Eunice Seah Financial Planning

Touch your heart…have you ever exceeded your mobile data limit? 😆 I know I have! These small amounts can often add up to a lot of unnecessary spending, so as the year ends, it’s good to take a look at your finances and see if there are any areas for improvement.

💡 One way to save money is to look at SIM-only plans! Most of these plans offer high amounts of data, so you can freely use your phone on the train/bus without worrying about exceeding the limit 😂

Check out a comprehensive list of plans here:

What Are The Best SIM-Only Plans In Singapore (2022 Edition) If you’re applying for a SIM-only plan in Singapore, here’s what the local telcos and MVNOs are offering.

Started giving your parents allowance since you graduated and started your full time job? Most working adults might be familiar with this, but have you ever considered opening a joint account with them? 👵🏻👴🏻

This article offers some great reasons why it might be a suitable choice for you!

Why It Makes Financial Sense To Open A Joint Savings Account With Your Elderly Parents As our parents grow older, we may end up taking care of them instead, including their financial matters. Having a joint account helps.

As the year wraps up, I thought it would be nice to share some of my recent testimonials in true Wrapped-style! 😆

Thank you to the lovely students of NTU Hall 14 for giving me your time and attention ❤️

Planning to buy any big-ticket items (eg. car, commercial properties, electronics, luxury items, furniture)? You might want to get these before the GST increase next year.

Of course, don’t go crazy! The blow of this increase can be cushioned with proper financial planning, so only get the things you’ve already planned for. Let me know if you need any help in this area! ☺️

9 Big-Ticket Items To Buy In 2022 Before The GST Increase Next Year While there is still time before the GST increase happens, it's a good idea to start saving up for these big ticket purchases now.

🔁 Reposting this helpful summary from April this year! Some of these tax reliefs need to be done before 31st December, ahead of next year's tax filing.

If you are a fresh grad and new to the topic on tax relief, feel free to reach out. For working adults, you know the drill! Remember to do any donations /CPF top-ups amidst all the festivities this month 😀

Raise your hand if you made some impulse purchases during the recent 11.11 and Black Friday sales 🙋🏻‍♀️

It’s unrealistic to say that we should completely stop making impulse purchases. We all need a little ✨retail therapy✨ sometimes, and that’s okay!

💡One tip I have for all my clients to cope with these never-ending sales: include a “happy fund” when doing your budgeting! This gives some freedom to get that dress you’ve been eyeing, while still keeping within your budget.

Got any tips for controlling your spending during year-end sales? Share them below! ⬇️

Struggling To Cope With Inflation: 5 Things To Be Avoiding, And What We Should Do Instead Cost of living may have increased due to high inflation, but by taking prudent actions, we can ensure we do not run into financial difficulties.

Next year’s GST increase is bound to be a bit sian for most of us, but remember to check if you’re eligible for a cash payout under the Assurance Package! ☺️

The payouts will be given over 5 years, from 2022 to 2026, to cushion the blow of the GST increases in 2022 (8%) and 2024 (9%).

💡A little tip to make things less sian: Do stock takes of your finances from time to time to make sure you’re properly considering the GST increases in your financial planning.

Check out the article below for a helpful case study of how a typical household can benefit from the package ⬇️

Assurance Package For GST: How Much Will Singaporean Households Be Getting Over The Next 5 Years? Typical Singaporean household with a working couple and one child will receive a total of around $3,400 from the Assurance Package for GST.

As the saying goes: “knowledge is power”, and as someone in the financial industry, I often go for courses and webinars outside of my company’s offerings to expand my knowledge and learn more about how I can help my clients.

But did you know that you can do the same to help yourself and your loved ones?

Check out this list of upcoming courses and webinars (FREE, btw 😆)! You might just find something you’re interested in ⬇️

Upcoming Personal Finance Webinars and Events In Singapore You Should Attend In 2022 New year, new you. Start your investing journey with these free personal finance webinars and events to help expand your knowledge and confidence.

💬 “HDB loan better because can use CPF!” “No lah, bank loan better because can earn higher deposit rates!”

You’ve probably heard similar discussions before, and there are definitely pros and cons for both types of loans. Ultimately, the choice boils down to your eligibility criteria and financial situation! 💰

In this current economic environment, things may also change from time to time, so keep yourself updated and take all factors into consideration. For instance, bank loans could offer low interest rates, but in a rising interest environment, you might eventually lose out 😨

For couples looking to purchase their first home, it’s also important to discuss and plan together to see what works best for both of you.

