Personal Finance
The Easiest Way To Help My Parents Use CDC Vouchers
By Turtle Investor  •  July 5, 2024
In recent years, Community Development Councils (CDCs) have been giving out CDC Vouchers to provide immediate support for Singaporean households and help defray daily expenses. CDC vouchers can be spent at participating heartland merchants and hawkers or at participating supermarkets. While the initiative is commendable, it presents unique challenges, particularly for the elderly who struggle with digital literacy. I use a simple workaround to help my parents use their CDC vouchers. The Digital Literacy Challenge Is Real For Seniors While CDC vouchers are a great initiative, the implementation leaves a lot to be desired when it comes to benefitting the elderly who either don’t understand English or aren’t tech-savvy enough to feel confident using them. When I volunteered my time to help seniors learn how to use their mobile phones, the journey was anything but easy. The problem isn’t with learning but with the lack of practice and constant use. Even my mum...
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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