Parents, Have You Claimed Your Tax Reliefs and Benefits?
Raising children in Singapore can be costly, but there are tax reliefs and rebates available to ease the financial burden. Parents can claim the Parenthood Tax Rebate (PTR), Qualifying Child Relief (QCR), and Working Mother’s Child Relief (WMCR). The PTR offers significant deductions for each child, while the QCR and WMCR provide additional savings. Understanding and claiming these benefits can help stretch your family’s savings during the tax filing season.
6 Ways to Smarter Financial Goals Planning + Achieve Your New Year Resolutions
Start the year strong with smarter financial goals planning. Whether it’s reviewing your investment portfolio or clearing credit card debts, these 6 tips will help you achieve your financial resolutions. From budgeting to making your money work harder, planning ahead ensures you and your family are set for success in 2024.
14 Government Grants, Parental Benefits and Tax Reliefs All Parents in Singapore Must Know!
Raising kids in Singapore? Learn about 14 key Singapore family benefits, including maternity packages, education grants, tax reliefs, and childcare leave. From MediSave to the Parenthood Tax Rebate, these government initiatives help parents manage healthcare, education, and daily expenses. Find out how you can maximize these Singapore family benefits and plan for your family’s future today.
Feeling Worried? Are you financially ready for another child? Tips from a Mum of 2
Wondering if you’re ready for another child? Discover practical budgeting tips, family planning advice, and ways to use government support to manage costs. With proper financial preparation and a clear plan, you can confidently expand your family while staying in control of your finances.
Is Covid-19 Stopping You from Making Retirement Plans?
The COVID-19 pandemic has changed the financial landscape for many families. Discover effective strategies for retirement planning in Singapore to ensure financial stability in uncertain times. From financial investments to setting achievable goals, learn how families can overcome challenges, plan for the future, and build financial confidence. Start small, stay consistent, and map out a clear financial path toward a stress-free retirement.
6 Fun Ways to Teach Preschoolers About Money
Teaching financial literacy can be simple and fun! Discover 6 creative ways to teach preschoolers about money through real-life experiences, games with toys, and hands-on activities like saving in jars and earning opportunities. These activities make learning about savings, spending, and sharing exciting and age-appropriate for young children. Equip your little ones with essential life skills and confidence in handling money from an early age.
What Can Parents in Singapore Do with the Baby Bonus?
The Baby Bonus cash gift is financial support from the Singapore Government to help parents with expenses. This scheme includes cash gifts and contributions to the Child Development Account (CDA) to support new parents. Eligible parents receive these gifts in instalments over 18 months, and the funds can be used for essentials like diapers, formula, or savings. Additionally, financial support includes the Baby Support Grant, introduced during the Covid-19 period. Learn how to apply and ensure your child’s eligibility for these valuable benefits today.
Do you know what your child’s CDA account can be used for?
Discover how your child’s CDA account can be used for early childhood education, healthcare, savings, and more. Learn how to maximize its benefits and navigate the Baby Bonus Scheme in Singapore.
How Can I Be a Financially smart Mum Without Neglecting Myself?
Being a financially smart mum means managing family finances without neglecting your own needs. Learn tips on budgeting, insurance, and savings to plan for your children’s education, medical expenses, and your future retirement. Discover how simple adjustments like maternity insurance and savings diversification can bring peace of mind. Take charge of your family’s financial journey while prioritizing your self-care and well-being.
What is Maternity Insurance & Are They Worth Getting?
Maternity insurance plans offer financial protection for expectant mothers and babies against pregnancy complications and congenital illnesses. These plans provide a lump sum payout or daily hospital cash to ease medical costs. With various options in Singapore, it’s crucial to understand coverage, benefits, and exclusions. Consulting a financial advisor can ensure you select the best plan to fit your needs and provide peace of mind during parenthood.