Simple Budget, Simple Life

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

I've been seeing a number of articles recommending Tiger Brokers the past 2 months. I'm not investment savvy, but I don't want to miss out a good deal given that there's a National day promo going on.  I only set up my account yesterday night and could start trading today. However, despite the fast speed, I must say it got really confusing at the start. Hence, here's my attempt to create a beginner's guide to setting up your Tiger Brokers based on my experience. Steps via mix of desktop + mobile version (my method) Using desktop for online account opening 1. I first signed up for my account on the desktop using a referral link (click here for mine or key in my code   SBSL8 )  as I find it easier to type on my computer.  Btw, you can use your mobile throughout. This is just my method :)  Using the referral link, you will get the rewards shown in the picture above, especially the stock voucher to offset your stock purchases. For info, I've gotten $70 voucher