BT Money Hacks

Money Hacks Ep 32: Wine education for F&B trade professionals and enthusiasts 10:50 minsSynopsis: In this podcast series, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.In an advanced economy like Singapore's, food and beverage employees who have certification after undergoing wine education courses, or who certify themselves after years in the industry, can raise their own professional values. Can Skills Future offset the costs of such courses like the French Wine Scholar and Certified Specialist Of Wine programmes?  Veteran wine educator and international wine judge Lim Hwee Peng explains how enthusiasts who have business dealings here and in growing markets like China will find wine education beneficial. Produced by: Ernest Luis and Christopher Lim Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 31: Using ST Wine to know more about wine investment and enjoyment 10:30 mins   Synopsis: In this podcast series, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.   Wine consultant Roderic Proniewski - who runs Asia Wine Network - speaks about investing in wine.   If you have little knowledge of wine, find out why ST Wine is a great way to dip one's toes in the worlds of both wine investment and enjoyment.   Produced by: Ernest Luis and Christopher Lim   Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 30: How to get started in robo-investing   9:11 mins   Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.   In August 2018, WeInvest announced a collaboration with OCBC Bank to launch OCBC RoboInvest, where you need a minimum of $3,500 to get started.   Mr Bhaskar Prabhakara - chief and co-founder of Singapore-based start-up WeInvest - explains how newbies and experienced investors can use robo-investing platforms.   Find out which thematic portfolios you can consider for your own risk appetites, and his own favourite choices that include food-based companies or upcoming US technology leaders.   Heard of the Singapore portfolio for conservative investors called Cash Is King in OCBC's RoboInvest scheme? Find out more in this episode.   Produced by: Ernest Luis   Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   On website: http://str.sg/stpodcasts   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

