There are no two ways about it - you need capital (I call it a Goose Account) to grow more money. I have listed down ways to keep expenses low and save more. But frankly, savings alone is not enough. In this post, I will share how my husband and I increased our financial "war-chest" through other means. You may not be able to replicate the exact actions but I feel it's good to understand the "thought processes" we went through. This is because some of the decisions were not easy ones at the point of time. In a way, we took a "gamble" and only on hindsight did they prove to help build up our capital reserves significantly…
In our early twenties, as a couple, we bought the the biggest HDB flat we could afford at a very remote (read "Ulu") area. It was an Executive Maisonette in ......