As I continue on my quest to be financial independent and improving my money management knowledge, I came across the F.I.R.E movement (Financial Independence, Retire Early) that is popularised in the United States. After some digging, it seems that this sort of lifestyle may not be suited for everyone as it involves living frugally and eventually achieving financial freedom to quit your job and retiring early.
Here comes David Bach's money management book on The Automatic Millionaire.
Forget about Budgeting.
David touches on small simple yet effective actions to make your savings automatic because he knows that most of us do not have the discipline to invest and save up regularly. By automatizing such actions, he is able to give insights to readers on how over time, such small savings and actions can add up. Hence, amassing sufficient money to retire and not living from pay check to paycheck.
This book is recommended for all of us who feels that their bank account is not growing as much as they want to be. Do share your thoughts in the comments section below and I would love to hear from you.
This book touches on the common experiences one faces in the office. I have worked in a few places before and I can say that politics is everywhere. Rather than avoid them, why not face it? Certain issues one faces at work are more prevalent which is worth taking note of. This book also serves as an emotional intelligence exercise to see how well you fare in such political situations.
I have summarized the key points in this book below. Feel free to comment below whichever experience you face at work. And if the recommendations the author presented is helpful.
Also check out my related posts on similar topics such as How to Retrench Proof Yourself and How to Negotiate Your Salary.
As much are you come prepared with answers for an interview, you will not want to be not be caught off-guard during salary negotiations. Even if you know the market range for your job, chances are the recruiter will likely counter-offer with a lower than expected amount. The key is not to accept the amount offered immediately. Rather, see this as an opportunity to negotiate.
The following scenarios will help you think through how to respond when recruiters throw the curve-ball at you so that you will not be flustered and agree to their offer right-away.
What is Re-Financing of Home Loan?
Re-financing of mortgage loan is the act of switching your home loan to a different bank which offers a more attractive interest rate.
Note that this is different from re-pricing of home loan, where the user stays with the current bank, albeit taking up a new loan package with the bank.
