the flexi plan - draft 1
I've done some math. Assuming I retire at the age of 60, and I graduate with my honours in accountancy at age 24, I have a good long 36 years to work. 36 years. So my question now is, "Why hurry to find another 9 to 6 bondage now?"
With a mere 'A' level certificate, I can command a pay up to S$1500 gross, depending on the employer. This would mean some security: a fixed pay check every month. However, this also means inflexibility. I would have to be in office from 9 to 6 for 5 days a week. Not to mention that most employees have no freedom to give overtime a miss when work is behind schedule.
Thus, I'm considering other alternatives. I just dowan to be bonded to an office and subjected to a volatile working environment. The last 3 months has been a horrible and painful experience. I dowan to re-live the pain. It's about thinking out of the box, about finding the time for more meaningful pursuits without a drop in income. One such avenue is tuition. To bring in the same amount of income, I would only need to clock 12 hours of tuition per week at standard charges of 30 to 35 dollars per hour. This is as compared to a minimum of 40 hours per week in the office to bring in the same income. Anyone has tuition assignments to recommend? =)
This image, taken from howardsviews.com, portrays credit cards as the economic slavery in America
The above is taken from www.wilsonsalmanac.com. I'm sure we've all felt this way before; we feel compelled to go to work although it may not be pleasant.wikipedia.org defines wage slavery as follows:
"
Wage slavery is a socialist term used to refer to a condition in which a person is legally (de jure) voluntarily employed but practically (de facto) a slave. It is used to express disapproval of a
condition where a person feels compelled to work in return for payment of a wage. In colloquial terms, this may refer to people that make a cult of work (the extreme case is death from overwork, known also as karoshi), or
those who require one to work to be socially acceptable. In terms used by critics of capitalism, wage slavery is the condition where a person must sell his or her labor power, submitting to the authority of an employer merely to subsist."
In conclusion, I currently have no interest in feeling compelled to work in return for a fixed wage. Business and investments are out of my reach now; but I'm looking for alternatives that offer me similar freedom and flexibility. =)
P.S: If my views seem unorthodox, I recommend that you read books like "Rich Dad, Poor Dad" and "Cashflow Quadrant" by Robert Kiyosaki. While it does not mention strong metaphors like wage slavery, it does encourage readers to generate income by other means other than solely from employment - trading time for money.
Labels: life
