started with 25k after NS thanks to the 6 months extension during NS (regular pay at 3+k monthly + prorated mid year, performance, and year end bonus, all in all 8.5 month worth of salary)
Uni meant the money all went to 0 due to school fees exchange and hostel, thanks to parents so I don't have to loan, did part time Starbucks during school and took on internships to supplement.
work was where everything went upwards, had a good paying job that increase salary by 40% after 1.5 years and hit 100k within 3 years.
all in all, luck probably was 80% of it. the rest was just grit and having no social life for a while with NS and part time work.
100k within 3 years after graduating from Uni is truly impressive and commendable, congratulations! May I ask what you work as and how your pay progression was like? How much did you earn + save from your Uni internships as well as part time work?
I am expat who to pay off student loans and rent a hdb with partner with more than 3 times your rent and other expenses. We are not the same
The point is that arbitrary milestone doesn't mean anything since we don't all start from the same position and go through the same trials
Your original premise:
>You don't reach 100k that quickly unless you live with parents and don't have to pay the biggest burden which is rent or mortgage
Other dude provides counter evidence.
You: I has much expense, you no care?
And that kids, is how you shift goalposts.
Let say you eat $5 per meal and twice a day. It would have add up to $300 per month. Transport maybe $120 and insurance maybe $200. It would be $7500 annually + tax of nearly $600 ~ $800. It would have wipe out your bonus as well
Truly lucky to graduate without any loans, and can just focus on growing your networth without having to spend much at home. At the end of the day, everyone's financial priorities are different. So slowly grow your funds and invest only after you have 6 months pay saved up. Really good going to save up 100k in 3 years.
Mine was in my late 30s if I'm not mistaken. My circumstances were unusual as my finances were a mess due to family issues, despite earning much higher than median salary.
So once all issues were resolved, my finances went from low 5-digit to 6-digit pretty quickly.
Initially I wanted to "feel rich" for a while and refused to invest the money. It was such a relief seeing a 6-figure sum in my bank account. I opened a privilege banking account just to make myself feel like the worst was really behind me (silly, I know) and I could start focusing on myself.
A few months after that, I started investing. I thank this sub for all the guidance and tips.
35 and still trying to hit it, halfway there..first half of my 20s, right out of poly, my mum and I were the sole breadwinners after my dad got into some serious debt problems from multiple loan sharks and we were living in fear everyday from their harassment.
I was still saving for uni on the side, which was hard because I only brought in 1.8k in my first job and I did have to tap into my own CPF so had to pay back the money I used. I would say only at 30 could I manage to get into the right headspace, and now that I'm married and waiting for our BTO (renting so progress is slow), and we are saving as aggressively as we can. Never had an expensive wedding, ROM only, even did my own hair and makeup, $100+ dress from ASOS, haha (don't feel like I'm missing out on anything though :))
I’ll be 35 this Saturday and I just hit it at the end of last month. Though I am not married yet, probably going to spend a portion of it through housing etc2
had about 10k saved from NS going into uni. super lucky to not have to pay school fees myself. did a bunch of internships during school (SWE internships), including part time ones during the semester. some had really good salaries. saved enough such that 2 months after I graduated, when I started my full time job, the signing bonus pushed me to just nice 100k. honestly very lucky to have parents pay for my school fees, to be in such a high paying industry and not have to pay rent.
Not revealing my age but this was some years ago for me.
Stock portfolio: in my late 20s (really, really late 20s)
Net worth: about 1.5 years before my stock portfolio
Background:
- Graduated from local Uni with Social Science degree
- Entered Civil/Public service in mid-20s (because NS) with typical Uni grad entry-level position. starting salary \~3k/mth gross (excluding bonuses).
- Fortunate enough to start with zero student loans (because father-mother scholarship) and low 5-figures in cash/stocks from Ang Pao money/Savings from PT work & allowance.
The math:
- total annual pay (including bonuses) = $3k x 12mth x 1.25 (bonus factor) = $45k
- save 100% of that and you'll pretty much be at 100K in 2 years; save 50% and you'll be there in less than 5 years.
- obviously, no one's hardcore to do 100% but essentially high savings rate is the key.
- In my case, I was saving maybe \~$20k/year. Together with my elevated starting point and marginal investment returns, I got my net worth and stock portfolio to 100K before 30.
Hope this helps.
tl;dr
- graduated in my mid-20s, avg. govt worker, saved a lot. hit 100K by late 20s.
How about we recognise his achievement for what it is? It is an impressive feat to save 85K cash in 2 years with just slightly above average pay, not 10-20K monthly salary. Many of the people within his salary segment + living with parents cannot save up half of what he had after working for more than 2 years
Bro you're amazing to do what you did with the cards you're dealt with but that doesn't mean you've to undermine someone's achievement just because they seemingly have it better than you? Don't be so bitter and you'll find that life will get a lot better for you, good luck and keep up the good work
Why are you assuming that the parents retirement fund is affected because of what's accorded to OP?
Why does Financial Independence have to come from pain?
If you hit lottery and get Financial Independence, it is still Financial Independence.
if you get 1mil inheritance its still Financial Independence.
And tbh, the OP didnt say anything about Financial Independence.
OP is literally asking the sub when they first reached 100k. The person simply answered the question. Your anger is very much misplaced.
Your financial independence, albeit borne out of necessity, is commendable. I get that privilege needs to be acknowledged, but you're taking it too far. This is not the right post to have such a reaction to.
Bro, I actually get your point and agree with you even. The issue here is not what you said, but the way you said it. (Fk, I finally understand what my partner has been trying to tell me)
I do think that these "100k at age X" ego stroking posts can be somewhat tone deaf because people often don't recognize how privileged they are. But it is also not people's fault for being born rich.
If we want to point out their privilege, using a kinder tone does a lot to get the messages across.
Achieving FI with parents help is just one of the ways, if the parents can afford to "boost" them while still being financially secure, I don't see a problem. But of course it does make it not as big of an "achievement" to brag about.
could you share some tips on being frugal in your mid-20s! i find it hard to balance between being frugal and not depriving myself of experiences that may be unique to mid-20s life stage (before commitments like mortgage, children, etc)
not the original person who posted the response but personally I tend to consider value. E.g. I don't typically spend on expensive coffee though I really enjoy it unless I'm at a cafe with friends then the price is justified for the ambience, quality conversations and coffee that I appreciate
I started off with less than 3k in the bank at 27 years old and getting married in a low key situation as I simply cannot afford much. Family clearly isn't rich and cannot afford to support me financially and so very dependent on self. I also only started working full time at 27 years old after doing largely odd jobs after graduation.
