#moneyplaybook

Consumers see banks jazz up loyalty rewards, travel deals for endemic era What does the new normal entail for consumers? More rewards redemption options, air miles that never expire, and travel deals that include PCR tes…

Before you take the plunge into property . . . Property will likely continue to hold its place in some retirement nest eggs. But in today's climate, it would pay to do your sums more carefully and consider overlooked ris…

Never too young to draw up an estate plan The process is also evolving, with a new trust to distribute CPF savings. #moneyplaybook bt.sg/o4zV For more of Money Playbook, go to bt.sg/moneyplaybook

How to stop personal debt from snowballing What makes a sustainable debt reduction strategy? One charity scheme nudges debtors into 'savings mode' more quickly with helpful principles to stop the spiral. #moneyplaybook b…

Insurance via bite-sized premiums: tasty appetiser, but not a full meal Entry is cheap and easy, but may not be enough for those with an immediate need to close protection gaps of a certain size. #moneyplaybook For more…

Buy now, pay later: just how risky is it for consumers? It doesn't help that spending habits are worrisome; about 38 per cent of millennials surveyed said that they only pay the minimum sum for their credit card bill, wh…

Social media and investing: what influencers may not tell you Making investments based off an influencer's stock picks synced to a Doja Cat tune on TikTok. Holding on to short-squeeze stocks because anonymous Reddit user…

Young, raring to go - and time to start prepping for retirement 3 in 4 Singaporeans are behind on retirement plans; start young to benefit from the power of compounding. #moneyplaybook bt.sg/4t9j For more of Money Playbo…

Saving too much for rainy day can dampen retirement At an estimated annual inflation rate of 2.5%, S$50,000 saved in banks over 20 years would lag inflation by 35%; investors should focus on a diversified mix of financia…

The smart way to grow your money As people live longer and face more unprecedented crises, it is key to start financial planning upon joining the workforce to prepare for their sunset years. #moneyplaybook bt.sg/4jHN

What rising long-term bond yields mean for investors US Treasury yields are seen as an indicator of investor confidence on economic prospects. #moneyplaybook bt.sg/4jsg For more of Money Playbook, go to bt.sg/moneyplaybo…

As rates rise, what should consumers watch for in their mortgages? Interest rates are gradually creeping up from rock-bottom levels; home buyers and investors should be prudent when it comes to their property purchases.…

How to play your (credit) cards right Use banking apps to set limits and always pay the full sum owed to avoid debt traps and maximise your rewards. #moneyplaybook bt.sg/4VsZ For more of Money Playbook, go to bt.sg/money…

How NFT mania is a lesson on speculation While there are some use cases for non-fungible tokens (NFTs), their eye-watering prices - think US$2.5 million for Twitter CEO Jack Dorsey's first tweet - have raised warning sig…

Investors need to stay alert to what SPACs can offer A new wave of blank-cheque companies should prompt basic questions: why invest, and who stands to gain? #moneyplaybook bt.sg/4HrQ For more of Money Playbook, go to bt.…

ICYMI: Our new personal finance column, Money Playbook, aims to explain and demystify ways that Singaporeans can go about planning their finances. Financial planning seems daunting to many in Singapore - we'd like to mak…