MY GOALS TO BECOME A MILLIONAIRE BY THE AGE OF 30: ARCHIVE 2

MY GOALS TO BECOME A MILLIONAIRE BY THE AGE OF 30: ARCHIVE 2

 

Gosh. It’s been 6 months from my last update and I owe some of my reader’s on what I have been doing to achieve my ultimate goal of becoming a millionaire.

It’s not easy.

But, if I were to make it, then probably I could prove a point that anyone can become a millionaire with the right amount of resources and determination. (Resources: Books, information, and people).

So previously, I’ve set these goals for 2017:

I am a millionaire by the age of 30

  1. Create a website, write about my experiences and get traffic for it (Update: my website has been averaging 2 page views a day. Not bad considering how infrequent i have been updating the site).
  2. Create an app, android preferably and host it in Google Play (Update: Me and my friend are currently working on a business model and I am trying to learn and get as much information as I could on how to create an app. I’ve been using freelancer.com, udemy and also youtube to learn these valuable skills. I don’t think publishing an app by the end of 2017 is possible at this rate. But at least we have something). 
  3. Save at least 20% of my income (RM1000) for compounding interest savings account (Update: Come June 2017, I took out most of my savings from my ASB account, roughly RM10k for a project and for my mom. I’ll explain it afterwards)
  4. Learn a new language and master it by 6 months (Update: I enrolled to a mandarin class, at Sedamai College in Bintulu; the fee was RM1400 for a class of 3 months starting from June to August. It was more to beginner mandarin and I’ve learned some basics word and pronunciation. I’m currently in the process of looking for a Mandarin tutor in skype for me to practice my mandarin this October. It’ll be a waste if I were not to practice the words that I’ve learned in my mandarin class). 

I am Married by the age of 30

  1. Save at least RM10,000 in my marriage bank account (Update: Roughly RM2k at the moment. Still possible with a 30% success rate.)
  2. Learn and understand marriage, in religious and life aspects (Update: Truthfully I didn’t spend much time on this.)
  3. Understand my partner better (Update: This. We had more fights than we ever did in 2016. But atleast I understand her better now.)

I am healthy

  1. Buy a bicycle and get myself riding at least once every two weeks (Update: I’m going to scrap this. Instead I’m going to set as playing tennis at least once every two weeks which I am actually doing.)
  2. Gradually stop smoking (Update: Tough one. I did stop smoking for almost 2 weeks when I had one of my worst food poisoning experiences ever in July. I still habitually smoke. But 3-5 sticks a day compared to 5-7 during the early years. Progress!)
  3. Eat less and go for a proper diet plan (Update: I can say that I certainly fail on this one. I’ve gained a staggering 12kg ever since I came to Bintulu in 2015. Too much sugar and too much food. I’ll use lean six sigma to help me on this.)

Right, so those are my current updates on my track to become a Millionaire by the age of 30. I’ve mentioned that I took out almost RM10k of my savings right? So I used that money to give my mom for house renovations and Hari Raya celebrations back in June. The rest of the money was used for me to a rent a shoplot, at Matang for a business that I’ve currently working on with my cousin and group of friends.  And oh, I’ve bought myself my first house and built a rig to mine cryptocurrency. I’ll share those information on a later post. I’ll keep you guys updated!

How’s your goal for 2017 going on so far? Did you progressed or closed any?

 

Bagaimana melabur ASB melalui Maybank2U

Bagaimana melabur ASB melalui Maybank2U

Jom kita blaja macam mana nak top-up pelaburan ASB menggunakan Maybank2U. So takpayah nak bazir minyak, baris panjang2 dekat kounter ASNB, bank ataupun pos.

1st korang kene daftar dulu. Kalau korang dah daftar boleh skip ke Step 7.

Step 1 – Log in Maybank2U dan click INVESTMENTS.

2nd Step – Click ASNB Unit Trust

 

3rd step – Click add. (Kalau korang tak daftar lagi nama ASNB owner tak dipapar macam gambar dibawah).

Step 4 – Dekat product name akan ada drop-down list. Click Amanah Saham Bumiputera atau mana2 produk yang nak di daftar.

Step 5 – Baca dan tick box terms and agreements.

