From now on, I decided to put away a purple note each day, as soon as I received it. Even though Singapore is heading towards a cash-light society, it is still not uncommon to use cash for day-to-day transactions. For example, we pay for our food and drinks (probably at least 3 times a day)Continue reading “Embarking on my $2 a day challenge”
There are people who constantly ask why am I planning for retirement so early or why focus so much attention on CPF 101 hacking. For that matter, also why am I starting so young for my child. Is 55 years ahead too young to plan? How about 30 years ahead? Identify, Exploit, Subordinate, Elevate, Repeat.Continue reading “Why I refuse to fall between the cracks during my retirement”
It is the end of October with all mandatory contributions and cash top upare in for the month. MA contribution overflow to SA continues. OA to SA transfer for the month of October is also completed. SA balance currently stands at $82,222.09.
Join me in the Baby F.I.R.E. movement, where for babies First In Relax Easy. I am illustrating from my own personal experience (for new parents with their first child) on how your baby can F.I.R.E. up her life early, right from the day she is born. Figures used may be different for subsequent children, butContinue reading “Baby FIRE movement”
Parents, I have discussed earlier the importance of inculcating financial educating from their early childhood and for you to oversee on their investment early in life. I have done a projection on the value of my child’s assets 20 years from now, with the assumption of a modest return. Let us take a look atContinue reading “A glimpse 20 years into the future”