Personal Finance
The Ultimate Guide: Baby Bonus in Singapore ( Payout, Schedule, CDA)
By Seedly  •  November 10, 2018

S$14,425 is the amount we are looking at, on average when we talk about the cost of delivering a baby.

Cost of giving birth in Singapore

In an attempt to boost Singapore’s birth rates, the government launched The Baby Bonus scheme to encourage more babies amongst Singaporeans.

What is wrong with Singapore’s birth rate?

The number of babies born to Singaporean parents in the year 2017 is one of the lowest Singapore has ever experience.

The fertility rate for Singapore is low, at 1.16 as of the year 2017. The fertility rate is defined as the number of children born per woman.

According to the UN, Population Division, 2.1 children per woman is known as the Replacement-level

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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