Why this person earns $12500/month but is miserable and wanted to die

My friends shared this article and I wanted to discuss this case study with you.

So according to the article, he earns $12500/month and he says:

  1. he lives paycheck to paycheck as there are lots of things to pay for
  2. when compared to his school mates, he’s doing well but in the tech industry, he’s at the lower end
  3. he thinks most jobs are going to be the same: stressful and fast paced
  4. thought about dying but dont want to be irresponsible for aging parents

What I will do if I am in his shoes earning $12500/month

I’m gonna put myself in his shoes and make some assumptions (I am NOT a psychologist) and this is based on what I’d do from a personal finance standpoint:

Hardcap spending to max $5000/month

He said that he lives paycheck to paycheck because of

  • mortgage loans
  • insurance bills
  • medical expenses
  • rising cost of living eg food
  • etc

I will revise all the expenses, and cut down aggressively.

  • If I live in a condo that takes a big chunk of my pay, I’ll downgrade. A HDB is fine. If I live by myself, co-living is not bad too.
  • If I have insurance that I dont need, I’ll cut back and downgrade
  • Medical expenses may need to be refinanced
  • If I eat out $2000/month, surely I can cut back to $1000/month?

I dont know the details, but that’s some rough idea.

The budget will be $5000 all in so that…

$7500/month to be invested into dividend paying stocks

Assuming

  • invest $7500/month
  • dividend stocks pay 8% per year
  • reinvest every single dollar

In 5 short years, I will have $570,233.61. At 8% dividend yield, that’s $45,618.68 in dividends a year, or $3,800 a month of decent dividend passive income. I can live comfortably in a cheaper country such as Malaysia or live a bit more frugally in SG.

In 10 short-ish years, I will have $1,408,093.87. 8% per year is $112,647.51 which is $9,387.29. Based on hardcap $5000/month spending, I can retire on $6000/month and still have $3,387 “spare” to reinvest.

Note: it is likely when we stop working, we spend significantly lesser because we spend lesser on conveniences and transportation. Think about it.

Food in town hawker is about $8-10 a meal, with drinks; cafes around $20 and restaurants between $30-50. Watching a movie $15+. If we work part time or are retired, we’d likely be lessed stressed, which means less inclined to spend on conveniences like paying for food outside.

  • We may cook more at home.
  • Go for long walks or enjoy activities in an unrushed manner that doesn’t cost much.
  • We may even watch shows on computers.
  • We wont need to rush around in taxis or paying to rush food delivery.

I’m not saying to be a recluse when we retire, but I anticipate our costs just goes down significantly, and we may need less than we currently spend.

Burnout, stress and mental health

He probably

  • is stressed from the fast paced work and pressure
  • comparing to others down and up of him
  • feels stuck

Like I said earlier, I’m no psychologist or mental health therapist.

I’m also not going to say the cliche thing of “ah, you just gotta stop comparing” – it’s not so easy to stop that. It’s human nature.

I do think that he feels lost and that “it’d be like this forever”…because he doesnt have a personal finance and early retirement plan. That’s why , I’m pushing for you and me to do something that we can do:

  1. save more (flat amount OR percentage) of income including bonuses
  2. chuck all those into dividend passive income stocks
  3. spend some dividends BUT reinvest most of those delicious dividends until your yearly dividends is significant enough to retire on

The reasons why I focus on this

Happiness not included in office/work

I dont assume that work or being in office will make me happy. If it does, great. But I assume work may never make me happy (who dies thinking of “I should have worked more…?” anyway). So I will not link happiness to work.

Optimize for dividend passive income

I assume happiness and contentment may be outside of work, so what I will need to do is to build a passive income portfolio that will pay me continuously, so I can choose to not work and instead, pursue projects and people that may be of interest to me.

Will it bring me happiness? I dont know. I can just explore and find out.

Regardless, once my dividends are more than my living expenses, I can then choose to work less, retire, change job or pursue other stuff that I may be interested in. Maybe draw, travel, marry, who knows? Maybe even when I’m financially independent and free, I’ll still be working, just that I’ll be more selective of the people and projects I want to be involved in and with much less stress.

The key here is I want you to take the steps to continue building streams and streams of passive dividend income from your salary. And reinvest all the dividends until the dividends are good enough for you to have more life options.

PS: dont consider or commit suicide, ever. That’s like choosing a permanent solution to a temporary problem…plus there’s so much things to do, places to go, people to visit…or even things to discover in life.

