QUOTE(Ramjade @ Sep 24 2024, 08:23 AM)
Never ask a barber if you need a haircut. I already have my map. Like I said, girl will ask me you save so much for what? I fired back and ask them the question. If you suddenly got no job today, can you survive? They keep quiet. I will tell you upfront. I can. I got to where I am today by being frugal and I walk the talk. I don't just NATO.
Tried and tested last year. Best 6 months of my life. Only parents worried no job. But was living the FIRE life. Waking up without alarm and urgency. Going for daily walks in a mini forest park.
I'll answer your question that you ask those girls you met. In fact, someone asked me similar question 10 years ago, in 2014.
He asked me, "What's your plan B in life? If one day you can't work, how are you going to survive?"
I told him, "I believe God will have foreseen that so why should I worry? I just need to do what I can when I am still able to, and leave the rest to God."
He asked, "What if your God fails?"
I said, "Impossible. Only humans fail, not God."
The conversation ended this way.
*
Now, 10 years later, I can confidently answer the same question. This month is my
51st month without a full-time job, not consecutively but accumulated. I took 3 career breaks of more than one year each, in 2018-2019, 2021, 2022-2023...
because, for some reasons, I don't have career luck. The past 4 companies that I worked at had management issues that resulted in high staff turnover of 40%-80%. I was so sick of corporate garbage, I grilled those employers/mid-level managers for their management failures, escalated to the CEO/MD, and I resigned. I hate wasting time in toxic environments.
I took the leap of faith to do biz full-time... after working for 18 employers (full-time, part-time and freelance) in the last 15 years. I felt damn jaded and worn out; was an workaholic who pursued money, career success and social status-- which turned out to be highly unsatisfying.
For several times, I quit my jobs abruptly without months of savings, because I didn't care how I was gonna survive. Maybe because I'm a woman-- when I get fed up, I just don't care anymore. Maybe it's an Aries thingy-- I do what I want, and I get what I want.
During those career breaks in the past few years, I started my own biz; not one, but three. & I designed my biz models the way I wanted it to work--- to give me the freedom of time and mobility. I didn't need to worry about money, because I had a group of super rich biz friends and companies who would support me kaw-kaw, including government agencies. When my first biz was just launched, within several months, gov agencies were already paying for my flight, hotel and accommodation.
& I have strong biz luck. In my third biz, clients look for me. I did projects for SMEs and MNCs. Each project was in thousands, up to tens of thousands. When most people need a year to earn the same amount, I can earn in just several months. Just last year alone, I closed about 30 projects by myself. My biggest client was a Fortune 500 Global Top 40 foreign MNC. My other clients were in industry technology, franchises, importers, logistics, etc.
Then I got kinda tired of doing projects. So, I focused on my another biz this year. I joint-venture with another company that has strong network and resources. They looked for me first because they needed my expertise. Now, my JV partner is in China, to set up a subsidiary there. We're distributing our products to China soon, besides Malaysia, Korean and other countries in ASEAN, and some in EU. For the JV, it's a 50-50 split between me and them. I'm gearing towards building up passive income now, in multiple currencies.
The way I think and do things are quite unique, after having worked for about 50 companies, employment + projects in more than 10 industries... and I am just 35 years old.
To me, as long as I'm still breathing and my brain still functions, even if I'm physically disabled suddenly (touch wood), I'll get lots of insurance payout and I'll just continue to create wealth-- from a wheelchair or from bed. This is how chill (or fearless) I am.
I'm sharing all these to state that my pathway to financial freedom is not through FIRE, but through business success-- products, systems, automation. I excel in leveraging, bartering, and forming collaborations/JVs. For services, I hire people to do the job, and I earn from their hard work. I feel great creating jobs for people.
I have my own property, car, decent EPF savings, PRS funds, insurance and its regular payouts--- not too bad, for someone in her thirties. If I marry my ex, our family house is a bungalow, in millions. He's rich in SGD, so converted to MYR... hmm... nice.
I changed my own fate this way, by being highly educated, working hard, attracting higher-tier people into my life, doing biz, planning strategically... I didn't come from a rich family; quite the contrary. I hate being poor, so I worked my way out and up.
There's a term for it: lifestyle design.
QUOTE
Lifestyle design starts with visualizing your dream life and setting specific, value-aligned goals, requiring continuous adaptation and reassessment of progress to truly shape your life.
Achieving financial freedom is key in lifestyle design, which involves strategic income generation like through real estate syndications and diversification of investments to cover living expenses and beyond.
Developing success habits, overcoming limiting beliefs, nurturing supportive relationships, and prioritizing self-care are essential for personal growth and the journey toward designing your ideal lifestyle.
Read more:
https://goodegginvestments.com/blog/what-is...festyle-design/*
You know, the truly wealthy don't save their way to wealth; they do business and investment, and they succeed in it. I'm sure you know the cashflow quadrant by Robert Kiyosaki. If you don't, look it up.
Challenge yourself to go beyond FIRE. To me, an employee that practises FIRE is still an employee-- their love staying in their comfort zone, their social circles and perspectives are still the same, and their money-making skills will always stay the same. Even if they start a biz after their early retirement... nah, I think it's just too risky for them to think about biz. Once you're stuck in a fixed mindset, it's hard to change it--- and this is a lurking danger in an ever-changing, fast-paced world.
Also, factoring in currency depreciation and inflation, RM500k today will probably be like RM100k twenty years later. To me, that's absurd. Imagine spending years of my life working my ass off, saving frugally and sacrificing pleasures, only to see it depreciated so much in my old age. This is not what I want. Years of youth spent on toiling... all wasted, not to mention that AI and automation tech + age factors will hinder one's opportunity to get hired. Basically, your chances of getting employed will decrease dramatically once you are age 40 and above.
With the same willpower and discipline, I'd rather build businesses in my peak years (age 30 onwards)-- money-making systems with people to do the job for me, while I can relax by the seaside or work from anywhere I want in the world. Heard of The Four-Hour Workweek by Tim Feriss? Yup, I practise it, and I'm halfway there at 35 y.o. That's why I'm YOLO and have so much time on this forum, thinking of hot dudes and going on dates with men.
By the time I'm 40... I'm pretty sure everything will be much established in my biz, and I can continue to YOLO until my old age. Once you have the winning advantage, you utilise it to the max and keep reaping the returns. If things change again in the future, then I will ride the new waves and create a new legacy.
Just exposing you to a different perspective or way of life. You might disagree--- which, I don't care frankly, because ultimately, you are responsible for your own life and your choices as an adult.
If you think all these stories are made up, I can assure that they're not. There are at least 10 people on this forum who know me in real life, so there's really not much point for me to fake things and be inconsistent with who I am. My life is just an unusual as it gets, and I'm fine with it.
Ah nice, going to grab my lunch. I woke up at 12 noon today. This is my lifestyle every day, and I like it.