Imagine hitting your first RM1 million by the age of 40. Sounds impossible, right? But it’s not. I did it in just 7 years, and today I’m sharing the exact formula and system that made it happen. No high-paying job? No rich parents? No problem. All you need is the right plan and a bit of discipline.
Here’s the reality: RM1 million isn’t just a number. Today, for most people, it’s the entry ticket to freedom. Freedom to leave a job you hate, start a small business, or simply slow down and breathe. If you invest RM1 million at just 4% annual return, that’s RM40,000 a year—or roughly RM3,300 a month in passive income. Enough to cover part of your living costs and give you peace of mind.
Hitting this milestone by 40 is crucial. At this age, you might have kids, be at your career peak, and face what some call a midlife crossroads. That RM1 million acts as a safety net, giving you options for the next phase of life.
The Secret Formula to RM1 Million 💡
Here’s the simple truth:
Effort × Leverage = Wealth
Effort: This is the money you can set aside regularly. Even RM600/month counts.
Leverage: This is how your money works for you through investments. EPF gives ~5-6% yearly. Google stocks over 10 years? ~20%. The higher your leverage, the faster your wealth grows.
Increase either your effort or your leverage, or both, and you turbocharge your path to RM1 million.
The System That Works 🛠️
I call it the TASK system:
Track your expenses – Know where every ringgit goes.
Assign every ringgit a job – Treat your money like a team; every ringgit must work.
Automate your finances – Savings and investments should happen automatically, no willpower required.
Keep your lifestyle low – The lower your spending, the more you can invest.
To make this even easier, I use Money Mama, a free WhatsApp-based tool. It tracks expenses, sets reminders, and even nudges you when you overspend. No Excel sheets, no complicated apps—just simple, automated finance management.
My Personal Journey to RM1 Million 🏆
Here’s how I did it:
Step 1: Increased my effort – I set aside most of my yearly dividends and savings.
Step 2: Kept my lifestyle extremely low – I even rented instead of buying a house to save aggressively.
Step 3: Leveraged the right investments – Early investment in Bitcoin and other high-potential assets acted as my multiplier.
Consistency + smart investments = RM1 million in 7 years.
⚠️ Disclaimer: This is my personal journey, not financial advice. Always do your own research before investing.
Step-By-Step Action Plan for You 🚀
Use our cheat sheet to calculate how much you can save and invest.
Track your monthly expenses with Money Mama (free link below).
Start investing! For beginners, try apps like Moomoo, where you can auto-invest monthly and grow your money steadily.
Announce your plan to the world – it keeps you accountable! Comment below your timeline and monthly savings goal.
Bonus: Start Growing Your Money with Versa! 💰
I’ve been using Versa, a simple wealth management app managed by AHAM Asset Management Berhad, to grow my money safely and efficiently. You can start today and get RM10 free just for signing up!
Here’s how:
Download: https://download.versa.com.my/1bAf/referral?deep_link_value=UAVR6K5X
Sign up with my referral code: UAVR6K5X
Complete the onboarding steps
Make your first cash-in of minimum RM100
Start your journey to financial freedom now! 💸✨
