For many of us, ‘save more money’ was a common thing drilled in our heads. But what we may not know is to plan ahead towards FIRE and financial freedom. How late is too late to make changes?

Begin with the end in mind.

What's financial freedom for you?

To some it may be, investment can cover expenses.

So with that aim in mind, work out your expenses first.

When you know what's needed to cover your expenses, start forming the magic number.

IF you think 3k a month is enough, u need 25X the annual figure.

That will be $900k invested in the market

From $900k, work backwards and see what you can invest now.

Always set aside 6-9 months worth of expenses in a high savings deposit account.

Then invest the rest!

Every month from your income, set a high % of your income to dump into that investment.

Jia you!​​​

It is never too late to make changes! Start by doing small actions towards your goal! Compounding is the 8th wonder of the world! Wealth and knowledge only compounds and if you are acquiring the right human capital and assets, time will be your friend and compounding will work its magic! Just start with small actions, perhaps reading an investment related book, or perhaps understanding how markets work in general! There is a lot to learn and sometimes we get overwhelmed by it, but the most important thing is to start! Save with the mindset to invest, but of course have a rainy day fund! Hope it helps!