Simple Budget, Simple Life

I started prepping this post at the start of Dec. My initial draft indicated that I reached $700k net worth. As the clock strikes 31 Dec 2021, despite my pay coming in, I've not reached this figure.  I probably jinx myself by drafting too early. Back in early Nov, my net-worth was at $690k. I thought I would make it to $700k soon! Alas, my net-worth fell due to lacklustre performance of my stocks and crypto. The only avenue that is growing is my CPF (thanks govt). If I had held cash massively like what I did in the past, maybe I'd have hit $700k net worth soon 😅 Here's a recap over the years: 2016 -  Unexpected review of 2016: hitting $200k in net worth 2017 -  End 2017 review - net worth at $287k 2018 -  End 2018 review - net worth at $372k  2019 -  End 2019 Review - inching close to $500k net worth  (~$440k) 2020 - End 2020 Review - net worth at $550k Targets review: These were what I set out for 2021:  Aim to achieve $650k net worth in 20...

I've earlier shared that I finally set up my SRS with DBS bank and l ater registered for an account with Endowus. These were the rewards I'm expected to receive: 1. DBS Bank - $100 - $50 cash to open SRS with DBS and contribute $10,000 - another $50 cash by investing $10,001 I've not gotten the cash rewards as T&Cs indicated "The Cash Gift will be credited by 28 February 2022" 2. Endowus - $20 - $20 referral credit You can refer to my registration guide here . Earlier, I signed up using someone's link for only $20 referral credit.  Today, Endowus released a limited-time referral bonus of $40 up till 31 Dec 2021 . You can refer to the T&Cs here.   If you wish to withdraw your money from your SRS account at 62 years old, the best time is to sign up for your SRS and make your first contribution by 31 Dec 2021. 22 days left to 2022! Referral If you are keen to embark on Endowus using your  SRS, CPF OA or even cash , you may wish to use my link to  enjoy...

Back in late Aug 2021, I shared about my SGD$100 experiment into CakeDefi . I was lured by the attractive % and also wanted to venture further beyond the usual BTC, ETH buys. 3 weeks later, I provided an update here. Now that it's been 3 months+, here's how my gamble went: Here are my thoughts: The Yay 👍 My entry price was at SGD$3.90. With the price at SGD$6.35 now, coupled with the interest generated + US$30 referral reward earlier, I'm sitting on SGD$470.41 gain The Boos 👎 I don't wish to paint the pic that I'm always sitting on paper gains. DFI coins is VOLATILE - I have not been monitoring this SGD$100 gamble much, but the few times I glanced at the DFI coin, it was a laggard compared to other coins. However, it is interesting that despite the BTC drop of 20% yesterday, DFI coin has held itself well. APY% has been dropping. It started with 88.9% in Aug, to 73.6% in Sep, to 41.9% today. I haven't been monitoring the rate daily but it's great that I s...