Money Talks

The CPF Lifetime Retirement Investment Scheme: What we know so far

Mon, 02 Mar 2026 23:00:00 +0000

Come 2028, CPF members will have another way to grow their retirement savings through investments that rebalances automatically over time. With low-cost providers expected and market risks involved, what should you consider before opting in? Christopher Tan from Providend joins Andrea Heng to discuss what you need to know.

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Romance and risks: How couples can invest without breaking up

Mon, 23 Feb 2026 23:00:00 +0000

When one partner is risk-averse and the other wants to chase growth, how do you find a middle ground? Tiger Fund Management’s Jeremy Tan joins Andrea Heng to share practical tips on bridging the risk gap, explain why documenting contributions is an act of care rather than a lack of romance and discuss how to stay united when the markets - and your portfolio - take a dip.

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How early should you start investing for your child?

Mon, 16 Feb 2026 23:00:00 +0000

When you have 20 years before your child needs the money, the biggest risk may not be market swings but doing nothing at all. With education and healthcare costs rising, cash savings alone could fall short. Mahesh Sethuraman, CEO of Saxo Singapore, joins Andrea Heng to explain how parents can invest today for their children’s tomorrow.

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How to recover after making a financial loss

Mon, 09 Feb 2026 23:00:00 +0000

Financial losses are part of investing, but how you respond can shape your long-term outcomes. Grace Tay from Finexis Advisory sits with Andrea Heng to unpack how things can go wrong even if you follow all the rules and what you can do after a major financial setback.

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From iPhones to Labubu: Are collectibles killing your portfolio?

Mon, 02 Feb 2026 23:00:00 +0000

Limited edition toys, jewellery and sneakers may feel like good investments, but can they beat the stock of the companies behind them? Zavier Wong from eToro sits with Andrea Heng to unpack how the numbers stack up.

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What everyday investors need to know about private markets

Mon, 26 Jan 2026 23:00:00 +0000

Private markets aren’t just for the ultra-wealthy anymore, but access doesn’t always mean suitability. Understanding the risks, liquidity and its role in your overall portfolio is key. Sheryl Choong from Endowus shares with Andrea Heng to explain how to approach them with clarity and confidence.

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Make these smart moves before spending your sudden windfall

Mon, 19 Jan 2026 23:00:00 +0000

A bonus, inheritance or CPF withdrawal can feel like hitting the jackpot – but acting on impulse can drain your fortune fast. Senior wealth advisory lead Jason Ang from Syfe shares with Andrea Heng how to pause, plan and protect your windfall.

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How to maximise your SRS money early

Mon, 12 Jan 2026 23:00:00 +0000

The Monetary Authority of Singapore’s latest figures show that 19 per cent of the money that Singaporeans put into their Supplementary Retirement Scheme (SRS) accounts goes uninvested, appreciating at a measly 0.05 per cent per annum. With inflation eroding idle funds, more can be done after topping up one’s SRS account. StashAway’s Singapore country manager Jeremy Foo joins Andrea Heng to unpack how to make the most of your SRS funds as early as possible.

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Inflation, tariffs, AI stocks: Where are markets headed in 2026?

Mon, 05 Jan 2026 23:00:00 +0000

With talk of an AI bubble and expectations that the US economy will slow down, 2026 looks set to be another unpredictable year for investors. But where does that leave your savings, loans and investments? OCBC’s chief economist, Selena Ling, joins Andrea Heng to discuss what to expect in the year ahead.

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Best Of: Does mother know best? How to talk to your parents about their finances

Mon, 29 Dec 2025 23:00:00 +0000

Having the “money talk” with your parents can be daunting, especially when they’re reluctant to listen. But with housing assets, health costs and retirement planning at stake, these talks are critical. Vera Lau from Saxo shares what worked in her own experience and breaks down how to approach the conversation with empathy and respect.

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Best Of: When does dollar-cost averaging really pay off?

Mon, 22 Dec 2025 23:00:00 +0000

Dollar-cost averaging (DCA) is often seen as a safe and disciplined way to invest, but does it always work? From risk aversion to market timing, Isaac Lim, Chief Market Strategist at Moomoo, shares with Andrea Heng when DCA helps – and when it may be holding you back.

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Best Of: How global events shake oil prices - and your wallet

Mon, 15 Dec 2025 23:00:00 +0000

When geopolitical tensions flare up, all eyes turn to oil. But why does this commodity trigger global anxiety? In this episode of Money Talks Explains, energy expert Vandana Hari from Vanda Insights unpacks how changes in oil prices can have a ripple effect through economies – impacting policies, prices and portfolios.

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Best Of: Thinking of investing your CPF? Here's what you need to know

Mon, 08 Dec 2025 23:00:00 +0000

Beyond using your CPF to buy a home or as a retirement plan, it can also be used for investments. But what are the risks involved? In this episode of Money Talks, Christopher Tan from Providend explains how to avoid some common investment pitfalls.

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What I wish I knew about money in my 20s

Mon, 01 Dec 2025 23:00:00 +0000

Most people in their 20s only start saving when faced with big life changes – marriage, kids or buying a house. But waiting can cost you. Drawing from his own financial journey, Walter Tan shares his personal wake-up call and what he wishes he had done earlier with his money.

This episode is brought to you by Prudential Singapore.

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The sandwiched generation: How can you create a financial plan that works?

Mon, 24 Nov 2025 23:00:00 +0000

Caught between caring for ageing parents and young children, Singapore’s “sandwiched generation” faces both time and financial pressure. Yuvaraj Uthaman joins Andrea Heng to share his own financial journey caring for his ageing parents, raising his one-year-old son and trying to set aside money for his future.

This episode is brought to you by Prudential Singapore.

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What it really takes to retire well – not just retire

Mon, 17 Nov 2025 23:00:00 +0000

Planning for retirement no longer means a hard stop at 65 years old. With longer life spans and rising living costs, Singaporeans are now planning for a flexible, active second act in life. Andrea Heng speaks to Lim Szer Khee from Prudential Singapore to find out how you can fund a meaningful retirement while staying financially secure.

This episode is brought to you by Prudential Singapore.

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The new financial blueprint for today's Singapore dream

Mon, 10 Nov 2025 23:00:00 +0000

For Gen Zs and millennials, financial success is no longer about the 5Cs - it’s about freedom. And that requires a new kind of financial blueprint. From side hustles to micro-retirements, Andrea Heng sits with Jocelyn Kau from Prudential Financial Advisers Singapore to discuss what it will take to achieve the new Singapore dream.

This episode is brought to you by Prudential Singapore.

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How to diversify your investment portfolio

Mon, 03 Nov 2025 23:00:00 +0000

Diversification is more than just buying different stocks – it's about spreading risk across asset classes, markets, currencies and investment styles. Andrea Heng sits down with Jeik Sohn from Capital Group to unpack how retail investors can ensure their investments are adequately diversified without breaking the bank.

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When does dollar-cost averaging really pay off?

Mon, 27 Oct 2025 23:00:00 +0000

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What every homeowner should know about fire insurance and hidden costs

Mon, 20 Oct 2025 23:00:00 +0000

A house fire is not just traumatic – it can be financially devastating. While most homeowners have fire insurance, many overlook contents insurance, which covers personal belongings. Imran Sinwan from Finexis Advisory unpacks how to be financially ready before disaster strikes.

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Turning global uncertainty into long-term profit

Mon, 13 Oct 2025 23:00:00 +0000

US-China tensions are back, shaking up the markets. But market volatility isn’t always bad news for investors. In fact, it could be a chance to buy into future winners. Andrea Heng finds out from Thomas Chua, author of personal finance blog Steady Compounding, why patience and discipline matter more than timing the market.

This episode was recorded live at Seedly Personal Finance Festival 2025.

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Why some high-earners can’t retire early

Mon, 06 Oct 2025 23:00:00 +0000

Being in the top 15 per cent income bracket doesn’t guarantee a secure future. Lifestyle inflation, DIY missteps and uncoordinated plans often catch high income earners off-guard. Andrea Heng sits down with financial adviser Jo Ong to find out how to better manage your salaries and avoid financial hurdles.

