The March school holidays are just around the corner, which means more time to spend together as a family. And there are many ways to enjoy the break, especially if you’re a SAFRA member, thanks to privileges ranging from discounts to freebies. 

These 7 value-for-money ideas are perfect for families that love getting out and about, having fun, and being physically active. 

Explore Canopy Park at Jewel Changi Airport

Not just for travellers, Jewel Changi Airport has drawn thousands of local visitors since opening in 2019. In addition to the massive indoor waterfall, Rain Vortex, its main attractions include world-class restaurants and stores. Families also love Jewel for its nature-themed entertainment options, like Canopy Park, located at the topmost level (Level 5) of Jewel. The 14,000 sq m recreational wonderland features an array of exciting play attractions, including the leafy playscape, Hedge Maze; Bouncing Net, which lets you feel like you’re bouncing among trees; and Foggy Bowls, a unique arena for kids that lets them play amongst the clouds. You can also stroll along creative garden trails and glide down giant slides. 

SAFRA members enjoy 10% off Canopy Park attraction tickets. Your ticket includes complimentary admission to Canopy Park and a 10% discount on your entry into Mastercard Canopy Bridge, Hedge Maze, Mirror Maze, Bouncing Net, and Walking Net. More info at safra.sg/promotions/jewel-changi-airport-2

Get into an aerial dogfight

Have you and your kids ever wondered what it might be like to pilot a fighter aircraft and engage in a close-range air battle with enemy fighter planes? Bring them along to Air Combat, a virtual reality experience located at Mount Faber. This state-of-the-art adventure transports participants into the cockpit of a high-performance fighter jet, giving them a sense of exhilaration as they soar through realistic skyscapes through six different movements.

SAFRA members get 15% off tickets to Air Combat. Find out more at safra.sg/promotions/air-combat

Try pickleball

Pickleball, a paddle sport that combines elements of tennis, table tennis and badminton, is fast gaining popularity. The game includes two players (singles) or four players (doubles) and uses a short-handed paddle and a perforated plastic ball. 

Treat the family to some pickleball action at SAFRA Mount Faber, Jurong, Tampines, or Yishun. Their pickleball courts are the perfect place to try the game together and practise your hits. 

SAFRA members who book a pickleball court enjoy complimentary rental of pickleball equipment. Get more information at safra.sg/promotions/play-pickleball-at-safra

Watch our pickleball video and find out how to get started!

Have fun at an indoor playground

Located at Temasek Club at Rifle Range Road, De Happy Ark is a colourful indoor playground featuring a variety of play stations for toddlers and young children. The March holidays are a good time to get your children and their friends together for some group fun. They’ll love playing on the 3m-tall spiral slide complete with maze and foam pits. If you have an infant, check out the dedicated nook with a selection of baby-safe toys. While the little ones explore, the adults can catch up with one another over a bite or a cuppa.

SAFRA members enjoy special rates at De Happy Ark, starting from $55+ per hour for 10 people. For more information and booking instructions, go to temasekclub.org.sg/our-offers/our-amenities/social-amenities/de-happy-ark 

Take a swing

The National Service Resort & Country Club (NSRCC) provides a tranquil escape for NSmen who have performed National Service, as well as full-time NSmen. Located along the tranquil east coast, the club sits on 120 ha of lush greenery and offers a picturesque sea view. Golfers can look forward to an 18-hole course and a temporary 36-bay driving range. Other facilities include swimming pools, a fitness centre, billiards room, tennis and squash courts as well as basketball and street-soccer courts. There are also dining options for a quick snack or a leisurely meal.

NSRCC offers exclusive rates for SAFRA members who want to play golf and use the facilities. Make it a special and fun family day out!

Day membership at NSRCC starts at $5.45. To find out more about this and the other privileges you can enjoy as a SAFRA member, click on safra.sg/promotions/benefits-at-other-establishments

Why not enjoy a staycation at NSRCC as well? Here are 6 reasons why you should book a NSRCC holiday bungalow now!

Bake up a storm with the kids

Get your little bakers together for an afternoon of mixing and kneading. Genius R Us offers baking workshops at SAFRA Punggol, inviting parents to participate with their child as a pair. Children aged five to 12 years old can also take part in the workshops independently. Besides hands-on experience, you’ll leave the workshop with your very own baked masterpiece.

Workshops are conducted at the Culinary Experience Studio at SAFRA Punggol, Level 1. 

