$3K salary a month but saving $16K this year!

Hello AK,

How are you? One year ago i've start following your blog and chatting with you via FB as well. I got so much things to share and update you. After completed my private degree, i have changed a job and income increased from 2.4k to 3k.

Some of my friends are still earning more than me. i was so stressful to keep up with the market and expenses. But thanks to AK's Blog, everything is under control.

Well, i have been doing my financial planning constantly for the past one year. i set my own personal goals. Firstly, i have already got all the necessary insurance covered and building my Emergency Fund, transferring all my OA to SA, note down all my extra expense every month and everything is keep track down BLACK and White in EXCEL.

Like i said, i feel my full time job 3k is so insufficient, hence be like AK, do more part time job. i took up part time job working in the Gym. As my Full time belongs to shift work, i try to slot myself whenever i can to earn extra cash.

All my friends asked, "Not tired meh?". Of course my respond was, "Its Damn tiring, Dying!". I have reduced free time to hang out with friends for movie and stuff. But well, i start saving even more.

I re-contract latest Iphone 7 and sell away for extra $800 cash into my pocket. I went to keep fit and train for my 2.4km run and take ippt for extra $500 cash into my pocket. I have completed half of my NS ICT milestone and rewarded with $3k CPF OA and $2k MA. Happy!

So after talking so long, what did i gain from 2016 to 2017? I attached my CPF statement for your reference. I realised the 4% interest in SA is IMPT when i've WITNESS and received what Government is rewarding us.

A, B, C, D, E! Wow, more than AK!
He is enjoying an interest rate of 5% per annum for his CPF savings too!

Additionally, now i have 10k saving in my OCBC saving account. i know it's still so little but i challenge myself to target hit 26k by end of Dec 2017.  i shared with my friends and they thought i must be CRAZY. Earn 3k monthly, after cpf 2.4k, how to save 16k within 12 months?

Don't worry, i got my plans. I will update you next year on this. And i will start planning investment on REITs next year once i fulfil my E-fund of 26k.

Lastly, Wishing you good health and a Happy Chinese New Year ahead. AK
Warmest Regards
S

This young man emanates positive energy and determination. I won't be surprised if he ends up saving more than $16K this year!

恭喜发财

Related posts:
1. Filial son working hard.
2. First step to becoming richer.
3. Be a wealthy and happy peasant.

2017 Chinese New Year lucky 4D.

Watch this one! Very funny one! Don't watch will ai one one!

Once again, I peer into my mental bowling ball. Eh, you don't know my bowling ball thinks it is a crystal ball? It is mental. 

I am not mental, I tell you. My bowling ball is the one that is mental. You believe me? OK, you must be new to my blog.

Now, seriously, there was a year when my bowling ball coughed up 4 numbers and some readers had a windfall. 

Which year was that? I cannot remember. Maybe, somebody will tell us.

What about this year? 

You asking me? 

If I say not to ask me what the stock market is going to be like tomorrow, what can I tell you about the 4D results tomorrow? 

You must be mental. Ahem.

Cough. 8.

Cough. 9.

Cough. 6.

Cough. 3.

That was my bowling ball coughing. Not me. Ahem.

QAF shareholders must watch the following video. If you are not a QAF shareholder, watch also lah. Maybe, you become shareholder leh. Ahem.

May the Year of the Chicken Phoenix bring good luck to everyone! Huat ah!
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Added 10.33 PM (29 Jan 17)

HUAT AH! HUAT AH! HUAT AH!

财神到!! 财神到!! 
好心得好报!! 
恭喜发财!!
Related post:
Good luck and good fortune!