Read? Counting So Hard On How Much Money Is Enough?
With several insurance policies, CPF saving, investment portfolio and a fully paid 4 room HDB flat; the counting of money showed that it was not that bad. His family should be able to "tong" through the next 15 years without too much financial hardship.
In fact his CPF saving, investment portfolio and a fully paid 4 room HDB flat already made him a Millionaire in asset value; but he couldn't afford to take 1 to 2 months no-pay leave after using up his 90 days hospitalization leaves. This life experience has taught him experiential wisdom to see the difference between Rich and Wealthy.
A million dollar in asset value can make us feel rich; but not necessary we are wealthy enough to afford thing that we want even it is just about $X,XXX in value.
Not until we went through life crisis ourselves; how many will fully agree and appreciate this article? The More Cash People Have, the Happier They Are
Rotting cash does have other explicit value and become priceless when the circumstance becoming so urgent and necessary!
The conventional wisdom of advocating 6 months of emergency cash is enough?
Well. It is all depends on one's age and state of health.
In the 40s and 50s, 6 months is enough? How sure?
If the state of health is not that good. 6 months is enough? Really?
Before Uncle8888 reaching 55; his emergency cash is term of years because his life experience has taught him Cash is King!
Rotting cash does have other explicit value and become priceless when the circumstance becoming so urgent and necessary!
The conventional wisdom of advocating 6 months of emergency cash is enough?
Well. It is all depends on one's age and state of health.
In the 40s and 50s, 6 months is enough? How sure?
If the state of health is not that good. 6 months is enough? Really?
Before Uncle8888 reaching 55; his emergency cash is term of years because his life experience has taught him Cash is King!
Posts
钱是维持生活的基本，但钱不是万能的，没钱却是万万不能的。
ReplyDelete在世间俗事（柴米油盐酱醋茶）中，包括孝顺与养育都离不开钱这东西，钱的重要显然可见，没钱是万万不能的。
但从某个角度，某个个案来说，钱可以买到一个人，却买不到这个人的心，这时，钱就不是万能的。有句老话说：有钱能使鬼推磨。当今社会环境却是：有钱能使磨推鬼！哪一样哪一件不是钱做出来的？你没钱就只能过着粗茶淡饭的生活，你没有别墅，没有小车。
但是，从另一个角度说，有钱就不等于能买到快乐和开心，因为钱这东西再多永远是不知足的，有钱了还想着更多的钱.但在某种情况下钱买不到爱情,友情,亲情,时间健康,自尊和生命等等.
Source: Internet
Those Money that we can see and count; but cannot be used to purchase is useless when we need them most. :-(
DeleteLife on its own has enough worries. Why worry more? The future is not for us to decide. Do everything in moderation including spending and saving for the future.
ReplyDeleteNo matter how much we save, no amount is enough, divine blessing is important. If Heavens decide that you are striken with all manner of diseases, no insurance cover can help you there.
Our current consumer inflation is 3% annually, it is already impoverishing us even if one is a millionaire in asset. Medical inflation is 15% annually! Today, a medical specialist doing less, less bloodied or bloodless ops, all-in same day cut and discharge, key-hole robotic surgery but the bills come multi-baggers, wiping out your decades of investment.
With all these, should we be feel bearish? NO, just laugh and be merry.
Cheers.
Fred