An article on Property investor scores a home run which features “me & my money” was published yesterday on The Sunday Times invest section. You may be interested to read a longer version of my answers to the standard questions. Read the unpublished additional details highlighted in italics.
Q: Are you a spender or saver?
I am a compulsive saver.
During my years of investing in properties, I saved 70 to 80 per cent of my monthly salary so that I could pay the down payment on my next property earlier.
With passive income from my rental properties, I could save 100 per cent of my pay cheque.
Nonetheless, I believe in using money to help people in need in the right place and at the right time. That is when you see the real value of money.
Q: On average, how much do you charge to your credit cards ......