I prefer to be a well-rounded fighter. It is important to be able to earn well but not being able to save well will cause all the accumulated wealth to leak away. Of course, simply saving the money is not enough as it will be eroded by inflation. From the savings, it should be invested to generate more income. For me, my earnings come from my day job and my investment. I strive to be as good as I can be in my job to get better performance bonus and promotion. On the other hand, I ensure my wealth doesn’t leak away by ensuing that I do not overindulge in unnecessary pleasures. I try to minimise my lifestyle inflation by not taking taxi/grab unnecessarily and not indulging in regular restaurants. It is important to not be a miser too. I still splurge on my wants like travelling and paying for new experiences and food! Life is not just planning for the rainy days or retirement. Life is meant to be lived and enjoyed too!Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
