Personal Finance
First $14K Income In 2022!
By Live Rich Life Free  •  January 1, 2022
I woke up in year 2022 to receive an income of $14.3k in my CPF savings accounts! It certainly feel great to be able to earn money when I sleep. Even though CPF monies do not seem to be like real monies, I believe they are still illiquid monies that can be used to fund our retirement in our late lives, purchase properties, pay for education fees of children and pay medical bills. Here are my CPF interests for 2021: In total, I received this amount of interests from my CPF savings: $14,365.69 This is a 14% increase from $12,592.93 which I received in 2021. The interest of $2.4k earned from Medisave account can easily cover the premiums for Careshield life and Medishield life. In a way, it is possible to enjoy free insurance by using passive income from CPF savings to cover the insurance premiums....
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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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