Comments on: Transforming Money Into Experiences http://fivecentstencents.com/blog/2009/12/28/transforming-money-into-experiences/ Financial freedom, one realistic step at a time. Mon, 16 Apr 2012 07:27:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: panzer http://fivecentstencents.com/blog/2009/12/28/transforming-money-into-experiences/comment-page-1/#comment-1292 panzer Fri, 08 Jan 2010 04:17:31 +0000 http://fivecentstencents.com/blog/?p=978#comment-1292 Dear Eric I would say that you are financially free if your combined income and passive rental income from properties is more than your lifestyle needs. Congratulations and well done! Be well and prosper. Dear Eric

I would say that you are financially free if your combined income and passive rental income from properties is more than your lifestyle needs.

Congratulations and well done!

Be well and prosper.

]]> By: Ling http://fivecentstencents.com/blog/2009/12/28/transforming-money-into-experiences/comment-page-1/#comment-1291 Ling Fri, 08 Jan 2010 04:07:59 +0000 http://fivecentstencents.com/blog/?p=978#comment-1291 Yeah.. i know of friends who get leukaemia at age 30s and 40s, and kids who succumb to tumour at age 18. And child of friend who died in motorbike accident at 21.. All in their prime of life! Live life with a passion! Do save and prepare for tomorrow by all means, but there is more to living than just working and accumulating riches. :) Yeah.. i know of friends who get leukaemia at age 30s and 40s, and kids who succumb to tumour at age 18. And child of friend who died in motorbike accident at 21.. All in their prime of life! Live life with a passion! Do save and prepare for tomorrow by all means, but there is more to living than just working and accumulating riches.
:)

]]> By: Eric http://fivecentstencents.com/blog/2009/12/28/transforming-money-into-experiences/comment-page-1/#comment-1290 Eric Fri, 08 Jan 2010 03:05:34 +0000 http://fivecentstencents.com/blog/?p=978#comment-1290 Hi PG, You are very correct; "Money by itself doesn’t buy happiness. In reality, happiness and money are not closely correlated once your basic needs are met." May I ask you, currently i am 57 yrs old, staying in a (fully paid) HDB executive flat bot in 1990 at $175k, with 2 grown-up children, one 28 and 25, younger son graduate is apr'10 and joining the workforce soon. I had 3 fully paid investment FH properties with a total of mthly rental collection of $6k, still working with salary 3.5k and my wife salary is 1.8k. Can i said i had achieved financial freedom? Frankly i loss $50k in mini-bond investment, but my cash in hand still have 500k in FD. Oops! no insurance coverage only bot a Income Shield plan B, using medisave money, CPF saving aro 181k but dun intend to take up CPF life annunity. Hi PG,
You are very correct;
“Money by itself doesn’t buy happiness. In reality, happiness and money are not closely correlated once your basic needs are met.”
May I ask you, currently i am 57 yrs old, staying in a (fully paid) HDB executive flat bot in 1990 at $175k, with 2 grown-up children, one 28 and 25, younger son graduate is apr’10 and joining the workforce soon. I had 3 fully paid investment FH properties with a total of mthly rental collection of $6k, still working with salary 3.5k and my wife salary is 1.8k.

Can i said i had achieved financial freedom? Frankly i loss $50k in mini-bond investment, but my cash in hand still have 500k in FD. Oops! no insurance coverage only bot a Income Shield plan B, using medisave money, CPF saving aro 181k but dun intend to take up CPF life annunity.

]]> By: Panzer http://fivecentstencents.com/blog/2009/12/28/transforming-money-into-experiences/comment-page-1/#comment-1266 Panzer Wed, 30 Dec 2009 00:46:10 +0000 http://fivecentstencents.com/blog/?p=978#comment-1266 Hi LP Recently, one of my colleague's family member was diagnosed with cancer. Only 57 years old. Makes you think about smelling the roses and not leaving it to the last minute. Randy Pausch's Last Lecture also tells us to dare to dream and to live life. Charles Dickens' "A Christmas Carol" shares with us not to be like Scrooge. To open up the purse-strings now and then and to enjoy life experiences. Be well and prosper. .-= Panzer´s last blog ..<a href="http://singapore-fixed-deposits.com/wordpress/2009/12/19/cimb-starsaver-deposit-rates/" rel="nofollow">CIMB Starsaver Deposit Rates</a> =-. Hi LP

Recently, one of my colleague’s family member was diagnosed with cancer. Only 57 years old. Makes you think about smelling the roses and not leaving it to the last minute.

Randy Pausch’s Last Lecture also tells us to dare to dream and to live life.

Charles Dickens’ “A Christmas Carol” shares with us not to be like Scrooge. To open up the purse-strings now and then and to enjoy life experiences.

Be well and prosper.
.-= Panzer´s last blog ..CIMB Starsaver Deposit Rates =-.

]]> By: la papillion http://fivecentstencents.com/blog/2009/12/28/transforming-money-into-experiences/comment-page-1/#comment-1263 la papillion Tue, 29 Dec 2009 14:26:06 +0000 http://fivecentstencents.com/blog/?p=978#comment-1263 I agree with you PG :) Sometimes, I do wonder what's the pt of reaching that elusive financial freedom status? If in the journey, one has to suffer so much, would one finally enjoy after reaching FF? Give and take, I'll say :) Take that all important time off to smell the flowers while working towards there, haha I agree with you PG :) Sometimes, I do wonder what’s the pt of reaching that elusive financial freedom status? If in the journey, one has to suffer so much, would one finally enjoy after reaching FF?

Give and take, I’ll say :) Take that all important time off to smell the flowers while working towards there, haha

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