Marriage & Family

Financial Sacrifices Are Crucial To Send Your Child To A University

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HSBC, one of the world’s largest financial institution, conducts its yearly survey series entitled “The Value of Education”. This yearly report examines the parent’ expectations and aspirations for their children’s education. In 2015, it highlighted that a whopping 90% of Singaporean parents saw undergraduate studies as an essential tool for their children’s success. The interesting part was that majority of these parents (about 83%) were willing to pay more to send their children overseas. The only downside was that some

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Marriage & Family

Is It Alright For Parents To Financially Support One Child?

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Parents who support their children are less apparent in the Western setting where independence is practiced. In Singapore, it is more acceptable as we live within a predominately Asian culture. Financial favoritism is an issue that strikes a chord in my heart as I have witnessed it happen numerous times in my family. Some of my distant relatives have relied immensely on their parents’ support throughout their lifetime. In most of these cases, there was one sibling (i.e., “the financial

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Marriage & Family

How To Decorate Your Home On A Tight Budget

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Minor decorating projects can freshen up your nest without breaking the bank. Try one or two of these Do-It-Yourself ideas for an instant upgrade! AN EYE-CATCHING NAPKIN Are you tired of your dull satin napkins? Well, you can liven up your dining table by adding ombre linens. Ombre is a display of similar tones. Start by gathering your plain white linens and by soaking them in water. Brush the fabric paint from the bottom. Put water as you move up

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Marriage & Family

Top Children’s Financial Books Under S$30

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These four books feature the topic of money without making your child feel overwhelmed. The important lessons come subtly as they are sprinkled with sensible humor, lovable characters, and colorful adventures. A CHAIR FOR MY MOTHER Buy it at Kinokuniya for S$14.37. Recipient of Caldecott Honor, “A Chair For My Mother” is an inspiring tale written by Vera Williams. The story revolves around a family who lost everything due to a horrible fire incident. Rosa and her family worked hard

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Marriage & Family

Useful Tips On Raising Financially Savvy Kids

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According to Investopedia, financial literacy is the “ability to use knowledge and skills to make effective and informed money management decisions”. It is an area that is often skipped in the formative educational system. As parents, it is your job to fill in the gaps. Educating your kids to make wise money decisions earlier on will affect their finances in the long run. Consider taking these financial steps: CONVEY THE VALUE OF MONEY Encourage your children to absorb the value

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