I wasn't very financially literate and it was difficult to put money into investment when I am trying to build my savings and also wife is adjusting to local life (she is a foreigner and now singaporean).
I did eventually hit 100k in my mid 30s through scrimping and saving. Once I built up a more healthy cash nest, I started looking into how to invest with a relatively passive and low risk manner. Now at 40, I may be a little late in the game compared to the pros here, but it's better late than never.
Some of the tips really help, though it's common sense for most here. I never heard of vuaa or hysa until I see this thread. Did my research and started creating my uob one account and ibkr (just 2 days ago).
First 100k aroundd 35. Earning decent amount by mid/late 20s but big chunk goes into supporting my parents and took career break at 32 and travelled extensively. Invested heavily from 35, now in my 40s am at 80% to retirement sum.
If it's any consolation, having a house to your name counts to your net worth. Marriage, honeymoon renovation expenses? Not so much. So go easy on those mmkay?
That's why these kinds of goals are unrealistic. Not that it's bad to have goals. I don't think many of us hit our by X age goals. Also, I'm hitting my number soon but not close, life happened 😅
Started with $0 at 22. Reached 100k half a year before my 25 birthday. Diploma starting take home around 2k. Sign On since dont know what to do. Saved all my bonus and invested into US ETF
I think around 28.
I'm Chinese-Australian and I grew up in Sydney. Culture there is moving out and renting in your 20s, but still had an Asian upbringing where kids don't get anything for free. My parents pushed me to work, so started as soon as I was legally able to at 14. Burger flipper, waiter, delivery driver as soon as I could drive (not tofu unfortunately).
By the time I was in University I was working two part time jobs. One as an English tutor during the day, the other as a bartender from 10pm to 7am. Classes in between. Helped pay the rent as well as having some spare money on the side. Did wonders for diligently creating a budget and sticking to it.
I had a sister who didn't understand how credit cards worked and racked up 10k after she realised you had to pay more than the minimum. After getting chewed out by my parents, it was a free lesson for me.
During University days I started learning about day trading strategies for Forex. Spent ages studying patterns and technical analysis. Opened a paper trading account to get a feel for it. At one stage I was up a few million paper dollars. A few very poorly executed leveraged trades and I got margin called. Lost all my paper money. Was months and months of paper trades and research, ending in a humbling experience. Vowed not to do it with real money.
Stopped trying to get rich quick and read more books. Found Bogleheads, realised why people kept talking about the S&P 500, basically got more financially literate beyond scraping by on a budget. Still made some very poor stock picks. Tried to start a services business and failed. Started a photography business and did pretty well, but realised I couldn't scale it. I was working most weekends on top of my day job after graduation and spending evenings on client servicing or editing photos. Shut it down and broke even. I now have some pretty expensive lenses to play with.
Didn't start making significant money until I moved to Singapore at 29, but when I did, I basically doubled my first 100k in a year or two. What they say about the first 100k being the hardest is very true.
So hard work, lucky lessons learned relatively cheaply, and being put in some difficult circumstances really helped. If I'd learned more earlier maybe things would have been better. I still have a long way to go by my own standards.
> Lost all my paper money. Was months and months of paper trades and research, ending in a humbling experience.
It's great that you had the foresight and wisdom to practice with paper trading. Most people learn this lesson the hard way, with real money.
Healthcare career with a local uni degree (not medicine, is a straight A course that people often said underpaid), saved 100k at about 28-29. Male NS.
Earned more through shift work and lifestyle difference from typical 20s. Supporting parents in a way that I top up Cpf account and pay for their expenses and give them a credit card to use. Lucky that they are all frugal people. Love to spend time mostly with family and pay for all meals (although I must use eatigo and deals) and travellings are mostly simple trips to Malaysia .Have friends who are also simple minded people. Forced savings plans, money put into funds with dividends, and HYSA. Do not believe in branded items, business class, partying in expensive places. Hobbies mainly are very inexpensive and free of charge. Also lucky to have an elder sibling with same financial habit as me. I attribute it to our low income childhood that forced us to maximise our savings whenever we can.
But hated to share my savings to others esp when there are people who think I do not have commitments, living rent free hence can save, while they are the ones who are willing to spend on their own travels regularly in the name of "money can always earned back time cannot", expensive dates and label me as cheap. Some of them don't even pay bills in their home or want to travel with their family. Even if they travel with family, their parents pay their own share or some even cover for them.
Basically, their jealousy made me feel angry because my commitments are not any lesser than theirs, yet I am labelled as cheap when I enjoy things that are not as expensive. I will also be cursed when they claim I take money to my coffin or what if I die the next day. Like dude, I don't think I do not enjoy my cheaper lifestyle and working hard so no regrets.
Also did not like it when people claim I can save because I am a single when I did not choose to become a single just cos I want to save or FIRE. I have to pay higher taxes than them, more expensive resale, no one to share the bill with.
Things get better now when I can afford my own home at 35 and paying for my retired parents expenses and also family trips to places further with my investment returns (though I still source for good deals).
Have not regretted my choice or "experiences" but downside to this lifestyle is you have to be prepared to be despised often.
Pharmacist I would assume? Anyways good for you to have financial discipline. But why are you affected by what others say? Your money your rules
On the other hand, different people derive joy from different things. You perhaps may not enjoy travelling or luxury goods and that’s perfectly fine (good for your pockets). Others may and perhaps your friends just have different perspectives on things.
Living rent free to be FAIR is a huge benefit. If one is renting you can easily lose 30-50% of a fresh grad income in today’s situation. Fkn expensive in Singapore. 1 month bedroom rent in a shared HDB = 1-2 week of travels in Japan/KR, depending on budget. If you rent a condo studio, even more
I have no qualms about how people decide to use their money as everyone has his own choice. money is a sensitive issue and talking about it with different perspectives may trigger unwanted reactions lol. That's why I only share these to more trusting friends, and anonymously here as not everyone may applaud for your discipline. From my circle and pre COVID era when there's not much FIRE movement, it seems people who save money were scorned upon more often. Things changed quickly after such movement came in and ironically I feel people understand my financial discipline now better? Though I don't always agree with purely saving/investing money aggressively. That's the power of social influence I must say.
There are also some who love to spend and invoke sympathy later to get their desired outcomes such as balloting for well paid shift, or refuse to contribute financially in the name of needing more money.
