Photo by Kristina V on Unsplash
In my below post, I have talked about how much money is needed to achieve “Financial Freedom”.
How much money do you “Really” need to be completely “Financially Free”?
That was targeting “Luxury”. If we hit that mark, we are for sure “Financially Free”.
In other words, we were kind of talking about the upper limit of the requirement for “Financial Freedom”. After we have achieved that mark, there is no reason for us not to declare “Financial Freedom”.
Today, I would like to talk more about the lower limit, exceeding which we can call ourselves “Financially Free”.
To be free, we need to have the resources to lift the constraints of life.
So what are the constraints of life?
To quote a Chinese saying, Birth, Aging, Health, Death, Clothing, Food, Accommodation, Travelling (including commuting, vocation etc) [生老病死,衣食住行]
I am going to split them into 4 categories:
Birth, DeathClothing, Food, TravellingAccommodation, HealthAging
1.Birth, Death
These are...