Category Archives: Lifestyle

Estate Planning & Wealth Transfer Across Jurisdictions

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Living abroad often makes us focus on the exciting parts of expat life – new opportunities, travel, and career growth. But for expats in Singapore, there’s one area that’s often pushed to the bottom of the to-do list: estate planning.

And here’s the thing: Singapore doesn’t have an inheritance tax, but that doesn’t mean you can skip estate planning. In fact, the international nature of expat life means your assets might be scattered across multiple countries, each with their own tax rules and legal systems. Without a plan, your loved ones could face delays, legal disputes, and even unnecessary taxes.



1. Why Estate Planning Matters for Expats


• Multiple Jurisdictions: Bank accounts in Singapore, property in your home country, investments offshore — each could be subject to different inheritance laws.
• Family in Different Countries: If heirs live abroad, the probate process may be more complex.
• Tax Exposure: Even if Singapore doesn’t tax estates, other countries (including your home country) might tax worldwide assets.



2. Wills: One or Multiple?


• Single International Will: Covers all assets worldwide. Simpler, but may take longer to execute if assets are in multiple jurisdictions.
• Separate Country-Specific Wills: Useful if you have significant assets in countries with complex probate systems (e.g., UK, Australia). These must be carefully drafted to avoid contradictions.
Tip: In Singapore, a will must be signed in the presence of two witnesses (who are not beneficiaries).



3. Understanding Cross-Border Inheritance Laws


• Forced Heirship: In some countries, you can’t disinherit certain relatives, regardless of your will (e.g., France, Spain).
• Community Property: In some jurisdictions, marital assets are split equally regardless of who earned them.
• Domicile Rules: Your domicile can affect how your estate is taxed globally — it’s not always the same as your residency.



4. Using Trusts for Asset Protection & Control

Trusts can:
• Avoid probate (assets transfer directly to beneficiaries).
• Offer tax planning benefits in certain jurisdictions.
• Protect assets for children or vulnerable beneficiaries.

Types relevant to expats:
• Revocable Living Trust: Flexible, but may have less tax benefit.
• Discretionary Trust: Trustees decide how and when beneficiaries receive assets.



5. Don’t Forget Digital Assets

Online bank accounts, cryptocurrency wallets, domain names, cloud storage — all need to be included in your estate plan with clear access instructions.



6. Life Insurance as a Wealth Transfer Tool


• Can be used to equalise inheritances between beneficiaries.
• May provide liquidity to pay taxes in other jurisdictions without selling assets.



7. Keep Your Plan Updated

Review your estate plan when you:
• Move to a new country.
• Buy or sell property abroad.
• Change marital status or have children.


Estate planning isn’t morbid — it’s one of the greatest gifts you can give your loved ones. As an expat in Singapore, you have the unique challenge (and opportunity) to design a cross-border plan that keeps your assets protected and your wishes honoured, wherever life takes you.

How to Talk About Money With Your Partner (Without Causing an Argument)

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Talking about money with your partner can feel… uncomfortable. Even couples who communicate well in every other area often find themselves walking on eggshells when it comes to finances. Whether it’s spending habits, saving goals, or income differences, money can trigger emotions—shame, fear, frustration—that make open dialogue tricky.

But here’s the truth: if you’re in a serious relationship, your financial lives are already intertwined—whether you’re talking about it or not. The good news? Learning how to have calm, constructive money conversations is a skill. And like any skill, it can be learned.

In this guide, we’ll walk through why money talks so often go wrong—and how to make sure they go right.

Why Money Conversations Feel So Personal

Before we dive into how to talk about money, it helps to understand why it’s such a minefield.

Money isn’t just numbers—it’s tied to identity, security, status, childhood experiences, and cultural expectations. That’s especially true for expat couples, where:

  • One partner may earn more than the other
  • One might be unemployed or on a career break
  • You may come from different financial or cultural backgrounds
  • Your family and retirement goals might be in totally different countries

All of this means that financial conversations aren’t just about budgets—they’re about beliefs, values, and long-term hopes.

Step 1: Choose the Right Moment

One of the biggest mistakes couples make? Bringing up money in the middle of a stressful situation—like after a big bill, an unexpected expense, or a disagreement.

Instead, schedule the conversation. Seriously.

Try saying:

“Can we set aside 30 minutes this weekend to go over our finances together? I’d love for us to be on the same page.”

Set yourselves up for success:

  • Pick a calm, neutral time (not when you’re tired or rushing out the door)
  • Leave distractions aside—phones off, TV off
  • Approach it as a shared task, not a confrontation

Step 2: Start With Shared Goals

Before diving into what’s not working, begin with what you both want.

Ask each other:

  • What are our top 3 financial priorities right now?
  • What would we love to achieve in the next 5 years?
  • How do we want to live in retirement?

When couples focus on shared goals—buying a home, funding school fees, building a travel fund—it becomes easier to work as a team. You’re not arguing about expenses; you’re planning a future together.

Bonus tip: Write your shared goals down. They’ll become the anchor for future money decisions.

Step 3: Talk About Money History (Without Judgement)

So many financial disagreements stem from different backgrounds. Maybe you grew up with parents who talked openly about money—and your partner didn’t. Or one of you was raised in a high-debt household, while the other had a strict “save everything” mindset.

These experiences shape how we deal with money as adults.

Ask each other:

  • What did your parents teach you about money?
  • How did you feel about money growing up?
  • What’s one financial habit you wish you could change?

This isn’t about fixing each other—it’s about understanding each other.

