Random: Black Friday and remote worker

On Black Friday:

Super proud of myself on not succumbing to unnecessary spending on black Friday. The temptation is real, FOMO is human weakness…. The weekend temptation is finally over! Phew

On wfh or remote working:

I thoroughly enjoyed the 100% remote working mode after being a “Covid employee” (employed during Covid period) for a year now.

When we exit from the Covid, I’m not sure how well will I adapt back to the working at a physical location. It will take time…

Oh well, if I’ll to look for future jobs I would start to favor remote work if it’s offered.

You Will Probably Spend up to $427,035 by Age 30

Let’s see how I fare against this chart from seedly

Picture from Seedly

Study loan: $0, was blessed to be sponsored by mum in overseas studies, and return in favor with mthly allowance when starting working

Resale: 239k (cpf). 31k cash outlay for 2nd home. Can’t remember first home cash outlay including cov.

Marriage: 5k, did a sit down close door 2 tables during ROM including simple dress and photography. No Chinese banquet done as we feel too shy to have attention all on us and a waste of money.

Renovation: 50k for both homes after offset profits from first home sales

Child: none as we are dink by choice

Total: approx 23% less than the average spent 427k projected

Housing takes up a large part of expenditure. It’s best to get a BTO (not sure with current predicament that’s possible for most) and do minimum renovation if possible.

Nov updates

OAC Endowment that has been running for twenty years will mature and due for payout end of this month, I do not have any high hopes of return. Well it’s the folly of youth since 21 year old, perhaps the only consolation is the monthly premium is insignificant.

Work wise, mass exodus is happening. There are re org and uncertainty. Old birds are flocking elsewhere. Just got over one year tenure, not sure when the new boss is coming on board. Shall thread carefully. 9 more years to coast FI is the motivation at work now.

Cpf FRS is projected to reach in Dec 2023. Going to top up $8,000 each to my own and mister SA in Jan 2022.

OA balance projected to be self sufficient in Apr 2024 to pay off remaining home loan.

As of now:

– Have about 100k of warchest to invest and doing research on what to on board.

– Keeping 118k cash for emergency fund

– Finding happiness outside of work is important. I am spending more time reading and with family these few months

– Practice meditation to calm futile anxiety and help focus better

– Went through a volunteer interview with a local charity, hopefully can match skillsets and availability to their programme

– Depending on the workload for next year, if it is less hectic, would considered going for a NAFA certification in Chinese calligraphy which can be offset using skillsfuture credit.