How to turn the new SG Child Support Package into a bigger nest egg | Money Talks

Starting April 2027, parents will receive S$2,000 a year for each Singaporean child from age one to 16, as part of a new financial support scheme from the government. But if you don’t need the money for day-to-day expenses, how can you invest it towards your own retirement? On the Money Talks podcast, Andrea Heng speaks with SingSaver’s Ayush Goyal about putting the new SG Child Support Package to work. Highlights: 00:00 Intro 02:26 The support package breakdown 05:45 Build your emergency fund first 07:26 Should you leave money in CDA? 08:16 CPF or investments for university? 10:20 Investing with a two-year-old 11:31 What changes with an eight-year-old? 12:06 Starting with a 15-year-old 14:20 Rethinking your precautionary fund 15:23 The money traps parents should avoid ======= #MoneyTalksPodcast #childsupport #singapore #ndr2026 #childfinance Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia