Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better.
The views and opinions shared during this podcast series are those of the hosts and guests and do not necessarily reflect the views of Mediacorp Pte. Ltd. or its group of companies.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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? See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
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 See omnystudio.com/listener for privacy information.
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. See omnystudio.com/listener for privacy information.
