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Aging at home strains finances

It's not that easy as it seems. The situations are different, but I agree that the prices for caregiving are crazy.
 
I completely agree. Aging at home can indeed be a challenge, especially when there’s no one around to provide assistance. It can feel isolating at times, and the lack of support can make daily tasks seem daunting. On the bright side, I’m fortunate that my finances are well-managed through pffcu. Knowing that I have a reliable financial institution backing me up alleviates a lot of stress regarding money matters. It allows me to focus more on the other aspects of life and find ways to stay connected and engaged, even if I have to navigate some of these challenges on my own.
 
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Commentary: Relocating for work is tough — but the gains are well worth the discomfort and hassle​

Overseas experience is attractive to employers, notes the writer, but being away from home has its trade-offs. How can we best weigh the gains and costs?

Nurjannah Suhaimi/TODAY
Overseas experience is attractive to employers, notes the writer, but being away from home has its trade-offs. How can we best weigh the gains and costs?
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More and more Singaporeans are seeking to broaden their prospects abroad, but being away from the comforts of home has its trade-offs, notes the writer. How can we best weigh the gains and costs for ourselves?
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Dawn SooThe author with her husband, Finlay Wright, in Hong Kong in March 2023, shortly before they relocated to Dubai

By Dawn Soo
Published September 12, 2024
Updated September 12,

One wonders: Is it truly worth it to leave our little red dot and venture abroad?

According to a new study by Cigna Healthcare, globally mobile individuals experience higher stress levels (86 per cent compared to the global average of 80 per cent). However, they also report better mental well-being — 58 per cent of globally mobile respondents report “excellent” or “very good” levels of mental well-being, compared to the global average of 46 per cent.

This suggests that while international assignments can be challenging, the resilience and adaptability developed through these experiences can also contribute significantly to overall well-being, and by extension, fulfilment in one’s career and life.

Read also​

'Singaporeans need to level up': Companies say flexi-work could push them to hire overseas


However, while overseas assignments can be immensely valuable for personal and professional development, we first have to be clear-headed about the benefits and priorities we are seeking before making that leap.
Having spent a significant chunk of my career based outside of Singapore, here’s my two cents on the matter.
 
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