Going into Uni soon (4 years) which I will be paying for the tuition fee myself and plan to start applying for BTO next year, any advice on the best way to save to juggle my finances?

Hi,

First of all, don't get too stressed about this by yourself. Talk to your partner about it and discuss on how to manage this together. If you all apply for BTO, please do consider applying one that is within your budget instead of aiming for those in expensive mature estates. (Can get grant also, dependin on your finances and income from both sides).

If you are getting BTO soon, you only need to downpay 5% + misc fees etc first and another 5% when you collect the keys, assuming you go for 90% loan from hdb. For renovation, $30k to $40k should be enough for a 4rm flat. ​​​

Bank loan: 25% downpayment, 5% cash 20% CPF/cash.

1) You must set a budget for ur house that u willing to pay.

Eg. $400k BTO. Cash $20k , cpf $80k.. 50-50 with your spouse. Excluding other fees

Your saving/investment ($30k -$40k) probably is more than enough for your cash portion. But the CPF portion? If you have to worked 5years with cpf contributed by u + employer then shouldnt be an issue.