Initially, i was very optimistic and wanted to target atleast 70% savings rate. But overtime i realized that it is very difficult to save even 30% especially when bills, expenses piled up overtime.

I dont know if im doing well for my current age, but i'll just keep doing what im doing and make minor adjustments from time to time.

My goals:
1) Total positive assets >= RM 100K by end of 2025
2) Total positive assets > RM 250K by age 30 (excluding EPF)
3) Total positive assets > EPF by 2x by age 30

For now this is hard as my income is not high paired with high car monthly repayment. Employer contri. also > 17%.

If your housing loan interest is higher than FD, it would be better to settle your housing loan first, or at least keep 120k in FD just in case your uncle ask for his money back.

his replies was on a 2009 post lol....

i doubt during that time got flexi loan.

As much as possible. I usually maintain 50% savings rate as minimum. My usual is around 70%.

Building wealth will always require the active income to do the heavy lifting initially before the passive income can do it's lifting. There is no way around it.

Need to tell that to all the girls i date with... 

Source: https://www.jiuzyoung.com/info/malaysia-inc...usehold-latest/

I planning to go something big next year. Start earning 5 figures. Really don't wanna forsake this life working for someone.

Hey tell me more, I believe fairytale story one. Coz I also do have successful friend that go from 0 to 6 figures monthly without need to do anything

No stock holdings?
Wah. Congrats.
I can't do 6 figure montly but I can do low 5 figure monthly. There is no such thing as no need to do anything.

Either you do business, rentals, trade Forex, stocks do options.

Wow. Nice. I only got free bitcoin. That was back when bitcoin was USD5😂

So nice to be U both eh.
I lost money during BTC crash on 2021. Then I lost again this year when BTC crash from 70k to 50k.

I shouldn't trust my friends too much keep brainwashing saying BTC will exceed 74k.

BTW, I lost due to liquidation mostly

I think now only worth USD50 or USD500. need to login and see. Can't remember how much.
I don't invest in those stuff. I got free bitcoin so just keep lo.

I am free cash flow investor. I make sure got money coming in like every week. The money coming in will be used to invest when there are opportunities (when market dip). If no opportunities, just continue to accumulate.

Can't really say spot is guaranteed earning. There are some coins I invested into the past such like
Luna
Bunny
Polygon
Dino
Anchor
Rio

Now these coins are mostly gone or down -90% value from what I started buying it.

Too fed up and since got limited budget, I decided to go gambler style with future.

Either go rich or go home.

I dont trade. Just selling options.

Property agent. Coz in the same time working as an agent, I decide to further study for agency license. This course take 2.5 year.

Once got this agency license edi, can enjoy passive income without working edi.

Yes, there are 2 license. Agent license and Agency license.

Agent are required to join agency to do proceed with any deals.
Meanwhile agency license has a limit of 50 peoples each agency.
Whoever wants to operate an agency but without the license can choose either partnering up with license holder or rent their license.

Market price for license rental is myr4500/month.
Of coz if manage sendiri is even much more, but no need hassle loh

I am one of those behind you, but 15 years older. Wasted my youth playing video games instead of studying and seeing the world. End up today, no real friends, no real skills, no asset, forever alone. I am paying the piper, living life with regret, waiting to die alone.

Recently laid off as well, but trying self employed route to save up and give back to aging parents. Maybe a chasiew like me can still take them on overseas trip while they can still walk on their own.

Not going to lie, life is pretty shyte considering I had the best cards growing up, but threw it all away like the dumbfrack that I was, but some beers helps to sleep it off during the nights.

You need money to make money. If you short in cash, prioritise where you want to put your money.

I feel 100k useless. I think 500k is where you will pickup speed.

No wonder i always felt my pocket is empty.

today i did my own wealth assessment,
discovered that i put 55% of my total gross income since working towards ASNB ....
*GROSS* lmao.

If considering other investment as well, i invested 77% of my gross income for the past 5 years... (gross means didn't include tax, food, rent , pocket money to parents )

well this is too unhealthy for me...
i think i have hoarding mentality ... aka stingy mentality

Thanks for the acknowledgment.

Not much people have the ability ti earn 100k per month ah, at least not me. I kuli aje.

I was thinking about it , is it unhealthy to hoard like this blah3 after doing the assessment... Well continue to go !

I did the assessment coz mom told me ... Aiya u hoard so much, no point hoard so much eh , gotta spend them occassionally too

This reminded me when i was in hospital a few times, i always told myself i must do this and that and must appreciate this and that after i recovered. But once i became healthier then i was back to the rat race again.

I give myself maximum 1 more year to accumulate more wealth, this extra wealth will be reserved for helping my friends, future-ex-colleagues(staffs under me that had been following me for more than 15 years), etc.

We only live once, i want to enjoy my life to the fullness before i become dust. Accident is something unexpected, i am really scared i haven't done the things i love and then gone all of a sudden.

I am mid 40. Those moments happened a few times, most recent one was this year.

when things are ok, we forget our promises (hence, never lend desperate people money as you will never see it come back). <--- Exactly. Last year and this year lend 2 friends a few K, one of them promised to pay back 1k every month, until now 1+ year is passed, only paid back 2k, and the rest of the money? He already pretending like nothing happened. Another friend is worst, April borrowed the money and said will pay back on May (i knew it was a fake promise), and last week i checked his situation, obviously he never plan to give back any money now, so called pay back on May, haha. Last time also lend a few friends, either blocked me (it was QQ, MSN, hotmail, Line, etc) or avoiding me, eventually couldn't find them and no more friends. When they were asking for money, they looked very sincerely, when they got the money, treated me like their most unwanted to see person 

Yeah, 2025 should be my last year of working.

If you guys are married, just say my wife don't allow.
Then your wife can say my husband don't allow.
One way I avoided before was, I say my wife wanted to borrow money to friend before and I objected. So I am not in the position to ask for permission from then onwards.