Noted living rent free is a benefit, however that's also cos of high rental fees here hence we cannot blame Singaporean singles to take the choice of living with their parents before they can buy their own house at 35. However, some may have other circumstances or make "independent living" a priority over their finances, so they also cannot complain if they make a conscious choice to rent over living with parents (however, I seldom see people around me doing that). the working adult can contribute financially in other ways to the household with the savings. Young couples also make the conscious choice to date and BTO early with subsidies so it's not fair if they look down on a single staying with parent, especially when the single has to pay much more expensive resale alone and also taxes later.
Oh, that’s amazing. I’ve always heard about Bitcoin millionaires but never knew one in real life. Well, I guess I don’t really know you either but this is the closest I’ll ever get to a millionaire, I guess! Nice to meet you.
Started at 23 with roughly 11-12k, hit 100k at 26. After the 100k mark I started treating myself to a few nice things and travelled more. Will hit 200k within the next 2-3 mths at 29.
That said, I acknowledge that I’m privileged enough to still stay with my parents, which has allowed me to save more.
Malaysian. Got to SG in Sept 2022 with just a couple thousand from previous salary. Save like crazy and cut corners everywhere. Hit SGD100K in late Sept 2023.
I'm actually a senior hire, but I went into siege mode (most of the time) when i got to SG.
Went back to living like a student: shared a place with 3 other people, taking the bus and train to most places. Took up exercising as a past time, (mostly) cut cigarettes. Could have done better, but I'm still paying for a house and car in MY, and also for some medical bills back home.
Not really as bad as it sounds. I still splurged on meals ($50-100) and take grab a couple times a month. I also went home every 1-2 months to KL.
Contrary to popular belief, SG is not as expensive as KL .... once you get past the rent. If you think the inflation is bad in SG, try living in KL on a KL salary.
Yeah, I'm also senior in age. Didn't always make the best decisions earlier in life, so I'm just catching up now in my 40s.
If my younger self just put away 5-10% every month into investments I'd be in a more comfortable position.
We live, we learn...
Hit 100k in investments (excluding CPF) at 26 years old last December. (1.5 years into the workforce)
Background: Dad is a director in a MNC in an unrelated industry (semicon), mom works as a sales manager for tech. Did well for A’s and NS and went into local university with a merit scholarship, hence no student debt. Grinded hard in university to maintain >4.8 GPA while juggling CCA exco commitments and networking in order to land a good summer internship. Got a summer internship at a top multinational company in my field during my third year and successfully secured the full-time conversion, netting me an above average pay and great benefits. Started around 25 years old with 15k in portfolio and kept savings rate at above 70-80% of gross salary monthly by not eating out and not going overseas for vacations at all. No emergency savings and the bulk goes into VWRA and the rest into stock picks.
It really helps if you don’t have student debt, don’t need to pay rent and your family doesn’t depend on your financial input. Starting at a MNC with good benefits and above average pay is a huge boon too!
Edit: What’s up with the downvotes..bruh I do acknowledge the privilege of having parents that have their financials sorted out and don’t depend on me for retirement but they don’t give me handouts and I have to work for every cent I have after graduation. Yes it’s “easier” compared to my peers that have bigger commitments to shoulder but it doesn’t make the work required any easier..
good work to make the best of your privilege and well done!
not sure why people have a "race to the bottom" mentality here - do we need to find someone who hit 100k despite paying off parents gambling debts, student loans, mortgage, medical bills, putting 3 siblings through to university, adopting a few stray cats... before we finally get impressed?
c'mon guys, a 100k starting from student debt is impressive.; a 100k starting from 0 is impressive too
a 100k while renting is impressive; a 100k living with parents is impressive too
what we should all work towards is how to get all 4 folks above to $1M, not compare who had it harder...
most of you are young but somehow sound like boomers saying "you know, back in my day we had to... "
This is both great that you have set yourself up with a strong financial base. At $100k, that's worth $761k from compounding in 30 years (56\~) with a 7% YoY gain in a compound calculator. Amazing!
That said, you only have one life and you should make sure you enrich your life with unique experiences and doing things you enjoy. Do you want to be 60 years old, with $10m and you are too frugal to spend it? What happens if you have an accident at 30?
We must both save for the future, whilst enjoying the present. Just don't rob your present for a maybe life in the future.
Traditional engineer graduated local university and packed my bags for the US. Was working as a mechanic/technician for 2 years getting paid by the hour (25bucks an hour) with OT being 1.5x. It's normal to work 16hours a day in the US with 12 being the min for my company. Saved up enough and with the favorable exchange rate during covid, I got 120k in the first 2 years of working. Now I'm back being an engineer
Started doing freelance photo & video with my own equipment. First paid freelance job was 17yo in JC and never stopped since; crossed the 100k business profit mark 5 years later, halfway through university when I was 23yo, but a majority of that was reinvested into equipment and passion projects.
Was my personal dream to grad uni with 100k liquid cash as a goal - to pad my foray into full-time work and continue upgrading the gear, and it felt good to achieve that at 24yo-going-25.
15 years on from my first paid gig, with my registered company having its 10 year anniv last year, and I'm still proud and thankful that I can do this for a living!
Unfortunately I wasn't properly exposed to passive income via investing then, so I continued hoarding the cash or reinvesting in equipment through the years until I actually started investing during covid. Thankful for this sub and friends who can talk about these topics!
I hit 200k in 2017 thanks to bitcoin. I lost most of the money because I was a dumb 23 year old. Knew nothing about finance or investing. After the crash 2018, I had about 30000 left. But I had a decent job in Australia. Worked for 4 years 6k a month. But taxes there were 35% so that's what really opened my mind. Learning about the different systems and taxes and finances. 2021 was the next crypto bull run. I made 800k usd. And lost 500k because of a rug pull. One of the best coins failed. I told myself it was because of the bad coin, and I put too much in one basket. Not because of my trading skills. I was right. 2021 to 2024 now. I made another 700k usd and cashed out 80%. I'm 31. Hope to hit 2-3 million by 2026. It's funny how the whole time I aimed for 1 million, I never reached it. Now I'm skipping to 2-3.
Saved up close to 20k during NS as I don’t drink/smoke or date during that period.
After that ORD while waiting for Uni, worked part time as a warehouse assistant, saving close to 30k by the time I start Uni
During 3 years of Uni, again no smoke/drinking or dating. Go home straight away kind of student. Did a few internship which pay 1k per month so managed to pay off Uni fees by savings and graduated without debts. But savings close to wipe out
Graduated from Uni during the thick of Covid and got my first job at 2.5k per month, contract basis.
