Five Cents Ten Cents

Financial freedom, one realistic step at a time.

Tag Archives: savings vs spending

Would you publish your own expenses online?


Posted: 14 May 2008 03:19 AM CDT

I happen to chance upon this gentlemen’s blog as my post on “Outsourcing the Singapore Armed Forces” was referenced in his post discussing the topic. Whilst the topic is not related to personal finance, I realised that he actually posts his own expenses up on his blog perhaps for his own tracking but it’s open to the whole world!

Talk about accountability and transparency!

Would you publish your own expenses online? Hmm.. sounds like a new poll coming up.

Be well and prosper. :-)

»crosslinked«

Financial freedom – A Personal Journey Through the Desert


Posted: 05 May 2008 08:26 PM CDT

My walk to the oasis

As I wander the deserts in search of my oasis of financial freedom, I have come to realise that the journey has revealed some interesting insights. The more books I read about personal finance, investing and towards achieving financial freedom, the more I come to the conclusion that once we have set our own goals and targets and have developed and sustained a strong desire towards these outcomes, our daily processes start to evolve towards where we cast our focus. Continue reading →

Does financial freedom mean eating instant noodles everyday?


Posted: 07 Apr 2008 03:31 AM CDT

Flickr photo by mappi1322.

Instant noodles and financial freedom

One of the three core pillars that supports the framework for financial freedom is living within your means. This means different things to different people. Some young people ask in forums how they can save for the future and yet not compromise on their living in terms of lifestyle spending. It is indeed a challenge to juggle between living and spending for now verus denying self and saving for tomorrow. Continue reading →

Financial freedom: Saving 90% of windfalls and spending 10%


Posted: 22 Mar 2008 02:19 AM CDT

What do you do when you receive your yearly bonus?

The first quarter of the year is the time where a number of organisations give out bonuses and monetary rewards to deserving employees who have contributed to the organisations’ successes.

Some of these rewards are financial, others are in the form of incentive trips, recognition awards and so on. Continue reading →