The Most Misunderstood Scheme (In Singapore)

This is Part I of my attempt to demystify what the Central Provident Fund (CPF) is about. Also, a huge THANK YOU to my 50 friends who have supported me thus far :-) A Better Manth is nothing without your support. 5 Misconceptions: 1) You do not get CPF contributions for part-time work 2) You can use your CPF money to buy a HDB flat and then sell it to withdraw money 3) You cannot use your CPF to pay for house after turning 55 4) You need to top-up your medisave to the BHS 5) Money put in your CPF cannot be taken out CPF Link: https://www.cpf.gov.sg/members/FAQ/sc... Connect with the Tribe on Social Media! https://linktr.ee/abettermanth Credits/ Equipment Video: Singapore, A Study of A Port (1954) - 7:58-8:12 Fascinating Singapore 50 years ago - 3:26-3:55 Singapore 1970s: A Nation Comes Of Age | In Our Time | Full Episode - 0:01-0:25 Singapore 1980s: A Nation Is Tested | In Our Time | Full Episode - 0:01-0:20 National Day Rally 2007 (English) - 59:20-1:00:00 Pioneer Generation Package (Mandarin) - The Musical 0:25-40 Music: Mr. Chase - Wild Cherry Thumbnail: Made using Canva Camera: Sony A6000 with Sigma 30mm f1.4 Host: Ling Jit Thong Disclaimer: A Better Manth is not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by A Better Manth are from my personal research and experience and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.