Got any personal stories about why you chose certain loans for your home? Share them below & you could help others gain more clarity! ⬇️👀

HDB Loan vs Bank Loan: Which Should You Choose? - Planner Bee HDB loan or Bank Loan? Let us explore the options to help you make a better and informed decision.

Looking to finance your BTO or resale flat purchase with a HDB loan? Here are some things you should note ⬇️

👉🏻Downpayment required is now 𝟐𝟎% of the purchase (was previously 15%). The first 5% must be paid upfront, and the next 15% will be paid when you are collecting your keys 4-6 years later.

We’ll be discussing this, as well as the other impacts of the new property cooling measures, at our webinar this Wednesday (16 Nov)! PM me if you’d like to sign up ☺️

👀𝐃𝐈𝐃 𝐘𝐎𝐔 𝐊𝐍𝐎𝐖: Inflation in the UK could soar above 𝟐𝟐% next year 🤯

Here in Singapore, we’ve already begun to see some effects of this economic instability, so it’s important to make sure you’re staying ahead.

Got any tips to lessen the sting of inflation? Share them in the comments below!

UK inflation could top 22% as energy prices soar, Goldman Sachs warns U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs has warned.

💡𝐓𝐈𝐏 𝐎𝐅 𝐓𝐇𝐄 𝐃𝐀𝐘👉🏻 Use SGFinDex to quickly view all your insurance policies from different insurers at a glance 👀

If you’re not yet connected to SGFinDex, the article below contains a handy step-by-step guide! Feel free to share in the comments below your experience and what you like about it!

Consolidated view of insurance policies now available on SGFinDex The inclusion of insurance data adds to existing banking and investment data that individuals can retrieve via SGFinDex.

Three years! 🥳

It’s been three years since I joined finexis, but every day still feels exciting and fresh. I couldn’t be more grateful to all the people whom I’ve met along the way—the clients-turned-friends, the supportive mentors, and even the people whom I’ve only met once.

I’ve been doing a bit of self-reflecting, and I thought I’d share some of the testimonials I’ve received at different stages of my career. It hasn’t been an easy journey, but these words have definitely kept me going 💪🏻 Can’t wait for what’s to come!

🚨 SHRINKFLATION – what exactly is it, and what can I do about it?

When shopping for groceries, it’s important to be both price conscious AND net weight conscious. Some of your favourite products may have maintained their prices despite inflation, but their product contents could have reduced without you even noticing 🫣

To avoid falling into this trap, channel your inner math major! 🤓 Calculate the unit prices of products you intend to buy, get house brands or family packs, or look for cheaper steals from value dollar shops.

Have you noticed any examples of recently? Share them below to help your fellow consumers! ⬇️

Shrinkflation & How You Can Safeguard Your Rights as a Consumer - Planner Bee In this age of inflation, have you heard of its devious sibling – shrinkflation? Shrinkflation essentially means that you are paying more for less product. How can you combat this phenomenon? Read on to find out more.

If you’re an aspiring homeowner, you’ve definitely seen many articles floating around recently about the new property cooling measures—but how exactly does it affect you? We’ve summarised the key changes below ⬇️

Buying a property is no easy feat, and it’s normal to have concerns and questions along the way. For those who are wondering how to unlock value from your existing property amidst these measures, or looking to dabble in real estate investment, we’ve got the perfect platform for you to learn more: a face-to-face seminar with Redbrick Mortgage Advisory on 16 Nov (Wed) 😉

PM me if you’re interested! 🤓

If you are a parent, you would know that parenthood is hard work but it is also rewarding and enjoyable. As for those of you who are soon parents-to-be, you are probably feeling excited and jittery concurrently.

To help you prepare as much as possible, here is a guide for those preparing for parenthood.

Feel free to share this material with the people around you as the saying goes; sharing is caring! Help a parent-to-be today with this quick parenthood guide.

For those of you who plan to settle down - Have you talked about financial planning with your partner? 🧐🤔

In recent months, I spoke to many couples and realised that it’s not a topic commonly discussed. With potential differing views between you two, it's essential to plan both of your finances early, especially if you intend to settle down.

If you and your partner haven't started planning, you may want to approach your financial consultant, or click on this article to find out more on this topic! 💍💵

What If Your Spouse Has A Different Attitude Towards Money? Disagreement over the way money is handled can lead to more stress and problems in a marriage

Looking for a fulfilling and authentic career with finexis? Here’s the right Webinar for you!

Happening on 13 September, 7.30pm to 9pm, our CEO and two panelists will be sharing their experiences and journey on what it means to have a meaningful career in finexis.

