This is the week I complete my private property purchase and I have submitted the cashier’s order for the remaining portion of the downpayment to my lawyer. It’s the most significant sum of money I had to put down so far and I have been preparing for this in the last few months. Even though it’s an expected big drawdown of my cash balance, I’m still shocked by how little cash I have left. This is going to be a long rebuilding journey of my cash position given the upcoming renovation and car purchase costs in the next few years. I have allowed for this lifestyle inflation on housing and transport because I believe they will bring more value to my family in terms of time and effort savings in the long run.
While it will cost us financially in the short run to set up, the right level of lifestyle...