Here’s how to manage the parenting load with your spouse

an Asian family with young children

Marriage in itself is already a big challenge for many people out there.

Add on a child or two, or more, and your entire paradigm will shift. While some marriages change for the better with a new addition to the family, most couples find themselves with more arguments and disagreements to manage.

The parenting load can be overwhelming if the balance is off. Teamwork is what you need in this child care journey, and we’re here to let you in on some tips on managing the parenting load with your spouse.

#1: Think of it as a business

For those who’ve married over passionate love, shifting your mindset to the family as a business can be the least romantic thing to do. But that’s precisely what you should do to survive the parenting voyage. You see, in a typical setting, business partners don’t always share the same workload.

One might be handling the media and investors while the other gets his hand dirty in the daily operations. As Gary Neuman, a psychotherapist, rightly points out, “No marriage can be fifty-fifty all the time.” You can strive for fairness but don’t anticipate consistent, equal responsibilities every single day.

#2: List down the to-dos

It’s easy to fall into the trap of saying, “I’m doing more than you are.” To avoid that thought spiralling downwards into something even more toxic, be sure to list down the to-dos with your significant other.

“It’s keeping track of what it takes to run your family business. Each person thinks they are doing more than the other person realises,” noted Jenny Anderson, the co-author of It’s Not You, It’s the Dishes: How to Minimise Conflict and Maximise Happiness in Your Relationship. Drawing up the list of things to do can help both parties see if either one’s under or over participating.

#3: Rank and select your tasks

Once you’ve gotten your to-dos written down, it’s time to rank them accordingly. You can do so by heeding Neuman’s suggestion:

Level 1: I like doing this.

Level 2: I can do this but need help.

Level 3: I hate doing this.

This way, you and your spouse can pick and choose the tasks you like doing or don’t mind holding responsibility for. However, if both of you have ranked a particular chore at level 3, then it would make sense for the person who can complete it within a shorter time frame to do so. Well, simply because time is precious.

Final thoughts
a young couple talking

Image Credits: crello.com

Remember that communication is vital. A temporary sour feeling left to ferment and pile up can lead to resentment and emotional explosion in the long run.

If you need to discuss something with your spouse, schedule a time to sit down and talk. You can also consider a fixed weekly or bi-monthly short meeting to address impromptu changes in schedule. This will help both parties to always be in the loop for updates surrounding everyone’s needs.

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Don’t do these things during a recession

cosigning a loan

According to a senior economist from DBS bank, Singapore is very likely out of a full-fledged recession. To be exact, a recent news report in April this year revealed that our economy grew by 0.2% in the first quarter.

While it’s good news, it might be too early to rejoice over the numbers. Economists noted that the trend does not necessarily mean that the economy is doing well. But it’s on its baby steps to pre-pandemic levels.

Since COVID-19 has been with us for 1.5 years and will eventually become endemic, it’s always wise to prepare for rainy weather. If you share the same sentiments, don’t do these things during a recession.

#1: Accept the request to be a cosigner

Maybe your long-time best friend or a family member has requested your help to be a cosigner for a loan they’re planning to take. But in uncertain times, it’s better not to accept the plea.

No matter how much you can vouch for the person’s personality to repay the loan, nothing is an absolute guarantee. Just think about the possible consequences should the borrower disappears or is simply unable to pay back the loan due to sudden unemployment or downward spiralling financial status.

#2: Taking out a personal loan
a loan application form

Image Credits: fortunecredit.com.sg

Speaking of debts, it’s advisable that you don’t pick up a personal loan when the economy is terrible.

That new car you’ve been dreaming of having or that private housing you would like to own with your future spouse can wait. During a recession, you may lose your job on short notice, which will significantly affect your ability to repay your monthly loans. The worse thing is to be faced with bankruptcy should the situation aggravates.

#3: Slack on your job

Unless you’re planning to force your superior to fire you, now’s not the time to slack on your job. 

Yes, working from home is still the default as Singapore slowly moves to Phase 3 (Heightened Alert). But that doesn’t mean you can take this opportunity to produce mediocre work. If you want to prove that you’re worthy of the salary or position you’re holding, be sure to demonstrate that you’re an indispensable team member.

#4: Make sudden investments

It may be tempting to put your money into investments right now, considering that you don’t want to be working your arse off and still possibly be on the company’s chopping board when there’s an economic slowdown.

However, don’t make sudden investments without prior extensive research. Be sure that you’re able to weather the storm if your money’s gone up in a cloud of smoke due to unforeseen circumstances. Remember that the stock market will always be volatile. Don’t play the game just because everyone else is doing so.

Perhaps now’s apt to relook into your monthly budget or consider running a side business to boost income?

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Are you a Singapore Citizen aged 12 to 39 years old? You can now register for Covid-19 vaccination

The COVID-19 vaccination programme is being progressively rolled out to all Singaporeans and long-term residents.