Went through phases of contract extension while renegotiating pay and jumping job once.
Finally earning 6k+ how and hit 100k at 27.5 years old. Took me 2.5 years after graduation from Uni to reach this milestone.
Might have hit 100k by my 26/27? During Uni both me and my other half have received “salary” and stipend, as well as been bonded in exchange of 0 tuition fee.
By the time we graduated, i already saved up around 50k, collected key to bto, did wedding and reno which was largely sponsored by my inlaws. And we started working right after graduating so we had quite alot of cash and steady income.
But we were very financial illiterate, and did not spend time researching.. ended up purchasing endowment plans after being talked into it by some uob banker, subsequently prudential FA..
Then at age 26 we had our first child, alot of expenditure because we signed up for cord blood lining for 10k, yes the one who had the failure saga just recently so considered the money down the drain. Also bought “branded” baby items thinking better quality, splurging on books and this jujube bags which I just want to slap myself looking back.
When we had our 2nd child at 28yo, school fees and enrichment fees doubled. More importantly, purchased even more ILP/endowment plans under the “holistic planning” by a pair of AIA financial advisor. Regret.
If not for these, we would have saved up alot more 😔 so combined with my spouse, we are still stuck at the 100k mark each, unfortunately.
Now considering if we should surrender the endowment plans for a loss..
Hit >100k late 20s but 100k wedding so back to the grind. Next would be a house so reno will blow it all out again.
The 100k number is meaningless because everyone are on different paths
Definitely but it’s only a fraction of the total cost. Can’t really expect everyone to pay $200-250 per head when that’s the cost nowadays for a banquet. Even lower end hotels are around $170 already
Reached 100k somewhere towards my late 20s. NOTE: I had no rental to pay and mortgage or any liabilities and was mostly eating at home.
Graduated Uni with over 1k in savings, and was in a normal paying job (high 2ks) back in 2018. Saved up all my bonuses and pretty much lived below my means in order to save 50-60% of my income.
Invested very aggressively (about 80% of the cash I had on hand back then) during Covid when all the stocks were on discount and also did side gigs whenever I had time - could be anything, even did a dishwasher job for awhile on the weekends while I had a FT job because it paid decent enough
Switched jobs along the way with about 20-30% pay increments, currently earning 6k plus and still continued living within my means but not scrimping as hard as I used to anymore but still saving a healthy and sizeable sum every month.
You could either cut your expenses and save hard to get there or you could maximise your time in every possible way to get the same result. Really depends on what you’re after but make sure it’s sustainable and not unhealthy.
35 and just hit 50k mark last year. - 50% robo-advisors, 15+% VWRA via IBKR ( DCA 2 shares every 3 months after initial 5k deposit) and the remaining in DBS multi currency account )
Of course if include CPF and all, net worth around 200k.
Single and feel could save more but I hit a phase where I buy nice luxury watches, sneakers and some branded bags. Tell myself to stop for now, expected to reach 100k by end of next year.
Traditional engineer graduated local university and packed my bags for the US. Was working as a mechanic/technician for 2 years getting paid by the hour (25bucks an hour) with OT being 1.5x. It's normal to work 16hours a day in the US with 12 being the min for my company. Saved up enough and with the favorable exchange rate during covid, I got 120k in the first 2 years of working. Now I'm back being an engineer
Im malaysian, 25. Worked here for 1.5 years now and am 70% there if i dont include the money i made before started working here. Goal is to reach 100k by end of year then 400k by 30.
I made 150k in property appreciation alone after selling my first property (99y resale condo, 300k profit split between my husband and I) - managed to take advantage of the covid property crash and the subsequent boom, which is why I always say that things are very unfair for Gen Z because it’s quite impossible for them to get these gains.
We poured our entire OA + all our cash savings into the downpayment back in 2017 for a 1m 3BR condo then and it’s paid off with not much risk. This is not achievable at all with today’s property prices.
19 years old but with massive risk doing trading stocks and crypto. Probably lucky for taking the risks as it was pretty bullish before covid crash. Started learning forex at 15 so that's the very beginning of highs and lows. Over the oast 6 years however have moved into property, stocks investing, and doing salaried + commission job to accelerate making every 100k plus also less risk taking because losing capital sucks
I reached my first $100,000 when I was at the age of 22 around March that year. Started with about $5,000 savings in 2019, worked a load doing what I love & was pretty frugal in my spendings.
Was into internet affiliate marketing in the early days and it was a HUGE help. But now it's way too competitive already -- way too many people earning the same amount of money.
started with 25k after NS thanks to the 6 months extension during NS (regular pay at 3+k monthly + prorated mid year, performance, and year end bonus, all in all 8.5 month worth of salary) Uni meant the money all went to 0 due to school fees exchange and hostel, thanks to parents so I don't have to loan, did part time Starbucks during school and took on internships to supplement. work was where everything went upwards, had a good paying job that increase salary by 40% after 1.5 years and hit 100k within 3 years. all in all, luck probably was 80% of it. the rest was just grit and having no social life for a while with NS and part time work.
100k within 3 years after graduating from Uni is truly impressive and commendable, congratulations! May I ask what you work as and how your pay progression was like? How much did you earn + save from your Uni internships as well as part time work?
You don't reach 100k that quickly unless you live with parents and don't have to pay the biggest burden which is rent or mortgage
I am malaysian working here rent a 900$ room but am projected to reach it in 7 more months. So 2.5 years. Its definitely possible
y did't u wake up at 4am to cross the causeway?
Cause im too lazy haha my current job i get to wake up at 9.30 and reach office 10
I am expat who to pay off student loans and rent a hdb with partner with more than 3 times your rent and other expenses. We are not the same The point is that arbitrary milestone doesn't mean anything since we don't all start from the same position and go through the same trials
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Your original premise: >You don't reach 100k that quickly unless you live with parents and don't have to pay the biggest burden which is rent or mortgage Other dude provides counter evidence. You: I has much expense, you no care? And that kids, is how you shift goalposts.
rent 500/mth depending on location, another 500 for expenses earn 6k after grad for cs
within 3 yrs is too long! if u earn 5k /month after grad, u should get it within 1.5 yrs
You must be kidding. And i think your math fail, 1.5 years of 5k / month is only 90k. You havent include expenses and taxes
most companies give bonuses which will add up the diff e.g. 13th month + 3 month performance
Let say you eat $5 per meal and twice a day. It would have add up to $300 per month. Transport maybe $120 and insurance maybe $200. It would be $7500 annually + tax of nearly $600 ~ $800. It would have wipe out your bonus as well
$3 enough for cai png. No insorlence Transport - wfh
I doubt many people will have the same privilege as you. Likely hybrid travel is required. And 3 month bonus likely for the top performer.