SAFRA members enjoy special rates on baking workshops. Go to safra.sg/whats-on/baking-workshops-with-genius-r-us-2025 for more details. 

Check out the Total Defence showcase

Learn more about the six pillars of Total Defence at the Singapore Discovery Centre’s exhibition showcase, on till the end of April. Activities include Salute Singapaw!, where visitors can get creative and help SingaPaw “dress up” in the different No. 4 uniforms of the Singapore Armed Forces; the self-guided trail, Guardians of the Nation; and Defenders’ Pledge, where you can snap a photo with the defenders’ avatar pop-ups and make your pledge to defend the nation.

Admission to the exhibition is free. 

Click on defencecollectivesg.com/total-defence-2025-sdc for additional information.

Want more articles like this, and other lifestyle content right in your inbox? Download the new SAFRA mobile app and opt in for the eNSman Newsletter – you don’t need to be a SAFRA member to subscribe – and never miss another story!

The post School’s Out, Fun’s About! – Where To Go & What To Do This March 2025 School Holidays appeared first on eNSMAN.

In a multicultural, multi-racial society like ours, peace is possible only if we get along and look after one another. This harmony should not be taken for granted, as it is what keeps us strong and united, especially during times of national challenges. Maintaining it is a constant effort. 

This is Social Defence, one of the six “pillars” of Singapore’s Total Defence strategy, a national defence concept that was introduced in 1984 to empower Singaporeans to respond cohesively and purposefully to security challenges. 

There are many ways to put Social Defence into action. This includes being sensitive towards people of other races in Singapore, befriending fellow citizens from other communities, helping new citizens integrate into our society, and finding ways to support the less privileged. 

Here are six ideas to help you get started.  

1. Grow your cultural awareness

Singapore is made up of numerous ethnicities, religions and languages. This diversity is what makes our country unique and strong. Most of us have friends, colleagues and neighbours who are of a different ethnicity from us; they may also speak a different language or practise a different religion. In our multicultural society, it’s important to appreciate their customs, beliefs and values, as this helps to break down cultural barriers and build cultural bridges. It makes it easier for us to interact with our fellow citizens with respect and without judgment. 

One of the best ways to expand your cultural awareness is to spend time with people from different cultural backgrounds, learning about their traditions, experiences, languages and perspectives. You can also attend cultural events and festivals, try foods from various parts of the world, and read books and watch documentaries about other cultures. Above all, remember to ask questions respectfully, avoid making assumptions, and challenge any prejudices you may have about people from other cultures. 

3. Make friends outside your community

Strengthening community ties fosters a sense of belonging, purpose and identity; builds trust; encourages collaboration; empowers groups to face challenges and find solutions together; enhances social support networks; and helps people who may be experiencing loneliness and isolation. All of these are important to improving the social and emotional wellbeing of our community and thus, bolstering Singapore’s social defence.

How can you build and strengthen relationships within your community? Some ideas include organising or attending community gatherings, getting involved in local or grassroots events, supporting local businesses, engaging with community leaders, and spending time with your neighbours. 

Need more ideas? Here are 5 other ways you can give back to the community.

3. Welcome new citizens

The National Integration Council (NIC) was set up in April 2009 to help new citizens adapt to the Singaporean way of life. It does this through initiatives that allow new citizens to better understand our culture and norms. 

You, too, can do your part to help new citizens adapt and feel like they belong here. For instance, you could start or join interest groups that aim to integrate them; teach them about our history by taking them to a museum or giving them a walking tour through the different neighbourhoods; introduce them to our local cuisine; and make yourself available to them if they need help after settling here.   

Welcoming your foreign-born friends and colleagues not only makes them feel good about living in their new country, it also builds a shared sense of community.

4. Help migrant workers

Migrant workers, such as those who work in the construction, manufacturing and hospitality industries and domestic helpers, are crucial to our nation-building, and they deserve our respect, support and assistance, too. 

Many migrant workers face challenges while living in Singapore – for example, they deal with language barriers and may have limited access to healthcare and social services. But there are many ways you can support them and help them integrate into our society.  

One way to make a difference is by donating money, food, clothes and medical supplies to organisations that assist migrant workers. If you prefer taking a more personal approach, you can volunteer at these organisations by helping migrant workers overcome language barriers, distributing food and other items, or spending time with them and offering them companionship and emotional support.  

5. Look out for the less fortunate

It’s important not to let those who are less fortunate fall behind. Progress can only happen if every one of us makes it a point to look after vulnerable members of our society. 

