The Mother, appalled by the way I spend my money, yesterday pointed out to me an article in the papers featuring a 30-year-old man who has amassed $250,000 in total assets in just six years of working life. He has even written a book on how he did it.
So I of course go "WOW!" at his ability to amass so much moolah and went on to read to find out more.
After reading the article, I figured I would also be capable of achieving the same feat if only I:
1) Were an engineer. And one at HP to boot (I bet they have fat bonuses). I'm 100% sure that anyone in the engineering field is paid heaps more than I do.
2) Saved 60% of my take-home pay. Saving 30% is considered a feat (have yet to be achieved. eeks.) much less 60%!!! And then I would have to have a lot of luck when it comes to choosing which funds to dump my money in.
3) Ate only at McDonald's and food courts which to him are considered a luxury already. He tells me this after I spent like $100 the day before just on food. He and his girlfriend only go to fast-food eateries, food courts and hawker centres for meals. Wah, this is like torture to me.
4) Played Dungeons & Dragons with my friends as my only form of entertainment. OK, nothing against Dungeons & Dragons or Jails & Phoenixes or whatever, but there's no way I'm giving up my dragonboating, canoeing, concerts, travel, books etc. Sorry, but I don't see any work-life balance there!
5) Had a boyfriend who buys a $218 mp3 player for me and is so thrilled by the gadget that he returns to Sim Lim Square to buy a $48 one for himself. Very sweet. We do need boyfriends like that--splurge on girlfriend then spend so little on himself. Now if only this guy could just release more of his bounty.
Posted by DSD at October 31, 2005 9:03 AMhahahaha!!! funny you.
Posted by: slumbering girl at October 31, 2005 10:30 AMMcDs and food courts a luxury!!?!?!
Posted by: olduvai at October 31, 2005 12:02 PMyah, we both could never date guys like that!
Posted by: dsd at October 31, 2005 12:04 PMhaha. my thoughts exactly.
Posted by: a l at October 31, 2005 12:21 PMJust a point to note, engineers are the only buggers who gets into their job with a higher starting pay but the yearly increment is so measly it makes grown men cry. Saving 60% of his take home pay is a feat but it may also point to the fact that he aint contributing much to his family? So he can have loads of moolah but i bet there aint any life-bank acct balance as u mentioned. =D
Posted by: roblee at November 1, 2005 10:28 AMTo have so much money at his age, maybe he is stingy also lah. Probably account for every 5 cents. Though he is quite lucky to find a girl who is actually willing to share his attitude. Then again, what is the point of having so much money and so little fun!!!
Posted by: fatgirl at November 1, 2005 12:44 PMYeah, what kind of life he got? No travel, no dining, erm.....no travel????
Maybe he rich already to start and the 250k he amassed was just from his working life.
My question is, how did he get a g/f living the geek's life? She must be very patient...
Posted by: Rodney at November 1, 2005 11:54 PMOh, he said that his girlfriend is a very diligent Malaysian girl who shares the same values as he does on money. Probably Singaporean women are too spendthrift for him!
Posted by: dsd at November 2, 2005 9:50 AMI will be interested to know what he intends to do with the money or is he the "penny wise, pound foolish" sort.
Posted by: D W at November 3, 2005 3:12 PM