Financial Freedom

  • Passive income is not really passive

    Imagine this attractive scene: You are lazing about on a tropical beach sipping piña coladas while money flows effortlessly into your bulging bank account from your passive income sources. After all, passive income refers to money earned without effort and ongoing involvement after the initial setup. No action required. Hence, the word “passive”. No doubt,…

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  • Good personal finance habits

    I have always loved this quote, commonly attributed to Warren Buffett: “The chains of habit are too light to be felt until they are too heavy to be broken.” Well, whoever said this first (and in whatever form) was quite wise and right. It seems like plain common sense. The quote reminds us that we…

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  • My favourite lessons from Morgan Housel’s The Psychology of Money

    One of my favourite books is Morgan Housel’s The Psychology of Money. I know that when two people read a book, they can have wildly different opinions on it—and that is fine. That’s what makes the world diverse and colourful. There’s that old economist joke that goes: when you put two economists in a room,…

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  • Reflections: personal finance lessons I’ve learnt over a decade of work

    For over a decade, I worked in diverse roles including education, community engagement, and policy, planning, and strategy. While working hard, I pursued my hobby (many have called it a passion or obsession) of writing and public speaking. I have been “a worker by day, writer by night, and speaker by weekend”. From these experiences,…

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  • Can economic history teach us anything?

    I’m going to share two real-life stories, one about cryptocurrencies in the 21st century and the other on the economic history of Dutch tulips in the 1600s. Although these stories are literally hundreds of years apart and are quite dissimilar, they have a similar financial moral that I think is useful for us to revisit.…

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