Financial Independence is about making our money work for us so that we can spend less time working for it if we choose to.
Getting and staying on a path to FI can be challenging, given how we’re often taught to value consumerism, which in turn is fueled by a lifetime of working and living to spend everything we earn.
If you’re determined to buck this ‘norm’ like I am, you’ll need a constant dose of inspiration to keep going even when the going gets tough, which is why I scour the internet in search of the most helpful blog posts, videos, podcasts and everything else in-between that’ll keep you reaching for that FI finish line.
Here are my favourites for this week. Go get yourself a cup of coffee and enjoy! ☕
Beginner’s Guide To Emergency Funds | Her Duit Podcast. What qualifies as an emergency? Plus: Emergency, rainy day and sinking funds — what’s the difference? Host Michelle Chin and HeyAlfred.co explain the difference between all three and how to get going with each.
How I Invest In Bitcoin In Malaysia | Marcus Keong. Bitcoin noobs, you need to read this. There’s something about crypto that both fascinates and terrifies me at the same time. This post explains why, and how to satisfy your curiosity without getting burned.
The Reason Why We Won’t Invest More Than 5% In Crypto | The Woke Salaryman. Another thought-provoking piece on crypto that veers from FOMO to sleeping at night. If you’re thinking of heading in that direction, read this first.
Three Malaysians Share Their ‘Financial Independence, Retire Early’ Journey | iMoney Learning Centre. Is FIRE-ing possible in Malaysia? According to these three Malaysians, the answer is yes and share how they’re making it happen.
GO+ by Touch n’ Go eWallet – A New Investment Tool? | Cash Kaw. We’ve heard about the latest investment tool to hit the market. Tharmaraj Rajandran of Cash Kaw does a deep dive into the pros and cons of GO+ to help you decide if you should give it a go.
Carlsberg Malaysia vs. Heineken Malaysia: Which is the better dividend stock? | The Fifth Person. Been thinking about adding Carlsberg or Heineken (or both) to your dividend stock portfolio? Here’s what you need to know before you do.
Recommended Tools & Resources
*Note: Some of these suggestions contain affiliate links, which means that I’ll earn a small fee if you decide to use them. Using these links won’t cost you anything extra, but it’ll allow this blog to earn some money. If you use them, thank you 🙂
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THE MILLIONAIRE NEXT DOOR by Thomas J. Stanley and William D. Danko
This is the very first book I ever read about money, and one that opened my eyes to what it really means to be wealthy and how the true rich (ie people who have a lot of money and are smart with it) make, manage and use the green stuff. You can get your copy here.
YOUR MONEY OR YOUR LIFE by Vicki Robin
I consider this mandatory reading for everyone, no matter where you are on your financial journey. If you’ve got questions about how to develop good habits around tricky subjects like debt, earning, spending and your relationship with money, this book’s got the answers. You can get your copy here.
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