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Eschew the too-good-to-be-true carrot
By Unintelligent Nerd  •  September 12, 2017
This post is inspired by one of Uncle CW's post (see here). In that post, Uncle CW highlighted that one of his friends (presumably holding a management post) has a subordinate whose mother-in-law paid for their HDB in cash.

Uncle CW then remarked to his friend that he/she should not push his/her subordinate too hard at work as he could quit anytime.

How true is this! Heavy financial commitments such as monthly mortgage payments are a good deterrent against worker bees from leaving their hives.

This reminded me of a conversation I had with one of my group mates from the Specialist Diploma programme I took. Halfway through the programme, she left her job for supposedly greener pastures. One of the main pulls, of course, was the great remuneration package. A couple of months into the job, she was dead exhausted. She had to work till the wee hours of the night, be

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By Unintelligent Nerd
A nerd's take on personal finance and investment.
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