Personal Finance
Surviving COVID-19: Government Schemes, Banks/Insurers Relief Measures, Easy Cash, Interest-Free Loans
By Sethisfy  •  April 9, 2020
To some, the pandemic might be a minor inconvenience. “I can’t see my friends a for a month!” might truly be the only hardship they face. For others, it may be struggling with bills and meeting rent or mortgage payments. Personally, I’ve had a major upheaval in my work life – but perhaps more on that next time. Here are some ways to get by this financially difficult time: Government schemes Temporary Relief Fund (1st to 30th April) If you have lost your job and suffered an income drop of at least 30% due to COVID-19, you can apply for a one-time $500 payout. Eligibility: Singapore Citizen/PR aged 16 years and abovePrior monthly gross Household income ≤ $10,000, or monthly Per Capita Income of ≤ $3,100Not on ComCare Assistance COVID-19 Support Grant (1st May onwards) If you have lost your job due to COVID-19, you get $800 per month for three...
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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