Simple Budget, Simple Life

As shared in my previous post , I've hit $300k cash savings before I reach 30.  The achievement is due to a mix of various factors - from being  frugal  to loving to take advantage of deals and promos ranging from saving money from trading at Tiger Brokers (read my beginners' guide) , getting free money  from Google Pay and socash to tapping on bonds or other mechanisms listed here , and knowing what and when to buy  etc.  I know I'm really heavy with cash, and I may not be beating inflation parking them in low-interest savings accounts....so I'm learning to invest more (hence why I set up the Tiger Brokers account  to trade beyond SGX. Will share more again*).  Assuming I have $4k/mth expenses , this amount can tide me through a good 6 years. It sure feels good to have a decent sized cash funds! *See here for the post:  https://simplebudgetsimplelife.blogspot.com/2020/09/pumping-sgd28k-in-sgx-and-hkex-past-10.html

 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

My goal by age 30 was to hit $1,000 passive income per month. Back when I set the goal, I was aiming targeting passive income from stocks alone. But alas, given my inactive stocks monitoring and purchase, it's really tough to hit that passive income. It is impossible at this stage for me to hit that goal, but I'll still work towards it. In any case, I'm 50% there....by counting in interest gained, rebates/cashback and dividends. Since Jan 2020 to Apr 2020, I've been generating good returns. The breakdown is below. Jan $1,485.51 Feb $658.06 Mar $916.53 Apr $789.94 Total $3,850.04 What constitutes those returns you may ask? Taking March 2020 as an example, here's my frank sharing of the various sources of income: 1. Stock Dividends Showing the list of stocks I've in Mar 2020- yup, I'm heavy on REITS. Company Name Symbol Shares Amt CapitaR China Tr SGX:AU8U 5,000 180.5 EC World Reit SGX:BWCU 3,000 45.3 First Reit SGX:AW9U

This year passed by exceptionally fast. So many things happened this year that if I don't keep a blog, I'll probably forget the details of what happened. Key things that happened this year: - Secured my flat in my dream location - Got married - Got promoted 2018 review Here's a recap of what went by in 2018 Jan: Shared my 2017 review, and my net worth at $287k . Also shared about my hopes for 2018 which came true for most! Here's a recap of my 2018 hopes: Receive my promotion this year (likely to happen)  ✅ Receive a good ballot number for my flat  ✅ Enjoy my marriage preparation this year  ✅ Plan for a family getaway for 2019  ✅ Be less stress about work this year (not so optimistic considering the projects lined up for me) Be someone whom others admire and look up to Stay healthy, always Monitor my spendings - no more qoo vouchers to hit min credit spending. Save $50k this year HAHA (praying for good bonuses to make achieving this