Wow S'pore man saved $500K after 20yrs on normal salary- here's how

Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Printable Version

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Wow S'pore man saved $500K after 20yrs on normal salary- here's how - BigBossX - 04-10-2021

https://_bannedsite_full_of_defamatory_content.com/man-saved-500000-in-20-years-with-an-average-salary/

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Cmpunk - 04-10-2021

So what he want to bring out? Don’t invest and just saving ?

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - sgbuffett - 04-10-2021

Okay lah...nothing amazing just keep spending down and hang on tightly to job.

1. Keep spending below $500....I was able to keep it below $300. So doable.

2. Never drive a car....understood lah.

3. Don't get married. Common sense unless one can afford to raise a family pay for medical of family etc. Forget it.

4. Don't buy a home. Either cash rich or asset rich the choice is yours. But guy has HDB which he pays with CPF means he has debt.

5. Spend less on holidays. Feller "waste" 5K a year to "eat air" and entertainment....he could have save $100K more if he did not waste.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Notdumb - 04-10-2021

Damn bloody stupid. Might as well go kill himself. $500k can buy a very good coffin.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - whylah - 04-10-2021

life is really tough lah.
haha, i will choose happiness and health with 3 simple meals a day.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Levin - 04-10-2021

Need to be single to be able to do what he did though.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - SeewhatLook - 04-10-2021

He forget to put everyday make love with with his computer.diy very cheap but routine no kick dull orgasm.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - wulala - 04-10-2021

single, no commitment. 20 yrs save 500K is easy lah. if he has housing loan, children and parent commitment and able to save 500K, he is just average only. nothing to be proud of.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - [[ForeverAlone]] - 04-10-2021

Never go restaurants eat every weekend or so, maybe once a while

Never own car

Never sub what Netflix , cable tv or addition services

Get the lowest plan for Internet and mobile

Daily yea eat simple
Never buy much snack
Don’t play play snack now a days can cost a lot

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - WhatDoYouThink? - 04-10-2021

(04-10-2021, 06:47 PM)sgbuffett Wrote: Okay lah...nothing amazing just keep spending down and hang on tightly to job.

1. Keep spending below $500....I was able to keep it below $300. So doable.

2. Never drive a car....understood lah.

3. Don't get married. Common sense unless one can afford to raise a family pay for medical of family etc. Forget it.

4. Don't buy a home. Either cash rich or asset rich the choice is yours. But guy has HDB which he pays with CPF means he has debt.

5. Spend less on holidays. Feller "waste" 5K a year to "eat air" and entertainment....he could have save $100K more if he did not waste.

huh, yr 230/m now 300/m? spent more on 4d or due to inflation?

but not everybody is as lucky, can stay in parent's house with shops and bus stop downstairs

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - starbugs - 04-10-2021

He did say he spent $5,000 for discretionary items such as travel, so he is not entirely stingy with his life. I think he did very well with a non-graduate salary.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Galilo_l - 04-10-2021

If all live like him many businesses will uplorry?

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Rubitin - 04-10-2021

(04-10-2021, 06:40 PM)Cmpunk Wrote: So what he want to bring out? Don’t invest and just saving ?

Squeezing balls formula. Big Grin

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - abc123 - 05-10-2021

I spent like a drunken sailor but I still managed to 2 millions after 20 years..

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - p1acebo - 05-10-2021

This type of lifestyle, is it even considered worth living? I am glad to have a lifestyle where I don’t need to constantly pause and think of how to spend my money.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Alice Alicia - 05-10-2021

The 500k likely to end up in the hands of the hospitals and doctors.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - keys - 05-10-2021

If he invested, he will get x3 times the money

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - sgbuffett - 05-10-2021

(05-10-2021, 07:33 AM)p1acebo Wrote: This type of lifestyle, is it even considered worth living? I am glad to have a lifestyle where I don’t need to constantly pause and think of how to spend my money.

I think people are completely.mistaken that enjoying pleasure in life like eat good food, stay big house, drive big car and holidaying etc is meaning and purpose of life. They are wrong to think it applies to everyone.

I grew up without yearning for material things because I believe that kind of life is due to brainwashing by advertisement and western influence

To me, a meaningful life is one where you live honestly and spend time to learn things ..none of these cost much money.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - starbugs - 05-10-2021

(05-10-2021, 10:50 AM)sgbuffett Wrote: I think people are completely.mistaken that enjoying pleasure in life like eat good food, stay big house, drive big car and holidaying etc is meaning and purpose of life. They are wrong to think it applies to everyone.

I grew up without yearning for material things because I believe that kind of life is due to brainwashing by advertisement and western influence

To me, a meaningful life is one where you live honestly and spend time to learn things ..none of these cost much money.

Well said. I also don't understand why so many people thinks the guy is not living well. He has his own flat. He spends 5k every year on holidays and what not. Can go Europe holiday every year plus can go BKK every few months to satisfy his little head if he wants to.

All these considering he earns just 3k a month.

Car, condo and children are not necessary to be happy.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - Blin - 05-10-2021

(05-10-2021, 07:33 AM)p1acebo Wrote: This type of lifestyle, is it even considered worth living? I am glad to have a lifestyle where I don’t need to constantly pause and think of how to spend my money.

earn money like sgbuffett spend money like a monk.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - sgbuffett - 05-10-2021

(05-10-2021, 12:40 PM)Blin Wrote: earn money like sgbuffett spend money like a monk.

I think people can do much better at earning money than me.

I don't live like a monk I am just thrifty and not married.

When I was working at fast food saw some people try to start family with low income....I think its a bad idea...The financial pressure and hand to mouth way of living is terrible.

RE: Wow S'pore man saved $500K after 20yrs on normal salary- here's how - WhatDoYouThink? - 05-10-2021

aiya for those hv millions, spending more would help many ppl and the society.

but for those earning 400/m like the peasants in china, they can be happy aso by spending only 230/m.