I tried using budget apps 2-3 years back and it didn't really help me. With too much granular monitoring, things can go easily out of hand. Come on, who have all the time to monitor each and every finance of the day.

The best thing to do is to have a google sheet that says how much you've allocated for each sector and plan for investments, shopping, insurance, transport, rent, etc., and then put money for your own spendings. You can get these details from DBS nav planner.

My first investment was in FirstState unit trust with my first paycheck. I'm glad that I did it as an RSP. I can see that it is giving me good returns now.

I am a very passive investor, which means I don't go watch the news in economic times or financial tabloids. It's hard for many people to get into stocks with the fear of losing money. I don't have any particular roadmap but I can share my journey.

My investment journey started like this:

• Invested using Robo advisor(StashAway & digiPortfolio) with my bonus.
• Started regular investment plan with Unit trusts(mutual funds as they call in US or India).
• Bought some stock in DBS, SGX because these are the companies I worked in past and employed currently.

Do not take this for financial advice. Every person has a different risk appetite and should take professional advice.

I tried using budget apps 2-3 years back and it didn't really help me. With too much granular monitoring, things can go easily out of hand. Come on, who have all the time to monitor each and every finance of the day.

The best thing to do is to have a google sheet that says how much you've allocated for each sector and plan for investments, shopping, insurance, transport, rent, etc., and then put money for your own spendings. You can get these details from DBS nav planner.

My first investment was in FirstState unit trust with my first paycheck. I'm glad that I did it as an RSP. I can see that it is giving me good returns now.

That's a very broad topic. I am not wealthy yet(lol!) but I think I can give pointers on this. The first goal should be to beat inflation. If my money sits in the bank account, I'm already losing money because the interest rates are not enough to beat inflation.

Start investing using digiPortfolio or invest in unit trusts to accumulate wealth over a period of time.

I am a very passive investor, which means I don't go watch the news in economic times or financial tabloids. It's hard for many people to get into stocks with the fear of losing money. I don't have any particular roadmap but I can share my journey.

My investment journey started like this:

• Invested using Robo advisor(StashAway & digiPortfolio) with my bonus.
• Started regular investment plan with Unit trusts(mutual funds as they call in US or India).
• Bought some stock in DBS, SGX because these are the companies I worked in past and employed currently.

Do not take this for financial advice. Every person has a different risk appetite and should take professional advice.