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Net Worth Update Feb 2021
By Live Rich Life Free  •  February 16, 2021
My net worth remains fairly stagnant at $1.048m compared to last month, despite savings and CPF contributions amounting to more than $8k this month. This is due to weakening of share prices of the local Reits in my portfolio. I have completed the $7k RSTU scheme for my CPF Special Account. Next up, I intend to top up my SRS account. I just listened the Budget 2021 which reported a -$64.9B deficit for FY2020 in Singapore. The Budget is more business and pro-enterprise to save jobs in times of a health pandemic and also provides a strong social net to help out the low income and vulnerable folks in the society. There are not much benefits for the middle class other than the usual Town Council service & conservancy charges, utilities rebates, top ups to children education accounts on top of a meagre $100 CDC vouchers for use in neighbourhood shops....
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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