TWS Salaryman Index - The Woke Salaryman:

Over the years, we’ve been getting tons of DMs asking us for recommendations on where to put your money.
Here’s the bad news:
We can’t tell you exactly where to put your money in, because everyone has different needs, investment amounts and philosophies.
Here’s the good news: We’ve come up with a comprehensive excel sheet so you can calculate what works best for you. You can access the excel sheet below, or click here to access it.

This index is best viewed on desktop!

We also created an archetype of ‘the average person’, which will be a ‘one-size-fits-most’ recommendation. So if you have no time, you can just look at that. This is a work in progress, so we will constantly add new product classes in the future.

Who the ‘average person’ is

Age: 30
Monthly gross salary (including employer + employee CPF contributions): $4,680
Monthly take-home salary: $3,200, Emergency savings: $20,000

	Take Home Pay	50% needs	30% wants	20% savings
Monthly	$3,200	$1,600	$960	$640
Annual	$38,400	$19,200	$11,520	$7,680

Product Category	Product	Remarks
Insurance Savings Plans	Singtel Dash EasyEarn: $360 returns based on a deposit of $20,000	Highest Interest Rate based on a deposit of $20,000.
Cash Management Account	Higher-risk option: Endowus Cash Smart, Ultra 4.8% Lower risk: MoneyOwl Wise Saver 2.77%	Note: Endowus Cash Smart has 3 tiers of risk levels.
High Yield Savings Account	UOB One Account / OCBC 360 Account	Highest Interest Rate based on a deposit of $20,000, and on the assumptions that you: Use their debit/credit card with the bank Spend at least $1,500/month Pay at least 3 recurring bills from the account Have a steadily increasing bank account balance Salary credit
Roboadvisory Rates*	Most affordable robo-advisor: MoneyOwl Most affordable bank managed portfolio: DBS digiPortfolio	Lowest Fees payable. Does not take into account performance, based on an investment amount of $8,000. (Rounded up from $7,680)