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	<title>Five Cents Ten Cents &#187; time and tide waits for no one</title>
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	<description>Financial freedom, one realistic step at a time.</description>
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		<title>Time and Tide Waits For No Man (or Woman)</title>
		<link>http://fivecentstencents.com/blog/2010/02/02/time-and-tide-waits-for-no-man-or-woman/</link>
		<comments>http://fivecentstencents.com/blog/2010/02/02/time-and-tide-waits-for-no-man-or-woman/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 08:38:02 +0000</pubDate>
		<dc:creator>panzer</dc:creator>
				<category><![CDATA[Live within your means]]></category>
		<category><![CDATA[Personal finance]]></category>
		<category><![CDATA[Ng Teng Fong]]></category>
		<category><![CDATA[Ng Teng Fong passing and financial freedom]]></category>
		<category><![CDATA[personal finance in Singapore]]></category>
		<category><![CDATA[Singapore personal finance]]></category>
		<category><![CDATA[time and tide waits for no one]]></category>

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		<description><![CDATA[The news that the richest man in Singapore (Mr. Ng Teng Fong) has passed away at 81 reminds us that truly, time and tide waits for no-one. All the riches on this earth cannot keep us around if death comes for us. I was reading some forum posts in Channelnewsasia forum and one forummer mentioned [...]]]></description>
			<content:encoded><![CDATA[<p>The news that the richest man in Singapore (Mr. Ng Teng Fong) has passed away at 81 reminds us that truly, time and tide waits for no-one.</p>
<p>All the riches on this earth cannot keep us around if <a href="http://fivecentstencents.com/blog/2009/01/29/how-to-commit-suicide-financially/" >death</a> comes for us.</p>
<p>I was reading some <a href="http://www.moneybanter.com.sg" >forum</a> posts in Channelnewsasia <a href="http://www.moneybanter.com.sg" >forum</a> and one forummer mentioned that it was ironic that the richest man in Singapore who could well support his <a href="http://fivecentstencents.com/blog/series/retirement/" >retirement</a> if he lived until 100 did not last past 85. While it was estimated that more Singaporeans would live beyond 85 and hence the <a href="http://fivecentstencents.com/blog/2009/07/21/cpf-life-money-may-not-be-enough-singapore-edition/" >CPF Life</a> or compulsory annuity (with non-guaranteed payouts if <a href="http://fivecentstencents.com/blog/2009/07/21/cpf-life-money-may-not-be-enough-singapore-edition/" >CPF life</a> fund becomes insolvent) was pushed down our throats largely using actuarial statistics.</p>
<p>The lesson to learn is that no matter how rich or poor one is, we all have only 1440 minutes in each <a href="http://fivecentstencents.com/blog/2009/07/09/how-many-days-do-we-have-left/" >day</a> to do whatever we want in our lives. All us have start out with 1440 minutes, nothing more, nothing less.</p>
<p>As you walk along your <a href="http://fivecentstencents.com/blog/road-map-to-financial-freedom/" >journey</a> towards <a href="http://fivecentstencents.com/blog/guide-to-financial-freedom/" >financial freedom</a>. How would you allocate your time and effort towards balancing your <a href="http://fivecentstencents.com/blog/2009/04/07/writing-your-life-list/" >goals</a> of living within your means, saving and investing, growing and protecting your means whilst still enjoying life as an experience that can only be savoured once?</p>
<p>I don&#8217;t have the answer but I know I&#8217;ll live a little bit more each <a href="http://fivecentstencents.com/blog/2009/07/09/how-many-days-do-we-have-left/" >day</a> by immersing myself in work while at work, with family after work and to carve out a little bit of &#8220;me-time&#8221; to unwind and destress.</p>
<p>Be well and prosper.</p>
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