How much do you earn and save?

Originally Posted by Unregistered

30M, fintech mnc

Take home ~9.3k
Food - 1.3k
Rent - 2k
Parent allowance - 1k
Entertainment, fitness and transport - 1.5k
Bills (telco etc) - around 400 I think

I know many will say I spend a lot, but it is difficult to cut back once you get accustomed to certain habits. For food I try to get quality food in as I see it as a health investment, rarely have time to cook however.

Really trying to boost my income in the next 5-10 years and also move from renting to owning my own house

You save 1/3 of your take home pay, that is considered not bad already. Have you tried putting your savings into stocks to increase your passive income?

Originally Posted by Unregistered

You save 1/3 of your take home pay, that is considered not bad already. Have you tried putting your savings into stocks to increase your passive income?

Yes, most of my liquid savings go to us equities actually, though at my age I still regard active income as key

Originally Posted by Unregistered

30M, fintech mnc

Take home ~9.3k
Food - 1.3k
Rent - 2k
Parent allowance - 1k
Entertainment, fitness and transport - 1.5k
Bills (telco etc) - around 400 I think

I know many will say I spend a lot, but it is difficult to cut back once you get accustomed to certain habits. For food I try to get quality food in as I see it as a health investment, rarely have time to cook however.

Really trying to boost my income in the next 5-10 years and also move from renting to owning my own house

Despite your earnings, your allowance to parents is quite low? My take home pay is 1/3 of yours but already giving 1.2k to my parents. It seems like either everyone is giving very low.

Originally Posted by Unregistered

Despite your earnings, your allowance to parents is quite low? My take home pay is 1/3 of yours but already giving 1.2k to my parents. It seems like either everyone is giving very low.

Are you living with your parents?

32M, Engineer, single and still living with parents
Take home 9.2k (average pay package is 17 months)


Investments $2000-3000
Mother allowance $500 (my dad refuses to take)
Insurance $750
Bills $20 (using GOMO SIM only, dad pays for the rest)
Spending on food (no gf) $500

The rest accumulate in bank.

Originally Posted by Unregistered

30M, fintech mnc

Take home ~9.3k
Food - 1.3k
Rent - 2k
Parent allowance - 1k
Entertainment, fitness and transport - 1.5k
Bills (telco etc) - around 400 I think

I know many will say I spend a lot, but it is difficult to cut back once you get accustomed to certain habits. For food I try to get quality food in as I see it as a health investment, rarely have time to cook however.

Really trying to boost my income in the next 5-10 years and also move from renting to owning my own house

Assume you are single. The key is to cut down your expenses. A higher income would have allowed you to own a house already.

Years down the road you may regret for spending too much. Easy to spend more when you earn more but this just gives you temporary pleasure.

Originally Posted by Unregistered

Assume you are single. The key is to cut down your expenses. A higher income would have allowed you to own a house already.

Years down the road you may regret for spending too much. Easy to spend more when you earn more but this just gives you temporary pleasure.

Where do you suggest I start then? To me rent is the biggest thing I want to displace, but I’m hesitant about buying a condo because of the down payment. (Public housing not in the picture, my gf bought a studio condo)

I honestly feel boosting my income is easier than trying to save more, so hoping to keep expenditure consistent, also not interested in having kids

Originally Posted by Unregistered

Where do you suggest I start then? To me rent is the biggest thing I want to displace, but I’m hesitant about buying a condo because of the down payment. (Public housing not in the picture, my gf bought a studio condo)

I honestly feel boosting my income is easier than trying to save more, so hoping to keep expenditure consistent, also not interested in having kids

It is good to boost income but you cannot guarantee not spending even more.

You could have used the saved money to pay for house payment.

You have a headstart in pay but unfortunately its always the expenses that hinder most people.

Early 30s m
Work in faang making around 30k per month
Give parents 3k a month
Helper 1k a month
Kids 2k a month
Mortgage and maintenance 8k a month
Food and utilities 1k per month
Save up around 15k a month to throw into us equities

Early 20s
- Just started as SWE in large tech, 5-6k+ per month

- $500+ in food when I'm bulking, $350 when cutting.
- $100 in utilities ( internet, sim card, electricity )
- $2k a year Life & Wellness costs ( gym membership, supplements etc ) paid by company
- Savings 3.5k per month

I don't give my parents allowance because they have money. Only stupid people have kids when they're poor af, I sure as hell won't get married and have kids unless I hit 10k / month with at least 750k in savings.

Food cost varies depending on whether I'm dieting or bulking for the year. Unlike morons I don't just eat whatever I want like a brainless monkey.

I adjust telco plans depending on situation. During COVID and WFH, no point having a monthly plan so swapped to sim only and paid like $20 7 months ago.

Looking to retire by 35.