What do you think? Share you ideas in the comment below.

Terra Luna UST Algorithmic Stablecoin Crash (6 painful reminders and lessons learnt)

It was a crazy, crazy weekend in crypto when Luna and Terra’s algorithmic stablecoin depegged from $1 and couldn’t keep the massive selldown from happening.

I never held UST or Luna before this meltdown, and I decided to gamble and catch falling knives, thinking that Luna’s CEO will save the day…but alas! I speculated with $6500-ish, and I think strongly believe that amount has gone for good.

I’ve been reading and listening on how so many people lost their entire life savings, some even their family money and it’s just been so heart breaking. Cry and grieve. It’s brutal. Just brutal.

But pick yourself up again, and start over.

For those who are still grieving, take a look at this from thewokesalaryman.

I was mulling over the events (as well as losing of some money), and was reminded of 6 important lessons in crypto investing:

Crypto is volatile AF

I believe crypto is an emerging sector in the S&P and economy, but right now, it’s not yet regulated. So it can be cowboy town with more than 90% shitcoins, rugpulls and scams left right center.

If you wanna enter crypto, please please please:

  • DYOR = do your own research
  • Don’t borrow money you dont have to speculate and gamble (you can win big, yes, but you also can lose big).

Diversify

I dont recommending going balls-deep and all-into crypto.

At most up to 20% of your total networth can be crypto, but even then, I wont put all this into one or two coins. It’d be diversified within crypto to a bunch of coins to spread out risks.

Yes, the rewards may be lower, but the #1 rule of investing is to not lose money.

Take profits** (rule of 2-5X)

This is a very, very important skill, rule and decision you need to learn and execute.

I learnt this when I entered crypto in 2017, doubled my paper gains, and refused to sell. It came crashing down more than 80% of my original amount (profits wiped out as well as principal — cry me).

Multiple similar experiences happened since then, and I learnt that I cannot always sell at highest and neither can I buy at lowest. The best solution for me was the Rule of 2-5X.

The most conservative approach is Rule of 2X, which means that once I double my money, I pull out my original investment. Eg if I invested $100 and it becomes $200, then I need to pull out $100. I can leave the remaining $100 to run and grow as house money. And take the $100 to invest in another. This is the most basic and conservative approach.

What I prefer is rule of 3X, where I can pull out 1.5X and leave another 1.5X to run. This means that I pull out both original invested amount AND profits already. And leave whatever balance to grow more.

Stable, regulated assets

Stable, regulated assets includes stuff like

  • rental properties
  • index funds
  • ETFs / individual stocks

These may not give the crazy growth like crypto, but they aren’t crazy volatile either lol – rental properties can be great for regular cashflow. Index funds are pretty standard returns, and great especially if you have time on your side.

Bitcoin and Ethereum

I think that in the end, whatever I budget for speculation and investment in crypto (say 20% of my networth), a big bulk of that will be in the blue chip of crypto ie Bitcoin and Ethereum.

These two seem to be the gold and silver equivalent, and maintain their value fairly well, despite market volatility and up downs. So if I have $1000 budget for crypto, what I will do is allocate $800 to Bitcoin and Ethereum; and the balance $200 to higher-risk-higher-return speculative crypto projects.

Diversifying and increasing your income is my answer

Learning to earn more income outside your main job continues to be my focus moving forward.

There are just so many benefits to building a profitable side hustle, from

  • diversifying from one main income
  • meeting and networking with more people
  • side hustle can be scaled bigger and more profits
  • etc

Can Bitcoin price go up to $950K with adoption and government regulation?

Disclaimer: crypto is volatile and there are lots of scams out there – you can make a lot or you can lose a lot (or everything). Do your own research – this is not financial advice. I’m just showing what I’m doing, and I’m taking risks on my end too. I’ve been both right and wrong before, so do your research.

How I started in crypto

I entered crypto speculation in late 2017 when my best friend introduced me to it, and of course I was freaking skeptical when I first saw it. I was very cautious of it being a scam as I hadnt really heard of bitcoin or crypto before that (I’m in the offline physical therapy world).

I pored over whitepapers, got involved with different crypto and blockchain projects.

Of course, I definitely got rugpulled a number of times across different projects (the highest risks are with new projects with lots of hype and fluff and promises of high returns).

At the end of 2018, there was a massive crash (or correction?) as bitcoin went I sat on a paper loss of 80%++ – I was so sad and guilty when I told my wife, but I stayed for both the tech and adoption, which I believe will increase the price.

