Salary.sg Forums - View Single Post - How much savings do you have?
View Single Post
  #1002 (permalink)  
Old 28-10-2015, 01:04 PM
Unregistered
Guest
 
Posts: n/a
Default

You can. Here's how

1. Do not own a car
2. Do not employ a maid
3. Do not eat at expensive restaurants
4. Do not buy branded goods
5. Do not smoke
6. Do not drink
7. Do not womanize
8. Do not go partying
9. Buy cheap 3 room BTO flat
10. Spend your free time at home with family.


Quote:
Originally Posted by Young Uni Adult View Post
How do you guys saved & banked so hard?

23 this year
Savings: 1K+
Stocks: 1.2K
Business: 20K per year

How the heck is it even possible to attain 1M by age 30 even with dual incomes? Breakdown: Couple earning 150K per year saving half of 75K for 5-6 years won't touch 85% of 1M?

Very demoralizing and quite sad for myself

Note: I don't compete with anyone but it seems that inflationary pressures & social spending are rising due to increasing numbers of millionaires - get real with my life and start to become a miser??


Reply With Quote