Friday, 6 February 2015

More about this blog


This is to elaborate on my welcome post, after making progress in the past five weeks to get some content up here. I hope this will make it easier for you to search for posts in particular subject areas, as well as further clarifying the intention of the blog.

Structure

As you probably noticed I am a beginner at blogging so the structure and layout of this page is very basic. I have decided to use the following labels to categorise each post :

·         Financial Freedom

·         Earning

·         Spending

·         Saving

·         Investing

·         Mindset

·         About me

·         Start here

The first five labels should be self explanatory. So far I posted a lot about FF and there will be some further posts to cover my basic thinking on this. After the overall FF framework has been covered, I intend to dive deeper into the four buckets of the FF waterfall and share some of my experience and tips on how best to handle each one : Earning, Spending, Saving, Investing. The Mindset label will capture posts about the psychology of FF. About me is also obvious and will capture self reflections and other posts that give some personal background (albeit vague/non-descript as I already explained this is an anonymous blog). Finally the Start here label is for these introductory posts and any other key articles which are the foundation of what this blog is about.

Content

All of these blog posts are original content that I’m writing myself. When I quote or take inspiration from another source I will always try my best to reference it accordingly. As I start to read other blogs, I noticed a few times very similar content as what I have already put up, e.g. FF water buckets on Living My Rich Life’s blog, and the Shawshank redemption analogy in livingafi.com’s Fear of Freedom post. I guess this can easily happen as most FIRE bloggers are like-minded people and have similar influences. Where possible, I will edit my post and make a cross-reference especially if there is a close similarity. Please accept that these are purely coincidental and unintended occurrences. Meanwhile I intend to stop reading other blogs for a few weeks, at least until I type out the next 3 or 4 posts to complete my basic thoughts on the topic of FF (there will be more to come after that, don’t worry!). Hopefully this way I can avoid contaminating my own ideas and/or subconsciously copying content from others.

Not for profit

I mentioned in the first post my intention is to be honest and transparent. I’m sure readers might wonder if I plan to “monetize” this blog, and if you might soon be seeing google ads, amazon links, etc. I know it’s one of the criteria I sometimes use to screen if I want to follow a blog or not, especially as (with most things these days) readers are overloaded with choice and need to prioritise.

To answer the question: This is a Not for profit blog. I have no intention to monetize it in any way. If that ever changes I will inform you beforehand, but I really can’t foresee why that would occur. By the way, no disrespect to those who have profitable blogs, I think that’s fantastic and an excellent achievement too! But it’s not my purpose here, which is really about the objectives I already stated - to have a space for some self reflection on the transition to FF, and to give back to others by sharing the benefit of my experience, in the hope it might help those at early stages of the same journey. Of course this could be presumptuous on my part to assume this blog will ever be widely read, but I wanted to make it clear nonetheless.

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