How to achieve 100k savings by 26?

Through savings from part time work during schooling and extreme savings rate from the 1st few years of work.

maybe they also included cpf balances in the 100k?​​​

Hi anon,

You can still achieve it, but it is quite difficult.

Other than obvious ways such as getting a scholarship for university, and saving the bulk of the living allowance, you will have to hustle. One of the most common ones would be teaching tuition.

Let's assume that you can earn $500/mth giving tuition while you are in NS and university (2 students, one on each weekend). That works out to be $30K in 5 years. You're now down to having 3 more years to save another $70K. If you make a reasonable assumption to save $2K a month when you start working, again, with $500 from giving tuition and $1500 from your take home pay, not including bonuses or AWS, you will hit another $72K savings in 3 years.

But the trade off, is that you must be prepared to sacrifice your time, and not engage in wealth destructive habits.