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A woman used a ‘limiting strategy’ to save 90% of her salary, then bought 2 apartments in 9 years

Tom Hagler by Tom Hagler
13.01.2022
in Business
A woman used a ‘limiting strategy’ to save 90% of her salary, then bought 2 apartments in 9 years
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She also only uses public transport, which she tries to pay for with free online coupons.

Thana Prasongsin/Getty Images

  • Wang Shenai, 32, saved 90% of her salary and purchased two properties in the last 9 years.
  • She and her husband wear donated clothes. They avoid any socializing that involves spending.
  • Her story went viral, but she hasn’t encouraged anyone to follow her example.

Wang Shenai is 32 years old, and in the last nine years, she’s saved almost all of her salary and purchased two apartments.

She achieved all this while raising two children with her husband in Nanjing, the capital of Jiangsu province in eastern China, around 190 miles from Shanghai.

Both she and her husband have undergone a strict money-saving plan that’s involved some major sacrifices.

Her story first drew attention after an interview with Tencent

It went viral, attracting a range of comments and criticism, but she reminded people that she’s never encouraged anyone to follow her example. 

Her strategy is based on saving 90% of her salary, limiting her spending as much as possible. 

This is a habit that Wang Shenai acquired in her childhood, as she explained that she grew up in poverty in a family that was accustomed to saving as much as possible.

The couple have had to wear clothes donated by friends — with the exception of underwear, on which Wang Shenai spends around $15 per year. 

They also use second-hand furniture and avoid any social activities that involve spending money, which means no dinners, vacations, or anything else that might cost them.

She also only uses public transport, which she tries to pay for with free online coupons. 

“The problem is that some people are happy spending money, while my happiness comes from not spending money,” she told Tencent.

Read the original article on Business Insider businessinsider?d=yIl2AUoC8zA businessinsider?i=rnsSlS5M_-c:M6wLI-CkGE businessinsider?i=rnsSlS5M_-c:M6wLI-CkGE businessinsider?d=qj6IDK7rITs businessinsider?i=rnsSlS5M_-c:M6wLI-CkGE

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