Wednesday, December 29, 2010

Income...

came from dinner with Joanna, Kh and Shiling...
we had a very good dinner at Chong Qing Grilled Fish at Mosque street. famed for its grilled fish, we had our fair share of good food and burnt our tongue thoroughly...

it was nice to meet up, especially after i quit my job, im going to be grounded... i can see them more often...
somehow, from the conversations... we moved on to family and how much we are giving our family monthly... little did i realise that actually one of them was earning so much that the person was able to give a 4 digit sum of money to the family monthly and the other one was actually earning ard 8k monthly not including a yearly bonus of min 3-9 months... it really made what i am earning look like peanuts... one of them is going into investment banking too.. which means the income is going to be very substantial as well... What have i been doing??? Im not believing that going through the same education, the disparity in income is going to be so substantial.. not that it is that much, but its just that with comms, im going to get ard 5-6 in my new job, possibly higher if my closing rate is high but I dont wanna be limited and capped by the amount of work i need to do to get that exponential growth. maybe im just super ambitious, i wanna be earning a lot more than what i am now. its not the male-female income retrospect but its just a personal mandate. I will be fine if my wife is earning more than me, like what yiping says. i think i can live with that but that is if i am on a satisfactory level that i myself can agree with. otherwise, i will be looking to increase my income in more ways than one even if i may be earning a lot more than my wife in future.

investments is one way to go, in shares equities and property... one of them is actively in shares that its giving her a substantial amount of returns.. good thing is that she is going to pass her broker contacts to me, so thats one area which i can catch up on. Good thing is that they are not selfish, we share things around. The other one is already looking to buy property... that is something i can afford now thanks to my thriftiness but its going to be hard for me to sustain a savings buffer, shares holdings and property at the same time. On top of that, im looking to start my own business. thats gonna be impossible for now unless my earnings increase suddenly.

I guess for now, I will wanna settle into my new job asap so i can start on my business which i have been hoping to get it kickstarted. I will actively play in the market and try to earn some extra cash to invest in my properties and hopefully through the broker, i can earn some significant amount of money too. Looking into some joint collaboration with kk and beng to deveop housing where i will actively source for buyers for them and earn from it. Hopefully, i might get headhunted elsewhere by these future clients, oil brokering will be good too. I hope they get back to me on that one. From now onwards, I must work very hard, no more happy go lucky. Its my formative years for my future and I'm not about to give it up just like that. only after this, i can think of the rewards i can give myself for holidays and diving trips. I wanna achieve my residual income through my business, passive income from my investments in shares and properties asap!!!