Budgeting

Federal Minimum Hourly Wage

Canada Federal Minimum Hourly Wage Increase, Effective April 1, 2024

$17.30 per hour.  Starting April 1, 2024, the Federal minimum hourly wage in Canada will rise to $17.30 per hour from the previous $16.65. This is approximately a 3.9% annual average increase in the CPI. The federal minimum hourly wage has been growing steadily from 2021, when the Liberal government scheduled annual wage increases to […]

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Government payout

What Is the $700 Government Payout In Singapore?

Learn details about Government Payout worth S$700: What is the S$700 government payout in Singapore? Eligibility and Payment Dates.  Government Payout Singapore The government of Singapore offers welfare aid in the form of cash or vouchers. Several government schemes offer free groceries, screening, and more. Singaporeans quality of life may not match that of high

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CDC Voucher

CDC Voucher 2024 Singapore: How to Claim and Use Them

CDC Voucher 2024 – The Singaporean Government has announced the continuation of the CDC Vouchers Scheme in 2024, providing $500 in vouchers to every household to help with daily expenses.  The vouchers can be used at participating heartland merchants, hawkers, and supermarkets.  Please keep reading to get more information on CDC Voucher 2024 Payout Date,

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Singapore Unemployment Benefits

Singapore Unemployment Benefits for Retrenched Workers – What May be Included in Budget 2024

Singapore has traditionally resisted the implementation of unemployment benefits, instead favoring employment incentives and wage support strategies. However, this approach underwent a significant shift. Deputy Prime Minister Lawrence Wong announced during Budget 2024 that the government intends to introduce a “temporary financial support scheme” later this year specifically targeting retrenched workers. Wong highlighted the challenges

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Singapore Personal Income Tax Rebate 2024

50% Personal Income Tax Rebate, Capped at $200: Singapore Budget 2024

A 50% personal income tax rebate for the Year of Assessment 2024 (YA2024) has been declared by the Singapore Government. This set of measures was announced during Budget 2024 while addressing the concern over the rising cost of living. The aim is to financially help middle-income earners cope with high cost of living. In this

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questions to ask

3 Questions to Ask Before Spending Your Emergency Fund

Having an emergency fund is crucial for financial stability and peace of mind. It provides a safety net for unexpected expenses or income loss. However, before you dip into your emergency fund, it’s important to ask yourself a few questions to ensure that you’re making the right decision. We’ll discuss three key questions to consider

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emergency fund

Emergency Fund: What Is It And How to Build One In 2024

Emergency fund can mean the difference between financial stability and financial ruin. A recent survey by Bankrate in July 2021 indicates over 50% of Americans lack enough savings for a 3-month emergency fund. This article will cover emergency funds and why you need one. We’ll also discuss setting up, building, and keeping an emergency fund.

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some key components of successful budgeting

What Are Some Key Components of Successful Budgeting?

Budgeting is a crucial tool in financial planning, but understanding some key components of successful budgeting is essential. Budgeting helps you to track all your income and expenses to make wise decisions about your spending. Most income high-earners struggle with budgeting because of their surplus disposable income, thus, making them overspend. Budgeting doesn’t have to

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