Wednesday, September 22, 2010

Fathers’ Rights – Child Custody Issues That You Must Be Aware Of | Child Joint Custody

Fathers rights in child custody battles are one of the main child custody issues facing dads of children caught in the crossfire of a custody dispute. The first issue that concerns dads is the fear and apprehension that they will automatically lose custody of their child to their mum.

Affordability of housing

This article suggests that a person can spend up to 40% of the monthly income for the monthly mortgage payment for a home. This is too high.

My benchmark is 25% of the monthly income on a loan not exceeding 25 years. Based on my benchmark, which is explained in Practical Guide on Financial Planning, the price to pay for a propery should not exceed 5 years of the combined income. If the couple are both working, the cost of employing a maid should be deducted from the combined income. The negative consequence of putting too much earnings into a home are also explained in my book. There is a need to accumulate savings to meet unemployment, which is now a high risk in Singapore.

My book is available at www.tankinlian.com/ishop. There is a 40% discount under a 5 book bundle.

Licence fee demand by SPH

SPH has demanded a licence and investigation fee from a local website for posting its article in their website. It seems to be quite unreasonable. There is a new for a law to be passed to determine if such action by a media company is acceptable or undesirable. Read www.easyapps.sg/sgep/latest.aspx.

Make CPF Life more attractive

Many member are not taking up CPF Life because they find it difficult to decide between the four options. They are also suspicious that it offers low value to the consumer. CPF Life will be made compulsory for those who turn 55 in a few years time. It is likely to be unpopular. I have written this article to suggest how to make CPF Life more attractive to the public. Read www.tankinlian.com/latest.aspx.

Minimum Wage in Singapore [2]

Read www.easyapps.sg/sgep/latest.aspx for letters and articles about the reasons for and against implementing a minimum wage in Singapore.