Personal Finance
Saving Your First $1 Million. How Much You Need Per Month To Be A Millionaire in 5, 10, 20, 30 years?
By Seedly  •  September 18, 2020
Who Wants To Be A Millionaire? There are 269,000 millionaires in Singapore as of the year 2019.
Source: giphy This number is projected to increase to 363,000 millionaires by the year 2024. With 94,000 millionaires position “up for grab”, we did a bit of calculation to see how we can move towards “chope-ing” our position as a millionaire!
Source: Youth.sg The previous time we talk about how much you need to save each month to save $100,000 in Singapore. If you have yet to save $100,000, here’s the article that can help you do so: If you managed to meet your target, it is about time to up the level a little. Let’s Aim To Be a Millionaire! We understand that the route to your first million can be challenging. Also, in the context of Singapore, some of...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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