Truly lucky to graduate without any loans, and can just focus on growing your networth without having to spend much at home. At the end of the day, everyone's financial priorities are different. So slowly grow your funds and invest only after you have 6 months pay saved up. Really good going to save up 100k in 3 years.
Mine was in my late 30s if I'm not mistaken. My circumstances were unusual as my finances were a mess due to family issues, despite earning much higher than median salary. So once all issues were resolved, my finances went from low 5-digit to 6-digit pretty quickly. Initially I wanted to "feel rich" for a while and refused to invest the money. It was such a relief seeing a 6-figure sum in my bank account. I opened a privilege banking account just to make myself feel like the worst was really behind me (silly, I know) and I could start focusing on myself. A few months after that, I started investing. I thank this sub for all the guidance and tips.
Really wholesome post! I’m genuinely happy for you for braving through the storms bro! Seems like it’s true that Tough times don’t last Tough men do
Thank you!
35 and still trying to hit it, halfway there..first half of my 20s, right out of poly, my mum and I were the sole breadwinners after my dad got into some serious debt problems from multiple loan sharks and we were living in fear everyday from their harassment. I was still saving for uni on the side, which was hard because I only brought in 1.8k in my first job and I did have to tap into my own CPF so had to pay back the money I used. I would say only at 30 could I manage to get into the right headspace, and now that I'm married and waiting for our BTO (renting so progress is slow), and we are saving as aggressively as we can. Never had an expensive wedding, ROM only, even did my own hair and makeup, $100+ dress from ASOS, haha (don't feel like I'm missing out on anything though :))
I’ll be 35 this Saturday and I just hit it at the end of last month. Though I am not married yet, probably going to spend a portion of it through housing etc2
Congrats! It must feel really good achieving that :)
Just wanted to say that you're awesome and you're doing wonderfully. Jiayou!
That's very kind of you! 🥰
Sounds like it wasn’t easy for you but man, you really did so well for yourself. Congrats!
had about 10k saved from NS going into uni. super lucky to not have to pay school fees myself. did a bunch of internships during school (SWE internships), including part time ones during the semester. some had really good salaries. saved enough such that 2 months after I graduated, when I started my full time job, the signing bonus pushed me to just nice 100k. honestly very lucky to have parents pay for my school fees, to be in such a high paying industry and not have to pay rent.
Not revealing my age but this was some years ago for me. Stock portfolio: in my late 20s (really, really late 20s) Net worth: about 1.5 years before my stock portfolio Background: - Graduated from local Uni with Social Science degree - Entered Civil/Public service in mid-20s (because NS) with typical Uni grad entry-level position. starting salary \~3k/mth gross (excluding bonuses). - Fortunate enough to start with zero student loans (because father-mother scholarship) and low 5-figures in cash/stocks from Ang Pao money/Savings from PT work & allowance. The math: - total annual pay (including bonuses) = $3k x 12mth x 1.25 (bonus factor) = $45k - save 100% of that and you'll pretty much be at 100K in 2 years; save 50% and you'll be there in less than 5 years. - obviously, no one's hardcore to do 100% but essentially high savings rate is the key. - In my case, I was saving maybe \~$20k/year. Together with my elevated starting point and marginal investment returns, I got my net worth and stock portfolio to 100K before 30. Hope this helps. tl;dr - graduated in my mid-20s, avg. govt worker, saved a lot. hit 100K by late 20s.
I’m about to hit my first 100k at 30. That is slower than so many of the other posters here, but whatever at least I made it!
cheering you on! am still working on it!
Had about 15k when i grad at 25. reached 100k at 27. Frugal and had slightly above average pay.
Ngl hitting 80 % of that in just two years is impressive
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How about we recognise his achievement for what it is? It is an impressive feat to save 85K cash in 2 years with just slightly above average pay, not 10-20K monthly salary. Many of the people within his salary segment + living with parents cannot save up half of what he had after working for more than 2 years
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Bro you're amazing to do what you did with the cards you're dealt with but that doesn't mean you've to undermine someone's achievement just because they seemingly have it better than you? Don't be so bitter and you'll find that life will get a lot better for you, good luck and keep up the good work
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Why are you assuming that the parents retirement fund is affected because of what's accorded to OP? Why does Financial Independence have to come from pain? If you hit lottery and get Financial Independence, it is still Financial Independence. if you get 1mil inheritance its still Financial Independence. And tbh, the OP didnt say anything about Financial Independence.
Dang bro lay off the salt, you’re giving me hypertension!
OP is literally asking the sub when they first reached 100k. The person simply answered the question. Your anger is very much misplaced. Your financial independence, albeit borne out of necessity, is commendable. I get that privilege needs to be acknowledged, but you're taking it too far. This is not the right post to have such a reaction to.
bitter dog 🤡
Bro, I actually get your point and agree with you even. The issue here is not what you said, but the way you said it. (Fk, I finally understand what my partner has been trying to tell me)
I do think that these "100k at age X" ego stroking posts can be somewhat tone deaf because people often don't recognize how privileged they are. But it is also not people's fault for being born rich. If we want to point out their privilege, using a kinder tone does a lot to get the messages across. Achieving FI with parents help is just one of the ways, if the parents can afford to "boost" them while still being financially secure, I don't see a problem. But of course it does make it not as big of an "achievement" to brag about.
LOL stay bitter n broke!!!
How about taking skills future lessons?
In another post, you see a poly grad and applying for swe role?
could you share some tips on being frugal in your mid-20s! i find it hard to balance between being frugal and not depriving myself of experiences that may be unique to mid-20s life stage (before commitments like mortgage, children, etc)
not the original person who posted the response but personally I tend to consider value. E.g. I don't typically spend on expensive coffee though I really enjoy it unless I'm at a cafe with friends then the price is justified for the ambience, quality conversations and coffee that I appreciate
Ayyy buddy on track to hitting my 100k by my 27 birthday
I started off with less than 3k in the bank at 27 years old and getting married in a low key situation as I simply cannot afford much. Family clearly isn't rich and cannot afford to support me financially and so very dependent on self. I also only started working full time at 27 years old after doing largely odd jobs after graduation. I wasn't very financially literate and it was difficult to put money into investment when I am trying to build my savings and also wife is adjusting to local life (she is a foreigner and now singaporean). I did eventually hit 100k in my mid 30s through scrimping and saving. Once I built up a more healthy cash nest, I started looking into how to invest with a relatively passive and low risk manner. Now at 40, I may be a little late in the game compared to the pros here, but it's better late than never. Some of the tips really help, though it's common sense for most here. I never heard of vuaa or hysa until I see this thread. Did my research and started creating my uob one account and ibkr (just 2 days ago).
