I have been listening to a lot of audio books, the one author i really like is Chris Hogan. He really have a nice audio voice and he's able to resonate with the common person like me. He start off that any one can be a millionaire and at an early age. The way he preaches are like a financial planner not to mention the passion that he rub off the person. I especially like the stories that he inject in between the lesson that he want o impact.
To become a millionaire. Focus on building wealth and passive income streams.
- Clear credit card debts, student loans, housing loan, car loan.
- Reduce spending to below 50% of your monthly income. That's where i can build up my emergency funds after 6 months.
- Automate the savings to a index fund or stocks
- Look for side hustles to increase the income
- Increase savings to CPF account as well.
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