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)”

To study and stop working – Cost of living in Singapore

I have a friend who is contemplating to go back to school after being in the workforce for some time. She had a few concerns, one particularly related to money management. Her degree is going to be a three year long study period and therefore would significantly impact her finances.

Over the weekend, we sat down together with another friend to go through her personal cash flow. The list looked something like this: Continue reading “To study and stop working – Cost of living in Singapore”

My monthly cash flow statement – How I save more than 50% of my take home pay

I have been having a few conversations with my friends lately on how much they save on general every month. It seems like it’s difficult for many of them to save as much as they want to on a monthly basis and they don’t keep track of their expenses. I even have a friend who has an unique ability to spend her entire pay in 3 days after it is credited! On an overall average, they save around 10% to 30% of their take home pay. Very financially savvy ones would be able to save up to 80%, but that also depends because they might be earning a higher income as compared to me.

When I tell some of them that I save more than 50% of my take home pay, I see their facial expressions turn into shock or surprise. Then, the next question would be

“How do you do it?!” Continue reading “My monthly cash flow statement – How I save more than 50% of my take home pay”

My lemonade stands

Having no background or knowledge in anything remotely close to the word “Finance”, it has never really stopped me from wanting to learn more about it. With the internet so heavily integrated into our daily lives, it is not difficult to learn an entirely new topic from scratch.

YouTube has always served as a powerful tool for me to gain knowledge. The above video was something that I have watched over the weekend and I am sure that it would be useful to beginners who want to know more about Fundamental Analysis. It was an engaging 44 minutes and I highly encourage anyone who is a literate idiot to finance, investing, or how a business operates to watch it.

This is what I’ve personally learnt from the video. Continue reading “My lemonade stands”