What is the biggest money lesson you have learnt about growing it and making it work for you?
Initially, we all have to work for money. However, I have learnt that the wealthy person has learnt how to make money work for them, through consistently investing what one earns.
Where do you learn about finances?
I read a lot of books about real success stories from entrepreneurs because I believe entrepreneurship is a great way to create wealth, while creating value in the society. I also stay curious to learn about different investment vehicles because I know I shouldn’t put all my eggs in one basket.
Any financial myths you think should be busted?
Money is not the root of all evil; greed may be. Money is a good thing because it can create freedom and prosperity, if well spent.
What two personal finance rules do you follow?
Live within your means; and work to make money as a tool to accomplish real goals. Real goals are not just about making “enough” money, because it is almost impossible to define “enough.”
Investing or saving…Which one carries more weight?
Investing. However, they go hand to hand as saving to invest is acceptable.
One can get rich easily... but how does one stay rich?
By constantly making calculated investment risks, and always striving to be wealthy, not rich.
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