Personal Finance
CPF Hacks To Give Your Child A Headstart
By Seedly  •  October 15, 2019

Remember how much it costs to raise a child in Singapore?

Even though it’ll be amazing if everyone can be financially independent once they start working, that is usually not the case as we’ll all need some time to build our wealth.

Source: giphy

That’s why it’s a common phenomenon for us to purchase endowment plans or invest for our children. At the end of the day, we want to make sure that we can provide for and support for our children.

Even for those of you who are not married or have no children yet, I’m sure the thought has crossed your mind when you’re planning with your partner.

In fact, some parents are even looking into topping up their children’s CPF accounts to give them a headstart in life.

When Can You Start Topping Up Your Child’s CPF Accounts?

Did you know, you can actually

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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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