Seedly x POSB: Helping Singaporeans Beat Inflation

With the increasing cost of living, Seedly is partnering with POSB to help Singaporeans find more ways to beat inflation.

POSB experts will be engaging in discussions on the Seedly Community to share their expertise and knowledge on actionable steps that our community members can take to beat inflation and stay on track in achieving their financial goals.

On top of that, we will be surprising active contributors with amazing prizes, so stay active and engaged in the community and beat inflation together!

Watch this space for more activities!

Seedly x POSB: Community Contest

About Seedly x POSB Community Contest Campaign

In collaboration with POSB, we are giving away Apple AirPods (3rd Generation) worth $259 to 3 lucky winners!

Here’s how it works:
• Answer the quiz questions below from 13 – 28 Feb 2023
• Seedly & POSB will choose the winners based on:
- Number of correct answers; and
- Most insightful and/or informative answers.
• Winners will be announced on 3 March 2023 at 12pm on this page.

Good luck!

Quiz Questions:

1) Inflation is eating into our finances hard. What tool in digibank can help you keep track of your finances, forecast your future cashflow and also provide you with an overview of your financial health?

2) What are the 6 tips to guard against inflation?

3) What were the top 3 expense categories that saw the highest growth in 2022? (hint: NAV Financial health report, 2022)

4) Prices of daily essentials like groceries have gone up considerably in the past year. What are the strategies/tips outlined by POSB to help you stretch your dollar when it comes to shopping for your essentials?

5) Which of the following is NOT true?
a. Inflation erodes our purchasing power
b. Letting money idle in the bank could hurt our financial goals
c. Investing your money is one way to protect your money from losing value
d. You don’t need insurance for a holistic financial plan
e. All the above

6) What are you personally doing in 2023 to beat inflation?

Hint: Find answers on the POSB’s website!

Find out if you are the winner here!

Helping Singaporeans with Budgeting and Spending

POSB will be giving away Takashimaya vouchers worth $50 each to two of our community members for their contributions on the topic of property and housing loans! 🤩

Find out if you are the winner here:

First Discussion | Second Discussion | Third Discussion | Fourth Discussion

Interested to find out more about budgeting and spending?

Check out the discussions here:

Hi Seedly Community. Prices of everything have been going up significantly (food, groceries, utilities, transport, etc) due to inflation, what are you doing to cope with it?

How are you adjusting your lifestyle and/or investments to manage your expenses? Asking because I still want to achieve F.I.R.E by 50 but inflation...

Hi Seedly Community, anyone synced with SGFinDex on POSB digibank? What is the benefit in doing so?

I have S$10,000 to play around with. Is it a good idea to put my money into low-risk cash alternatives (e.g. T Bills, Fixed Deposit, SSBs, etc) now?

Or should I increase my emergency funds because of looming recession? Any recommendations?

Full disclosure: I’m new to investing and my portfolio is down a lot due to some of my stock picks, so am hoping to be more cautious with my money.

Helping Singaporeans with Property and Housing Loans

POSB will be giving away Takashimaya vouchers worth $200 each to two of our community members for their contributions on the topic of property and housing loans! 🤩

Find out if you are the winner here:

First Discussion | Second Discussion

Interested to find out more about property and housing loans?

Check out the discussions here:

With inflation driving home prices higher in 2022 and likely to continue through 2023, how are you coping?

Housing is getting more and more expensive, which is difficult to afford a home. This will likely continue through 2023. Can the Seedly Community give me some advice on this?

Now that property prices can go up to $1million and interest rates have gone up, it’s about time for me to refinance my housing loans…

Should I go for bank mortgage loans? Seedly users, which bank mortgage loan are you using and why? If not, are there any other better options? Need some advice. Thank you!