Being stingy V.S being frugal

This blog entry is inspired by some of the comments on the Facebook post that made Richmond “famous”. There was a small debate going on about the difference between being stingy and being frugal, and I would like to supplement my point of view to the two concepts.

Let me tell you more about Richmond and his character. I didn’t think there was a full introduction about him in the previous post, because it only mentioned his frugal habits.

Continue reading “Being stingy V.S being frugal”

Are you penny wise but pound foolish?

I refer to this post from Consumerism Commentary about being penny wise but pound foolish. Becoming frugal to me has become a habit in my daily life, but sometimes, there are things that we should not avoid spending on. Otherwise, we might end up having to pay a bigger price for it. I see this happening to some of my own friends, and I would like to share their experiences in my blog to give you a clearer picture of what it means to be penny wise but pound foolish.

Continue reading “Are you penny wise but pound foolish?”

Increasing cash flow for yourself

Asian engineer power yo!!!! :p

The idea of increasing cash flow for yourself is to have multiple streams of income from different places. An interesting point that I would like to highlight is that one of the sources of his income actually comes from credit card points. In Singapore, I guess a more common term that we use would be “rebate”. The reason why I chose to talk about this is because this is something that I think everyone can leverage from. Continue reading “Increasing cash flow for yourself”

The rich man in my office

Today, I’m going to introduce a new person into my blog. Let me do a short introduction about him.

His name is Richmond (concealed his real name for obvious reasons) and he is 42 this year. Ever since I joined the company, he has been my cubicle mate and it would seem that he will continue to be in the same cubicle as me for the rest of my time here. He has been in my company for about 8 years. He holds a senior position. When I first joined my company, I heard from others that he is single. At that point of time, my eyes gleamed with delight as I had a potential friend who was also single that I could introduce to him! Being the typical matchmaking auntie, I decided to prompt him about it.

I’ll never forget how the conversation went. Continue reading “The rich man in my office”