Anonymous
Asked on 17 Aug 2020
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3 answers
Answers (3)
Lee John
Answered on 17 Aug 2020
Dont compare yourself with others, we are all in our special circumstance and no two individuals are the same.
You just need to ensure you are financially sufficient now and for the future. And to do so, you will need financial planning.
Have you got covered adequately by insurance? Have you have emergency funds? Have you have investment goals for future expenditure/retirement? Have you started making steps to budget/invest/learn about personal finance?
Finally, once again, live frugally and enjoy what you have. That's the way to be content and happy with your life. If you keep comparing, there's no way it'll ever end.
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Oh Yi Ning, Financial Advisor at AIA Singapore
Top Contributor (Feb)
Answered on 31 Aug 2020
Hey there!
Most people graduate from university at that age, especially for guys. So there is really little comparison because it really depends on when you started working and your starting pay. There should hopefully be an increment at some point due to career advancement etc. You may want to start small on your wealth accumulation journey and start sorting your insurance coverage too.
Financial planning is an integral part of life. You can reach me here to find out more.
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Shania Loh, Seedly Student Ambassador 2020/21 at Seedly
Answered on 31 Aug 2020
Hi Anon! Every individual is different depending on their financial circumstances and commitments. T...
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