{
  "id": 11795979,
  "title": "MONEY THOUGHTS: Succeeding through sequencing",
  "url": "https://urgent.news/2026/10/03/money-thoughts-succeeding-through-sequencing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T23:15:24.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/lifestyle/sunday-vibes/2026/10/1547060/money-thoughts-succeeding-through-sequencing"
  },
  "original_language": "en",
  "account": "Succeeding financially is a common goal, but success varies greatly from person to person. Our unique paths are shaped by our inherent traits and life experiences. To achieve financial success, one must either possess the necessary knowledge or inherit wealth from previous generations. For those without inherited wealth, a step-by-step approach can be followed to build financial strength. First, focus on earning and managing money by increasing active income, working longer and smarter. Next, manage expenditures wisely to create a surplus. In this surplus, consider various forms of insurance, including life, critical illness, hospital, surgical, and personal accident. Understanding the Law of Large Numbers helps justify the transfer of risks to insurance companies. Prioritize saving over investing early in one's career. However, as savings grow, learn about different asset classes like cash, fixed income, equities, real estate, and alternatives. Saving stabilizes finances and emotions, while investing aims at growing wealth faster than inflation and taxes. Delayed gratification is crucial, as it allows for future enjoyment. When retirement approaches, a substantial retirement fund can sustain a long, happy life. Ultimately, using a will and private trust can distribute wealth according to long-term goals.",
  "summary": "EVERYONE wants to succeed financially. That’s a given. But not everybody knows how to do so.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}