Basics of Smart Money Management

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We all want to enjoy a comfortable retirement, but not everyone is sure how to kickstart the journey. This is where financial literacy comes in. With financial literacy, you will understand money matters and make smart financial choices. It is your guide to being informed about the options and resources for your unique financial planning journey for retirement.

Join us in our specially curated financial literacy curriculum, where you will learn how to manage your income, savings, and expenditures, how to use CPF Mobile and cashless payment services, the importance of retirement financial readiness, and how to prevent scams.

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Basics of Smart Money Management
Course Description
To be financially prepared for the future, it is ever more important for us to understand how to make smart decisions. Come join us in this financial literacy course to learn practical money management tips! This course also introduces the use of CPF digital and cashless payment services, raises awareness of scams and shares tips to avoid becoming a scam victim. Lastly, the course also highlights selected Government schemes that support retirement and healthcare needs.
Course Duration
4 hours
Full Course Fee & NSA Subsidy
• $90 • Eligible seniors will pay $18 after NSA subsidy • Course is SkillsFuture Credit eligible
Medium
The curriculum is available in English and Mandarin
Topics Covered
Managing Everyday Money Practising the budgeting process to manage income, saving, and spending, and monitoring one’s expenditure. Discussing practical tips to stretch one’s dollar. Using Digital Services: CPF Mobile and Cashless Payments Introducing digital and payments services. Introducing the use of cashless payment services: PayNow and SGQR Pay. Introducing the use of CPF services online to manage CPF savings. Planning Ahead Understanding what the financial needs in retirement and the importance of being prepared. Awareness of Government schemes that support retirement and healthcare needs: CPF (CPF LIFE, MediShield Life, Eldershield / CareShield Life), HDB monetisation schemes. Awareness of the importance of making CPF and insurance nominations. Awareness of advance care planning for one’s future health and personal care, including the purposes of making a Lasting Power of Attorney (LPA) and Advance Medical Directive (AMD). Staying Safe Against Scams Awareness of the common types of scams and where to get reliable information on scam alerts. Awareness of self-protection guidelines and keeping personal data safe. Reporting a scam incident and seeking assistance when in doubt.

The courses are offered by the following course providers. To register, please contact the respective course providers.

Central

Course Provider	Contact Number	Email Address	Course available in the following language(s)	Course Provider Website
Centre for Seniors	6478 5015	admin@cfs.org.sg	English and Mandarin	Click here
Credit Counselling Singapore	6929 6947 / 6533 2962	education@ccs.org.sg	English	Click here
Family Central	9685 4812	activeageing@fycs.org	English	Click here
Institute of Technical Education	1800 2222 111	sts2@ite.edu.sg	English and Mandarin	Click here
NTUC Learning Hub	6336 5482	https://www.ntuclearninghub.com/contact-us/leave-an-enquiry/#locate-us	English, Mandarin and Malay	Click here
SACE	6266 0648	secretariat@sace.org.sg	English	Click here
Society for WINGS	6250 1012	info@wings.sg	English and Mandarin	Click here
Tsao Foundation	8748 8263	learningroom_comsa@tsaofoundation.org	English and Mandarin	Click here
SimpleIT	8733 0194	cs@simpleitsg.com	English	Click here
Xiohoo	8809 7075	hello@xiohoo.com	English and Mandarin	Click here

East

Course Provider	Contact Number	Email Address	Course available in the following language(s)	Course Provider Website
En Community Services Society	9011 8125	tle@ecss.org.sg	English, Mandarin and Malay	Click here
STADA	8683 5838	enquiry@stada.org.sg	English and Mandarin	Click here
Temasek Polytechnic	6788 1212	tsa_shortcourse@tp.edu.sg	English and Mandarin	Click here