Happy New Year, everyone!
When it comes to resolutions, I say that we should start NOW rather than wait for the perfect moment to start it. I just think that today would be the most fitting day for me to announce what I have been working on and want to focus on in the upcoming year. I want to be realistic with how many I will be able to tend to.
1. Learn about investments (AKA become more financially literate)
Now that I am entering my second year debt-free and built up my emergency fund, I want to save up for future investments. While I am building my money pool to invest, I will need to grow my knowledge and action plan so I will have all my ducks in a row.
2. Start a side hustle (create a second stream of income)
The life I imagine to have is to have enough to enjoy my life to its fullest. This involves not only having enough funds, but it also means having the time. Currently, the standard template to life is trade in your time for money to a boss who is not yourself. I want to be able to change that by building up passive income alongside my active income.
3. No Buy 2019 – Clothing
I tried to do a No Buy 2018 but had a hard time since I was transitioning out of my university clothes to office clothes. Even though my office allows me to dress or the casual side, I realized that I still want to appear more professional. Now that I have everything I need, I won’t buy clothes for a year, but I did budget $300 for any emergency replacements.
4. Read a book a month
I was able to read 12 books in 2018 and it was refreshing to learn about other things or take myself into another world other than this one. Will continue to have this goal going into the new year.
Here is my Read List so far:
- Fahrenheit 451 – Ray Bradbury
- Beating the Street – Peter Lynch
- Rich Dad, Poor Dad – Robert Kiyosaki
- The Five People You Meet in Heaven – Mitch Albom
- The Life of Pi – Yann Martel
- Essentialism – Greg McKeown
- The Design of Everyday Things – Don Norman
I’m trying to keep it with a healthy mix of books that will contribute to executing my 2019 goals along with fiction to reading from being so textbook.
5. Maintain my blog
I must admit, I was not the best keeper to Minnamalism.com (finally settled on a name I am happy with after switching the domain name a few times). In order to do something consistently, I have to be held accountable and work towards a, what my industry likes to call, a KPI (key performance indicator). It is like grading your homework, what metric measures the success of me maintaining my blog?
With that, I will aim to have 1 post a week during the first two months (January and February). Then, I will increase it to 2 posts a week from March onwards. That way, I should have an additional 88 blogs posts by the end 2019.