My $300k cash savings breakdown
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