08 Jun 2021
Just like a company, there's only 3 levers to "maximise" your networth:
(1) Reduce expenses
(2) Increase income
(3) Invest the difference with a good return
For most people who've just started working, and already living on cai png everyday, there's not much you can do with (1). But the usual places to look are: gym subscriptions, grab/gojek, mobile plan, and NETFLIX, SPOTIFY etc.
If you're just starting out in the workforce, there may not be much you can do with increasing your monthly income from your dayjob. But nothing's stopping you from having a side-gig, a night-gig or a side-hustle. Teach tuition, babysit, freelance coding for someone else all these can increase your monthly income by 1-2k easy.
Lastly, you have to make your money work hard for you. Plenty of articles on seedly for that.
Study hard in school, get good grades, receive scholarships, apply for government sectors jobs and go up the rank quickly. Do volunteer work and join the RC committee. Be capable in both work and social work and hopefully become a management role.
Or start a startup that gets alot of fundings, build it big and fast then aim for buyout or IPO
Or buy lottery tickets
I make videos about interesting stuff at youtube here
Start your investment journey as early as possible in your 20s. I should have started my own investm...
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