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MT Explains: How will the US Fed rate cut affect Singapore?

Mon, 29 Sep 2025 23:00:00 +0000

A US Federal Reserve rate cut may be good news for your mortgage, but bad news for your fixed deposits. As global interest rates shift in response, where should Singaporeans invest for better returns? Andrea Heng sits down with Ritesh Ganeriwal from Syfe to find out.

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Should you ask an AI for investing advice?

Mon, 22 Sep 2025 23:00:00 +0000

Artificial intelligence is making its way into the financial planning space, with the technology’s ability to scan through hundreds of products and generate investment plans within minutes. But can AI chatbots replace a human adviser? Andrea Heng sits down with Kilde co-CEO Radek Jezbera to unpack the capabilities and limitations of asking an AI for financial advice.

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What exactly does a CPF nomination include?

Mon, 15 Sep 2025 23:00:00 +0000

Many Singaporeans overlook the fine print when it comes to CPF nominations, especially during key life changes like divorce or having more children. Andrea Heng sits down with Pang Zhe Liang, financial adviser and author of The CPF Playbook, to find out what can go wrong – and how to fix it.

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MT Explains: Breaking down the changes made to CareShield Life

Mon, 08 Sep 2025 23:00:00 +0000

The cost of long-term care is rising, and CareShield Life is evolving to keep up. How will the new support measures and revised premium structures affect Singaporeans? Andrea Heng sits down with Alex Lee from the Singapore Actuarial Society to find out.

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Does mother know best? How to talk to parents about their finances

Mon, 01 Sep 2025 23:00:00 +0000

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Can franchising be a viable side hustle?

Mon, 25 Aug 2025 23:00:00 +0000

Franchising promises a head start with a proven brand. But is it really easier or cheaper than building a business from scratch? From royalty fees to brand restrictions, there’s more than meets the eye. Nafees Khundker, the franchisee of Lush in Singapore, unpacks what aspiring franchisees need to know.

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Navigating the world of overseas ETFs

Mon, 18 Aug 2025 23:00:00 +0000

While some Singaporeans are familiar with local exchange-traded funds (ETFs), a world of opportunity lies beyond our borders. How does one navigate the complexities of different time zones, currency risks and foreign taxes? Is there a hack to lower the tax on dividends? Gerald Wong, CEO and founder of Beansprout, breaks down what you need to know before taking your investments global.

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MT Explains: Everything you need to know before investing in gold

Mon, 11 Aug 2025 23:00:00 +0000

Central banks around the world are looking to increase their gold reserves, seeking a safe haven amid global uncertainty. How can individual investors get in on the action? How much of one’s portfolio should be allocated to this precious metal? Shaokai Fan, global head of central banks and head of APAC (excluding China) from the World Gold Council, breaks it down.

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Is it dangerous to invest in a meme stock?

Mon, 04 Aug 2025 23:00:00 +0000

The 2021 GameStop saga introduced the world to meme stock mania. Now, with the likes of GoPro and Krispy Kreme in the spotlight, the phenomenon is returning. Andrea Heng speaks with SMU's Associate Professor of Finance (Education), Aurobindo Ghosh, to unpack the psychology behind the hype and the risks for retail investors.

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How to choose the right mobile phone plan

Mon, 28 Jul 2025 23:00:00 +0000

No contract, large data packages and free overseas internet roaming. These are just some of the perks that mobile virtual network operators (MVNOs) in Singapore are offering. Dinesh Dayani of DollarsandSense.sg discusses what to watch for in the fine print and how to know when it’s finally time to make the switch.

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MT Explains: Understanding the benefits of corporate insurance

Mon, 21 Jul 2025 23:00:00 +0000

Many jobs come with corporate insurance coverage but for those who want extra protection, they may consider paying for a personal insurance policy. Which policy should you claim first and how do you make the most out of your company insurance policy? Peggy Chan from the Institute for Financial Literacy shares what to look out for.

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MT Explains: What does it mean when a company goes public?

Mon, 14 Jul 2025 23:00:00 +0000

When companies like Reddit and Grab are listed on the stock exchange, there is often a buzz. But what does “going public” really mean for the company and for you as an investor? In this week’s Money Talks Explains, Dr Zhang Weina from NUS Business School unpacks the ins and outs of getting an Initial Public Offering (IPO), how prices are decided and whether it’s wise to invest in newly listed stocks.

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MT Explains: How global events shake oil prices – and your wallet

Mon, 07 Jul 2025 23:00:00 +0000

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Breaking down the costs of owning an electric vehicle in Singapore

Mon, 30 Jun 2025 23:00:00 +0000

With Singapore phasing out the sale of new internal combustion engine car and taxi registrations by 2030, many Singaporeans are contemplating switching to an electric vehicle (EV) or a hybrid car. But what are the costs involved? In this episode of Money Talks, Julian Kho from Sgcarmart gives a breakdown of the real costs and benefits involved – from maintenance fees to charging costs and road tax.

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Your financial checklist for studying abroad

Mon, 23 Jun 2025 23:00:00 +0000

The financial costs of studying overseas may seem daunting but it can be manageable with the right planning and a buffer for unexpected costs. In this week’s Money Talks, Dr Chan Khai Leok from education consultancy theRightU walks us through the key financial planning essentials - from funding options to major expenses.

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When to get the best exchange rates for foreign currencies

Mon, 16 Jun 2025 23:00:00 +0000

If the US dollar weakens against the Singdollar, should you buy it even if you’re not traveling to the US anytime soon? And what happens if the rate drops drastically? In this week’s Money Talks episode, Khoon Goh, head of Asia research for ANZ gives a run down the basics of currency exchange.

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Navigating the financial costs of cancer

Mon, 09 Jun 2025 23:00:00 +0000

Beyond the physical and emotional toll that comes with having cancer, the financial burden can be just as daunting. So what are the key costs to consider if you or your loved one are faced with cancer? Group director for clinical services at the Singapore Cancer Society Dr Dennis Chia is our guest.

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Protecting yourself from property disputes

Mon, 02 Jun 2025 23:00:00 +0000

Property disputes – especially among family members can lead to painful and costly legal battles. What can be done to avoid these conflicts before they escalate? Andrea Heng sits down with Lim Fung Peen, director and head of family and private wealth practice group at Yuen Law LLC

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Thinking of investing your CPF? Here’s what you need to know

Mon, 26 May 2025 23:00:00 +0000

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MT Explains: How Singapore’s S$NEER monetary policy can affect your coffee and holidays

Mon, 19 May 2025 23:00:00 +0000

S$NEER – the Singapore dollar nominal effective exchange rate - is a critical component of Singapore’s monetary policy. Jeff Ng, head of Asia macro strategy at Sumitomo Mitsui Banking Corporation, tells Andrea Heng how this affects the price of our daily coffee or our shopping sprees on holiday.

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Breaking down funeral costs in Singapore

Mon, 12 May 2025 23:00:00 +0000

Planning a funeral can be a deeply emotional experience - but it can also come with significant financial costs. Andrea Heng speaks with Ang Ziqian, vice-president of the Association of Funeral Directors Singapore and managing director of Ang Chin Moh Funeral Directors, on the costs and logistics of planning for a funeral.

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Trump’s tariffs sent European stocks tumbling. Is it time to invest?

Mon, 21 Apr 2025 23:00:00 +0000

The European stock market was outperforming the American markets in the first quarter of 2025. Then came US President Donald Trump’s “Liberation Day” and markets across Europe plunged. Should investors still look to Europe in the mid- and long-term? Yap Fook Hien, senior investment strategist, wealth solutions for Standard Chartered Bank breaks it down.

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How I Made It - Roshni Mahtani Cheung: From family bankruptcy to running a parenting empire

Mon, 14 Apr 2025 23:00:00 +0000

From growing up in a wealthy family to losing it all when she was just 15, group CEO and founder of The Parentinc, Roshni Mahtani Cheung, is our guest on this episode of How I Made It. She tells Andrea Heng how she built her business from scratch.

