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 | Singtel Dash EasyEarn: $360 returns based on | Highest Interest Rate |
Cash Management | Higher-risk option: Endowus Cash Smart, Ultra 4.8% Lower | Note: Endowus Cash |
High Yield Savings | UOB One Account / OCBC 360 Account | Highest Interest Rate
|
Roboadvisory Rates* | Most affordable Most affordable bank | Lowest Fees payable. |