Frugality is the quality of being frugal, sparing,prudent or economical in the consumption of consumable resources such as food, time or money, and avoiding waste, lavishness or extravagance.
The tragedy of life doesn’t lie in not reaching your goal. The tragedy lies in having no goal to reach- Benjamin Mays Some readers ask me via emails what plan do I have after retirement since I am so obsessed about early retirement. How do I plan to spend all… Continue Reading
“Become a millionaire not for the million dollars, but for what it will make of you to achieve it.”― Jim Rohn I was once asked by a reader through email that since my strategy was so simple, does it mean everyone in this world can retire a millionaire? The answer is… 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
You can’t get rich overnight. Financial independence is a long winding road that needs discipline and patience. Can you get rich overnight? You probably can but the chances are very slim. It is more likely for you to be struck by lightning than getting rich overnight. Almost everyone in this… Continue Reading
” Doctor, you make a lot of money!” these are the common words patients say to me during my daily clinic consultation. Doctors are making good money by charging high fees! That the impression patients have on doctors! Is it true? I joined a private practice in 2012 after working… 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
“There is a gigantic difference between earning a great deal of money and being rich.” —Marlene Dietrich Earning and saving money are both important steps to achieving your financial independence. Which is more important- earning or saving money? Saving Money is More Powerful Saving money is much more powerful than… Continue Reading
“Always focus on the front windshield and not the review mirror.”― Colin Powell Car ownership is the second common mistake people make during their early working career ! Owning a new car in Malaysia is a wasteful obsession every Malaysian has! Owning a New Car in Malaysia is a Mistake… Continue Reading
