Wolf Money(躺平 lying flat)

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I was having lunch with my friend yesterday when he mentioned about the phrase. It has become such a big movement in China that Chinese government decided to ban the word 躺平 on internet for fear of young people giving up hope of working hard for the betterment of themselves and country.

Young people in China exhausted by a culture of hard work with seemingly little reward are highlighting the need for a lifestyle change by "lying flat".

There is a growing trend of social underclass among young adult. Young adult around the world especially those working in big cites are resign to their destiny even if they work hard for a zillion years, they can never afford the house and nice thing in life with money they earned. They have little wage left over at the end of the month after paying rent and daily expenses. The yellow umbrella movement in HK started by young people has the same sort of angst. A lot of young people can’t see a future. I am sympathetic with situation face by many young people in our society. The runaway property price and cost of living affect everyone but it affect young adult more which have no asset to start with. Coming from my personal experience. I have work through major financial milestones without any help from my parent. It was never easy but with a bit of luck, hardwork and working smart it can be achieved.  

Converting earned income into passive and portfolio income is essential as cost of living and property price always run ahead of wage growth. By planning early to be financially independent, it give one the head start in life. One need to acquire the necessary knowledges and understanding the rules of the money game. Knowledge is power. The journey is tough but well worth the effort. I want to send out a message of hope. Financial independence can be achieved with proactive planning. Now the question do you want to live a normal life by eating mixed vegetables rice everyday or do you want choices of having a nice restaurant meal without the moolah consideration?  Food for thought 

https://www.google.com.sg/amp/s/www.firstpost.com/world/explained-tang-ping-or-lying-flat-movement-initiated-by-chinese-youth-that-resists-increased-work-pressures-9747781.html/amp


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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for information only. Buyer beware,do you own due diligence.


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