In addition to donating to local charities or non-profit organisations, you can help the underprivileged by mentoring or giving tuition to children from low-income families; cooking for older neighbours who struggle to look after themselves; volunteering for fundraising events; preparing food donations; helping the unemployed find work; teaching computer literacy to people who have no access to tech devices; and sharing your skills and services with those who need them.  

Read on for tips on how you can give back to the community together and grow closer as a family.

6. Support neighbours in crisis

If you know a neighbour who is going through an emergency or crisis – they may have recently lost a loved one, have mental health issues, are experiencing domestic violence, or have just been diagnosed with a serious illness, for instance – offer to help them. 

Depending on their situation, they may need assistance accessing welfare and social services or require additional support from healthcare professionals. 

Knowing that there are people out there who will listen to them in a non-judgemental way, empathise with them and express compassion for what they’re going through, is not only reassuring; it also encourages them to be more resilient, empowers them to take better care of themselves, and helps them feel that they are not alone.

Want more articles like this, and other lifestyle content right in your inbox? Download the new SAFRA mobile app and opt in for the eNSman Newsletter – you don’t need to be a SAFRA member to subscribe – and never miss another story!

The post How To Build Bonds & Strengthen Ties With The Community appeared first on eNSMAN.

Forget crowded restaurants and overpriced experiences. In our latest instalment of free and affordable date ideas, we let you in on hidden gems around Singapore where you can create special memories without breaking the bank. Don’t miss the places with extra savings for SAFRA members!

1. Yishun Dam

Apart from groups of uncles, cyclists en route to various park connectors, and the occasional fishing or photography enthusiast, not many consider Yishun Dam a hangout. But these folk are precisely the ones in the know. Dividing Lower Seletar Reservoir from the Johor Strait, it offers panoramic views from every angle. The freshwater side also boasts diverse flora and fauna along Rower’s Bay Park’s tranquil boardwalk.

Yishun Dam is perfect for watching the sunrise or sunset, spotting birds or planes (from Seletar Airport), moon and stargazing, or just a romantic stroll. You can even pack a picnic and pick your choice of surface, from rocky inclines and grassy patches to sandy shores or simply the concrete deck of the dam itself, to settle on. Feel free to bring a portable barbecue set and camping chairs – just be sure not to leave anything behind!

Or find sustenance at SAFRA Yishun just minutes away. SAFRA members enjoy 10% off at Springleaf Prata Place and Eatzi Gourmet Steakhouse & Bistro; more info at safra.sg/amenities-offerings/springleaf-prata-place & safra.sg/promotions/eatzi-gourmet-steakhouse-bistro

Yishun Avenue 1

2. Boh Geh Uncle Canteen

For a change of scenery on your next brunch date, search out Boh Geh Uncle Canteen. Tucked away in a quiet corner of Piccadilly, this rustic eatery boasts a unique charm, reminiscent of a traditional kampung setting. It was apparently once part of nearby Seletar Camp, so for those who may have served there, it might be extra nostalgic and fun to share a meal at this ‘cookhouse’ with your bae!

Forget fancy tablecloths and eggs benedict; here, it’s about the simple pleasures. Order a plate of nasi padang or cai png and wash it all down with your favourite kopitiam beverages – all at canteen-worthy prices. To be honest, it’s not about the food. What Boh Geh Uncle Canteen offers is a laid-back, no-frills atmosphere that encourages genuine connection while experiencing a slice of old Singapore.

If the lack of air-conditioning is a deal breaker, dine at YOUNGS Restaurant & Bar at Seletar Aerospace Park nearby, where SAFRA members and servicemen enjoy 10% off the a la carte menu. Find out more at safra.sg/promotions/youngs-bar-restaurant

398 Piccadilly

3. Raffles Marina Lighthouse

Did you know that there’s a photogenic 12m-high lighthouse overlooking the Tuas Second Link? The Raffles Marina Lighthouse, sometimes called the Johor Strait Lighthouse for obvious reasons, is perched at the end of the pier within Raffles Marina Club. This isn’t just a pretty backdrop, mind you. The working lighthouse serves as a navigational beacon, guiding vessels safely in and out of the marina.

Imagine strolling hand-in-hand along the pier, the beam of the lighthouse sweeping across the water every 10 seconds, casting a romantic glow broken only by yachts bobbing gently in the harbour. The panoramic views, extending across to Forest City in Johor, offer breathtaking sunset vistas. It’s the perfect pre-dinner activity before enjoying a meal at the al-fresco Marina Bistro, where you can continue to take in that view.

