20 Feb '18, 12pm

5 ways Budget 2018 will affect millennials

5 ways Budget 2018 will affect millennials

The Singapore government announced its budgeting plans for the coming financial year yesterday (20 February), and while the discussion may have sounded like poppycock for the cool kids, there were some issues addressed which will directly affect millennials (you ). We pick out five of the most pressing matters annunciated at Budget 2018 which should or would stimulate change in your lives. #1 Ang baos for all Huat ah! All hope is not lost with the SG Bonus in place. Although it’s a little late, we’ll get our Chinese New Year ang baos by the end of this year. With the largest budget surplus collated in 2017, the government will hand out a one time SG Bonus ranging from $100 to $300 depending on your wage. #2 Upcoming GST hike Between 2021 to 2025, GST will increase from 7 to 9 per cent, to fund healthcare, security and other social causes. As much as we’re frowning at the h...

Full article: https://juice.com.sg/5-ways-singapore-budget-2018-millenn...

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