Family

The 51 years old man have money...she try to get his money ba...

Use what you are given first. All SC are given two chance to buy BTO, lose this will set you back a few Thousand only. You remind me when I was your age. I bought my first HDB in 1988. profit 180k @ 24 second HDB in 1995, paper gain from 250k to 640k @ 31 first Condo in 2006, paper gain 535k to 1,550k @ 42 second condo in 2011, paper gain $1,305800 to $1,588,000. @ 47 Now 55.

Personally, I will advise to pay a portion of it with cash, as CPF is a really good financial instrument for retirement. Giving 3.5% for your first 20k in OA and 2.5% subsequently. Taking money out of your CPF, means you will lose the 2.5 or 3.5% of interests and on top of that you are also paying your loan interests of 2.6% (assuming one took a load from HDB) so thats is like a -5%. But not everyone can afford to pay with cash and also some may earn more than enough for CPF hence its good for them to split as they have surplus from their CPF. (Everyone has a different number so its good to do your maths before deciding on the % split)

It covers until you're 70. It's the cheapest term plan available. So I'd recommend to get more if you need the coverage. However you should still get coverage for Critical Illness from a private plan instead of group due to limits and limited conditions covered.

As a self-employed, I try to give them an absolute number because my income fluctuates on a monthly basis. It would be weird for them to understand why they receive a different amount per month if you go by percentage. Actually, I recommend you should do that regardless of being self employed or not. Your parents love you, but its still going to be weird for them if you give them less over time. So set the bar low and work your way up to giving them more as you become mroe successful. You are as successful as you are ideally because of them, after all.

Probably I'd work harder as an athlete and try to represent Singapore at least once. I'd make better decisions with girls and treat my family with more respect and appreciation.

Hi! I personally didn't buy any of the two on my son's life. You may read more here: http://www.sgbudgetbabe.com/2018/07/what-are-top-5-insurance-plans-that-you.html I've bought 1 and 2 in that list.

Questions is, why not ? :) But as always, one should finish at least tertiary studies as much as possible for backup and basic as a fallback plan because if it doesn't work out, she can always go back to work for someone or do something else. I believe that parents should always be supporting and encourange children to persue their passion and interest and start young because that's the best time without much commitment and responsibilities, so they can learn / understand better and go much further that us. Why not encourage and help her to register HDB home sole proprietorship and take some home order for events / birthdays / parties and sell cakes , muffins and cookies. But have a talk with her and both agree that studies must comes first and as long as she do her best in her studies, you'll support her in the business. Who knows, maybe before she enter university it is then possible to have the scale to make it a shop and business to fund her own university fees and carve out a living and passion or even be a famous chef one day ! :)

Hey there! Here are a few tips that I can think of right off the bat: 1) Find a part-time gig such as private tuition; I currently have two tutees and the fees are enough to cover my weekly expenses 2) Adopt the habit of not spending money on soft drinks; I think this one way you can cut down on your expenses without feeling like you are compromising on your lunch! A little goes a long way 3) Apply for scholarships/bursaries 4) Get into the habit of tracking your expenses; it creates accountability and subconsciously compels you to save more money 5) Go for school-based surveys/experiments; they usually reimburse you with a small sum of money for your time! It's a good way to earn a quick buck in between your lessons! 6) If you stay in hall/dormitory, minimise expenditure on food by eating in the dining hall more often 7) Apply for internships over the holidays; you gain both experience and allowance 8) Utilise school facilities such as the gym so that you won't need to spend it on external facilities Hope that helps, and all the best for your future endeavors in NTU! :)