I am actually quite intense when it comes to reading. Especially on personal finance or early retirement stuff. When I stumble onto a great blog, I am the kind who will spend a couple of hours digesting the “About” pages, rationalising the blogger’s finances and even putting myself in the shoes of the blogger to savour the journey better. And then proceed to re-read the exact same articles again some time later.
This has applied to blogs like ERE, MMM and LivingaFI. Although two of them are not exactly Americans, they pulled off early retirement/financial independence/a long sabbatical (you get the idea) before the age of 40 in the US.
When I was still working from 9 to 6, I was pretty obsessed with emulating them. And I yearned for a Singaporean example to show me the way and help me to navigate some of the obstacles better in the local context.
Sadly, 5 years ago, there was probably none. Heck, that was probably one of the main reasons why I started this blog in the first place. So lucky you.
And even better now, there are 3 relatively new early retirement blogs that I highly recommend and am following really closely.
ERSG is a guy in his mid thirties who has enjoyed some form of early retirement in the past few years. Even before this, he had already taken a long sabbatical during his late twenties, so he’s really no stranger to taking breaks from work.
Interestingly, right now, he’s actually on the lookout for some form of sustainable and enjoyable part-time work, which sorts of lend credence to my idea of semi-retirement and 15 hour work weeks.
Besides household chores, sending the Mrs to work and pursuing his own interests, ERSG is really prolific with his writing these days, writing up to three or four posts a day. I check in once a day and learnt quite a bit from him. Case in point, my shaving costs have dropped from about $4 to less than $0.40 a week.
This is a blog with two writers, Dave and Kate. From their blog title, you would know that there is a strong focus on adopting a minimalist lifestyle. Well, if you don’t believe me, just click on the link about their home below.
I have been trying to psycho Mrs 15HWW to reduce clutter and move in this direction and this blog has definitely helped! Their shopping ban is something I would definitely consider as the stock of new clothes from JB keeps on piling up.
For people like me who is curious to know how a child’s expenses add up, you can take a look at their expenses update too. My impression is that although the expenses are definitely not on the low side, it’s mainly due to fixed expenses like full-day childcare, parental allowance and their insurance costs.
Very impressively, they are on course to achieve Financial Independence (FI) within the next three years, before they turn 40. Even with a kid in tow.
This is another blog shared by another married couple, Mr C and Miss K. (Shoutout to Mrs 15HWW: It’s time to pull up your socks!) They are really really new to the blogosphere (two months) and both of them are in their early thirties.
And very impressively, Miss K is sort of 4 months away from early retirement. At that point in time, she will leave her job to care for their second bundle of joy. It also appears that Mr C will be able to leave the corporate world and join her and their two children sometime in 2019.
Which is really wow. Just picture two young adults with two kids in tow and having the finances to leave their jobs and travel the world. And of course, sipping coconuts on the beach.
My guess is when it’s time for the children to enter Primary School, they would likely resettle back in Singapore and if they manage to find fulfilling and reasonable-paying jobs then, it will give many confidence to take a long sabbatical in this new economy.