Step 4: Be Honest About Income and Spending

Now it’s time to get practical. Lay the numbers out:

  • Income (including bonuses or irregular payments)
  • Monthly expenses
  • Debts or liabilities
  • Savings and investments

It can be nerve-racking to admit things like overspending, debt, or lack of savings—but transparency builds trust. If you’ve been hiding something, this is your chance to come clean. If your partner opens up about something that surprises you, listen before reacting.

If you’re unsure how to begin, try saying:

“I’d like us to both know what’s coming in and going out. Would you be open to going through this together?”

Step 5: Decide on a System That Works for You Both

There’s no one-size-fits-all way to manage joint finances. Some couples combine everything. Others keep things mostly separate and split shared bills.

Fully Combined

All income goes into a joint account. Bills, spending, savings—everything is shared.

Good for: Couples with different incomes or spending habits who still want joint finances & planning.

Partially Combined

Each partner contributes to a joint account (usually proportionally based on income) for shared expenses, while keeping separate accounts for personal spending.

Good for: Couples with different incomes or spending habits who still want financial independence.

Fully Separate

Each partner handles their own money, and shared expenses are split down the middle or as agreed.

Good for: Newer couples, or those who prefer total independence.

Whichever you choose, make sure it’s discussed—not assumed. The goal isn’t fairness by maths—it’s fairness by agreement.

Step 6: Make It a Habit, Not a One-Off

The best way to avoid conflict? Make money talks regular and normal.

Try setting a “money date” once a month:

  • Review your budget or spending
  • Check in on goals (saving for a holiday? Paying off a credit card?)
  • Make decisions together (like increasing investment contributions)

Keep it short and positive—20–30 minutes over coffee or a glass of wine works wonders.

When to Get Help From a Professional

Sometimes, money issues run deep—or you just need a neutral third party to help you build a plan. This is especially true for:

  • Dual-country tax or financial planning
  • Retirement planning across jurisdictions
  • Managing different currencies or property in multiple countries
  • Major lifestyle changes (children, redundancy, relocation, repatriation)

A qualified wealth adviser can help you map out a financial strategy that feels good to both of you—while keeping things calm and constructive.

Money doesn’t have to be a source of tension—it can be a tool for connection. When you talk openly, plan together, and respect each other’s differences, you don’t just avoid arguments—you build a stronger, more resilient partnership.

And remember: you don’t need to agree on everything. You just need to agree on how you’ll disagree—with empathy, honesty, and a plan.

Want help getting on the same financial page as your partner? Let’s sit down together and turn “money talks” into a shared plan for your future.

School Fees, Relocation, and the Hidden Costs of Expat Life (and How to Plan for Them)

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Being an expat often looks glamorous from the outside—high salaries, tropical brunches, and weekend trips to Phuket. But behind the scenes? It’s expensive. And not always in the ways you expect.

While most people prepare for the obvious costs—rent, transport, food—the hidden costs of expat life are what catch many families off guard. School fees, relocations, health insurance, and even the price of flying “home” can add up fast. If you don’t plan for them early, they can quietly erode your savings and leave you feeling financially stuck.

This guide is your financial reality check—and your toolkit—for managing the true cost of life abroad.

The Real Cost of International School Fees

International schools in Singapore offer world-class education—but they come at a serious price. Annual fees often range from SGD 25,000 to SGD 50,000 per child, depending on the school and year group. That doesn’t include:

  • Registration or enrolment fees
  • Uniforms, textbooks, and materials
  • School trips, technology fees, extracurriculars
  • Bus transport or meals

If you have more than one child—or plan to stay abroad long-term—these costs multiply quickly.

What to plan for:

  • Start saving early if you’re paying privately.
  • Consider a dedicated investment account or education savings plan.
  • Factor in inflation—school fees tend to rise 3–6% per year.
  • If your package includes school fees now, think ahead: What happens if your employer stops covering them?

The Price of Moving (and Moving Again)

Relocations aren’t cheap. Even if your company pays for the bulk of your move, you’ll still face:

  • Temporary accommodation and deposits
  • Storage costs
  • Visa and immigration expenses
  • School application fees
  • Admin setup (utilities, transport, mobile plans, furniture)
  • Travel costs for house-hunting or visa runs

And most expats move more than once. You may relocate within Singapore (e.g. upgrading to a bigger flat), or leave for another country down the line. Each move brings another wave of expense.

What to plan for:

  • Build a dedicated “mobility buffer” in your emergency fund (3–6 months of expenses, or more if you move frequently).
  • Keep your financial documents digitised and accessible from anywhere.
  • Maintain accounts or cards in more than one currency to ease transitions.

Hidden Career Costs (Especially for Partners)

For many expat families, one partner’s career takes priority—while the other may pause work, switch industries, or face employment restrictions. This leads to:

  • Lost income and pension contributions
  • Gaps in CVs
  • Limited access to professional networks
  • Increased financial pressure on the main earner

Over time, this has a knock-on effect on retirement savings and long-term financial independence, especially for women.

What to plan for:

  • Talk openly as a couple about joint financial goals and decision-making.
  • Consider building individual investment portfolios or savings accounts.
  • Factor in retraining or requalification costs if the non-working partner plans to return to work later.

Health Insurance Gaps

Singapore has excellent healthcare—but for expats, it’s not free. Without access to public subsidies, private insurance is essential—and expensive.

Many employers offer a basic medical plan, but it may not include:

  • Maternity coverage
  • Dental or optical
  • Pre-existing conditions
  • Mental health support
  • Dependents

And if you change jobs, lose coverage, or move countries, those gaps can become costly quickly.

What to plan for:

  • Review your insurance policy each year—not just for coverage, but also for portability.
  • Consider top-up or international policies for peace of mind.
  • Build a health emergency fund in addition to your main safety net.

The Cost of “Settling In”

Even if your relocation is covered, everyday life setup can be pricey:

  • Furniture and appliances
  • Car purchase or lease
  • School uniforms and supplies
  • Club memberships or activities
  • Replacing items left behind (like winter clothes)

Many expats underestimate this “soft landing” cost, which can run into thousands in just the first few months.

What to plan for:

  • Budget realistically—not just for the move, but for the first year.
  • Create a checklist of one-time vs recurring costs.
  • Don’t forget smaller items (like SIM cards, local bank fees, or childcare).

Home Leave and Family Travel

Visiting home is a must for most expats—but flights during holidays can be eye-wateringly expensive. Add in:

  • Accommodation (if you’re no longer a guest at your parents’ place!)
  • Travel insurance
  • Meals, gifts, and spending money
  • Pet boarding or travel costs
  • Missed workdays or unpaid leave

Multiply that by how many times a year you plan to go back—and then again for major life events like weddings, funerals, or emergencies.

What to plan for:

  • Start a “home leave” savings pot.
  • Book early to take advantage of flight deals.
  • Consider travel insurance that covers cancellations and health overseas.

Tuition for University Abroad

For many expat families, it’s not just school fees in Singapore—it’s also university abroad, often in the UK, Australia, Canada, or Europe.

Tuition fees for international students are significantly higher than for residents. And that’s before you add:

  • Accommodation
  • Flights
  • Visas
  • Health insurance
  • Living expenses

What to plan for:

  • Use long-term investments to grow your education fund.
  • Explore the pros and cons of keeping assets in your home country versus Singapore.
  • Plan well in advance—university costs can be forecast and planned for over 10+ years.

Putting It All Together: How to Plan for the Hidden Costs

To stay on top of these hidden costs, build your financial plan around three key pillars:

1. Short-Term Buffer (0–2 years)

  • Emergency fund
  • Moving and relocation
  • Health insurance gaps
  • Home leave

2. Mid-Term Goals (3–7 years)

  • School fees
  • Housing upgrades
  • Career transitions
  • Family support

3. Long-Term Wealth (7+ years)

  • Retirement
  • University tuition
  • Repatriation
  • Property purchases

Each pillar needs a mix of savings, investments, and insurance. And you’ll want to review regularly as your expat journey evolves.

Expat life is exciting, full of growth and adventure—but it’s not cheap. The most financially confident expats are the ones who expect the unexpected. They plan ahead for school fees, moving costs, and long-haul flights—not just the day-to-day expenses.

With the right plan, these costs don’t have to derail your goals—they just become part of the strategy.

Worried about school fees, moving again, or how to juggle it all financially? Let’s build a plan that makes your expat life sustainable, not stressful.

How to Financially Prepare for a Career Break (Without Ruining Your Long-Term Goals)

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Taking a career break is becoming increasingly common among expats—whether it’s to care for children, support a partner’s relocation, recharge mentally, study, or travel. But while a pause in your career might sound appealing (or necessary), the financial implications can be significant if you don’t plan ahead.

The good news? You can take time out without derailing your retirement or long-term financial wellbeing. It just requires forethought, structure, and a few key strategies.

Here’s how to financially prepare for a career break the smart way.

Why Career Breaks Are More Common for Expats

In the expat world, career breaks often aren’t “planned”—they happen because of external pressures:

  • A spouse is relocated, and you don’t have a job lined up.
  • You’ve moved countries frequently, and it’s time to reset.
  • Childcare or schooling makes full-time work unsustainable.
  • Burnout hits hard after years in high-pressure roles.

Whatever the reason, stepping back from work can feel liberating—but also unsettling if you’re used to earning, saving, and investing consistently.

The Financial Risks of a Career Break

Without proper planning, a career break can:

  • Disrupt your savings habit.
  • Erode emergency funds.
  • Delay retirement planning or pension contributions.
  • Leave you uninsured or underinsured.
  • Affect your financial identity, especially if you pause for multiple years.

That’s why it’s essential to treat a career break not as a spontaneous exit—but as a financial transition that requires its own plan.

Step 1: Set a Clear Time Frame

Are you stepping away for six months? A year? Indefinitely?

Being honest about the expected duration helps shape every other financial decision:

  • Short-term break (under 1 year): You might lean on cash reserves and pause contributions temporarily.
  • Medium-term break (1–3 years): You’ll want a more structured drawdown strategy and investment plan.
  • Open-ended break: Time to think seriously about sustainability, protection, and long-term income planning.

Even if plans change, having a clear starting assumption helps anchor your budgeting.

Step 2: Build a Dedicated “Career Break Fund”

Just like you’d save for a house deposit or holiday, you should save specifically for your time off.

Your fund should cover:

  • Essential living costs (rent, groceries, utilities)
  • Personal expenses (insurance, transport, phone, etc.)
  • Family or child-related costs
  • Discretionary spending (travel, hobbies, lifestyle)
  • One-off costs (moving expenses, visas, study fees)

Use your current monthly expenses as a baseline, then multiply by the length of your planned break. Add a 10–15% buffer for good measure.

Example

If your monthly costs are S$7,000 and you’re planning a 12-month break:

S$7,000 × 12 = S$84,000

Add buffer: + S$8,400

Total target: S$92,400

Start building this fund before you step away—ideally over 12–24 months, depending on your timeline.

Step 3: Reduce Financial Leakage

One of the best ways to stretch your career break fund is to lower your monthly outgoings.

