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Anonymous

22 Nov 2020

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They always say to put aside 30% into your savings+investment account. My question is how many percentage in this 30% goes into savings and how much goes to investments?

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Cryotosensei

09 Jul 2023

Blogger at diaperfinancingfund.blogspot.com

If I'm saving up for a trip, then I will save more and invest less in the months leading up to the trip lor. If I manage to collect some dividends from investing, I may also divert some investing money to my savings. it's a different ball game every month

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Jiayee

22 Nov 2020

Salaryman at some company

The proportion of savings will increase if I have purchases in the near future e.g. home renovation, wedding, etc.

The proportion of investments (and also the proportion of equities) will increase if I'm saving for retirement.

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Elijah Lee

22 Nov 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

I don't have a fixed rule.

In fact, if I'm not saving for a short term goal such as renov...

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