First 100k aroundd 35. Earning decent amount by mid/late 20s but big chunk goes into supporting my parents and took career break at 32 and travelled extensively. Invested heavily from 35, now in my 40s am at 80% to retirement sum.
I'm aiming by 28. Consistently investing roughly $1k per month into ETFs. But worried marriage/ house plans may wipe it out.
Don’t need to worry. It will be wiped out 😜
🥲
🥲
Can confirm. Wiped out
Thats why i stay single, my road to FIRE cannot accomodate to obstructions (women). Stay hard.
Find a woman that's in the same path
If it's any consolation, having a house to your name counts to your net worth. Marriage, honeymoon renovation expenses? Not so much. So go easy on those mmkay?
Makes sense. Me and my partner not looking to spend much for the wedding but in laws might have differing opinions. See how
I see
That's why these kinds of goals are unrealistic. Not that it's bad to have goals. I don't think many of us hit our by X age goals. Also, I'm hitting my number soon but not close, life happened 😅
Technically the part of your house that you have paid down is part of your net worth.
Started with $0 at 22. Reached 100k half a year before my 25 birthday. Diploma starting take home around 2k. Sign On since dont know what to do. Saved all my bonus and invested into US ETF
This is an underrated comment. The signed on specs and enciks usually burn their bonus on siamdiu and other unnecessary stuffs
well done!
Hit 100k pretty late at about 31. But in the next 3 years, i managed to quadrupled the amount by investing.
What was your portfolio composition?
25% cash 75% on high growth industries
I think around 28. I'm Chinese-Australian and I grew up in Sydney. Culture there is moving out and renting in your 20s, but still had an Asian upbringing where kids don't get anything for free. My parents pushed me to work, so started as soon as I was legally able to at 14. Burger flipper, waiter, delivery driver as soon as I could drive (not tofu unfortunately). By the time I was in University I was working two part time jobs. One as an English tutor during the day, the other as a bartender from 10pm to 7am. Classes in between. Helped pay the rent as well as having some spare money on the side. Did wonders for diligently creating a budget and sticking to it. I had a sister who didn't understand how credit cards worked and racked up 10k after she realised you had to pay more than the minimum. After getting chewed out by my parents, it was a free lesson for me. During University days I started learning about day trading strategies for Forex. Spent ages studying patterns and technical analysis. Opened a paper trading account to get a feel for it. At one stage I was up a few million paper dollars. A few very poorly executed leveraged trades and I got margin called. Lost all my paper money. Was months and months of paper trades and research, ending in a humbling experience. Vowed not to do it with real money. Stopped trying to get rich quick and read more books. Found Bogleheads, realised why people kept talking about the S&P 500, basically got more financially literate beyond scraping by on a budget. Still made some very poor stock picks. Tried to start a services business and failed. Started a photography business and did pretty well, but realised I couldn't scale it. I was working most weekends on top of my day job after graduation and spending evenings on client servicing or editing photos. Shut it down and broke even. I now have some pretty expensive lenses to play with. Didn't start making significant money until I moved to Singapore at 29, but when I did, I basically doubled my first 100k in a year or two. What they say about the first 100k being the hardest is very true. So hard work, lucky lessons learned relatively cheaply, and being put in some difficult circumstances really helped. If I'd learned more earlier maybe things would have been better. I still have a long way to go by my own standards.
> Lost all my paper money. Was months and months of paper trades and research, ending in a humbling experience. It's great that you had the foresight and wisdom to practice with paper trading. Most people learn this lesson the hard way, with real money.
Late 20s. Hit it in 2020 during crypto boom. Got greedy and didn't cash out. Dropped 60% and now I'm back to 100k.
Healthcare career with a local uni degree (not medicine, is a straight A course that people often said underpaid), saved 100k at about 28-29. Male NS. Earned more through shift work and lifestyle difference from typical 20s. Supporting parents in a way that I top up Cpf account and pay for their expenses and give them a credit card to use. Lucky that they are all frugal people. Love to spend time mostly with family and pay for all meals (although I must use eatigo and deals) and travellings are mostly simple trips to Malaysia .Have friends who are also simple minded people. Forced savings plans, money put into funds with dividends, and HYSA. Do not believe in branded items, business class, partying in expensive places. Hobbies mainly are very inexpensive and free of charge. Also lucky to have an elder sibling with same financial habit as me. I attribute it to our low income childhood that forced us to maximise our savings whenever we can. But hated to share my savings to others esp when there are people who think I do not have commitments, living rent free hence can save, while they are the ones who are willing to spend on their own travels regularly in the name of "money can always earned back time cannot", expensive dates and label me as cheap. Some of them don't even pay bills in their home or want to travel with their family. Even if they travel with family, their parents pay their own share or some even cover for them. Basically, their jealousy made me feel angry because my commitments are not any lesser than theirs, yet I am labelled as cheap when I enjoy things that are not as expensive. I will also be cursed when they claim I take money to my coffin or what if I die the next day. Like dude, I don't think I do not enjoy my cheaper lifestyle and working hard so no regrets. Also did not like it when people claim I can save because I am a single when I did not choose to become a single just cos I want to save or FIRE. I have to pay higher taxes than them, more expensive resale, no one to share the bill with. Things get better now when I can afford my own home at 35 and paying for my retired parents expenses and also family trips to places further with my investment returns (though I still source for good deals). Have not regretted my choice or "experiences" but downside to this lifestyle is you have to be prepared to be despised often.
pharma?
