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CPF interest – from 3 to 4 digits!
By The Cash Cottage  •  January 1, 2023
Whoo, CPF interest is finally in! It’s pretty exciting to watch the numbers grow even though you can’t really touch it. 😃 I have charted the CPF total net worth (with interest) against all principle contributions in the chart and can finally start to see the effect of compounding, I expect to see the lines diverge more as time grows. I’m quite happy to see the annual interest finally broke the 4-digit mark, from $700 last year to $1.3k. It ain’t much but it’s honest work! It’s funny now that I think back to last year when I used to not give a damn about money, now I am tracking the numbers in spreadsheets and making fancy charts.#nerd🙊 Look forward to next year’s interest! ...
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By The Cash Cottage
I am a 26-year-old “Young” adult, working and doing part-time University studies. My story started when I came across the topic of personal finance at the start of this year. After the banks reduce their interest rates, I poured my time and effort to look deep into saving and investing my hard-earned money. I believe many young adults who are stepping into the world of adulting are as lost as me when I first started. My inspirations come from Youtubers and fellow financial blogs, for which I am very grateful for their guidance and now I would like to pass on the knowledge. I hope that this blog will help you in your quest for FIRE and make smarter, informed financial decisions.
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