All You Need To Know About The S$3,000 Baby Support Grant

Parents of Singaporean children born from October 1, 2020 to September 30, 2022 can get a one-time Baby Support Grant to help them alleviate the costs of raising a child amidst the pandemic. The Baby Support Grant will supplement the existing Baby Bonus cash gift. The former is worth S$3,000, while the latter can go as high as S$$10,000. These will be deposited to the bank account that the parents have nominated.

The giving out of funds will start from April 1, 2021 or within one month of enrollment into the Baby Bonus scheme. It will depend on the situation.

Ms. Indranee Rajah, a Minister in the Prime Minister’s Office and a Second Minister for Finance and National Development, highlighted that the Government has allotted some budget to provide support to more Singaporean parents. Lower-income parents with babies on or after October 1 were already eligible for the grant, while those with babies born before that date can benefit from other existing schemes.

She said: “The Government will spare no effort to help couples meet their marriage and parenthood aspiration.” The pandemic has not been easy on all of us and most people have postponed their wedding and family plans.

Image Credits: pixabay.com

A recent survey commissioned by the National Population and Talent Division (NPTD) and the Ministry of Social and Family Development (MSF) found that about 30% of respondents will likely delay marriage or have a child later on because of the pandemic and its effects on the economy and the healthcare system. About 80% of the married individuals stated that they plan to delay having children. The survey collected information from about 4,100 Singaporeans ranging from ages 21 to 45. There is a lot of uncertainty surrounding us as of the moment.

This is why, Ms. Indranee Rajah encouraged the community and businesses to cultivate an environment that is family-friendly.

“We also hope that more businesses and community groups will play their part to support couples juggle work and family, provide affordable goods and services for young families, and ultimately, create a Singapore that is made for families.”

Some companies have answered this plea and are offering special deals to families with young children. For instance, Mothercare will offer its VIP membership to all Singaporeans who are giving birth over the next 12 months to be eligible for their special discounts.

Nonetheless, the Government has asked for the understanding of everyone due to the given duration of this grant. According to them, the specific start dates are necessary for any new measure or enhancement. May this grant aid many Singaporean families, especially those who need it the most!

Sources: 1 & 2

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Run With Life-Sized Dinosaurs At Jurassic Mile

As you bring more focus to your health this year, it is important to include running or jogging to your fitness regimen. The health benefits of running and jogging include improving one’s cardiovascular fitness, strengthening bones and muscles, burning plenty of kilojoules, and maintaining a healthy weight.

Goal setting for running and jogging vary for each individual. For others it may be a tool to help them compete in marathons and fun runs. While, some people use running and jogging to achieve their desired weight. If you are a beginner, you should start with brisk walking, progress to jogging, and work your way up to running This may take a couple of months to achieve.

Add life to your running or jogging trail by considering the newly opened Changi Jurassic Mile. Travel where no man has been – to the pre-historic land of Dinosaurs. You read that right!

The Changi Jurassic Mile is Singapore’s newest and biggest permanent outdoor display of life-sized dinosaurs. You and your loved ones can now interact with dinosaurs while you jog, run, or cycle along the trail. This trail stretches from the Changi Airport to the East Coast Park.

About twenty-two different pre-historic creatures can be found in the trail. Amazing creatures from nine different species occupy the 1-kilometer path. These creatures come with information boards and growling noises in the background. The visual and sensorial installations will truly bring life to your usual jog!

The Jurassic Mile includes the Tyrannosaurus Rex, which towers for about 5 meters. You will also see different carnivorous species, herbivorous species, defensive dinosaurs, as well as the flying dinosaurs. Create a game with your children and let them spot and name each dinosaur. From a towering Tyrannosaurus Rex to gigantic dinosaur eggs, visitors will be amazed by the life-like installations inside the Changi Jurassic Mile.

Invite your friends or family as you travel by foot or by cycling from HUB & SPOKE or from East Coast Park via the Changi Coastal Park Connector. It is open for 24 hours. Entrance is free on Mondays to Thursdays. No need to book a slot.

However, you must book a slot if you are visiting on a Friday or a weekend. Entrance is still free. To ensure safe distancing, you must book a slot online from October 16 to January 3. Book a slot here.

Image Credits: pixabay.com

Look out for bicycle rental shops and cafes spread throughout the trail to enrich your experience.

