Habbit is the key

Let's start save today. There is a sum of people who really save from small and they really understand the importance of the monies.

Save! save! save!
It is never to late to start save! Make it a habbit to save. I would encourage all of us here to save but not to become thrifty. Spend it wisely not over thrifty.

Basically most of us will think saving will be like :

Income - expenses = saving

This is the right way ? while interviewed with a young successful millionaire Mr S.C. Lim. He have his own formula of success.He had shared with me the other way round. He had made his 1st million at the age of 23. He just now 28 i guess a multimillionaire. A investment guru i will addressed him as.

After interviewed with him, and he had gave us a whole new formula of saving, that is:

Income - Savings = Expenses

He stated that,if all of us do not have the habbit of saving or so called don't force us to save it, we won't see any saving at all.
He stated that saving also needed skill. Of course he have something better too. He always leverage his money. But there is a calculated risk on that too.

But today's we will stress on saving. Possible to save our 1st million? Yes of course but it needed sometime.

The first 100k would be the key. How long would you save your first 100k? 3 years or 8 years?

Interested to know more? If you have 100k we have the recipe for your 1st million. Of course our strategy will be different. Our saving can able to cope with those inflation rates. So do not worry.