The Ministry of Health announced that they have extended the vaccination programme to Singapore citizens aged 12 to 39 years old. For individuals who have had an earlier Covid-19 infection from over six months ago are also recommended to receive a single dose of vaccine to boost their immunity against reinfection.

Those who fall in the above groups can register for Covid-19 vaccination from 11 June 2021. For individuals below 18 years of age, and who are not part of the MOE vaccination exercise, the parent/guardian should register on behalf of the individual.

vaccine.gov.sg

If you require any assistance, please call the MOH COVID-19 hotline at 1800-333-9999.

Check out the Frequently Asked Questions here.

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How To Manage Your Money In Your 30s

As you enter your thirties, your focus is geared towards saving money and meeting your financial obligations. This is the time to figure out the future you want to have to lay its groundwork.

On that note, let this article give you an idea on some of the financial goals that you need to set when you are in your 30s.

#1: REVISIT YOUR BUDGET

Are you still following the same budget you set in your 20s? If so, it is time for an upgrade. Your responsibilities and financial capacities evolve as time passes. Food, housing, childcare, and medical expenses will require a different type of budgetary attention as you enter your 30s. Examine your current budget and make necessary changes.

#2: GROW YOUR EMERGENCY FUND

If you are still on the fence on whether you should start an emergency fund or not, just think about the uncertainties brought by the pandemic. It is a concrete example of why people need to have a cushion for unforeseen events.

Most financial experts recommend having a savings that will cover your expenses for a minimum of 6 months. However, this amount varies per person. Adults with dependents need to consider putting more money in their emergency fund. The more funds you put aside, the more money you can use for unexpected expenses.

#3: GET INSURANCE

Due to the many demands brought by your professional and personal life, prioritizing your health is vital in your thirties. Having health and life insurance plans will not only be beneficial for you, but also for your family. You see, insurance premiums increase as you age. It is cheaper to get an insurance plan now. Shop around for the best insurance plans that suit your needs and your budget.

#4: PAY OFF DEBTS

While you are building an emergency fund and revisiting your current budget, identify how much debt you still have. Debts can negatively impact your financial health and your ability to accomplish your long-term goals. Why not start paying off your debts? The sooner you can reduce or eliminate debts, the sooner you can focus on turning your dreams to reality.

#5: THINK ABOUT YOUR RETIREMENT PLAN

Although you are decades away from retirement, thinking about your retirement plan will help you to allocate your retirement funds. Whether your employer has a company retirement plan or not, it is a good idea to think about what you want to do once you stop working.

Image Credits: unsplash.com

How much you need to save for your retirement will rely on the kind of lifestyle you want to have when you retire. Fortunately for you, there are many financial resources online. Do your research!

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10-Year Singapore Passport Validity To Take Effect For Citizens Aged 16 & Above

The Immigration and Checkpoints Authority (ICA) announced that the Singapore Passport validity will be increased to 10 years, as compared to the current validity of 5 years. This will come into effect for applications submitted on or after October 2021.

The longer validity period applies to Singapore citizens aged 16 and above. If you qualify for this, please submit your application on or after October 1, 2021. Despite the increased validity period, the passport application fee in Singapore remains the same (i.e., S$70). Furthermore, applications submitted in person at Singapore’s Overseas Missions will be charged an equivalent of S$80 in foreign currency.

ICA highlighted that it “has assessed that it is now viable to increase the validity of the Singapore passport to 10 years without compromising security or global confidence in the Singapore passport.”

In a similar fashion, many countries have changed their passport validity period from 5 to 10 years. These countries include Australia, Britain, Canada, China, France, Germany, Japan, the Netherlands, New Zealand, South Korea, and the United States.

SPECIFIC EXEMPTIONS

Notice the age bracket qualified to the passport validity period extension. It starts at the age of 16. Those who are under the age of 16 will continue to have the passport validity of 5 years. The primary reason behind this is that children’s facial features typically change during the early years.

“As children’s facial features change more rapidly, renewing their passport every five years will allow the photograph in their passport to be updated more frequently, which will minimise identification problems when going through immigration,” the Authority said.

Apart from this, the passport validity has a limit too. The validity is capped at 10 years in compliance with the International Civil Aviation Organisation’s (ICAO) recommendation. Any remaining validity in an old passport cannot be added to the new passport, with a 10-year validity period.

APPLICATION PROCESS

Singapore citizens can apply for new passports by going to ICA’s e-service website. Those without an internet access may either visit the Citizen Connect Centres or go to the ICA Building in Kallang.

Image Credits: pixabay.com

Ultimately, the changes in the passport validity aim to reduce the need for frequent passport renewals and to offer greater convenience to Singaporeans all over the world.

Sources: 1 & 2

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