CareShield Life

2 days ago JCprojectfreedom 0
In the previous article (read here), we have mentioned about ElderShield which are provided for 40 years old and above to protect them from severe disability. Those who does not wish to be covered, can choose to opt out. From 2020, our government will introduce CareShield Life which will replace the ElderShield plan. What if Read More

Eldershield

5 days ago JCprojectfreedom 0
Eldershield is a severe disability insurance that provides basic long term care and basic financial protection. It provides payout up to maximum 72 months. CPF members with Medisave account will automatically be enrolled under the Eldershield program at the age 40. There is no requirement for medical assessment. They are mainly three private insurers appointed Read More

Activity Based Selling

1 week ago JCprojectfreedom 0
I started my business on the 11th September 2019. The first day is about sorting out the administrative stuff such as USER ID and log in password for various insurance companies. This morning I started the training for new financial advisers, we need to start an activity based selling process called SalesBuilder. In this article, Read More

Invest in Unit Trust

2 weeks ago JCprojectfreedom 0
There are a few investment options such as stocks, real estate investment trust (REITs), exchange traded funds (ETFs) and unit trusts. In this article, we will take a closer look at the pros and cons of an unit trust. Unit Trusts are professionally managed funds. A Unit Trust invests a pool of money in a Read More

Semi Self Employment 070919

2 weeks ago JCprojectfreedom 0
I think my boss is pissed off that I did not join him in the joint venture company to continue to work for him after he paid me the commission. He tried to humiliate me for the past two days. He asked me to leave my laptop in the office and I cannot bring it Read More

Semi Self Employment 030919

2 weeks ago JCprojectfreedom 0
This article marks the closing chapter of my semi self-employment journey as an offshore broker. End of August 2019, I received the payslip which state that my commission is SGD 18.75k (Initially I forecast this project to bring in at least SGD 30k because profit to firm is about SGD 120k as I have seen Read More

Comparison

3 weeks ago JCprojectfreedom 0
I had a chat with a friend and he felt miserable as he was comparing himself with others. He accounted this comparison mindset to his childhood when his mother compared him to others. Similarly, I can relate to this, it seems to be an Asian culture for Asian mothers to compare their children to others. Read More

Campbell’s 30/08/19 Results

3 weeks ago JCprojectfreedom 0
Campbell’s has almost complete its divestitures, it has an improved balance sheet with a more focused business. The net proceeds from divestitures of $3 billion will significantly reduce its debt level. Campbell’s is focusing on one geographical location and left with two core business. Q4 2019 Results Combined Net Sales increased 2%, its Snacks strength Read More

July 2019 Expenses

3 weeks ago JCprojectfreedom 0
Meal – $570.44Medical – $940.45Education – $401.55Grocery – $380.06Household – $39.00Clothes – $ 296.10Dinning – $169.15Tax – $327.01Transport – $141.48Personal Care – $220.40Entertainment – $116.86Telecommunication – $810.64Child Expenses – $549.70Utilities – $296.50Maid – $152.00Parents Allowance – $800.00Insurance – $746.07Healthcare – NILShopping – NILTravel – NILLuxury – NIL This month total is S$6597.41 with two one-off Read More

Tax Reduction using CPF

3 weeks ago JCprojectfreedom 0
In this article, I am trying to solve 2 issues. Firstly, I want to reduce the taxable income for my wife and the second issue is to boost my mother’s Central Provident Fund (CPF). Firstly, for my wife, I will recommend for her to use cash to top up her Special Account to build up Read More