Marriage & Family

Financial Checklist For Expectant Parents

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The late Janet Reno once said: “I have learned that raising children is the single most difficult thing in the world to do. It takes hard work, love, luck, and a lot of energy. It is the most rewarding experience that you can ever have.” Creating and nurturing a baby in Singapore is no walk in the park! Encountering sleepless nights, medical scares, and embarrassing moments are unavoidable. One is never completely prepared for what is about to come. However,

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Marriage & Family

How Married Couples Can Deal With Huge Salary Gaps

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Whether you want to admit it or not, income plays an integral part in the society’s perception of your worth and success. Fusing the the topic of finances to relationships makes things more complicated. To some degree, your paycheck determines your role in a romantic relationship. An imbalance is created when your spouse earns more than you or the other way around. It is believed that the person who has a higher salary has increased options and financial freedom. Nonetheless,

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Marriage & Family

4 Times Your Parents Were Right About Money

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Like most parents, mine were fond of imparting nuggets of wisdom to us. Whether we like it or not, we have to listen to the Hallmark-worthy quotes for every occasion. Be honest! How many times did you roll your eyes on your mother or father as they scold you in front of your friends? Well, it turns out that some of their financial lessons are beneficial. You can either learn from their successful stories or their wrongful moves. With that

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Marriage & Family

Is Childcare Only For Rich Singaporeans?

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As an early childhood teacher from an internationally acclaimed school, I am exposed to the childcare industry. My mere exposure made me wonder why childcare is so expensive! For starters, the issue made the headlines last year due to the huge price gap between the different childcare services across Singapore. The average price was S$1,004 and the median was S$856. This means that there are centers that charge more than S$2,000. It is ridiculous how this amount is near to

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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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