I thought it might be a good time to summarise everything I know about The Problem that becoming financial independence is supposed to solve. If no one works on coming up with a proper definition of the problem, financial independence is just like blockchain technology, a solution looking for a problem.

Here is what I know about the problem so far :

a) Emergence of the gig economy

The emergence of the gig economy is a new thing that folks in my generation did not have to contend with. Graduates from the ITE/Poly/University tracks will face an economy that will not give them a permanent employment role 50%/40%/10% of the time.

The effects of being in the gig economy is not truly understood so far because most 20-somethings are energetic enough to earn a decent wage. Problems occur when they fall sick or start to slow down when they have a family. There are