Venture Finance

30/05/2022

30 is a big birthday, and it comes with even bigger shoes to fill. After all, it’s officially the start of the third decade of our lives – we’re well into adulthood and there’s no turning back.

With this, comes a flood of new concerns: career, family, and how much savings we should even have. To all fretting over the state of their finances, know that there’s no fixed number for this.

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23/05/2022

Millennials took one look at their financial future and, early on, realised it was bleak.

The YOLO (you only live once) generation started saving for retirement 9 years earlier than their baby boomer parents did, according to a new study.

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MILLENNIALS took one look at their financial future and, early on, realised it was bleak. Read more at The Business Times.

16/05/2022

We need to plan for accidents and illnesses way before they happen, as they can happen to anyone, anytime, and can cause great financial strain if we aren’t prepared.

Thankfully, there are many insurance schemes like CareShield Life that help to make medical and long-term care more affordable in the event that you need help.

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You should care about CareShield Life.​

15/05/2022

Happy Vesak Day to all our Buddhist friends! May the beauty of prayer and reflection bring peace and tranquility to all ✨

09/05/2022

A survey conducted by SingSaver found that 50% plan to retire below the official retirement age of 62. It also revealed 63% of Singaporeans started to build their wealth before the age of 30.

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Personal finance platform SingSaver released the results of their financial goals survey on 23 November.

03/05/2022

Selamat Hari Raya Aidilfitri! Wishing all our Muslim friends a blessed Hari Raya filled with love and happiness ❤️.

02/05/2022

Women in Singapore are not shying away from pursuing financial independence. 64.2% of ladies in Singapore are working or seeking work, comparable to 77.2% of men. Around a third of senior leadership positions in the workplace are also occupied by women.

Nonetheless, even if you’re a woman earning your keep or with savings squirrelled away, achieving financial independence could still be a tall order if you’re not intentionally managing and growing your assets.

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Work towards financial independence with these tips shared by five Singaporean ladies.

25/04/2022

There's an increasing proliferation of proprietary financial services companies suggesting that they do “financial planning” or will offer their would-be customers a “financial plan.” But they go on to discuss said “financial plan” as a mere review of one’s investment holdings, as though an investment plan and a financial plan are somehow synonymous. They are not.

The reason it’s important to make this distinction is that without consideration of someone’s entire financial situation, recommendations regarding specific elements of planning are diluted, at best, if not dubious.

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Financial planning is a blend of many elements including investment, insurance, tax, estate, retirement, and cash flow planning, but it is necessarily more than a rifled approach to any one of them. And at the core of the practice is not products, services, or proprietary strategies—but you.

18/04/2022

CareShield Life is a disability insurance scheme for Singaporean residents. If you are born 1980 or later, it is compulsory for you. You will be automatically enrolled by 1 October 2020 and will start paying premiums for it. If you are above 40, you will either be automatically enrolled into it or given a choice to opt in, provided that you are currently not disabled.

Making it compulsory for young Singaporeans ensures payout coverage for all future generations.

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CareShield Life (终身护保) is a disability insurance scheme for Singaporean residents that will be launched on 1 October 2020. If you are born 1980 or later, it is compulsory for you. You will be automatically enrolled by 1 October 2020 and will start paying premiums for it. If you are above 40,...

11/04/2022

Insurance really does take a while to wrap your head around. However, at some point in your adulting, you will come to the realisation that insurance is not avoidable forever and that there is value to getting at least some sort of life insurance policy.

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This whole insurance thing really does take a while to wrap your head around. The words "whole life insurance" and "term insurance" don't really mean or explain very much to the average person.The typical Singaporean is also...

04/04/2022

It’s crucial to know how to properly manage your money – to gain financial wellness, achieve financial goals, and even obtain financial independence.

No doubt that the world of personal finance is a complicated and tricky one to navigate. But it’s clear as day that learning the basics of budgeting, investing, or saving up for retirement will help massively in the long run.

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For those who need a quick crash course in saving money.

28/03/2022

Many food delivery riders are satisfied with their work but feel that it is misunderstood, according to a study by Blackbox Research released on 23 March 2022.

There are also concerns about the possibility of Central Provident Fund (CPF) contributions being made mandatory, with Singapore's ongoing review which could impact riders' livelihoods.

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MANY food delivery riders are satisfied with their work but feel that it is misunderstood, according to a study by Blackbox Research released on Wednesday (Mar 23). There are also concerns about the possibility of Central Provident Fund (CPF) contributions being made mandatory. Read more at The Busi...