I got a pleasant surprise when I checked my CPF statement recently.

After 3 years of work, my CPF has accumulated to a good $51,000 sum, which therefore brings my current net worth to above $100,000 from just savings alone. The breakdown is as follows:

 CPF (forced savings)  $51,000
 Savings in 2014  $20,000
 Savings in 2015  $30,000

I decided to revisit my old blog posts to see which tips I had mentioned then helped me to to achieve this milestone. You may read about my journey in savings $20k and $30k a year in the table links above. In addition, I also looked back on my post where I detailed a plan for Singaporean young workers to save $100,000 by age 30 to see what still remained constant.

1. Aim to save 50% of your take-home pay.

I strived for a much higher savings rate of 70% – 75% each month.