Free Financial Advices by DBS's NAV Hub

How much do you need to save up for your new phase of life, be it entering university and paying for all your tuition fees, or saving up for marriage and a new home? If you're clueless, don't be afraid because DBS has a solution for you, in the form of NAV Hub offering free financial advices!

DBS, Southeast Asia’s largest bank, launched “NAV Hub”, Singapore’s first financial planning centre by a bank which offers free advisory services, with no financial products being sold! Targeted at young adults, the “NAV Hub” is part of a new financial planning initiative by DBS named “NAV – Your Financial GPS”, aimed at helping customers navigate through life’s changes, uncertainties and opportunities.

The “NAV Hub” is located in the central business district at Tanjong Pagar, and is the first of its kind to be set up by a bank in Singapore. Young adults can enjoy free personalised financial planning sessions with DBS’ NAV crew, where they can learn more about their current financial health, as well as understand their financial goals and how to achieve them.

The financial planning sessions are conducted independent of sales and no financial products will be sold. They can also obtain financial planning tips from the NAV online space and attend monthly financial planning classes at the “NAV Hub” conducted by industry experts.

If you think talking about finances (and basically adult-ing), is very very boring, then here's where you're wrong! To help groups of people who may find financial planning conversations daunting (LIKE ME), DBS collaborated with various partners such as IDEO, a human-centred design agency to develop innovative tools to make these conversations fun and engaging. Which means they have animations for us to visualize and plan our finances. Who doesn't love those?

A NAV session will first recognize your 'mindsets' (aka attitudes and behaviour), help you gain clarity over your goals and lastly, do a quick check on whether your current financial planning helps you to achieve these goals. As for deep diving into certain financial products (e.g. forex investments), there are periodic classes available and details are shared on NAV Hub's website.

Free coffee, free session, and absolutely nothing being sold. It's such an awesome initiative by DBS that I think everyone should totally take advantage of it!

Photos are provided by DBS. For more information, you can head to NAV Hub.

xoxo, kaitinghearts