Due to inflation, your cash savings will be worth less and less each year. For example, the Monetary Authority of Singapore (MAS) projects average core inflation to come in at 2.5% to 3.5% in 2024.

In both schemes, we can start receiving our monthly payouts from our payout eligibility age, which is currently 65, to tide us through our retirement. Also Read: Here’s What Your CPF Full Retirement ...

Besides the rise in the CPF Monthly Salary Ceiling, both Employee’s CPF contributions and Employer’s CPF contributions for seniors aged 55 to 65 will also increase in 2025. If we fall into this age ...

Read Also: Complete Guide To Prepaid SIM Plans In Singapore Absolute Lowest Price And Best Overall Value For those who want to spend the absolute minimum on their SIM-Only Plans, eight’s Double Eight ...

If the number to raise a child till they turn 18 doesn’t seem too high, do note we have not included additional expenses such as insurance premiums and tertiary-related school fees that we will incur ...

Whether you choose to invest in 100% REITs or REITs with Risk Management, either portfolio is a great way to enjoy instant diversification into the leading retail, commercial and office REITs in ...

Source: CPF As we can see, the recent trend is that the FRS increased approximately 3% each year until 2022. From then, it rose close to 3.5% instead each year. If inflation and cost of living rise at ...

What Do I Get With The Different Revolut Accounts? On its free Standard account, you can already start spending in over 150 currencies, enjoy access to its interbank exchange rate, make up to $5,000 ...

As we handle foreign currencies more frequently, finding the best exchange rates can save us a tidy sum of money. Apart from that, we cannot ignore security when spending in foreign currencies. When ...

Source: Singtel Back in 2022, Singtel dividends have been declining for a few years, from a high of 20.5 cents in 2019 to a low of just 7.5 cents in 2021. In 2021, SingTel was trading at between $2.30 ...

Final Verdict For short trips, the cheapest option would be to simply switch on your data roaming. It is also highly convenient as you are able to do it anywhere and anytime. Although having a WiFi ...

Invest Smarter, Not Harder. Join us at The EveryDayInvestor event on 19 July at SGX Auditorium, where we break down how managing your portfolio is a lot like managing a football team. Hear from Mr Loo ...