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Trump tariffs: Take time to adjust your investment portfolio

Wed, 09 Apr 2025 23:00:00 +0000

US President Donald Trump’s tariffs have sent shockwaves through global markets. But what does this mean for your investments? Eddy Loh, chief investment officer at Maybank Group Wealth Management tells Andrea Heng what you should consider having in your portfolio to weather through the falls.

This podcast was recorded on Apr 8, 2025.

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MT Explains: Risks you need to know about putting money into digital financial platforms

Mon, 24 Mar 2025 23:00:00 +0000

In early March, financial services firm Chocolate Finance announced it had suspended instant withdrawals, causing concern among customers. This raised questions about the safety of digital banks and investment platforms. Avishek Nandy from Bain & Company gives Andrea Heng a quick lay of the land in this week’s Money Talks Explains.

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MT Explains: What to know before refinancing your mortgage loan

Sun, 16 Mar 2025 23:00:00 +0000

Are you planning to refinance your mortgage loan but not sure if it’s the right time? In this episode of Money Talks Explains, Clive Chng, head of relations at Redbrick Mortgage Advisory, gives a breakdown of what homeowners should consider – from loan tenure to interest rates – before making the move.

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The overspending trap of Buy Now, Pay Later plans

Mon, 10 Mar 2025 23:00:00 +0000

From big-ticket items to daily expenses, the Buy Now, Pay Later (BNPL) scheme has gained traction among consumers for its convenience and flexibility. But do consumers fully understand the risks involved? Associate Professor Pearpilai Jutasompakorn from the Singapore Institute of Technology breaks down the pros and cons of the scheme with Andrea Heng in this week’s episode of Money Talks.

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Think travel insurance is unnecessary? Think again

Mon, 03 Mar 2025 23:00:00 +0000

When making travel plans, buying travel insurance is usually treated as an afterthought. In this episode of Money Talks, Cherie Wang co-founder of Planner Bee tells Andrea Heng why this shouldn’t be the case, and highlights what fine print to look out for to ensure you can travel with a peace of mind.

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Making the most out of Budget 2025

Mon, 24 Feb 2025 23:00:00 +0000

Budget 2025 was chockfull of goodies – from top-ups in CDC vouchers, increased support for workers looking to upskill themselves, and more incentives for Singaporeans to have larger families.

In this week’s Money Talks, Navin Sregantan, financial literacy specialist at DBS Bank tells Andrea Heng how we can make the most out of this year’s offerings.

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MT Explains: Do you really need an integrated shield plan rider?

Mon, 17 Feb 2025 23:00:00 +0000

Ever bought an insurance policy only to have your agent ask if you would like to add on a rider for extra cost? In this week’s Money Talks Explains, Samuel Low from Income Insurance tells Andrea Heng what to consider before adding an integrated shield plan (IP) rider to your insurance policy.

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What if you can’t save enough for retirement?

Mon, 10 Feb 2025 23:00:00 +0000

Financial analysts will tell you that you need at least S$600,000 in cash when you retire. But for most people with heavy financial needs, what’s a reasonable plan? Andrea Heng asks OCBC's group wealth management head, Tan Siew Lee.

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A guide to taking on loans in Singapore

Mon, 03 Feb 2025 23:00:00 +0000

From home renovation to purchasing a car and buying a house, what types of loans are available in Singapore and what should you look out for? Head of retail at GXS Bank Jenn Ong explains how to find the correct loan for your needs.

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MT Explains: Miles vs cash rebates on credit cards

Mon, 27 Jan 2025 23:00:00 +0000

When choosing a credit card, which reward system should you go for – miles or cash rebates? On the brand-new Money Talks Explains, where we break down your financial questions, Tim Philips from TimTalksMoney explains the pros and cons of each, the trade-offs and key factors to consider before choosing your next credit card.

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Possible Trump tariffs will make borrowing more costly

Mon, 20 Jan 2025 23:00:00 +0000

US President Donald Trump’s threats to impose tariffs could raise prices, but his pro-growth policies could work for your investments. Abel Lim, Head of Wealth Management Advisory and Strategy at UOB, shares his insights on this week’s Money Talks.

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The role of mediation when you have a dispute with a bank or insurer

Mon, 13 Jan 2025 23:00:00 +0000

Common disputes customers face with financial institutions include having their bank accounts frozen due to fraudulent transactions or not understanding why their insurance claims were rejected. So how can these issues be resolved?

Eunice Chua, CEO of the Financial Industry Disputes Resolution Centre (FIDReC) shares with Andrea Heng how mediation can help.

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How to take control of your finances in 2025

Mon, 06 Jan 2025 23:00:00 +0000

When it comes to financial resolutions, the common advice is to spend less and save more. But is it really that simple?

In this episode, author of personal finance blog SG Budget Babe Dawn Cher shares with Andrea Heng how to diversify income streams, overcoming inertia to start investing and reviewing financial portfolios.

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Best of: What to know about renting in Singapore

Mon, 30 Dec 2024 23:00:00 +0000

In the last installment of our top five episodes of the season, Andrea Heng finds out what potential renters need to know before taking the plunge and what red flags to look out for when reviewing their contracts. Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions with PropertyGuru Group gives his take.

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Best of: What is financial abuse and what are the signs

Mon, 23 Dec 2024 23:00:00 +0000

In one of our top five episodes of the season, Chong Yue-En, a lawyer and the managing director of Bethel Chambers LLC, breaks down the complex issue of financial abuse. What are the red flags and what kind of legal and non-legal action can be taken to mitigate the impact?

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Best of: How do you pick the best mortgage loan for your new home

Mon, 16 Dec 2024 23:00:00 +0000

In the third episode of the top five episodes of the Money Talks season, CEO of Mortgage Master, David Baey, shares his insights on how to navigate the costs of home ownership, amd getting the most out of your mortgage.

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Best of: The heavy costs of being a caregiver in Singapore

Mon, 09 Dec 2024 23:00:00 +0000

In the second of the top five episodes from our archives, Nabila Hanim shares with Andrea Heng about some of the hidden financial and non-financial costs that come with being the primary caregiver for her ailing grandmother.

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Best of: How I Made It - Property mogul Ismail Gafoor on making and spending money

Mon, 02 Dec 2024 23:00:00 +0000

In the first of the top five episodes from our archives this year, Andrea Heng sits down with PropNex CEO Ismail Gafoor.

He shares how his childhood shaped his attitude towards money, the number one financial rule he and his wife live by, and why it took years for him to finally enjoy spending money on himself.

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How to overcome time and resource constraints in learning new skills

Mon, 25 Nov 2024 23:00:00 +0000

Companies in Singapore are always encouraged to invest in training and upskilling of their staff. But with limited resources and time constraints, what sort of assistance can SMEs tap on to keep up with the competition?

Brian Stampe from Commonwealth Concepts and Xu Wenshan from SkillsFuture Singapore share their insights in this week’s Money Talks.

This episode is brought to you by SkillsFuture Singapore.

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When big businesses help smaller SMEs

Mon, 18 Nov 2024 23:00:00 +0000

For small and medium-sized enterprises, going against the big players can seem almost impossible. But what if the big players can help the SMEs to not only survive but thrive?

In this week’s Money Talks, Andrea Heng sits down with Yee Wee Tang, managing director of Grab Singapore, and Xu Wenshan from SkillsFuture Singapore to share about the SkillsFuture Queen Bee networks and how industry leaders can further support SMEs.

This episode is brought to you by SkillsFuture Singapore.

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How to avoid turning your dream home renovation into a financial nightmare

Mon, 11 Nov 2024 23:00:00 +0000

From budget constraints to moving timelines and working with contractors – renovating your home can be a mentally and financially draining process.

In this week’s Money Talks, Qanvast co-founder Daniel Lim shares tips on how to navigate the renovation journey without breaking the bank.

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The ins and outs of owning a property overseas

Mon, 04 Nov 2024 23:00:00 +0000

From the suburbs of Australia to the snowy resorts in Niseko, Singaporeans are venturing overseas in search of a second property. Whether it’s an investment or to be close to your child in university, the process comes with certain costs and trade-offs.

