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An appeal by AK for funds.

Wednesday, December 4, 2013

Regular readers know that I believe in being charitable and I have revealed before that I support 6 charities in Singapore. My favourite charity is still "Singapore Children Society" and has, increasingly, taken the lion share of my donations.

I recently received an appeal letter from another charity which I support and there was a little hand written section which moved me and I would like to share it here with you:


We might feel that what we have is not enough but if we have extra money which we are able to invest with, we are fortunate indeed compared to the poor and the needy.

So, if you have a charity that you like, please make a bigger donation this festive season. Just $10 more will make a big difference if everybody thinks the same way.


If we don't yet have a habit of being charitable, why not start today with a donation to the "Singapore Children Society"? We can make an online donation on their website: here.

Let us bring some cheer to the less fortunate in our midst. We can do it and, so, why not? Thank you.

Related post:
Have money must also have a heart.

Becoming a millionaire next door.

Tuesday, December 3, 2013

A person made $10K a month but spent $9K a month.

A person made $5K a month but spent $2K a month.

Who do you think will become richer faster, all else being equal?





The following chart was posted on my Facebook wall by Matthew Seah:


I am impressed!

Matthew is a "Prodigious accumulator of wealth (PAW)": This type of people are frugal. They save and invest. They become millionaires.





"People sometimes think that high income earners are wealthy people. This might not be true..." STE: The Millionaire Next Door.

Related posts:
1. Think you cannot reduce your spending?
2. A fast track to wealth building.
3. How to tell if you are rich?


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