Singapore just pledged nearly S$70,000 per child over 16 years — but is that windfall building your family's future, or quietly funding lifestyle creep? Correspondent Howie Lim sits down with SingSaver's Ayush Goyal to dissect how to split, invest, and protect this new child credit stream — from emergency funds to retirement trade-offs — so parents don't waste a single dollar.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

01:07 Dissecting the S$70,000 package into 2 buckets

05:19 Rethinking your emergency fund

07:28 Kids' future vs. your retirement

10:23 The danger of policy dependency

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Ayush Goyal, Singapore country manager and managing director, SingSaver

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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