Personal Finance
Is a Sabbatical a Good Idea?
By Sipping Coconuts  •  December 22, 2019
Sabbatical or a sabbatical (from Hebrew: shabbat (שבת) (i.e., Sabbath), in Latin: sabbaticus, in Greek: sabbatikos (σαββατικός), literally a “ceasing”) is a rest from work, or a break, often lasting from two months to a year. (Defined by Wikipedia)
2 month to 1 year, no longer otherwise it isn’t legit ???? In the conventional FIRE sense, I suppose not. FIRE followers ought to be channeling all of their energy to accumulate as much as possible to achieve FIRE in the quickest time possible. That money that one would spend on a sabbatical, doing whatever they wish to do, should be flowing into income producing assets. That is true in the traditional sense of FIRE. However there is nothing traditional about FIRE now, is there? FIRE is a new way of looking at life for many of the followers. FIRE makes you question all aspects of life and the million dollar question then is, what is most important to you? Your Money or Your life?...
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By Sipping Coconuts
Team SC is the collective moniker for our family members, Ms.K, Mr.C and CocoJr#1 and #2. We’re a young family based out of Singapore, breaking away from the norm by living our life passionately, purposefully and (importantly) well within our financial means so that we are free from the typical shackles of modern day society like debt, lifestyle inflation and mindless consumerism.
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