Today’s post is a quite unique as I will not be discussing the detailed quirks of stock market investments but will be focusing on a broader topic of finance, more specifically personal finance or what personal finance writers call as “financial freedom.” What compelled me to write about this subject is that a reader of this blog sent me this interesting email. Since the message he sent is a bit long, I have only presented parts of the email just to let you understand what his current situation is and how this relates to his questions. Here is his email in relation to his question regarding financial freedom. “ . . . I've been working here in Bahrain for two years now but I must confess that I dont have any idea of what savings and investments are all about. For two years, my financial cash flow is this: all I have to do is to wait for payday then "remit" then whatever is left is to be expended until the preceding payday comes. This was my routine. . . . . . Until I … [Read more...]