Career & Education
Being An Employee Will Never Make You Rich
By Singapore's Budget Babe  •  July 21, 2015
Some of you might have seen the article "Highly trained, middle-aged and out of work" yesterday. A friend sent me the link while I was backstage preparing for my performance, so I only managed to read it today. What really stood out for me was the fact that a former GM (who earned $15,000 a month) and a former Head of Asia Sales (earning over $25,000 monthly) were unable to find jobs that would pay them the same which they used to draw at the peak of their careers. Presuming you earn $25,000 a month, you would have $1 million after working for slightly over 3 years. Even if you save only 25% of your income, that's still a lot of money! However, the problem, as BullytheBear rightfully pointed out, is that for many people, higher earnings also leads to higher expenditures. I've personally experienced this myself as well. For ......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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