My colleagues at work are always finding the best savings account to put their money in.

Of course, some might say that should not be the case as you should work more to increase your income and not to worry over such minute matters like interest rates on your savings especially when you are a fresh grad.


Read more on why your shouldn't be worrying so much on bank interest but on increasing your income: The Single Mistake Everyone Makes In Their 20s Trying To Build Wealth

One of my colleagues who know that I do invest my money was asking me whether she should start the regular saving plan (RSP) under POSB invest saver for her to hit a higher interest rate for her DBS multiplier account.

Read more: DBS Multiplier changes and what might be my next action

I think it is a rather good initiative to start investing...