Q1 review - Hitting $150k in cash savings
Last time this year, I blogged about how this is the most anticipated time of my work year.
These few months, I was so busy that I even overlooked the news of my HDB ballot number. And when I heard about my promotion, I wasn't particularly excited. I was so mentally exhausted that I question, is this all worth it?
But today, I'd like to remind myself. That this too shall pass.
I'm still facing shit at work. I still feel incompetent and stress when I can't seem to get things done. I still can't sleep well some nights. But when I sat down and think about the decent bonus, promotion and the ~10% increment I received, I thought to myself, there are no free lunches in this world. At least, I was appreciated by my bosses. I look around my peers and some much older were bypassed for promotion. Even when things are tough, I must pull it through.
Unless I win the $8 million TOTO today ;)
Anyway, I had just ran through my finances and am pleased to see that I've crossed the $150k cash savings mark. Yes, I'm risk averse, cash rich and assets poor. I'm not strong in investing, so I build up my money mainly via simple savings. You can refer to my old post on my tips on how I save my money. If I can do it, so can you!
To me, having enough cash makes me secure. But I'm wondering if I have too much cash on hands and am not making the money work harder 🤔 Then again, with my upcoming house and wedding, I'd probably hold the cash in my accounts for now.
Back to the daily grind tomorrow.