 

Step 6 – Isi membership no. (dekat buku akaun ASB), member ID type (bergantung kad pengenalan yg ko pakai), member ID no. (example: no. IC) dan nama. Click continue. Lepas isi, Maybank akan hantar application kepada ASNB dan akan mengambil 1-3 hari kalau apply pada hari bekerja. Kalau apply masa weekend ataupun cuti awam, application akan di proses pada hari bekerja seterusnya. Settle.

Step 7 – Ok lepas dah successfully registered, dekat summary nanti ada nama korang dekat bawah macam nama aku yang tertera. Untuk top-up, click ASNB payment.

Step 8 – Dekat drop-down menu click unit holder or akaun yang korang nak top-up.

Step 8 – Baca dan tick box terms and agreements.

 

Step 9 – Letak amaun pelaburan yang korang nak letak.

Step 10 – Done!

My Goals To Become A Millionaire By The Age of 30: Archive 1

My Goals To Become A Millionaire By The Age of 30: Archive 1

TotallyMotivated

*This would be a series of posts that tells my readers on how I will became a millionaire by the age of 30*

I’m 26 this year and after 4 years I’ll be 30. 30 is the age of where most people think its the beginning and end of the decade that may be marked by significant life changes. If you’re not earning a stable income or atleast traveled alone or maybe a Masters Degree, you probably wasted a lot of your time either playing too much games, drunk or stoned. (Atleast that’s what the current society wants us to be – why can’t just everyone be a millionaire?)

I wasn’t raised in a rich family. Neither my family was poor. My dad was working as a security guard and my mom was working as a subsitute teacher. My dad used to bring me to kindergarden using his motorbike and I used to walk 30mins and crossed a river to school, went to a journey of bus rides and flights to and from university. I also got kicked out from my first corporate job in less than a year because the economy was trash.

Now here I am, an engineer for an oil and gas company (Malaysia Liquified Natural Gas – MLNG) and working hard paycheque after paycheque. The pay is good, it’s higher than what most Malaysians earn at my age but being the only one working in a family of 5, divorced parents and with my sisters still studying does take a toll on how much you can save each month.

“Survival goes not to the strongest or smartest of the species, but to the one most adaptable to change,”

I’m taking a step forward in this tough time with ever increasing job cuts, retrenchments and living costs to adapt in such environment, a few measures to adapt by first; creating a goal on what I’m going to do for the year 2017.

But before that, let me talk about goals. A lot of people know what goals is about. It is something that you want to achieve which effort is directed. I’ve set a lot of goals in my life before, but I realized that I made one huge mistake – I didn’t break my goals into tiny little pieces.

So here are my Top 3 Goals Before The Age Of 30

  1. I am a millionaire
  2. I am married
  3. I am healthy

I’m pretty sure some of you would be asking, how would I become a millionaire, how am I going to be married and how am I going to stay or be healthy?

So I break my goals further down into

What should I do in 2017 to achieve this?

I am a millionaire by the age of 30

  1. Create a website, write about my experiences and get traffic for it (Done)
  2. Create an app, android preferably and host it in Google Play (Q4 target)
  3. Save at least 20% of my income (RM1000) for compounding interest savings account (Doing it religiously)
  4. Learn a new language and master it by 6 months (Iban/Mandarin – currently learning mandarin)

I am Married by the age of 30

  1. Save at least RM10,000 in my marriage bank account (Q4 Target)
  2. Learn and understand marriage, in religious and life aspects (Ongoing)
  3. Understand my partner better (Ongoing)

I am healthy

  1. Buy a bicycle and get myself riding at least once every two weeks (Q3 Target)
  2. Gradually stop smoking (I’m smoking an average of 5-7 cigarettes per day – Q4 Target)
  3. Eat less and go for a proper diet plan (Eating less sugar and less trans food).

So as you can see here I’m breaking my goals to achievable ones – goals that I might be able to do and is not within my reach. You should try it too and see how it might help in transforming your life to the better.

 

 

Engineering 101: Process Design Engineer At Bumi Armada Berhad – Part 1

Engineering 101: Process Design Engineer At Bumi Armada Berhad – Part 1

My first job working as an engineer is at Bumi Armada Berhad. It’s a FPSO (Floating Production Storage and Offloading) company and is based in Kuala Lumpur.

