He may have a modest lifestyle, but Mr Matthew Seah, 25, certainly has a knack for investment.
He graduated with a diploma in biotechnology from Singapore Polytechnic in 2008 before joining the civil service in December 2009.
He is concurrently pursuing a part-time finance degree at the Singapore Institute of Management, and pays $2,400 every semester for the course fees.
Since Mr Seah started investing four years ago, he has put about $105,000 from his savings and salary into blue chips, banks and penny stocks.
His maiden investment of around $20,000 was funded from his savings including what he got from hongbao over the Chinese New Year as well as education bursaries and scholarship awards.
"My parents are thrifty and would buy only groceries that are on offer," he said. "My dad would spend only when it's necessary."
Mr Seah has three sisters - a public relations officer, 35, a housewife, 33, and a graphic designer, 24.
His parents have since retired. His dad, 57, used to do metal work for industrial use while his mum, 56, was a housekeeper at a hotel.
Q: Are you a spender or a saver?
Saver. When I was young, my parents taught me the virtues of saving. All my Edusave bursaries and scholarships during my school days went straight into my savings account. Instead of spending what I've earned and saving whatever's left, I do it the other way round - saving a portion of my income before spending the remainder.