Is NS allowance enough?

I’ve always get disappointed about our NS allowance. It is so little and unfair. But after reading Rich dad Poor dad, I realised that at end of the day, the heart of serving is not for money but for somethings else. In this case, for the country. Low income made the poor complain. However, it also made certain individuals become even more Creative in making money work for them. I don’t know about you but, NS is giving me a more valuable lesson: Don’t work for money, make money work for you.

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Nicholes Wong

07 Jun 2019

Diploma in Business Management at Nanyang Polytechnic

Sup im going NS next year. Im planning to save $15,000 in the 2 years time. Then ill use the money to invest. If i lucky get into SCS/OCS probably will save even more as well. I also considering to help others with their guard duty charge them like $100 during normal days (special occasion can charge more haha). Since i dont have GF anyway hahaha. Might as well take guard duty earn abit and stay inside eat free food haha.

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Gabriel

19 Sep 2018

Undergraduate at National University of Singapore

Well it's not exactly a lot but if your unit requires you to stay in, it will help a lot in saving up as you'll have lesser expenses such as transport & food. I set up a POSB SAYE account which forces me to save a part of my salary every month and in turn, earn 2% interest on those savings after I ORD

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Yong Kah Hwee

19 Sep 2018

Enough for what? you have to ask yourself that. If you have bills to pay, dependants to feed, then t...

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