Good long weekend due to the Hari Raya Puasa. More time to catch up with things that needs to get done. I went to Hao’s place over the weekend to check out again his home theatre.
Must say that the theatre complete with screens, projector and sound system makes watching movie at his place better than going to the cinema!
that makes me reflect on the current economic situation we are in and more prove that majority of the middle income seems to be pretty unaffected by the recession, if there ever was one.
Any way, I saw this flow chart off Get Rich Slowly and think its a pretty good decision making model to decide if you should plonk money to buy certain stuff. The key for this flow chart is not to get into debts but also decide if your purchase is a need or a want.
Then again alot of folks seem to consider certain wants as needs. Such is the denial in a person can extend to.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend. All opinions on Investment Moats are his own and does not represent the views of Providend.
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