In zero-sum budgeting, what does the term "zero-sum" refer to?
Anonymous Quiz
43%
Eliminating all debts
42%
Giving every dollar a purpose
15%
Focusing on long-term goals
π9π€6
Which budgeting method emphasises the importance of saving first?
Anonymous Quiz
16%
Zero-sum budgeting
14%
The envelope system
69%
The 50/30/20 rule
π6β€2
What is the main objective of the envelope system?
Anonymous Quiz
26%
Maximise savings
5%
Increase income
69%
Control spending
π11β€3
Dive deeper and find out more about the different budgeting techniques here π cpf.gov.sg/BudgetingMethodsTG
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Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π14β€4
π7β€3π2
This International Podcast Day, join us on our podcast with Albert Tan from MoneyOwl for expert advice on budgeting, savings hacks, investing tips, and moreπ°
π§ Listen now to master your finances π cpf.gov.sg/FirstJobbersTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π§ Listen now to master your finances π cpf.gov.sg/FirstJobbersTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π23β€5π€3π2
Itβs good to be prepared, especially when it comes to planning for your retirement! π
Stay ππ of the game by learning how to achieve your financial goals and scoring your desired retirement income using your CPF π°
Click here to find out how you can boost your retirement income
π cpf.gov.sg/RetirementPlanningTG2
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
Stay ππ of the game by learning how to achieve your financial goals and scoring your desired retirement income using your CPF π°
Click here to find out how you can boost your retirement income
π cpf.gov.sg/RetirementPlanningTG2
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π20β€7π1
Start planning today so your children wonβt have to worry about tomorrow!
This Childrenβs Day, learn how legacy planning is essential to ensure that your children and loved ones are well taken care of. π»
Click here to find out more about legacy planning
π cpf.gov.sg/LegacyPlanningTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
This Childrenβs Day, learn how legacy planning is essential to ensure that your children and loved ones are well taken care of. π»
Click here to find out more about legacy planning
π cpf.gov.sg/LegacyPlanningTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π15β€12π1
Are you feeling the strain to keep up with your finances to care for all of your loved ones? π₯ͺ
We know itβs tough, but opening up and talking to them is the first step to easing your financial strain.
These conversations can help you manage your money better and turn you into the CEO of your finances! π¨βπΌπ°
Read here for tips on managing your finances as a Sandwich Generation
π cpf.gov.sg/SandwichGenerationGuideTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
We know itβs tough, but opening up and talking to them is the first step to easing your financial strain.
These conversations can help you manage your money better and turn you into the CEO of your finances! π¨βπΌπ°
Read here for tips on managing your finances as a Sandwich Generation
π cpf.gov.sg/SandwichGenerationGuideTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π25β€10π2π₯1π1
Worried that financing for your first home will fall...flat? π
Donβt panic! Hereβs a handy tip on financing your house π‘:
Retain at least $20,000 in your Ordinary Account (OA) savings as a form of safety net! It can help you pay for your monthly housing instalments when facing unforeseen circumstances. π
Click here to learn about the benefits of retaining funds in your OA π cpf.gov.sg/CPFHousingTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
Donβt panic! Hereβs a handy tip on financing your house π‘:
Retain at least $20,000 in your Ordinary Account (OA) savings as a form of safety net! It can help you pay for your monthly housing instalments when facing unforeseen circumstances. π
Click here to learn about the benefits of retaining funds in your OA π cpf.gov.sg/CPFHousingTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
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#MonthlyReads: Single and looking for your Home Sweet Home? π‘ Then, these reads might be useful for you! π
π Ultimate guide on available housing types for singles
π cpf.gov.sg/SingleHousingTG
βοΈ Important housing considerations for single seniors
π cpf.gov.sg/SingleSeniorHousingTG
π° Everything you need to know about the Enhanced CPF Housing Grant
π cpf.gov.sg/EnhancedHousingGrantTG
π Tips on funding your home purchase with CPF
π cpf.gov.sg/FundYourHomeTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π Ultimate guide on available housing types for singles
π cpf.gov.sg/SingleHousingTG
βοΈ Important housing considerations for single seniors
π cpf.gov.sg/SingleSeniorHousingTG
π° Everything you need to know about the Enhanced CPF Housing Grant
π cpf.gov.sg/EnhancedHousingGrantTG
π Tips on funding your home purchase with CPF
π cpf.gov.sg/FundYourHomeTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
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Concerned if your chosen witness may face challenges with witnessing your CPF nomination? π€ Share this handy guide with them to ensure that they are well-informed π
Find out how easily you can make a CPF nomination here π cpf.gov.sg/CPFNominationTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
Find out how easily you can make a CPF nomination here π cpf.gov.sg/CPFNominationTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π30β€6
Want to give your kids a head start that makes cents?
π§ Tune in to our podcast as Ferris shares useful tips on how you can educate your young on the concept of money and savings π cpf.gov.sg/SensibleGenTG
Are your children equipped with good saving habits? Let us know by reacting with a π or π€!
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π§ Tune in to our podcast as Ferris shares useful tips on how you can educate your young on the concept of money and savings π cpf.gov.sg/SensibleGenTG
Are your children equipped with good saving habits? Let us know by reacting with a π or π€!
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π21β€11π€9
Being able to financially take care of yourself in your golden years is not only important, but can also help to ease your childrenβs worries and give them peace of mind π
Click here to find out how CPF plays a part in your legacy planning π cpf.gov.sg/LeavingALegacyTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
Click here to find out how CPF plays a part in your legacy planning π cpf.gov.sg/LeavingALegacyTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
β€21π9
Ever wondered what are the differences between ElderShield and CareShield Life, and whether you should make the swap to CareShield Life? π€
Take this quiz to learn more! β¬οΈ
Take this quiz to learn more! β¬οΈ
π13β€2π₯1π1
ElderShield can provide cash payouts of up to 1) ____ per month for 6 years while CareShield Life provides cash payouts starting from 2) ____ per month for as long as your severe disability remains.
Anonymous Quiz
67%
$400, $612
17%
$300, $524
16%
$350, $575
π17β€5π4
ElderShield payouts last up to 6 years, while CareShield Life payout is for ___?
Anonymous Quiz
7%
10 years
7%
20 years
86%
As long as you are unable to do 3 or more Activities of Daily Living
π14β€5
What are the premium subsidies given to lower- and middle-income households for CareShield Life?
Anonymous Quiz
10%
Up to 5%
24%
Up to 15%
66%
Up to 30%
π18β€6
π‘The Government also provides participation incentives of up to $4,000 for members born 1979 or earlier who join CareShield Life by 31 Dec 2023.
π‘If you cannot afford your CareShield Life premiums even after premium subsidies, premium support, and family support, you may be eligible for Additional Premium Support. You will not lose your coverage if you are unable to pay your premiums.
Find out more in this article where Heartland Boy discusses his thought process on whether he should transit his parents to CareShield Life π cpf.gov.sg/SwitchToCareShieldTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
π‘If you cannot afford your CareShield Life premiums even after premium subsidies, premium support, and family support, you may be eligible for Additional Premium Support. You will not lose your coverage if you are unable to pay your premiums.
Find out more in this article where Heartland Boy discusses his thought process on whether he should transit his parents to CareShield Life π cpf.gov.sg/SwitchToCareShieldTG
Stay informed, secure your future: subscribe to @CPFBoardβs Telegram channel now for essential CPF and financial insights at your fingertips.
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