Getting Out Of The Comfort Zone For Better Financial Health

Humans are strange creatures, many of us have different personalities and interests but one thing we all like is this thing called comfort zone. This sets the baseline for our life. The thing about comfort zone is everyone's zone is different. This is what makes it so interesting and how we can make use of this knowledge to have a better financial health. We often hear the phrase "you need to … [Read more...]

My fatherhood journey – Part 1


2017 is such a significant year for me. There are different stages in one’s life and this year is going to be one of the biggest milestone in my life because I’m a father now! My baby was born on the 31st of Jan 2017, same as B's baby. I thought it’ll be interesting to hear about the birth of the baby from the father’s perspective, so I’ll share it here. I will talk about the financial cost of the … [Read more...]

The benefits of being a wee bit sceptical in believing others


I am convinced that my brain does a poor job of separating truth from fiction.  This leads to many false beliefs.  Therefore, I want to make at least a minimal effort to understand my brain better and be on guard against its deceptive ways. Part of that minimal effort is to read stuff on and about that approximately 1.4-kilogram lump of electrophysiological goo that I am a proud owner of (most … [Read more...]

Random thoughts: meeting friends not seen almost over 2 decades

My college friends, to be precise.   We meet up during the CNY holidays but did not have enough. One of them is based in China, so we had a Friday lunch together. 5 hours just fly by.   I have wanted to write a post on my student's life. It is like my FI dream come true. But decided against publishing it. I wouldn't be able to meet them for lunch if I am not a student. A student life is … [Read more...]

Random thoughts: Visual metaphor for self-awareness

During my course, there is this module on coaching. And my trainer causally remarked that when she was the principal, she actually ask the teachers to think of a metaphor for their school vision. I did the same for myself and realized a few things. 1) The first image that come to your mind reflect the state of current affairs. U have to be honest and not analyze too much. Just think of … [Read more...]

Chinese New Year as Life Audit.


Today is the 7th day of Chinese New Year and I would to talk about family visits between relatives. Exchanging notes with my younger classmates, the culture of probing relatives who ask about school performance and marital status is currently alive and well in Chinese New Year and it has created a considerable amount of angst amongst Singaporean Chinese, particularly unmarried women. The … [Read more...]

2017 Theme – Storytelling


A month has already gone by in 2017. We are left with 11 months to achieve what we have set out to achieve for the year. How many of us are still keeping to our new year’s resolutions?  What’s your theme for the year? Mine isn’t about losing weight or having a 5.0 GPA in school, but it’s about expanding my comfort zone. If I do this year after year, how big will my comfort zone be in 20 … [Read more...]

What is the Post-Secondary Education Account?

After Foolish Chameleon's comment at my last post, it made me realize that public awareness of the Post-Secondary Education Account (PSEA) is abysmal. In fact, I did not know about the PSEA until around 2 years ago. Back then, I was searching for short academic programmes to take and PSEA was one out of many payment options I could use to fund my education. So what exactly is PSEA? Where did … [Read more...]

Channel 8 Rant : Why be a Good man when you can be a Great man !


A Happy New Year to all the readers of this blog. I've been silent this new year prior to writing this article because I don't really have any mind-blowing content today having initially wanted to talk about elitism, hubris and exclusivity of law schools but that's only useful for a small segment of my readership and not really consistent with the festive mood this week. And then, a couple … [Read more...]

Marginal utility of Time vs Money

I'm always fascinated by my earlier 'miserly' behaviour, like how I used rusty shavers to save some money or how I worked like crazy to save my first 50k until I get so burnt out. I framed it as a growth mindset, where I grew bigger than my problems, hence it's not that my problems became smaller and therefore manageable, but rather I grew bigger, so the problems no longer affect me that … [Read more...]

Mere-exposure effect

The time has come again. It’s that time of the year when families gather for reunion dinners, when extended families from far-flung corners of Singapore meet in one central place for the annual “oh-how-have-you-been – when-are-you-getting-married – have-you-gained-some-weight – conversations”. Those events usually never pass without the obligatory gather-everyone-in-one-shot photo taking … [Read more...]

Developing your growth mindset

In response to my previous article “Surbana terminated 50 staff”, one reader blasted me for writing a disguised advertorial promoting my partner’s See How I Tradelearning program. I was a bit disappointed because my intention of writing that article was actually to encourage readers to develop a growth mindset. If you are interested in developing your potential, please do read on. The term … [Read more...]

Modern trends in self-help and personal improvement

I started reading self-help books sometime during my JC years, quite a while before Robert Kiyosaki incited me to really take possession of my personal financial destiny. The self-help fare in those days are divided along the lines of the personality ethic books by Dale Carnegie and the character ethic books championed by Stephen Covey. Along the way, Anthony Robbins became a huge motivational … [Read more...]

Can we stop using XIRR to mean annualised return?

First, the last thing I would claim would be to an England grammar vigilante. Second, I would never dare challenge anyone on math or business finance calculations. Not when the max I can count using all my fingers and toes looking down is 21. But XIRR? Really? If you have never studied business finance subjects - you've an Arts or Science background - its excusable you use XIRR as a … [Read more...]

Luckily I am so lucky


Chatting with one of you the other day over a kopi C (that’s coffee with evaporated milk for my dear non-Singaporean readers) made me realize that you might have gained the wrong perception of me. You might believe that due to my heavy weightage of posts on investing and our biggest flaw in investing (our emotional brain) I might be somehow skilled in finding lucrative investments. Sorry to … [Read more...]

Tools for Titans #44 : The best way to predict the future is to create it.

Peter Diamandis has been named one of the World's 50 greatest leaders by Forbes Magazine. He is interested in space travel and human longevity. This is a good, solid section that is full of visionary ideas. a) A problem is a terrible thing to waste This simple idea exhorts us to cherish the problems that we discover at work because if this problem is novel enough, it can lead to the … [Read more...]

Be a wealthy and happy peasant.

"Singapore is one of the world's most unhappy nations?"  Sir Stamford Waffles Jr. Jr. "AK talks about how we should make more money, save more money and try to be financially free. AK makes sense. I am trying my hardest to be like him. Must have $150K in annual passive income and $700K in CPF account by age 45." Alamak! AK didn't say to be like him! Mai luan luan gong hor. I always say I … [Read more...]

Money Is A Story….


Seth Godin I am currently in the midst of reading a gigantic book called "Tools Of Titans" (from Tim Ferriss, the famous author that brought us 4-hour workweek in 2007).  Effectively, it is a compilation of key takeaways from his previous interviews/podcasts with the hundreds of successful heavyweights over the world, including Tony Robbins, Arnold Schwarzenegger, Seth Godin, Jamie Foxx, … [Read more...]

Is it a dream or a goal?

I was reading Tim Ferriss tome "Tools of Titans " and finding little nuggets of information here and there. It was such a great education reading about psychedelics, strength training and ketosis - things that I don't read about in general. This one by the famed wrestler Triple H stood out: Is it a dream or a goal? A dream is something you fantasize about that will probably not happen. You can … [Read more...]

How To Achieve Financial Goals In 2017

In keeping with the start of the year, Heartland Boy decided to set some financial goals in 2017. He believes in a dual pronged approach of growing both his income and minimizing his expenses. He truly identifies with the article written by Cheerful Egg, and would like to set in place several systems to achieve his financial goals in 2017. To achieve his financial goals, he intends to both grow … [Read more...]