Ya from what DM said. I hardly see any problem with your cashflow. How much actually you intend to spend for your wedding?

If you save 10k each month, i think you may want to think to put some to short term FD like max 3 mth coz if wedding is in 12 months you can't get the benefit ya?

Then the rest put into cash management fund for liquidity and better rate than SA. I don't see why you want to go into equity for wedding plan. You willing to take the risk?

But kids fund etc then diff i supposed. That's at least 20-30 horizon. by all means go for investment/stocks.

Take note i'm just a dude who's just realised i need to get my financial in order as well.

ah Bali is nice. Well good luck in budgeting that. 😅

Again I'm no expert, I'm learning along the way. DM is way more knowledgeable.

As for emergency fund, other alternatives is ASB or ASx products.it's about 6% pa.


as for child, depending on your willingness to hands on. I might suggest splitting life/med insurance away from investment link policy.

Get maximum coverage what you deem is fair up till 20 years old maybe? then put the rest to mutual funds. follow exactly which funds the insurance company is investing. walla! you have yourself a diy investment link insurance plan 😅

I wish we had the options like now earlier in my years. we can do our own investment via FSM/eUnit for mutual fund.

do share what you come up with. I'd like to know what you decided