CPF Balances Update – March 2020

It is the end of March with all mandatory contributions and cash top up in for the month. OA to SA transfer for the month of March is also completed. SA balance currently stands at $103,063.50, slightly more than half of 2020 FRS or 56.9% of the journey. Basic Healthcare Sum of $60,000 was metContinue reading “CPF Balances Update – March 2020”

Life and personal finance in their Essence

Life, indeed, is short. 83.2 years — this is how long the average Singaporean expect to be on Earth, for year 2018. 83.2 years to leave a legacy, 65 years till retirement, 20 years to reach early adulthood, 12 years to end off the fun of a childhood. We don’t actually realise how short lifeContinue reading “Life and personal finance in their Essence”

CPF Balances Update – February 2020

It is the end of February with all mandatory contributions and cash top up in for the month. OA to SA transfer for the month of February is also completed. SA balance currently stands at $98,250.04, slightly more than half of 2020 FRS or 54.3% of the journey. There’s a slight change in strategy fromContinue reading “CPF Balances Update – February 2020”

Inculcating transferable and manageable savings and investment habit

It is pretty interesting to note that parents who on one hand disagree on spoiling their children with a golden spoon, yet be willing to pamper them with the latest IT gadgets or wants. Some disagreements which we commonly hear are Children should work and earn their own keep for their own university education. TheyContinue reading “Inculcating transferable and manageable savings and investment habit”