Financial Advisory By Aden Fong

31/05/2022

📢IT’S HAPPENING📢

𝔸𝕏𝕀𝕊 𝕩 𝔸𝕞𝕒𝕫𝕚𝕟𝕘𝔹𝕒𝕓𝕪_𝕤𝕘

We are giving away free 30min professional photoshoots! Create beautiful moments with your family and friends this coming Sunday, 5 June 2022 (2pm-7pm)

Suitable for 4-6pax
♥️Friends
♥️Couples
♥️Family
♥️Graduation
♥️Newborn
♥️Maternity
♥️Kids
♥️Pets

Reserve your appointment asap! See you there!

15/09/2021

http://bit.ly/LIFE2109C , use 1214955 as reference code

18/03/2020

Sign up for the FREE Disability Support Programme for Singaporeans/PRs aged 30-40.
This programme provides interim financial assistance in the event of severe disability, before the launch of CareShield Life scheme (Compulsory Scheme) in mid 2020.
Benefits:
✅ Up to 12 months of complementary protection
✅ Cash benefit of S$600/month for up to 60 months if unable to perform at least 3 Activities of Daily Living.
✅ Death Benefits of S$3000
✅ Payouts and benefit can be upgraded when CareShield Life supplementary plans are launched - no additional medical assessment needed.
Stay Protected. Sign up now :
sg.gelife.co/CPP1214955
Sharing is Caring 😁
T&Cs apply.

11/03/2020

⏰⏰It's the time of the year, again...You might/might not have received a notification.. to file for your taxes.

But before you start panicking on what you should do, here's something you need to know before you file for your tax, and how to reduce it (legally) ✔️✔️

1. Voluntary SA Top-ups
2. Voluntary MA Top-ups
3. Donate to a registered tax-deductible charity
4. Contribute to SRS
5. Go for a course that is related to your career
6. Deductions on rental expenses, if you are getting rental income. 🏘️

Tax relief may sound very appealing, however when planning for our tax relief we have to take note of our future milestones and how putting this money aside affects our liquidity. 📈

Singaporeans can and should take advantage of reliefs and deductions to legally reduce their personal income tax.

28/02/2020

💰💰 What you need to know for , summarised

1. Stabilisation and support package to help Singaporeans to retain their jobs
2. Care and Support Package for household (GST Voucher, Service and conservancy Charge Rebate and Workfare Special Payment) will be more in 2020.
3. GST will NOT be increased in 2021
4. Additional $500 SkillsFuture Credit will be given out to Singaporeans above 25 years old, and a new SkillsFuture Mid-Career Support Package for 40 to 50 year old Singaporeans.
5. $1,000 annual bursary quantum for students below tertiary, increased subsidy for all school and full-time ITE Students. 🏫👦👧
6. Matched Retirement Savings Scheme, dollar-to-dollar CPF cash top-up capped at $600, enhanced Silver Support Scheme for Singapore's senior population.👴👵
7. Enabling Employment Credit To Encourage Hiring Persons With Disabilities ♿
8. Monetary Incentives To Push Adoption Of Electric Vehicles

Highlighting 8 key announcements from Budget 2020 that all Singaporeans need to know about.

24/02/2020

Don't let others dictate who you are, decide who you will be today!
https://www.facebook.com/877142645638002/posts/2246931525325767/

21/02/2020

https://blog.seedly.sg/what-type-of-hdb-flat-can-i-afford

Key takeaways when planning for your first H O M E 🏡

1. Cost of BTO flats
2. How your income affects your decisions
3. The grants amount we can get from Gov (income dependant)

* The article here is only to serve as a rule of thumb, a proper analysis of financial situation and milestones are a must to ensure that we are able to enjoy the right kind of house comfortably.
Also we may like the ideas of grants, however there are still many other things to take note of, read https://www.icompareloan.com/resources/busting-myths-cpf-grants-buying-hdb/ to find out more. *

Speak to your financial advisor today to plan for your first property early in order to minimise the use of grants, as well as to gather enough liquidity for the right loan (if any needed) 😉

Only buy as much house as you can comfortably afford.