Do Government Vouchers Benefit Your Life?

When dealing with inflation, one of the most frequently discussed solutions is distributing money in creative ways, and the Singapore government seems no exception. Looking at it holistically, it’s clear that the government is employing a combination of strategies. Starting January 3, every Singaporean household is eligible for S$300 in Community Development Council (CDC) vouchers.

avatarjethro
01-14
$ocbc bank(O39.SI)$   While the CDC vouchers is a welcomed move by the Gov. It seems counter productive to the raising costs of lliving in Sg cushioning the impact... BUT... The increase in GST, petrol taxes, COE, water taxes ( we r charged 3x) electricity and the list goes on.... The cost of living is high and still increase taxes further putting a strain on the households of common citizens I think the Gov could do better by moderating the ever increasing cost of living than to just give $300 with restrictions on using it... Well, than again it is better than nothing... Haha 😅 😅 😅 
avatarBomlife
01-14
It’s a great way to show that the government care for the community and give subsidies for the people of sg. I believe to be able to cope with inflation is to invest more and earn more to come to combat inflation . My idol is @koolgal @MojoStellar see their results and u can combat inflation easily . ❤️🌹
My giving CDC vouchers will only add to inflation. Across the whole island of Singapore, from small convenience store to big supermarkets, all of them increased the price for all items. Who don't want to earn the Gov money? Same goes to GST.. When Gov up 1% to 8% food stalls up their food by $0.5 to $1.. Our Gov again increased GST again by 1% to 9%, food stalls again increased by 0.5 to 1%. Have anyone seen prices drop after they increased??😁😁
$ocbc bank(O39.SI)$  The GST voucher feels like getting a few drumstick bones back after someone has eaten both our chickens, yet we're expected to say, "Thank you so much for helping us." All this "help" benefits were excessively exaggerated in the news and on social media. The middle class is really getting squeezed to the max! We’re getting less support while feeling the pinch of rising prices way more. These price hikes are racing ahead of our stagnant salaries and frozen GST vouchers. Meanwhile, the cost of living just keeps climbing, like it’s on an endless escalator! Welcome to the price hike carnival 2025 where every item on your shopping list now comes with an extra 2% GST, escalating from 7% to 9%, and don't forget
avatarMrzorro
01-12
CDCvoucher nodoubt is a good way to ease the financial burden on citizens while promoting economic growth. It is a win-win solution. Besides that, the other government's payout  (CPL, Majulah package, etc.) also benefits different ranges of citizens. I think the Singapore Government has done a great job! [Victory]
avatarAxekay
01-10
The CDC vouchers, while good efforts from the government, are too immaterial to curb the impact of inflation over a long period of time. Seem to be an initiative to please the public and improve public perception rather than a proper financial mean.
$ocbc bank(O39.SI)$  Good luck plane 
avatarSpiders
01-09

Coping with Inflation: How Tiger Brokers' Stock and Cash Vouchers Help Me Stay Ahead

Inflation can feel like an ever-growing burden, eating away at your purchasing power and making everything a little more expensive. But one of the ways I’ve been able to ease some of that pressure is through the stock and cash vouchers offered by Tiger Brokers. By earning Tiger Coins through various activities on the platform, I've been able to redeem them for vouchers that significantly help me cope with rising prices. Tiger Brokers offers an array of fun and easy ways to earn Tiger Coins, which can later be redeemed for stock and cash vouchers. Some of these activities are as simple as logging into the app daily, viewing a handful of trade feeds, or engaging with the community by liking posts and sharing my own thoughts. For example, completing daily tasks such as sharing three posts or
Coping with Inflation: How Tiger Brokers' Stock and Cash Vouchers Help Me Stay Ahead
avatarELI_59
01-09
It does help a bit to combat inflation, maybe for a few months. For those low income family, it’s a relief to receive $300 CDC Vouchers. Hope more help like this will be more forthcoming as there are alot of low income families. @Tiger_SG @TigerWire @TigerGPT
avatarSPOT_ON
01-09
i love any our government dishes out !! @Tiger_SG @Success88 @Ron18 @rL @MHh @AyKing
avatarkoolgal
01-09
Replying to @SPACE ROCKET:Oh dear!  I am sure you will not forget this year😍😍😍//@SPACE ROCKET:HAHA we forgot to use last year's $500 worth of vouchers and ended up giving them away on 31st Dec 🤣🤣 @icycrystal @Shyon @koolgal
avatarAN88
01-09
$ocbc bank(O39.SI)$  yes but not for long as inflation still persists 
avatarECLC
01-09
Yes, have been using the vouchers and spending less cash. Timely for CNY shopping :)
CDC voucher is an excellent way to help citizen bear the brunt of higher costs on basic and essential goods and services. It's better than outright cash, which may be spent on lottery or toto or outside the country. Increasing domestic consumption promote a healthy economy. Subsidies or rebates on utilities and transport serve its objective well.  Top up medisave is indeed a v wise strategy in helping young n old cope with rising medical and hospital expenses and premium. Holistic care is excellent approach. Citizens can help themselves to cut down by looking for cheaper alternatives n spending on needs and not wants. My personal opinion only.
avatarDiAngel
01-08
I would rather government gives cash than CDC Vouchers. There are black market where people sold their $300 CDC voucher at 10% discount for cash. These are the people that are in need of money and not vouchers. They might need it for their medical bills or transportation or things that CDC vouchers cannot do for them. These are the people that government should take good care of them and understand their needs. Or try to understand what matter more to them and not vouchers. I dislike that supermarket vouchers are in denomination of $10. Why can’t they give it in $5 where it is easier for purchase? Maybe that’s why older folks sold theirs in black market. I don’t think it is an effective way to combat inflation. I will never be able to enjoy the incentives provided by NTUC eg spending $60
I had claim mine. If CDC can use to buy stock and grown dividends that will be even better. Anyway $300 nothing much as food inflation go up. Every meal also expensive ☹️
avatarMHh
01-08
They are stimulatory measures. They basically ‘force’ Singaporeans to spend instead of cash which may be just sitting in the bank accounts. I personally prefer cash but vouchers would be better for the economy. Spending at the hawker centres using the CDC vouchers instead of eating at more expensive options like restaurants would be helpful to cut cost. Minimising waste like not wasting water, electricity and food would be helpful too. Very important to spend within one’s own means.