Saving & Spending
Saving a small amount develops your Wealth Building Character
By Investment Moats  •  June 28, 2015
One of the key discipline that is needed to build wealth over time is delay gratification. I find that this is one commodity that is lacking, judging what some of my wealth building friends told me. The millennials are a bunch that exemplify YOLO (you only live once) mentality. Well I happen to be the oldest millennial around, so it proves that ones perception of a prevailing trend can be rather flawed. I can also cite some Gen Xer who couldn’t delay gratify. If you want to build wealth, you got to start doing the stuff that matter the most to building wealth, paying yourself first and taking actions in life. When we are talking about putting money away, people give up initially when they are trying to make ends meet. They have spent so much that they don’t have much to squeeze out to save. I was ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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