A simple advice. Open a CIMB Fastsaver account here. https://www.cimbbank.com.sg/en/personal/products/accounts/savings-accounts/cimb-fastsaver-account.html Create a monthly recurring standing instruction in your current bank account that your salary is credited into, and transfer $300 into the CIMB FastSaver account every month. It gives your 1% interest rate without any condition. No fall below fees. If you like, quote my name as the referral. This method will force you to save. I am using it since one year ago.