Ironically, I have never been interested in managing my finance, increasing my wealth or working towards retirement until the birth of my first child. All of the above had seemed so far off. Short-term goals were more of a priority – planning for the next holiday, buying a car, getting the latest IT gadget.
A new addition to the family relates higher household expenses. Formula milk, diapers, childcare, medical care etc adds up to quite a sum. However, what comes along inspires new long term dreams and goals – enrichment classes in the areas she desires, an overseas education, wedding and last but not least a legacy.
Personally, I have a new goal in life, that is to retire at 45 while I am still at the prime of enjoying life. How I go about doing it will be captured through my though processes along the way.