Personal Finance
Working Adults: Is It Possible To Break Free From The Singapore Rat Race?
By Seedly  •  November 19, 2017

Very often, you cram yourself in the crowded MRT in the early morning and wonder to yourself, what you are doing with your life. It will probably look something like this.

Thoughts of #QuarterLifeCrisis or #MidLifeCrisis strike you and soon start realizing that you have been stuck in the Rat Race. Here are the 4 common methods which broadly cover the options which you can consider.

TL;DR: From least to the most effort & risk: Extreme Saving: By charting out a low monthly expense and scrimping away (often promoted by the regular education system and government as this is pretty much a defined path to retirement) Passive Income: By investing in dividend stocks or a weekend project or website which you can sell and drive income passively (often adopted by financial bloggers here in Singapore) Small business exit: By opening up a traditional money generating business (eg F&B or...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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