If you need a ride out there, why not consider renting a car for the day? SAFRA members enjoy 30% off at ComfortDelGro Rent-A-Car; more info at safra.sg/promotions/comfortdelgro-rent-a-car

10 Tuas West Drive

4. Changi Chapel & Museum

For a date that’s more meaningful than most, consider going off the beaten path to the quietly romantic Changi Chapel and Museum. The historic site tells the poignant stories of the prisoners of war and civilians interned in Changi prison camp during the Japanese Occupation. While the intimate setting encourages sombre reflection, it also highlights the strength of the human spirit, offering a perspective that can enrich your own relationship. 

There’s no better time than now to visit, during the National Heritage Board’s annual Battle for Singapore event, on till 2 March 2025. Commemorating the 83rd anniversary of the Fall of Singapore, programmes include special exhibits and guided tours at Changi Chapel and Museum and other key WWII sites. Afterwards, discuss your reflections over bistro favourites in the relaxed al-fresco setting of The Bark Cafe.

For more dining options, walk over to Cosford Container Park down the road, where SAFRA members enjoy up to 20% off the subtotal bill; more info at safra.sg/promotions/cosford-container-park

1000 Upper Changi Road North; Tel: 6242 6033

5. (Hidden) Tanjong Pagar

A hybrid of cutting-edge skyscrapers and old-world Chinatown vibes, Tanjong Pagar offers a blend of heritage, culture and vibrant energy. To start your date, fuel up for adventure with a delicious and affordable breakfast at Maxwell Food Centre. Then wander hand-in-hand, discovering a visual feast of street art in unexpected alleyways and exploring beautifully preserved shophouses, temples and even a rickshaw depot circa 1903.

As evening approaches, neon glow and kimchi aromas take hold. Find your Seoul-food around ‘Korean Town’, or delve into pulsating nightlife along Club Street. Up the ante by teaming up on an outdoor ‘escape room’ experience with Hidden SG, at $29.90 per person. Guided by the enigmatic Void Deck Cat, you’ll solve puzzles and uncover hidden gems in Tanjong Pagar that are said to have charmed celebrities and royalty alike.

SAFRA members enjoy up to 10% off when booking your Hidden SG experience via Klook; more info at safra.sg/promotions/klook-sg

Various locations

6. 195 Pearl’s Hill Terrace

Once the address of the Pearl’s Hill Upper Barracks, a bomb-proof bunker that served as the nerve centre for police communications both before and after WWII, 195 Pearl’s Hill Terrace currently houses a vibrant indie arts enclave. But with its lease set to expire in March 2026, 195 PHT is an endangered species. So visit it while you still can, especially since the blend of vintage vibes and creative charm sets the stage for a fun day-to-night date.

Immerse yourselves in the eclectic mix of shops and studios, discovering ceramic treasures and handcrafted jewellery. Try out candle-making workshops and art-jamming sessions. Hungry? Pop into Lavi Taco for its viral Birria Tacos and Balinese Buffalo Wings. As the sun sets, the charming courtyard, or Kult Yard, comes to life with live music and a livelier atmosphere. Don’t miss the cocktails boasting ingredients like belacan and gula melaka!

195 Pearl’s Hill Terrace

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Threats to our national security may come in many forms, including from the digital domain. The more digitally connected and technologically advanced the world becomes, the greater our vulnerability to cyberattacks, online scams, fake news, and so on. These threats can disrupt our personal safety and way of life, as well as undermine our social cohesion and strike at the confidence and psychological resilience of our people.

This is why we can’t ignore Digital Defence – one of the six “pillars” of Singapore’s Total Defence strategy, which involves the participation of every Singaporean in the collective effort of building a strong, secure and cohesive nation.

The number of scams in Singapore has been growing. According to the Singapore Police Force, victims lost a record high of over $385.6 million in the first six months of 2024 – an increase of 16.3% compared to the same period in 2023. The most common scams included e-commerce scams, phishing scams, investment scams, government official impersonation scams, and loan scams.  

As AI (artificial intelligence) technology becomes more pervasive, we also have to be concerned about AI-generated “deepfakes”, which can trick us into parting with our money or sharing personal or sensitive information with scammers, and which may even threaten our national security.

We asked a cyber-security expert to share some tips for guarding against common digital threats.

