Personal Finance
Financial Goal Progress August 2020
By My Sweet Retirement  •  August 17, 2020
Last month, I wrote about How To Grow Your Money In 2020. Above is the progress of reaching my targeted financial goal for August 2020 . The first step to grow your money is to set an achievable savings target. The savings target should be at least 5 figures (E.g. 20K or more). I plotted the above chart to track my progress towards reaching my financial goal. At 100% is the amount of money I wish to have which is my financial goal. The total financial assets I am tracking are:
  • Insurance savings (NTUC RevoSave, Singlife, Dash EasyEarn)
  • Savings accounts (POSB, OCBC, CIMB)
  • Singapore Savings Bonds
  • Current value of my stocks
  • Supplementary Retirement Scheme
If you have noticed, I have signed up for Dash EasyEarn which easily earns you 2.0% per annum for the first year and 1.5% per annum for the subsequent years. As you can see from the above chart, I am still 55% from reaching my targeted financial goal. I have...
Read the full article
By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance