Taking stock of life. Make it better.

As I look through the last two years of difficult conversations, these are the three hacks that would had the most significant impact on the lives of my younger friends: 1) Have a high yield savings account Interest rates on high yield interest bank accounts have dropped recently, but remain decent. Still very much possible to achieve 1.5% to 2%, just for having your salary credited there and perhaps a few hundred dollars on credit card spend (which can be achieved by charging ez-link, mobile, and wifi / cable etc onto the card instead of GIRO). For an independent review between different bank accounts, refer to  Seedly's comparison of best savings accounts . Between the higher yield interest, and ordinary passbook / savings accounts of the past (which could pay as low as 0.05% per year), the difference in interest earned is usually more than 1% per year. Just to put this in perspective, I made a table below to illustrate the bonus interest amount, and what it could