Personal Finance
The 3 Wealth Levels – Where Are You Right Now?
By Singapore's Budget Babe  •  March 10, 2021
What is your level of financial freedom? While this is most measured quantitatively, there has been more discussions in recent years on the emotional freedom that money can bring you. Stewart Butterfield, founder of Slack and Flickr, introduces his 3 levels of financial freedom. Which level are you at?
Source credits: Oakview
My friend Kyith wrote a really interesting post over the weekend that I wanted to highlight here as well - you can read the original article here. What caught my eye was the 3 levels of financial freedom that was quoted from Stewart Butterfield:
  • Level 1: I'm not stressed out about debt. People who no longer have to worry about their loans or credit card debts.
  • Level 2: I don't care what stuff costs. How much you spend on a meal isn't determined by how (little) money you have anymore. In other words, if you eat at a hawker centre, it is because you want to rather than you having no other choice.
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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