Being Environmentally friendly to your money

I was having this thought and discussion this week…about how being environmentally friendly can lead to you saving money in the long run.

It may seems costly at first to invest in environmentally friendly products, but in the long run it can save you money as-well as help save the planet.

For example, instead using disposable forks and knives at restaurants/takeaways, how about bringing your own travel utensils kit?

Then there’s reusable drink bottles that can be refilled time and time again. Everyone also knows about the metal straws, which are also resistant to heat.

Food wraps made from beewax are costly to buy at first but think of the money saved from using disposable clingwrap.

Having reusable calico or strong bags for shopping, so you don’t have to pay for a plastic or paper bag. They also tend to be stronger , more durable and versatile, and bonus some have cute patterns!

Solar panels! Expensive upfront costs, but over time they help power your house and also can earn you money when you produce more electricity than you can use, so it goes into the grid.

Water tanks!!! Most people have water tanks in their gardens (if they have one). It is great for watering plants, cleaning cars, or to be used for flushing toilets in the home. Save money on water! Why not?

Riding a bike for short distances. This equals exercise AND transportation, as well as being fun for some people.

This is all I can think of for now, but I think you get the picture, but being environmentally friendly, you can also satisfy that stingy, money saving person in you 🤣

How to be comfortable #forever alone

There are going to be times where you will be alone, whether driving to work, going on work vacations or if you don’t know anyone in a social situation…or even during Covid lockdowns. I think it is always useful to have something to do in case you have time to kill and don’t want to waste it.

1. Have a piece of technology with you at all times…most likely at least your phone…so you can use it to surf the internet, use social media, or write ideas for future blog posts…

2. Have a book to read…Whether a light novel, autobiography or whatever. It is perfectly acceptable to sit somewhere to read, you would less uncomfortable with a book than without. Can even read manga or ebooks from your phone like Webtoons! Or listen to books being read out loud on Audiobooks etc.

3. Have some good music to listen to. Emo music is great.

4. Get a pet. Dog, cat, fish, or turtle etc. Even plushie or bolster is fine. xD. Anything you can cuddle really….

5. Learn how to play an instrument..but don’t spend too much on your first instrument xD you can learn from Youtube videos.

6. Just learn to love yourself and to love the friends and family around you. You can do this with the help of Apps, self-health books, psychological services, or just spending time on yourself.

7. Maybe get a plant? But only if you can keep it alive, nothing is more depressing than a dead plant in the house :(.

8. Watch online streamers or even start streaming yourself! Maybe a good way to connect with other people or make new friends.

9. Get into the stock or share market!! Why not use all that spare time you have being single and grow your investment portfolio and become a bit more well off than you are now. Also look into your Super Fund and see if they are really growing your supperannuation for you or is it time to choose a different option for yourself.

10. Work out and get yourself the best body you can have! Go to the gym as much as you can, get fit, and get healthy..or play a sport, like badminton!! I guess this is good for making friends and socialising as such, if your area let’s you go back to indoor spoorts that is.

I am guessing the reality of these things I listed is because when you DO eventually get into a relationship, you most likely will have less time to yourself and to do what you want. Why not make the most of this single prime time and make it your time..

-#Foreveralone

Quiet Before the Storm

After six months of working 6-7 days a week. Suddenly I am back to one day a week.

Scary. What should I do with all this spare time?

Of course I need to job hunt and keep doing interviews.

But, still so much time.

So I have a few things I am thinking to work on or do during this time.

  1. Being able to cook edible, easy, and semi-healthy meals for myself.
  2. Make sure I am up to date with my CPD (Continuing Professional Development) points for this year! We need to complete 40 CPD points as a year as a pharmacist.
  3. Aim to update daily with quality on this blog! This will include scheduled and unscheduled posts.
  4. Start doing recorded live interviews for my (almost forgotten) podcast! I have a few ideas of regular everyday people that I want to interview for my podcast.
  5. Work out 4 times a week and lose that post-covid 19 fat T_T!!
  6. Catch up with my nephew, sister, aunty, and uncle!
  7. Try to grow something. Flowers, cucumber, Carrot. Anything. Except mold. No Mold please.
  8. Think and plan my goals for the rest of the year and next year. I.e. financial goals, Shares goals, and etc.
  9. Finally have some time to clear out the junk in the kitchen, bathroom, and do I even want to touch the living room?!
  10. Get in some solid restful sleep.  CHILLAX. Destress and hopefully my resting heart rate will go back down to ~60  instead of the 72 it is now 😦