Clarice Lau, head of sales, residential (international project marketing) from Knight Frank Singapore gives Andrea Heng the lay of the land in this week’s Money Talks.

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A breakdown of the MediShield Life changes: How to save on medical costs

Mon, 28 Oct 2024 23:00:00 +0000

Claims limits for hospital stays and outpatient treatments will go up - but so will MediShield Life premiums. How can we maximise our MediSave, and what support is available for those who may not be able to afford the rising costs? Dr Cynthia Chen, Assistant Professor at the NUS Saw Swee Hock School of Public Health sits down with Andrea Heng on this week’s Money Talks.

This podcast was produced in partnership with the Ministry of Health.

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Healthcare costs are rising. What can we do about it?

Mon, 21 Oct 2024 23:00:00 +0000

Singapore may have one of the best healthcare systems in the world, but this comes at a heavy price. In this week’s Money Talks, Dr Jeremy Lim from NUS Saw Swee Hock School of Public Health explains how early detection of diseases may help lower your healthcare expenses in future.

This podcast was produced in partnership with the Ministry of Health.

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Can you get your money back when purchases fall short?

Mon, 14 Oct 2024 23:00:00 +0000

From defective home appliances to misleading product descriptions, it can be frustrating when your purchases fall short on quality. What rights do customers have when seeking compensation, and when is it all a futile exercise? Linus Ng, chairperson of the CASE Consumer Education Committee and partner at Donaldson & Burkinshaw, explains if you can get your money back from errant vendors.

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The heavy costs of being a caregiver in Singapore

Mon, 07 Oct 2024 23:00:00 +0000

Whether it is taking care of your parents, grandparents or a relative with needs, caregivers have been deemed the “invisible workforce”. What are some of the hidden financial and non-financial costs that come with the role? In this week’s Money Talks, Nabila Hanim shares with Andrea Heng how she manages being the primary caregiver for her ailing grandmother.

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‘Radical ideas’ needed to revitalise the Singapore stock market

Mon, 30 Sep 2024 23:00:00 +0000

Singapore’s stock market has been in the doldrums, struggling to attract and retain listings. For such a competitive economy, why is the stock market so lacklustre?

Yang Eu Jin, partner and co-head of RHTLaw Asia’s Corporate & Capital Markets Practice, tells us in this week’s Money Talks.

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How I Made It: Love, Bonito’s Rachel Lim on leaving university to build a fashion empire

Mon, 23 Sep 2024 23:00:00 +0000

In the second of a two-part series, Love, Bonito co-founder Rachel Lim tells Andrea Heng how her family’s early financial struggles shaped her financial values and why she would advise budding entrepreneurs not to quit their day jobs.

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The big US stock sell-off – what happens now?

Mon, 16 Sep 2024 23:00:00 +0000

After another record sell-off in the US stock market in early September, should investors start looking at Asian markets and sectors outside of AI?

Andrea Heng sits down with Garett Lim, head of partners, Asia at SIX Financial Information and they discuss how investors can reassess their investment strategies.

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How I Made It: Property mogul Ismail Gafoor on making and spending money

Mon, 09 Sep 2024 23:00:00 +0000

In this special two-part series, we sit down with Singapore’s money makers and ask them about their relationship with money.

PropNex CEO Ismail Gafoor shares how his childhood shaped his attitude towards money, the number one financial rule he and his wife live by, and why it took years for him to finally enjoy spending money on himself.

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The heavy costs of raising a special needs child

Mon, 02 Sep 2024 23:00:00 +0000

From tests to therapy, parents raising a child with special needs require additional resources and careful financial planning. How can they tap on available support?

In this week’s Money Talks, Frederic Maury, parent of a special needs child, shares his experiences and advice on how parents can effectively plan for their children’s future.

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What to consider before retiring overseas

Mon, 26 Aug 2024 23:00:00 +0000

Spending your golden years in a country with a slower pace of life or cooler climate may seem enticing, but it also requires careful financial planning. Joie Lim, Financial Services Director and private wealth consultant at Prudential, shares both financial and non-financial factors to consider.

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How to talk about money with your Gen Alpha kids

Thu, 22 Aug 2024 23:00:00 +0000

Studies show that Gen Alpha is set to become the generation with the greatest spending power in history. But how can parents help them cultivate the right financial habits? In this week’s Money Talks, financial coach and mother of two Gen Alpha sons, Michelle Howell, shares tips on how to teach your children about the value of money in an age of digital payments.

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Riding the global stock market rollercoaster

Tue, 13 Aug 2024 09:00:00 +0000

Global financial markets were in a spin recently when the Japan's main stock index suffered its worst day in 37 years and stocks on Wall Street faced their sharpest decline in nearly two years.

Eddy Loh, chief investment officer of Maybank Group Wealth Management, tells Andrea Heng what this means for economies and for investors.

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How your credit score makes a difference when applying for loans

Mon, 05 Aug 2024 23:00:00 +0000

Yes, all of us have a credit score and that number gives a snapshot of your financial health. How do you find your score and make sense of it?

In this episode of Money Talks, Wong Sok Quan from Credit Bureau Singapore gives a breakdown on how to read your credit score, and how it can affect your loan options and job opportunities.

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Legacy planning: Draw up wills and nominations to avoid ugly disputes later

Mon, 29 Jul 2024 23:00:00 +0000

Legacy planning affects everyone, and being open about it can prevent a great deal of pain in the long run. From being transparent about inheritance among family members, to clearing debts, Lionel Wong, associate director of finexis advisory, shares tips on how to conduct your legacy planning smoothly.

Editor's Note: This episode of Money Talks has been edited to remove an incorrect reference by our guest to CPF monies when there is no nomination. CPF funds are paid to the Public Trustee's Office for distribution to family members. We apologise for the error.

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What’s the difference between an angel investor and a venture capitalist?

Mon, 22 Jul 2024 23:00:00 +0000

There’s never a better time to be an entrepreneur because of the widely available funding today. But who should you pitch to and what do they expect? Co-founder of Fintech Nation and adviser to NUS Alumni Ventures Vanessa Ho, shares more.

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Can you ditch the 9-5 and be a business owner?

Mon, 15 Jul 2024 23:00:00 +0000

Turning a business idea into reality takes grit, determination – and money. In this week’s episode of Money Talks, Tipsy Collective co-founder David Gan talks about his entrepreneurial journey – from managing startup costs to cutting losses.

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Navigating personal bankruptcy in Singapore

Mon, 08 Jul 2024 23:00:00 +0000

Singapore saw its highest surge of personal bankruptcy applications in 2023. What does it mean to be declared bankrupt? What impact can it have on your career and your future? In this episode of Money Talks, we talk to Claudia Khoo, a lawyer at Shook Lin & Bok, to find out more.

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Invest 101: Do dividend stocks always give returns?

Mon, 01 Jul 2024 23:00:00 +0000

Is it always safe to invest in dividend stocks? In this episode of Money Talks, UOB’s Head of Wealth Management Advisory and Strategy, Abel Lim, shares his insights on how to identify the right ones, and the risks and rewards of adding them to your portfolio.

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How do you pick the best mortgage loan for your new home?

Mon, 24 Jun 2024 23:00:00 +0000

Buying a home is one of the biggest financial decisions of your life. But how do you make sure that you’re getting the most out of your mortgage? In this episode of Money Talks, CEO of Mortgage Master, David Baey, shares his insights on how to navigate the costs of home ownership.

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Are green investments profitable?

Mon, 17 Jun 2024 23:00:00 +0000

Investing in sustainable businesses is on every major fund portfolio. Where do you start when looking at green finance and what are the risks and rewards? In this episode of Money Talks, Professor Lawrence Loh from the NUS Business School is our guest.

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What kind of non-medical insurance do you really need?

Mon, 10 Jun 2024 23:00:00 +0000

Is it possible to insure yourself against climate change? Is personal cyber insurance a must, given that we have digital lives? In this week’s episode of Money Talks, Helen Shen, Singlife’s Group Head of Health, tells us what you need to know about supplementary insurance policies.

