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Who Wants To Buy Kumar's BAO BAO Bags?
8 Days
|December 14, 2017
The comedian has ditched his designer bags for a frugal lifestyle. He’s cancelled his credit cards, he doesn’t even own an ATM card, and withdraws money daily. What happened?
The Moneymaker:
Kumar, 49. The comedian is celebrating his 50th birthday next year with a Golden Jubilee show called Kumar50. When he turned 40, he Marie Kondo-ed his wallet by getting rid of his credit cards and cutting down on unnecessary expenditure, choosing to spend cent-sibly instead.
HIS HOME: A four-room flat in Serangoon North, where he has been living alone for the past three years.
HIS RIDE: “I flag a taxi. I don’t use [apps like] Grab or Uber. I still have an [early model] Samsung Note 4, I don’t have a laptop, and I’m not even on social media! I just spend my time watching TV or having friends over to chit-chat, or playing with my dog.”
WHAT’S IN HIS WALLET: Cash, and nothing else. “I cancelled my credit card before I turned 40. When you’re a spendthrift, it’s not good to have a credit card. I’d go drinking with freeloading friends and become too generous [with treating people] when I got tipsy. I don’t have an ATM card either; I just calculate how much money I need every day and go to the bank to withdraw cash from the bank teller. If I can’t go to the bank, I borrow some money from my sister who stays near me.”
This story is from the December 14, 2017 edition of 8 Days.
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