Tag: savings
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I Was Laid Off
In 2011, a few months after signing the sale and purchase agreement (S&P) for my new home, I remember watching the film “Company Men”. The film was about a shipping company going through a downsizing exercise and how it affected the employees. One of the lead characters in the film played by Ben Affleck was…
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Moratorium: Everything I’m Annoyed About It
Good and bad is relative. Since the future is unknown, no one knows how this moratorium will affect us. If I lose my income in these coming months, then this moratorium can be a blessing. However, if I manage to sustain my income, then I may have the “opportunity” to save money but will there…
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Where is my Ferrari?
I’m sure you have come across this Ferrari joke before. Do read it again and have a good laugh. This joke is all about cutting expenses and investing the money to purchase some valuable item in the future. The typical, standard boring guideline anyone from the finance industry will talk about. On face value, the…
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Which Comes First, Savings or Investment?
If your mindset is saving, you will always work for someone and save. Rich people do not focus on saving, they invest. Friend of mine Above quote is from a friend after reading my previous blog post on “How Much to Save?”. Personally, I agree with the statement, but I have a few objections on…
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Savings: Pay Yourself First
March 2007, I officially joined the workforce. At the end of the month, I received my salary and the first thing that popped into my head was, “how can I spend it?”. Back then, I knew very well my fixed expenses were rent, car loan, and petrol. After paying or keeping aside these expenses, I…
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