We might want to ask ourselves a few questions this weekend:
1. Do we pay ourselves first each month?
2. Do we dine at restaurants frequently?
3. Do we delay gratification?
4. Do we have the right insurance?
5. Do we maximise benefits from the CPF?
6. Do we have an adequate emergency fund?
7. Do we keep an eye on credit card debt?
Increasing our earned income is but one step in our quest to become wealthier. We must also be prudent when it comes to spending money.
We absolutely should have proper measures in place to guard against involuntary wealth destruction.
Finally, we have to recognise legal and ethical opportunities to build wealth and capitalise on them.
Here is an inspiring email from a reader:
Dear AK,
I was smiling when I was reading this post (I'm not mad) but was delighted to find out someone had benefited from your ......