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Showing posts from May, 2018

Achieving $300k cash before the clock hits 30

When I first started blogging (cue the first blog post), I set myself a goal to save $100k by 28.
$100k cash, excluding CPF.
I achieved this at 25.

I even thought my $100k would drop downwards after paying for flat, reno, kids. But who would have known that my chance to get a flat would only happen at 27, and my savings grew and grew?

$200k at 28
At 28, I hit $200k cash savings. It took me 3 years to grow another $100k. 
If not for the fact that I've been topping up $14k annually to mum and my CPF RA/SA, spendings on wedding, house related stuff and frequent holidays, I would have much more cash on hand. But, that can't be real, that's not living - those money have to be spent.

If not for the fact that I've pumped $80k over the past 7 years into stocks, of which the paper value is now only at $60k+, I'd been $80k "richer". The converse could be said if I've great investment capabilities to grow $80k to $100k 🙃

Anyway...
As I edge closer to 30 ⏰, I've ano…

How I save >$150k before 28 - updated tips

2 years ago, I shared my achievement of hitting $100k cash before 28.
Today, I'd like to share how I accumulated >$50k within 2 years time. Honestly, saving around $25k a year is nothing to brag about. But I hope that with my revised tips - which doesn't differ much from what I had two years ago - would inspire or motivate you, especially the younger ones, to do the same for yourself.  To save money, start with discipline. Set a goal - When I achieved $100k at 25, I set myself a new goal to hit $200k by 28. I still have some time to go and may or may not hit $200k given that I've huge expenses coming up (wedding and housing/reno). But, having this goals helps me to work towards it. - The thing is, I don't force myself to save a fix amount each month because I think I am disciplined enough. I still continue my indulgence of eating good food, going for holidays, and buying stuff I like because I know I have a healthy amount of savings to afford it. It feels good to kn…

I'm thinking of leaving my first job

I'm thinking of leaving my first job.
Looking back, it was a struggle finding my first job. While peers started getting job offers and accepting them one by one, I was still attending interviews waiting for that one offer. 
I only started my job 4 months after my graduation. That also meant I earned 4 months less salaries than some in my life 😛
I still remember my parents worrying if I'd secure a job. I could see it from their faces. I remember feeling disappointed with myself because I wanted to earn my own keep and start giving them allowances. I also remembered that arsehole cousin who said that my degree is worthless which was why I couldn't find a job (but it's ok. I'm probably earning more than her right now).
Somehow, there was this fear that the longer you stay unemployed, the more difficult it is to find a job. But, come to think of it, was that 4 months of unemployment to compensate for the lack of it in the future? After all, now that I've started …