True enough, in 2021, my speculations in crypto sits currently at 300%+ of my original investment amount, and I’m sensing that it should have another good run as governments and regulations on board and after it gets regulated, the returns should be “normal like financial markets”.

Note #:1 regulations usually means that financial institutions, sovereign/wealth funds, pension plans etc will have more exposure to crypto as a whole.

I chanced upon some videos/articles and wanted to share this with you:

  1. Kevin O’Leary: Crypto Will Be the 12th Sector of the S&P https://www.youtube.com/watch?v=gSPSRVDN8l4
  2. Kevin O’Leary: 20% of my portfolio is in cryptocurrencies https://www.youtube.com/watch?v=vqkC_XcxxJg
  3. Kevin O’Leary: Buy The Dip And Chill For 1 Year – They Want To Fool You, Don’t Listen To Them https://www.youtube.com/watch?v=FKqEOFwTO2A
  4. Kevin O’Leary: This Is Your Last Chance To Become Millionaire – My Most Sincere Advice To You https://www.youtube.com/watch?v=5_cyE10Ljms&t=5s
  5. BlackRock, Fidelity and others to invest $400M in USDC stablecoin issuer Circle https://techcrunch.com/2022/04/12/blackrock-fidelity-and-others-to-invest-400m-in-usdc-stablecoin-issuer-circle/
  6. Coin Gecko https://www.coingecko.com/
  7. 2021 financial market value https://www.statista.com/statistics/421060/global-financial-institutions-assets/

I believe that crypto including bitcoin, ethereum, solana, ripple and other crypto/blockchain projects would be regulated soon enough, and that itself will lead to a global increase of crypto market cap value as a whole.

No dang crystal ball

Of course, I dont have a crystal ball though that’d be nice lol, but I am ready to hodl my crypto speculations for a good 5-10+ years and longer. Why this is the case is as crypto becomes mainstream, it’d become “normal” to have, own and use crypto as methods of making and receiving payment =)

Note #2 I made a mistake – I thought the global financial market is worth 105M (see link #7), but it’s actually closer to $460 trillion in 2021. And I hadnt factored in other types of investments such as real estate.

For reference, crypto market cap April 2022 is $1.9T. That’s a conservative 230X comparatively.

What you can consider

For those who want to dip their toes / speculate into crypto but unsure, you can consider

  1. speculating into the top 10 / 50 / 100 of listed coins on coingecko
  2. ask your employer/side hustle jobs to pay you in crypto/btc
  3. invest into companies that have crypto exposure such as Tesla, MicroStrategy, NVidia etc

Remember, direct crypto speculation can be very volatile though is an emerging asset class – do your research and assume you can lose your invested amounts.

I’ll be holding onto my crypto and 5-10 years plus and equally as important, is to cash out (take out principal invested and profits) regularly – makes me sleep like a baby because my loss-related stress levels go down significantly =)

As Kevin o’Leary said in one of his videos: buy the dip and chill.

How To Save $1000+ This Month (and every month)

My preferred way to saving $1000 a month is the “pre-paid expenses” (including investments FIRST) ie I will set aside $1K and chuck that into investments, and then pay bills/mortgage/utilities/necessities, and then just use the rest without guilt.

Because I’ve “sorted” the core financial work and stuff that I want done.

But if you wanna squeeze out $1K or more for an upcoming large expense, or to invest more, here are 4 simple tactics you can do:

#1 Retire unused or under-used monthly subscriptions

Such as streaming media such as NetFlix, Disney+, Hulu, Spotify – there are just so many streaming services out there. Kill off the ones you use least/lesser. This can save you around $20-$50+ depending on how much you have.

#2 Slice your underused phone and internet bills.

For your phone bills, you can make more whatsapp/messenger calls (calls over internet), change carriers and even downgrade your plan if you find that you’re not using as much data/voice/SMS.

The same goes for your internet bills.

#3 Plan your meals**

This is one of the biggest movers in terms of savings.

An average meal in US is $20+, so if you can eat home or pack meals during workdays (assuming 5 workdays a week), that’s a saving of $20 x 3 meals a day x 5 weekdays per week x 4 weeks a month = $1200 (if you eat 2 meals a day, that’s a savings of $800 a month).

Of course, have your social meals on weekends with family and friends too (which becomes more special when it’s weekends out eheh) =)

#4 Plan and limit your “silly spending”

We all have impulse purchases and silly spendings, so instead of buying impulse stuff on an as-when basis, which has no limits, why not set aside a budget and a day a month to spend on “silly buying”, without guilt or grief?

