Teaching workers to be money savvy

This article was first published in the Straits Times Recruit on 19 May 2009. Offering financial advice as an employee benefit is important in good times and bad. While the Jobs Credit Scheme is likely to reduce the number of retrenchments expected, downsizing will, unfortunately, still be unavoidable for some companies in......

The Budget

12% credit wage reimbursement Since employers can already cut wages, cut the work week and ask workers to take “no pay” leave, to what extent will the 12% job credit wage reimbursement up to the first $2,500 of wages for workers who contribute to CPF, help to reduce job losses? For example,......

$0 Driveaway - The Car Loan Pitfall

Buy a car with $0 deposit! $0 driveaway! After 5 years… Hey, I cannot get rid of my car! I still owe the bank money even if I sell the car! But wait a minute, the car dealer says I can bring forward my old loan when I buy a new car!......