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How To Calculate Your Economic Net Worth
Do you know your net worth? I have to admit this question scares me. As someone who loves tracking her expenses and investments, I have long avoided actually calculating my net worth. Naively, I thought that by age 28 I would have accumulated a net worth worthy of someone who’s well on their way to financial independence. But that’s hardly the case anymore. Your Financial Net Worth The simple calculation for net worth is this: Take all the assets you own and subtract all the debt you have. Voila, you have the dollar value of what you are worth in this capitalistic society. Assets – Liabilities = Net Worth In…
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Costs of Mental Health Treatment in Malaysia
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Mid-Year Review 2019
We are now at the halfway point of 2019. I am positive that all it took for us to get here was a blink of an eye. Money The first order of business is a budget update! I’ve cumulatively included both May and June expenses since I was on a hiatus. Over the past two months, my expenses in Singapore averaged SGD2,530 per month. There were many large one-off expenses that I made including: lending money to friends and family buying a book on Amazon (which is still stuck in customs!) converting SGD995.20 to MYR, which provided me with approximately RM3,000 for investing I also applied for a US visa….…
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The Costs of Being A Woman: Why I’m Choosing Not To Pay Them
This post comes after a lot of thought. Thoughts that I’ve mulled over for most of my twenties. Thoughts that have led to purchasing decisions, that have led to where I am today. The day after International Women’s Day, I was at a baby shower thrown for a heavily pregnant woman, who was a literal stranger to me. There I was, no idea who anyone was. To make the situation more awkward, I sat across a chatty young mom holding her 9-month-old girl precariously in her arms. “Only have children when you’re really ready for children,” she warned me. That struck me as odd coming from a new mom. In…
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Month in Review: February 2019
Hello, readers! Hope you’re all well. I took a bit of a hiatus (unintentional) in February, mostly to deal with a stressful workload. Truthfully, I was also feeling uninspired, having a dreadful writer’s block. Consistency has always been a struggle for me, especially when my attention is spread very thin at the moment. How do some of y’all do it? Like, how do you juggle a job, all these side-hustles, write blog posts, exercise, meal prep, read, and have a social life without having a fucking burnout from doing too much? Please message me your secrets, I’ll pay good money for ’em. I apologize for the social media absence as…
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Struggles of a Malaysian Shopper: Expensive and Lacking Quality
By Vanessa Ee-Lyn Gomes Raise your hands if you’re curvy and have a sense of fashion but nothing ever fits and is too costly. This seems to be a common problem in Malaysia. Shopping has always been a chore for me since I was young. At age 10, while most girls hadn’t “developed” yet, I did.Thus, upgrading my clothing choices to more mature selections of larger sizes, the kind suited for teens. It wasn’t particularly age-appropriate clothing, but it fit. While, most of my friends wore shirts with The Powerpuff Girls and other favourite cartoon characters, I was left wearing plain-coloured t-shirts and blouses. It didn’t stop there. As I…
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2018 Portfolio Recap
January is almost coming to a close and I’m finally getting around to doing a summary of my portfolio for 2018. Better late to the party than never, right? Believe it or not, my portfolio is still relatively new. I started my long-term investing approach sometime in August 2017. Throughout 2018, I slowly built a modest equity portfolio comprising of five stocks. If you’re an avid reader of this blog (hah, it’s probably just me), you might be familiar with said stocks by now from my monthly(-ish) portfolio snapshots. I’m going to share the actual numbers from my portfolio. In the past, I hesitate to reveal them because I felt…
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My 2018 Expenses and Income
Some days ago I read a blog post from Suraya of Ringgit Oh Ringgit in which she reveals her annual income and expenses for the last year. I thought, “Hey, I’ll do that too!” Naive, little ol’ me thought that this was going to be an easy breezy fun post to write. I was sorely mistaken. I spent the whole weekend confronting the numbers that my year essentially boiled down to. The more I looked at them, the more anxious and afraid I became about sharing it with the world. It’s one thing to hold those numbers close to yourself but it’s a completely different thing to let other…
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My Stock Investing Workflow: A Step-by-Step Guide
A common phrase I hear is “I want to invest in stocks but I don’t know how to start”. My usual reply to this is, “It’s not that hard to learn, just gotta start somewhere.” For a while, I felt like people just didn’t want to put in the time and effort to learn. After all, there are so many free resources out there to help you get started. These days I’m much more forgiving in my opinion. People just don’t have the time nor can afford to put in the effort to learn. They have jobs, families, relationships and so many other commitments to worry about. I don’t blame…
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Month in Review: December 2018
Reviewing my budget and expenses for December 2018
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Month in Review: November 2018
Money November saw some huge expenses that ate up a lot of my budget. In my last review, I mentioned that there’s going to be bigger car expenses in November. Can you imagine, I spent RM2k just on my car?? As time goes on, I become more bitter about owning a car. Back in college, a car felt like a privilege, now it feels like an unnecessary burden. A few times I’ve thought about selling off my car but other people in my family depend on the car as well. Adui, I feel a bit sakit hati looking at the numbers. I spent about RM200 on a facial (under personal) in…