1. Be wary of AI deepfakes

“Deepfakes created by AI are a serious concern because they can create highly realistic audio and video content that convincingly mimics real people,” says Nikhil Bhardwaj, Project Manager and Sales Consultant at Cybersafe Pte Ltd. 

Some common manipulation techniques include: 

• Impersonation for fraud: Deepfakes can be used to impersonate trusted figures such as bank officials, company executives, or even family members. This can lead to fraudulent transactions or misinformation campaigns.
• Undermining trust: When video or audio evidence can be fabricated, it becomes increasingly difficult to trust digital communications. This erosion of trust is a major issue for businesses, governments, and personal interactions alike.
• Difficulty in detection: As deepfake technology advances, distinguishing between authentic and manipulated content becomes challenging – even for experts. This increases the risk of successful scams, as victims may be misled by convincing “proof” generated by cybercriminals.

“In short, deepfakes open up new avenues for sophisticated scams that require both advanced detection techniques and public awareness,” Nikhil adds.

AI-generated deepfakes can be hard to detect, but according to the Cyber Security Agency of Singapore, there are some ways to tell if the multimedia you’re looking at is real or not: 

• Assess the message: Check its source, context and aim. For instance, is the source trustworthy? Does the content read or behave as expected? And does the message ask you to do something urgently, unsafe, or unusual? 
• Analyse audio-visual elements: Look for inconsistencies or discrepancies in facial features, expression and eye movement, skin texture and tone, background, and audio-video quality. 
• Authenticate the content: Deepfake detection tools for the general consumer are only just emerging. In the meantime, you can look out for tags or watermarks which indicate if the content you’re looking at is AI-generated.

2. Shop safely online

Shopping online is a favourite pastime for many of us, but don’t fall victim to scammers and fraudsters. 

For example, Nikhil says that when you’re browsing an online store, the first indicator of security is the URL – make sure it begins with “https://” (the “s” stands for secure) and that you see the padlock icon in your browser’s address bar. 

He says that other red flags include:

• Outdated design and poor functionality: If the site looks unpolished or is riddled with pop-ups and excessive ads, it might not have been maintained with modern security practices.
• Unnecessary information requests: Be cautious if the website asks for more personal or financial information than is typical for the transaction.  

Read on for more tips to avoid online shopping scams.

3. Protect against these scams when banking online

With most of us doing our banking online, it’s important to distinguish between phishing and spamming. Nikhil explains: 

• Phishing: This is a tactic where attackers send fraudulent emails or messages, or even create fake websites that appear to be from trusted institutions – such as your bank – in order to trick you into revealing sensitive data such as login credentials or financial information.
• Spamming: Spamming involves the mass distribution of unsolicited emails or messages, which often serve as a vehicle for phishing attempts or the dissemination of malicious links and attachments.

“In the context of online banking, these methods can be used to impersonate your financial institution. An email might look like it’s coming from your bank, urging you to update your details or verify a transaction – only to direct you to a counterfeit site designed to harvest your credentials,” he adds.

Here are Nikhil’s tips to protect yourself:

• Verify the source: Always double-check the sender’s email address or contact details. If in doubt, contact the institution directly using known, trusted channels.
• Use Multi-Factor Authentication (MFA): This adds an extra layer of security even if your password is compromised.
• Keep software up-to-date: Updated anti-malware and spam filtering tools can help catch suspicious activity before it reaches you.
• Be sceptical: Avoid clicking on links or downloading attachments from unknown sources, and always check for the “https://” prefix and padlock symbol before entering any personal information.

Here are more ways to keep your family safe from online scams.

4. Reinforce security measures on your devices

Protecting your devices is about layering defences, says Nikhil. This can help minimise your exposure to online threats, fraud and scams. 

Here’s what you can do: 

• Keep software updated: Regularly update your operating systems, applications, and antivirus software to patch vulnerabilities.
• Use strong, unique passwords and MFA: Use strong, unique passwords for every account and enable MFA wherever possible.
• Use firewalls and VPNs: Activate built-in firewalls and use reputable VPN services – especially when accessing public Wi-Fi – to safeguard your Internet connection.
• Backup regularly and use encryption: Backup your important data regularly and consider encrypting sensitive files.
• Be cautious with downloads: Only install apps and software from reputable sources to avoid inadvertently introducing malware.

5. Be mindful of what you share on social media

“Social media is an excellent tool for connection, but oversharing can be a gateway for cybercriminals,” Nikhil points out. 

