$773 To $3,015 A Month: Here’s How Much You Need To Spend During Retirement In Singapore Today
Planning for retirement in Singapore can easily be overlooked. Between long working hours, shouldering the financial stresses of the rising cost of living and spending time with family, there is precious little time to dedicate to retirement planning. Even for those who consider retirement planning, many of us may be (falsely) comforted by the retirement safety net […]
Temasek Review 2024: 4 Investment Lessons We Can Learn From Temasek As An Investor
It has been 50 years since Temasek was incorporated as an investment company in Singapore. Wholly owned by the Singapore Minister for Finance, Temasek was established in 1974 to own and commercially manage investments and assets previously held by the Singapore Government. These include companies such as DBS, Keppel Corp, and Singapore Airlines (SIA), which […]
How Much Can You Earn Working As A Barista In Singapore?
In recent years, Singapore has witnessed a surge in demand for coffee, driven by an evolving café culture and a growing appreciation for artisanal brews. This heightened interest in coffee is not merely about the beverage itself but also about the experience and lifestyle it represents. The rise of specialty coffee shops, which focus on […]
GST Voucher (GSTV) Scheme: How This Permanent Scheme Supports Singaporeans As GST Rates Increases
For Singaporeans receiving the additional GSTV (be it in Cash or U-Save), the feature of GST Vouchers in the recent Budgets is a welcomed support as cost-of-living increases. However, the GSTV is not a new thing for Singaporeans. In fact, the GST Voucher Scheme is a permanent scheme introduced since Budget 2012, more than 10 […]
5S, 5I, 5A: The Different Types Of HDB 5-Room Flats In Singapore
In Singapore, HDB public housing flats are a central feature of the country’s landscape. The majority of Singaporeans – nearly 80% – live in these flats, which have been pivotal in transforming the country from a fishing village to a modern metropolis. In the 1960s to 1970s, 5-room flats were the largest type of HDB flats available. Only […]
10 Most Traded Currencies in The World, And Why They Are So Popular
In the ever-evolving landscape of global finance, foreign exchange (forex) markets stand out as the most dynamic and largest asset market in the world. Recent data reveal that currency trading turnover has reached a record US$7.5 trillion per day, highlighting the immense scale and liquidity of the forex market. Amid this vast array of currencies, […]
History Of CPF Interest Rates And How They Have Changed Since 1955
Since its introduction in 1955, the Central Provident Fund (CPF) system has been a cornerstone of retirement planning for Singaporeans. While it was purely a tool to build our retirement adequacy when it was formed, it has evolved over the years to cover other major aspects of our financial lives, including our housing and medical, education and investing […]
3 Ways Changing Your Home Address Can Financially Impact You
Close to 90% of Singaporeans own the home that we live in. The address of this home is etched into the back of our Identity Card (IC). If we shift into a new home, we are required to report a change of residential address within 28 days – via ICA’s e-Service portal. While we can’t […]
Supermarket Stocks: Investing In Sheng Siong (SGX: OV8) And DFI Retail (SGX: D01)
The COVID-19 pandemic in 2020 caused widespread panic and uncertainty globally. In Singapore, as in many other parts of the world, this led to panic buying, where consumers rushed to supermarkets to stock up on essential items. Everyday products such as milk, eggs, cleaning products, and toilet paper were particularly in high demand and often […]
Paying Your (Future) Self First: How The Investments You Make Today Can Support Your Retirement In The Future
This article was sponsored by Lion Global Investors. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial policy here. Most […]
