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A Quick Update on Personal Finance and Investing
By Frugal Youth Invests  •  September 18, 2020

I have been quite inactive for a while. Therefore, I have decided to make a quick update. This article will not be an educational one. It is more of a personal update on finance and investing.

Personal Finance – Adjusting Allocation

As shared in one of my previous articles, I have a budget allocation that I have been following when I was  much younger. Initially when I started on this, I would allocate more to investing and saving so as to accumulate capital and money at a faster rate. Such an allocation arrangement is mainly influenced by my mindset about money and among other reasons. 

Just last year, I wrote about an article on thoughts about savings as a teenager. In a Facebook post on Seedly group, I shared with the members my allocation, whereby I would only allocate about 12% for expenditure and the remaining for investing and savings.

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By Frugal Youth Invests
I am a final year polytechnic student at Singapore Polytechnic and awaiting for my enlistment in 2019. I started investing when I was 18 years old. 1 January 2018 was the day when everyone celebrates the start of a new year but it was also the day when I applied for a brokerage account to embark the investment journey to retire early ...
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