Before you stop working, review:

  • Subscription services: What can you pause or cancel?
  • Housing costs: Could you renegotiate rent or downsize?
  • Debt repayments: Can you clear high-interest loans before the break?
  • School fees: Do you have flexible payment plans in place?
  • Lifestyle extras: Dining out, gym memberships, shopping habits—can these be pared back temporarily?

Cutting just 10–15% of your monthly spending can extend your time off without touching your investments.

Step 4: Protect Your Future Self

This step is often overlooked—but it matters hugely.

When you’re not earning, you’re also:

  • Not contributing to retirement savings.
  • Not building your investment portfolio.
  • At risk of losing insurance coverage (especially employer-provided).
  • Exposed to health or life shocks without backup.

Here’s what to do:

  • Keep essential insurance in place: Health, life, critical illness and income protection (if available).
  • Continue investing if you can—even small amounts to avoid stopping entirely.
  • Use options like SRS if you have taxable income before the break begins.
  • If you’re planning to re-enter the workforce, stay professionally connected to avoid an uphill climb later.

Your future self will thank you.

Step 5: Plan Your Re-Entry Early

While it might seem premature, it’s wise to think about your return to work before you step away—especially if you’re taking more than a year.

Consider:

  • How long will it take you to find a job again?
  • Will you return to the same industry or pivot?
  • Do you need to upskill or study during your break?
  • Is your professional network still active?

Having a clear re-entry strategy helps you budget more accurately, stay motivated, and avoid letting a short break turn into an unplanned long-term exit.

Bonus: If You’re a Trailing Spouse

Many career breaks among expats happen because one partner is relocated, and the other presses pause.

This can be deeply rewarding—but also emotionally and financially challenging.

Tips for trailing spouses:

  • Open individual bank/investment accounts to maintain autonomy.
  • Keep up with pension contributions if possible (e.g. UK National Insurance voluntary contributions).
  • Stay engaged—freelance, consult, or upskill if time allows.
  • Create your own financial plan, not just one merged with your partner’s.

Independence doesn’t have to mean separate everything—but it does mean knowing where you stand.

What Not to Do

A few common pitfalls to avoid:

  • Don’t assume you’ll “just figure it out” month to month—have a plan.
  • Don’t rely solely on your partner’s income without reviewing your joint financial plan.
  • Don’t liquidate long-term investments unless absolutely necessary—plan withdrawals carefully.
  • Don’t ignore your mental health—financial planning is part of your self-care, too.

Career breaks can be beautiful, powerful, transformative chapters. But they work best when they’re intentional, not reactive.

With a smart savings strategy, the right protection in place, and a clear path back—you can take time off without compromising your financial goals.

Thinking about a career break? Let’s build a financial strategy that supports you now and sets you up for success when you’re ready to return.

Leaving Singapore? Here’s What to Do With Your Investments Before You Go

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If you’re an expat in Singapore and you’re planning your next move—whether it’s heading home, relocating for work, or embracing a new adventure—there’s one area that often gets overlooked: your investments.

Unwinding your financial life here isn’t always simple. Done well, it can leave you in a stronger position than ever. Done poorly, and you could face losses, tax issues, or missed opportunities.

Here’s what you need to consider.

1. Map Your Investment Landscape

Start by taking stock of everything you hold:

  • Singapore-based investments – Unit trusts, SGX stocks, local portfolios.
  • Foreign assets – Property or investments overseas.
  • Retirement schemes – Including any employer-provided funds or SRS accounts.

Knowing what you own—and where—is the foundation for planning your exit.

2. Understand the Tax Implications

Singapore’s tax system is attractive, but once you leave, things may change:

  • Your tax residency ends once you stop working or living in Singapore.
  • If you’re moving to a higher-tax country, capital gains may become taxable.
  • Selling investments before leaving may be more tax-efficient.

A tax-smart exit can save you thousands.

3. Review Your SRS Account

If you’ve contributed to the Supplementary Retirement Scheme (SRS):

  • You can keep the account open after leaving.
  • Withdrawals after retirement age are taxed at 50%.
  • Early withdrawals may face 24% tax for non-residents, plus a 5% penalty.

Get personalised advice to assess if you should access funds now or later.

4. Decide What to Keep and What to Close

Not all accounts travel well.

Keep:

  • Digital-first platforms with global access.
  • Low-fee accounts with flexibility.
  • Structures aligned with future estate planning.

Close:

  • Local-only access platforms.
  • Dormant or high-fee accounts.
  • Banks or brokers that require Singapore residency.

Check provider policies—some accounts may be closed automatically if you change residency. Be sure this aligns with your tax-efficient goals; some accounts may be easy to access overseas, but have terrible tax treatment in other jurisdictions.

5. Watch Your Currency Exposure

If your portfolio is mostly in SGD and you’re moving to a different currency zone:

  • Rebalance to match your future currency needs.
  • Consider platforms offering multi-currency options.
  • Review hedging strategies if appropriate.

Currency misalignment is one of the most common expat pitfalls.

6. Consider Cross-Border Estate Planning

Different countries mean different inheritance rules.

  • Does your will cover your Singapore-based assets?
  • Is your investment structure tax-efficient in your new country?
  • Are you exposed to estate or inheritance tax?

For example, UK tax-residing individuals may face inheritance tax globally, even on Singapore investments.

7. Simplify and Consolidate

Leaving accounts scattered around the world leads to:

  • Administrative headaches
  • Confusing reporting
  • Missed rebalancing opportunities

Where possible, consolidate for clarity and efficiency—but do it within compliant, tax-efficient boundaries.

8. Don’t Delay Getting Advice

You have a limited window before your departure to make strategic decisions.

