Five Cents Ten Cents

Sunday, June 24, 2007

Financial Freedom : A Reality Check


Flight VF506 touched down on Changi Airport at 12:40 a.m. and within less than 1 hour 30 minutes, I was back from a short-weekend trip to Jakarta. A city is so like Singapore in many ways and yet so unlike Singapore in many other ways.

A tale of two cities
Jakarta is a cosmopolitan city and if you compare shopping malls, restaurants and food courts, cinemas, both are very similar. And yet in this sea of similarity I find vast oceans of differences that separate these two cities. Firstly, the quality of public infrastructure varies widely between these two cities. Secondly, the rich-poor divide is also very stark because you can see hawkers pushing mobile food carts juxtaposed against palatial residential homes just 2 streets behind gleaming malls of Senayan.


How does this relate to financial freedom?

Financial freedom so that you can...
It gives me a reality check on my journey to financial freedom. One of the key dangers of pursuing this path is to forget to appreciate the ride, the experience and the steps that one goes through to reach financial freedom. It is too easy to think that achieving the goal of being able to let passive income exceed daily expenses and allow one to live a life of leisure as being the only thing in life. It is not. There is more to life than this, and the ability to care and lift up your fellow man even as you lift yourself out of the rat race should not be forgotten.

A short-trip now and then to other countries allows us to re-evaluate our priorities and to be thankful for your health, happiness and for our family even as we pursue the wealth that gains us the freedom to pursue other things in life.

What will we do when we attain this freedom?

You need to decide for yourself!

Be well and prosper.

No comments: