06/03/2025
2025 Challenge Series #6 πͺπ»π₯
This challenge is for you to prepare your bullets and deploy them accordingly π―
This challenge is Put Your Money to Work π°
I personally enjoy this challenge because of the excitement of getting the returns from the money invested.
You can explore and learn the opportunities whereby your money can work for you and generate returns. This exploring process will eventually increase your financial literacy πͺπ»
In the end you will be able to make a wise investment decision with calculated risks involved. That would be a smarter approach as compared to investing blindly based on speculations or recommendations by someone else.
The most satisfying part is when you get the returns in the form of dividend, interest or capital gain from your investments. You'll be happy knowing that you have learned something and also earned something ! π
#π°ππππππ³πππ π₯
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21/02/2025
2025 Challenge Series #5 πͺπ»π₯
This challenge is to prepare ahead and be ready for any kind of emergencies in the nearest future.
This fund will give you peace of mind knowing that you are prepared to face any sudden expenses that might come unexpectedly.
This challenge is for you to set aside your Emergency Fund π
Emergency Fund can also be referred as your back up fund which will be helpful in situations like loss of income, medical expenses, car repairs or house repairs.
Recommended value for Emergency Fund is basically 3 to 6 months of your living expenses.
Generally people will be wondering how to face the expenses due to very little or not having any kind of savings. This will be very helpful in times of need like that.
#π°ππππππ³πππ π₯
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20/02/2025
2025 Challenge Series #4 πͺπ»π₯
The fun part of this challenge is identifying and allocating a sum of money to your Don't Care Fund.
Through this fund you are free to spend on anything that you desire/wish to do such as movie outing and fine dining.
Another alternative is you can save this sum monthly for a certain goal such as vacation or new iPhone π΅
This challenge is for you to identify your Disposable Income π«°π»
Disposable Income simply the balance sum left after deducting all your living expenses and monthly commitments.
Completing this challenge will give you the excitement through Don't Care Fund where you are free to spend/save accordingly.
#π°ππππππ³πππ π₯
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19/02/2025
2025 Challenge Series #3 πͺπ»π₯
It's always a great feeling to be able to decide and control our expenses, or is it just me feeling this way? π
This gives a sense of belonging and responsibility towards our hard earned money.
This challenge is for you to identify your Controllable Expenses π«°π»
Controllable Expenses are simply the expenses that you are able to change/stop/start/tweak in your daily life.
Completing this challenge might give you the satisfaction of spending wisely or even being able to start saving more each month.
Time to review back your expenses on food, dining out, movie outing, gym memberships, streaming platform subscriptions. You might be overspending when it can be scaled down π«£
#π°ππππππ³πππ π₯
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18/02/2025
2025 Challenge Series #2 πͺπ»π₯
The best day of the month is usually the salary day! π΅
But the feeling only lasts for a short moment due to our commitments and bills which will already be lined up and due for payment. πΈ
This challenge is for you to identify your Mandatory Expenses π«°π»
Mandatory Expenses are simply the expenses that are unavoidable due to our daily living and lifestyle.
Completing this challenge might bring you to a surprise about the sum of money that you are responsible to be paying every single month.
You can also evaluate by calculating the percentage of your nett income which will be spent on mandatory expenses only. π«£
#π°ππππππ³πππ π₯
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16/02/2025
2025 Challenge Series #1 πͺπ»π₯
Many are stuck in the rat race working daily while waiting for salary day at the end of the month. Only to re-live the same cycle the following month.
This challenge is for you to identify your Nett Income π«°π»
Nett Income simply is the balance left after deducting all your fixed monthly commitments such as EPF, SOCSO & all types of loan repayments.
Completing this challenge will bring you to a realization about the sum of money that you can utilize or spend on other needs and wants.
#π°ππππππ³πππ π₯
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26/06/2024
Half year gone just like that βοΈ
As hard as it seems, we got to accept the fact that we've reached the middle of the year.
This is the right time to evaluate yourself mentally, physically and FINANCIALLY too π
1. Is your income fixed/balanced?
2. What are your current Debts?
3. How is your savings doing?
4. Have you started that investment you've been planning?
5. How is your current investment returns? Satisfied?
Some of the questions to ask yourself before starting JULY 2024 β
π°ππ π»πππ? #πΈππππππ»πππ π₯
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30/05/2024
Fun facts about McDonald's βΌοΈ
- They are a listed company in the share market
- They are not in the F&B industry
- They're actually in real estate industry π€―
Amazing right? So many interesting facts to be discovered once you become an investor and start to study company background & their financials π
Let's switch from Consumer mindset to Investor mindset! πͺπ½
π°ππ π»πππ? #πΈππππππ»πππ π₯
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21/05/2024
Budgeting is not for everyone β
But please just answer this one question : Are you fully aware how much you are EARNING & SPENDING in a month?
If the answer is YES, congrats you're doing great! ππ»
But if the answer is NO, now is a very good time to start drafting your budget for next month.
I have to admit that it's a very tedious process but will be a huge eye-opener for your personal finance.
Would you be interested to look at my budgeting template? Comment "YES" below and I will share the link π²
π°ππ π»πππ? #πΈππππππ»πππ π₯
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20/05/2024
The most boring question π
What's your Financial GOAL?π²
I personally believe this question is very underrated.
The answer for this question actually portrays the mindset and approach of an individual towards money.
It also shows the clarity in their personal finance and how focused they are towards financial freedom.
π°ππ π»πππ? #πΈππππππ»πππ π₯
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29/02/2024
Risky Topic to Discuss π
- What's Your Risk Appetite?
- How much Risk you're willing to take?
- Risk Assessment before Investing
You may have came across these questions during the initial stages of your investing journey.
Most important factor to consider here is your age πͺπ»
If you're younger and have a long investment period, you should be willing to take more risk as time is in your favour. You will have more room to achieve higher growth as well as willing to go through some losses.
However, if you're on the older age group, you should be focusing more on preserving your Wealth and take lesser risk. Time is not really in your favour and you have lesser years to grow your wealth. You should be willing to take minimal losses and make sure capital is preserved.
Next important factor is financial literacy. As what Warren Buffett always says - "You should always know what you're investing in"
Don't invest blindly based on any YouTube or Tiktok video that you watched and promises you huge returns. Do some research, identify the risks involved and make a wise investment decision.
πΈπ‘π ππππ? #πππ§ππ€π₯ππππ π₯
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16/02/2025
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