Singapore-based financial blog that aims to educate people on personal finance, investments, retirement and their Central Provident Fund (CPF) matters.

Monday, 29 June 2020

7 Advice to Graduates from Apple's SVP of Software Engineering

Craig Federighi is the Senior Vice President of Software Engineering at Apple. He oversees the development of iOS and macOS. He's the guy that's been doing quite a fair bit of presentation and demo during Apple's various events. He was invited to the University of California (UC), Berkeley, to...

Sunday, 28 June 2020

The Best CPF LIFE Plan Is...

Previously we published an article on why You Should Not Choose the CPF LIFE Basic Plan. Then we got readers coming back to us asking which is the best CPF LIFE plan. So we decided to write about it to let our readers know. 😉 Numbers Behind the 3 CPF LIFE Plans We used the CPF calculator to calculate...

Thursday, 25 June 2020

You Should Not Choose the CPF LIFE Basic Plan

What's CPF at old age for? It is to support you in your retirement. If it's not able to do that well, maybe it's not suitable for you? What is CPF LIFE Basic Plan? Basically, you are taking lower monthly payouts so that your dependents will get more of the money when you passed on. If what you...

Monday, 22 June 2020

Thursday, 18 June 2020

Save in CPF or Invest in SATS?

This is part of our new series where we compare CPF against other financial assets. Today, we are comparing CPF SA against SATS (S58.SI) because while we were building our SIA comparison, we found SATS to be a much more interesting story than SIA. Don't worry, we will publish our SIA comparison...

Monday, 15 June 2020

Answering 2 Common CPF “Complaints”

Some money experts have advised people to save in a bank account that they have no easy access to (i.e. no ATM cards) to reduce the probability of them spending that money. But often people would come out with “justifications” like “I need a car for work”, “I need to renovate my home”, or the most...

Saturday, 13 June 2020

Is CPF A Scam?

Is CPF a scam? Yup, Yes, it is! But it's the people scamming the Government. Okay, that's an exaggeration. But hey, now that we have baited you in, keep reading 😉. 1. What Kind of Scam is CPF? It's a huge financial scam! The people are "scamming" the Government! The people are "taking in too...