Avoid sharing the following, he says: 

• Personal details: This includes sensitive information such as your home address, phone number, and even your full date of birth. These can be exploited for identity theft.
• Travel plans: Publicly posting vacation plans or travel itineraries can alert potential burglars that your home is unoccupied.
• Financial information: Details about your income, investments, or even hints about your financial status should be kept private.
• Real-time location data: Photos and posts that reveal your current location (especially if geo-tagging is enabled) can put you at risk.
• Work-related confidential information: Oversharing details about your workplace or projects can inadvertently provide a roadmap for targeted attacks.

“By managing your privacy settings and being selective about what you share, you can better protect your personal and financial safety,” Nikhil adds.

6. Keep your non-digitally savvy loved ones safe from online scams

“

People who are less familiar with digital environments, including many seniors, can be particularly vulnerable to online scams, Nikhil says. 

Here are some scams they may fall prey to: 

• Phishing emails and scam calls: They might receive emails or phone calls that impersonate government agencies, banks, or even family members, urging them to share sensitive information or transfer funds.
• Tech support scams: Fraudsters often pose as technical support agents, convincing individuals that their devices are infected and persuading them to install malicious software or provide remote access.
• Romance and charity scams: Exploiting emotions, scammers might create elaborate stories on social media or dating sites to build trust and eventually ask for money.
• Fake websites and online ads: Unsophisticated users might not notice subtle discrepancies in website URLs or design, leading them to fraudulent sites that mimic legitimate businesses.

Nikhil shares some ways to mitigate these risks:

• Education and awareness: Regularly educate vulnerable loved ones on common scam tactics. Local community centres or libraries sometimes offer sessions on digital literacy and online safety.
• Simplified security tools: Encourage the use of simplified security applications that can help filter out spam and malicious content.
• Trusted contacts: Advise vulnerable loved ones to verify unsolicited requests by contacting a trusted friend, family member, or the relevant institution directly.

Want more articles like this, and other lifestyle content right in your inbox? Download the new SAFRA mobile app and opt in for the eNSman Newsletter – you don’t need to be a SAFRA member to subscribe – and never miss another story!

The post Deepfakes, Scams & More: 6 Ways To Safeguard Your Family Against Digital Threats appeared first on eNSMAN.

Total Defence involves every Singaporean playing a part, individually and collectively, to build a strong, secure and cohesive nation – because when we are strong, we are able to deal with any crisis.

There are six “pillars” of Total Defence, one of which is Economic Defence. This pillar is about strengthening the competitiveness and attractiveness of our economy, ensuring that it not only continues to be successful but also stays resilient, so that it can recover quickly should we face economic uncertainty in the future (such as if there is a global downturn or economic crisis that could shake investor confidence in Singapore).

There are many ways to put Economic Defence into action, and we can start at home – because when Singaporean families are financially strong and resilient, we help bolster the country’s economic strength and resilience, too. 

Here are six ideas to protect your family’s wealth and help your loved ones survive any financial storm. 

1. Save and invest wisely

We all know that saving more and spending less can help us manage our finances and contribute to wealth-building. Ow Tai Zhi, the co-founder and chief investment officer for AutoWealth, recommends being disciplined about these habits. 

“Keep a close eye on your spending and always set a clear spending limit. A good budgeting framework is the 50/30/20 rule – allocate 50% of your income to needs, 30% to wants, and the last 20% to savings and investments. ‘Needs’ are things that you cannot do without, like housing, whereas ‘wants’ are those you can get by without, such as staying in a condo with a pool. If you want to achieve financial independence and retire early, you should adjust this ratio and aim to save one dollar for every dollar you spend.”

You should also keep investing throughout your life and not just stop once your investment has matured, he adds.

“There are people who will invest and stop investing, and others who’ll invest and keep investing. Saving and investing regularly is a disciplined way of building wealth over the long term by eliminating the hassle and emotional fear of trying to time the market. It helps to smooth out market fluctuations by averaging out your cost of investment, leading to better returns.”

New to investing? Here’s what you need to know.

2. Set aside money for a rainy day

You can’t always guarantee that you’ll be able to provide for your family. That’s why it’s important to protect your family’s finances as early as you can, especially if you’re the main or sole breadwinner. 

