facebookHow much of your salary did you set aside to get started on building your portfolio? What about for average Singaporeans? - Seedly

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Anonymous

18 Apr 2019

Events

How much of your salary did you set aside to get started on building your portfolio? What about for average Singaporeans?

Discussion (3)

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I started off setting aside at least 50% of my salary from the time I got my first paycheck and it is possible once you determine the kind of lifestyle you need and it's relating budget. It works for me - my aim was to hit six figure savings by 25, and also to buy freehold property by that age. I missed by target for property buying by one year (i was 26 then).

Bottom line is - it always helps to have a monthly goal!

Hmm I saved $20,000 in my first year of work (http://www.sgbudgetbabe.com/2014/12/how-i-saved...) and so I used that to start with.

But you can also start earlier even with just $100 a month! Like RSS plans (http://www.sgbudgetbabe.com/2019/03/regular-sha...)

Nicholes Wong

03 Mar 2019

Diploma in Business Management at Nanyang Polytechnic

Im still studying but im aiming to save and invest at least 50% of my income once i start working....

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