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Tuesday, March 2, 2010

Do you wanna be rich?

I am currently reading Secret of the Millionaire Mind by T. Harv Eker. I have to say that this yearning to be financially free or in layman's term rich or millionaire is back big time.

I know some people think that money is evil and wanting more money is doubly evil. Well, I coudn't care less.

All I know is that money makes life easier. It affords you many of life's conveniences and maybe luxuries. It may not necessarily make one happy but I am sure being broke doesn't make one happy either.

Lately I have been contemplating on buying another condominium unit as an added investment. Currently we have three condo units (bragging alert, bragging alert!!!) in Manila and two are income generating. The other one is yet to be turned over next year.

Hubby is against the idea. He said the mortgage rates aren't too tempting.

But I really, really want to add one more investment. We have been wasting money, shopping and travelling. We are even planning to go to Singapore next month just to shop. And I am thinking, instead of going to Singapore we could use the money to pay for the downpayment of a 1-bedroom condo unit.

We just came back from a shopping trip anyway.....

Instant gratification versus delayed gratification. What should you choose?

2 comments:

witsandnuts said...

Buy another condo instead! =)

mumsified said...

Maybe =)