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Managing your finances as a freelancer

Mon, 03 Jun 2024 23:00:00 +0000

Being a freelancer may offer flexibility and freedom, but what about financial security? In this week’s Money Talks, CEO & Chief Investment Officer of MoneyOwl Chuin Ting Weber, shares tips on how freelancers can manage their money better for a financially secure future.

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How can risk-averse investors overcome their fears?

Mon, 27 May 2024 23:00:00 +0000

Fixed deposits and government bonds are top choices for Singapore investors. But there are many other opportunities to grow wealth outside these tried and tested vehicles. But to do this, investor education is critical says Jo-Ann Chia, Asia Fixed Income Senior Portfolio Manager at Nikko Asset Management.

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Preparing your finances for a career change

Mon, 20 May 2024 23:00:00 +0000

Making a career pivot may seem scary, regardless of your age or station in life. How should you plan and manage your finances before making the leap into a new career? In this week’s episode of Money Talks, Peter Tan from Unicorn Financial Solutions shares some tips on how to navigate the change without disrupting your finances.

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Invest 101: What you need to know about Asian markets

Mon, 13 May 2024 23:00:00 +0000

Across Asia, stock markets have seen diverse performances. From frontier markets that offer opportunities, to emerging ones that continue to entice investors and developed markets with steady growth, what should we know before dipping our toes in? Alex Wolf, Managing Director and Head of Investment Strategy for Asia at J.P. Morgan Private Bank gives us the lay of the land.

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What is financial abuse and what are the signs?

Mon, 06 May 2024 23:00:00 +0000

Financial abuse of vulnerable adults has been on the rise in Singapore. What are the red flags and what kind of legal and non-legal action can be taken to mitigate the impact? In this episode of Money Talks, Chong Yue-En, a lawyer and the Managing Director of Bethel Chambers LLC, gives us a breakdown of this complex issue.

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How companies can maximise government grants and subsidies

Mon, 29 Apr 2024 23:00:00 +0000

Just as there are generous grants for workers to learn new skills, businesses too have a range of resources to tap on. Lee Hsin Chong, managing director of BNL, explains how he uses subsidies and grants to help his company and the staff improve.

This episode was done in collaboration with the Ministry of Finance, in support of Budget 2024.

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How to make the best use of your SkillsFuture Credit

Mon, 22 Apr 2024 23:00:00 +0000

The government recently announced a S$4000 SkillsFuture Credit top-up for Singaporeans aged 40 and above. While this is good news for those keen on upskilling themselves, others may not know where to start. Peggy Lim, director of the Public Engagement Division at SkillsFuture Singapore, guides the way on this week’s Money Talks.

This episode was done in collaboration with the Ministry of Finance, in support of Budget 2024.

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What to know about renting in Singapore

Mon, 15 Apr 2024 23:00:00 +0000

The housing rental market in Singapore has gone through significant changes over the past few years. How should potential renters prepare themselves before taking the plunge? What red flags should they look out for in their contracts?

In this episode of Money Talks, Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions with PropertyGuru Group gives his take.

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Invest 101: What you need to know about investing in private markets

Mon, 25 Mar 2024 23:00:00 +0000

Access to private markets may be expanding, but they remain opaque to the regular investor. In this episode of the Money Talks podcast, co-founder and CEO of investment platform StashAway, Michele Ferrario, takes us through the differences between public and private markets, and how access to private markets still has its limits.

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Why investors need to know how to read financial statements

Mon, 18 Mar 2024 23:00:00 +0000

One tool that every shareholder or investor should have in their arsenal is the ability to read and assess a company’s financial statements. But not everyone is equipped to cut through the jargon. David Gerald, founder, president and CEO of Securities Investors Association (Singapore) shows Andrea Heng what to look out for.

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Should investors still put their money in the Chinese market?

Mon, 11 Mar 2024 23:00:00 +0000

Following its peak in 2021, China has seen an epic US$7 trillion stock crash. Are we seeing a bottom nearing? What benefits can be reaped from buying cheaper Chinese stocks? Andrea Heng speaks to John Lin, Chief Investment Officer of China Equities at AllianceBernstein.

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Time to put money into the 'Magnificent 7' tech stocks?

Mon, 04 Mar 2024 23:00:00 +0000

You might have heard of the 'Magnificent 7' - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. But how did they become the darlings of the tech stock market and why are they so attractive to investors? Jonathan Woo, senior equity research analyst with PhillipCapital gives us the lowdown.

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CPF Special Account closure: How it will affect you

Mon, 26 Feb 2024 23:00:00 +0000

The latest changes to the CPF scheme announced in Budget 2024 raised concerns about the potential impact on retirement planning – specifically, the closure of the CPF Special Account. How will these changes affect your nest egg? We speak to Alvin Chow, CEO of financial education platform Dr Wealth.

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How to financially survive a retrenchment

Mon, 19 Feb 2024 22:49:50 +0000

The shock of losing a job without any warning is usually followed by anxiety over the loss of regular income. What are your options if you are retrenched and how do you stretch your savings while waiting for the next job?

Sim Yong Han, senior financial consultant of Trust Advisors Group at SG Alliance, provides some practical tips.

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Choosing the best bank for you

Mon, 12 Feb 2024 23:00:00 +0000

Picking the right bank isn’t as straightforward these days. Beyond finding a reputable name to park your savings in, banks are also aggressively wooing customers with investment products, higher interest rates and customised financial planning. Prashant Aggarwal, CEO of the MoneyHero Group, guides Andrea Heng on how to choose the right bank for your needs.

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Invest 101: Are safe haven assets really safe?

Mon, 05 Feb 2024 23:00:00 +0000

Gold and other precious metals, certain currencies and some defensive stocks are often considered safe haven assets. But are they really zero risk? Vasu Menon, managing director of investment strategy at OCBC, explains why these assets are a popular choice during an economic downturn.

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Invest 101: Your essential guide to ETFs

Mon, 29 Jan 2024 23:00:00 +0000

The US securities regulator recently approved the first US-listed exchange traded funds (ETFs) to track bitcoin, putting ETFs in the spotlight with first-time investors. What are ETFs and what do you need to know before investing in these funds? Andrea Heng finds out more from Yeap Jun Rong, market analyst at IG.

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Invest 101: The ABCs of REITs

Thu, 25 Jan 2024 23:00:00 +0000

2023 was a challenging year for real estate investment trusts or REITs with rising interest rates. But how exactly do they work, and should every investor include REITs in their portfolio? Executive chairman of GCP Global Gabriel Yap gives Andrea Heng a crash course on this episode.

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Getting rid of toxic financial habits

Mon, 15 Jan 2024 23:00:00 +0000

Some people develop bad spending habits due to stress, while others learn them in childhood. How do we recognise these behaviours and more importantly, how do we get rid of them? Benny Ong of investment advisory community I Quadrant shares his experience.

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How do fluctuating interest rates affect our personal finances?

Mon, 08 Jan 2024 23:00:00 +0000

The US Federal Reserve hiked interest rates four times in 2023 and at least three cuts are expected this year. How do fluctuating interest rates affect our expenses and investments? Eddy Loh, Chief Investment Officer of Maybank Group Wealth Management gives an overview of 2024.

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Best of: How to shop smarter to manage higher grocery bills

Mon, 18 Dec 2023 23:00:00 +0000

In the last instalment of our top three episodes from our archives, Dawn Cher, author of personal finance blog SGBudgetBabe shares her top tips on how to combat rising food prices.

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Best of: Own or lease a car in Singapore?

Mon, 11 Dec 2023 23:00:00 +0000

In the second of three top episodes from our archives this year, Julian Kho, general manager of Sgcarmart weighs the pros and cons of having a car in Singapore. With car prices at an all-time high, thanks to record-breaking Certificate of Entitlement (COE) fees, would it make more financial sense to lease a car instead of owning one?

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Best of: Should I get a BTO or a resale flat?

Mon, 04 Dec 2023 23:00:00 +0000

In the first of top three episodes from our archives this year, Andrea Heng asks property agent Jooann Tay what prospective homebuyers should do. Get a new Build-To-Order (BTO) flat that can take more than four years to build? Or buy a resale flat that might cost significantly more?

