Above is the progress of me reaching my targeted financial goals for July 2022. The total value of my financial assets fell slightly to 62.66%. If you wonder how I compute the total value of my financial assets, they are:
Insurance Savings
Singlife, DashEasyEarn and Dash PET are alternative to traditional savings accounts whereby I park some cash aside and let them grow.
Despite banks increasing their interest rates, there are no news from Singlife, DashEasyEarn and Dash PET on any revision of their interest rates. The current crediting rate for Dash EasyEarn is 1.2% per annum. The crediting rate for Dash PET is lower at 0.70% p.a. for the first S$10,000. You can earn a higher additional crediting rate if you purchase their Add-on Protection. Singlife return stays at 1% p.a. for the first S$10,000.
Savings accounts (POSB, OCBC, CIMB)
In June,...