 

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Singtel released price plans for iPhone 12, iPhone 12 mini, iPhone 12 Pro and iPhone 12 Pro Max

Singtel has released the price plans for those who are looking to sign a new line or renew their contract.

A 2-year XO plan with 5G at $58/month for an iPhone 12 starts from S$698, with the iPhone 12 Pro Max costing as much as S$1,148 for a 128GB model.

You can now pre-register your interest for the iPhone 12 on www.singtel.com/iphone. Pre-order starts from 17 Oct.

XO Plans (more data!)

Combo Plans

For more details, click here.

Share this information with your friends and family members who are re-contracting with Singtel!


No wired earbuds in the iPhone 12? Check this out:

Free Apple AirPods Pro (worth $379) when you apply for these credit cards from now till 18 October 2020

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Importance Of Gold In Your Portfolio And How You Can Trade Gold With No Transaction Fee

There’s probably never a better time than now to invest in gold. Gold price has been on a steady growth path not just in the past 5 years. This year alone, price of gold has increased 25% from US$1,520 to US$1,900 beginning October (Source: Goldprice.org). This shows that the average man is capable of growing their wealth by investing in gold. How gold has performed recently underlies the importance of having gold in your investment portfolio.

Portfolio Diversification

Countless academics and investment gurus have reiterated the importance of portfolio diversification. Gold serves this purpose very well as it has a historical negative correlation to stocks and other financial instruments. As recent as the last economic crisis, equities fell across the board while gold performed strongly as investors flock to safe-haven assets. Gold as an investment is not closely correlated to other financial instruments and having gold in your investment portfolio reduces overall volatility and risk.

Hedge Against Inflation

While the price of gold may be volatile in the short term, it has always maintained its value over the long term. This underlies its utility as a good store of value. Gold price tends to rise when the cost of living increases. Therefore, gold serves as a very useful hedge against inflation and erosion of major currencies. This advantage of gold is so ingrained that it is very common for gold to be passed on and wealth preserved from one generation to the next.

Buy and Sell Gold With Just A Few Clicks on Everest Gold

Image credits: Everest Gold

Having outlined the importance of having gold in your investment portfolio, you can actually start buying and selling gold with just a few clicks on Everest Gold app—a digital gold trading platform in Asia that is backed by 100% real gold. It is a ‘first-of-its-kind’ trading platform that allows retail investors to safely buy and sell gold online. Here are some of the advantages of trading gold on the Everest Gold platform:

  • Hassle-free trading. Trade anytime, anywhere at your convenience.
  • Highly accessible. The minimum to trade at only 0.01 gram.
  • Highly affordable. Investors enjoy fairer prices than gold traded in banks without paying high premiums.
  • Zero transaction fee. No hidden costs.

With no transaction fees payable and a higher buy-in price, you can massively improve your investment returns simply by trading gold on the Everest Gold platform today.

Moreover, test your skills at Everest Gold’s trading competitions and stand to win prizes worth a total of more than $37,000 CapitaVouchers! The next round of competition will be held on 23-29 October 2020. More information can be found here.

Everest Gold is available for download on Android, iOS and desktop.

For more information, visit www.everestgold.sg .

Everest Gold will be giving 300,000 reward points (worth S$40) for every new sign-up upon successful account verification. Reward points can be exchanged for gold during Gold Subscription Events. Enter referral code “EGGOLD” when you register for your Everest Gold account. Promotion valid till 31 October 2020.

 

 

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OrangeTee launches Singapore’s first online property expo; has over 10,000 listings, newly launched projects and free seminars

Find and buy the ideal property

Searching for that perfect home to buy can be long and stressful. Whether it is for your own stay or investment, you want to make sure you are making the right choice.

OrangeTee, one of Singapore’s largest real estate agency and advisory group, will be running their first Virtual Property Expo this weekend. From 17 – 18 October, the online event will walk you through with all the tips and skills for property hunting or investment.

Find your dream home with over 60 newly launched projects, 10,000 resale listings and 40 free seminars covering various topics on properties such as “The Importance Of Diversification“, “Australia – Your Safe Haven” and “How To Be A Smart And Tech Savvy Property Investor“.

Check out the itineraries below:

Join us in this one-of-a-kind event and don’t miss the chance to get the best advice on your property journey.

Visit www.orangetee.com/PropertyExpo for more details.

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