I disagree with the old man's philosophy of living. Money is being printed in large numbers and don't hold any value that the functionality of it to purchase items of necessity, joy & fun. It pays the bills of self & family and to run a home. It could have been more than 1 million if it was invested and the compounded yield & interest would be a higher figure. I'll rather invest the 1 million dollars while living in a comfortable home with a frugal lifestyle. But kudos to the old man for his results of a big amount of savings, I'm so far from that. š
What Brings You More Happiness: Saving or Spending?
An 80-year-old man who lives in one such rental flat leads a frugal lifestyle. Yet, unbeknownst to many, his personal savings amount to a staggering SGD $1 million!
Perhaps saving money has become a source of joy in his life. Rather than using his savings to improve his living conditions, he finds greater satisfaction in the sense of security brought by a substantial bank balance.
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Which spending and saving philosophy resonates with you more?
Do you have strict saving plans like the 80-year-old man?
When will or when did you achieve SGD 1 million savings?
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Comments
yes, i agree. The essence of life it to enjoy!! But iām still striving to earn 1 million dollar. Hope we can achieve more in savings!