How To Retire Early With A Bicycle, Bowl And Bed

I realized I written more about sleeping and cycling than saving and investment here in this blog. This trend sometimes draw questions from friends and family asking “ How come your blog all talk about cooking your own meal, cycling to work and how to sleep well (doesn’t this important)? Shouldn’t you write more about money saving tips, spending strategy, banks with the highest interest rate or which stock is going to be the best performing star this year?”

So, in order to sell you guys the benefit of those, I done a calculation on the numbers involved when cycling to work, cooking own meal and sleep well in night.

1. Cycling
My cycling-to-office plan ended after 4 months. I can’t remember why it dies off but I do remember the number I saved during that period. Here it is:

Cost involved:
Bicycle cost: S$275
Lock: S$15
Helmet: S$30
Mask: S$70
Total cost: S$390

Saving / income:
Saving from 4 months of cycling to office: approximately S$280
Selling price of the bicycle: S$220
Total income: S$500

The end result was actually good for me, saved some money, got some exercise. I earned/saved about S$110 from 4 months of cycling and I am only talking about journey to and from office. During that 4 months period, I also used my bicycle to visit my friend who stays 20km away from me. So the total saving/earning could be more than S$110.

After went through the saving in absolute number, let’s look at the number through the eyes of investor. Let’s calculate how much money we need to save and invest to support this S$70 per month expense.

Investment return from cycling
Assuming our investment gain is 5% per year and it remains stable throughout your investment years. To get a positive cash flow of $70 per month, you need:

(S$70 X 12) / 5% = S$16,800

That sure sounds like serious money to me, S$16,800. It is not longer some trivial expense you always thought when you calculate them from the angle of investment gain and the amount needed to fund them. How long it took you to save up S$16,800? Or when are the last time you saved up S$16,800?

2. Cook Your Own Meal / Sleep Well
When it comes to benefit of cook your own meal or sleep well, it is more than number. Besides the obvious saving from lower food cost, lower entertainment and lower medical cost you get to enjoy life.

What do I means? I means you get to control what are you feeding your children with, I means you get to spend time with your parent while they giving your advice on how to stir fry that vegetables (I sure get many friendly advice from my mum), I means you will be in better mood when you are meeting your friend, talking to your husband/wife and I means you will be performs better at work.

What Should I Do?
If you are convinced like me, have not much talent in cooking but like to try out this cycling/cooking/sleeping business, one almost confirmed guaranteed failed formula will be try to implement them all at same time.

Just do one thing at a time, if your office is very far from your house, don’t cycle to office then, cooks some simple healthy lunch for yourself. If you absolutely hate exercise and cooking, don’t do it, just go to bed half an hour earlier than your usual sleep time or ever 15 minutes is good enough. Just do something.

So, did I convince you why am I writing so many posts about cycling, cooking and sleeping?

3 Comments

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3 Responses to How To Retire Early With A Bicycle, Bowl And Bed

  1. Nice looking website here, and I like your calculations for return on investment with the cycling stuff! Very impressive.

    Although I don’t see exactly how the sleeping saves me money just yet….could you explain that part further?

    • admin

      For me, sleeping earlier is more like a strategy to increase my productivity, this will have to depends on your current situation. For example, I have found out that if I sleep during 10pm – 11pm, I will wake up around 5am to 6am the next day and stay alert the whole day. I will find myself more focus on the works and managed to end the day earlier during a normal work day.

      Another not so appropriate example will be about my friend. He like to sleep at irregular hour (normally after 12am) even when he need to wake up early morning (5.30am) for his work. From what I observed, his immune system suffered from this life style choice (of course what he eat play a part here). For every 1 to 2 months he will suffer from sickness that not only wipe out his productivity and also costs him money to consult a doctor.

      Another common sleeping habit I observed from people around over the years is parent tends to let their children follow their own sleeping habit. For example, children are asked to sleep early (normally before 10pm) from Sunday to Thursday because school and company operate from Monday to Friday. The reason why I am saying so is because this restriction is relaxed on Friday night or Saturday night. But consider I never have a child, my opinion might not agreed by all the parent out there but this is something I think will be better for the kid if parent can take note of it.

      Hope my explanation cleared any doubts you have here. Enjoy your stay here. ^^

  2. Pingback: Be Unrealistic To Retire Early | Let's Retire!

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