Anonymous
I just want to have a rough gauge as to what a good amount of savings I should have by age 21?
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Pang Zhe Liang
10 Dec 2019
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
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Assuming you are still studying, at least enough monies to cover your daily expenses until your school holidays
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Assuming that you start from scratch and have used every opportunity available to earn money, e.g. part-time work during vacation, you should have around $20k to $30k in your savings.
Thereupon, the next thing is on how well you are using this money to maximise its value. =)
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