BT Money Hacks

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.

Money Hacks Ep 22 - How SMEs can use cryptocurrencies to raise capital   7:33 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 the crypto newbie who is looking to trade for a start, and in a smarter way too. What are 3 good industries to start investing in these days?   The United States, Switzerland and Singapore are currently ranked in the top 3 of key global ICO (initial coin offerings) hubs, in a recent June report by accounting giant PwC’s strategy and consulting division. Small-and-medium enterprises (SMEs) can also raise capital with investors from across the world, instead of always looking inwards, as Mr Davy Goh - chief executive and founder of home-grown cryptocurrency exchange BCoin - tells us.   For example, he explains how Uncle Ringo's famed travelling funfair company in Singapore is now thinking of using of tokenising to expand the business here and across the globe.   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 21: How to network with crypto friends and an exchange community   7:33 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 the crypto newbie who is looking to trade for a start, and in a smarter way too, by joining a cryptocurrency exchange and the community around it through regular conferences and seminars.   The chief executive and founder of homegrown cryptocurrency exchange BCoin - Davy Goh - tells us why we would need to use an exchange, and why it's not advisable to stay holed up alone at home online, and try to start in cryptocurrency investing and trading.   Are your trading funds safe in BCoin's trading app? How is security ensured?   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 Episode 20 Duration: 9:41 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. How can digital marketplaces set up by banks help you save, and calculate various scenarios without the hassle of setting up numerous meetings or visiting branches? Can your personal information be safeguarded? DBS Bank launched an online property marketplace in July 2018, that aggregates close to 100,000 listings from EdgeProp and Averspace and is intended as a one-stop shop where home buyers can browse listings and link up with utilities providers, as well as renovation, cleaning and moving services. Ms P’ing Lim, DBS head of deposits & secured loans, and Ms Tok Geok Peng, DBS head of secured lending, talk us through and also allay concerns about maintaining your financial privacy. 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   Episode 19   Duration: 8:58 mins    Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial investment scene.   How much insurance coverage should you have and plan for? Are there principles working mothers or parents should bear in mind when it comes to financial planning, or if their income streams are affected by medical setbacks?   How important is disability income for young and new parents?   Mr Kelvin Goh, head of investments and wealth advisory, OCBC Bank, gives us good starter tips.   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 Episode 18 Duration: 6:44 mins Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial investment scene. How do you put together an investment portfolio as a beginner? What is a portfolio? What are equities? What are recommended periods for long-term and short-term reviews of your investment portfolio? Mr Kelvin Goh, head of investments and wealth advisory, OCBC Bank, gives us good starter tips. 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.