I was working in the Oilfield Services (OFS) department in which my main responsibilities were designing topsides for floating productions and sourcing out projects. There was a lot of projects that I’ve participated in, such as

  1. D18 Water Injection Facility
  2. MASA Feasibility Study on using Early Production System
  3. Refurbished topsides (Sourcing, commissioning, negotiating and procuring).
  4. Angsi CEOR Floating Barge Feasibility Study
  5. Design Concept Study on Early Production System

Any many more.

My first day in the office was nerve wrecking. I stayed at Wangsa Maju together with a friend of mine, Luqman and I remembered taking my first LRT ride to work. It was jammed pack and I felt anxious. Coming from a place where I ride river taxis to school/part time work and now riding a train to the concrete jungle of Kuala Lumpur; everything seems just too good to be true. It was.

My first day of the engineering corporate world was nothing short of spectacular. In the OFS department, there were a lot of people from top companies such as Shell, Schlumberger, Petronas and other overseas companies working here in Bumi Armada. Most of them left their current positions as Bumi Armada paid much more compared to their current employers and I kid you not, these people are considered as the cream of the crop on their previous jobs. I was lead by a lead process engineer, Nik Azhan; and I remembered when I met him, he taught me about the important principles of engineering, which I’ll share later on a post.

I had a colleague who was the same age as me (23) when I entered Bumi Armada – he was Asyraff; graduated from UTP in petroleum engineering. Both of us usually hang out together during lunch and on certain nights play futsal at Ampang’s Sports Planet or at a court which I could not remember at Wangsa Maju. We bonded well and had a fair share of laughs in my stint at the company.

In this sharing I would not talk much about my personal experiences except for this post as I would like to share to my readers on the engineering knowledge that I’ve acquired. I’ll probably share a few personal experiences; but only in a hint as the engineering experience is what matters the most. In my next post, I’ll share about API standard. The first engineering standard that I’ve learnt. Please do tell or share with me if there’s anything you would like to know more! I’ll be happy to share with my readers. 🙂

 

Engineering 101: Why I Chose To Be A Chemical Engineer

Engineering 101: Why I Chose To Be A Chemical Engineer

­­I hate to say it, but I chose chemical engineering as my dream occupation because I loved chemistry when I was in high school.

As I progress myself as a chemical engineering student, I’ve realized that chemical engineering is indeed interesting, useful and rewarding. Some of my points are as of below:

  1. Chemical Engineers acquire a wide variety of skills
  2. Chemical Engineers are highly employable
  3. Chemical engineering offers many exciting career choices
  4. Chemical engineering is not a restrictive choice
  5. Chemical engineers can change the world

Before graduating, I was interviewed by a number of companies such as CIMB, Khazanah Nasional, Celcom Axiata and Teach for Malaysia. They acknowledge that engineers are capable bankers, analyst, managers, and teachers. I did receive a few job offers from those companies, but I prefer to be working with an engineering firm so that I could be exposed to the technical aspects of what engineers usually do.

Again back to why I chose chemical engineering; while I was in high school I used to teach my friends about chemistry because I loved the subject so much. After school, I’ll stay back and go the library and teach them about the periodic table of elements, how to balance chemical equations, electrochemistry, etc.

My additional mathematics teacher, Bidari was a chemical engineer. During his classes he will talk about his experience working as one, applying his chemistry knowledge to solve daily technical problems in plants. He talked about the importance of understanding chemistry and the role of mathematics in solving these problems. I was good in both, so it makes good sense that I should be a chemical engineer.

I remembered I was asked this question when I was applying for a job in Bumi Armada – my first company that I’ve worked for; why did I choose engineering?

I told the HR manager that it was simply because I love chemistry and mathematics but she wasn’t sold. She said it was bullshit and she asked me again, why did you choose engineering?

So I told her the real truth;

“I can make lots of money. Get the oppurtunity to travel and go to sponsored events,”.

I wasn’t joking when I said that. The HR manager nodded and praised

“That’s right. That’s why you chose engineering. Was it hard to say it?”

“No.”

“Good. Now you should proceed with your next interview process with the Senior HR Manager. All the best!”

There it is. The bold truth on why I chose engineering. I’ll talk about my first job at a later post. What’s your real reason you choose your desired career path?