For those “rainy days”, for instance, Tai Zhi recommends starting an emergency fund. Stashing away a substantial amount of money can safeguard your family against unforeseen situations – such as if you get injured and can no longer work. It also doubles as a war-chest, allowing you to capitalise on market discounts from time to time to enhance your investment returns. 

“It’s a good idea to put aside an amount equivalent to six’ months of expenditures,” he says. 

“This will give you enough time to come up with alternative ways to earn extra money and also serve as a buffer in unforeseen situations, like if you fall ill for a prolonged period or find yourself unemployed for some time.”

3. Create a will

Always prepare for the unexpected, Tai Zhi notes. Establishing legal arrangements, such as a will, Advance Medical Directive (AMD), and Lasting Power of Attorney (LPA), will ensure that your estate is distributed according to your wishes and that your loved ones will be looked after. 

Don’t delay putting your will together. Wills aren’t just for older people who are close to retirement. You can create one even if you’re just starting out in your career.

“Establish a will as early as possible and make it as clear, elaborate and practical as possible, particularly if you have dependents like young or vulnerable children or elderly parents, or if you’re your family’s sole breadwinner,” Tai Zhi advises. 

Find out more about making a will and legacy planning here.

4. Pay off your debts

Accruing debts can affect your ability to become financially independent and retire early, says Tai Zhi. 

“In June 2013, the Monetary Authority of Singapore introduced a Total Debt Servicing Ratio (TDSR) to limit loans granted by financial institutions to 60% of an individual’s monthly income. This measure, which was later revised to a more stringent 55%, aims to encourage financial prudence.”

But Tai Zhi recommends taking an even more prudent approach towards incurring and paying off debts. 

“The first material loan you incur should always be a mortgage loan to provide a roof over your head. This is a need. When your financial situation permits, you can then take up a loan for your wants, be it a fancy home renovation or that flashy car you’ve had your eye on. Then, adapt the 50/30/20 budgeting rule – limit your debt payments to within 50% of your income, keep needs and wants within the 30% threshold, and strive to keep to the 20% savings and investment goal.”

Tai Zhi advises against taking out a credit card loan as it’s not prudent and bears very high interest rates. 

5. Invest in an insurance plan

Nothing is certain in life – severe illness, disability, job loss, and loss of life can occur at any time. A good insurance plan gives you peace of mind that your family will be financially secure should something happen to you and you can no longer look after them. It will also safeguard your family’s finances, so that your loved ones won’t have to dip into your savings to get through the tough times. 

There are several types of insurance available, like health, critical illness, hospitalisation and personal accident, to name a few. It’s a good idea to speak to an insurance specialist to decide what plan or policy works best for you and your family.

6. Teach your kids about money

Children are never too young to develop good financial habits. Encourage your kids to start saving their allowance, teach them the difference between a “want” and a “need”, show them how to budget, discuss ways to earn money, and educate them on the importance of setting financial goals and establishing an emergency fund.  

Teaching financial savviness to your little ones gives them the tools, skills and knowledge that they need to be resilient when confronted with economic challenges when they’re older. 

Here’s how to teach your kids to be money-smart.

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Ahead of Total Defence Day on 15 February, it’s good to remind ourselves to remain vigilant and know how to respond when faced with an emergency situation.

Here, the Singapore Civil Defence Force (SCDF) shares about the new myResponder app and Lifesavers’ Emergency Point (LEP) Project, both designed to allow the community to lend a helping hand and do their part for Civil Defence.

Enhancements to the new myResponder App

The myResponder app, introduced in 2015, notifies Community First Responders (CFRs) of nearby suspected cardiac arrest cases and locations of Automated External Defibrillators (AEDs) to bridge the critical interval between the onset of an emergency and the arrival of SCDF emergency responders.

The app was enhanced in 2018 to notify CFRs of nearby minor fires and allow CFRs to submit first-hand information such as photos and videos of the on-site situation. The app continues to serve the community in saving lives through the activation of CFRs who could provide immediate response to the cases.

To further strengthen SCDF’s partnership with the community, the app has undergone further enhancements in 2024 (i.e. the new myResponder App) to bolster its app performance and facilitate CFRs’ response to cases. The refreshed new myResponder app provides a more interactive app experience for CFRs to sustain their interest in the app and encourage them to be more active on the app.

