CPF Special and MediSave Accounts Interest Rate Hits 4.04% For Q4
This attention-grabbing headline appeared on Channel News Asia mimicked what we saw a few months ago. Taking a closer look, the article stated that the interest rate for the CPF Special (CPF-SA) and MediSave Account (CPF-MA) will increase to 4.04% per annum in Q4 of this year, up for only the second time since the […]
CPF News – $71,500 Basic Healthcare Sum (BHS) For 2024
The Basic Healthcare Sum (BHS) is the estimated savings you need in your MediSave Account for your basic subsidised healthcare needs in old age. Or perhaps, you’d still remember the term used to be the CPF Medisave Limit or Medisave Cap Limit. Quite a few years ago, the official term given was actually Medisave Contribution Ceiling […]
How To Surrender Your AIA Prime Life Special Policy: A Step-By-Step Guide
Initially, I wanted to write a new article but instead decided to update this slightly aged one on AIA Prime Life Special Policy. I am adding to this blog post from 2017 because the world, as we know, is experiencing a period of high-interest rates as a result of an aggressive rate hike undertaken by […]
5 Financial Resolutions To Make As A Couple In 2024
Setting financial resolutions at the beginning of a new year has always been a popular practice. Many of us would want to improve our financial habits, such as controlling our spending, saving more, or investing consistently. Setting financial resolutions for oneself can be straightforward. However, achieving these resolutions frequently depends not only on our individual […]
Jobs In Demand: 5 Sectors That Will Do Well In 2024
It’s the new year and some people are considering a job switch or perhaps considering a change in environment. This could also be your first job or that you want to explore a new job to get a pay bump to curb the rising costs and inflation. A deciding factor to a job change will […]
How Much Does It Cost To Play Golf In Singapore?
Playing golf in Singapore might seem like an expensive venture to pursue and it might be daunting to head to a country club to learn or practice. Unlike different sports where the equipment could be borrowed from the concierge (bowling, darts) or shared throughout the team (football, rugby). To play, most will either borrow from […]
4 Internet Habits To Adopt To Prevent Scams
In recent years, telcos implemented a “+65” prefix added in front of phone numbers to indicate overseas calls masquerading as local numbers. While this helps people to identify scam callers, the incessant calling is still a nuisance. Starting from 5 January, telcos have provided the option for users to block all overseas calls altogether. Aside from […]
Understanding The Pros And Cons Of Using Leverage In Your Trades
In the dynamic world of financial markets, investors and traders often seek ways to enhance their returns. One way to improve returns is through the use of leverage – a tool that involves borrowing capital to amplify your trading profits. While this approach can be enticing, it comes with its own set of advantages and […]
Is It Better To Buy Or Rent A Private Property In 2024?
Many of us would have been advised to get on the property ladder as soon as possible so that we could stretch our loan longer and ride the long-term trend. As such, in Singapore, where we have one of the highest homeownership rates in the world, the proverbial question of whether to buy or rent […]
Companies, Sole Proprietorships & Partnerships: Which Structure Should You Choose When Registering A Business?
This article was written in collaboration with GovTech. 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. According to […]
