How To Easily Double Your Savings Rate!

Here are a few simple tricks I'm using to double my savings rate.

INVESTING

ROBOADVISORS

CRYPTO

PAYMENT
► DBS Paylah (free $5) CODE "AHVULE614"

LIFESTYLE

SOCIALS

0:00 - Intro
1:06 - Analyzing someone’s expenses
6:11 - How to reduce expenses
12:48 - How much extra savings?

*None of this is meant to be construed as investment advice. It's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.*

[HoneyMoneySG]

$66000 taxable income is after 20% CPF Contributions, not including any CPF Top-up or SRS Tax relief yet.

So the gross annual income should be 66/0.8=$82.5K, then add any tax relief strategies that she have done.
Which is super high income for her age!!

[ckn]

Kelvin, how do you pay AXS using GRAB?? Are you using the e-AXS or the AXS website? I don't see GRAB as a payment option in AXS?

[sleepandrelaxation]

In previous videos, you tend to use averages or medians based on studies/reports... for this case, just one data point from one random person... the information may be inadequate.

[katvadee]

Thanks Kelvin, its really helpful video as i m trying to cut down my expenses but dont know where to start :)

[klezschuyler]

Her pay is quite high to begin with. Try with a more realistic number say 2-3k. A lot tougher.

[JJJJJYT]

Saw you always cycle to Tampines from Simei...

[derekbystander]

I would increase 100% of my saving if I dropped my relationship 😂

[orangegallery]

My rent itself is 2800 school fees is 1500 sgd .. so from all this it seems foreigner with family should not think of FIRE .

[valuabletips]

Insurance a bit high...personally I dislike insurance because it's a liability but I understand why people has it

[teslabullsingapore]

Try my expenses. 450$ for rent. 100$ for transport. 100$ for everything else 😂

[KenliaAdventures]

Can use Simba, 10 dollars also, plus 100gb plus 1gb overseas roaming.

[wongjonathan]

Start by saving $1, then $2. There you go doubled saving rate

[tanjem]

Tesla going into big correction next ???

[jeff]

For Food, $800 a MTH only about $27 a day; Now a day$27 per day for a young girl is Ok
Although like most of yr vedio,
But not this one...do remember
Every one has a different lifestyle, do enjoy when u are young!

[demieregon]

With age also comes more commitments eg house, marraige, kids. Her parents will also get older and may need financial support. Never underestimate these additional expenses which will impact her total savings even as she begins to draw higher pay

[jejunegamingtv]

We can't really simply just change to a cheaper SIM plan, especially those that aren't popular. Coverage is honestly an important factor.

[casemiro]

Why can't the girl whom u used in the example just stay with her parents instead of renting her own room?

[dvrhmyx]

Kevin saying 8gb after 6 months tells me that myrep will lose a customer soon

[animalsfunnymoments]

Im ur huge fan on youtube because u use alot of jokes in the videos and I love it. What i'm wondering is that saving or investing my monthly life saving money on moomoo trading brokerage account is totally safe to do for long-term like 30 or 40 years?

[CatandCook]

100 dollars for transport?! Must be kidding.