How much do you think a 20+ guy should have in savings?
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i'm turning 20 on thursday!!!(dont say i never remind you all hor)
i got $800+ in bank, $150+ in wallet.
ORD in april08. studying in uni till june 2011. -
yeah...Originally posted by ditzy:Does CPF count?
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I thought this is a very subjective question?
guys normally lose out to women during mid-20s, sad to say, thanks to our pride to serve the nation.
at a bare min, a guy should save 20% of his salary every month.
so depending on his salary and number of mths/years working, he should at least roughly have that figure. -
lose 2years but got alittle of salary from army also count?can say helping also if u got ns you work more money also.Originally posted by extrinsic:I thought this is a very subjective question?
guys normally lose out to women during mid-20s, sad to say, thanks to our pride to serve the nation.
at a bare min, a guy should save 20% of his salary every month.
so depending on his salary and number of mths/years working, he should at least roughly have that figure. -
Well i'm 23 only, i guess saving should be ard 6 times the amount of ur pay. shouldnt be hard for most working guys like myself. halfway there... long way to go haha...
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Those earning u mention i believe you mean are the dividend. Well u cash will be tied down for the entire year if u do so. so unless u have additional cash to spare, its not really wise to investment the entire savings into shares. =þOriginally posted by gforce199: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..
Things i;ve said are all IMO. -
Got only ten cents -
4k here , friend has 10k . both 17 years old . thinking of investing in blue chip stocks in the future if i have the money
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CPF no counted....coz thats inside...u cant spend it anyhow..
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me 22 this yr .. and just spent all my 4k savings just like that
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it's good to start saving when you are young.
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most guys at early 20s are like negative x thousands of dollars
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many of my guy frens, even reach 30 le also dun have $10K in savings.
in fact, girls got more savings. -
yalor yalorOriginally 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
for me, home allowances and expenses about $400.
own bills, transport and meal expenses about $350 ba.
then my entertainment/therapy expenses? probably $300.
how to save $600?
now i also headache.. coz i have to pay my sch fees soon.. and im planning to further studies.. even if i scrimp and save also financially tied. -
4k more than enough to invest already.Originally posted by 2cansam:4k here , friend has 10k . both 17 years old . thinking of investing in blue chip stocks in the future if i have the money
but be careful wor...
i cut loss liao.. took out my money
made some losses..
but better than losing everything..
not going to invest anymore in the near future. -
Pika got less then 1k
i spend all my salary... lol -
$32,000 @ 22 years old
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[($900 x 12 = $10800) X 3 = $32,400]
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$6000 performance bonus
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[($250 x 12 = $3000) X 3 ] = $9000 ---cpf contribution
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$79,000 of saving @ about 25 years old
nice~
*assuming that all goes within plan -
200% agree with u... especially in sg... just look at their bank interests rate lah....Originally posted by gforce199: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..
mi got over 250K saving including CPF.... any gal wan to marry mi?
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rest assured i'm not one of them.Originally posted by browniebaobao:many of my guy frens, even reach 30 le also dun have $10K in savings.
in fact, girls got more savings. -
i know gao de u rich.Originally posted by Gordonator:rest assured i'm not one of them. -
no lah. not rich lah. can do lah.Originally posted by browniebaobao:i know gao de u rich. -
sometime not easy to save up cos u will be tempt by some of the things u desire to buy.
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yalor yalor!!Originally posted by 798:sometime not easy to save up cos u will be tempt by some of the things u desire to buy.
everytime hesitate, dun buy.. until one day really decided to go buy le, that item sold out liao..
i hate that kind of feeling. -
O.o no ambition to own car, girl, house and club?Originally posted by Perception:$32,000 @ 22 years old
+
[($900 x 12 = $10800) X 3 = $32,400]
+
$6000 performance bonus
+
[($250 x 12 = $3000) X 3 ] = $9000 ---cpf contribution
------------------------------------------------------------------
$79,000 of saving @ about 25 years old
nice~
*assuming that all goes within plan -
girl can be owned mehOriginally posted by Quinsy:O.o no ambition to own car, girl, house and club?