  • You may benefit from tax-efficient rebalancing.
  • You can simplify your structure while still on familiar ground.
  • You’ll feel more confident knowing everything is in order.

Look for an adviser who understands cross-border planning—not just Singapore rules, but the impact in your next destination too.

Leaving Singapore is more than just packing your bags—it’s a key opportunity to reset your financial future.

By taking a few thoughtful steps now, you can avoid complications, preserve more of your wealth, and start the next chapter with confidence.

Need a second opinion before your move?

Book a complimentary consultation to make sure your investments are ready for your next destination.

Unlock Massive Savings! How the ENTERTAINER App Can Cut Your Daily Lifestyle Expenses in Half

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As many of you may know, I’ve been using the ENTERTAINER app for a while now, because I love finding ways to save on everyday activities! Although I’ve mainly been using the app for restaurants, the ENTERTAINER is crammed full of merchants that you can try, all the way from salons to days out and even gyms and fitness locations!

In today’s article, I really want to share how you can use the ENTERTAINER as a tool to make huge savings, regardless of your lifestyle or interests. It saves you from downloading various apps for different discounts and scouring the Internet! I thought I’d mention a few of the outlets that I enjoy, some new places you can try, and the kinds of discounts, that you’ll be looking at saving!

Food

I thought I’d start off with food, as it’s the main reason many purchased the ENTERTAINER app, and the platform is chock-a-block, full of restaurants, casual dining, cafés, and even food outlets that you can try. 

I’m quite often in the CBD, whether that’s throughout the day at the office or after work, meeting friends or clients for drinks or dinner. So, a great option for me is Santi’s Pizza in Telok Ayer. This restaurant specialises in alfresco cuisine, especially pizzas, and pastas! My friend and I went here for dinner, and on the ENTERTAINER app, you can get one for one pizza or pasta, which was absolutely delicious! The saving came to just over $20.

If you’re looking for a deal that really has that wow factor, I would recommend Panmericana. This restaurant, located in Sentosa, is perfect if you’re looking for somewhere with a fantastic view, and you want to treat yourself a little bit! What I love about this deal with the app is that you’re basically getting a steak for free; either a rump cap, or a ribeye when you purchase one, with a saving of about $68! I think, considering the location and the quality of the food, that’s an absolute steal!

I also think it would be great to highlight that the ENTERTAINER is not only 1-for-1 deals on food, but also on drinks. For example, I quite often go to Ice Cold Beer on Emerald Hill; a lot of my teammates from the dragon boating community like to hang out there because it’s a chill and fun vibe. Using the ENTERTAINER app, you can get one for one on house bottles of wine, which brings your approximate savings to $70. There are tons of bars and hang out spots available on the app, so check it out and have a look around because I’m sure there is something that you’ll like.

Beauty

The ENTERTAINER has an increasing number of beauty salons for facials, spas and manicures. For example, Paint Shoppe in the east is great because you can get an express gel manicure and get one free, with a saving of $48. What I like about these kinds of sessions is you can either go with a friend, so that means either treating them, or going halves on the cost of one manicure, or saving it for yourself for next time. I think that’s a great perk that the ENTERTAINER app offers, because if you do want to enjoy multiple treatments for yourself, you can do.

Fitness

As some of you may know, I’ve been on a bit of a health kick over the past year or so and having access to various gyms and classes across the city makes that all the more easy for me. I love variety in my workouts, and I also love working out with a friend. That’s why I think being able to use the ENTERTAINER in this way motivates me, even more in my fitness journey, with the added benefit of saving money. 

Me personally, I love a spin class, so I would highly recommend R1OT or Ground Zero, as you can get buy one get one free on spin classes, for saving of about $45. That means, you can either go with a friend, and pay $22.50 each, which is an absolute steal for a spin class, or you can utilise it goes for yourself over two sessions.  If you’re not interested, there are tons of other options on the app such as yoga and Pilates.

There’s a few more sections on the app that I can’t wait to try, such as fun activities and I noticed that they are even offering savings on hotel stays. Another great thing that you can do as well as sharing deals, is sharing access to the app itself, with being able to add up to 3 members on your app.

The ENTERTAINER is a great way that you, your family and friends and make huge savings to your lifestyle, whether you prefer going out for a working lunch, a coffee, catch up, a date night, but also, if you’re into getting your nails done, treating yourself to a massage, or trying a new gym class.

The ENTERTAINER has been kind enough to offer me a promo code for everyone reading this post, listening to my podcast episodes and viewing my social media content. Use the promo code DANNI20 to save $20 on purchasing membership. You just need to add this promo code at checkout.

Checkout [theentertainerme.com]

Happy exploring and saving using the ENTERTAINER app! 

Dealing with Financial Challenges During Unexpected Life Events

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Whether it’s losing a job, facing health issues, or managing family emergencies abroad, these situations can be overwhelming—especially when you’re far from home. But don’t worry, today we’ll explore practical strategies to help you stay afloat financially during tough times, right here in Singapore.

Recognising the Reality

Living abroad offers incredible experiences, but it also comes with uncertainties. Unexpected events—like job loss, health crises, or family emergencies—can hit hard financially. The key is to prepare and respond calmly. Remember, you’re not alone, and there are steps you can take to navigate these challenges effectively.

Immediate Steps to Take

First, when faced with an unexpected crisis, prioritise understanding your situation:

  • Assess your finances: Know your current savings, income, and expenses.
  • Identify immediate needs: Medical bills, rent, groceries.
  • Stay calm: Panic can lead to poor decisions.

