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TheFinance.sg

Posted on June 2, 2010 - by PanzerGrenadier

How to Manage Change in Financial Freedom

Featured Personal Finance
Photo by Street_Spirit

Photo by Street_Spirit

I have spent the long weekend shifting from my current place to my new place. It has been a tiring but interesting journey in finding out about managing change in financial freedom.

Changes in life are inevitable. As we progress along this journey towards financial freedom, things change all the time. Our financial situation, our health, our relationships at work and at home. Change is the only constant is the common phrase we hear but are we truly able to embrace change in our quest towards financial freedom?

Managing Change

1. Be Open

Human beings are creatures of habit and like to continue to be in the comfort zone. It takes a fundamental mindset change to be open and receptive to new ideas, environments and situations. It was the same for me when my spouse first brought up the idea of moving house. At first, I was quite resistant because I hated the idea of packing and unpacking all my stuff and also spending money on renovation, top-up in home equity for new house and related administrative and monetary costs.

However, the more I listened and opened up myself to the possibility of moving, the more I realised that it was not all bad and the change would result in a shorter commute time to work for me, better rest and sleep for the whole family and a family friendly location near to a park and other green areas.

Thus being open to change to a new residence did result in outcomes that were more positive than I had envisioned. Read more…


Related posts:

  1. Factors crucial to financial freedom
  2. Reviewing Your Lens Towards Financial Freedom
  3. On Financial Freedom
This entry was posted on Wednesday, June 2nd, 2010 at 9:00 am and is filed under Featured, Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Comments

We'd love to hear yours!



  1. Visit My Website

    June 2, 2010

    Permalink

    Panzer said:


    Thanks Derek for featuring my post.

    Be well and prosper. :-)



  2. Visit My Website

    June 2, 2010

    Permalink

    Derek Lim said:


    Hi Panzer,

    You are most welcome. I hope things are picking up at your end.

    Cheers!



  3. Visit My Website

    June 9, 2010

    Permalink

    Panzer said:


    Hi Derek

    Things are improving at the home front. :-)

    Be well and prosper.




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