Growing up, my parents have always instilled the importance of saving for rainy days. It quickly became a part of me and a habit which I later glad to have developed. I have never really had any plan with my savings other than just piling them into a saver account – I did try to shop for the best rates though! Once I have turned of legal age (18 in Australia), the world of finance and investing piqued my interests and at this point I have also started allocating some of my money to – yep, you guessed it right – stock market. However, at this stage, I still do not really have a purpose with my savings/investments, other than it is the ‘right’ thing to do as an adult, as I have been told and advised way too many times by the old folks. (*Thanks Mum & Dad – in hindsight, I’m glad you pestered me about it tirelessly…*)
That all changed when I caught the travel bug in my early-20s…
Perhaps like many others, there is that defining event(s) in life where you start to wonder, if you can do more with your money, if you can work it harder and in my case, to one day travel the world without ever having to worry about money. Of course, life was not that simple! I did the ‘Quit your job and travel’ in 2013 because at that time, I do not really know any better what I actually wanted from life. I barely saved anything in that year after paying for rent, daily expenses and spent whatever remaining on my travel. I realised, to ever have a fighting chance of realising my dreams, I need to have a game plan! That’s when the journey begins…
I was born in the late 80’s, spent my formative years living in Melbourne, Australia, after migrating here during my teenage years. I am currently working in finance and I am actually enjoying what I do. However, the notion to work to retirement age (currently 68 y.o. in Australia – but this is likely to be higher in the future) and then enjoy your retirement years is not really appealing to me.
I hope I am lucky enough to still be blessed with good health in my late 60s, but I know I have more chance of successfully reaching the summit of Mount Kilimanjaro in my early 40s rather than in my late 60s. Unless by then, some stem-cell researchers found a way to reverse muscle atrophy or sarcopenia completely. Let’s be realistic here…
As I grew older, I realised that the most important currency in life is actually time. It is finite in the absolute sense and you will eventually ran out of it. I embarked on this journey in the hope that one day I can pursue other interests in life, initially started with a dream to travel the world and quickly snowballed into unending list of things to do, instead of just worrying about paying the bills and lifestyle inflation.
So this is what this blog is all about. I hope I can share my thoughts, struggles and what I have learnt throughout my journey in reaching financial independence with the wider community. But more importantly, to learn from others embarking the same journey or those who wanted to improve their financial health for whatever reasons.
You need to know what you are fighting for in life and your purpose of waking up in the morning, every single day. Reaching financial independence – or at least trying to – is one of them for me personally.
“Those who know, do. Those that understand, teach.”