Side hustles are works you do to earn extra income besides your job. It could be something you work for and deliver value to other people and get paid. Side hustles can be walking dogs, babysitting, delivering homemade meals, and so on. Side hustles can also be a side business you are building and selling online. For example digital products, online courses, or building websites for others.

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Side hustles are works you do to earn extra income besides your job. It could be something you work for and deliver value to other people and get paid. Side hustles can be walking dogs, babysitting, delivering homemade meals, and so on.

Side hustles can also be a side business you are building and selling online. For example digital products, online courses, or building websites for others.

There are 3 main reasons why you should create side hustles


Since we launched the money course and weekly Fast Track Money YouTube live, I have encountered many people asking me how should they invest. But before start thinking of investing, you should first build an emergency fund.

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Nearly 25% of Americans do not have emergency funds. And if you ask if they can cover a $400 unexpected expenses, 59% of Americans said they could not, they have to either borrow from someone or sell something.


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In the weekly Fast Track Money YouTube live session, I discussed with Financial Imagineer, who personally has three properties in three countries, shared with us, what are things you should pay attention to as a foreign investor in real estate


Many people dream of being financially independent, therefore there is a growing FIRE (Financial Independence and Retire Early) community globally. Being frugal is one of the dominating philosophy to help anyone to achieve financial independence. Some take it to the extent that being a completely frugalist so that the person can achieve financial independence much faster. However, I think it is a bad strategy. Here is why.

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Financial Independence Number

According to the trinity study, based on the 4% rule, you can calculate your FIRE number by

Financial Independence Number = yearly living expense x 25

If you withdraw 4% of your total asset annually, it will be sufficient for you to live while still preserving your wealth because your investment return is expected to be at least 4% per year. If you want to learn more about how this works, you can read my article <Do This To Retire Early>.

As you can imagine, the lower your yearly and monthly living expense is, the smaller your FI number will…


Unlike houses, you can rent or buy, a car is a totally different story. Either you lease or buy, you are losing money every single day. Because by nature, cars are depreciating assets. What you need to look at is how to minimize your loss if you decided to own a car.

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Photo by Devon Janse van Rensburg on Unsplash

In our Fast Track Money weekly YouTube live session, I asked Financial Imagineer several questions about the lease and buy. It is interesting to reflect ourselves what is our motivation to own a car. If you really need one, how you can find the most value-for-money option.


I researched those 3 books that I believe will help me to stay focused, patient, and productive.

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Photo by Greg Rosenke on Unsplash

1. Deep Work

One book from Cal Newport I really like is <So Good They Can’t Ignore You>. This book left me a great impression so I am eager to read another well-known book from Cal Newport — Deep Work.


On Fast Track Money Weekly YouTube live, I talked with Financial Imagineer on the topic of renting vs. buying. It is a very hot topic for many people. There are so many factors to be taken into consideration, if you neglect them, they will come back and hurt you. It might be too late to regret, as we know, a property is not so liquid. Let’s see what are the pros and cons of each scenario.

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In countries where renting is a popular choice, the majority will live in a rental apartment or house lifelong. There is the stability of rental expenses and lease period. For example, around 60% of the population rent in Switzerland, so 40% own homes. However, around 91% of the population own homes in Singapore. The big difference is a result of the cost of owning vs. the cost of renting.

Cost of owning

Besides the purchase price, the costs (and savings) associated with owning a property are

  • Interest payment. If you borrow money from the bank, aka having a mortgage, you pay interest to…

Chinese Baijiu is the world’s most consumed and best-selling spirits. But it is less known in other countries. Even though Baijiu generally is not cheap, the sales are growing, the share prices of distilleries are consistently climbing. There is even the Chinese Baijiu index ETF which has a 132% return in one year. Today we are looking at the cultural reasons behind the impressive performance of Chinese Baijiu ETFs.

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Baijiu is the world’s most consumed and best-selling spirit

If you have not yet been to China, the chance that you have heard of or event tasted Baijiu is close to ZERO. Because each year 17 billion liters of baijiu produced every year, only 20,000 liters are exported from its native China, according to the country’s National Information Centre of Customs General Administration. You might have not heard of it, but its importance is not negligible.

Kweichow Moutai is the largest producer of baijiu and the world’s most valuable liquor company — with a market capitalization of more than $145 billion. While Diageo, a British company that owns some…


Banking in Switzerland is utterly more expensive than in Singapore, although you might say the 10 or 20 Swiss Franc per month is not so much if you add up all the debit cards, credit cards, and foreign exchange fees, it is not a small amount. But, there are free banking services in Switzerland for those who do not want to ‘waste’ money on the paid options.

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Photo by CardMapr on Unsplash

I am used to the zero-fee cards in Singapore, where you can apply for debit cards and credit cards paying zero fees. Once you used the card enough, you can apply for the fee waiver. It is very easy to exceed the amount you need to spend on the card, practically it is for free every year. For debit cards, as long as you have a low minimum balance, the monthly fee is waived. When I moved to Switzerland, I was shocked that the bank fees are so high.

For example, if you open an account with UBS or Credit…


Many people are afraid of investing due to all sorts of reasons. I have posted on my Twitter account asking: what are the common investing myths you know? A lot of people commented in the tweet. I, therefore, asked Financial Imagineer if those are true or false in the YouTube live.

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Myth 1: I need to have a lot of money to start investing

You can start investing as little as $1. You do not have to have a lot of money to participate in the wins of companies. In the past, due to limited accessibility and high entry barrier, people need to put down some amount to buy shares. But now, with the technology and mobile devices, anyone can download apps such as Interactive Brokers or Trading212 to start investing with a little as $1. What is even better, if you register Trading212 using this link, and/or use code FMXbdHfCafter depositing some money, you will receive a free share. Voila, without even trading…

yasi

🎧 Host of Fast Track Podcast |Career|Money|Entrepreneurship https://www.fasttrack.life/

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