Next, act swiftly:

  • Contact your employer or HR department if you’re jobless—sometimes there are severance packages or support schemes.
  • Seek medical assistance by understanding your insurance coverage. If this was through work, maybe now is the time to look at purchasing private insurance.
  • Notify your family or emergency contacts—they can provide emotional support and guidance.

Financial Safety Nets & Support in Singapore

Personal Savings: Ideally, aim to have at least 3-6 months’ worth of living expenses saved. This buffer is invaluable during unexpected events.

As there are very few schemes & assistance available to expats in Singapore, self-reliance and personal financial planning is incredibly important.

Managing Job Loss or Income Disruption

Losing a job in Singapore—especially as an expat—can be daunting. Here’s what you can do:

  • Review your employment contract and understand your rights—such as the notice period and severance pay.
  • Leverage your network: Reach out to contacts or recruiters; Singapore has a vibrant job market.
  • Update your resume and online profiles like LinkedIn.
  • Consider part-time or freelance work if feasible. Usually, this is only for those on a DP with LOC/ LTVP+, or someone who can spend the time setting up their own company in Singapore.
  • Explore retraining opportunities: You can explore courses through various platforms, such as LinkedIn, which can help you upgrade your skills during this period.

Dealing with Health Issues

Health crises can be costly and stressful:

  • Use your health insurance efficiently: Know what’s covered.
  • Seek assistance from clinics and hospitals: Singapore has excellent healthcare, but costs can add up.
  • Access community resources: Support groups or expat communities often share helpful advice.
  • Maintain a healthy lifestyle: Preventative care reduces long-term costs.

Handling Family Emergencies Abroad

Family emergencies—whether in your home country or elsewhere—can be emotionally taxing. To handle financially:

  • Coordinate with family members for support or to share costs.
  • Use remittance services wisely: Platforms like TransferWise, OFX or local banks facilitate quick, low-cost transfers.
  • Check your insurance coverage for family emergencies—some plans include repatriation or emergency medical coverage.

Long-Term Planning & Resilience

While these are immediate steps, long-term resilience is key:

  • Build an emergency fund consistently.
  • Diversify income sources: with things like rental income & investments.
  • Regularly review your financial plan—adjust as your situation changes.
  • Stay informed: Follow local news, government advisories, and community updates.

Remember, unexpected life events are challenging, but with preparation and the right approach, you can navigate them more smoothly. In Singapore, a robust safety net, combined with proactive planning, can help you weather any storm.

If you’re facing a crisis, don’t hesitate to seek help—whether from your employer, community organisations, or financial advisors. You’re not alone in this journey.

Saving for Big Goals: Housing, Travel, and Retirement

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The Singaporean Financial Landscape

Singapore is known for its strong economy, high living standards, and, of course, its high property prices. While this presents opportunities, it also means planning is essential. The cost of housing can be a significant hurdle, and with the high cost of living, saving for travel and retirement requires smart strategies.

But don’t worry—by understanding your financial landscape and setting clear goals, you can make steady progress. Let’s look at some strategies tailored for those living in Singapore.

Saving for Housing

First up, housing—probably the biggest financial goal for many. First, define your property goals—are you looking for a holiday home, an investment property, or a future residence? Once clear, establish your budget, considering factors like property prices, taxes, and ongoing costs in your target country. Since Singapore offers a stable financial environment, many expats set up dedicated savings accounts or investments specifically for property purchases abroad. Automating monthly transfers helps in disciplined saving, and some opt for foreign currency accounts to hedge against currency fluctuations.

Buying property overseas involves currency considerations. Expats should monitor exchange rates and consider options like forward contracts or currency hedging to lock in favorable rates, minimising risks associated with currency fluctuations.

Thorough research is vital. Understand the legal requirements, taxes, and restrictions for foreign buyers in your target country. Don’t forget to save for additional costs such as stamp duties, legal fees, and ongoing maintenance. Also, explore financing options—some countries offer mortgage options to foreign buyers, but terms vary.

Saving for Travel

Travel is a wonderful way to experience the world, and us who live in Singapore love exploring nearby countries. To fund travel adventures, here are some tips:

1. Set a dedicated travel fund:
Open a separate savings account for travel. Automate monthly transfers as soon as you receive your income.

2. Use the 50/30/20 rule:
Allocate 50% of your income to essentials, 30% to lifestyle and leisure—including travel—and 20% to savings and investments.

3. Find ways to cut costs:
Look out for travel deals, off-peak discounts, and credit card rewards. Use cashback and points to offset expenses. I recently have been using the ENTERTAINER app, which is great for savings!

4. Save consistently:
Even small amounts add up over time. The key is consistency—make saving for travel a non-negotiable monthly habit.

5. Plan ahead:
Book flights and accommodations early to benefit from lower prices. Having a clear plan helps you prioritise savings.

Saving for Retirement

Retirement might seem far off, but the earlier you start saving, the better. Those in Singapore have several options:

Maximising CPF contributions: Those that have gained PR or even Citizenship can contribute to CPF. Your CPF Special Account offers higher interest rates—up to 5%—and is ideal for retirement savings. 

Supplement with voluntary contributions: Open a Supplementary Retirement Scheme (SRS) accounts for additional tax benefits and investment options.

Invest for growth: Don’t rely on government schemes for retirement funds; grow your retirement nest egg through personal investments.

Set clear retirement goals: Estimate how much you need, considering inflation and lifestyle expectations. I do a very detailed plan based on current lifestyle assumptions for my clients and factoring in inflation.

Review and adjust: Regularly review your retirement plan and adjust contributions as your income grows or circumstances change.

