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KK@.com - A Place for Me to Share

Got To Find Time To Write More

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Life... There is a little adventure everyday in it

Written by -CarL- Saturday, 12 June 2010 07:26


2 weeks gone already? Seems like an article a day resolution is a far catch now. Drifting further and further away every single day. I don't like it to be that way. I WON'T LET IT BE!!

I made up that resolution in the final week of May. A week I have most of it by myself. Doing things I want to do, the way I want to do it. Much like a holiday filled with things I WANT to do as a priority and doing things I NEED to do in between the things I WANT to do. Time was abundant. Few works need to be done, much time to play.

Writing is one of my hobby, and indirectly writing on this site has become an extra income source. I don't get much, but enough to consider writing more often to make writing as one of the main income source for me. Right now? A cup or two of starbucks coffee per week. That is the only worth of this site materially.

The thing is, once I get into June, which in the last few years have been light on jobs, I keep filling my schedule for the month with works. Pheww... a month that I could take things easy an slowly have been a month with literally no time to play. Between works and World Cup matches, I'm lucky if I could find 4 hours of sleep daily. Nap on train doesn't count. I don't nap on trains usually, but if I do that means my body fatigue has won over my mind control to do things I seldom do at any other places.

Still looking forward to write daily here. I hope I will have the time to do it. For consolation, it is good enough right now for me to come out with ideas of topic to write daily and some rough writings of it whenever I have a time opening to do so. It just the matter of putting some more works to finally put them in here as best as I could. 


 

Keeping My Life Under Budget

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Life... There is a little adventure everyday in it

Written by -CarL- Friday, 28 May 2010 08:21


MINIMALISM!!
Is the way of life I've decided to follow for the time being. Living a low budget life while maximizing incomes and investments. I've been thinking back all 25 years of my life and the way I've been spending my money and I don't think I would like to continue the pattern I've been creating in my earlier life. Which is spending everything I earned and sometimes more than I do(credit cards!!). I did have savings, but half(or even more than that I think) of them spent for the things I wanted to buy.
Since I came to Japan, I encountered a number of incidents that make me realize that the best thing to do is to have at least an emergency savings, and some investments for future. But the thing is, living in Tokyo where you could buy almost anything you could imagine in the world, trying to discipline yourself to save a portion of your money is very hard. Well, even if I'm not in here, I don't think I could resist buying tings I want easily.
I tried and I failed. I tried again but the results are still below expectations. Sometimes I do think I should just give up and living my life like others. Living the life!! But I really don't want to make it as an option. As time goes by, I do hope I could better control my spending habits and turning my dreams into reality. Anybody who read the post to future me does know what my financial goal is. Sadly, I'm only able to achieved about 10-20% from what I initially targeted currently.
Under stress to make my average monthly investments higher and at the same time achiving higher percentage of investments target. I still have a few months before my birthday, that means I still have time to achieve higher percentage of my targets before the stakes get higher(I review my current investments and new target annually on my birthday.
This is how its work. I have a target specifically to be achieved on my 40th birthday. That means from the last birthday until the next one I have to achieve a certain amount of investments annually. It then divided by 12 months, and that is how much I have to invest monthly. On the next birthday, I'll review how much I've put my money into investments, the percentage of investments I achieve for that particular year, and calculate the difference with my goal that I've set and set a new annual and monthly target for the coming year. If the investments I put for the year before match the yearly target, that means I don't have to put higher target for the coming year.
The problem is, my incomes right now doesn't even match the numbers I have to put to investments. In other words, even if I put 100% of my incomes to investments, I won't achieve my yearly target. That is where I'm counting on winning trades, compounding dividends and reinvestments. It is initially expected however I won't be able to achieve 100% of my yearly target for the first few years. But I still held my hope highs for the situation to be better from time to time.
Well, that is the story of my life. While others living their life fully, I've decided to live a hard life for a better future. This is when I really hope Malays' old saying "Berakit-rakit ke hulu, berenang-renang ke tepian, bersusah-susah dahulu, bersenang-senang kemudian" is true. The truth will be tested and I'm counting it to be true.
expenses < investments < incomes


 

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