Financial Independence, Retire Early. In Goddamn Singapore?!

Also known as FIRE.

So, what have I been up to? Learning to invest, how to be financially independent. It can be done, and many people have done it. So, why do it? Because life is too short doing the things you don't like just so that you can do the things you like! I do enjoy my job, but there are always things that you don't want to do and I doubt it's so easy to find a perfectly matching job.

Learning about accounting and businesses made me think more about my revenue and income. Earn more money (e.g. maybe it's time to jump my job) or decrease expenses. I have been saving more aggressively. Wish that I didn't have to give my parents allowance (please don't judge me for that), but I guess I can view it as some kind of rent. I have always been frugal, but more of the cheapskate kind. Now, I tend to buy quality stuff that are made to last. For example, goddamn Japanese batteries instead of Chinese batteries. The difference is just ridiculous. I also try to buy in bulk. For example, like 10 socks at once. Or 10 underwear. For this I can buy Chinese stuff since their bamboo stuff are actually quite good. I even bought probably 20 years (!!!) worth of pencil leads. That was probably a mistake.

So, I was thinking that asset light companies are doing pretty well these days and I ought to emulate them. That means no heavy assets like property and cars. Especially cars, which are depreciating and just put more liabilities on your balance sheet. The idea of owning your property has perpetuated through our society but if you think about it, renting might be a better deal. Especially when the property value to income ratio is ridiculous here. Or even live somewhere else where the demand for property isn't so ridiculous.

So what's next? Well, I suppose I will just keep doing what I'm doing and see how it turns out. Money is just a means to an end. What do you want to see at the end?