Personal Finance
10,000 Hours towards Financial Freedom
By Five Cents Ten Cents  •  March 2, 2011

Pop!Tech 2008 - Malcolm Gladwell
I am reading Malcolm Gladwell’s “Outliers: The Story of Success” and am finally able to make the connection to the reference of “10,000 hours”.

Basically what this means is that from research, the differentiating factor between people who are very successful in their chosen fields i.e. competitive sports, musical performance artistes, professionals is that they put in the magical 10,000 hours or so to be good in their field.

What does that mean for us?

Practice Makes Better

A distinguished toastmaster I know Mr. John Sih likes to use this phrase, “practice makes better.” To achieve mastery in anything, we need to devote sufficient time and energy to it. Of course, innate talent helps but you need to be good enough and then work hard at it. My own journey towards financial freedom really started when I earned my first pay check back in 1995. I began to ...

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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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