Anonymous
What are the pros and cons of opting out of the community fund? E.g. CDAC: $1/month, ECF: $9/month?
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Cedric Jamie Soh
03 Jun 2019
Director at Seniorcare.com.sg
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Cons: U lose the 2.5x tax benefit. Pros: u help the less privilege
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cons: bad karma :(
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Jason Sing
20 Sep 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
Don't think of pros and cons. Think how your $1 could make a difference to the lives of others. Contribute from the heart.
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Loh Tat Tian
20 Sep 2018
Founder at PolicyWoke (We Buy Insurance Policies)
Maybe people has yet to find out what CDAC does. I would suggest for you to go and find out ECF and ...
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For community fund such as CDAC, if you opt out:-
Pro is you saved $1 per month. Congrats.
Con is you missed out a tiny chance to help out some one who needs it.
Smile and cheer that you done a good deed!