How I Became A MILLIONAIRE In 10 Steps | Financially Free In Singapore

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  • Опубліковано 19 жов 2024

КОМЕНТАРІ • 41

  • @joshconsultancy
    @joshconsultancy  Рік тому

    payhip.com/b/q5Bln - Links are here early to buy your copy and learn today
    NEWEST eBook HOW TO $1M - What You Need To Know About Finance In Singapore (New 2023 Edition) 👍
    Sales will complete in JULY23

  • @jironghuang4895
    @jironghuang4895 Рік тому +6

    Reached mine earlier this year at age 34 (2m as household). Not an easy journey as I started from negative after graduation. Building towards 10m next.

    • @joshconsultancy
      @joshconsultancy  Рік тому +2

      Happy for u 👍. Basic needs are settled, focus on happiness too k

    • @kkong3670
      @kkong3670 Рік тому

      😅That is impressive. If real..... Hope your wife is not Kim Lim status....... 😮😮

    • @jironghuang4895
      @jironghuang4895 Рік тому

      @@kkong3670 Thankfully no. just normal folks. Graduate couple.

    • @TapAVoider
      @TapAVoider Рік тому

      @@jironghuang4895 No1. priority - Family Insurance (At least 300k CI Term) , medishield+IP & Careshiled + rider) for protection asap. In the event of an emergency such as an illness or accident, you will lose your hard-earned money overnight & fall into poverty. Your retirement years of planning will be derailed.
      2) U need to have a few "Reservoir ready for retirement. Guarantee CPF income as 1st priority. To have a million in your CPF (SA+RA) at age 55. Time is the critical factor. Start early as young as possible & be Patience & have faith in our CPF system. Late retirement planning means that you lose out on the accumulated interest earlier on.

    • @prophunter8865
      @prophunter8865 Рік тому

      U have no outstanding debts? Do u have a prop?

  • @hzt6000
    @hzt6000 Рік тому +2

    just invest in 1 or 2 good growth companies for 10 to 20 years, watch your investment explode from 500k cost to 20M. i am 42 this year, retired from work at 38 but still trades daily. Target to double this in 2 years time.

    • @babibrain
      @babibrain Рік тому

      I agree all your given points.

  • @haydenduran
    @haydenduran Рік тому +3

    Hi Josh. Just wanna ask you. What does net worth comprise of? Is it solely how much cash you have right now (liquidable, investment securities, etc) or does it also include cpf? Would like to know this so that I can correctly calculate my net worth. Thanks.

    • @joshconsultancy
      @joshconsultancy  Рік тому +2

      (liquidable, investment securities, etc) or does it also include cpf - includes all.
      Even property less remaining mortgage. 1/2 if w spouse
      Ive shared in this episode REVEALING MY NET WORTH | 💥How to get to financial freedom | ONLY 37 YEARS OLD ua-cam.com/video/yXpJr82B11c/v-deo.html

  • @joshconsultancy
    @joshconsultancy  Рік тому +2

    payhip.com/b/q5Bln - Links are here early to buy your copy and learn today
    NEWEST eBook HOW TO $1M - What You Need To Know About Finance In Singapore (New 2023 Edition) 👍
    The motivations... ✊
    Have you witnessed poor families struggling to make ends meet? Do you know any of them?
    I do.
    Maybe you come from one, which is fine because this book was written with you in mind. And you can’t choose where you are born. If you aren’t, then you may or may not know that financial problems in poor families are deeply rooted. They cannot be solved with a lottery ticket win. They cannot be solved by financial literacy lessons in school. It simply lacks empathy, real actionable steps and quite simply, lacks inspiration.
    In this book, I hope to guide you on what to look out for financially.
    There are things you must know to play the game of money well in Singapore!
    The title of $1,000,000 is really to inspire you to aim for a sum of wealth you’ve not seen before (yet). If you are unsure, follow this guide and you will get there. Having said that, if you ask most working professionals in their 40s or 50s now, it’s nothing much. I built up more this $1m by age 35 and I want to share with you the steps and what I now know.
    I started the website theastuteparent.com back in 2015 to talk about family finances. You will see proper insurance comparisons and ideas about financial freedom on that website.
    Fast forward to 2019, I created my youtube channel JOSH TAN to explain visually on topics such as investments, property, passive income, business analysis and retirement concepts.
    Then in 2022 THE JOSH TAN SHOW to podcast on day to day finance topics and simpler concepts.
    What I’ve learned teaching about finance these years is that authentic sharing is what would help you the most.
    Inspiration and direction.
    Something relatable and not plain theory.
    And definitely not just motivation.
    In this ebook, I hope to share building up wealth as it should be told to you.
    (All sales will be part of the $10,000/y JOSH TAN BURSARY to NTU for two deserving students or towards promoting financial literacy)
    Hope it helps you in your journey - To get your copy today @ $8.90, links are here =) - payhip.com/b/q5Bln

  • @gyver1985
    @gyver1985 Рік тому +3

    Millionaire in terms of just cash or total assets including house and CPF?

    • @joshconsultancy
      @joshconsultancy  Рік тому +2

      Relax I'm not young already.
      Networth can include net value of property. Cpf can also be included.
      This previous sharing. REVEALING MY NET WORTH | 💥How to get to financial freedom | ONLY 37 YEARS OLD ua-cam.com/video/yXpJr82B11c/v-deo.html

    • @zillguy
      @zillguy Рік тому +1

      I believe the property that mentioned is considered private property and not hdb Right...

    • @gyver1985
      @gyver1985 Рік тому

      @@joshconsultancy Thank you. You are good. :)

  • @clh-pw5om
    @clh-pw5om Рік тому

    very informative content . .!!

  • @geo-publishing
    @geo-publishing Рік тому +1

    Wow u have 300k at 26 is quite impressive. But why slowed down so much from 26 - 33? Should already be a millionaire or more at 33 if based on the same rate.

    • @joshconsultancy
      @joshconsultancy  Рік тому +1

      I burned all my savings and more in an ice cream business

  • @getiingtubed
    @getiingtubed Рік тому

    Excellent!

  • @SurendrenApparoo
    @SurendrenApparoo Рік тому +1

    Just wondering - how has your father been since?

    • @joshconsultancy
      @joshconsultancy  Рік тому +3

      More than 15y into the stroke patient journey already fortunately or unfortunately 🙏
      Reinforces: upgrade ur careshield life if you are 30 and above. Stroke is not death sentence but long term care cost grows

    • @SurendrenApparoo
      @SurendrenApparoo Рік тому

      @@joshconsultancy Understood. RIP sir.

  • @kennerd2300
    @kennerd2300 Рік тому

    Why not get a van in singapore? As compared to owing a car

    • @joshconsultancy
      @joshconsultancy  Рік тому

      Idea idea haha

    • @zillguy
      @zillguy Рік тому

      Currently van is also not consider cheap with the coe price included. Just share as a ex-owner of having a van and become bus,mrt and walk person

  • @user-pt2pc5uf1g
    @user-pt2pc5uf1g Рік тому

    Just join the grassroots when young. Hopefully can be talent scouted n promoted to inner circle. The least can get even if screw up is 8.5K/mth

  • @tedchandran
    @tedchandran Рік тому +1

    Jai Hinduja. Unfortunately I was not able to gain from my Resale flat to become a HDB millionaire.

    • @joshconsultancy
      @joshconsultancy  Рік тому +1

      Oh? Which area and age of flat?
      when did you buy and when did you sell?

  • @daniel98890
    @daniel98890 Рік тому

    You are one of my Inspiration Josh …. Respect 🫡