Anonymous

24 Sep 2021

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Assuming you have S$1k every month. What would you do with it for investments, savings, and etc.?

Just started working so I'm planning out my budget and have decided to put S$1k aside for investments and savings. I'm in my early 20s, don't plan on settling down yet, school loan is already accounted for in my expenses and I already have an emergency fund settled. So this $1k is purely for saving and my future. And advice appreciated! Thanks!

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Daniel Kok

27 Sep 2021

Maybe do 200 cash savings, 200 insurance and 600 investment. Since you're young, you can go more agressive!

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Marcus Chew

27 Sep 2021

Great to be so ahead in thinking of your futur. I was still YOLO then. Let's assume you have a steady girlfriend so I would segregate it as low cost investments (ETFs/UTs/Stocks), housing/wedding funds (Safer yields cash fund), Self-enrichment use in the following allocations $600/$300/$100.

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Kenneth Fong

24 Sep 2021

Marketing Manager at Seedly

Hi anonymous,

School loan settled under expenses and emergency fund settled.

However, I noti...

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