Success is what we have to sacrifice to achieve it.
Hold on to this thought as I share with you this story about my colleague. I think their story can be a good counterbalance to financial bloggers and readers who think (and plan) too much.
Husband and wife in their early 30s.
Combined household income around $6K per month.
One is a technician, the other in retail sales like me.
Both non-graduates. Nope. Not even A’ levels or Poly.
They are now living in a landed property, and have a car.
No, they never invested, start a business, or embarked on any financial freedom journey.
So how did they do it?
Both got married early.
Bought their HDB 4 room flat before prices went ballistic.
Rented out the whole flat.
With the rental income in Sing dollars, they in turn rent their landed property in JB near the 2nd link with Ringgit dollars. That area is fast becoming Little Singapore.
Not those huge Bukit Timah or Katong houses mind you.
More like those quaint SIT/HDB landed terrace houses that lined Commonwealth Avenue, or similar to those 70s private landed houses that lined the Macpherson road area.
But still, they have small garden in front and a yard at the back, plus space …read more