financial freedom Archives - Ringgit Oh Ringgit

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. Malaysia Hits Deflation for First Time Since 2009 Global Crisis – Bloomberg

The deflation IS JUST FOR JANUARY 2019. As someone on Ringgit Oh Ringgit FB rightfully pointed out, one month’s stats is not a trend made. Plus, the deflation only occurred because Transport category fell so much (-7.8%).

But still, while we’re on the topic, I wanted know if deflation is good or bad. Learning opportunity and all right. This short video is the easiest way to learn about the effect of deflation.

I hope this deflation trend doesn’t get out of hand.

FI/RE = Financial Independence/Retire Early. That’s the dream, isn’t it? Imagine waking up in the morning, thinking, eh, I don’t feel like working today, so you just… don’t. And still be okay financially, with no consequences.

I want that. I want that so bad.

The topic of financial independence and early retirement has been on my mind for the longest time, but I admit I’ve pushed it back time and time again. I’m afraid to find out the amount I need to get there. I’m afraid the number will be too big that it’ll discourage me, instead of motivating me. I’m afraid to think of the sacrifices I have to make.

Which is why I’m forcing myself to write this article. Let’s force out all those jumbled thoughts and put them in a linear, clear format.

Calculating how much I need

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financial freedom

Link Roundup #21: 10 Things to Know This Week

Calculating the Amount I Need to FI/RE in Malaysia

Calculating how much I need