How much do you earn and save?

take home = 4k
cash savings + endowment + investments = 2.2k
parents allowance = 1k
food + transport = 450
insurance = 60

btw, saw on the thread that someone said to maximise income. Just wondering how we can do that, especially for fresh grads?

Originally Posted by Unregistered

take home = 4k
cash savings + endowment + investments = 2.2k
parents allowance = 1k
food + transport = 450
insurance = 60

btw, saw on the thread that someone said to maximise income. Just wondering how we can do that, especially for fresh grads?

My advice is spend more time and money on improving your salary potential. Straightforward stuff like getting professional certs, learning more about your industry, network, know what your colleagues are doing.
Money not just for courses, but join events and even cater some budget for coffee chats. I used network using linkedin, find someone interesting and invite them for coffee/lunch.
Then do spend some time, even without money, on your personal development; like health and fitness, side hobbies. Many of my model managers and executives still look sharp at their 40s/50s, with interesting hobbies too.

So the goal is to upgrade your image, so people will perceive you as a potential managerial material. Of course, your work performance must be solid. And naturally, people will want you in higher positions, and higher pay will follow. No need to chase for it.

IMO, that's a better use of time than focusing on investments and side hustles.
And it did work well for me

Total income around 50 k average a month since last year

Save: $45,000 every month
On track to becoming a millionaire

I'm currently 32 y/o male, Married with 2 kids

I used to be a pond scum (quote from wolf of wallstreet) engineer in the construction industry drawing a 3 k salary at the age of 25.

Explosion came when I obtained the holygrail in the industry and went into doing business, and learn how to make deals. I went from 5k a month salary to a parabolic curve of avg 50 k a month now, only took me like 6 months to climb to current levels. I still cannot believe I am making so much now. The best part is I am super good in investments as well, bought in US equities in the market crash of april this year and had 300% returns till date. Believe me I am no troll.

I used to read these forums when I was drawing very low salary, and was thinking how on earth some others can make so much, I used to think those braggarts were just ********ting as well. When I make this much myself, I realised there are actually tons of very rich guys making a boat load of money whom have been quietly flying under the radar.


Everything is surreal and I must have done something really good in my past life. I wish all other members all the best and I hope I can do something in return to the community one day.

army regular
take home = 4.8k
parents allowance = $500
food + transport = $300-500 (estimate, usually eat at home)
insurance = none yet, haven look into it, probably should but too lazy.

investment = usually about 2k -3k each month

rest go into saving account.
no car, no house, single :<

Originally Posted by JJJ

Total income around 50 k average a month since last year

Save: $45,000 every month
On track to becoming a millionaire

I'm currently 32 y/o male, Married with 2 kids

I used to be a pond scum (quote from wolf of wallstreet) engineer in the construction industry drawing a 3 k salary at the age of 25.

Explosion came when I obtained the holygrail in the industry and went into doing business, and learn how to make deals. I went from 5k a month salary to a parabolic curve of avg 50 k a month now, only took me like 6 months to climb to current levels. I still cannot believe I am making so much now. The best part is I am super good in investments as well, bought in US equities in the market crash of april this year and had 300% returns till date. Believe me I am no troll.

I used to read these forums when I was drawing very low salary, and was thinking how on earth some others can make so much, I used to think those braggarts were just ********ting as well. When I make this much myself, I realised there are actually tons of very rich guys making a boat load of money whom have been quietly flying under the radar.


Everything is surreal and I must have done something really good in my past life. I wish all other members all the best and I hope I can do something in return to the community one day.

Teach me pls.

2 years after uni. I’m still a pond scum at a bank drawing ~90K (max 120K with bonus) per annum.

Originally Posted by Unregistered

Teach me pls.

2 years after uni. I’m still a pond scum at a bank drawing ~90K (max 120K with bonus) per annum.

is this FO? seems too high for BO but low for FO too

Originally Posted by Unregistered

Teach me pls.

2 years after uni. I’m still a pond scum at a bank drawing ~90K (max 120K with bonus) per annum.

Which bank

31M
Income >> 9k/month
Salary 8.5k/month
Dividends 0.5k/month

Expenses >> 4k/month
CPF 1.2k
Parents 0.8k
Taxes 0.25k
Bills 1.75k

Net Savings >> 5k/month
*excluding bonuses which also go into savings

Working in Finance/IT

Originally Posted by Unregistered

My advice is spend more time and money on improving your salary potential. Straightforward stuff like getting professional certs, learning more about your industry, network, know what your colleagues are doing.
Money not just for courses, but join events and even cater some budget for coffee chats. I used network using linkedin, find someone interesting and invite them for coffee/lunch.
Then do spend some time, even without money, on your personal development; like health and fitness, side hobbies. Many of my model managers and executives still look sharp at their 40s/50s, with interesting hobbies too.

So the goal is to upgrade your image, so people will perceive you as a potential managerial material. Of course, your work performance must be solid. And naturally, people will want you in higher positions, and higher pay will follow. No need to chase for it.

IMO, that's a better use of time than focusing on investments and side hustles.
And it did work well for me

So I find you interesting. Can I know you ?

Originally Posted by Unregistered

is this FO? seems too high for BO but low for FO too

FO, BB.

I am at a S&T desk with a TMT group. Went in straight from an analyst grad programme.

I don’t know whether people inflate their salary but this is what I’m earning.