Category Archives: retirementplan

What is Money?

It has a variety of meanings for many people. But for me, money is just a tool to satisfy our needs and wants. My retirement goal is to stay away as far as I can from something that required money. You need to ask yourself, what money can satisfy your needs and wants? To me, my need is food. I don’t buy much clothes. I don’t buy much shoes, or bags. It’s foods, water bill, electricity bills,  internet bills and a house I can call a home.

I want to retire earlier than compulsory age. I want to have a living where I don’t need to worry about bills, mortgages, and foods. my focus for retirement is to go back to basic life and needs. I want to be away from massive traffic jammed. I want to be away from toxic circle friends and families. I just want to be alive and enjoying each my day n seconds, glorifying life surrounding me. I had enough of this fake world and getting back to real purpose or living.

I set my target, to retire in the next 10 years, insya Allah.

To be continued…

Love, Sofia

Source: Google

New Chapter of My Life 😍

Hello friends!

Wow, it’s been 10 months since I updated my blog due to workload and stress. Finally, I’m freedom from Corporate World! haha, temporarily 😃

I was thinking, due to economy not stable etc, our daily expensive increase significantly lately. I know I need to do some side income, because daily life these days becoming soo expensive. I’m still survive, because of my minimalist living. But I want more than enough so that I can help those who need it, especially my families.

I’ve seen in front of my eyes how people who used to have millions in their account on surviving mode now. In my country, Malaysia, most people are working in Corporate Company, having EPF (Employees Provident Fund) saved monthly with free contributions from employer, monthly. But, I saw when they reached 55 years old and finished their saving money even before they reached 60. It’s stipulated in my mind that I still need to work even though I reached a mature age of 55 years old to take out my money.

Here is the thing on what usually happened, when someone reached 55 years old, most scammer can “smell” the new money. So, mostly people will fall for scammers. Well, I don’t wanna be such. I wanna build my own business right now, so by 55 years old, it can run itself with minimal supervision.

If you wanna get into business in Malaysia, you need to register SSM (Suruhanjaya Syarikat Malaysia) and choose an appropriate type of business. Well, it was not a smooth process for me, but eventually I managed to get my SSM certificate. Yay!!

So, here we go, bismillah to start my business. 

pssstt, well, I had eventually finished renovating my new home. Will share in the next blog on my new renovated home and share some tips on how to manage new house renovation from the beginning. 🥰

till then, to be continued…

Love, Sofia ❤️

p/s: Notes to my corporate world: 😝

Ola 2025!! Como esta?! 😃

Hello!! Hello!!!! HellooOooo!! 😃😃😃

I think it’s not too late yet to wish ALL of you, A Happy New Year!!!!

This year is a huge year for me as I’d accomplished most of the things that I want in my life. Wee!! 🥳

It’s been 7 years since I was becoming a minimalist. Below are things I had achieved throughout my journey 🥰

Things I’ve achieved by being a minimalist for 7 years:

  1. More space for my home: I have sold and donated a lot of my things such as dresses, aquariums, exercise tools, etc. I just recently shifted to my a new home which already has a gym downstairs. So I won’t need boxing glove, boxing wraps, boxing knee pads, barbell etc.
  2. More savings for mental happiness: When I stop buying clutters, I have some enough money to go to spas, hotels, and resorts. Recently there are a lot of websites which you ca have a  cheaper price for entrance, hotel rooms, theme parks. Mental health is as important as physical health too. By being a minimalist, I’m morefocusedg on balancing both my physical and mental health.
  3. Career goal achieved: This is not easy things to have, but I combined with my faith that to achieve a good environment,  good colleagues and bosses and achieving my desire salary. I’m successfully balancing both desire salary with good environment by end of 2024. Alhamdulillah, praise to God. 🤲
  4. More savings for other property: Well, I have 2 properties now. One of it I rent it out, and another one I’m staying with right now. initially, I didn’t plan to have 2 properties. Luckily, support by our government before, in the year 2021, I managed to get another one property. I was thinking this as backup retirement plan when the retirement money finished, so I have property to rent it out. It’s not easy if you need to repair on structure such leaking pipe, leaking bathroom etc. I’m trying to get rid of one property, but unfortunately, I’m still not success. So, I just rent it and be my backup plan. It’s not urgent to sell too, so I just keep the 1st property as a backup plan.
  5. More savings for additional retirement plan : Yes, I’m buying another insurance just cover the remaining years, coz for the 1st propert, my loan was for 35 years, however the insurance only cover for 30 years. The second property loan was 35 years, and insurance just cover for 20 years. There is a huge gap and I just buy 1 insurance to cover the missed gap 😃. Other than this, I’m having another insurance which is the maturity age of 70 years old. I still thinking the best way for retirement plan other than the KWSP funds. I don’t think KWSP is enough for a retirement plan due to high raise inflation.
  6. Focusing on retirement plan: Other than mandatory fund KWSP, I wanna diverse more funds for retirement savings. I have seen, most retirees will go broke after 10 years of retirement. The savings need to beat the high inflation to these days’ economy.

