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Anonymous
It's an unpopular opinion/decision. Any advice or 'better' ways to use that $5k?
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LOVE SPELLS TO REUNITE WITH YOUR SPOUSE.
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For a fresh grad with $5k saving, would suggest saving up at least 6 mth emergency fund first than to do voluntary cpf top up unless you have specific reason to do so e.g. your salary is very high (8k and above) and you would like to reduce tax.
Perhaps put the 5k into high interest bond.
If you are looking to maximise your cpf, maybe do voluntary cpf OA transfer to SA (any amount after combined 60k oa and sa), as the interest rate for sa is 4.01%. But do consider this is irreversible, i.e. consider if you have plans to buy property in future.
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Oh ChengKok
12 May 2021
Financial Services Consultant at AIA Singapore
Congrats for your full-time role! I understand that you have a $5K saving and intending to put it into your CPF. To see if this is the best way, one thing to consider is your intention of the your money.
Also ask yourself if you have enough emergency funds?
Do you want to see your money only at age 55/65 etc?
Is there are short-term need for the $5k?
Financial planning is dynamic. Hope to hear your intention here.
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HOW I STOP MY HUSBAND FROM CHEATING 2023.
Hello my name is Irene from USA i want to tell the world about the great and mighty spell caster called Priest Murugu my husband was cheating on me and no longer committed to me and our kids, when i asked him what the problem was he told me he has fell out of love for me and wanted a divorce i was so heart broken i cried all day and night but he left home i was looking for something online when i saw an article on how the great and powerful Priest Murugu have helped so many in similar situation like mine his email address was there so i sent him an email telling him about my problem he told me he shall return back to me within 72hrs i did everything he asked me to do, the next day to my greatest surprise my husband came back home and was crying and begging for me to forgive and accept him back he can also help you. Email: [email protected]
https://drmakinidrmurugu.blogspot.com
Whatsapp: +90 538 069 4285
Website: https://drmuruguspellhome.net