I had a comment from a reader on “My financial goals” page today. This comment reflects the reality of living in Singapore.

Here’s the comment:

“I am an engineer, turning 30 this year. After paying off my university and other loans, I am left with nothing in my hands. I am married, wanna have babies soon. How do I start saving and investing then?”

Credit: avinashgamebroy.deviantart.com

I believe there are many others who also had their savings wiped out after having a wedding, paying off school loans and even have their CPF wiped out when they buy a new house. I told the reader that I’ve not been through this stage so I won’t understand how the situation is like. But I added on that I believe all of us can start all over again. There are 2 ways to saving more money. One is reducing your expenses …