Smart Money: saving
Sites for saving by not spending
It is all too easy to spend first and save last in Hong Kong when there are so many temptations. Some might call it impossible. This site is built around the concept that you can save money on any budget by taking advantage of any chances not to spend. By committing yourself to a discipline, you can start regular and irregular savings programmes detailed in their blogs.
Ambitious wealth builders who display an appetite for investing risk, but the humility for penny-pinching, will enjoy this blog. The writer's day job is in the hospitality industry, so he shares your struggle to earn, save and invest. His investment style and stock-picking methods emphasise fundamental, value investing tactics. He is a big fan of passive, buy and hold investing so his explanations are easy to understand. Most of his thoughts on saving also assume you are a "poor investor".
While the wealthy are served by dedicated financial services that help them make money and grow assets, the middle class are on their own. This site helps you look beyond earnings and think in terms of assets where financial resources represent more than salary. Practical sections on cash flow and how to make it work for your family explain ideas that work in many areas of your life.