Pharmacist I would assume? Anyways good for you to have financial discipline. But why are you affected by what others say? Your money your rules On the other hand, different people derive joy from different things. You perhaps may not enjoy travelling or luxury goods and that’s perfectly fine (good for your pockets). Others may and perhaps your friends just have different perspectives on things. Living rent free to be FAIR is a huge benefit. If one is renting you can easily lose 30-50% of a fresh grad income in today’s situation. Fkn expensive in Singapore. 1 month bedroom rent in a shared HDB = 1-2 week of travels in Japan/KR, depending on budget. If you rent a condo studio, even more
I have no qualms about how people decide to use their money as everyone has his own choice. money is a sensitive issue and talking about it with different perspectives may trigger unwanted reactions lol. That's why I only share these to more trusting friends, and anonymously here as not everyone may applaud for your discipline. From my circle and pre COVID era when there's not much FIRE movement, it seems people who save money were scorned upon more often. Things changed quickly after such movement came in and ironically I feel people understand my financial discipline now better? Though I don't always agree with purely saving/investing money aggressively. That's the power of social influence I must say. There are also some who love to spend and invoke sympathy later to get their desired outcomes such as balloting for well paid shift, or refuse to contribute financially in the name of needing more money. Noted living rent free is a benefit, however that's also cos of high rental fees here hence we cannot blame Singaporean singles to take the choice of living with their parents before they can buy their own house at 35. However, some may have other circumstances or make "independent living" a priority over their finances, so they also cannot complain if they make a conscious choice to rent over living with parents (however, I seldom see people around me doing that). the working adult can contribute financially in other ways to the household with the savings. Young couples also make the conscious choice to date and BTO early with subsidies so it's not fair if they look down on a single staying with parent, especially when the single has to pay much more expensive resale alone and also taxes later.
by 30. saved alot. then went into lifestyle inflation and lololol
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How many you have?
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Oh, that’s amazing. I’ve always heard about Bitcoin millionaires but never knew one in real life. Well, I guess I don’t really know you either but this is the closest I’ll ever get to a millionaire, I guess! Nice to meet you.
How and where do you loan it out?? U mean staking?
No of course not staking. Small amounts you can use any cex that has borrowing like Nexo. Larger amounts there are some private OTC desks.
Started at 23 with roughly 11-12k, hit 100k at 26. After the 100k mark I started treating myself to a few nice things and travelled more. Will hit 200k within the next 2-3 mths at 29. That said, I acknowledge that I’m privileged enough to still stay with my parents, which has allowed me to save more.
Malaysian. Got to SG in Sept 2022 with just a couple thousand from previous salary. Save like crazy and cut corners everywhere. Hit SGD100K in late Sept 2023.
So you saved about 90k in one year? Story time
I'm actually a senior hire, but I went into siege mode (most of the time) when i got to SG. Went back to living like a student: shared a place with 3 other people, taking the bus and train to most places. Took up exercising as a past time, (mostly) cut cigarettes. Could have done better, but I'm still paying for a house and car in MY, and also for some medical bills back home. Not really as bad as it sounds. I still splurged on meals ($50-100) and take grab a couple times a month. I also went home every 1-2 months to KL. Contrary to popular belief, SG is not as expensive as KL .... once you get past the rent. If you think the inflation is bad in SG, try living in KL on a KL salary.
Earning 5 digits? Makes sense
Yeah, I'm also senior in age. Didn't always make the best decisions earlier in life, so I'm just catching up now in my 40s. If my younger self just put away 5-10% every month into investments I'd be in a more comfortable position. We live, we learn...
I hit billionaire status when I was born into this world, inherited from parents
Probably only around 35. Support 2 parents plus yolo too much at younger age😂
second year of work. It was a mix of hardwork, luck and a 200k cheque from papa.
Hit 100k in investments (excluding CPF) at 26 years old last December. (1.5 years into the workforce) Background: Dad is a director in a MNC in an unrelated industry (semicon), mom works as a sales manager for tech. Did well for A’s and NS and went into local university with a merit scholarship, hence no student debt. Grinded hard in university to maintain >4.8 GPA while juggling CCA exco commitments and networking in order to land a good summer internship. Got a summer internship at a top multinational company in my field during my third year and successfully secured the full-time conversion, netting me an above average pay and great benefits. Started around 25 years old with 15k in portfolio and kept savings rate at above 70-80% of gross salary monthly by not eating out and not going overseas for vacations at all. No emergency savings and the bulk goes into VWRA and the rest into stock picks. It really helps if you don’t have student debt, don’t need to pay rent and your family doesn’t depend on your financial input. Starting at a MNC with good benefits and above average pay is a huge boon too! Edit: What’s up with the downvotes..bruh I do acknowledge the privilege of having parents that have their financials sorted out and don’t depend on me for retirement but they don’t give me handouts and I have to work for every cent I have after graduation. Yes it’s “easier” compared to my peers that have bigger commitments to shoulder but it doesn’t make the work required any easier..
good work to make the best of your privilege and well done! not sure why people have a "race to the bottom" mentality here - do we need to find someone who hit 100k despite paying off parents gambling debts, student loans, mortgage, medical bills, putting 3 siblings through to university, adopting a few stray cats... before we finally get impressed? c'mon guys, a 100k starting from student debt is impressive.; a 100k starting from 0 is impressive too a 100k while renting is impressive; a 100k living with parents is impressive too what we should all work towards is how to get all 4 folks above to $1M, not compare who had it harder... most of you are young but somehow sound like boomers saying "you know, back in my day we had to... "
This is both great that you have set yourself up with a strong financial base. At $100k, that's worth $761k from compounding in 30 years (56\~) with a 7% YoY gain in a compound calculator. Amazing! That said, you only have one life and you should make sure you enrich your life with unique experiences and doing things you enjoy. Do you want to be 60 years old, with $10m and you are too frugal to spend it? What happens if you have an accident at 30? We must both save for the future, whilst enjoying the present. Just don't rob your present for a maybe life in the future.
Traditional engineer graduated local university and packed my bags for the US. Was working as a mechanic/technician for 2 years getting paid by the hour (25bucks an hour) with OT being 1.5x. It's normal to work 16hours a day in the US with 12 being the min for my company. Saved up enough and with the favorable exchange rate during covid, I got 120k in the first 2 years of working. Now I'm back being an engineer
Started doing freelance photo & video with my own equipment. First paid freelance job was 17yo in JC and never stopped since; crossed the 100k business profit mark 5 years later, halfway through university when I was 23yo, but a majority of that was reinvested into equipment and passion projects. Was my personal dream to grad uni with 100k liquid cash as a goal - to pad my foray into full-time work and continue upgrading the gear, and it felt good to achieve that at 24yo-going-25. 15 years on from my first paid gig, with my registered company having its 10 year anniv last year, and I'm still proud and thankful that I can do this for a living! Unfortunately I wasn't properly exposed to passive income via investing then, so I continued hoarding the cash or reinvesting in equipment through the years until I actually started investing during covid. Thankful for this sub and friends who can talk about these topics!
