I maybe an ex-bankrupt but I have managed to achieve a semi-retired lifestyle thru a strict system of financial goals which I will explain to you. I have helped my ex-wife achieve financial freedom by getting insurance which she has received almost S$1,000,000 in payouts so I do not have to worry about supporting her and my children. During my divorce I gave my half share of my house to her and told her to rent out our HDB flat for regular payments of $2,500 to feed my children so I have the freedom not to worry about my family finances. Nobody has helped me even though my aunt is a millionaire and my mom has a rental HDB which she derive rental income for her retirement, I never take a single cent from them. My brother has a doctorate and he is a lecturer in Nanyang Polytechnic but we could not get along because of her wife which is very money faced. My mom has invested more than S$50,000 for my brother to study in Australia and with his own inheritence of S$65,000, he totally spent all on his overseas education. I will depend on my own skillset of IT trainnng and the use of Internet and Social media to raise funds for the poor and help non profit organisation. Even though I have yet to achieve all my financial goals but along the way I know I will achieve them, it is only a matter of time. I am straight in line for my inheritence of a 4 rm HDB flat which my mother owns and when the right time comes I will have enough monies to do what I want to do. Even though because of my bankruptcy which was recently discharged nobody believes I could do it but I have a system and knowledge how to achieve great amounts of monies, which I will only review when I achieve financial success. So now bear with me as I await all my financial goals and if you are able to help, donate some money thru paypal on my website so I am able to use it to help the poor and non profit organisation.
I do not believe living in a life of luxury and even when I achieve financial success, I will still stay in my 1 room rental flat and spent less than S$1k a month on food. I do not need a lot of monies to sustain myself even though Singapore is such an expensive place to stay. My retirement plans is to accumulate at least S$1 million so I don’t have to worry about money when I grow old.
Contributed by Ooge