How much do you think a 20+ guy should have in savings?
-
i 20 and i blasted my savings on my 1 week hk trip on nov!
-
after pay finish uni sch fee, then maybe ard there ba.Originally posted by relax_crown:if i not wrong u got 20k and above bah,Mr university saltue!
I heard now at least 3k plus for engineersOriginally posted by AMEN567889:Uni come out 2.5k starting salary at least..possible la... -
20k.
it's possible and easy to archive.
u ORD at around 21 or 22 years old, after 2 years of work with say $1800 as salary for diploma holder-CPF = around $1400+.
if u save $600 every month, 24 months x $600 = $14400
and u are only 24 years old then. even if u have 0 dollar when u ORD, by 25 years old u would already have more than 20k. -
hmm i think can la.but the problem is not everyone know how to save.u know how to save,dont mean everyone know how to save hor.i got 2friend la let's name them 1 A another B.
A work 5days age 18 and study. he buy this and that speaker,mp4,hp and more u guy know 1 la. he don't have much saving ba...
B work 2days age 18 and study.he spend and save ba.he tell me he got 10k.i believe really. -
dont even need to start after NS. Those who work and study shld know how easy it is. Unless you all are heavy spenders..
-
$800 a mth enuff meh?Originally posted by Gordonator:20k.
it's possible and easy to archive.
u ORD at around 21 or 22 years old, after 2 years of work with say $1800 as salary for diploma holder-CPF = around $1400+.
if u save $600 every month, 24 months x $600 = $14400
and u are only 24 years old then. even if u have 0 dollar when u ORD, by 25 years old u would already have more than 20k.
rent a room $400 ..... left $400 only u know -
really depends on ur commitment lah.Originally posted by Gordonator:20k.
it's possible and easy to archive.
u ORD at around 21 or 22 years old, after 2 years of work with say $1800 as salary for diploma holder-CPF = around $1400+.
if u save $600 every month, 24 months x $600 = $14400
and u are only 24 years old then. even if u have 0 dollar when u ORD, by 25 years old u would already have more than 20k.
U'll be surprised many people cannot even save $500 a month after paying all bills, insurance, parents allowance, transport & food. These are only the basic expenditures, still need to consider spendings when u go out to enjoy. -
hallo, u need to pay CPF horOriginally posted by Gordonator:20k.
it's possible and easy to archive.
u ORD at around 21 or 22 years old, after 2 years of work with say $1800 as salary for diploma holder-CPF = around $1400+.
if u save $600 every month, 24 months x $600 = $14400
and u are only 24 years old then. even if u have 0 dollar when u ORD, by 25 years old u would already have more than 20k.
that's meant u left only $1460
u need to eat, at least $300 per month
u need transport, at least $60 per month
u go out, spend at least $200 per month
pay for hp bill, internet bill, give home allowance, insurance, at least another $600 gone
so is it possible to save $600 per month
if u got gf, that is worst paying for two person -
hmmm. ideal savings by age of 25 is $20K
-
faints!Originally posted by gigabyte14:i 19, and $200
I 19, pay for own driving and clubbing, at least $1k in bank. THough I still find it very little. -
me got ard $20k when me age 20 le... i came frm v poor family and i din received any allowances since age 14...
work pt and save lo. -
I only dare aim 10k.Originally posted by Nadare:hmmm. ideal savings by age of 25 is $20K -
Put your money in endowment/ insurance scheme (5 to 10 years), u get better interest & u don't see the money, u don't spend!Originally posted by Pitot:dont even need to start after NS. Those who work and study shld know how easy it is. Unless you all are heavy spenders.. -
negative 20k
-
yeah...
once i heard a FA said that peoplewho put money in bank are those who make a loss because of the time / furture value..
the only clever one are those who get a FD or getting the $$ to do some investment of buy share of big company exp : singtel.. as far as i know singtel always return some of the "earning" to the share every year...(each share is abt few $$ to even hundred"
just my few cent thought...
cheers.. -
Originally posted by Agenda:I am 18 year. I spend more than I can earn
-
poly grad cannot. uni grad can. nuff said
-
Originally posted by AMEN567889:poly grad cannot. uni grad can. nuff said
Uni grad guys graduate at the age of 24+ ~ 25 leh.. -
if u look closely at my original post, i have already minus off CPF.Originally posted by Kenashi:hallo, u need to pay CPF hor
that's meant u left only $1460
u need to eat, at least $300 per month
u need transport, at least $60 per month
u go out, spend at least $200 per month
pay for hp bill, internet bill, give home allowance, insurance, at least another $600 gone
so is it possible to save $600 per month
if u got gf, that is worst paying for two person
$300 on food is way too much. i spend only around $60 on food. i eat at home most of the time. -
u have to factor in the allowances dat u give parents every month...then amount you spent on bills...Originally posted by Gordonator:if u look closely at my original post, i have already minus off CPF.
$300 on food is way too much. i spend only around $60 on food. i eat at home most of the time.
and if parents never cook anymore, it is not possible to just spend 60 bucks on food -
Originally posted by Gordonator:if u look closely at my original post, i have already minus off CPF.
$300 on food is way too much. i spend only around $60 on food. i eat at home most of the time. 
60 dollar a month
u go home for dinner everyday huh?
u eat yr breakfast at home too? -
yes i eat breakfast and dinner at home.Originally posted by Kenashi:
60 dollar a month
u go home for dinner everyday huh?
u eat yr breakfast at home too? -
not true.Originally posted by eagle:I heard now at least 3k plus for engineers
most likely i heard the highest is 2.8K. -
5 dollars when i just started work at 24...
-
Does CPF count?