I’ve been writing extensively on pursuing the Financial Independence Retire Early (FIRE) movement and working towards retiring by 50 myself. It can be really tiring as my journey remains a work-in-progress with many years to go.

Sometimes, I do ask myself whether it’s worth the effort to continue on this journey.

If we look at the other end of the spectrum, what does it mean if we choose to remain financially dependent?

In this article, I try to imagine what it’s like if I choose to remain financially dependent like majority of the population today. There are many ways to define financial dependence so for the purpose of this article, this is how I define financial dependence:

  • I will have to live from paycheck to paycheck, saving very little each month.
  • I will have very little or close to zero cash savings.
  • I focus on to keeping up with the Joneses and are trapped in lifestyle creep.