What are you waiting for? Leave a comment on this post if you want to find out more! ⬇️⬇️

If you asked me what PayLah! is 10 years back, I would’ve thought I owed you some money! 😆😆

Over the years, we’ve seen a considerable and accelerated increase in the FinTech industry globally, and Singapore is more than ready to embrace such transformation.

With the government working toward building a Smart Nation, click on the article to read about some interesting FinTech trends in Singapore for 2022. Feel free to share this article with the people around you!

"Core inflation increasing again, can meh?", might be your first thought as you read another monthly inflation article.

With the drastic increase in core inflation over the past few months, it's normal to worry about what may happen as we move forward with Singapore’s economy.

Here's an article that expresses some thoughts and solutions that may be implemented by the government. Let me know your thoughts on its practicality and sustainability in the comment box below! 👇🏻👇🏻

Coping With Inflation In Singapore: What Can MAS Do (And At What Cost)? Price stability is the mandate of MAS and management of our exchange rate (S$NEER) is Singapore’s only form of monetary policy.

Max Pang Organization Team Retreat 2022, done and dusted! 🛳🏝

At the start of this month, we went for our first-ever team retreat on a cruise! Fun activities aside, this retreat emphasised on the importance of teamwork, especially in this line of work. One who achieves success does so with the help of others, and I am very grateful to have my team behind me as I reach every milestone in my career.

Thank you, my lovely team members, for making this retreat so memorable and insightful, looking forward to many more in the future! 🤩🤩

“If you want something you’ve never had, you must be willing to do something you’ve never done.”

A few days back, my CEO shared this quote that stuck with me till now. With having freedom over my schedule, it is always important to be intentional with my time. While this flexibility allows me to seek constant growth in my career, this quote reminded me that growth will only come when we seek out discomfort and reach for the unknown.

With that, I leave you the above quote and I hope that it inspired you as much as it did for me. Remember, change isn’t risky, but being stagnant is! 💪🏻💪🏻

During finexis Awards Night this July, I had the honour to receive 2 prestigious awards, finexis Elite Class and MDRT Award! 🥳🎉

As my career kicked off right before COVID-19, this was the first time I went on stage to receive my awards, which I was blessed to share with my fellow peers and awardees. I want to thank every single person that I've met along the way - I wouldn't have this opportunity if it wasn't for your trust and support in me.

With that being said, I'm only just getting started on my professional journey! Here's to growing together, and impacting more lives in 2022 and beyond! 😊🥂

Raising a child in Singapore is known to be extremely expensive, but have you thought of how much it costs to deliver your little one? 🐣

Unbeknownst to some, the financial commitment of having a child starts even before they are born. From prenatal check-ups to hospital fees, the cost of delivering a baby can also be quite exorbitant.

If you are planning to welcome a little one into your family, check out this article to read about the financial cost of delivering a baby in Singapore! 🍼👶🏻

What Is The Cost Of Delivering A Baby In Singapore? In Singapore, the cost of delivering a baby can range from less than $1000 at a public hospital, to $15,000 or more at a private hospital.

On the next episode of this month of giving… Mini pottery class!

The past 2 years of COVID have not been easy, yet these precious clients of mine were with me every step of the way. This event was to especially thank those who have stuck with me in my career through thick and thin - I am forever grateful.

With July ending, my gratitude journey doesn’t stop here. Keep a lookout on this page to see what’s stored for you guys! 😉😆

We all know about the strict grading systems in school, but have you ever heard of graded drinks? 🧐🧐

By the end of 2022, Singapore will start implementing a four-level grading system on all pre-packaged beverages categorised by letters A to D, indicating the healthiest to least healthy.

To read more on the grading details and criteria, here is an article that can help you make a more informed choice when buying your drinks! 🧃🥤

Here’s a question for all paw-rents: Have you ever thought of buying pet insurance for your pet?

As a paw-rent, I’m sure this question has at least crossed your mind once. If you have not, it’s time for you to start looking at some pet insurance plans!

Click on this article to find out more about the 4 best pet insurance plans to protect your fur-kids! 🐶🐱

4 Best Pet Insurance Plans in Singapore (July 2022) Medical bills for pets don’t come cheap too. Here are 4 best pet insurance plans in Singapore you should take up to protect your favourite pet.

First event of July - done and dusted!

Thank you to all my clients for participating in my first-ever giveaway and for making this Thor movie event such a successful one. It was great meeting all winners, both familiar and fresh faces!

If you didn’t win this time, fret not. There are still many upcoming activities lined up in the month of July. After all, July is a month of giving! So, buckle up for an exciting month ahead 😆🤩