Forum
Last updated: 

How to have savings from salary.

I earn a lot more than I expected to have. But because I earn a lot, I also spend a lot and I enjoy it. Almost all of my salary is being used up after receiving it from my workplace. Now, I am in my 30's and I do not have a stable savings account, I might regret sooner if I do not start saving up my salary.

User comments

  • user image

    No Name

    People who earns a lot of money usually spends their money for their pleasures. I takes a huge amount of money from their salary and after a few weeks they are complaining that they are broke. For you to save up money, make a budget on your expenses. Do not buy things you would not benefit from. Find alternatives from you leisure.

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Forums

May I use the savings of my brother to pay a repossessed item?

I need to maintain my medicines.

Who can recommend the ideal joint account suitable for couples?

How to save money for a new laptop or any expensive gadgets?

If I was to file for bankruptcy would that mean for my bank account that is currently linked to all my billing accounts?

Wha are the ways to reduce my expenses without compromising on my lifestyle?

Related Reviews

If you plan to buy travel insurance with Citibank, be prepared to pay a premium

With Citibank, you have a choice between complimentary travel insurance with a Citi PremierMiles, Citibank Cash Back or Citibank Rewards Card or paying for a premium insurer. If you take a closer look at the coverage limits on the complimentary insurance plans, you’ll realise that the limits fall way short of industry standards for paid travel insurance. Which essentially means that you take it up on your own risk. If you plan to buy travel insurance with Citibank, you’ll have to pay a premium however as it is expensive and the coverage doesn’t quite fit what you pay for but if good emergency assistance is your top priority, then you might find Citibank travel insurance worth your money.

Citi Travel Insurance / Citibank Singapore

Pprotects you in the event your business equipment is lost or stolen.

The Allianz annual plans saves frequent travellers some serious money. In fact, a couple only has to take two seven-day trips a year for an annual plan to become a better buy. And if you travel for work and are responsible for your own insurance, the Allianz AllTrips Executive Plan might be a fitting solution. It provides reasonable coverage for all categories and protects you in the event your business equipment is lost or stolen.

Allianz Annual Multi-Trip Travel Insurance / Allianz Global Assistance Singapore

$18 for the cheapest one week coverage plan in ASEAN countries.

This is definitely one of the affordable brands and their prices are often competitive with ongoing promos particularly if you’re travelling beyond Southeast Asia. Don’t you think that $27 for a week’s coverage in expensive countries like Australia and New Zealand is really quite a good deal? Now with such low prices you’d think they’d hold out on discounts but not at all, as they currently offer 20% off with the promo code TRAVEL20. That’s $18 for the cheapest one week coverage plan in ASEAN countries.

FWD Travel Insurance Business / FWD Singapore

A very good international reputation for its emergency assistance

Even though you may purchase this travel insurance from American Express channels, every aspect of the after-sales support is taken care of by Chubb Insurance. Chubb has a very good international reputation for its emergency assistance, which is reassuring if you ever worry about such unforeseen circumstances and events occurring. They have an efficient emergency hotline assistance service, while claims can be submitted online with supporting documents through Chubb’s online portal.

American Express VoyageGuard Travel Insurance Standard Plans / American Express International

Generally FWD offers decent coverage for a safe travel destination

I must say that the FWD Travel Insurance Premium is very easy to apply and also avails competitive rates as well. Generally FWD offers decent coverage for a safe travel destination however if you’re going somewhere with a higher risk involved like a ski trip for instance, you might want to consider specialized plans. But generally, the application process and ease of getting a quote upfront is great with competitive prices too.

FWD Travel Insurance Premium / FWD Singapore

Get $300 limit on delays, $300 for missed connections and another $500 for diversions

The FWD policy wording doesn’t mention any sporting exclusions, with the exception of competitive sports and hiking/trekking above 3,000m. Considering that most outdoor activities are covered, their lowest tier plan (Premium) is very good value for money. For the basic plan, FWD Premium has quite a high trip cancellation claim limit of $7,500 which applies for haze-related cancellation or infectious diseases like Zika and dengue too. Where FWD loses out is in the below-average travel inconvenience benefits. For example, for travel delays, you get $300 limit on delays, another $300 for missed connections and another $500 for “diversions”. It is very hard to claim the full benefit.

FWD Travel Insurance First / FWD Singapore