Singapore just pledged nearly S$70,000 per child over 16 years — but is that windfall building your family's future, or quietly funding lifestyle creep? Correspondent Howie Lim sits down with SingSaver's Ayush Goyal to dissect how to split, invest, and protect this new child credit stream — from emergency funds to retirement trade-offs — so parents don't waste a single dollar.
Synopsis: Every Monday, The Business Times breaks down useful financial tips.
Highlights:
01:07 Dissecting the S$70,000 package into 2 buckets
05:19 Rethinking your emergency fund
07:28 Kids' future vs. your retirement
10:23 The danger of policy dependency
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Send us your questions, thoughts, story ideas, and feedback to [email protected].
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Written and hosted by: Howie Lim ([email protected])
With Ayush Goyal, Singapore country manager and managing director, SingSaver
Edited by: Howie Lim & Claressa Monteiro
Produced by: Howie Lim & Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
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