Blog

Financial planning is increasingly important in Singapore, with three in four people preparing for retirement. Yet, few meet the financial benchmarks set by the Monetary

As Singapore’s cost of living continues to rise, many are wondering if wages are keeping up. According to the Ministry of Manpower, nearly a third

Digital banks have become increasingly important as more people prefer the convenience and efficiency of online banking.  Despite economic challenges and high-interest rates, Singapore’s digital

Short-term endowment plans give you a cash benefit plus an insurance against undesirable and total disability events. Learn more about them here.

About 1.5 million Singaporeans will receive up to S$850 in GST vouchers in August 2024. This includes an additional S$150 or S$100, announced during Budget

In today’s economy, maximizing every dollar is crucial. The head of financial planning literacy at DBS Bank emphasizes the importance of boosting financial literacy through

Choosing the right savings account is crucial in today’s economic climate, especially as interest rates fluctuate and banks adjust their offerings. Last week, Channel News

Singapore remains an attractive destination for foreign real estate investors, despite a recent hike in the Additional Buyer’s Stamp Duty (ABSD) rate from 30% to

Amidst escalating living costs and inflation, side hustles are becoming crucial for those seeking to boost their income. The potential to earn up to an

Yes, obtaining a no-credit-check loan in Singapore is feasible through licensed moneylenders, who evaluate your income and employment status rather than conducting credit checks.  Such

Singapore has some of the best priority banking services worldwide. This is because Singapore’s financial market segment is one of the strongest in the world. 

Have you noticed you carry fewer notes and coins, not because you are poorer but because you don’t need much hard cash to pay for

Understanding the distinction between credit and debit cards is crucial for effective financial management. A credit card operates on borrowed funds provided by a card-issuing

In Singapore, 21 persons for every 100 adults owned at least 1 digital bank account in 2022, according to Singapore Business Review (SBR.) The surveyor,

A recent survey shows that 63% of the Singapore population treats retirement planning as their top financial goal, compared to a regional average of 49%.

Financial stress occurs when a person feels worried and anxious due to problems related to money or their financial situation. People in Singapore, on average,

Singapore has the most progressive tax system in the world. The government has ensured that taxation remains competitive and progressive to encourage innovation, enterprise, and

The interest rate for Central Provident Fund (CPF) members’ Special and MediSave Account (SMA) has been raised to 4.01 percent per annum  from July 1

“Starting off on the right foot is key!” as the wise saying goes. An investment-linked insurance policy serves as a financial tool that combines insurance

The CPF board and Housing Board of Singapore have announced an upcoming change in the interest rates for MediSave and Special accounts in Q3 2023.

Over the past five decades, Singapore’s financial sector has multiplied by developing a progressive and sound financial center. It has also ensured the financial industry

With the issuance of digital bank licenses by the Monetary Authority of Singapore (MAS) in 2020, digital banks have gained popularity in Singapore. These banks

There is a lot of talk about investing and saving up your money for retirement going around. Having your money in a savings account is

Singaporeans tapping their Central Provident Fund (CPF) savings is a way to finance the property via a home loan unless they have the cash sitting

With 52% of Singapore residents investing in stocks, it’s clear that stock trading is gaining popularity. Online brokerage platforms like Tiger Brokers and Interactive Brokers

Protected by the semi-official organization and the Singapore government, Fixed Deposits (FDs), and Singapore Savings Bonds (SSBs) are risk-free investments with guarantees of capital and

The United States 401(k) and Singapore’s (CPF) Central Provident Fund are retirement saving systems from the government. While both systems are designed to help you

T-Bills are short-term debt securities issued by the Singapore government through the Monetary Authority of Singapore (MAS). They are considered a low-risk investment option and

Singapore has experienced a continuous surge in quota premiums for most new issues of the Certificate of Entitlement (COE) since the last bidding exercise in

Around 150,000 people go through Changi Airport daily, and as common as people taking trips are, so do cases of flight delays, trip cancellations, and

A Cash Management Account (CMA) helps streamline your finances, especially if you own multiple investment accounts. Instead of tracking and overseeing your financial position from

In today’s ever-changing business environment, companies are continuously seeking new and innovative ways to optimize their finances and maximize their profits.  While the traditional budgeting

From health insurance and personal accident insurance to critical illness and whole life insurance products, there are several different kinds of insurance policies available in

Retirement planning aims to put your finances in order after leaving your career. Retiring planning includes 5 steps: starting retiring planning, figuring out how much

Financial freedom means different things to different people. For some, financial independence is the ability to live life with the smallest debt possible, enjoy making

Life insurance policies come in two key forms – whole life insurance policies and term life insurance plans. The main differences between the two ultimately

Singapore T-bills, also called treasury bills, are government-issued debt securities. Treasury bills are safe in principal amounts, and the default risk by the Singapore government