Personal Finance
How We Can Make the Government Pay More for Our CPF
By Singapore's Budget Babe  •  September 15, 2015
The issue of CPF was a popular one during elections season raised by many of the opposition parties, especially given how thorny the issue is. Indeed, the CPF system is a painful one. As a fresh graduate earning on $2,500 not too long ago, it was depressing to only get slightly more than $1,800 each month for living expenses. (If you're thinking that should be $2,000 instead, you're right - I actually suspect now that the accounts were incorrect, but back then I wasn't financially savvy enough to flag out my employer for it. Oh well.) So what were the different opposition parties saying about the CPF? I won't go into detail here, but if you're interested, here's a really skeptical breakdown provided by MoneySmart that I like. With the exception of the Workers' Party, I personally think that the rest of the opposition parties got it wrong......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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