Travel Packing List: What To Pack For Your Overseas Trip
In case you haven’t heard, there are 7 long weekends with Singapore Public Holidays (PH) in 2023 and the upcoming NATAS Travel Fair 2023 promises amazing travel deals for those of you who have yet to make travel plans for the year. It’s never too early to plan ahead for the sweet escape, and while you are at it, […]
The true value of life protection
If you’re forgoing life protection to save money in the short-term, you need to read this! Amid our evolving pandemic environment, it seems more people are placing greater importance on their long-term financial and healthcare needs by getting life insurance. In the first half of 2021, Singapore life insurance industry recorded new business premiums with […]
Money Tips for Gen Z SG
Most people would not say no to owning private properties and jet setting to Europe at least twice a year for vacation. In fact, that’s the kind of retirement life that younger Singaporeans wish for. A recent survey revealed that Gen Z and Millennials in Singapore aspire to retire in luxury at the age of […]
Retirement planning – act now to keep the shine in your golden years
“RETIREMENT” – it is a stage in our lives that we both look forward to, but at the same time, worry about as we will no longer be earning an active income. For some younger people, retirement is not even a blip on their radar. This is a mistake. Retirement planning is in fact something […]
Should ILPs be part of your retirement plan?
You may have come across Investment-Linked Plans (ILPs) but kept a good arm’s length away from them. After all, with the infamous reputation that they have built, are ILPs worth investing in? Let’s just put it out there once and for all: not all ILPs are made equal. Yes, ILPs do come with a certain level […]
How to achieve your goals with ILPs
Most of life’s milestones don’t happen by chance. Be it learning how to ride a bicycle for the first time as a kid, collecting the keys to your first home or starting your own family, achieving your dreams takes effort, and most importantly, intent. Similarly, financial planning works best when you know what you are […]
Gap year tips from a Singaporean who quit his job to travel
Whilst most people procrastinate on the uncertainties of a gap year, worrying that it may be a career suicide, taking the leap may not be as scary or detrimental as imagined. Ummar Hasim was working in a stressful corporate environment when he made an impulsive decision to quit his job and buy a one-way ticket out […]
Investment-linked plans (ILPs) vs endowment plans: similarities and differences
If you are in the market for a product that provides insurance coverage while growing your money, you may have come across these two instruments: Investment-Linked Plans (ILPs) and endowment plans. Both are insurance plans that come with cash values, but what are they exactly and how are they different? Which of the two is […]
How to choose the right funds for your ILP
One of the first things you have to do after purchasing an Investment-Linked Plan (ILP) is to pick your funds. As you know, returns from your ILP are non-guaranteed and largely dependent on how well your chosen funds perform. For this reason, it is important that you pay attention to this step and pick the […]
Are investment-linked plans (ILPs) worth investing in?
There are many different types of investment products out there, and one that has traditionally divided opinion is none other than Investment-Linked Plans (ILPs). A hybrid product that combines both insurance and investment, some like it for its flexibility and multi-functionality. Then there are those who believe that you’re better off keeping your investments and […]