Invest starter: An Investment-Linked Plan (ILP) To Serve Your Needs
Planning to start investing and be protected at the same time? There’s a new kid on the block called Invest starter – an ILP that may meet your needs. Despite the economic uncertainties over the past few years, there is one good thing that resulted beyond the tough job scene and growing inflation: we are […]
Raising financially savvy kids: How parents can teach children to appreciate the value of money
PARENTHOOD As a parent, it’s natural to want your children to learn the importance of money and appreciate its value. After all, financial literacy is a critical life skill that will benefit them in the long run. However, getting your kids to understand the value of money can be a challenging task, especially in today’s […]
How To Be Happier At Work?
Singaporeans are no stranger to work and stress, and trying to manage a work-life balance is easier said than done. Recent statistics show that 41% of Singaporeans would rather be unemployed than feel unhappy in their job. Yet, at the same time, workers in Singapore fear not having enough money for retirement. That got us thinking: Instead […]
Newlywed tips to thrive in your first year of marriage
Newlyweds are expected to face major changes in your first year of marriage. You know it’s going to be tough, and you thought you were prepared for it until you found yourself asking, “Is it true that the first year of marriage is the hardest?” While the beginning is always the hardest, having a good […]
Easy ways to boost your metabolism
If you are just hitting the big 3-0 and already blaming your weight gain and poor digestion on slow metabolism due to age, or know somebody who does, this article is for you. Contrary to a common misconception, slowing metabolism and weight gain are more likely related to your lifestyle rather than age. That’s good […]
Tips for investing in volatile times
Markets these days are anything but certain. From the COVID-19 pandemic, to the Russia-Ukraine war, looming energy crisis and, closer to home, inflation rates peaking at a 14-year high, volatile markets have become the norm. Aspiring investors might wonder, is now a good time to invest? After all, there are so many uncertainties affecting the market. […]
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 […]
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 […]