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Anonymous

19 Dec 2021

Saving Hacks

What’s a good joint savings account for small monthly deposits, no withdrawals?

My bf is 28 and i’m 26. We’re planning to start an account to save up for the future. We have our own investment/savings plans etc but wanna do a joint one for future expense. Hence we’re only planning to put $500 a month (10% combined income after cpf)
I’ve read a few articles but i think their realistic interest is not updated according to reviews.
Was considering Maybank iSavy or OCBC bonus+
Any advice or recommendations please?

Discussion (3)

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Sabrina Wong

10 Jan 2022

Communications at University at Buffalo

Hi there, with this ongoing pandemic, I feel that the returns provided by the banks are extremely conservative and do not really make your money work as hard as you would want it to. Will you consider other investment platforms?

My partner and I have recently started our financial journey and we found investing in gold super interesting particularly as we want our money to grow but without the volatility that comes with investing in high risk options with the added advantage of liquidity for when we need cash. Here's an article for your reading, if you are interested: https://bit.ly/case4gold

JK

27 Dec 2021

Salaryman at Random Company

Hi Anonymous. Have you taken a look at POSB's SAYE? Offering 2% interest if you do not withdraw from...

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