I need 100k cash in 3 years time when my bto is ready for key collection. Currently, I have a debt of 32k which I borrowed from my parents (interest free). What should I do?

How much is your savings excluding stashaway? How much is your bonus? Whats your income?

$100k is a huge sum of money and all investments carry risks and the returns are not guaranteed. Hence, you might want to consider other alternatives to investing which are safer such as buying Singapore Savings Bonds, put it in a Fixed Deposit account or put it in a high interest savings account. As for your debt, maybe you can negotiate with your mum if she is fine with you repaying small sums every month since it does not have any interest so there isn't an urgency to try to clear off your debts as soon as possible as compared to a debt with (high) interest.

I would like to offer a slightly different slant to this issue in my answer.

1. Speak to your parents and ask them if they have any preference for the debt repayment schedule. Are their finances strong enough that they can withstand a slower repayment schedule? Would they feel more at ease (安心) if you could return the money to them sooner?

It would be good to take more care and factor in your parents' preferences. Better to not take for granted that our parents must always be our standby financiers.

2. If you are going to need a lump sum in a short period of time like 3 years, just concentrate on saving and putting the money in SSB. This will guard against any major drawdowns to your net worth closer to key-collection time.

You may or may not meet your target of $100K within 3 years, but with a high percentage of your income saved, you will at least hit your highest potential savings.

As others have said, save, hustle and optimise your finances 😉

3. As for that $100 you are putting into Stashaway, it depends on what proportion of your salary that is. If it isn't much out of your monthly pay, just carry on with it and you might just be able to cash out with good profit when your first child arrives (haha).

Just be prepared that any investment carries risk.

$100/month x 9 yrs= $10.8k

$1000/month x 9 yrs = $100.8k

Only invest money that you can afford to reduce to $0.