Expense Update ItemsMAY-2015 Food (Via Cash)$430.00 Transport$80.00 Insurance$285.00 Misc$210.00 Parents Allowance$400.00 Joint Account Savings$150.00 Mobile $65.00 Total Spending$1,405.00 Credit Card Spendings Credit Card 1$559.09 Credit Card 2$2,317.90 Credit Card 3$0.00 Supplementary Card 1$45.50 Total CC Spend$2,922.49 Grand Total:$4,327.49 Hightlights - Bought some random appliances from Taobao and air tickets for my holiday to Europe in the last quarter of the year. This month's spending exceeded the average monthly spend due to the one-off big ticket item purchase ($2317.90). Yours, Dream Chaser

You have probably read some horror stories about people chalking up huge credit card debts, whilst spending beyond their means, eventually ending up in financial ruin. Well the good news is that, contrary to popular belief, credit cards are actually one of my favourite tools in my pursuit of financial freedom. With a little bit of financial prudence and discipline, credit cards actually contribute to making your financial objectives. Now, i heard that skeptical voice in your head saying, "No way ! How

The first quarter of 2015 has been pretty eventful from a personal standpoint. I've managed to start this blog to document my financial journey, complete certain personal milestones and even achieve a raise at work. From a financial and wealth management standpoint, it is my personal opinion that the markets are on a feverish high. With all the liquidity and cheap money (Quantitative Easing) being pumped into the US, European, Japanese and Chinese markets, it is no surprise that we see stock markets

I have documented that one of my financial goals is to achieve a monthly passive income of $5000. This isn't exactly an easy feat to achieve, but it definitely is possible. Like all things in life, nothing will come on a silver platter (unless you are born into a rich family). To lay the ground work for financial freedom, i am fully aware of the need to start cultivating good habits, exercise financial discipline and to constantly improve my mind. People tend to

Expense Update ItemsAPR-2015 Food (Via Cash)$581.00 Transport$80.00 Insurance$285.00 Misc$200.00 Parents Allowance$400.00 Joint Account Savings$150.00 Mobile $65.00 Total Spending$1,546.00 Credit Card Spendings Credit Card 1$563.68 Credit Card 2$0.00 Credit Card 3$0.00 Supplementary Card 1$219.00 Total CC Spend$782.68 Grand Total:$2,328.68 Hightlights - Aside from eating out, there is no additional spending. with the exception of buying a standing fan for my parents from Best Denki. This is charged to Credit Card 1 to enjoy the cash back rebates that it offers.

Net Worth Update  AssetsAPR-2015 Savings Account 1$2,000.00 Savings Account 2$2,186.29 Savings Account 3$139,914.00 Savings Account 4$63,000.00 Current Account 1$3,000.00 Stock Holdings$53,150.41 Physical cash$144.00 Total Assets$263,308.41 Liabilities Credit Card 1$198.68 Credit Card 2$0.00 Credit Card 3$0.00 Supplementary Card 1$219.00 Total Liabilities$417.68 No dividends due for the month of April. Total Net Worth has moved up slightly, due to some upward revisions of the marked-to-market value of my stock holdings.