Hi I'm a currently still a student and I was wondering how to I start to save up for my parents who are both spend paycheck to paycheck and do not save.

Yes, very respectable, congrats.

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I can write here mostly on which things to avoid:

https://seedly.sg/posts/what-is-your-general-in...

Hey Anon,

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Really respectable that you're thinking for your parents! Easiest i would think is put aside a dollar everyday. At the end of the month, you'll have $30 dollars.

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Not really life-changing amount BUT it does prove a point that if you're willing to take the first step, then its possible to build greater things on top of it.

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You can then adjust theirs/your preference and maybe put away $2 the next month or just continue with $1 a day.

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End of the year = $365

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You could even do it with 50 cents and end up with $182.50.

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Then you can:

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put that $365 away in a Regular savings Plan/ Blue-chip Investment plan / Robo-advisor and roll it into more money by reinvesting the dividends received/ on the capital gans.

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Or

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just go for a really nice meal because sometimes we get so carried away with saving and putting money away that we forget to enjoy the finer things in life like spending time with our loved ones

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Cheers!