Is the glass half empty or half full?
<p>“Is the glass half empty or half full?” a proverbial phase to indicate that a particular situation could be a cause for pessimism (half empty) or optimism (half full).</p>
<p>Year 2023: i pursued financial education and learnt about the FIRE concept.<br />
FIRE = Financial Independence, Retire Early!!</p>
<p>This strategy focuses on aggressive savings. Saving corpus should be enough to support <strong>rest of the life expenses </strong>by withdrawing 2–3% annually. Obviously the corpus is invested and should grow at a pace more than inflation.</p>
<p>A good read: “<strong>Your Money or Your Life by Vicki Robin</strong>”, written in 1992 and still relevant means its time tested.</p>
<p>The single most important trait i picked : “<em>I should evaluate every expense in terms of the number of working hours it took to pay for it</em>”.</p>
<p>So lets define few sections of life as:</p>
<ol>
<li>Career: Job, network</li>
<li>Relationships and emotional well-being: friends and family</li>
<li>Finances: Financial education, expense tracking and budgeting</li>
<li>Skill development: learning and practice</li>
<li>Physical health: strength training, running, skating, swimming</li>
</ol>
<p>I have a budget of 10 hrs/day. I am good with rest 14 hrs gone as breathing space, sleep, commute, bla bla activities.</p>
<p>Lets have a weekly view, so got 70 hrs/ week to spend over 5 buckets.</p>
<p><a href="https://medium.com/@nksingh19961996/is-the-glass-half-empty-or-half-full-47e7b78af2df"><strong>Visit Now</strong></a></p>