TWS Index (May 2023)

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 tool so you can calculate what works best for you. To start, input your take-home salary below, and click on the 
options to find out more. 

TWS Calculator


Key in your monthly take-home salary (after CPF contribution)


Emergency savings

Where to stash your emergency savings? Options
Bank High Yield Savings Account High liquidity, 1 - 3% interest
Insurance Savings Plans (without lock-ins) Mid - high liquidity, 1 - 2% interest
Robo Advisor Cash Management Mid - high liquidity, up to 5% interest
Singapore Savings Bonds Liquid, safe returns

Budgeting Guide

Based on the 50/30/20 rule (50% needs, 30% wants, 20% savings)

Monthly Annual
50% needs
30% wants
20% savings

If you have no time for the above,

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

Where they can consider putting their emergency savings ($20,000) into:

High Yield Savings Account:

SCB Bonus Saver: $826 annual interest

Robo Advisor Cash Management Option:

Singapore Savings Bonds (June 2023):

  • $562 annual interest
  • $5,626 interest if held to maturity, 10 years

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