You may have noticed recently that your grocery bills have gone up.
Did you know that fresh eggs had the biggest increase of 30% over the last one year?
Global food prices are affected by factors such as pandemic-induced labour shortages, higher energy and freight costs and weather-related disruptions. The recent Russia/Ukraine conflict has also pushed up food prices, as the two countries produce nearly a quarter of the world’s wheat, and are also major exporters of barley, corn and sunflower seed oil.
Read more here: As inflation rises, how much more are you paying for your groceries?

1) Create Multiple Income Streams
Some would call it a side hustle, or a side gig. It is not enough to depend solely on one income source, even Warren Buffett seconds this.
“Never depend on a single source of income” – Warren Buffett
This provides us a certain degree of protection if the main source of income diminishes.
2) Start Investing
The 2nd half of Warren Buffett’s quote reminds us to start investing for a second income source. While inflation works AGAINST us while we sleep, Investments work FOR us when we rest.
3) Complement with Capital Guaranteed plans
For the risk adverse or those who wish to shield their financial portfolio from the volatility in investments, there are still a handful of capital guaranteed plans which provide passive income for peace of mind.
Whether it’s an investment solution or capital guaranteed solution, speak to us to find out which solution(s) is a good fit to your unique financial objectives and portfolio!
Meanwhile, let’s look forward to more social activities where we can re-connect with friends and family, as Singapore eases covid rules next week from 29/03/2022.
Have a good weekend!
Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek unbiased financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
Winnie Chan is a Certified Financial Planner (CFP) and MDRT Court of the Table qualifier (top 5% of advisers) with 15 years of experience in financial advisory services.
She specialises in helping doctors and high-income professionals build sustainable passive income, protect what they’ve worked for, and create a financial legacy for the people they love. Working across different insurers and investment platforms, Winnie focuses on finding the right fit for each client — not the other way around.
Her experience supporting clients through insurance claims has helped families access the financial protection they planned for, providing peace of mind during life’s most challenging moments.
Winnie was recognised as a Top 5 Weighted Premium producer at Financial Alliance in 2025 — out of close to 500 advisers — and received industry-level recognition for Top 3 Single Premium category Insurer award.
She has also brought financial education to organisations including Carousell Group, Singapore National Eye Centre, and Singtel.
Outside of work, Winnie stays active through regular gym workouts and is an accomplished pianist — recently attaining ABRSM Piano Performance Grade 6 (Merit).
She believes balance matters in finances, and in life.
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In compliance with the Personal Data Protection Act, Financial Alliance Pte Ltd (“FAPL”) seek your consent to collect and use your personal data (e.g. name, NRIC, contact numbers, mailing addresses, email addresses and photograph) for the purposes of and in accordance with FAPL’s Data Protection Policy, which can be found on FAPL’s website at https://fa.com.sg/data-protection-policy/.
根据《个人数据保护法》,鑫盟理财私人有限公司征求您的同意向您收集并使用您的个人信息。鑫盟理财将根据公司的个人数据保护政策所阐述的用途使用您的个人资料(例如姓名,证件号码,联系电话,邮寄地址,电邮地址和照片)。 该政策可在本公司网站上查寻,网址为 https://fa.com.sg/data-protection-policy/.
By submitting this form, you are deemed to have read and understood FAPL’s Personal Data Policy.
提交此表格,即表示您已阅读并理解鑫盟理财私人有限公司的个人数据政策