I hit 200k in 2017 thanks to bitcoin. I lost most of the money because I was a dumb 23 year old. Knew nothing about finance or investing. After the crash 2018, I had about 30000 left. But I had a decent job in Australia. Worked for 4 years 6k a month. But taxes there were 35% so that's what really opened my mind. Learning about the different systems and taxes and finances. 2021 was the next crypto bull run. I made 800k usd. And lost 500k because of a rug pull. One of the best coins failed. I told myself it was because of the bad coin, and I put too much in one basket. Not because of my trading skills. I was right. 2021 to 2024 now. I made another 700k usd and cashed out 80%. I'm 31. Hope to hit 2-3 million by 2026. It's funny how the whole time I aimed for 1 million, I never reached it. Now I'm skipping to 2-3.
jesus, a lot of people lying in this thread
Haven't got my first 100K yet, and don't know how to do it yet.
Nice
Saved up close to 20k during NS as I don’t drink/smoke or date during that period. After that ORD while waiting for Uni, worked part time as a warehouse assistant, saving close to 30k by the time I start Uni During 3 years of Uni, again no smoke/drinking or dating. Go home straight away kind of student. Did a few internship which pay 1k per month so managed to pay off Uni fees by savings and graduated without debts. But savings close to wipe out Graduated from Uni during the thick of Covid and got my first job at 2.5k per month, contract basis. Went through phases of contract extension while renegotiating pay and jumping job once. Finally earning 6k+ how and hit 100k at 27.5 years old. Took me 2.5 years after graduation from Uni to reach this milestone.
Might have hit 100k by my 26/27? During Uni both me and my other half have received “salary” and stipend, as well as been bonded in exchange of 0 tuition fee. By the time we graduated, i already saved up around 50k, collected key to bto, did wedding and reno which was largely sponsored by my inlaws. And we started working right after graduating so we had quite alot of cash and steady income. But we were very financial illiterate, and did not spend time researching.. ended up purchasing endowment plans after being talked into it by some uob banker, subsequently prudential FA.. Then at age 26 we had our first child, alot of expenditure because we signed up for cord blood lining for 10k, yes the one who had the failure saga just recently so considered the money down the drain. Also bought “branded” baby items thinking better quality, splurging on books and this jujube bags which I just want to slap myself looking back. When we had our 2nd child at 28yo, school fees and enrichment fees doubled. More importantly, purchased even more ILP/endowment plans under the “holistic planning” by a pair of AIA financial advisor. Regret. If not for these, we would have saved up alot more 😔 so combined with my spouse, we are still stuck at the 100k mark each, unfortunately. Now considering if we should surrender the endowment plans for a loss..
mid 20s, started with 15k after NS, down to 10k after school fees. currently working pt job while studying. long way to 100k goal
24 yo
23 years of age before I lost a good amount to platform failures. Now back above 6 figures by sheer grit and hard work. 25 years of age now.
Bought doge coin n xrp cheap
Hit >100k late 20s but 100k wedding so back to the grind. Next would be a house so reno will blow it all out again. The 100k number is meaningless because everyone are on different paths
Don’t you get some back through red pockets?
Definitely but it’s only a fraction of the total cost. Can’t really expect everyone to pay $200-250 per head when that’s the cost nowadays for a banquet. Even lower end hotels are around $170 already
Reached 100k somewhere towards my late 20s. NOTE: I had no rental to pay and mortgage or any liabilities and was mostly eating at home. Graduated Uni with over 1k in savings, and was in a normal paying job (high 2ks) back in 2018. Saved up all my bonuses and pretty much lived below my means in order to save 50-60% of my income. Invested very aggressively (about 80% of the cash I had on hand back then) during Covid when all the stocks were on discount and also did side gigs whenever I had time - could be anything, even did a dishwasher job for awhile on the weekends while I had a FT job because it paid decent enough Switched jobs along the way with about 20-30% pay increments, currently earning 6k plus and still continued living within my means but not scrimping as hard as I used to anymore but still saving a healthy and sizeable sum every month. You could either cut your expenses and save hard to get there or you could maximise your time in every possible way to get the same result. Really depends on what you’re after but make sure it’s sustainable and not unhealthy.
35 and just hit 50k mark last year. - 50% robo-advisors, 15+% VWRA via IBKR ( DCA 2 shares every 3 months after initial 5k deposit) and the remaining in DBS multi currency account ) Of course if include CPF and all, net worth around 200k. Single and feel could save more but I hit a phase where I buy nice luxury watches, sneakers and some branded bags. Tell myself to stop for now, expected to reach 100k by end of next year.
Traditional engineer graduated local university and packed my bags for the US. Was working as a mechanic/technician for 2 years getting paid by the hour (25bucks an hour) with OT being 1.5x. It's normal to work 16hours a day in the US with 12 being the min for my company. Saved up enough and with the favorable exchange rate during covid, I got 120k in the first 2 years of working. Now I'm back being an engineer
Im malaysian, 25. Worked here for 1.5 years now and am 70% there if i dont include the money i made before started working here. Goal is to reach 100k by end of year then 400k by 30.
I haven’t hit my first 100K yet, excluding CPF. Saved around 80% of my salary every month. That’s because I invested that money all on myself.
I made 150k in property appreciation alone after selling my first property (99y resale condo, 300k profit split between my husband and I) - managed to take advantage of the covid property crash and the subsequent boom, which is why I always say that things are very unfair for Gen Z because it’s quite impossible for them to get these gains. We poured our entire OA + all our cash savings into the downpayment back in 2017 for a 1m 3BR condo then and it’s paid off with not much risk. This is not achievable at all with today’s property prices.
19 years old but with massive risk doing trading stocks and crypto. Probably lucky for taking the risks as it was pretty bullish before covid crash. Started learning forex at 15 so that's the very beginning of highs and lows. Over the oast 6 years however have moved into property, stocks investing, and doing salaried + commission job to accelerate making every 100k plus also less risk taking because losing capital sucks
I reached my first $100,000 when I was at the age of 22 around March that year. Started with about $5,000 savings in 2019, worked a load doing what I love & was pretty frugal in my spendings.
I already had at least 100k when I was born into this world. Y’all above with the CSBs gotta do better aye
Waaa all the rich man, I hit 100k during this year 28… started from -$89k when I was 26 in Aug 2022
When people say 100K, is this 100K SGD or 100K USD?
It’s a Singapore sub what do you think
Was into internet affiliate marketing in the early days and it was a HUGE help. But now it's way too competitive already -- way too many people earning the same amount of money.