I am very determined to make 2014 my savings year, and so I am building this dream one payoff at a time. I do the classic “correct” formula of
SALARY – SAVINGS = EXPENSES
I’ll say that since late last year I have been financially literate, and I plan to learn more, save more and hopefully, give more… I listed the following points that I hope to cross off at the end of the year and these are:
- Stock Market – I want to buy a share of JFC
- Mutual Fund – 30,000
- Sun Life Investment and Insurance – 4500/quarterly
- Maxicare HMO – 14,000 / semi-annual
- Savings Account
I know I have lot on my list, but I think with the right discipline and determination I’ll reach this and… woah! what a personal achievement It’ll be… Being 26, things are getting serious now and stability and independence is a must 🙂
Upon reading on different blogs and financial readings, I read this two theories in which I can very much relate with.
How about you? Are you thinking of the future now or you’re still in the stage of spending all your money with a “I’ll-reward-myself” mantra? The most important lesson of all in saving is : START NOW! as time is the most essential thing here.
Let me share with you some of my financial reads online:
I posted an entry about STOCK MARKET 101… If you want to know the basics, click HERE.