Be richer, save money by having yummy and frugal dinners.

Decided to have an early dinner today!

Yes, rice! Healthier than bread, I am sure.

Once the pot came to a boil, I turned off the heat.

20 minutes later, the porridge was ready!

While waiting for the porridge to cook, I had a fruit.
I bought 10 of these for $3.65.

Surprise! Some of you keep saying I don't take enough vegetables.
I hear you loud and clear. I got some vegetables. Washed!

Added some salt to boiling water and gave the greens a hot bath.

Really like the bright green color.
I added some pork floss to make the dish more interesting.

Yummy dinner. Quite cheap too, I am willing to bet.

Related posts:

1. A simple meal.

2. Have an extra $1,200 a year.

3. Be $48,000 to $60,000 richer in 10 years.

Value for money: Rolexes snapped up in Singapore.

"Rolexes flew off the shelves over the weekend after the Swiss franc's surprise appreciation last Thursday sent Singapore's luxury watch enthusiasts on a buying spree before retailers adjust their price tags."
Source: The Straits Times.

Today, a fellow blogger sent me a message:

"I read today that pple are rushing to buy Rolex and other Swiss watches, from a value point do u think it is worth to buy now?"

To be quite honest, the thought of buying a Rolex or two crossed my mind too after reading the news regarding the Swiss Franc last week.

I thought about it a bit more and decided that although the prices of brand new Swiss made watches are certainly going to be higher in future, I would be silly to lock up money in what is a consumption item that is likely to depreciate in value over time even though I might have a margin of safety buying at the pre-adjusted prices. I am very sure, therefore, that it won't be an investment.

Depreciate in value? Don't believe me? Go to shops that sell pre-owned Rolex and other atas Swiss watches to take a look. Most people have relatively short memories but we might want to be reminded that, during bad times, we might even be spoilt for choice in these shops.

Well, it seems that many people disagree with me, going by the newspaper report today. Mr. Market is always right. So, AK is the silly one.

Anyway, my reply:

"Watches are consumption items. We can buy pre-owned Rolex and other Swiss made watches at a fraction of what they would cost brand new.

"I know some people say that luxury watches are investments. Well, I believe that some luxury watches can be investments. These could be highly sought after limited production pieces from very exclusive brands.

"It is not a subject that I have the time or inclination to learn more about. So, I am quite happy to stick to what I know which is that given a choice, I would rather hoard gold and silver than luxury watches."

Since I am not an expert on the subject, I have "invited" an expert to give us his view:

"The Swiss watch market is especially sensitive to economic depressions, and finds itself always having to aim where new money is. This is because high-end wrist watches for the most part are a poor economic investment. You should buy them because you love them, because they are beautiful, and because you want to wear them. Not because you think they will hold or increase in value.

"As a professional talking head on watches I often get asked about investing in watches for profit. The idea that you’ll buy a watch and wait until it increases in value doesn’t made for good sense. Plus, historically it doesn’t happen often even with extremely rare watches. Of course this is not the universally the case, but if I was your investment adviser, I would say stick with watches for wearing not anticipating." Ariel Adams in Forbes. 

Have you bought your Rolex yet?

Related post:
My vintage Rolex.

Saving time, money and my backside but lost face?

In the ongoing saga of the holey backside, I decided to improve the living conditions for my nether regions by addressing the drafty environment through a patch.

Very happy! 

My sister has saved me time and money with her handiwork. 

Thanks, sis!





To be quite honest, one of the things I dislike shopping for the most are pants. 

Very troublesome. 

So, when I find some that I like, I would usually buy at least 2 pairs and hope that they last many years.





A friend who saw my blog post on the hole in my backside couldn't resist giving me a call and he said (not in the exact words):

"OMG! You are the only person I know who actually wears out his clothes to the point of having holes in them! And you actually blog about them? Don't you think it is embarrassing?"

I am so sorry. I didn't know I am supposed to be embarrassed. 





I feel so embarrassed now. 

Thanks for taking the trouble to inform me.
---------------------------
Added on 5 May 2016:

Be frugal! Save money, patch it!

I support the Singapore Police Force's austerity drive (no pun intended)! 





Related posts:
1. An essential habit to becoming richer.
2. What to do when you have a hole in your backside?

We might stay apart but my mom is a big part of my life.

I like noodles. I have been told that they are not as healthy an option compared to rice but that cannot stop me from liking them.

Anyway, I use the healthier version of instant noodles these days, the non-fried instant noodles from KOKA. They are pretty inexpensive actually. They come in transparent plastic packets and don't come with any seasoning at all.

I asked my mom to fry some Ikan Bilis and ginger for me so that I could add them to my noodles for flavour. She gave two full containers to me!

I also have some Ikan Bilis stock cubes with no MSG nor artificial preservatives. They also have less salt than other stock cubes available.

Voila, a simple meal that is filling, flavorful and friendly to my wallet.

Oh, mustn't forget to have a fruit:

Ho, ho, ho! Burp.

My mom did the most difficult part, I believe. I don't like frying stuff. 

Made with a mother's love. Thanks, mom!

As we pursue financial freedom by building passive income streams, it is important to remember a higher purpose for doing this.

Money can always be made but family cannot be replaced.

--------------------
Update (5.35 PM)

Ordered this for breakfast from a "chye perng" store at the market to complement a plate of fried carrot cake. Trying to have more vegetables in my diet after many kind reminders from some readers:

Price: $1.50

Related post:
1. Yummy, yum, yum lunch made with love.
2. Make $3K a month? You could get a 6.6% raise!
3. Passive income: A higher purpose.