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It's Easier to Retire Early in Singapore Than You Think, Says Freegan
AsiaOne ^ | JANUARY 29, 2021 | Candice Cai

Posted on 01/29/2021 11:48:16 AM PST by nickcarraway

UnXpected is an original AsiaOne series where we speak to people with unconventional interests to find out what keeps them going despite the sometimes negative perceptions of others

His life is defined by three F-words - free(dom), frugality and freeganism.

As a freegan, Daniel Tay gets most of what he needs in life - such as food, another F-word, for free.

Part of his lifestyle also involves eschewing consumerism for frugalism and perhaps even one step further, choosing not to spend unless necessary.

"Most people see frugality as being cheapskate, a freeloader, or like you're 'kiam siap' (stingy)," says Daniel, who hasn't held a full-time job in close to three years.

"But I think frugality is more about not wanting to waste something that can still be used.

"There's a saying, luxury once enjoyed becomes a necessity. And in Singapore, we enjoy too many luxuries," he shares.

The 40-year-old goes as far as to say that it's easier to retire in Singapore than many people think.

"In Singapore, most people in Singapore worry about money. But most people actually don't need to worry about money. Because if you want to retire, it's actually very easy. It's not as difficult as the newspapers make it out to be. A lot of it is because people don't necessarily differentiate between their needs and their wants," says Daniel.

His monthly expenses come up to about $450 a month, a portion of which he gives to his parents. The rest goes toward his term insurance plans, savings and investments, his mobile phone bill as well as public transport expenses. His phone is an iPhone 8 that he bought from a friend years ago for $250.

Food is the most important hurdle for wannabe freegans. Without spending on food, you'd be able to save several hundreds of dollars a month, says Daniel.

According to his calculations, he spent only $8 on food in 2017. And in 2018, he one-upped this feat by shelling out just $5.50 for the year, and only because he went on a date (he paid for his own cup of tea).

Since 2019 however, he's moved back to his parents' place for reasons he'd rather not divulge, eating whatever his parents cooked.

The former financial planner now relies mostly on his investment returns to pay for his fixed expenses. As for his wants, such as a holiday to Thailand he's planning for once the pandemic blows over, he'll get a part-time job to "work for it".


Based on his calculations and barring no sudden life changes, Daniel believes he's able to support his current lifestyle without working a full-time job until he is 90 years old, which is a dream for many.

But Daniel acknowledges his lifestyle is not for everyone, and agrees that it takes someone with a "thicker skin" to be a freegan.

"People who are very conscious about 'face' cannot be freegans. But face and status, cannot eat one," he says simply.

He has a quirky analogy for describing what he does.

Collecting free food and hand-me-downs from your family, it's like going to a provision shop. If you collect from a bin, it's like a hypermart, everything you want is there.

"It's like treasure-hunting, it's very fun," he explains, comparing it to a role-playing game where like-minded folks with different roles form a party and go on a hunt. The bin is their "treasure chest".

The most expensive find? That would be a brand new PlayStation 3 he found a few days before Christmas in 2017.

Daniel takes us on a tour of his parents' place and shows us his other "treasures" — a large chiller, a whole carton of potatoes, multiple rice cookers and other electrical appliances, and of course, shelves of foodstuff, some of them expired.

It helps that his part-time work is at a supermarket.

He gamely cracks open an expired bottle of essence of chicken (best before 2013 according to the label) and downs it in front of us. He shares that he'll accept foodstuff that "even some poor people will reject".

And "as long as it's not rusty, or dented", it is still fit for consumption.

The end-goal for what he does? Freedom.

"There are so many things in life that I want to do. Freeganism is an option that allows me to go and do these other things in my life now."

There's an additional element of fulfilment as well.

Beyond reducing food wastage and helping the environment, "giving away stuff to people does make you happier," he shares.

And just as money may buy convenience but not happiness, Daniel has also realised that having more things doesn't make him happy.

“When you have more things, it means you can give more," because "if you were to take one bite from every item that you that you collect, you'll become obese," he laughs.

Financial freedom and freedom from expectations are also his biggest rewards.

"I've stopped caring so much about what people think about me," says Daniel.

"The biggest change (since adopting freeganism) is that I no longer have to worry so much about money (since) I need so little of it.

"I've become more resourceful and I know other ways to get the things I want, without having to use money to buy them."

Watch the video to find out about how Daniel was introduced to freeganism and how one "hunt" ended with the police showing up.


TOPICS: Business/Economy; Food; Weird Stuff
KEYWORDS: fakenews; freegan; retirement; singapore
Living the dream.


I heard Joe Biden will replace the IRA with this?

1 posted on 01/29/2021 11:48:17 AM PST by nickcarraway
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To: nickcarraway

.....then watch what happened to you with the C.C.P.


2 posted on 01/29/2021 12:02:41 PM PST by The MAGA-Deplorian (It is the Trump way! It is the only way! )
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To: nickcarraway

Wine is taxed at $20/bottle there. No thanks.


3 posted on 01/29/2021 12:03:34 PM PST by BobL (TheDonald.win is now Patriots.win)
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To: nickcarraway
"Since 2019 however, he's moved back to his parents' place for reasons he'd rather not divulge, eating whatever his parents cooked."

He's a delusional free-ak, and sounds like an incel. 'Bapa' should place his footprint indelibly marked on free-loader's posterior.

4 posted on 01/29/2021 12:03:51 PM PST by StAnDeliver (Eric Coomer of Dominion Voting Systems Is The Blue Dress)
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To: BobL

too hot


5 posted on 01/29/2021 12:09:35 PM PST by DIRTYSECRET (My issue would be incarceration. Where to put them? Illegals can be deported )
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To: DIRTYSECRET

40 years old-does he or does he not have a sex life? Not with his money.


6 posted on 01/29/2021 12:12:17 PM PST by DIRTYSECRET (My issue would be incarceration. Where to put them? Illegals can be deported )
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To: DIRTYSECRET

“too hot”

Agree - the average high in December is 86, and the average high in May is 90. Every other month is in between...and it’s humid as hell there.

That’s what happens when you locate your country 40 miles from the equator.


7 posted on 01/29/2021 12:22:37 PM PST by BobL (TheDonald.win is now Patriots.win)
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To: nickcarraway

Another F-word, freeloader


8 posted on 01/29/2021 12:37:43 PM PST by skr (May God confound the enemy)
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To: nickcarraway

More like freeload-igan, living off the work of other people. Nothing to be proud about.

Eating discarded dogs in dumpsters doesn’t sound like a good idea.


9 posted on 01/29/2021 12:42:10 PM PST by I want the USA back (The nation is in the grips of hysterical insanity, as usual.)
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To: nickcarraway
This is very close to what many "homeless" people live in the United States.

The USA is so rich, it is easy to live this life style. Add in begging for money at traffic lights, and many do quite well.

10 posted on 01/29/2021 12:47:36 PM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries. )
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To: marktwain

Soon no homeless in the US

ISN (CNN) is reporting that The Ministry of Truth (DOJ/FBI) under President Clark (Biden) has decreed that the homeless problem is solved.

Backed up by the NightWatch (Antifa/BLM)


11 posted on 02/21/2021 7:55:36 PM PST by Starcitizen (To the filthy Indian trash snowflakes that cried my tagline, eff you and your filthy country. )
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