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compassion.We be nice to elderly

inclusivity.we give money to elderly

collective responsibility.we nice together to elderly

prudence.we watch out for elderlies

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They help lower income families with their needs and affordable shelter. For example, many childcare centres all around Singapore with low costs so that families will not struggle financially and still be able to have their needs met

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Budget measures help to evenly distribute the budget to all types of citizens in Singapore, benefitting individuals, households, and businesses ( We love money ) 

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Budget measures help to evenly distribute the budget to all types of citizens in Singapore, benefitting individuals, households, and businesses ( We love money ) 

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Compassion:
Inclusivity:
Collective responsibility:
Prudence:

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It is to provide support for lower-income families by helping them to achieve stability . self- reliance and social mobility so that they have a good future.

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q1. Singaporean families with young children are getting more support and financial benefits, as part of changes announced in Budget 2023.

Key measures for parents include: a $3,000 increase in the Baby Bonus Cash Gift, more contributions to the Child Development Account (CDA), and four-week government-paid paternity leave.

Lower- to middle-income working mothers will also benefit from the change in the Working Mother’s Child Relief to a fixed-dollar amount, from a percentage of earned income

q2. It is important because:
The Singapore government is offering more help to better support parents with the costs of raising their children.

There is already “a generous set of measures” such as the Baby Bonus Scheme, significant preschool and education subsidies, and tax benefits like the Parenthood Tax Rebate, Deputy Prime Minister (DPM) and Finance Minister Lawrence Wong, said in his Budget 2023 statement on 14 Feb.

But some of these schemes need to be adjusted, to ensure that parents who have greater needs can receive more support.

“To all young married couples: whether you already have a newborn, or you are expecting a baby, or plan to have a baby, we have something to help you in your parenthood journey,” DPM Wong said in his speech.

Here’s a look at the latest announcements — including cash gifts, tax relief, and parental leave — targeted at parents-to-be and families with kids in their early years.

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Q1. What are the budget measures about?
The budget measures are about cushioning the effects of inflation and higher taxes, and to support people who are struggling financially.

This can cushion the taxation on people of the common household in Singapore; car prices, housing prices, property taxes etc. since taxes on these items increased.

Q2. Why are these budget measures important to Singapore?
These budget measures ensure that Singaporeans can live comfortably even when inflation is increasing the prices of common goods by a significant amount.

The reading talked about a calvacade of new taxations that will affect the average Singaporean worker. This means that average living expenses will increase, and saving will thus be harder for the great majority of the Singaporean population.

How does this affect my role card?
The role card states that he wants to marry his long-term girlfriend once they save their first million. This will now be harder due to higher taxes, and getting a car and a house after marriage will also cost more.

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Group 1: Ryan, Nigel, Yi Xiang, Zhiqi, Haijing, Jolene, Lexi, Jadan, Jez

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Group 1: Ryan, Nigel, Yi Xiang, Zhiqi, Haijing, Jolene, Lexi, Jadan, Jez

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Q1. Cushioning the effects of inflation
Q2. Price levels have increased globally, which has affected many people worldwide including the citizens of Singapore. As Singapore is a developed country, price levels will increase drastically due to the high manufacturing and maintenance costs. The Budget is important to help reduce the stresses inflicted on lower to middle tier citizens in these times of high costs of living. Grants help them to afford basic daily essentials and necessities.

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families who have low paying jobs will be supported by receiving fundings from the ComCare Endowment Fund.They will also be aided in the paying of utility bills etc.
The second programme,KidStart,helps pregnant women and children in low income households by having low rates of $3 when enrolling their children in a childcare centre.This encourages parents to put their child in a childcare where they can interact with others and pick up social skills

The ComCare act ensures that more support is received for the parents and that it includes compassion towards new families that are being formed that are of low income

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I just had my baby, David in January. I also have an older child, Petra who is 3 years old. I work as a free-lance writer and earn about $2500 on good months.
- In 4 months' time, I will need to send David to infant care.
- Petra is currently enrolled in Nursery 1.
- Click here for an estimated expenditure: https://dollarsandsense.sg/much-cost-raise-child-singapore-till-age-18/

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Your Reading - More Support for Lower-Income Families 

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Your Reading - More Support for Lower-Income Families 

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I'm a happily retired teacher. I live in my own HDB flat, fully paid up, with my husband. We have no children, just 2 cats. I'm 65 and my husband is 69. Still strong, I think we should live to 85 years old, if all goes well. Yes, we do have savings and CPF payouts but here's a breakdown of my expenses:

https://www.todayonline.com/singapore/singapore-seniors-each-need-least-s1380-monthly-meet-basic-needs-researchers

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Earns $5 million a year (about $400,000 a month)
I love cars. Here're the prices of luxury cars here:
https://www.sgcarmart.com/new_cars/newcars_listing.php?VTS[0]=5

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The Average Singaporean White Collar Worker 

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The Average Singaporean White Collar Worker 

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I work as an Auditor at KPMG. Recently I was promoted to Team Leader and am earning $4500. I live with my parents and have been dating my girlfriend for 10 years. We don't plan to marry until we have saved our first million.

Check out the link to see what the average expenses for a person like me is:
https://www.numbeo.com/cost-of-living/in/Singapore

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The Average Singaporean Blue Collar Worker 

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The Average Singaporean Blue Collar Worker 

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I work as a security officer at Changi Airport. I earn $2,173 a month. I hope to be married to my girlfriend, whom I met in secondary school, and apply for a 4-room BTO in Punggol.

Here's how much we'll need for our dream home:
https://qanvast.com/sg/articles/4-room-bto-flat-renovations-in-singapore-from-sgd28k-to-sgd90k-2590
https://www.propertyguru.com.sg/property-guides/ultimate-list-of-bto-flat-prices-54099

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Consider how the Budget reflects the following values:
(1) Compassion

(2) Inclusivity

(3) Collective Responsibility

(4) Prudence

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(1) Read your role card
(2) Read the article assigned to you
(3) Answer the following questions

Q1. What are the Budget measure about?
Q2. Why are these Budget measures important to Singapore?

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Your Reading - Raising Revenue Through Taxes

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Your Reading - Raising Revenue Through Taxes

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Your Reading - More Support for Lower-Income Families

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Your Reading - More Support for Lower-Income Families