Actually hw ppl define financial freedom?
If say 1k per mth means many will be ok, esp if factor in cpf.
If say 3k minimum per mth then quite hard
Of course rah. Lifestyle inflation, cost of living increases, celery not growing in tandem with inflation.
Even basic stuff and essentials are so expensive nowadays...
Financial freedom ish when all loans paid up and hv enuff savings for $3K/month spending till 80+.
Quote from: Suntan on Aug 27, 2024, 12:12 PMFinancial freedom ish when all loans paid up and hv enuff savings for $3K/month spending till 80+.
Ya i kind of suspect this is the meaning. And this is minimal lor. If some mths want to go overseas probably double
Quote from: default on Aug 27, 2024, 08:58 AMActually hw ppl define financial freedom?
If say 1k per mth means many will be ok, esp if factor in cpf.
If say 3k minimum per mth then quite hard
I think free means able to eat n live normally without caring abt what job I need to do to mk life happen as usual
So if average life
https://whatsenough.sg/key-findings-2023/
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2020-2023
$3,369 for a single parent with one child aged 2–6 years old
$6,693 for a couple with two children aged 7�–12 and 13–18 years old
$1,492 for a single elderly person 65 years and older////
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