I’m a first-time parent and here’s how I’m using government support to reduce my out-of-pocket expenses

I’m a first-time parent and here’s how I’m using government support to reduce my out-of-pocket expensesPre-baby, I seldom paid attention to the inflation rate. My dailyincreasing by ten cents? That is not a significant sum for someone from a DINK household.These days, with diapers, childcare and formula - the costs quickly add up.

I typically use my CDC vouchers for groceries and for meals at the hawker centre, so this additional $600 will go some way towards alleviating my daily expenses.And since I live in an HDB flat, my household is eligible for both U-Save and Service and Conservancy Charges rebates.On the personal front, my husband and I are looking forward to the Cost-of-Living Special Payment, which is a cash payment between $200 and $400 for eligible Singaporeans.

As I will be enrolling my child in a Playgroup soon, this news couldn't have come at a better time. If I choose to enrol him in an anchor operator preschool, the lowered monthly fees will be capped at $640 . For lower-income families with non-working mothers, help will come in the form of increased childcare subsidies.I will also be paying less taxes this year, thanks to the 50 per cent Personal Income Tax Rebate for the Assessment Year 2024, which is capped at $200.

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