____T.H.E. .P.A.S.S.

____Financial Literacy - Something I Hope To Achieve Soon

I just read Yiyang's entry about working 60 hrs a week and not getting rest. Then I saw Eric's MSN nick going "Objective: Secure a good job before going for graduate trip." It's so sad now to realise that I am racing towards the life of a working adult at rocket speed.

But like what Yiyang described, a 60 hr work week is mad. Shit, I hope I don't end up like that man. It's not even a matter of money. 60 hrs takes a lot away from the mental health. You stop listening to music, you don't enjoy your meals, you don't have time for your friends or family. And that is enough to drive one crazy. It is like serving NS again - the recruit period.

While there is always the occasional lament about the meagre pay associated with that first job that anyone is holding, I see that as a stepping stone - a rung on the ladder that will finally bring me to a state of financial independence. Yiyang is currently receiving 1.5k for the job he holds - that's a lot compared to the amount of pocket money I receive every month. Given that amount, I will probably survive with a thousand bucks every month to keep in the bank.

Of course, that amount will never be sufficient to make one financially independent. There are always bills to pay, and soon, the new house will require lots of maintenance. The house is not one's biggest asset, it is a liability. Where do you live if you convert your biggest asset to money?

This is where financial literacy comes in. The 1k you put in your bank doesn't remain there. It should be used to do work for you. Take it out and invest. Not gamble. Okay, investment is a sort of gamble but it is probably safer. The tricky part is where do you put your money in?

I don't know the answer too. Everyone will have their own ways and means to find their own income generating source. I don't know when I will start to learn. Hopefully, a year after into my working life, the sources start opening up and from there, I will be able to feed my family and live a comfortable life.

Of course, hopefully the health doesn't deteriote. Many things can go bad while you are on your way to financial freedom.
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Alright, that's all for now. The exams are looming. Hopefully I find sometime in between studying to put up some stuff here. But I'll be back after exams for sure, hopefully with more interesting stuff to talk about.

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