It is the end of June with all mandatory contributions in for the month. OA to SA transfer for the month of June is also completed. SA balance currently stands at $107,057.49, slightly more than half of 2020 FRS or 59.1% of the journey. In the current climate, it is better to have more cashContinue reading “CPF Balances Update – June 2020”
Tag Archives: retirement
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”
His money, her money, our money
Prior to marriage, individuals have complete control, access to and allocation of their income. Once a family nucleus is formed, different ways emerged whereby money is managed in the household. Some families maintained separate control, taking turns to foot common bills; some have minimally a joint-expenses account, whereby both spouses contribute equally. In some countriesContinue reading “His money, her money, our money”
