Leaving my footprint here too...

Age: 33
Occupation: Software
Marital Status: Married with 1 kid

Assets-
AUM: 373k
Savings: 20k

Liabilities-
Outstanding Housing Loan: 1.25m
Outstanding Car Loan: 10k

Buying the house was the biggest financial mistake I made and it slows me down a lot in achieving financial freedom, but it also pushed me to generate more active incomes. I've made a promise to myself since then to maintain my lifestyle as much as possible, no matter how much more active income I get, until I'm financially free.

Leaving another footprint here...

Age: 36

Assets
EPF: 500k
Equities: 200k

Loans
Housing: 1.2m

Income (p.m.)
Active: 21k
Business: 1-2k

1. My savings rate is very poor due to high expenses (only about 5k p.m. from active income)
2. I'm trying to push my EPF to above 1m for the extra cashflow due to withdrawal eligibility above 1m.
3. I'm setting aside 3k p.m. for equity investment (DCA), mainly in StashAway, ETF, and a portion of dividend stocks.
4. I'm working hard to increase my business income (in hope that it'll replace my active income one day) but it has been extremely hard.

Considering 5% compound interest p.a. he can also start with 2000 savings p.m. and increase it by 250 after every 1 year to reach that amount after 6 years.

I started joining the workforce more than 10 years ago, and I know many of my friends who got above 3000 starting salaries. I think the savings is quite reasonable assuming no house or car commitment.

Successful business owners are outliers. There are many unsuccessful one like myself who can't even earn more than 10% of my employment income.

Leaving another footprint...

Age: 37

Assets
1. EPF: 554k (took out all account 3 and put it in equities earlier this year)
2. Equities: 517k

Liabilities
1. House loan (Primary Residence): 1.2m (S&P 1.8m, market value unsure)
2. Car hire purchase: 170k (Market value unsure)

Income
Salary: 25k
Side Hustle: 3k
Business: 4k+ average this year

In my case, I bought the property not because of my "liking for property" but due to pressure. It is the biggest financial setback for me so far, by far. Since it's my primary residence, it's also not generating any passive income for me.

I do favor passive income a lot more than active income, however my passive income so far is far from letting me FIRE. I've been chasing for active incomes all these years just to build my passive income faster.