Sunday, October 25, 2020

3 Commodities in Life


The three precious commodities in life are time, money and energy. As time decays, energy can be recharged through sleeping or resting but the maximum capacity of our energy degrades just like a battery does due to inability to store charges. Money, on the other hand, grows as we work by exchanging time for money. 

Sometimes I ponder if retirement entails getting to enjoying own sweet time, enjoy spending the money earned during younger days while keeping our bodies at high energy levels. I think it may not be possible due to the natural process of ageing and we are not able to intake as much foods when we are older or possess the same energy and health levels compared to younger. 

The lure of financial freedom at a younger age than the official retirement age of 60s hence opens up the world of options and presents the great opportunity of retiring early to enjoy all 3 precious resources at the same time in our living lives. 

It is difficult but not impossible to attain financial freedom in Singapore or any cities in the world. With faith, discipline and belief, we should strive for it. If we cannot achieve financial freedom, at least we will be close to achieving it through financial stability or at least feeling secured. 

With the increasing uncertainty of jobs prospects in many industries, replacement of human labour by artificial intelligence and robots, the more importance and urgency that we should increase our sources of passive income and work towards financial freedom. Of course, it is not wrong to possess a YOLO mindset thinking that life is short and enjoy life by spending all the wealth we earn to ensure we die with zero money. Afterall, we dictate the life we love to live.

We have to be aware of losing the most precious commodity of life as time is ticking away. While we gain more money as we grow older, we have to be conscious and resign to declining energy levels. 

Thanks for reading. 

With love & peace,
Qiongster


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