Me Time!

[Zeal mummy]

slmkhoo\" post_id=\"2091413\" time=\"1670220027\" user_id=\"28674:

Those who own more than 1 property or had more than $100K assessable income (AI) in 2021 got $100. The amounts range up to a total of $700 for those who own up to 1 property and whose AI less. Both my girls got the full $700 as they only started work towards the end of 2021.

Wow, both your girls have extra money this year! How are they spending it or saving for rainy days? We all got our 100 and am happy with it. Easily gone within the next grocery trip.

[MyPillow]

slmkhoo\" post_id=\"2091413\" time=\"1670220027\" user_id=\"28674:

Those who own more than 1 property or had more than $100K assessable income (AI) in 2021 got $100. The amounts range up to a total of $700 for those who own up to 1 property and whose AI less. Both my girls got the full $700 as they only started work towards the end of 2021.

https://www.govbenefits.gov.sg/am-i-eligible/ap-cash/

Singaporeans aged 21 years and above in reference year\t

Payout Period
Owns 0 to 1 property\t

Owns >1 property
Assessable Income (AI) for Year of Assessment in Payout Year
AI ≤ $34,000\t$34,000 < AI ≤ $100,000\tAI > $100,000
2023\tDec 2022\t$200*\t$150*\t$100\t$100
2024\tDec 2023\t$400\t$250\t$200\t$200
2025\tDec 2024\t$400\t$250\t$200\t$200
2026\tDec 2025\t$400\t$250\t$100\t$100
2027\tDec 2026\t$200\t$150\t$100\t$100
Total\t $1,600\t $1,050\t $700\t $700
* As part of the $1.5billion support package announced in Oct 2022 to provide further cost-of-living (COL) relief, eligible citizens will receive a one-off COL Special Payment of up to $500 to be paid in Dec 2022, together with AP Cash. More details are found in our FAQs.

[MrsKiasu]

Slmkhoo, your dds must be very happy to receive first time? and extra!

[MrsKiasu]

We have 100+ CDCV bal plus 2 swensens vouchers fm ins agent to finish this mth.

[MrsKiasu]

Zeal mummy\" post_id=\"2091418\" time=\"1670221222\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2091418 time=1670221222 user_id=58173]
Yes, may the good lord bless you with a better year! I’m sure time spent with our children will have a lasting impact in their lives. I do treasure it deeply.[/quote]

Thank you & same to you Zealmommy!

[sharonkhoo]

Zeal mummy\" post_id=\"2091419\" time=\"1670221316\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2091419 time=1670221316 user_id=58173]
Wow, both your girls have extra money this year! How are they spending it or saving for rainy days? We all got our 100 and am happy with it. Easily gone within the next grocery trip.[/quote]

Not just these handouts - they will get the public sector bonus plus the 13th month as well! Some of it will come to us parents (our 'tax'!) and my husband has suggested that they spread out some of it over a few months, to increase the amount they invest monthly. They will use some of it for Christmas presents and parties, I expect.

And they will get another inflow of cash at CNY!

[Zeal mummy]

MrsKiasu\" post_id=\"2091439\" time=\"1670235848\" user_id=\"43981:

We have 100+ CDCV bal plus 2 swensens vouchers fm ins agent to finish this mth.

Wow, your agent very nice. Our agent gave us Swensen’s voucher for the first 8 years… after our policy is fully paid up then, he sort of disappeared.

[sharonkhoo]

Zeal mummy\" post_id=\"2091444\" time=\"1670240786\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2091444 time=1670240786 user_id=58173]
Wow, your agent very nice. Our agent gave us Swensen’s voucher for the first 8 years… after our policy is fully paid up then, he sort of disappeared.[/quote]

I think he stops earning once you've reached that stage.

[Zeal mummy]

slmkhoo\" post_id=\"2091441\" time=\"1670236122\" user_id=\"28674:

Not just these handouts - they will get the public sector bonus plus the 13th month as well! Some of it will come to us parents (our 'tax'!) and my husband has suggested that they spread out some of it over a few months, to increase the amount they invest monthly. They will use some of it for Christmas presents and parties, I expect.

And they will get another inflow of cash at CNY!

So happy for you! I feel like, you can start focusing more on yourself. It is a fantastic idea to start the young adults on investing too, you’ve brought them up well! I can’t wait for mine to be at that stage.

[Zeal mummy]

slmkhoo\" post_id=\"2091445\" time=\"1670241251\" user_id=\"28674:

I think he stops earning once you've reached that stage.

I guess so.. we haven’t seen nor heard from him in years! Although the policy is deemed effective till we reach 100 years old.