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Kangnam reveals how he saved up to buy a building

By elliefilet   Thursday, October 27, 2016   31,431   2,057   13
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M.I.B's Kangnam revealed how he saved up to buy a building.

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On the October 27th episode of JTBC's 'Give Me a New House for an Old One 2', Kangnam shared, "I came here after demolishing my old house. I live with my pet just the two of us," revealing his home. He added, "My mom came and did the interior design and furniture. It's obvious it's a mother's taste."

As for how he saved up to buy a building, he said, "I'm a miser. I don't spend money. I don't spend any. Besides food, I don't spend money, and I don't buy clothes. I don't even spend more than $200 USD in a month. I put everything into my savings account."



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    2. Kangnam


    mcatalina5 Thursday, October 27, 2016

    He works so hard... I'm happy for him

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    intricate Thursday, October 27, 2016

    that's actually quite commendable... as long as he doesn't forget to enjoy some R&R!

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    daFoolio Thursday, October 27, 2016

    man they portrayed him to be all broke before.... it paid off!!  he doesn't spend $200/month of his OWN money..... you can't live off $200/mo these days...

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    green_bird daFoolio Thursday, October 27, 2016

    Believe me, where I work, I'm getting paid $280/month. I live alone and I'm studying architecture, but still, I have managed to survive until now...

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    green_bird Thursday, October 27, 2016

    So it's not impossible

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    daFoolio green_bird Thursday, October 27, 2016

    i guess where you live it is possible.... but in the states... it would be a struggle

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    kentv daFoolio Friday, October 28, 2016

    Even in the states, it would be possible as most of an idol's living expenses are covered by the company, such as the dorm, clothes for work, etc. Really other than food and toiletries he would have few other expenses. He has bandmates he lives with I would assume, so that helps stretch food money by buying in bulk. Also, there are probably several days per week where food is provided for free where he is working or at an event he is attending, which stretches his food dollar. Regardless the guy seems to really grasp that fame is fleeting, so save and invest wisely, so he has a good nest egg built up. It may not be enough that he never has to work again, but it sounds like it was enough that at least he can choose what work he wants to do in the future and not have money be the deciding factor.

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    daFoolio kentv Friday, October 28, 2016

    he lives alone... hence my reaction. he was on the show "I Live Alone"

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