Integrating Your Savings Strategy

All these goals require a coordinated approach. Here are some tips to keep everything on track:

  • Create a comprehensive financial plan: Define your priorities, timelines, and target amounts for each goal.
  • Automate your savings: Set up automatic transfers to different accounts to avoid temptation.
  • Monitor progress regularly: Use apps or spreadsheets to track your savings and adjust as needed.
  • Stay disciplined: Avoid lifestyle inflation—just because your income increases doesn’t mean your savings should decrease.
  • Seek professional advice: Consider consulting a financial planner familiar with Singapore’s landscape for personalised strategies.

Living in Singapore offers many opportunities but also presents unique challenges for saving for big goals. With clear planning, disciplined savings, and leveraging available tools like CPF and investment schemes, you can turn your dreams—whether it’s owning a home, traveling the world, or retiring comfortably—into achievable milestones.

Maximising Savings with the ENTERTAINER App: A Week of Delicious Deals in Singapore

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As a finance and lifestyle blogger here in Singapore, I’m always on the lookout for ways to enjoy the city’s best offerings without breaking the bank. One tool that has truly transformed my dining and entertainment experiences is the ENTERTAINER app. With its extensive range of 1-for-1 deals and discounts across restaurants, cafes, and lifestyle venues, it’s a game-changer for savvy savers like me.

What is the ENTERTAINER App?
The ENTERTAINER app is a digital membership that offers exclusive 1-for-1 deals and discounts at numerous merchants in Singapore. It’s incredibly user-friendly—simply browse the deals, search by location or category, and redeem instantly. One of my favourite features is the map search function, which helps me find nearby deals effortlessly—perfect for spontaneous outings or planned dinners. You can check out their website here: https://www.theentertainerme.com/ where you can see all the great merchants they work with! Recently, the price has been reduced: It’s only $72. So essentially you could save double what I “paid” for it!

Deals Available & What I Love About the App
From local hawker-style eateries to fine dining restaurants, the app covers a wide spectrum. I love how the app not only provides great discounts but also allows me to try new places I might not have considered before. Plus, most merchants are familiar with how to use the app, making redemption seamless.

A Week of Savings in Singapore
Here’s a quick rundown of my experience this week using the ENTERTAINER app:

Monday:

  • Poke Theory at Raffles Place
    BYO Pokebowl (Tuna, Chicken, Tempeh) at SGD 17.50 each. I shared this with a colleague, so we split the cost—saving half.

Tuesday:

  • Poke Theory again
    This time, with a drink included, the bowl still at SGD 17.50, plus an additional deal for 1-for-1 mains at Sichuan Alley, Telok Ayer. My friend and I enjoyed home-style mashed pea noodles and braised pork rib noodles. The total bill was SGD 28, but with the deal, I got the cheaper dish free—saving SGD 13.80. I also noticed Sichuan Alley offers cocktail deals through the app, which I’m eager to try next!

Wednesday:

  • Dinner at Harry’s, Boat Quay
    A 1-for-1 mains deal meant I enjoyed a delicious salmon dish while my client had chicken. Total savings: SGD 21.83.

Thursday:

  • Back to Poke Theory
    This time, I added a snack pack of almonds (my colleague got cashews). Over three visits, I saved a total of SGD 57.13—amazing value for consistent dining!

Friday:

  • Quentin’s The Eurasian Restaurant, Ceylon Road
    My husband and I tried this place on a whim as it was a different cuisine that we both hadn’t had in a long time. We ordered several dishes—prawn curry, fish bostador, and a meaty cutlet—some under the 1-for-1 mains deal. Our total savings: SGD 28.02. The food was fantastic, and I didn’t expect such a feast!

Sunday:

  • Stirling Steaks, East Coast Road
    I am normally not in the mood for ‘western food’, but my husband & I decided that we will go on the hunt for a really good steak! Both of us enjoyed perfectly cooked sirloin steaks with fries and a garden salad. Total savings here: SGD 21.83. The steak was so good—I can’t wait to go back! I also noticed that they do a steak buffet & have a speakeasy upstairs, so that would be cool to try.

Total Savings for the Week: SGD 148.46

Why I Recommend the ENTERTAINER App
This week’s experience highlights how easy and rewarding using the ENTERTAINER app can be. It complements my previous posts about saving money in Singapore, proving that with a little planning, you can enjoy a variety of amazing places while keeping your budget in check. The app’s user-friendly interface and the familiarity of merchants with how to use it mean redemption is quick and hassle-free.

Whether you’re a foodie, a coffee lover, or someone who enjoys exploring new entertainment venues, the ENTERTAINER app makes it simple to try new places and save big. It’s a fantastic way to make the most of Singapore’s vibrant dining scene without overspending.

I haven’t even explored the other options available on the app, like massages, treatments and manicures. As a foodie, I’ve mainly been focusing on the restaurant deals, but for experiences & treatments, this app is great too!

Final Thoughts
If you’re looking to stretch your dollar and enjoy Singapore’s best offerings, I highly recommend giving the ENTERTAINER app a try. My week of savings shows just how much you can enjoy—SGD 148.46 saved in just seven days! Whether for casual meals, special date nights, or catching up with friends, this app is a must-have for any budget-conscious person in Singapore.

Happy saving and dining!

(Don’t forget: You can check out their website here: https://www.theentertainerme.com/ where you can see all the great merchants they work with! Recently, the price has been reduced: It’s only $72. So essentially you could save double what I “paid” for it!)

And I’m very excited to announce that I have a discount code – DANNI20 – for $20 off for my readers! You just need to add this promo code at checkout.

