money talks!

The 2 hardest things for people to do,

1. is to quit overspending.

2. is to quit over saving.

The reason i highlight this 2 points is that, who doesn't want to be financially well off in our capitalistic world today?

But every month, if your income is higher or equal to or just slightly less than your expenses,
the fact is that you will never become rich, or worse, you are in debt.
Because of your mortgage loans or car loans and even credit cards loans.

Mortgage comes from the old french word for "dead pledge".
or put it across in layman's term, an engagement till death.

If you don't believe me, just ask around those newly married couple who just brought their first home, how many years of mortgage loans did they take up?

Some took up to 30 years of repayment periods because of the low monthly installment, they spend their whole working life paying the bank first.

It is true like once they sell away the house, they will make a "profit" and most of the time, property in our country will goes up in prices because of limited land space.

And there's another group of people,

what i like to call the over savers.

It comes from a teaching from one of my lecturer who says that in our lifetime, with a degree in singapore, $1,500,000 - $3,000,000 will pass through your hands in your life time, but how much of them will you be able to retain?

These over savers are usually quite sought after in their own field and is doing quite well.

And they choose to be wealthy by saving as much as possible, finding the cheapest meals and shopping during sales and always wanting to find the best bargains.

As written in rich dad poor dad,

you can become rich or even millionaire by being cheap, but when you are a millionaire, you are still a cheap millionaire.

The only reason why people today wants to earn more money and become richer is simply because they desire to have a better lifestyle for themselves and their family, so by being cheap, it totally defeat the purpose of being rich.

With the same amount of regular savings, and educating yourself a little bit more about money, you might be surprise at the outcome other than the interests that banks are offering you, ultimately, helping you to achieve what you wants.

That's is the kind of lifestyle which you only dares to dream, but now, is within your reach, if only you learn to educate yourself a little bit more.