Guide you what? Morally or financially? 

Since this is a personal financial thread, and contrary to what some would think, it is not about personal loans. It is about budgeting one's salary to live within the salary.

And it is also not about how to do investments, as 'investment' has a wide interpretation and open to all sorts of ideas and opportunities which usually are discussed under its own individual threads, like setting up a bird nest house, selling at pasar malam stall, taking a franchise, opening a budget hotel, etc etc.

So, personal finance is about managing one's living expences and the leftover of the salary - which is the month savings; and how best to manage the savings.

So, first things first, S$10k in about 20 months is about S$500/month, would only looks good when converted to ringgit. Is this S$500 your monthly savings every month without fail?

Can it be more? What amount do you need to set aside for some festive annual expences? What amount can you set aside for long term, ie retirement when you are no longer working and depending on it as a source of income, to supplement the money in CPF or EPF? What amount of money do you had in mind for the next several years, like for marriage, funding the deposit for a house or a holiday?

And most of all, how much money do you need to put aside - money that will not be touched, in case you lost your job and this money will tie you over for at least 3-6 months (depending on how fast you think you can get another job) while being jobless?

Think about these 'savings' first... then ask again on how to manage* the savings.

(* I'm using the word 'manage', as oppose to 'invest'. Pointless to point out all the investment opportunities in the world if they are not open and accessible to you.)

We need to move away from the conventional way of 'saving'. During our parents time, we were always told 'save a portion of our salary'.

But now, u cant just save anymore. Saving just like that doesn't work when ure dealing with high inflation. Your savings are being eaten by inflation daily. Most ppl think that inflation in Malaysia is just 3% so FD rates can easily offset that. But that inflation figure is taken by comparing the most expensive place in KL with the cheapest place in Sarawak. Very misleading I must say.

Realistic inflation in KL is about 10% per annum on average I would say. So if your savings / investments are not getting you at least that, then your overall NAV is being 'eaten up' slowly but surely. So what most ppl do is they start cutting back on expenditure. But what everybody should be doing is enhancing their savings. Make your money work for you. Don't leave it idling around.