My Bicycle Commuting - Our weather is so nice

Seems like some don't find the weather here not conducive for cycling to work. He didn't ride before the sun comes out. Not only that, he was wearing office attire while cycling to work. Not the normal attire we locals wear, but in suit.

Actually, I think his speed and suit can help him minimize perspiration, and I guess his travel distance is short. (28 Oct 2013)

Have you bought new shoes for new year?

Is it a tradition to wear new clothes and shoes when a new year arrives? I wonder if partly it is due to technology and quality of these products in the old days cannot last too long. Thus, is there still a need to buy new shoes each year?

Recently, I commented at a blog about this issue. Would you buy a pair of shoes at $40 each year because you want/need a new shoe each year? Or would you buy a pair of shoes at $150 that is very likely to last you at least 4 years?

Ultimately it is not about money

Recently I've been reading about financial planning. I am not a book person, instead of books, I read about some blogs whose authors describe their journey of growing wealth. Learn a lot from these readings.

An important concept in financial planning is deciding between wants and needs. Even though this is subjective, most if not all understand that money is not everything. A purpose of growing one's wealth is to have good life, not to have huge numbers to describe how wealthy one is. Thus, it is unwise to go too much towards one extreme where one minimized his wants, and even needs.

I think there are important things that shouldn't wait. I think many people in Singapore waiting for a new HDB flat for starting family is a terrible