Everyone NEEDS money

What is your belief when it comes to money? Personally, I feel that everyone NEEDS money. Whoever can survive without money in today's world? Well, unless you dun mind being unkept, no clean toilets to use, no clean chlorine filled water as well as good food, a roof over your head to sleep? So no bullshit, everyone NEEDS money.

So how can money be earned or owned? One: Work, Two: your own Business (er but u still work), Third: for those lucky ones - inheritance (but hey, unless u spend prudently, your inheritance is going to finish one of these days)

So, I belong to category One or Two person - Work to have money. So what you do with your money after you have it. Spend it all! Many people will think that I'm out of my mind.

BUT its true!

Its just a matter of time when you spend it. Save you say... but save for WHAT? Housing, family, emergency funds, kids education, car and Retirement.

Excuse me, which one of the above items you need not spend money on? So essentially you need to learn how to preserve your money better so that you can spend it longer! Duh!

Honestly, who still puts your money in the banks to save? In Singapore? I think everyone. Many people when they face with the word "INVEST", it seems such a repulsive word that they will shun. For the younger generation (I mean those till age 30, especially ladies) I feel that they are super pathetic. They have NO idea what to plan for themselves NOR do they want to plan ahead for themselves, people seem to think that saving is the way to go. Saving in a bank! Duh!

Up till a few years back, I am still one of those pathetic beings that think that savings is the way to go and never once thought about my retirement or my future. And by then I knew about it, I'm in my mid twenties.... a quarter century old. How much time do I have left? I think its a good 50 years only, presuming that I have good health... if not... hospital bills will simply dash my hopes of having any good or sustainable retirement. Then who to depend? Your kids? Your family?

HELLO! Stop Dreaming there! If you are already struggling with your finances now, its only going to get worse and worse ok!

In order for you to stop burdening your family, you got to find a way to preserve your money and stop it from leaking away to the inflation monster. AND for those who understand my previous paragraphs, I'm pretty sure at this point in time, you would have started to google for different ways to earn some little interests on your monies. These little interests that you could earn is called INVESTMENTS~

So how repulsive can the word be when you NEED it?