Author: Minimalist in the city

Planning for a sabbatical

And I am headed towards the tail end of my sabbatical, I am feeling a lot more refreshed and energised. Granted that I am suffering from stiff shoulders these days from constantly carrying a growing baby, all things considered, I would think that the overall benefits outweigh the cost(most predominantly, the loss of income). Looking back, I have been in the workforce for more than a decade and this is definitely the longest break that I have from work. And really, this was a much needed break. Unlike the time when we were in school, where we had vacation...

Read More

Friday reads – volume 13

And here are the lineups… Should You Focus on Making More or Spending Less? (Retire by 40) “Should you focus on making more or spending less? This is a trick question. You need to work on making more AND spending less. Everyone should focus on increasing their saving rate instead of picking one side over the other.” Let’s put it that way, both goes in tandem. Most of the financial bloggers I know, or rather at least those that have achieved FI pursue both to the most minute detail. We already know that income does not equate wealth. The...

Read More

Friday reads – volume 13

And here are the lineups… Should You Focus on Making More or Spending Less? (Retire by 40) “Should you focus on making more or spending less? This is a trick question. You need to work on making more AND spending less. Everyone should focus on increasing their saving rate instead of picking one side over the other.” Let’s put it that way, both goes in tandem. Most of the financial bloggers I know, or rather at least those that have achieved FI pursue both to the most minute detail. We already know that income does not equate wealth. The...

Read More

Friday reads – volume 12

And here are the lineups… The Forever Fallacy (Get Rich Slowly) “The key thing to understand is that everything changes. You change. Your circumstances change. The people around you change. Nothing is forever. The challenge then is to balance this concept — everything changes — with living in the present. You must learn to enjoy today while simultaneously preparing for possible tomorrows.” What if though something changes? Are you prepared for that change? Nothing stays constant forever. And that is something we need to provide some food for thought. When Earning $1 Million A Year Isn’t Enough To Retire Early (Financial...

Read More

Friday reads – volume 12

And here are the lineups… The Forever Fallacy (Get Rich Slowly) “The key thing to understand is that everything changes. You change. Your circumstances change. The people around you change. Nothing is forever. The challenge then is to balance this concept — everything changes — with living in the present. You must learn to enjoy today while simultaneously preparing for possible tomorrows.” What if though something changes? Are you prepared for that change? Nothing stays constant forever. And that is something we need to provide some food for thought. When Earning $1 Million A Year Isn’t Enough To Retire Early (Financial...

Read More

Minimalist in the city – 700 more days to FI

For the bulk of our FI journey, the Minimalist in the City household is predominantly a dual income one. We have budgeted and managed our expenses such that we are able to live off one income, saving and investing the other income stream thus far. Our savings rate is higher than 50% and our lifestyle is also inherently different from most other families in the same profile group (be it demographics or income range). We have consistently been living below our means and seek fulfillment in life through appreciation of experience rather than things. The discovery of minimalism also taught...

Read More

Minimalist in the city – 700 more days to FI

For the bulk of our FI journey, the Minimalist in the City household is predominantly a dual income one. We have budgeted and managed our expenses such that we are able to live off one income, saving and investing the other income stream thus far. Our savings rate is higher than 50% and our lifestyle is also inherently different from most other families in the same profile group (be it demographics or income range). We have consistently been living below our means and seek fulfillment in life through appreciation of experience rather than things. The discovery of minimalism also taught...

Read More

Friday reads – volume 11

Power is the ability to control your own life (The Escape Artist)  “I had always assumed power meant having status and income, influence and external rewards. Ralph had all of them. Yet up close he didn’t seem very powerful. I started asking whether power meant, rather, the ability to control my own life.” When the money is really alluring. It becomes harder to walk away from it. But with that, it comes at a cost. Time. For yourself. Your family. And really, was that what you wanted to do in the first place? How much money do we need...

Read More

Friday reads – volume 11

Power is the ability to control your own life (The Escape Artist)  “I had always assumed power meant having status and income, influence and external rewards. Ralph had all of them. Yet up close he didn’t seem very powerful. I started asking whether power meant, rather, the ability to control my own life.” When the money is really alluring. It becomes harder to walk away from it. But with that, it comes at a cost. Time. For yourself. Your family. And really, was that what you wanted to do in the first place? How much money do we need...

Read More

July 2018 – Monthly Update

July is the month where the World Cup ended with the French lifting the World Cup title for the second time. I watched the game live on TV and seriously thought Croatia played better although the actual score did not really reflect that. I guess luck also played a very important role in games like this and this is what makes a soccer game exciting. Comparatively, the current French team is not as strong as the champions team 20 years ago that lifted the World Cup in 1998 with many star studded players including the current manager Didier Deschamps,...

Read More

July 2018 – Monthly Update

July is the month where the World Cup ended with the French lifting the World Cup title for the second time. I watched the game live on TV and seriously thought Croatia played better although the actual score did not really reflect that. I guess luck also played a very important role in games like this and this is what makes a soccer game exciting. Comparatively, the current French team is not as strong as the champions team 20 years ago that lifted the World Cup in 1998 with many star studded players including the current manager Didier Deschamps,...

Read More

Friday reads – volume 10

And here are the lineups… The things that early retirement won’t fix (Think Save Retire)  “After retiring from work at the age of 35, I’ve discovered that early retirement isn’t some instant-fix to all of life’s problems. It’s not that calamine lotion elixir stuff that seems to make everything it touches feel better.”  Early retirement might solve some problems (eg. relieve some health issues due to work stress) but it might not solve the more inherent ones. Well, I never thought that was a main issue in the first place, since it’s not really so much about doing nothing....

Read More

Friday reads – volume 10

And here are the lineups… The things that early retirement won’t fix (Think Save Retire)  “After retiring from work at the age of 35, I’ve discovered that early retirement isn’t some instant-fix to all of life’s problems. It’s not that calamine lotion elixir stuff that seems to make everything it touches feel better.”  Early retirement might solve some problems (eg. relieve some health issues due to work stress) but it might not solve the more inherent ones. Well, I never thought that was a main issue in the first place, since it’s not really so much about doing nothing....

Read More

Considerations for having a second (or subsequent) kid

In a recent post by SimplyJesMe, Jes discussed the reasons for having/not having a second kid based on surveying the people around her. And the top four reasons are: Not enough love Not enough attention Scared of pain Not enough money I would think that the first two can be grouped together. According to the article, the love and attention to the firstborn will diminish (maybe half?) upon the birth of the second child. As for point 3, the pain refers to not just the pregnancy and labor experience. This also includes the care giving during the first few...

Read More

Like us on Facebook

Follow us on Twitter