facebookShould I park my savings in high interest savings account or Syfe Cash+ for wedding and buying house in 1-3 years time? - Seedly

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Anonymous

02 May 2022

Saving Hacks

Should I park my savings in high interest savings account or Syfe Cash+ for wedding and buying house in 1-3 years time?

I've alr parked aside my emergency funds ($10k) in Singlife, but wanted to get some advice on whether a high interest savings account or Syfe cash+ would be a better option to park my subsequent savings towards short term goals in 1-3 years (e.g wedding, buying/renovating house, etc)? Thanks!

Discussion (1)

What are your thoughts?

If money which die die need one, go with high interest savings account.

but let's say if you can lower expectation of wedding ceremony, or buy a smaller house because when the time you need to liquidite the money there is a lost, then go for cash+

these days short term can flutuate widely. there are no certainty on many things. even insurers who pride themselves to deliver for the past 10-15 years had to cut bonus and interests last year.

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