Anonymous

18 Apr 2019

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What should I do with the extra cash I have on hand per month? Keep to bolster savings, purchase personal insurances, or start investing small? Any suggestions would be appreciated. Thanks!

Because of past spending habits supporting my younger siblings, I have only had started having spare cash.

Currently serving NS, estimating around $200 savings/unutilized cash per month. Estimating ~$2.5k in savings and ~$500 in Nikko AM SG STI ETF via RSP with the only insurance I have in addition to the AVIVA SAF coverage paid for by the SAF.

I have a CDP account and currently in the process of getting a brokerage account set up.

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Serene Toh

21 Sep 2018

Start building up your emergency fund. Then leave it in high interest account. After that can start thinking about insurance & Investment

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Brandan Chen

29 Aug 2018

Financial Planner at Manulife Singapore

If you are already contributing 500 per month into STI, perhaps, u can use this opportunity to bolster your savings as per what Gabriel suggested. Better to always have some spare cash on you post ORD

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Gabriel

29 Aug 2018

Undergraduate at National University of Singapore

Hi, you can consider opening a POSB Save As You Earn (SAYE) account and contribute $100 into that ac...

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