Asked on 19 Dec 2018
Here is Seedly's "5 Days of Christmas" Day 3 task!
Tell us what are your personal finance resolutions for 2019? And if you'd like, share a little about your personal resolutions as well.
For me, my pf resolutions would be to get my finances in order, starting with using the Seedly Money Framework. And personally, to get healthier by cutting down on some bad habits, as well as.. maybe.. exercising.
Let's hear yours!
My Personal Financial Resolutions for 2019:
Total Returns = Capital Gains (growth stock) + Dividend Yield (REITs)
Other side resolutions:
I will be documenting my investment journey here on my Seedly profile, so do join me here: https://seedly.sg/profile/kenneth-lou
Here is the reference from previous years general template:
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My personal finance resolutions for 2019:
Learn to self pick REITS and low cash high potential equity via direct investment as first steps to build passive income stream.
Sign up more classes to upskill / upgrade for better jobs / more income.
Find alternative income stream to save more for better cash flow to invest to reach goal #1 faster.
eXcercise and food control to lose 10kg! :P
What's yours ? Any suggestions to reach all the above in plan ? :)
Since we "Never plan to fail but fail to plan!" - Let's work towards our goals by first start planning !!!
Cheers! Merry Christmas and Happy 2019!
i wish i can make more money whilst sleeping. i meant i hope to earn more passive - not selling my body. haha.
In 2019, I want to
I want to go premier banking so can drink free wine
Financial/Personal Resolutions for 2019:
Enjoy your Christmas and Happy New Year
I have only just started my investment journey this year, after attending my first SGX talk just months ago. So going forward into 2019, I am hoping to be a little more daring when making my first investments. I am also excited to attend more investment talks and learn more from the insightful articles on seedly XD
Save and invest 50% of my take home salary!
Firstly My 2019 personal finance resolution would be that to get a better paying job, able to save more than what i saved this year and lastly is to invest my money somewhere to make it grow!
Secondly is to travel to taiwan and japan as i'm dying to go there on top of that lose some weight!
Lastly is to learn more about finance management and help people around me to have the habit of savings!
My 2019 financial resolutions are:
1) To commit to no spend days
2) To cut away subcriptions from Netflix and Spotify
3) Maintain or increase my savings
4) Broaden my source of wealth
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Gotten some inspiration online & my specially picked ones are :
Taking the challenge to have some “No Spend Days” in the month! Something new
Tracking my budget more consistently
Cutting bad habits to reduce overall expenses (e.g eating at restaurants less often, avoiding temptation to have desserts all the time after a full meal)
My 2019 Personal Finance Resolution is to 1. find a better job with better work life balance and prefarably higher pay, and 2. save as much as i can for BTO
01 Jan 2019
For my pf resolution, I aim to further challenge myself to learn more on investment by doing more reading and attending courses next year! Seedly had been my go-to place for reading as a beginner. ◡̈
My Personal Financial Resolutions for 2019:
2019 is a brand new year. In the coming year, I will try to polish my knowledge in financing either in saving or investing. I will stick to my plan towards financial freedom. In such a challenging years I ll try to accumulate more value stocks in my basket, involve some p2p crowdfunding to boost the earning. I will also cut some bad habit which which is wasting time and money. In this year I learnt a lesson, do not be hurry, just step by step towards financial freedom. The more eager you are, you might lose much more than you expected
My personal finance resolutions would be to try to increase the percentage that I save from my salary, track my expenditure more diligently and cut down on where I can and to learn & finally do some investments!!
And finally like everyone else, to lose weight hahahahaha. :D
Personal finance resolution for 2019 is to start turning in a tidy profit on all my investments. 2018 has been a year of consolidating my messy investments and throwing them into eTFs
Wow I was just planning this last night. For about 35k, including bonus, this was how I planned.
Firstly, TREAT YOSELF. Gave myself a budget of about 5k for holidays and entertainment. Planning to catch the Aladdin and Matilda musical next year! Plus visit North Korea.
Then, "business expenses" read one or two new cameras. I would really like the Fuji XT3 and maybe the 50-140mm. Or maybe get more Canons and get the 11-24mm? Need some LED lights too. Probably 5k for the lot though I might exceed.
With the remaining 25k, I plan to put 15k into SRS and invest either in an annuity or stocks, depending on the market. 7k into CPF SA. 7k in my parents' OA. And keep the remaining 1k as buffer or maybe to donate?
In the past, my approach towards "saving" money is cutting down unneccessary expenses (e.g. reduce dining out with friends, cut down on facials, try to avoid taking Grab/taxi as much as possible). Though these are good saving habits, but certaintly unsustainable in a long run as this affects the quality of my life.
In 2019, I will start to take advantage of credit card promotions or/and make dining reservation through Eatigo app to enjoy more savings without compromising meet-up with friends. When booking hotel for overseas trip, I will also book through Shopback to enjoy greater cashback savings.
I will also look forward to read more on investment strategies to know how I can grow my wealth.
Overall, I hope to improve my personal financial knowledge to acheive financial freedom for myself.