This makes me look forward to these silly spending days.

These are just 4 tactics as part of your financial education and money saving tactics that you can do this month to save $1K or more, based on reducing expenses that you dont use in the first place. Explore which expenses are unnecessary to you, and adapt accordingly.

What to do with the $1K savings?

Invest it in safe investments, and set aside a portion to upgrade yourself with more skills and maybe open a business too.

Or treat yourself or your loved ones to a holiday – whatever rocks your boat.

The Most Important Lesson McDonald’s Founder Ray Kroc Taught About Becoming Rich

The Business Of Ray Kroc, Founder of McDonald’s

In 1974, Ray Kroc, founder of McDonald’s gave a talk at a MBA class at the University of Texas in Austin.

After the class, the students asked Ray to join them for some drinks, and he said okay, sure.

Between drinks, Ray asked them

What business am I in?”

The students laughed, because they thought Ray was just fooling around messing with them…but he was serious.

No one answered though.

Ray asked again, “what business do you think I’m in?”

The students laughed again, and a brave soul shouted,

Mr Ray, the whole world knows you’re the godfather of the burger business in McDonald’s.

Ray laughed and said – “yes. that’s what most people would think and say about me“.

He stopped and then shared this:

“Ladies and gentlemen, I am not in the hamburger business only – my true business is in real estate.”

Lesson #1

Ray then explained that in their business plan, yes, primary front end business was to sell hamburgers, fries and milkshake franchises, but he never lost sight his long term big goal, which was real estate.

That’s why every franchise that was sold, he paid particular attention to the location, reasons being

  • Number 1 reason: he knew that location was a very big factor in the success of each franchise
  • Number 2, his main game is real estate.

So what he did was that he got every person that bought McDonald’s franchise to pay for the land under the franchise for Ray Kroc’s organization.

Lesson #2

Of course these franchisees also made money as franchise owners and business owners – Ray didn’t just take and take.

He made many franchise owners rich in the process, and many of them ended up owning more than one franchise with him.

Today McDonald’s is the single largest owner of real estate in the world. They have real estate at locations at busiest street corners and intersections in the world.

I can already imagine the faces of students, their minds would have been blown upside down left right center.

Blow Mind Mind Blown GIF - Blow Mind Mind Blown Explode - Discover & Share  GIFs

What I learnt from Ray Kroc is to know my big and long term game, and to take step by step moves that bring me closer and closer to my goals. He also made others rich in the process.

What’s your business and game plan?

Are you building a business or having a career without a long term game?

If you hadn’t thought about it, it’s time to think about leveling up your game.

Maybe save more to invest in real estate locally and around the world, and get paid rental income.

Or put money in wealth management and get wealth managers to make you more.

Or vanguard and chill, as many fatFIREd individuals put it.

Whatever rocks your boat.

So what’s the business you’re in?

Have a think and let me know in the comments below.

Don’t Settle And Don’t Sell Yourself Short

Silver lining of COVID-19 is that it shook everything and turned many things upside down.

I hate that people suffered health-wise, and many died due to this pandemic. There is nothing that can change this fact and pain.

On the small upside, this pandemic forced to change.

We had to stay home, stay safe, and not surprisingly, we had many downtimes.

It’s in the silence of the downtime that we can usually hear ourselves and our thoughts, and I think the common question is that “is this it?”

As in, is this the kind of life we want?

Comfortable, Peaceful Living?

I live in peaceful, safe and stable Singapore.

Women and children can walk outside at 3 AM in the morning and they’d be 99.9% safe.

I run a business called Phoenix Rehab, a physical therapy, hand therapy , TCM and massage business.

I sleep well at night (other than my newborn waking me up) – I’m alive.

I thought this was okay.

I thought it was okay to be living a quiet-ish life where I

  • mind my own business (and dont bother others)
  • have food and water
  • and enough, money’s okay (we’re doing not bad as physical therapists)

And that running my business would be enough.

But i’m starting to ask myself if i’m shortchanging myself.

As in, am I wasting my own time?

My abilities?

Am I settling?

In 2022, I’m 40 years old.

As I mentioned earlier, for a hand therapist with a physio wife, we did (and do) pretty okay with growing a business, selling our first business for 7-figures.

My wife then went on to start a business and I even got an 18 month sabbatical before I decided to help her out.

We’ve a wonderful team and business as well as 3 beautiful kids.