In term of financial, currently, I’m still recovering from renovation my house and insya Allah in the next 1 or 1.5 years,I will recover my finances fully and have a positive cashflow with cash in my hands.

I will share in the next post regarding how I manage my home renovation without being broke. hahaha!! It might be helpful for those in the mid of renovation your houses. Took me several months to plan out my renovation and being a main contractor to my own house.

Till then, to be continued.

Love, Sofia ❤️

Hey!! It’s been ages I didn’t updates 😃

Wollaa…what’s up, Everybody? It’s been ages I didn’t update my blog. Sorry guys, been really busy these days, weeks, months and about a year. haha!! 😃

Well Well Well, it’s just around the corner, we are about to enter year of 2024!! Hoho!! Time flies so fast…and now the world is ending…hurmmmm.

Well everyone, I’ve successfully managed to live a minimalist lifestyle for about at least 5 years, to be honest, I really love the lifestyle and bring a lot of positive vibes. especially when I stopped buying junk stuff, and selling my junk stuff. Keep my environment clean n tidy.

As for now, I have a new things to unlock, where I’m looking forward a place to settle down and built my own sustainability and zero waste house. Yes!!! U heard it correctly and clearly. I wanna built a family with sustainability and zero waste home. Then, I wanna have my own farm and a run a restaurant. But before hand, it required a loooooooOoooot of research, the risk and impact to each item I wanna unlock moving forward 2024 and onward. WeehoooOooo!!

Babe, to be honest..the minimalist lifestyle makes me having some extras, where I can proceed my future goal on the next level..which is..sustainability and zero waste. Hihihi!!!

So guys, stay tuned! Looking forward for sustainability and zero waste residential and restaurant for the new achievements. Insya Allah 🥰❤️🥰

Love, Sofia

Have you ever think of your retirement plan?

Hey, what’s up everyone? Hope you are all well and in a peace of mind. Insya Allah ❤

It’s been frequently hit my mind lately to plan out my retirement plan. Well, it’s almost 20 years from now, and I think I need to start think about it.

As I walked daily to office, I had noticed that actually I’m forcing myself to go to the office. I was thinking, when my service is no longer required, am I gonna just sit at home, or shall I do something to earn?

Let’s say, from 55-80 years. Most of people are waiting for their employee fund or some pension. Well, I’ve been surrounded with elderly people who even had 1m of saving, however due to poor money management,, the guy need to live as poverty now coz the money is gone on all unnecessary things.

We really don’t know until when we gonna live. If you still alive until 90 yo, how will you manage your expenses during those days? What kind of expenses required? Are you gonna depend on your kids or will you do something to earn?

I think the major issue will be health and food, when we getting older. Food interm of food supplement and medicine. Most of famous diseases among Malaysian are high blood, diabetic melitus, cancer, heart attack and stroke. and another 1 more I was thinking was to make any will. Do I need to make a will, I’m still thinking on that as I had couple of property and funds to take care.

The other thing that trigger my mind. If we die, how about our social media. How do we deactivate all our social media accounts. I guess at least I need to list down how many are there? I need to set everything as preparation for the next life.

Well, I guess for me I will plan out to earn myself by the age of 50. Insya Allah.

Till then, to be continued.

Love, Sofia