Money Talks Podcast: Making the most out of Budget 2025

Here’s an extract of the talk: &nbsp,

Andrea Heng, number: &nbsp,
What do you suggest people can do to maximise and make ( the CDC vouchers ) go even further? &nbsp,

Navin Sregantan, DBS Bank: &nbsp,
I think it does support that now there are two tranches… There’ll get one coming in several weeks from now, right?

Andrea: 
S$ 500 ( worth of vouchers ) in May. &nbsp,

Navin: 
Well, and that’s on bottom of what was already given to us late. Although having two tranches does help me plan it out, using them at the same time doesn’t mean you should buy them in a hurry, as some people may do. &nbsp,

Andrea: 
I am aware of some situations where they would spend a little bit more on ( luxury ) goods. But say, a barber in the village that accepts CDC certificates. You can purchase a S$ 200 wagyu belly or similar item. And that’s it. S$ 200 gone. &nbsp,

Navin: 
But again, it comes down to value… and this might reflect different types of people or different segments of society. CDC tickets might actually be something you can use in place of them if you’re someone who hasn’t been having a lot of savings each month, and you should spread them out even right away.