Buying a property? Never-ending saving money.
It’s possible to find an undervalued property and perhaps even buying it without having to any down-payment. Under-valued property exists in all markets and sometimes, it’s just luck or the ability to spot a good deal once you have found it. Some people may not see it even after you have explained it fully. It’s okay. Investment decision is up to individual. Oh yeah, do we know how much could RM500 turn into in 10 years time if we save consistently? Take a look at the calculation below.
However, for the majority of property buyers, saving up the needed down-payment is a must. Here’s an article about someone who ate at the canteen as it’s cheaper and even ‘staying back’ until dinner time because dinner is usually provided to anyone who is still around when dinner time arrives.
Once upon a time, I tried to save money by eating just sausage and a can of instant spaghetti in tomato sauce. It’s super cheap (Just 11 pence or equivalent to roughly 60 sen then) because these spaghetti are the left over ones from the long spaghetti production. It could be found on the shelves of Tesco’s in the UK. Not sure if they still stock those these days.