Skip to main content

Random thoughts: Time bombs, Living the present and Barista FIRE


Time bombs


Everything's a time bomb when you think about it.

Our life's inherently a time bomb. Stock market, crypto market are time bombs too.

When we spend too much time worrying about time bombs, especially those that we have no control over, we are subjecting ourselves to unhealthy and stressful thoughts.

You can make plans for the explosion time, if it makes embracing uncertainties easier. 

Don't live in jitters.

Living the present


When we don't waste time mauling the past and worrying about the future, we are present in mind for the present.

We tackle the problems at hand with our best effort, then just let them roll.

If something's solvable, try our hands at it again. But know when to move on.

Don't go trying to lift a boulder out of the way when you can walk around it.

Sometimes we delude ourselves into thinking there are no choices out there. Like you look at a tree and think it is the forest. 

You haven't probably haven't seen enough trees.


There are green pastures and there are always greener pastures. How green actually doesn't matter - it may not even be the shade that you thought it was when you are reached there. There will also always be some shit you got to deal with.

That's ok. Keep walking. (Just don't wonder into the swamps.)

What the heck is "Barista FIRE"?


FIRE stands for financial independence, retire early.

When one wants to retire, it gives the notion that one is tired of work. All kinds of work.


"Barista" stands for working part-time, so it is still work. Just less.

Then one devotes time to other things that are "non-work". Erm... like? Investing?

I don't know, but investing feels like work to me sometimes. Trading too. Even doing household chores.

Only assuring thing is - I don't get fired for not hitting the KPIs.

As for my "official work", I don't hate it. Ok, maybe some parts of it.

When you hate your "official work", will you try out other pastures?




So we have come to the conclusion that not doing "official work" = retirement.

I am Barista Firing then. That doesn't mean I will not go back to "official work" for the rest of my life.


On the same note, I would deem FI as important to me. 

Because FI allows me to deal with situations at home that I would otherwise not be able to, should I be working full-time. FI also gives me more freedom and time to pursue the things I want and do what I like.


Always waiting for the "right time" to do something is kind of like constantly moving the goal post. I would rather look back at my youth and regret on some things I have done, than things I have not done. Even though I know that they may not always be the "right" things.


Like what you read? Follow me on Facebook or Twitter for updates and news I dig.

Check out my referrals for fantastic sign up bonuses on SAXO, Moomoo, Gemini, Celsius, Blockfi and more.

🤗
Thanks for reading!

Comments

  1. FI allows one to take it easy with year end performance appraisal and following year KPIs setting and always indicates status quo on career development plan. :-)

    ReplyDelete
  2. Barista FIRE works more for the US I guess, since most people need a job for medical insurance. Healthcare is a jungle over there.

    ReplyDelete
    Replies
    1. Hi Edwin,

      Ah... I see. So the concept spread here from the US.

      One benefit of Barista FIRE here instead of full FIRE is to get credit loans.

      Delete
  3. Rainbow girl,

    More articles like this please!

    Sharing how you feel and what you think is what makes you unique ;)

    ReplyDelete
    Replies
    1. Yes sir!

      (Eh no poking?)

      Delete
    2. Sometimes poke; sometimes compliment.

      I've learnt from you girls the art of flying "kite".

      Lol!

      Delete

Post a Comment

Popular posts from this blog

Reflections for year 2024

2024 has been a relatively peaceful year. So peaceful that I have read countless novels and other books, met my sports buddies almost every weekend and picked up horticulture. Physical and mental health As we say, health is wealth. I have stuck fairly consistently with my exercise regime and tried to include more fruits and vegetables in my meals (although I eat out more and cook less these days). My weight, BP and cholesterol levels are doing ok. For those 40 years and above, remember to get your  subsidized health screenings from the government . Working less and meeting up with friends more contributed to an improved mental health. I see that the government has stepped up on initiatives in the community but work place initiatives from employers still seemed lackluster, especially for those who can't WFH and need to commit 44 hours or more a week at frontline work. I have also started a Gratitude journey to celebrate all my little life milestones. Financials Investment wise ...

The best credit card for my house reno & prep

As updated in my previous post, I have finally bought my own place solo. For the past few months I have been busy coordinating with various contractors and vendors for my house renovation. As I am still on flexi work schedule, I decided to be my own ID. With only a simple renovation in mind, I set my reno budget as 20k (aircon & fixtures inclusive). The renovation process and acting as my own ID were not as easy as I thought. It took me about a month to gather and compare quotations from different contractors and another few weeks to finalize all the things that I need my chosen contractor to do. I eventually settled for a main contractor who specializes in carpentry work but also provides painting, tiling and electrical services. I have grossly underestimated the amount of defects that need fixing for this resale flat. Fortunately, the floor tiles and some of the existing built-ins are still in good condition so I kept them, otherwise I would have burst my budget. The first issue ...

Shit happens and I lost my low-hanging fruits

My SAYE account has just hit its 25th month anniversary which is also the "month of maturity". Anticipating to get the 3.5% bonus interest for all these months of saving, I was shocked to see only $17+ cash gift credited as opposed to a few hundred dollars. I was about to send a message to query the bank what caused this interest plummet versus what I got in the 13th month when I came across a debit transaction in my account history (GASP!). To my oblivion and horror, I have accidentally selected my SAYE account to transfer $50 to a joint account to foot some bill in one of the months last year. Here's the terms and conditions for those who are not familiar with the SAYE account of POSB. "To receive the additional 3.5% p.a. Cash Gift Interest, ensure that you do not make any withdrawal from your POSB SAYE account." "If a withdrawal is made in the month, this will result in the previously accumulated additional 3.5% p.a. interest to be forfeited." Damn....