Dawn Fiona - Seedly
Seedly logo
Seedly logo
 
Dawn Fiona

Singapore's top female personal finance & lifestyle blogger. Tips on www.sgbudgetbabe.com

Dawn Fiona

About

Singapore's top female personal finance & lifestyle blogger. Tips on www.sgbudgetbabe.com

Credentials

Dawn Fiona's credentials are not filled up yet.

Dawn Fiona

  • Answers (182)
  • Questions (1)
  • Reviews (2)

Lifestyle

Family

Savings

Career

My husband and I are not well off. Just found out that I'm pregnant. What should I do?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 25 Jun 2020
Hello! Firstly, be HAPPY because it is truly a blessing to be able to conceive and grow a life :) being happy and healthy during this period will also help your baby to grow well, and hopefully reduce any complications that could otherwise emerge from a high-stress pregnancy. To reduce costs on delivery, consider choosing a public hospital (eg. NUH, SGH, KKH) and opt for a shared room (eg. 4-bedder). For infant care, the best way to save costs would be to take care of the baby yourself. You should be able to claim 4 months of maternity leave from your employer so you can stay home and care for your child. Milk expenses: breastmilk is free, but can be painful for some mothers (like me). If your milk supply is good, you don't have to spend on milk powder. Otherwise, there are milk banks (donated breastmilk) that you can try, or affordable milk powder brands like NatureOne Dairy. Diapers: some parents choose to buy from JB to save costs, but with the current pandemic this may be difficult. Otherwise, you can try shopping on Carousell for diapers as some parents buy too much and can't use finish as their babies outgrow them faster than expected. Clothes, Toys, Beddings, etc can be bought secondhand from Facebook Marketplace or Carousell. The bigger challenge may be post-4 months, where you need to figure out who will take care of your baby when you go back to work. If your parents/in-laws can do so, then you can save on caregiving / infantcare costs. Otherwise, these can easily add up to quite a significant portion of your salary. Hope this helps, and congratulations on your pregnancy!
👍 9

Investments

Stocks Discussion

COVID-19

SG Budget Babe

FIRE Movement

Robo-Advisors

SeedlyTV S2E04

What recommendations do you have for new investors?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 06 May 2020
My best recommendation for you as a new investor is NOT to get stock tips online, nor should you buy because of online recommendations. Learn how to invest yourself instead.
👍 0

SG Budget Babe

Insurance

Hospitalisation Insurance (H&S)

Guys, I have a medical report which 'Strictly Private & Confidential' almost 5 years ago with raised level of enzymes but no serious conditions. Can I avoid declaring when applying medical insurance?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 06 May 2020
Declare. Otherwise it might be worse next time when you try to claim and get rejected on this basis if the insurer(s) find out.
👍 0

SG Budget Babe

Family

Savings

Career

Accidentally got my girlfriend pregnant, how do I plan for this with $3k/month salary and less than $700 savings?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 06 May 2020
Having had a baby myself, I would NOT encourage abortion. If money is the problem, then it's hardly a problem. $3k a month is enough if you take care of your downsides and be prudent with your spending. Some tips: - consider public hospitals and a lower class ward if you really have trouble with delivery fees. Your girlfriend may be very uncomfortable though and probably won't get much rest, but aside from that, our Singapore hospitals are generally pretty good regardless of public or private - plan and research and buy baby stuff early so you won't have to pay for convenience later on (i,e. marked up stuff) when your baby cries in the middle of the night and you realise you don't have the stuffs needed. I have resources on this on my blog, otherwise online websites have tons of checklists too. - consider buying secondhand, or get baby clothes from your friends / families / online Facebook groups / Carousell giveaways (some people do that cos they just have so many) GET INSURANCE - don't be stuck with a hefty hospital bill you cannot afford. Get hospitalisation insurance right after 14 days. even better, speak with an advisor now and get him/her to follow up with you two weeks after your baby's birth so this won't get missed out MILK - breastmilk can help lower your costs but is incredibly hard / dependent on the mother. if your girlfriend has issues breastfeeding, consider more affordable milk brands like NatureOne Dairy (this is what I feed my son) instead of overpriced ones TOYS - secondhand, or just use (safe) household stuff. babies don't need a lot.
👍 3

Insurance

Family

SG Budget Babe

Most basic insurance to get? Trying to trim down to the basic?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 15 Feb 2020
Lots of ideas there, and I recommend that you speak with several advisors whom you can trust to get their suggestions before you make your decision. Note though that you shouldn't focus on trying to trim down to the basic, but focused on covering the needs that you can't afford to pay for.
👍 0

Expenses

Family

SG Budget Babe

Does the monthly money u give to ur parents count as expenses, and should that be counted into your 3-6 months of expenses of rainy day funds?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 15 Feb 2020
Your rainy day funds refer to fixed expenses, so if your parents rely on that allowance to get by, then yes you should be counting that into your emergency funds.
👍 0

Wedding

Family

SG Budget Babe

Advice needed on Parents Meeting Session for wedding and on banquet expectations?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 15 Feb 2020
Be aligned with your wife first before you go for the meeting. If both of you already have a fixed budget and idea in mind, then it is easier to get her to support you when negotiating with your future in-laws.
👍 0

Lifestyle

General

Wedding

How much money to give at friends wedding?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 15 Feb 2020
How much do you want to bless your friend with? Do you simply want to give a fixed amount you're comfortable with, or a minimal sum to at least cover the cost of your seat, or extra to bless your friend for his/her new journey into wedded life?
👍 0

Career

Lifestyle

SG Budget Babe

Should I quit my first job out of a few months in?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 15 Feb 2020
There's nothing wrong in leaving a job you're miserable in and where you're not growing. It won't be a red flag if you know how to present it in your CV.
👍 0

Family

SG Budget Babe

How much does it cost to get a will in Singapore?
Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 15 Feb 2020
Check out MoneyOwl here where you can write a will for free. It is the easiest and most fuss-free option right now.
👍 0
Load more questions
Level 7. Grand Master
870PointsGoal 1500
630 POINTS TO LEVEL UP
Browse Rewards