Author: SimplyJesMe

Cost of raising a child in Singapore

Time really passes fast, my baby is now 15 months old! It seems just yesterday I was writing about my first trimester. With mounting family expenses. I am keen to find out how much I have spent for my pregnancy and all related expenses. Besides my prenatal and delivery cost, there are also other expenses. Let’s find out the approximate first year cost of raising a baby in Singapore. Previously, I have wrote about the 20 things you need to buy before baby’s arrival. The expenses is less than $1,200 for me. What about the daily expenses? These are the 5 main areas that is the...

Read More

Best business account for Start-Ups and SMEs

I am on an investigative mood nowadays. After comparing the prices of diapers, milk powder, Integrated Shield Plans and kids’ savings accounts, I am now trying to find out the best business account for my own business, SnackFirst Why do we need a business acount? This is the top question especially for companies with only 1 person, aka One Man Show. The obvious reason is because we need to separate our personal and business finances. This is to ensure accountability and tracking of your finances. Business account for Start Ups Most of us thought we would definitely have to pay to maintain a business account,...

Read More

Tian Wei confinement meal review – Excellent variety!

I have a few gripes about confinement meals during my confinement month last year. 1) Only payment by cash/bank transfer Top of the list is that I have to pay cash during the start of the delivery meals. I don’t normally keep more than $200 cash in my purse so it’s definitely very inconvenient for me. Bank transfer is also not that convenient either, especially just when I just got discharged from the hospital after delivery. 2) How fresh is the food? This is also the most common concerns I have heard in the market. Confinement services usually deliver...

Read More

Critical illness policy and early stage vs ILP hospitalisation plan

My insurance agent sends me a newsletter every month to talk about insurance coverage and the events they held. This was done privately by them and not by the insurance company. I was pleasantly surprised this time when I found a very honest yet important piece on critical illness. Many people have been asking if they need critical illness plan. Isn’t it similar to hospitalisation plan? No, of course it is different. Can die but cannot be sick? It doesn’t have to be this way. Let’s zoom in on hospitalisation plan first.  There is MediShield Life for everyone, and...

Read More

9 financial tips you must know during the 9 months pregnancy

Congratulations on the expansion of your family! After the initial excitement, most of you will start to have a panic attack because the responsibilities on your shoulder have just gotten heavier. Taking care of another family member is going to put a dent on your finances but don’t get so stressed that you start taking on a part-time job or borrow money. You have 9 months to prepare and manage your financial health before you welcome this bundle of joy! Here are 9 tips on how I managed my finances, which I think could help all new parents embark...

Read More

You need to be rich to date my daughter

A single mother brought her 3 daughters up single handedly. Now all she wishes is for her children to live happily and healthily. No, that is not the only wish. She wants them to all live in abundance and preferably in wealth. The wealth criteria she based it on 3 things: 1) Earning more than $5k 2) Able to afford a condo 3) Drives a car This wealth criteria is easily fulfilled by her 2 son-in-laws. One is a doctor, another is an accountant. So naturally, she would also want the same conditions imposed to the third potential son-in-law....

Read More

How to Stretch Your Dollar on Groceries with Your Credit Card

Being a parent of a 1-year-old baby is tough financially and it has made me more eager to stretch every dollar. Here I am going to compare some credit cards to see which will give me the most rewards or rebates. As a family, my main expenses are usually spent on these things: 1) Groceries – Household items, wet wipes, snacks, fresh ingredients to cook at home. 2) Online shopping for groceries – Bulk quantity is cheaper especially for milk powder and diapers, and I can easily get free shipping too! Dining rewards are not especially important because we rarely...

Read More

The ultimate price comparison of Integrated Shield Plans (IP / Riders)

Health is wealth. Without health, you cannot enjoy anything, even with all the money in the world. However, we occasionally take health for granted. As I aged, I start to see more illnesses happening around me which are constant reminders that I should put in more efforts to maintain good health. However, I can only do so much to prevent illnesses from happening. So, it’s due time I do a post on hospitalisation plans aka Integrated Shield Plans or Riders. I kept delaying this even though I get many queries on this. Reason being, it is complicated and a...

Read More

The ultimate price review on diapers in Singapore

After the price comparison for milk powder, I have to look at the other big expense for a baby, which is the diapers. Most parents would have close encounters with poop or urine within the first year. If you have not been through an explosive diarrhea episode, you are lucky! For families who use cloth nappy and wash them, I salute you! You totally deserve the savings because I would rather spend the money than wash all the poop from the nappy every day. Diapers are truly the sanity life savers to working mothers! Picture by ParentingPatch Manufacturers like...

Read More

Comparison of Kids’ Savings Accounts

Most of us have a POSB bank account when we were young as it was the only bank for children those days. Nowadays, seems like all the banks have kids’ savings accounts and they come up with many different ways to attract the kids’ angbao money. After the comparison on the bank accounts for adults, I intend to compare the banks accounts for kids too. I think having a kid’s account is a good way for your child to understand the concept of money and savings and even compound interest. However, I don’t encourage parents to allow them the...

Read More

5 Money Saving Tips For DIY Travellers

Travelling indeed is included in everyone’s life goals. Well, who would resist experiencing the charm of new places – of actually stepping on those same fascinating destinations you only see on photos and of interacting with the locals? Whether it’s that great dimsum matched perfectly with the spring season in Hong Kong or the artistic side of Barcelona that unleashes its best as September hits the calendar – we all can relate to that kind of yearning. Yet, despite that common desire for travelling that most people share, some of us hold back simply due to the expenses. Whether...

Read More

The ultimate price review to baby formula milk in Singapore

As I am promoted to a mummy now, I will be sharing more about the finances of a family. One big hole in the pocket is because of formula milk, no wonder we always say parents have to 赚奶粉钱 (earn money for milk)! The recent report by Straits Times is not helping. It states that the price of formula milk has gone up by 120% in 10 years, faster than any other raw materials. This post aims to compare the formula milk of all stages with the intention to find out if there is a big price difference that will motivate...

Read More

Aviva Term insurance – So cheap!

I was actually thinking to change to Aviva for very long due to their really cheap prices. I know I am not a guy or NS men, but lucky for everyone, it’s also applicable to spouse and children up to 25 years old. It is really affordable. For more details, read this pdf I confirm there is nothing cheaper in the market. Plus, you can buy at any age below 65, it will not get more expensive whether you buy at 25 years old or 60 years old. Male of female, it’s the same. I am truly impressed. It’s...

Read More

My interview with Myself and Investopenly

If you are keen to find out more about my financial background and details, click here to read the interview at Investopenly. I am grateful to Richard for publishing my invite even though I am not a financial but a lifestyle blogger. Anyway, for the more personal stuff, here is an interview I imagined for myself: Oh, this is me, not my baby :) 1) Who are you? I am Jes, not Jess or Jesme. SimplyJesMe is a word play on Simply Just Me. I am 31 years old this year and have 1 child. This blog is just a space...

Read More

Post natal massage – Is it necessary?

It’s common nowadays to hire a massage lady to soothe your physical pain after labour. For natural birth, the massage starts 2 or 3 days after and for caesarian, 1 to 2 weeks after labour. The massage lady is usually a Malay, doing freelance work and travels to your house. For those tied to the massage agency, you will need to pay for their taxi fares too. Cost is typically $50 to $75 per session and you can choose 5, 7, 10 or even more sessions. You would need to be naked with only your disposable underwear and provide a...

Read More

Like us on Facebook

Follow us on Twitter