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DBS Financial Planning

At a GlanceLife has its ups and downs. That’s why we believe everyone needs a plan, especially when it comes to money. DBS Financial Planning makes it easier with a proper framework to help you

Save

Manage your debt

Protect yourself and your loved ones

Invest

Plan for your home

Build your nest egg

How you manage your finances can have a big impact on your life and it doesn’t take much to start. With just a few simple steps, you can lay a solid financial foundation.

Make your money work harder

Planning for a rainy day seems almost unnecessary, until something terrible happens, which often leaves room for regrets. Contrary to popular belief, it is never too early to start saving and planning for your future. Having a good financial plan gives you clarity in life, provides direction and meaning in your financial decisions. Learn the importance of a implementing a holistic financial plan and how it can build up your financial resilience. It will be one huge step towards having less worry and stress in our lives, no matter what happens.

Find out some financial tips we have for you here.

Alternatively, start by setting aside 3-6 months’ emergency funds so unexpected events don’t disrupt your daily life.

DBS Multiplier rewards you with up to 3% p.a.* for saving, spending, protecting and investing. In short, all the things you do when you plan your finances right. There’s no minimum income, card spend, investment, insurance or home loan amount.

Let's multiply

Live within your means & never be in debt

Tracking your spending and having a budget puts you in control of your money. It is always a good idea to prioritise saving over spending --that means putting aside money for savings first before allocating the rest of your money for expenses. Always “Pay yourself first”!

Click here to find out what DBS NAV planner can do for you.

Alternatively, check out NAV Planner to analyse your real-time financial health. The best part is, it’s fuss-free – we automatically work out your money flows and provide money tips.

Start your protection journey today

Everybody wants to protect themselves and their loved ones from the unexpected. But many postpone or avoid dealing with insurance because injury, illness, accidents, disasters, and death are topics we’d prefer not to think about. Getting the right type of insurance – health/medical, accident, home, disability and life – are critical considerations in any comprehensive financial plan; that’s why we are here to help you navigate the complexities.

Click here to find out more on ways to start your protection journey.

Time in market vs timing the market

Building wealth is about buying quality assets – equities, bonds, or unit trusts – and allowing time to help you build value. On this journey, learn how to identify what is a good quality asset and the benefits of having a diversified portfolio. Investors learning how to invest might also ask when to invest. Naturally, it is obvious to jump in at the lows and cash out at the highs, but no one can predict the peaks and valleys of market returns. Instead of timing the market, riding it out over a longer period might reap better benefits.

Click here to find out which type of investor are you on our DBS Financial Planning website.

For more information on investment tips, approaches and alternative options, click here.

All ready to start?

With 5 clicks and just S$1,000, you can have a ready-made investment portfolio that’s built by investment experts tailored specifically to your financial needs and goals. Kickstart your investment journey with DBS digiPortfolio. No watching the market, no lock-in, no hassle. Just invest, sleep and repeat.

Start your own digiPortfolio

Less Mortgage, for more monthly savings

Buying a home is one of the most complex decisions to make. Do you buy private or an HDB? Resale or BTO? Then there are the rules, guidelines, grants and loans. Your mortgage might be one of your biggest financial commitment. Paying less interest also means you have more for your daily spending.

Find out tips on shopping for the most suitable mortgage and how to use refinancing to help you save on interest payments here.

Start Planning Now

Check out DBS MyHome to work out the sums and find a home that meets your budget and preferences. The best part – it cuts out the guesswork.

Start Planning

Alternatively, prepare yourself with an In-Principle Approval (IPA), so you have certainty on how much you could borrow for your home, allowing you to know your budget accurately.

Apply In-Principle Approval

Never too early to build your nest egg

Most of us regard retirement as a distant life event and prefer to take it as it comes. But this mindset hinders the goal of retiring well. Never underestimate the effects time and inflation has on your savings. With proper planning, your savings can benefit greatly from the effects of compounding and you can live life with significance and ease even at an elderly age. Here’s a step-by-step guide to help you build one to your specs – and achieve financial freedom.

Ready to start?

Speak to the Wealth Planning Manager today for a financial health check and how you can better plan your finances.

Let's Meet

Start planning for retirement by viewing your cashflow projection on DBS NAV Planner. See your finances 10, 20 and even 40 years ahead to see what gaps and opportunities you need to work on.

Try it now

Always plan for the unexpected

We believe financial planning is important for everyone. The recent pandemic and economic situation has shown us that our lives and financial position can be easily disrupted by an unexpected turn of events. Take this opportunity to review your financial plan so you and your family are always prepared.

Need help planning your finances and finding the right solutions for you?

Chat with our friendly Wealth Planning Managers now. (This chat service is available from 9am to 6pm on Mon to Fri, excluding Public Holidays.)

Live Chat

You may also leave your contact details and we will get in touch soon.

Contact Me

Alternatively, check out DBS NAV Planner on digibank to analyse your real-time financial health. The best part is, it’s fuss-free – we automatically work out your money flows and provide money tips.

Some useful reading

DBS Financial Planning

5 types of protection plans to consider

Your one-stop click for all things insurance

Your one-stop click for all things investment

DBS NAV Planner

Home Loan Glossary

A beginner's guide to unit trusts

5 steps you can take to cope with inflation

DisclaimersRecovery Hospital Cash is underwritten by Chubb Insurance Singapore Limited (“Chubb”) and distributed by DBS Bank Ltd (“DBS”). It is not an obligation of, deposit in or guaranteed by DBS. This is not a contract of insurance. Full details of the terms, conditions and exclusions of the insurance are provided in the Policy Wordings and will be sent to you upon acceptance of your application by Chubb. You should consider carefully if you are intending to switch health policies, as this might be detrimental to your current and/or future needs. You may wish to seek advice from a financial adviser before making a commitment to purchase this policy. In the event that you choose not to seek advice, you should carefully consider whether the policy is suitable for you.

You have a free look period of 30 days from the date you receive the Policy. If you decide to cancel the Policy within these 30 days, please inform Chubb in writing and they will cancel the Policy from its start date and refund the full premium paid, provided no claim has arisen.This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation ("SDIC"). For more information on the scheme, please visit the General Insurance Association or SDIC websites.*Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$100,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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