Ask the Expert Series: Post 2020 Budget

In line with the 2020 budget being announced last Tuesday, we are having a special Ask the Expert with Ang Hui Chin, Head of Financial Advisory at PolicyPal, where she will be answering your questions all about financial planning and preschool finances. So start asking your questions from now till Friday ?

Ask the Expert Series: Post 2020 Budget
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Huichin, we heard that you just gave birth two months ago, is it worth it to get a nanny during the first few months?

4y ago

Yes, my little one is 1.5 month old now and I did hire a confinement nanny. Is it worthy? It truly depends. First, it is important to know what the confinement nanny is here to do. Roles and duties of a confinement nanny: 1. Take care of your newborn, including bathing and changing them 2. Taking care of the mother during her confinement 3. Preparing herbal baths and red dates tea 4. Cook nourishing meals for the mother 5. Do simple household chores such as laundry and cleaning 6. Ensure that the mother gets ample rest during her confinement 7. Help guide the mother and the family through confinement 8. Guide you on breastfeeding and latching techniques 9. Help to teach the parents on how to handle the baby It can cost you $3,000 to $4,200 for 28 days depending on whether you engage them through a confinement agency or private nanny directly. Besides those cost, there could be additional fees as follow: 1. Groceries and herbs (anywhere from $800 - $2,000 depending on your c