What will some of you guys do with the $300 GST NOV payout cash? - Seedly
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Savings Lifestyle Goods & Services Tax (GST)
Mimi J

Asked on 29 Oct 2019

What will some of you guys do with the $300 GST NOV payout cash?

Is it ok to spent $100 for JB and then safe keep $200 in Stand Chart Jumpstart Account? Since I’m just working part-time for now:)

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    Terence Tan, Financial Services Consultant at Manulife Financial Advisors

    Terence Tan, Financial Services Consultant at Manulife Financial Advisors

    Level 4. Prodigy

    Answered on 30 Oct 2019

    Hi Anon

    I feel that’s a great idea. Take part of the money to go for a short trip and enjoy yourself

    Another thing you could do is take $50 and put it in a Smartly robo-investor account. That way you can earn a little more interest.

    Then place the $150 in a StandChart Jumpstart account that gives 2% PA

    To boost it, can try saving additional 15-20% of all your income. This way you can build a savings habit too!

    Hope this helps!

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    Thank You!
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    Alphonsus

    Alphonsus

    Level 4. Prodigy

    Answered on 21 Nov 2019

    Of course it’s ok to spend a little on travel! Good to save the $200 for future use or investment.

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    V

    Vivian

    Level 4. Prodigy

    Answered on 21 Nov 2019

    Pay off credit card bill if u hv any. Any extra, spend on something u like n save the rest.

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    F

    Furball

    Level 4. Prodigy

    Answered on 20 Nov 2019

    I'm glad you remember to save a portion of it and also to treat yourself a little. Enjoy!

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    Elijah Lee

    Elijah Lee

    21 Nov 2019

    Well, it works for me :)
    F

    Furball

    22 Nov 2019

    👍Love to learn more from you! 😜
    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
    What about
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