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Me & My Money: A Love Affair With Property…Is Out Of Reach For Most Of Us
By Singapore's Budget Babe  •  November 9, 2015
This weekend's rendition of Me & My Money in The Straits Times was hugely disappointing, as the main story featured a female tax adviser and her journey in property investing. She is also a self-proclaimed "staunch believer in wealth accumulation and prefers not to dwell on the idea of frugality". Her first move was to buy a high-end condominium and renting it out to expats for regular income. After selling the condo in 2008, right before the property market collapsed, they went on to invest in 4 more condos and 3 landed properties. She and her husband plans to hold on to them for the long term and rely on it for an estimated monthly income of $30,000 to $50,000. It sounds great on paper, but the truth is, how many of us can afford such a similar move? I found it disappointing because Ms. Kylie Luo's story is clearly ......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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