DBS For Young Adults

2023-07-13 13:33:13 Want to understand the landscape of financial planning in 2023?

This DBS study analysed anonymised and aggregated data and there's a lot to digest here.

Here's what will likely to impact you as a young adult:

SAVINGS
Improved wallet bandwidth for most, except for boomers and low income groups w/ savings dipping below the advised 3-6 months

INVESTMENTS
Investments growth likely channelled from savings, and shifts towards less risky assets

CREDIT CARDS debt looks manageable despite the increase in card spending

GIG WORKERS expenses outpace income & their tapping into their savings more

MORTGAGES are rising but remain manageable except for the low-income group who are using more of their income growth to repay their mortgage

All the deets here:

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2023-07-10 13:00:53 Bruh, unexpected medical expenses can add up.

Take control and enhance your basic health plans with an Integrated Shield Plan and CareShield Life Supplement to get higher coverage and payouts.

And with multiple options available, we’ve made it easier for you to compare and choose a plan based on your budget and needs.

All the deets here:

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2023-07-07 12:00:08 1 week left to win big while slayin’ your financial game!!

There are Apple products up for grabs in the DBS & POSB Community! Just tell us..

WHAT ARE YOU PLANNING FOR?

Here's how to join:

Check all your goals in the ‘Plan’ tab on digibank. Add more goals if you need to!
Go to the contest thread on the DBS & POSB Community
Submit your entry by 14 July 2023!

Whether it's building your emergency funds, saving to upgrade your home, or increasing your passive income - join the community and tell us what your biggest money mission is.

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2023-07-06 12:34:11 Find it cumbersome to crunch numbers on spreadsheets to plan your finances? We got you, friends.

Be like the 3,263,259 of the peeps on digibank who know that planning finances with spreadsheets is so yesterday.

No more head-spinning calculations or brain-crushing formulas. Simply let ‘plan’ on digibank do the heavy lifting for YOU!

What to expect? Get an overview of your finances and easily plan your finances with personalised advices and recommendations!

Tap here to start:

115.1K views09:34

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2023-07-03 12:31:24 Open / Comment

2023-07-02 07:00:54 Calling eco-warriors: GREEN-HOUSE is back with DBS Live Fresh Card as the Official Card Partner for their 2023 edition!

Sign up for our free #FreshDropFriday: Green House Workshops and learn to create upcycled pieces like a beach-inspired necklace, coffee scrub or fabric coasters.

Mark your calendar now!
8 & 9 July 2023
10am - 9pm
Castlery, Orchard Flagship

For more deets:

What else is going on? Well…

Discover more than 70 sustainable home & lifestyle brands and partners.
Enjoy up to S$17 off and a free Powder Shampoo (worth S$14.90) when you pay with your DBS Live Fresh Card via ShopBack.

Take sustainable actions with just a few taps on DBS LiveBetter via the digibank app. Track, offset, give and invest in a greener future today!

Don’t have the DBS Live Fresh Card yet?
Apply now & get S$150 cashback.
T&Cs apply.

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2023-07-01 07:00:28 Calling all NSFs : It’s gonna be super EPIC and LIT this July!

Coz DBS/POSB exclusive NSFs deals are BACK this SAF Day, BIGGER AND BETTER!

Highlights:

Receive up to S$130 cash reward for crediting your NS allowance to DBS/POSB

Get additional 3.5% p.a. interest on your savings for the first 2 years when you open a POSB Save As You Earn account

Earn a phenomenal 10X more Moolah$ when you sign up to play MoolahTycoon and refer your fellow NSF buddies

Stand a chance to win an Apple MacBook, iPad Pro and more in our SAF Day 2023 DBS/POSB x Lazada Exclusive Lucky Draw when you credit your NS allowance

…and MORE!

Deets here:

T&Cs apply.

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2023-06-30 13:06:15 Curious about how much CPF you’ll have by the time you’re 55 years old?

You can simply find out through your digibank app:

Just head on over to the ‘Plan’ tab and tap on ‘See projection’ under ‘Retirement’. You’ll see your CPF future balance and your projected CPF LIFE payout from age 65.

Plus, find out more deets on how far off or near you are to achieving the targets for your:
Basic Retirement Sum (BRS)
Full Retirement Sum (FRS)
Enhanced Retirement Sum (ERS)

Tap here to start:

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2023-06-27 13:01:02 PSA to my squad: Ditch that investment advice from your friend’s friend, okay?

Trust me, bro, it’s a straight-up recipe for disaster!

Be like the 208,755 on digibank who know what’s up when it comes to investing.

Let’s play it smart like them and keep our hard-earned dough away from shady tips.

Be your own investment guru with all your financial info at your fingertips.

Start here:

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2023-06-26 13:01:08 Yay to more NS allowance! National Servicemen, what are your plans with the upcoming July 1 salary increment?

We stan a king that knows how to treat himself, as you should.

On a more serious note, don’t forget to start planning for the serious stuff too coz unexpected stuff do happen!

While you continue to hustle for your future, DBS Vickers & ProtectFirst are here to ensure your well-being.
Enjoy a WHOPPING 6 months of complimentary* ProtectFirst insurance coverage on us when you sign up for a DBS Vickers Young Investor Account!

Here’s how:
Sign up for a DBS Vickers Young Investor Account
Once your application is successful, look out for a confirmation email from DBS Vickers with instructions on how to receive your 6 months of complimentary* ProtectFirst insurance coverage.

Promo ends 30 June 2023. *T&Cs apply.

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