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Ben T

Finance at Uni

13 Mar 2022

∙

How much to save/budget?

Hi all, I'm 27 and my SO is 26 this year and we have a 4-rm BTO together coming in 2025. I would like to understand how much should I budget for the wedding (before 2025, possibly in 2024) and home renovations? These are big ticket items so I am a little worried in terms of my finances. Our combined monthly income is around 7.5K currently as we are still new in the workforce. I'm not really sure how to start planning for all of these items.

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clar

05 May 2022

Hello! It was honestly quite shocking how expensive weddings and home renovations are and how easily it could exceed budgets. I found some budgeting tips for weddings and housing renovations that would be helpful for your planning! All the best!

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James Lee

19 Mar 2022

Investment at DIY Investor

Most important to start is to build an emergency fund, 4 to 6X your monthly salary.

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VicT

17 Mar 2022

You should start having a family budget. Layout everything from yours and wife allowances to bills, ...

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Been seeing different accounts of how much emergency funds to put aside, some saying 6-12 months expenses while others preach 6-12 months of salary. How much is too much emergency funds ?

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