It's all about the money!

I like spending money but I love saving it more. I know this sounds weird but I get an adrenaline rush when I see there's lots of cash in my bank account. However I am very very bad at investing my money.

I'm scared of risks and I wish I could just put all my money under my pillow for my retirement fund. But looking at the inflation rates I know I have to take charge and think on how to save so that I don't burden Sarah when I'm old.

So instead of buying Female or Glam to browse through the latest handbags, I bought Personal Money to help me understand more about finance. I still am clueless on all this stuff but I did get some key takeaways that I'm trying to adopt now:

1. Always pay yourself first!
This is such a great tip. I usually just save the balance of what ever I have spent that month. So now, I will immediately make sure I transfer at least 10% of my pay to my Tabung Haji account. This way I force myself to save money for my Hajj too.

2. Diversify!
This also makes sense. You don't want to keep all your eggs in one basket right? So you should always invest in different things. Don't just dump your money at one place. I'll share with you later how I plan to achieve this.

I'm still trying to understand all this money business so I welcome any tips anyone else would like to share!