He spoke for the first time recently and delivered a presentation listing all the important stuffs you have to know if you want to learn about the mindset on the path to financial independence.
It is a path less traveled, a path most of us don't know about (and stigmatized). We are brainwashed by massive consumerism nowadays, thinking that we always need to buy more stuffs, that we need to work for 40 years or more to reach retirement.
The fact is, most of us can achieve FI in much less time than most people think. And you don't even have to give up that much.
WDS 2016: Pete Adeney from Chris Guillebeau on Vimeo.
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This coincides with a recent post from AK's blog.
Do you believe you need to be a high-income earner to achieve FI?
The fact is it is not that tough for most people to do so - especially in Singapore, as long as you aren't in financial distress or extreme low income group.
Do you know nearly half the world population live on $2.50 a day?
(compare this to us spending $6 on a cup of coffee)
Do you know that a networth of about $70KUSD is enough to put you at the top 10% of the world's richest?
The fact is, most of us just don't want to put in the effort.
We save up for a year only to splurge it on expensive vacations (or worst, take a loan). If you live this way year after year, there's no way you can afford to stop working.
"Spend all the money we make, we will always be poor. Borrow money to fund our lifestyle, we will be poorer than poor".
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