6 Ways to Use Your Child’s Ang Bao Money & How to Maximise it!
Chinese New Year is exciting for children because of the new clothes, goodies and being able to receive money (Ang Bao Money). With the collected red packets or e-Ang Baos, there’s an extra sum to “play with”. Wondering what to do with your child’s Ang Bao money? Read on for some practical ideas! Here are […]
14 Government Grants, Parental Benefits and Tax Reliefs All Parents in Singapore Must Know!
Family Benefits for Parents in Singapore: With new births in Singapore, the Government has various grants, maternity and paternity benefits and tax reliefs to support parents in raising children. If you’re wondering what type of financial benefits you and your children qualify for, read on to find out. Note that eligibility varies for Singapore Citizens, […]
Feeling Worried? Are you financially ready for another child? Tips from a Mum of 2
Have you been thinking about having about having another child? Whether if you are financially ready for another one? Are the projected expenses that come with having more kids putting you in a dilemma? These are very real concerns with regards to family planning. After all, the cost of raising a child in Singapore was […]
Is Covid-19 Stopping You from Making Retirement Plans?
Mums and dads, have you started making plans for retirement? If not, has the COVID-19 pandemic spurred you to save up more, or has this stopped you in your tracks? We checked in with some parents in Singapore to understand about their sentiments towards retirement planning and whether this downturn has influenced their financial goals. […]
6 Fun Ways to Teach Preschoolers About Money
As a mum, I know there are so many things that I would like to impart to my children. With my son in school, I tend to leave academic teachings to his teachers because I believe that he is in good hands of experts. But I know that there are some knowledge such as financial […]
What Can Parents in Singapore Do with the Baby Bonus?
Having a baby marks a new chapter for the family. Raising kids also means an increase in expenses, and the Singapore Government has the Baby Bonus Scheme to help ease financial concerns for parents. Under this scheme, there are Baby Bonus cash gifts and contributions to the Child Development Account (CDA) to help mums and […]
Do you know what your child’s CDA account can be used for?
Welcoming a new baby marks exciting times ahead! To celebrate, the Singapore government has plans and cash gifts to help families ease their financial costs. So, what is the difference between the Child Development Account (CDA) and the Baby Bonus cash gift for babies in Singapore? Both are initiatives under the Baby Bonus Scheme. In […]
How Can I Be a Financially smart Mum Without Neglecting Myself?
As a mum raising a family in Singapore, I realised that many of us tend to spend a large portion of our incomes on our children and family. The monthly childcare fees, enrichment classes, buying them the freshest ingredients, getting them new clothes and presents… multiple cash outflows that go towards kids. How about ourselves, […]
What is Maternity Insurance & Are They Worth Getting?
Planning for a family inevitably involves the discussion on financial planning and the costs of having a baby. During the pregnancy journey, more parents nowadays purchased maternity insurance plans to cover unexpected complications for the pregnant mum and the unborn child too. What are maternity insurance plans? Maternity insurance plans (also known as prenatal or […]
Child Care & Infant Care subsidies for Families in Singapore
Our children’s education fees can be pretty substantial, yet it is an essential investment for them. Thankfully, there are child care and infant care subsidies to help families with some extra savings. Experts note that a child’s first 1,000 days (or their first 3 years of life) marks exponential growth in their brains. Thus, it […]