Personal Finance
Being Frugal???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 17, 2015
British Dictionary definitions for frugal frugal /ˈfruːɡəl/ adjective
  1. practising economy; living without waste; thrifty
  1. not costly; meagre
Sometime, Uncle8888 seriously don't understand the few bloggers who are constantly preaching on this topic: Being frugal to become more wealthy; you are on your way to your financial independence. One of those few quoted examples is this one. Drinking coffee/tea during tea-breaks if your office have formal or informal tea-breaks. Drinking free 3-in-1 or 2-in-1 coffee/tea from your office pantry is being frugal and help to save more money to become more wealthy. Uncle8888 rarely drinks his free 2-in-1 coffee from his office pantry. He walks out of the building to the coffee shop to drink his kopi-O siew dai. So his monthly cost for two kopi-o sessions per working day is about $40. By not saving $40 more per month; he is not being frugal? So what is being fugal?......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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