Introduction
It is so hard for me to write on this topic. I went back to China last 22 years a lot of times. I always want to purchase a home for myself in my home town Yichun city. Until last year I found out that I cannot purchase a home any more since I am a Canadian citizen starting from 2014.
What is my asset in China?
I do not have any asset except $20,000 Chinese deposited into China bank in 2014. Since I planned to support my late mom. At that time, she started with dementia over 83 years old.
I earned my interest starting 2010, first two years 3.25%. And now it is 1.75% interest annually.
I need to figure out how to build wealth in China. Instead of spending $5,000 Canada for a vacation one month in 2012, I had to support my mom as a daughter. Now I have no excuse to waste money in China, I have to push myself as an adult, and then figure out how to build wealth instead of spending.
I documented my mistake in 2001 to spend $5,000 us dollar on a vacation to China, and also I took extra trip to Mexico to get visa for H1-B first. I learned the vacation costed me money I could pay for a condo in the city of Yichun in 2001.
I learned the lesson to make a plan, adapt to life challenges based on society, countries, and economy and other things.
No comments:
Post a Comment