Asked on 19 Dec 2018
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:
Grow my total Investment portfolio value to around $30k
Buy 2 x REITs in two seperate industries
Continually contribute my RSP every month
Ensure our Joint Account with my other half continues to grow well (and put at a better Yield location rather than the 1% p.a now) Saw a 2.02% savings account model type (even better than SSB)
Total Returns = Capital Gains (growth stock) + Dividend Yield (REITs)
Other side resolutions:
Grow the Seedly community here while our team also grows! And become Singapore's largest personal finance community centered on the mission to make smarter decisions!
Donate some % of my income to charity I believe in (right now it's the Brain Tumour Society Singapore)
Lose 10kg and win the weight loss challenge at work - Total pot is worth $1k LOL
Try the Keto diet lol.
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
Make money doing what I love
Give money by donating
Read up some financial books
Track my budget for expenses
Plan for future tradings, fixed deposits to earn some profits
I want to go premier banking so can drink free wine
Financial/Personal Resolutions for 2019:
Invest in Blue Chip Stocks by monitoring market movement. Not sure if the next economic crisis is coming. Given that 1997 Asian Financial Crisis and 2008 Great Recession were roughly 10 years apart, I wonder if it's coming soon! Need to research more on this.
Make $100,000 for the year 2019 through acquiring more clients in my Digital Marketing Agency
Provide more free financial advice on Seedly platform whenever I have the time.
Work out at the gym and get that sick body to impress the wife. Teehee.
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:
Increase my revenue instake as a student, via giving more tuition, taking up internships and part time roles.
Reduce my expenses as a student, emaning eating cheaper meals, less partying, stay away from having a girlfriend.
Stay focus on goals on goals above for now.
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
I would like to:
Read up more on personal finance
Broaden my passive income
Donate and help others more :)
Ride out the volatility in the stock market now (and have the cojones to watch it nosedive)
Invest in REITs, slow but steady stream of income
Hold out for 2020 before buying any new phones (wait for 5G!)
Do the usual, save wisely.
Make a dent in the universe.
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?