The CFR-centric new features in the app are:

• Personalised dashboard and profile: CFRs can view the cases they responded to, and their ‘badges’ of achievements.
• Mode of response: In the previous version of the app, CFRs who were within 400m from the incident, and drivers on the ‘AED-on Wheels’ Programme who were within 1.5km from the incident, were alerted. With the new enhancement, users can now select the mode of response (e.g. vehicle, on foot, or bicycle) and customise the radius in which the CFRs can receive notifications of cases that they could better render help. For example, a CFR who usually commutes on bicycles can indicate a wider response radius of 800m, while a CFR who usually commutes by vehicle can indicate an even wider response radius of 1.5km.
• Video call function: This function in the new myResponder app allows SCDF to have a better scene appreciation before the arrival of SCDF’s emergency responders. The SCDF Operations Centre can also guide CFRs in their intervention, for example, how to perform CPR when attending to a case, thereby boosting CFRs’ confidence in responding to cases. This feature is scheduled to be released in late 2025.
• Respond Together: In the new app, CFRs can respond to a case together with other CFRs and have a geo-tagged chat group with other CFRs and/or SCDF Operations Centre responding to the same incident. This feature helps smoothen the process in rendering help and alleviate CFRs’ fear of responding alone.
• Learn Page: To maintain user engagement during non-emergency moments, the new app includes bite-sized emergency preparedness e-learning modules under the Learn page. These modules serve as an avenue for introducing new CFRs to life-saving skills, while experienced CFRs can participate in refresher lessons, with the aim of enhancing their confidence when responding to emergency cases.
• Wellbeing Check-In: To support the CFRs’ mental health, a Wellbeing Check-In feature will be prompted on the app after a CFR responds to an incident. This feature provides guidelines on different coping techniques for CFRs in the aftermath of a stressful situation as well as various support avenues available.
• Community News: CFRs can stay informed about the latest developments through the new Community Stories page. This section highlights SCDF articles and the latest CFR success stories, serving as inspiration for CFRs to step forward and respond to emergencies.

Since the enhancement of the myResponder app, over 26,000 new users have installed the app and as of 31 December 2024, there are more than 200,000 registered CFRs.

Download the myResponder app (available on both the Apple App Store and Google Play store) to register as a Community First Responder (CFR) now. To learn more, go to scdf.gov.sg/home/community—volunteers/community-resources/myresponder-app.

Lifesavers’ Emergency Point (LEP) Project

The main causes of residential fires are typically unattended cooking, leaving lighted materials about, and fires of electrical origin such as those caused by faulty electrical appliances or wirings. Other than injuries and fatalities, homeowners and affected neighbours also suffer from emotional distress, property damage and the need to seek temporary accommodation.

While fire safety is the responsibility of homeowners, SCDF advocates and encourages homeowners to equip their homes with fire extinguishers. While HDB units are compartmentalised and constructed based on fire-resistant materials that prevent fire spread, these incidences could be further mitigated if the occupants were equipped with fire-fighting equipment like extinguishers to prevent fire spread. However, SCDF also recognises that there are deterring factors, such as the cost of purchasing and maintaining fire extinguishers.

As such, with the support of partners, namely Temasek Foundation, Ministry of National Development (MND), Housing & Development Board (HDB) and the various Town Councils, SCDF has embarked on a five-year trial from 2023 to 2028 to progressively install and maintain one fire extinguisher at the ground floor lift lobby of every two HDB blocks in Singapore for use by residents during fire emergencies.

Known as the Lifesavers’ Emergency Point (LEP), these fire extinguishers would be installed alongside the AEDs at the HDB lift lobbies, to ensure easy identification and access to both equipment. The LEP is an extension of the Save-A-Life initiative, where SCDF installed AEDs at the lift lobby of every two HDB residential blocks.

As part of the LEP project, SCDF also trains residents in emergency preparedness skills via the newly launched Responders Plus Programme and continues to activate CFRs registered via the myResponder App to respond to minor fires such as rubbish chute/bin fires. Members of the public can also access and utilise these fire extinguishers in cases of fire emergencies, where it is safe for them to do so.

As of end January 2025, SCDF has already installed fire extinguishers at over 5,000 lift lobbies islandwide. Thus far, more than 70 LEP fire extinguishers have been used by residents for emergencies. Additionally, CFR responses have resulted in at least one out of every two minor fire incidents being addressed without the need for dispatching SCDF appliances. This efficiency enables SCDF to allocate our resources more effectively to other emergencies.

Know what to do in an emergency with these tips from SCDF.

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The post How The MyResponder App & LEP Project Help You Do Your Part For Civil Defence appeared first on eNSMAN.