Many of my friends around me think that I have this secret obsession with money. They know that I track my expenses on a daily basis and can never understand how I can bring out the time to do so. The reason is simple – I make it a priority in my life to achieve financial independence, and there is no other (better) way I know to achieve that – by reducing my expenses and increasing my income. And the only way that I can reduce my expenses is to know what I’ve been spending my money on.
I don’t want any of that precious stuff to go to waste.
Everyone does their budgeting in their own way. The ultimate goal for me is to save as much as I can, without sacrificing some of the values I have in life. Being able to save, really, is one of the basic stuff that you have to do in order to increase your net worth. And then once you have money, you can use it to make more money.
For 2018, I have decided to split my financial report into two sections. Continue reading “My Financial and Expense Report (2018)”
It’s the 2nd year that Miss Niao can celebrate a full-year review for her portfolio again. How well did I do as an investor? Not at all fantastic, though still in line with my goals.
A Look Back on 2017
In 2017, I started my investing journey and injected my funds rather consistently, performing a buy trade with a monthly/bi-monthly frequency. I had no sell trades in 2017.
I have also experienced how a bull market is like, and the emotions I had to go through of having a loss of double digit percentage points on paper – not that it went anywhere unbearable. Continue reading “2018 Portfolio Updates”
2019 is finally here to stay for the next 360+ days, and I can’t wait to review my finances for the year. After my CPF interest has been deposited on the last day of 2018, I do have a rough idea on how well I did in my financial health for the year and I am very glad to say that it has been much better than I’ve expected it to be, though I fell very short on my expenses and exceeded my budget very… exceedingly due to some unexpected expenditures that were quite unavoidable and unaccounted for.
I guess that’s a way of how life throws a rock on your head and reminds you to always prepare yourself for unplanned circumstances, and that even if things don’t go the way you want it to be, it’s going to be fine because you’ll always find a way to make it work, and eventually maybe find other ways to make your situation even better.
Things can always be a lot worse. Continue reading “My Net Worth In 2018”