5 Million Dollars. 10 Years. This is the story of my journey.
Go to any forums or blogs about salary, wealth building, or personal finance, and I can almost guarantee that you’ll see people with this “either/or” mentality making comments like these: “He might be rich, but he may not be happy.” “What’s the use of having a lot of money if you have no life?” “I [...]
CNBC reported a few days ago that in the U.S.: “Some 21 percent of those with salaries of $100,000 or more say they are living paycheck to paycheck, according to a recent survey conducted by CareerBuilder.com.” Amazing isn’t it? I still remember when I broke the S$100k p.a. for the first time. [...]
NetworthIQ is fantastic! It lets you keep track of your net worth, and compare it with the net worth of people from similar education background, age group, income bracket, and so many other things. I wish I had found this site before I wrote this post and this page, which, in retrospect, aren’t really accurate. After [...]
… asked a friend of mine when I told her about this project. My answer was, “Huh?” I don’t get the way some people treat money. Especially her, considering that her Dad is a business tycoon. I would’ve expected somebody growing in an opulent household like her to have a more positive attitude towards money, [...]
You know what they say about goals. They have to be SMARTER. So here’s the SMARTERified version of this goal! Specific: I want to build a net worth of 5 million dollars, within a decade. Measurable: The objective is achieved when I have built a net worth of 5 million dollars. That translates to about [...]