Personal Finance
How to Manage Change in Financial Freedom
By Five Cents Ten Cents  •  June 2, 2010
[caption id="attachment_2180" align="alignright" width="150" caption="Photo by Street_Spirit"]Photo by Street_Spirit[/caption] 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...
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By Five Cents Ten Cents
PanzerGrenadier is a 30-something accountant who finally grasped the concept of financial freedom at the ripe old age of 32. Ever since, he has been travelling on his journey towards financial freedom and documenting his adventures through his blog "fivecentstencents". PanzerGrenadier allocates his non-work time in between living within his means, saving and investing as well as spending quality time with family. He is an avid toastmaster and has completed 10 years of being a reservist conscript in the Lion City.
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3 Comments

3 responses to “How to Manage Change in Financial Freedom”

  1. Panzer says:

    Thanks Derek for featuring my post.

    Be well and prosper. :-)

  2. Derek Lim says:

    Hi Panzer,

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

    Cheers!

  3. Panzer says:

    Hi Derek

    Things are improving at the home front. :-)

    Be well and prosper.

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