How much you manage to save monthly?

[ramlee]

I need to get my daughter to help.
But must gv her pocket money gao gao then can move her.

easy. ask her to sell those things on carousell and she keeps the marnee

 

[Lchlch]

Before 2020 Dec, still able to save abit....now 2023...still struggling to save..been 3 years..

 

[hachi]

It is getting hard to save.
Food, drinks, all increased.
Transportation too.

The more you save the harder it gets... Should spend...
transportation expensive... Buy transportation shares.
grocery expensive, buy supermarket shares.
Car inspection expensive, buy inspection center shares..

So when things get expensive... I am happy don't know why...

 

[ramlee]

Only FD...monthly interest not much...sigh..

Getting financial stress gradually.

Buy T-bills ba

 

[ramlee]

The more you save the harder it gets... Should spend...
transportation expensive... Buy transportation shares.
grocery expensive, buy supermarket shares.
Car inspection expensive, buy inspection center shares..

So when things get expensive... I am happy don't know why...

but pap gahment no issue shares

 

[Dividends]

you leech on your parents before marriage?

Ya pretty much, no loans no worries, living with parents is the best.

 

[hachi]

but pap gahment no issue shares

Give? Buy lor... Save no use... The more you save... The more expensive it gets... Unlike you... People here need to work... You alr up 神台... So don't need to work...

 

[Eliwood]

Before 2020 Dec, still able to save abit....now 2023...still struggling to save..been 3 years..

This is why retirement planning shd start as soon as you start working.

Compounding effect is crazy.

Not sure your age but sounds like you are nearing the age where you shd start looking forward to cashing out ur earlier investments liao.

 

[Lchlch]

Overshot again for this month.
Saving dipped...

 

[dry_county]

I try to save 40-50% of my take home pay….

 

[Eliwood]

Overshot again for this month.
Saving dipped...

Maybe u shd try to rationalise ur spendings and see where u can cut, if tge situation bothers u.

 

[Lchlch]

I try to save 40-50% of my take home pay….

That's alot.
Meaning every $1k, ypu save $400 - $500.

 

[Lchlch]

Maybe u shd try to rationalise ur spendings and see where u can cut, if tge situation bothers u.

Most of my expensed are transport n food.
I don't go Restaurants, seldom buy clothes, literally nothing.

 

[Lchlch]

Hope this next month can hit my target.

 

[askxyz]

100%. I eat grass after that

 

[Lchlch]

Maybe hv to lower down the bar...

 

[Eliwood]

Most of my expensed are transport n food.
I don't go Restaurants, seldom buy clothes, literally nothing.

Ur situation sounds dire then. Maybe u shd apply for govt assistance.

 

[randomph]

i douch even have one to start with. Talk simi increase?

Rental income need to pay tax hor

 

[mcylo]

I saved around $2000 at least monthly for the passed 5 years.

$1200 is cash savings to my none spending account. Only use if market crash, used to buy bank stocks.

endowement policy around $800.

Even if get i ge5 bonus, I didnt buy expensive stuff or spent a lot on food, maybe a few hundreds on things I need, eg my hobby.

 

[andyhtc]

I saved around $2000 at least monthly for the passed 5 years.

$1200 is cash savings to my none spending account. Only use if market crash, used to buy bank stocks.

endowement policy around $800.

Even if get i ge5 bonus, I didnt buy expensive stuff or spent a lot on food, maybe a few hundreds on things I need, eg my hobby.

Do you spend your CPF OA on housing?