your savings can last you....

• makiko

  22 Jun 05, 10:12

  Originally posted by shinta:

  i was runnin late today.. n i was tinkin, if only i have my own bike..
  
  65cents per day, and... it's wat? 20 min frm my place to orchard

  mine is $1.49 from my hm to my wrk plc
  one day mean $1.49 * 2
• diggo

  22 Jun 05, 10:13

  Originally posted by seancannot:

  Savings - Just sharing my fren case
  
  My fren 35 yrs old has set aside a few type from what he told me
  
  Retrechment saving,Family contingency incase need to hospitalise or funeral ,Future capital investment (set up own business incase retrench),Children Education.
  
  This fren of mine is an accountant so is his wife combined they made 10 K ++ yet they live in a humble fully paid up 4 room flat and dun own a car.. esimated his saving at least 300 K ... he very careful and only allocate a small portion on share investment ...
  
  Frankly, with this kind of wealth I will live it up and buy a nice car to drive rather than squeeze in public transport for 1.5 hour everyday .but he very scrooge ...dun even order drink when go for lunch together he will bring his own water. and he seldom dine at resturant...cos he said waste money .. his TV home appliance also 2nd hand
  
  Guess he is the richest fren I have
  
  

  Prudence. I believe in the same thing... juz tat my wife is not working and I am living off the company now
  
• diggo

  22 Jun 05, 10:15

  Originally posted by seancannot:

  Have to understand his background he is from very poor family .... from primary school he is taking on part time job until ROD he studied part time to get his ACCA ... he been thru days where he has no money for meals at all ...which shape his thrify character ... but must say he is abit extreme though..

  Sound like me... maybe i noe him... same age... did ACCA also
• k4korny

  22 Jun 05, 14:06

  I think Stinginess NOT = Prudence.
  
  There is a certain quality of life that you should be able to comfortably afford with the income you have.. If you live beyond it, you are overspending... if you live way under that level, then u're being a scrooge.
  
  Anyone read "Rich Dad, Poor Dad"?
• Ito_^

  22 Jun 05, 14:13

  Originally posted by k4korny:

  I think Stinginess NOT = Prudence.
  
  There is a certain quality of life that you should be able to comfortably afford with the income you have.. If you live beyond it, you are overspending... if you live way under that level, then u're being a scrooge.
  
  Anyone read "Rich Dad, Poor Dad"?

  i consider buying "Rich Dad, Poor Dad" as overspending, and reading it a waste of my time.
• X-men

  22 Jun 05, 14:17

  What is savings?
  
  I'm just a poor farmer
• dragg

  22 Jun 05, 14:26

  Originally posted by k4korny:

  I think Stinginess NOT = Prudence.
  
  There is a certain quality of life that you should be able to comfortably afford with the income you have.. If you live beyond it, you are overspending... if you live way under that level, then u're being a scrooge.
  
  Anyone read "Rich Dad, Poor Dad"?

  all these books actually tell us things we know but cant achieve.
• shinta

  22 Jun 05, 14:57

  Originally posted by makiko:

  mine is $1.49 from my hm to my wrk plc
  one day mean $1.49 * 2

  i meant the parking fees... transport fees would be 2 bucks *2
• Tuatau

  23 Jun 05, 02:20

  You wish to refer to this thread for further discussion:
  
  http://www.sgforums.com/?action=thread_display&thread_id=132970