* I realised I took very long to prepare this write-up due to my busy schedule :x *
Many a times, I see and hear people attempting to expound on their newly-read theories of financial freedom. The clichés of passive income, multiple streams of income, and all sorts of jargon that you can see and learn in any basic personal finance books all zoomed in the air towards you.
It strikes me as odd because if everyone in this world were to become disciplined and achieved their dreams of having a passive income exceeding their expenditure so as to be financially free, who in this world would still work? And if no one works, how will passive income still be generated?
To me, the 80/20 rule still applies. What most of the population knows (about passive income, etc) probably does work, but it is unlikely to bring us to the 20 of 80/20 any more. It's a wonder sometimes how some think that they have an advantage after reading just a few more personal finance books than others. The more I think, the more I believe that passive income generation is way overrated for the path towards financial freedom.
Again, another rule which I believe is that work is good for the soul. I believe the world is designed in such a way that work is necessary, else we will just waste away. Our souls and lives are like our muscles; if we don't do useful work with it, we will just waste away slowly since there's no need or use for us anymore.