I’m grateful but also uncertain

Like there’s a nagging sensation or sense…

like a spider-sense eh

As I started off earlier, one of the key benefits of the pandemic is that it turned almost everything on its head. In 2020, Singapore goverment got most of us to stay home for a good 1-2ish months.

It was uncertain times, and many of my competitors and people were very vocal about how dissatisfied they were yada yada…but I felt at home because of my 18 months sabbatical, and I could be more with my kids and wife.

I like(d) it.

The downtime gave me a reminder and question if the life we’ve been living is the one we want to keep doing.

Hey it’s not just me, it’s many.

Like many others, I too question.

It seems that it’s a movement where people are taking action en masse, see some examples:

We’re talking millions of people quitting jobs as they pivot.

No longer willing to settle, or maybe they’re just tired of lockdowns.

Then again, there are many bullshit jobs out there –

bullshit jobs are jobs you dont care for that you do to pay the bills…the kind of jobs where you dread Mondays and look forward for end of day on Fridays.

Bullshit jobs…have bad negative effects.

The highest problem is that they make you sad. They make people sad…but ironically, many people will do their level best to NOT lose their bullshit jobs.

Why?

Cos it pays the bills, and it’s pretty easy to “coast”. It’s easier in big companies where there are many layers of people that support other layers of people and more.

Ew, typing that was painful reminder as to why I stay an entrepreneur, cos I’ve met many bullshit individuals in corporates and even competitors.

If you love your job, you’re the top 15% lucky ones.

According to Gallup’s State of The Workplace Report, 85% of Americans are extremely disengaged at work and 81% are actively looking for new jobs.

85% and in my book, that’s majority of people have bullshit jobs they dislike or gasp, hate.

And that’s where the pandemic are shaking things up.

People are quitting bullshit jobs to find one that either

  • makes more money for them
  • provides more flexibility
  • more meaningful

There are more taking up entrepreneurship too:

A whopping 5.4 million new businesses registered in 2021!

Bloody good if you ask me – it’s easier and easier in the history of mankind to launch your own business and make money on your own terms. It takes lots of passion, gusto, and work.

Problem: It’s easy to hide.

I see this everywhere I go.

In fact, I’ve also faced individuals and corporations who daringly do blatantly wrong things…because they likely wont get caught. These guys and gals? Fuck them, I dont care.

But those I care about, the everyday people, who reach out and tell me that they feel stuck.

I reach back and tell them that they usually know it in their sense and intuition.

And then they write back that they’re scared (behind multiple layers of fears and what-ifs).

I empathize.

I’ve been there, and in some levels, I am still there.

I’ve been stuck many times.

Sometimes it takes months for me to overcome, sometimes its longer for it to “click” or for me to just give it a go.

Let me tell you something about intuition – your intuition is one of the most powerful sensors and inner compasses that you can have. The more I use it and hone it and trust it, the better and better it becomes.

…and the more it works for me.

Recently my intuition has been saying that I’ve been playing and thinking too small.

That I’ve been playing it “safe”.

I’m paying attention and putting my senses to writing, on paper.

One thing I realize is that my intuition is pretty spot on, and the more I resist it, the worse I usually get.

Upset I mean.

No, upset is not the word.

It’s really like tingling spider-senses which gets stronger and stronger, and eventually I cannot ignore it.

And when I do it, it’s like

Why did I take so long to do that?

Usually it leads to growth

Why I ignore these “spider-sense tingling” is because there is change and effort…which means it can lead to

  • failure
  • confrontations
  • changes
  • growth
  • insight

I like growing and learning – this is so “sexy” on paper.

Just that real learning and growth sometimes the process is painful and annoying, ugh.

I look back at my 20 year old self and my Lord, I wouldn’t recognize him.

And neither would he recognize me – I was a sucky, lumpy idiot back then.

Less of an idiot today, and I’ve grown so much too.

It’s easy to settle…but it’s costly

Coasting and settling is easy…but it’s very very costly.

Not in terms of just money (which we can count easily), but moreso in terms of opportunity cost.

No one lies in their death bed asking themselves:

I wished I earn $2M more, ah I could die better now.

Of course not.

On our deathbeds, I imagine we regret all the opportunities we do not take.

AKA settling.

We settle cos we’re scared.

We settle when we dont know what else to do.

We settle when it’s just easier to stay status quo or do nothing as compared to thinking hard and doing and failing again and again to figure out and course correct what we actually want to do.

When you’re doing well, everyone will tell you to keep doing what you’re doing.

