Financial freedom sounds like a dream, right? But let me tell you—it’s not impossible, even if your monthly salary is just RM1,700. The key is knowing the three traits of financially free people and applying them consistently.
So, what exactly is financial freedom? Simply put, it’s when your passive income covers your lifestyle—so you don’t have to rely solely on active income from a job. Sounds amazing, right? Let’s break it down.
1️⃣ Don’t Rely on Just One Source of Income
Think about it: if your salary is RM1,700, saving even 10% means RM170 a month. That’s something, but not enough to build real wealth. The solution? Add more income streams.
You don’t need 5, 6, or 7 streams overnight. Most millionaires start with one, then gradually add more as they master each.
Focus on high-income skills that are relevant today—like:
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Marketing & sales
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Video content creation
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Editing & social media skills
These skills allow you to earn beyond a salary ceiling, especially when applied to your own projects. For example, public speaking or creating viral content can pay you hundreds or even thousands per hour once you build value.
Remember: don’t just work for someone else’s paycheck—build skills that generate unlimited earning potential.
2️⃣ Invest Your Savings Wisely
Don’t let your money sit idle in a bank account. The rich know a simple rule: make your money work for you.
Even small, consistent investments can grow into something huge over time. Start with:
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Mutual funds or ETFs
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High-return savings instruments
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Other investments with consistent returns
The trick is consistency. Don’t wait until you’re older or have “enough” money. The best time to invest? 10 years ago. The second-best? Today.
Start small, learn, and gradually increase your investment as your confidence and returns grow. Over 10, 20, or 30 years, the compounding effect can turn modest savings into significant wealth.
💡 Pro tip: Before investing, make sure you have at least 6 months of salary as an emergency fund.
3️⃣ Master Your Cash Flow
This one’s simple but often ignored: spend less than you earn.
Even if your salary increases from RM1,700 to RM10,000, if your expenses match your income, you’re still not building wealth.
Start by saving a small percentage—1%, 5%, or 10% of your income—and gradually increase it. Even RM17 saved today can start the habit of disciplined saving and investing.
The combination of multiple income streams, smart investing, and disciplined cash flow is what separates those who achieve financial freedom from those who don’t.
The Bottom Line
It doesn’t matter how low your starting salary is. With the right financial knowledge, consistent investing, and discipline, you can reach financial freedom. The path isn’t always easy, but it’s definitely achievable.
And speaking of building wealth, here’s something I personally use to grow my money:
💡 Try Versa – Your Wealth Management App
I’ve been using Versa, managed by AHAM Asset Management Berhad, to grow my money effortlessly. It’s super easy to navigate, and you can start investing with as little as RM100.
Sign up with my link and get RM10 instantly after completing the steps below:
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Download Versa: https://download.versa.com.my/1bAf/referral?deep_link_value=UAVR6K5X
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Sign up using my referral code: UAVR6K5X
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Complete the onboarding steps
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Make your first cash-in of minimum RM100 into any Versa product
💰 Start growing your money today and take one step closer to financial freedom!
