As shared in my previous post, I've hit $300k cash savings before I reach 30.
The achievement is due to a mix of various factors - from being frugal to loving to take advantage of deals and promos ranging from saving money from trading at Tiger Brokers (read my beginners' guide), getting free money from Google Pay and socash to tapping on bonds or other mechanisms listed here, and knowing what and when to buy etc.
I know I'm really heavy with cash, and I may not be beating inflation parking them in low-interest savings accounts....so I'm learning to invest more (hence why I set up the Tiger Brokers account to trade beyond SGX. Will share more again*).
Assuming I have $4k/mth expenses, this amount can tide me through a good 6 years. It sure feels good to have a decent sized cash funds!
*See here for the post: https://simplebudgetsimplelife.blogspot.com/2020/09/pumping-sgd28k-in-sgx-and-hkex-past-10.html