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Showing posts from February, 2016

Achieving $300k cash before the clock hits 30

When I first started blogging (cue the first blog post), I set myself a goal to save $100k by 28.
$100k cash, excluding CPF.
I achieved this at 25.

I even thought my $100k would drop downwards after paying for flat, reno, kids. But who would have known that my chance to get a flat would only happen at 27, and my savings grew and grew?

$200k at 28
At 28, I hit $200k cash savings. It took me 3 years to grow another $100k. 
If not for the fact that I've been topping up $14k annually to mum and my CPF RA/SA, spendings on wedding, house related stuff and frequent holidays, I would have much more cash on hand. But, that can't be real, that's not living - those money have to be spent.

If not for the fact that I've pumped $80k over the past 7 years into stocks, of which the paper value is now only at $60k+, I'd been $80k "richer". The converse could be said if I've great investment capabilities to grow $80k to $100k 🙃

Anyway...
As I edge closer to 30 ⏰, I've ano…

Budget Tracking : Feb 2016

Before I start, sharing this quote I came across from the internet that resonates with me:

Don't you agree?

In the month of Chinese New Year, I felt like I gained more than I spent because of the angbaos I received. Hehe. But, I'm not sure if this is the 2nd last time I'm going to get my angbaos because I want to get married soon! Argh, gotta discuss more with my bf. Right now, we're just too passive.

Fixed expenses: $525

Variable expenses: $1,304.69
Food - $161Mainly weekday lunches and a few dates and treats for and with my bfShopping & Misc - $566.451 blogshop dress, NTUC shopping, a Groupon deal & Oakley sunglasses for my bf etc$$$ to my mom for her birthday, health checkup, $10 TOTO (got 3 rows with 2 numbers T.T), and visit to the TCM because of my really weak stomach. Any recommendations for good sinseh? Foresee spending more on Misc for such health visits, but I hope it's worth it.Travel expenses - $477.24$448.64 for 3D2N Bangkok trip$28.60 for Travel…

Budget Tracking : Jan 2016

Inspired by my favourite finance blogger - Mr 15HWW, I hope to document my monthly expenses.

I've been tracking my spendings diligently every day and it has become a habit for me to key in my spendings into my spreadsheet. I could do it on the go as well as I synced it to my phone. While there are times when I forgot to key in, I'd do so the following day. This makes me remember what I've spent on and let me know how much I've saved vs my earnings.

However, I don't really analyse my spendings. For eg, if I spend more this month on food than the other months, I don't really care or be mindful of my spendings next month. I see myself as a disciplined and self-controlled lady and also believes in eating well. But my meaning of eating well is not to eat abalone, seafood and shark fins everyday la! It's more of eating healthy or food that I feel happy eating with my colleagues, fiance or family :) Also to share, I seldom eat cold desserts or snack a lot cause I…

The First Post - Welcome

Hello. I've been inspired by the many financial/budgeting blogs I've read but never got down to blogging about financial stuffs on my own. I've owned blogs since I was 12-13 and still kept some of them (although most of it are collecting dusts) but I've decided to open a new blog just to document my financial journey.

I am a private & conservative person who does not wish to divulge too much things about myself. I guess my financial style is very conservative as well. I don't take much risks which makes me very boring, but well, I survive :P

Some things about me:

In my twentiesIn a stable job, doing what I like (as of now)Engaged to a really nice boy so I guess I'll document my future wedding and house-hunting journeys!My next financial goal is to save $100k by 28 - probably inspired by the many blogs I've read Note: I don't tout myself as a finance blogger because I know nuts about investments BUT I do know how to budget my pennies wisely ;)I'm …