Hi I'm a 22 y/o in uni. Is it bad if my account balance drops for one month?

Hi Anon! I'm a Uni student as well and it can get quite upsetting whenever I see my account balance drop, but then again as a #brokeunistudent it is quite understandable especially if you're not working. I always try to be mindful about my spending but some months may be tougher than others! I've started investing earlier this year with a robo-advisor, this can be something you can look into to grow your savings whilst you are still schooling and you can decide how much you want to set aside for investing purpose. You can read up more about robo-advisors and investing with the following links:

https://blog.seedly.sg/singapore-robo-advisor-i...

https://blog.seedly.sg/ultimate-personal-financ...

Hope this helps! :)

Negative cashflow = bad.

BASIC EQUATION:
Wealth = saving + income + investment
Saving + investment = income

EQUATION 1
Wealth = (income - Investment) + income + investment
Wealth =2 income

EQUATION 2
Wealth = saving + (saving + investment) + investment
Wealth = 2 (saving + investment)

EQUTION 3
Wealth = saving + income + (income - saving)
Wealth = 2 income

From the equation (1),(3) it shows that you can grow your wealth by having an income i.e. a part time job.

Equation (2) shows you should only to investment when you have a saving

OPINON:
Thus for current situation, i would propose u to get a part time job to have income. Once u have a saving build up then look into investment.