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Am I Adulting Right: How to travel on a budget

Mon, 27 Nov 2023 23:00:00 +0000

Need a break but don’t want to splurge too much on an overseas holiday? You can travel affordably if you are willing to take these extra steps, says finance blogger Eugene Chai. He shares with host Elizabeth Neo his best hacks on how to score cheaper air tickets, accommodation and sightseeing deals. Am I Adulting Right is a limited series on the Money Talks podcast.

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How to invest your first S$100,000

Mon, 20 Nov 2023 23:00:00 +0000

Dexter Tiah was only two years into his first job when he accumulated enough to start his first S$100,000 investment portfolio. The investor and author of the personal finance book Laughs, Losses and Lessons, shares with Andrea Heng how he achieved this.

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How much should you be spending on your health and wellness?

Mon, 13 Nov 2023 23:00:00 +0000

Yoga, pilates, massages and facials – these are some of the offerings in a growing health and wellness industry in Singapore, all in the pursuit of staying healthy. But how much is too much for this portion of our expenditure? And what are the must-haves in your wellness budget? Kenneth Lou and Dr Ryan Ware from Mito Health break down their spending in this episode.

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Ways to reduce your personal income tax

Mon, 06 Nov 2023 23:00:00 +0000

Tax season isn’t in a few months but with year-end bonuses coming, it’s time to plan how to maximise tax reliefs and deductions. What are the easiest and best-known ways to reduce personal income tax? Josh Tan, financial adviser and host of YouTube channel The Astute Parent, guides Andrea Heng on this episode.

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Stretching and saving income for singles

Mon, 30 Oct 2023 23:00:00 +0000

If you are single, it could mean you have more time for self-discovery and self-care. But chances are, you are also paying all the bills, with no one to share the financial load with.

Andrea Heng gets tips and advice from siblings Sara and Aaron Wee, otherwise known as the Weeblings, on creative ways to budget, save and invest better when you’re flying solo.

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Can you afford to take a career break?

Mon, 23 Oct 2023 23:15:41 +0000

It can be very tempting for some of us to quit work so we can rest, study or just spend more time with the family. What financial calculations do you need to make so you don't end up struggling? Andrea Heng speaks to Andy Soh, who does sales for SMEG Singapore and took a career break for two years.

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Breaking down the cost of getting a divorce

Mon, 16 Oct 2023 23:00:00 +0000

While getting a divorce is not something many people plan for when they walk down the aisle, navigating the financial costs when it’s time to split can be difficult. What financial decisions should a couple agree on when they’ve reached the end of their marriage journey? Ivan Cheong, a family law specialist and equity partner with Withers Worldwide, gives his advice on this episode.

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Moving abroad for work: Counting the cost with The Woke Salaryman

Tue, 10 Oct 2023 03:43:10 +0000

Thinking or planning to take up a job overseas? Before jumping into that jet-setter life that awaits you, what expenses should you set aside your money for? He Ruiming and Goh Wei Choon of The Woke Salaryman give host Andrea Heng a clear-eyed breakdown of what you need to consider.

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Am I Adulting Right: What are some red flags when navigating finances as a couple?

Mon, 02 Oct 2023 23:00:00 +0000

Money can be a delicate topic for some couples. But such conversations are important when planning for a future together. What are some red flags you should look out for in your relationship? Hans and Shu Goh, husband-and-wife team behind Homesmart Singapore, share with host Elizabeth Neo about their financial journey. “Am I Adulting Right?” is a limited series on the Money Talks podcast.

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Am I Adulting Right: Forget the 5Cs, millennials and Gen Zs set different financial goals

Mon, 25 Sep 2023 23:00:00 +0000

The 5Cs – cash, car, credit card, condominium and country club - have been touted as the classic Singaporean Dream. But for Singapore’s millennials and Gen Zs what are the new metrics of success and are their financial goals any different? Host Elizabeth Neo gets the answers from Bryan Choo, CEO of TheSmartLocal Media Group. “Am I Adulting Right?” is a limited series on the Money Talks podcast.

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How much should you set aside for IVF?

Mon, 18 Sep 2023 22:30:00 +0000

If a couple has to turn to assisted reproductive methods such as in-vitro fertilisation (IVF), cost becomes a major factor. Tim Kwan, managing director of fertility clinic Virtus Health Singapore, explains the numbers on Money Talks.

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Is owning a second property in Singapore worth the cost?

Mon, 11 Sep 2023 23:34:15 +0000

Owning a second private property is an aspiration for many – as retirement income and investment. But with the new additional buyers’ stamp duty announced earlier this year, is two always better than one? What are some considerations before taking the plunge? Hear more from Clive Chng, associate director at Redbrick Mortgage Advisory, on the Money Talks podcast.

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What stocks should I buy during a recession?

Mon, 04 Sep 2023 23:00:00 +0000

The big “R” word: Recession. It’s been uttered so many times this year, striking fear in the most seasoned economist. With many signs pointing to a looming recession, is it time to add some resilience to your portfolio? Are there “recession proof” stocks that are worth investing in? On Money Talks, Alvin Chow, CEO and founder of Dr Wealth, charts a path through these uncertain times.

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Are T-bills and Singapore Savings Bonds worth investing in anymore?

Mon, 28 Aug 2023 22:55:31 +0000

Singapore’s Treasury Bills (T-bills) and Savings Bonds (SSBs) created a buzz with retail investors when yields hit record highs in end 2022. But since then, the returns have fallen, prompting many to ask if these government securities are still worth investing. On this episode of Money Talks, CEO and founder of Beansprout, Gerald Wong explains why yields have dropped despite the US Federal Reserve rate hikes.

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Making the switch on your electricity provider

Mon, 21 Aug 2023 23:00:00 +0000

Ever since the Open Electricity Market (OEM) launched in end 2018, residents in Singapore could choose their preferred OEM retailers and select a price plan that best serves their household needs. But with the sudden exit of several players, is it still best to switch to an electricity retailer or stay with the incumbent provider SP Group? Joel Koh, content manager at Seedly, breaks it down for Andrea Heng on the Money Talks podcast.

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Maximising your CPF: Tips for your 40s

Sun, 13 Aug 2023 23:00:00 +0000

Growing kids, establishing your career and ageing parents. Juggling your forties with an eye on retirement is no easy walk in the park. How do you use your CPF to plan for a tidy nest egg? Christopher Tan, CEO of Providend, shares his insights and experience on Money Talks.

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Maximising your CPF: Strategies for your 20s and 30s

Mon, 07 Aug 2023 22:59:26 +0000

Investing your CPF money when you are in your 20s or 30s - that’s something not many of us think about when we’re younger. But can young people afford to be more aggressive with their CPF investment strategy? Lawrence Tan from the Institute for Financial Literacy gives us his top hacks on Money Talks.

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Should you terminate your investment-linked insurance policy (ILP)?

Mon, 31 Jul 2023 23:26:55 +0000

With a wide range of insurance policies and investment opportunities available in today’s market, should you be looking to buy or even keep your existing investment-linked insurance policy (ILP)? Colin Lai, client advisory lead at MoneyOwl weighs the returns and risks, and tells Andrea Heng what to look out for if you decide to terminate your policy.

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Am I Adulting Right: Can I get rich being a content creator?

Mon, 03 Jul 2023 23:00:00 +0000

Fast cars, glamorous homes, luxurious holidays - some content creators appear to lead a lavish lifestyle that others can only dream of. How much can you really make as a content creator and how do you stand out? Host Elizabeth Neo gets some answers from husband-and-wife duo Jianhao Tan, CEO of Titan Digital Media and Singapore’s top YouTuber, and Debbie Soon, entrepreneur and influencer. “Am I Adulting Right?” is a limited series on the Money Talks podcast.

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Am I Adulting Right: How much is too much to spend on your pet?

