I am an average sinkie. I don't own a car. HDB fully paid. I don't have credit cards. I have cash and I am happy. Cos I am debt free.

[mooseolly]

Good for you.

 

[HeadQuarters]

Why TS needs to come EDMW to find affirmation one

 

[blahblahsheep]

u rich, u heypi can liao.
ask u ah, u take bus, pay full amount......no rebate....

 

[Libbis]

Keep changing cars. Lose few hundred Ks.. greatest mistake.

 

[ProLogic]

Mid 30s

He ish mid 30s and have fully paid HDB? Must be married and both high income or his income very high. Jin jelly leh.

 

[middleclass]

You sure during retirement can still stand? Jiken is enjoy it when you young la

When young I am so handsome, fit, tall, that I don't need to order cheekon. Many girls just throw themselves at me.

 

[middleclass]

And dine at DTF

It's true. I am average Singaporean.

 

[middleclass]

That’s w

That’s wrong priority

Old already, what else is there to lose?

 

[Vulpix]

I don't understand this fear of credit cards in edmw.

 

[Firstclass1188]

I can't imagine a life where you have never lived in private property, owned a car, have credit cards and have the means to pay and be debt free.....TS is not the average Singaporean but a low SES one with low goals in life, when you set the goal post low, you are definitely able to clear it....but what a loser lifestyle.

 

[Forever84]

I don't understand this fear of credit cards in edmw.

People with poor money management skills will need to fear credit card

 

[Vulpix]

People with poor money management skills will need to fear credit card

But how is it that hard siah. Don't spend beyond your means is the rule I follow, no complex Excel sheets, and I've been able to get thousands in rebates.

 

[ZhouXingXing]

debt free good for u but hope u can remain all the way lor

 

[thretiredDad]

This kind of portfolio also can retire ah? knn people million dollar pot also still working le

He really hates working

 

[thretiredDad]

But how is it that hard siah. Don't spend beyond your means is the rule I follow, no complex Excel sheets, and I've been able to get thousands in rebates.

credit card is good debt if you know how to use it

 

[Mr Duck]

Can sell your house migrate to Thailand withdraw all your cpf to cash. Buy a house there and keep an elephant there also can.

 

[thretiredDad]

Can sell your house migrate to Thailand withdraw all your cpf to cash. Buy a house there and keep an elephant there also can.

Why Thailand?
have you ask your wife and children?
your children learn thai?
study international school In thai?

 

[pigpigoink]

congratulations for having a happy life


Read HWZ Forum Rules!

 

[hound297]

I know a bbfa in his mid 30
Accumulated a $300,000 portfolio
with annual dividend of 3.5%
control his spending to $500 each month
And proudly declared he has retired

That works to a payout of 10500 per year which is too 寒酸 for me.
Really need to clap for him.

I need at least $15k.
$1k per month = $12k per year.
Left over $3k year on year accumulutive fund for non-routine expenditure e.g. pc spoil, handphone spoil, running shoes worn out, clothes thorn (especially those ippt tag pins keep poking holes in my clothes) and maybe 1 trip to Japan every 3 years.

 

[WifeEnjoyer]

When I was young I also suka suka spend money accumulate debt like to fake it till make it, now feeling the pinch because of all the impulse decisions made in the past. Do I regret it? No. Did I learn from it? Yes. So long as conscience clear, at night can sleep good eat good you don't need worry too much about anything else.