Frugality can only get you to half the financial independence( FIRE) journey. You need to earn and make money to build wealth!
“It is not the man who has too little, but the man who craves more, that is poor.”Seneca The year 2020 almost comes to an end and I have been reading many books about life and investment for the last 6 months. The last 6 months were the most incredible… Continue Reading
OK, I made some changes in September 2020, I have switched the mobile package from Maxis to U-mobile. Yes, I finally gave up on Maxis after 25 years. By switching, I save about MYR 50 per month, that translates to MYR600 per year. So far I have no complaint about… Continue Reading
Yes, I am still saving as usual towards my financial independence. People hate saving! We were born and taught in school to consume and buy stuff to satisfy our desires. ‘Work like a doctor and live like a monk!’ is my motto! I work hard and I have very few… Continue Reading
The moment you stop learning is the moment you stop growing! With ever-increasing stresses at work and dissatisfaction and burnout over long hours, it is not surprising that more and more physicians are quitting medicine. Making money from practicing medicine is hard. As a doctor, you shouldn’t give up the… Continue Reading
I have decided not to list down my passive income in this blog due to various reasons. However, I am still very happy to share my expenditure here. Maximizing your income is part and parcel toward financial independence. I am trying to increase my passive income by doing a few… Continue Reading
Life just came back to usual in June 2020. Malaysia started its RMCO ( Recovery Movement Control Order) from 10 June 2020 and economic activities are slowly coming back. Hospital activities started to pick up and my clinic patient load was still about 50-60% of the usual. Thankfully, I was… Continue Reading
“Risk comes from not knowing what you are doing.” Warren Buffet Taking risks in life is necessary. Be it in investing in the stock market, driving a car on the road, taking your regular medications, or getting married to a woman you love. The safest way to keep your money… Continue Reading
Malaysians and Singaporeans love cars! The very first thing a working adult in Malaysia wishes to buy is a car. There are various reasons you think you need a car, making your commute between home and workplace more convenience, driving a car is safer than riding a motorcycle in Malaysia… Continue Reading
“You must gain control over your money or the lack of it will forever control you.” —Dave Ramsey OK, if you want to get rich in Malaysia and Singapore, a lot of us believe that, you need to know ‘who’ in Malaysia and know ‘how’ in Singapore. Knowing ‘who’ is… Continue Reading
I decided to put up my monthly financial update (expenditure and passive income) in this blog. Updating my monthly financial regularly here helps me to streamline my expenditure and of course reminds me how to be frugal. Saving 70-80% of my income is my monthly target and I invest almost… Continue Reading