Mon, 26 Jun 2023 23:00:00 +0000

Exotic treats, luxury fashion collars, birthday parties, trust funds … Some pet owners go to great lengths to provide the best for their furkids. But is there such a thing as spending too much on your pet? What are the necessities and what can you save on? Elizabeth Neo returns with her limited series Am I Adulting Right and gets answers from Daniel Boey, fashion director and dog owner.

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Is there a right credit card for you?

Mon, 19 Jun 2023 23:11:17 +0000

The range of credit cards available to Singapore spenders can be mind-boggling. From cash back, air miles, lady’s card to dining rewards, there’s a card that caters to every need. How do you select the right credit card, and is it practical to not own one at all? Abel Lee, general manager of MoneySmart Group speaks to Andrea Heng.

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Is a strong Singdollar always good news?

Mon, 12 Jun 2023 22:56:51 +0000

The Singdollar soared to a record high of S$1 to RM3.44 on Jun 8 – making shopping and eating trips across the Causeway very attractive. But is a strong Singdollar always better for the average consumer? What about investing? Enya Rodrigues, research analyst at ValueChampion, breaks it down.

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Going solo: Can you DIY your way to financial success?

Mon, 05 Jun 2023 23:00:00 +0000

Gone are the days where the only way to trade stocks is through a physical broker. With a plethora of financial tools and readily available information, more people are choosing to manage investment portfolios on their own. But is this for everyone? Tim Phillips, Head of Content & Investment Lead at ProsperUs, CGS-CIMB Securities, explains what it takes to go solo.

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Does a financial planner really help you grow your money?

Mon, 29 May 2023 23:00:00 +0000

Finding a good financial planner who understands your needs and goals can be a challenge – and breaking up with one may be even tougher. Luke Yap, financial planner with Great Eastern, talks about penalties and potential risks, and how your relationship with a financial planner boils down to trust and communication.

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Alternative Investments: When wine is not just for drinking but for investing

Mon, 22 May 2023 23:00:00 +0000

How do you tell if that delectable Bordeaux wine with a dark fruity note is more than just a conversation piece and could make you some real cash? Andrea Heng gets Nico Monroy, Southeast Asia director at Cult Wines, to pop the cork on what makes a fine wine investment worthy.

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Alternative Investments: Can luxury watches make you wealthy?

Sun, 14 May 2023 23:00:00 +0000

A childhood interest introduced by their father turned into a business when Jarod and Joses Ng saw how profitable flipping luxury watches can be. But does buying a brand name watch always guarantee a return? The directors of Watch Capital tell Andrea Heng the highs and lows of investing in luxury watches.

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This or That: Packages or per-pay-visit for beauty and wellness services?

Mon, 08 May 2023 23:00:00 +0000

Visit any beauty, fitness or wellness service and it’s likely that a package deal will be offered to you. While a package may be more cost-effective on a per-session basis, is it always a better deal than paying for a single session? Seow Kai Lun, managing editor at The Simple Sum, breaks it down for Andrea Heng on the limited series This or That.

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This or That: Stock picking or index fund?

Mon, 01 May 2023 22:50:00 +0000

In today’s volatile stock market coupled with an uncertain economic outlook, should investors be looking at picking specific stocks or buying index funds? Adam Wong, editor-in-chief at personal finance and investment website The Fifth Person, weighs the options for Andrea Heng on the limited series This or That.

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This or That: BTO or resale flat?

Mon, 24 Apr 2023 23:05:34 +0000

A new Build-To-Order (BTO) flat can take more than four years to build. A resale flat in the same vicinity will likely cost you significantly more. So what should a prospective home buyer to do? Andrea Heng gets property agent Jooann Tay to weigh the options on the limited series This or That.

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This or That: Own or lease a car in Singapore?

Mon, 17 Apr 2023 23:00:00 +0000

Season 2 of Money Talks kicks off with a limited series called “This or That”, where guests weigh the pros and cons of each option. With car prices at an all-time high, thanks to record-breaking Certificate of Entitlement (COE) fees, would it make more financial sense to lease a car instead of owning one? Andrea Heng puts the question to Julian Kho, general manager of Sgcarmart.

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Am I Adulting Right – Should I break the bank on my once-in-a-lifetime wedding?

Mon, 27 Mar 2023 23:00:00 +0000

From a bride who insisted on renting a S$15,000 wedding dress, to grooms screaming at vendors on their wedding day, wedding planner Hellen Lie from Rosette Designs and Co has seen it all. She gives guest host Elizabeth Neo tips on saving costs and tells us what wedding couples really shouldn’t scrimp on. Am I Adulting Right is a limited series.

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Am I Adulting Right – How should I manage my first paycheck?

Mon, 20 Mar 2023 23:00:00 +0000

Getting that first paycheck as a young adult can be exciting – and daunting. How do you balance spending and living for today, while also saving and investing for your future needs? Guest host Elizabeth Neo gets answers from Gregory Van, CEO of Endowus and 29-year-old Rita Goh. Am I Adulting Right is a limited series.

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Is it time to ditch cash for multi-currency apps when travelling?

Mon, 13 Mar 2023 23:00:00 +0000

Gone are the days when you need to use up your leftover foreign currency at the airport or carry wads of cash during an overseas trip. Dinesh Dayani, co-founder of Dollars and Sense, analyses the pros and cons of multi-currency apps.

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Are NFTs worth anything beyond speculation and hype?

Mon, 06 Mar 2023 23:00:00 +0000

The first tweet created. A picture of a bored ape. An animated kitten. Virtually anything digital can be converted and sold as an NFT or non-fungible token. But is there value to owning a digital certificate of an item that can be easily duplicated? Saniya Ramchandani, Blockchain Insights Lead for Momentum Works, breaks it down.

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Why the ultra-rich set up family offices in Singapore

Mon, 27 Feb 2023 23:08:11 +0000

Singapore has become a magnet for ultra-high-net-worth individuals, thanks to its image as a safe and modern financial hub. Adding to the wealth mix are family offices, which oversee all aspects of a family’s wealth, often to the tune of S$100M or more. Bryan Henning, Senior Vice President of Eton Solutions, shares a glimpse into this rarefied world.

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Are rental properties still a worthwhile investment asset in 2023?

Mon, 20 Feb 2023 23:00:00 +0000

With property prices and home loan rates at all-time highs, is it still worth owning a property for rental income in Singapore? Ryan Ong, partner at real estate consultancy Stacked Homes, gives advice on choosing an investment property, including why being close to an MRT station doesn’t always guarantee the best rental yield.

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Why the ABCs of financial literacy for children is critical

Mon, 13 Feb 2023 23:00:42 +0000

How an adult manages his finances has a lot to do with the money lessons he learnt as a child. This week, Ruperto Ancajas, portfolio specialist at Foord Asset Management, gives his top tips on how to teach children to save, spend and yes – even invest.

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How to shop smarter to manage higher grocery bills

Mon, 06 Feb 2023 23:20:19 +0000

Are the rising prices of eggs, meats and fruits putting a strain on your wallet? Food prices in Singapore rose 7.5% year-on-year in December 2022, the fastest increase since 2008. What can you do to combat high food prices? Dawn Cher, author of personal finance blog SGBudgetBabe, shares her top tips.

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As China reopens for business, is it time to invest in China stocks?

Mon, 30 Jan 2023 23:00:00 +0000

With China rapidly reopening its economy after three years of strict COVID-19 controls, investors are hopeful that this will be a bright spot for 2023. John Lin, Chief Investment Officer of China Equities at Alliance Bernstein, outlines the risks, opportunities and policies to watch out for.

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Using robo-advisers? Do not be trigger happy

Mon, 23 Jan 2023 23:28:05 +0000

With low service fees and easy to use apps, robo-advisers have gained popularity in recent years especially with younger investors. But the ease of use could become an issue if you are prone to over-checking and panic selling. Ferris Wee, Master Trainer at the Institute for Financial Literacy, shares tips on optimising usage on a digital investing platform.

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Why women don’t invest as much as men do

Mon, 16 Jan 2023 23:40:10 +0000

There’s nothing to suggest that women aren’t good at investing, but data shows that they are not as involved in growing their personal wealth as men are. Oi-Yee Choo, CEO of private market investment platform ADDX, shares her views on how women can take better control of their own finances.