9:30 minsSynopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.Is buying just one bundled policy for the rest of your life enough? Mr Walter de Oude, founder and chief executive of Singapore Life - a next generation life insurance company licensed by the Monetary Authority of Singapore - explains four simple steps to take after listening to this episode. He explains the difference between life insurance and term life insurance and how you can consider a modular buying approach with an increasing trend towards term insurance for example, with specific plans and purposes.Step 1: Decide your needs. Lump savings plan and insurance together? Or keep them separate? It's best these days to build as you go along as newer, better and more flexible products come to the market.Step 2: Do a comparison across the market, especially for products like term insurance.Step 3: Make the commitment to buy your insurance after you do your homework.Step 4: Look at the building blocks of your long-term insurance needs. Ensure a shield plan first, critical event coverage and life insurance cover, and then, a disability income plan as the final step.Produced by: Ernest Luis & Christopher LimFeedback to: podcast@sph.com.sgLike, subscribe and rate our Money Hacks podcast on:Spotify: http://str.sg/oeGNiTunes: http://str.sg/oeXeGoogle podcasts: http://str.sg/oeGdOn website: http://str.sg/stpodcasts Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 28: How to make your credit card work harder for you 7:35 mins Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene. Ms Natalia Goh - head of credit cards and personal loans for Standard Chartered Bank Singapore - explains why practical Singaporeans love cashback cards like Standard Chartered's Unlimited Cashback Card. It offers 1.5 per cent cashback on spending with no cap, and is among the best in the market, as The Straits Times had previously reported. To make your credit card work harder, keep three pointers in mind: 1. Know your lifestyle needs and spending habits 2. Read and compare terms, conditions and benefits of credit cards online first, before applying 3. Look out for seasonal promotions, ahead of the approaching Christmas period for example She gives us tips on how to look for different credit cards for different needs - ranging from petrol to dining, and online shopping. Produced by: Ernest Luis Like, subscribe and rate our Money Hacks podcast on: Spotify: http://str.sg/oeGN iTunes: http://str.sg/oeXe Google podcasts: http://str.sg/oeGd On website: http://str.sg/stpodcasts Feedback to: podcast@sph.com.sg Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 27: How technology helps you understand insurance policies and buy with confidence 9:30 mins Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene. Can a 100% digital approach help you plan your insurance or children's education or retirement needs, more simply and transparently? Traditionally, companies might ask if you need insurance or other products, in simple yes or no terms. These days, a more holistic approach is being sought out by customers with the following questions for instance. What does your life look like? Are you a working professional? Are you planning a family? Do you have a family? Do you have ageing parents? Looking at what products match your personal goals is what Singapore Life aims to do. It is the first independent life insurance company licensed by the Monetary Authority of Singapore since 1987, with policies protected by the Policy Owners' Protection Scheme. Singapore Life's founder and chief executive Walter de Oude and its chief technology officer Robert Ross, explain more in this podcast episode. Produced by: Ernest Luis & Christopher Lim Feedback to: podcast@sph.com.sg Like, subscribe and rate our Money Hacks podcast on: Spotify: http://str.sg/oeGN iTunes: http://str.sg/oeXe Google podcasts: http://str.sg/oeGd Download ST & BT podcasts for offline listening: http://str.sg/stbtpodcasts On website: http://str.sg/stpodcasts Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 26: How to achieve a $3,000-a-month retirement income by planning early 9:30 mins Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene. Retirement planning can be made simpler if we start to apply simple and established formulas to calculate what we need at the age of 65, assuming a continued lifespan of 20 years or so after that age. Mr Walter de Oude, founder and chief executive of SingaporeLife - a next generation life insurance company licensed by the Monetary Authority of Singapore - explains two simple steps to take after listening to this episode. Step 1: Start by looking at existing CPF calculators online, and read up on the CPF Life scheme for a start. With the current CPF payout eligibiity age at 65, the CPF Life scheme - introduced in 2009 - provides a monthly income for as long as you live. Step 2: How to add other formulas like the 4% rule to do a set of mental calculations, or even the "300" formula, where you take your current monthly expense figure and multiply it by 300. The result is the figure you need in your kitty to keep up your lifestyle even after retirement. Produced by: Ernest Luis & Christopher Lim Feedback to: podcast@sph.com.sg Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 25 - Are you a good saver? Is it worth enjoying higher interest rates with OCBC 360 and UOB One following latest tweaks? 9:10 mins Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene. Local banks are introducing higher bonus interest rates to get customers to save more. From Nov 1, 2018, OCBC customers can earn an effective interest rate of up to 3.2 per cent per annum on the first $70,000 in their savings account known as the 360 account, when they fulfil some criteria. The move comes after United Overseas Bank (UOB) in August raised the balance amount for which customers can earn maximum bonus interest. Customers who have a UOB One account can receive an effective interest rate of up to 2.44 per cent per annum in bonus interest on their first $75,000 when they spend $500 on their credit card and credit their monthly salary of at least $2,000 or have three Giro debit transactions. DBS Bank has a Multiplier account which can earn customers up to 3.5 per cent per annum in interest on the first $50,000, as long as the salary is credited into the account with two or more separate transactions with the bank. The transactions can include credit card spending, investments and mortgages. Produced by: Ernest Luis & Christopher Lim Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.

Money Hacks Ep 24 - 5-step approach to wine collection, investment and enjoyment with local food   12:45 mins   Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.   This episode is Part 2, following the previous Money Hacks topic aimed at wine collecting and investment.    We present five steps to take after this episode: How to fit a wine fridge into a small space in your small apartment, key accessories you need, and how to start with a $13 budget.   Pairing with local food? Try chardonnay with mee pok and merlot with prata or briyani.   Produced by: Ernest Luis & Christopher Lim   Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser. See omnystudio.com/listener for privacy information.

10 mins   Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.   This episode is aimed at wine collecting and investment. How to pick wines on sale, go for tasting events at supermarkets, and "gamify" wine investment for some releases by checking prices online over a period of time.   Which are the "off vintages" you should go for, as they cost less up front than premium vintages, and also appreciate at a rapid rate   Did you know you can study and appreciate wine through courses? Money Hacks co-host Chris Lim also happens to be a Certified Specialist of Wine (CSW) and a French Wine Scholar (FWS). He talks to co-host Ernest Luis on how to get started.   Produced by: Ernest Luis & Christopher Lim     Like, subscribe and rate our Money Hacks podcast on:   Spotify: http://str.sg/oeGN   iTunes: http://str.sg/oeXe   Google podcasts: http://str.sg/oeGd   Feedback to: podcast@sph.com.sg   Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser. See omnystudio.com/listener for privacy information.