Checkout [theentertainerme.com]

Cost of Living Comparison: Singapore vs. Other Expat Hotspots

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As an expat in Singapore, it’s natural to compare the cost of living here with other popular expatriate destinations. Singapore is often lauded for its high standard of living, safety, and excellent infrastructure, but it also comes with a hefty price tag. In this article, we will analyse how Singapore’s expenses stack up against other expat hotspots like Hong Kong, Dubai, Sydney, Bali, and London. *** The Aussie dollar fluctuates constantly in comparison to SGD, so a lot of these conversions are general from AUD to SGD. When I moved to Singapore, it was one for one, but as of today, SGD 1 is equivalent to AUD 1.20.

1. Housing Costs

Singapore: Housing can be one of the most significant expenses for expats. Depending on the location and type of accommodation, monthly rents for a two-bedroom apartment can range from SGD 2,500 (although I’m seeing less on this price range) to SGD 5,000 in popular districts.

Hong Kong: Often regarded as one of the most expensive cities globally, housing in Hong Kong can be even pricier than in Singapore. A similar two-bedroom apartment in central areas can cost upwards of HKD 30,000 (approximately SGD 5,200).

Dubai: In contrast, Dubai offers more affordable housing options. A two-bedroom apartment in a desirable area may range from AED 7,000 to AED 12,000 (approx. SGD 2,400 to SGD 4,200).

Sydney: The rental market in Sydney is competitive, with costs ranging from AUD 2,500 to AUD 4,000 (approx. SGD 2,400 to SGD 4,800) for a two-bedroom apartment in the city centre.

Bali: Bali stands out as a budget-friendly option. A two-bedroom villa can be rented for as low as IDR 6,000,000 to IDR 12,000,000 (approx. SGD 570 to SGD 1,140), making it an attractive option for expats seeking affordability.

London: Housing in London can be steep, particularly in central areas where a two-bedroom apartment can range from GBP 2,500 to GBP 4,000 (approx. SGD 4,500 to SGD 7,200).

2. Transportation

Singapore: The public transport system in Singapore is efficient and affordable. A monthly use of public transport costs around SGD 120, while taxis and rideshare services are readily available.

Hong Kong: Similar to Singapore, Hong Kong has an excellent public transport system. A monthly pass costs around HKD 600 (approx. SGD 102), making it comparably priced.

Dubai: Public transport options in Dubai are limited compared to Singapore and Hong Kong, but the metro system is expanding. A monthly pass costs AED 300 (approx. SGD 110).

Sydney: Sydney’s public transport system can be expensive, with monthly costs around AUD 200 (approx. SGD 200).

Bali: Transportation in Bali is typically by scooter or car rental, with costs being relatively low. A scooter rental can average around IDR 1,000,000 (approx. SGD 95) per month.

London: The cost of public transport in London can be higher, with a monthly pass costing around GBP 150 (approx. SGD 270).

3. Groceries and Dining Out

Singapore: Grocery prices in Singapore can be higher than in many countries, with a monthly grocery bill averaging around SGD 400 to SGD 600. Dining out ranges from SGD 5 for a local meal (in local hawker centres) to SGD 100 or more for nicer restaurants or fine dining, and in the SGD 200 and above price point for buffets.

Hong Kong: Groceries can be slightly more expensive than in Singapore, averaging around HKD 3,000 (approx. SGD 510) per month. Eating out can also be pricey, with meals ranging from HKD 50 to HKD 1,000 (approx. SGD 8.50 to SGD 170).

Dubai: Grocery prices are relatively affordable, averaging around AED 800 (approx. SGD 300) per month. Dining out can vary widely, with local meals costing AED 30 (approx. SGD 11) and upscale dining ranging much higher.

Sydney: Groceries in Sydney can be similar to Singapore, costing around AUD 600 (approx. SGD 600) monthly. Dining out can be pricey, with local meals averaging AUD 25 (approx. SGD 25).

Bali: Grocery costs are significantly lower, averaging around IDR 2,000,000 (approx. SGD 190) per month. Dining out is also economical, with local meals often costing less than SGD 5.

London: Grocery prices in London can be high, with average monthly costs of GBP 300 (approx. SGD 540). Restaurant meals can range from GBP 10 to GBP 100 (approx. SGD 18 to SGD 180).

4. Healthcare

Singapore: Healthcare in Singapore is of high quality, but costs can add up. A typical health insurance plan for expats can be around SGD 3,000 to SGD 6,000 per year.

Hong Kong: Healthcare costs are comparable, with expats typically spending around HKD 30,000 (approx. SGD 5,100) annually for health insurance.

Dubai: Healthcare costs are generally lower, with health insurance averaging around AED 8,000 (approx. SGD 3,000) annually.

Sydney: Healthcare can be more expensive, with health insurance plans costing around AUD 2,000 to AUD 3,000 (approx. SGD 2,000 to SGD 3,600) yearly.

Bali: Healthcare is affordable, but quality can vary. Expat health insurance plans may range from IDR 2,000,000 to IDR 5,000,000 (approx. SGD 190 to SGD 480) annually.

London: Healthcare is often covered by the NHS for residents, but private health insurance can range from GBP 1,000 to GBP 2,000 (approx. SGD 1,800 to SGD 3,600) annually.

In conclusion, while Singapore is one of the more expensive cities for expats, it offers a unique blend of quality of life, safety, and cultural diversity. Housing costs are a significant factor, especially when compared to cities like Dubai and Bali, which offer more affordable options. Transportation and healthcare costs are relatively competitive, but groceries and dining out can add to your monthly budget.

Ultimately, the best choice for an expat depends on personal priorities, lifestyle, and financial situation. Each city has its own unique advantages, and understanding the cost of living in relation to those factors is crucial for making an informed decision.