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Increase your income, not cut your expenses is the way to become rich
By Singaporean Talks Money  •  August 13, 2019
I do agree to this statement, 'Increase your income, not cut your expenses is the way to become rich. This is especially so when I started work and am able to earn my own money to invest.

The accumulation of money from my income monthly is really slow. I have to wait for pretty much at least half to a year before I can really go on a buy action.

Read more: I thought I will get rich once I start work + Updates on my life 

This means that on multiple occasions, I was not able to execute my buy orders even though the price might be right as I need to build up my my emergency fund first.


Also recently I want to make sure my commission charges are fully justified.

For DBS Vickers, the cash upfront account has a commission rate of 0.12%, min 10 SGD. This means that to maximise

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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
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