Your expenses MUST NOT = Your income This leads you to have NO positive cash flow. Which is not ideal... If you are not able to put money aside and invest for your future, you will be trapped in the "Rat Race". It is a never ending cycle where you're just working for money and there's NO financial progress and NO chance for retirement or financial freedom.
Shortcomings Of Using Alternative/Sub-accounts To Separate Out Savings You may have an alternative bank account where you have been squirrelling savings away with some success. If you have, you can consider sub-accounts and OCBC for example has such a feature.OCBC online banking has a "SAVINGS...