be financially independent

Ooookay… so with my recent stroke of luck, I was able to open a mutual fund account. Two, actually, under the same company. One account focuses more on stocks, while the other has a mixed investment scheme. I plan to open a couple more accounts, but with a different mutual fund company.

Sowing the seeds of love, and the fruits of hard labor. :-)

I’ve just placed my first investment in a mutual fund and planning to dump more of my extra savings into it over the next few weeks. I have to keep it in there over the long term.

The best thing about being burned is that one knows how hot and uncomfortable it can be. I don’t ever want to be in debt again! Yes, I still use my credit card, but I make sure that I have cash on the side so I can pay for it otherwise—it’s hard making a major purchase carrying many bills around.

(There’s something that the Chinese do that I think is one great system to try. If you want to buy something, save up for two of those.)

There’s a book I’ve read once that explains why people spend a lot and hardly save anything, and that is because these people are acutally uncomfortable having money. The moment they realize that they’ve some kept away, they subconsciously find a reason to spend it.

Now I don’t know if that’s true at all. I realize that my spending habits are fueled by another more pessimistic reason, which I really won’t go into. But I’m working on killing the ‘splurge habit.’.

This is, like, my grand daddy of a goal, given that I’m in my mid-30s and I haven’t saved even a month’s worth of back-up funds. Not even an insurance policy. Must act NOW!!!