You see, capitalism runs on that – doing X gets Y, and if we want more Y, do more X. Model that, and do it again and again. Squeeze processes and things and stuff and sometimes people.

Rinse and repeat.

Knowing yourself is the beginning.

I know I dont need $1B.

Heck, I dont even aim for $100M.

I dont even want to run a big company, or take a company public, or become a celebrity or politician.

All I want is…to be free, healthy and happy.

And that remains the same.

Alright back to my intuition: I’m starting to sense that I am on the cusp of something.

That I cannot play small or safe any more.

Like I need to go deeper, double or triple down.

Stop wasting time.

Make a bigger impact as I live and leave the world.

What about you?

Are you shortchanging yourself?

Crypto.com Cuts Earn Rates Again – Stablecoins 2% Flexible Term

Arghhhhh!

I shared in an earlier video how crypto.com was changing their crypto.com earn rates which would go live on 4th April 2022 (video here: https://www.youtube.com/watch?v=xUlA6bTpDyw)

And most of our begrudgingly lick our wounds, accepting it generally, and I would believe many of us are planning our next 3-month lock in…but alas!

Crypto.com made another sudden change, by further decreasing the rates on 26th March 2022, one week before 4th April =(

Basically, the rates dropped more eg if you stake 4000 CRO, a 3 month USDC earn would net you 8% on the first USD 30K and anything above that would be 4%. (From 12% pa to 10% to 8% pa)

Does this mean doom and gloom for crypto.com?

Nah, I dont think so – their T&C indicated they could change the terms anytime, and though I’d like to to be done in a cooler, open and sincere manner, they didn’t.

But this doesnt mean that their company suck.

If anything, crypto.com is doing a lot of aggressive marketing and advertising for their platform, and I am looking at good price action of CRO (cronos) coin as a whole.

I will be aiming to upgrade my card from icy white to obsidian to get more cashback too.

I’m also at a place in my life where I am looking to enter real estate for both living and rental, so…I’m gonna roll with this. They never promised we would get those delicious 12+2% forever, so I enjoyed it whilst it lasted =)

For those who are searching for more stablecoin earn rates

I’ve been hearing people mention these two:

  1. Anchor Protocol is paying up to 19% per annum (droooooooool)
  2. Celsius Network is paying up basic at 7.1% and platinum tier at 9% which is pretty sweet

I have not used these both at all, so I cannot vouch for them on a personal basis, buuuuuuuuuut celsius looks pretty solid as a company as well. I will be taking a look at them to consider diversifying from crypto.com

Not financial advice – I am sharing with you the most recent crypto.com changes to their crypto earn program, how it’s affecting my passive income cashflow, what I’m planning to do with creating more passive investing income.

What keeps you going?

What are your burning passions that keeps you going?

  • Is it for the better future of your loved ones?
  • Is it to give back to the world and society?
  • Is it to prove someone else wrong? And prove yourself right?

Is there even a correct answer to this question?

Everyone’s reasons should be different and unique, though there may be some similarities when we compare as a group or from a broad based perspective.

The reasons may change as seasons in life change.

When I was younger in my tens and twenties, it was to survive.

Then in my 30s, it was to thrive and prove to myself and those that seem to look down on me.

Now, as I’m 40, it’s for my family and myself.

Deep down, I know my reasons are my kids, my loved ones, and I want to show my loved ones a better way of life. That it isn’t just about studying hard, getting a good job, working, buying shit we dont care about, then one day, we die.

Ugh, that’s depressing as heck to me.

I dont want that for me, my loved ones or for you – that’s not a good way.

A better way to a good life is to build a business we care about, ideally an online business that provides passive business income, that can work 24/7, providing good value to clients who love paying us, and yet at the same time, frees up our time to do stuff we love, and more.

A life where we have more control over the time and energy we put in.

Or where we work from.

And more.

Do you know what’s your burning reasons that keep you going?

Baby Josh Chua is born 28th Feb 2022

I’m so excited and blessed to share that baby Josh is born on 28th Feb 2022 to myself and Louise in Gleneagles Singapore!

Thank you to my wife for carrying him to full term, and thanks to our super gynae Dr Arthur Tseng (who helped us with all 3 pregnancies and deliveries) and the supporting staff and nurses.

Baby Josh, welcome to the world – this world is a fascinating and beautiful place, filled with adventures, histories, cultures, learning, pain included, and most important of all, it’s made by God and fill with people whom God loves.

I cant wait to show you more of the world.