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2023 outlook: More pain ahead, but bargain hunters rejoice

Mon, 09 Jan 2023 22:44:01 +0000

2022 was volatile and with market recovery only expected towards the end of 2023, are there still investment opportunities to be had? Christopher Ng, trainer at financial education company Dr Wealth, discusses investment strategies and money lessons for the year ahead.

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GST hike: How to manage your money better

Mon, 28 Nov 2022 23:00:00 +0000

The Goods and Services Tax (GST) is set to rise from 7 per cent to 8 per cent in January 2023. Household budgets are expected to tighten and spending habits will need to be adjusted. Sumit Agarwal, Professor of finance, economics and real estate at NUS Business School, explains why the GST hike is unavoidable, and what you can do to manage it.

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A financial storm is gathering pace: How can you be prepared?

Tue, 22 Nov 2022 04:15:02 +0000

According to the latest OCBC Financial Wellness Index, Singaporeans were worst off in 2022 than 2021 and more have picked up bad habits, like rolling over credit card debt and spending beyond their means. Vasu Menon, executive director of investment strategy at OCBC Bank, shares tips on how you can achieve better financial wellness.

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What’s mine is yours … or not? Managing money as a couple | EP 19

Mon, 14 Nov 2022 23:00:00 +0000

Should couples have joint or separate bank accounts? Tan Siew Lee, Head of Wealth Management Singapore at OCBC Bank, says while it’s important to agree on common financial expenditure and align expectations, couples should also have financial independence. She offers advice on this episode of Money Talks.

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Are you paying for things you don’t use or need? | EP 18

Mon, 07 Nov 2022 23:39:31 +0000

The answer to this question can only be found if you have a personal budget and take it seriously. Podcaster and finance blogger Junus Eu breaks down how budgeting helps you understand your relationship with money and achieve your financial goals.

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Legacy planning is not just for the rich | EP 17

Mon, 31 Oct 2022 22:52:52 +0000

Thinking of what happens when you die and making active plans to manage your assets may seem morbid, but legacy planning is important for everyone with dependents. John Yeo, Lead for Client Advisory, MoneyOwl discusses the need for wills and other aspects of legacy planning.

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Is starting an online business as simple as taking good pictures? | EP 16

Mon, 24 Oct 2022 23:08:49 +0000

Phoe Chuan An and Tan Sher Yun started their online business out of a bedroom when they were still undergraduates. Today, Style Degree is known for selling home organisational goods and boasts a healthy social media following. But is starting an online business as easy as it looks?

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How to deal with rising home loan interest rates | EP 15

Mon, 17 Oct 2022 23:05:35 +0000

In a climate of rising home loan rates, it’s tempting to go for the lowest or cheapest package. What else should you be looking out for before signing or refinancing your mortgage loan? Paul Wee, Vice President of PropertyGuru Finance at PropertyGuru Group shares his insights.

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When does debt become bad for you? | EP 14

Mon, 10 Oct 2022 23:33:28 +0000

In Singapore, it’s common to take on some form of debt – be it education or mortgage loans, credit card bills or instalment payments. So when does debt become bad? There are some red flags, explains Tan Huey Min, General Manager of Credit Counselling Singapore on this episode of the Money Talks podcast.

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Should you sign up with a digital bank that has no physical branches? | EP 13

Mon, 03 Oct 2022 23:00:00 +0000

A two-hour wait at a physical bank branch was enough to put off Ho Hean Chan from future visits. With the emergence of digital retail banks in Singapore promising seamless interactions, the Banking and Capital Markets Assurance Leader at PwC Singapore says the battle between digital and traditional retail banks will come down to who offers a better customer experience.

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How a stressed-out sandwiched generation can manage its money better | EP 12

Mon, 26 Sep 2022 23:00:00 +0000

With elderly parents and two young children to care for, Mabel Tan knows all too well the strain of having to juggle her finances and save for retirement. The financial services director at Great Eastern talks about how to prioritise and why open communication is key.

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Why investing is like learning to ride a bicycle | EP 11

Mon, 19 Sep 2022 22:38:35 +0000

Just getting started on your investment journey? Start with less risky Exchange-Traded Funds (ETFs) before taking the plunge in the stock market, says co-founder of the Smart Investor David Kuo. He talks ETFs, robo-advisors and explains why you should trust but verify all information before investing.

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Post-COVID travel: Tips, tricks and how to snag deals | EP 10

Mon, 12 Sep 2022 23:00:00 +0000

With borders reopened, post-pandemic travel has been marred by skyrocketing airfares, flight cancellations and lost luggage. Aaron Wong, Founder of travel website MileLion, shares travel tips and hacks to scoring good deals and why travel insurance is non-negotiable.

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Investing in Singapore stocks: A haven in uncertain times? | EP 9

Mon, 05 Sep 2022 23:51:54 +0000

A strong Singapore currency, good stock dividends and low-risk government-backed bonds are just some of the reasons that make Singapore securities an attractive investment. Alfred Chia, CEO of SingCapital, explains why Singapore securities should be part of any investor’s portfolio.

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What does it take to retire early in Singapore? | EP 8

Mon, 29 Aug 2022 23:00:00 +0000

What investments do you need to make in order to retire in your 50s in Singapore? Sarah Al-Khaldi sits down with veteran finance journalist Goh Eng Yeow who stopped work full-time when he was 56. He talks about his journey and how he did it.

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Why medical insurance is the most important type of insurance you need | EP 7

Mon, 22 Aug 2022 23:00:00 +0000

Most of us in Singapore are already covered by MediShield Life in case of health emergencies. So do we really need additional medical insurance? It is the first thing you need to buy, says Christopher Tan, CEO of Providend.

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Many of us pay too much: Insurance basics you need to know | EP 6

Tue, 16 Aug 2022 00:00:00 +0000

Everyone has insurance - often on the advice of well-meaning friends or insurance agents. But are we paying too much for too little coverage? What's the difference between whole life and term and should you start paying insurance for your children? Christopher Tan, CEO of Providend gives a clear run-down of dos and don'ts.

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Is having and raising children too expensive in Singapore? | EP 5

Mon, 08 Aug 2022 23:00:00 +0000

By some estimates – and depending on who you ask – the cost of raising a child in Singapore can be as high as half a million Singapore dollars for one child. How do we balance needs and wants and can we ever be financially ready? Sarah Al-Khaldi gets some answers from Sam Lai, founder of LifeWork Coaching and a mother of four.

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Love it or loathe it: How to make the CPF work for you | EP 4

Mon, 01 Aug 2022 23:00:00 +0000

Singapore residents working here contribute to the Central Provident Fund (CPF). Some think it keeps their hard-earned money locked up but it can also be a tool for investment and a big plank for retirement. Editor-in-chief of The Fifth Person Adam Wong takes Sarah Al-Khaldi through the nuts and bolts of the CPF.

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BTO or No: Busting your budget on that first home | EP 3

Mon, 25 Jul 2022 23:06:13 +0000

Propnex CEO Ismail Gafoor gives his views on why he thinks resale is better than BTO flats, why saving for a dream home is not a good idea and what all his wealth has taught him about money and happiness.

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He plans to retire at 35 with US$1 million in his portfolio | EP 2

Mon, 18 Jul 2022 23:30:00 +0000

Financial analyst Christopher Chong who runs the Honey Money SG YouTube channel is 31 years old and on FIRE (Financial Independence Retire Early). Sarah Al-Khaldi finds out how much he saves, why he maxes out his CPF contributions and why all of it is a daily sacrifice. Reach us at: cnapodcasts@mediacorp.com.sg

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Even if you have only S$100 extra, put it to work | EP 1

Tue, 12 Jul 2022 00:00:00 +0000

Co-founder of The Smart Investor David Kuo opens our brand-new personal finance podcast, and he drops a few golden rules about how to kick off your journey towards financial freedom, what to do with your salary or bonus (hint: not a fancy holiday), why a bear market is good news and what he discovered after years of investing.

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