How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)

Technically not Q1, since we are already almost halfway through 2018. But because of… you know, priorities, I decided to wait for 2 more months before I did a review of my cash flow.

Hey wait, should I call this a trimester update instead of a quarterly one then? :p #randomthoughts Continue reading “How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)”

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2018 Personal Goal Setting and Review

2018 has just started to set in and I told my colleagues yesterday that it feels like nothing much has changed – at work at least. Life still goes on, work still goes on, CPF interest is in, Nikko AM STI ETF went XD two days ago… Yeap pretty much the same…

…except that there’s actually a lot more stuff going on now as compared to the beginning of last year.

2017 to me was a great year, in fact, much greater than what I would have expected myself to achieve. Continue reading “2018 Personal Goal Setting and Review”

2017 Cash Flow Statement

I’ve been reading quite a few annual reports this year and I’ve decided why not put my personal expenses into a cash flow statement. I think now my brain is by default suited to read the language of money as Assets VS Liabilities, Revenue VS Gross Income VS Net Income and Operating/Investing/Financing activities. In fact, I just remembered that I was supposed to continue analyzing Christopher’s Chicken Rice stall and I left out the cash flow statement of his business!

Not cool, Miss Niao. Not cool. Continue reading “2017 Cash Flow Statement”

4 Lessons (and Quotes) About My Investment Journey – 2017 Edition

It has been more than two weeks since I last posted an entry. Apologies for anyone who has been waiting – it has been a long week for me and I couldn’t spare extra time to blog since I have a lot of back log to clear at work. Always so much to deliver, but with limited time on my hands.

As the end of 2017 draws to a close, I have started seeing other finance bloggers posting about their portfolio performance and how their investment journey has been. Continue reading “4 Lessons (and Quotes) About My Investment Journey – 2017 Edition”

Inspiring 26-year-old reader: It’s not important on how much we are given/have. But how we utilize our resources no matter how little, that is far more important.

Earlier this week, I received an email from a reader. This 26-year-old’s story is inspiring, and also led me to contemplate on my own life goals. I sought his permission to share his story here and believe that it would benefit other readers, both long time and new. Continue reading “Inspiring 26-year-old reader: It’s not important on how much we are given/have. But how we utilize our resources no matter how little, that is far more important.”

Women Are Better Prepared for Retirement

Image Source: https://www.cnbc.com

I was randomly scrolling through the CPF website yesterday and found something very interesting. They have recently performed a Trend Analysis of CPF members’ Balances based on Gender, and they did a comparison between the CPF balances of males and females and how the workforce has changed since 2006 till 2016.

If you look at modern society right now, it is not uncommon to find a dual-income household. Gone were the days of stereotypes when the man is assumed to be the sole breadwinner of the family and the woman has to cook and clean. Continue reading “Women Are Better Prepared for Retirement”

Why Setting a Budget is Silly – Here’s a Better Way to Save Money

If you were to ask anyone what’s the best way to save money, it is quite inevitable that the conversation will somehow lead to the word “budget”.

What does budgeting really mean anyway? In my definition, it is to place certain boundaries around different portions of your paycheck to know where the money is all going to. And if you cross those boundaries, it means that you haven’t been disciplined enough to have done what should be best for you.

Imagine yourself going on a diet. Continue reading “Why Setting a Budget is Silly – Here’s a Better Way to Save Money”