The Business Times

Aiming for that magical million

A Singapore household earning $10,000 monthly could accumulate $1 million in 10-30 years, says CAI HAOXIANG

Published Sun, Feb 2, 2014 · 10:00 PM
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'HONEY', says the brave husband or wife one night. "I've been thinking about becoming a millionaire."

"Huh, just buy the $10 million Toto Hongbao draw next week, lor," comes the uncomprehending reply.

"No, no, I'm serious. I don't want to waste money on Toto anymore, not with my lousy bonus. I'm stressed about working so hard in this city. I'm tired of thinking we'll go nowhere with our financial lives. And I think a million dollars is a nice, round number - big enough to mean something. Of course, life is not about the money. But we can still do a lot of things with it. After all, ai bia jia eh yia (those who fight can win). And we can do this together. So shall we?"

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