 

Here’s hoping that I will make the most of the time I have between now and my next job… 🙂

Financial Health Check

I’ve been listening to a bit too many podcasts about money lately…as you can probably tell. I was listening to one particular podcast where someone on the show was making a website based on getting you better deals by allowing you to compare side by side what the different banks were offering in terms of things like term deposits, loans, etc. I can’t believe how much time it saves! So today, post work I have set about moving some money I have been saving up for my future house deposit and put into a 3 month term deposit…I highly doubt I will be able to purchase a house within the next 3 months, so better to maximise the interest I can get while it is in the bank.

I have a second account in which I have some emergency funds that I can use for spending, because I don’t want to lock away all my money in a fixed term deposit. I will use this money for things like unexpected expenses I may incur or for expensive things like specialist appointments… *Sad face*.

I wish I had done this earlier! It takes a lot of time though, trying to sort out your finances. As I also have multiple bank accounts across three different banks and so manyy bank cards…it’s hard to keep track of how much money I actually do have…xD yet great in a way, because unseen and forgotten money means I spend less!! I also have to remember to keep checking up on my stocks and to keep an eye out for good prices..and to remember to keep growing my rather small portfolio.

I still have much to look in terms of the superannuation..I think I will look further into it after I finish up my current contract…as I will have to combine that super with my other super account…somehow…

So many things to think about as an adult…who knew looking at your financial health was so important and took so much time? *sad face* BUT in the end, if you look after your finances, it will look after you in the future. *happy face* (hopefully).

How to *Think* about buying a house

If you know me in person, I probably would have told you this, I want to work hard so that I can buy my own place and finally get another dog! Childish? Maybe. I’ve been saying this, in addition, telling people I want to travel overseas to London and Europe…which is probably off the cards for the next few months. I’ve said it for a long time and one of the reasons why I haven’t got there yet is because I have procrastinated and not done much research on how to buy a house :(.

I don’t know how other people seem to have got there so fast! Maybe it is because I am picky and because I want to save up as much as I can for that initial deposit and get a decent house… There are so many things to consider! Asides from having to have a stable income to be able to pay the mortgage for the house, you also need a good credit score. It might be also beneficial to get a mortgage broker to help you liaise with mortgage lenders to get you the best rate that you can get.

You also have to research a good place to buy a property and also consider things that are around the property such as which schools that property is zoned for. You might not have kids of your own, but if you ever want to resell, you could get a higher price if you are in the zone of a good school. I think it is important to consider buying a property that will increase in value over time and not depreciate…Otherwise, you might be selling at a loss if you have to ever move for whatever reason 😦

For the type of house, you probably don’t want to invest in an apartment or a one room unit, as they will be difficult to resell later on and you may even lose money in the process. I have also read it is not advisable to purchase a house that hasn’t been built yet! They could end up dodgy or not what you expected… Personally, I don’t want a house that requires a lot of work to be done on it…because with that money I could have gotten a better property for a bit extra that didn’t require so much work. Because I am lazy and I also probably won’t know what I am doing.

There is so much to think about, how did my parents manage to do that? I suppose it was different for them, house prices were lower and they had help from my dad’s parents. I remember when we were house hunting for the house we currently live in. My parents asked me for my opinion of the house and I still remember saying, “I like the tiles in the bathroom, let’s get it”  and we got it. I am still very picky about the bathrooms to this day and YES it will still determine whether I get a particular house or not.

Oh, the joys of adulting. Earning your own money finally, but it never seems enough. It’s more than you ever had, but it STILL isn’t enough to afford a house in this day and age :(. Oh, the joys of millennial life 😦

Money Matters

Been thinking a lot about money lately. How to earn it, how to save it, how to grow it…and yeah how to spend it…and I realised…I have literally put all my eggs in one basket…I work for my money and then I get money… I put money in the bank in a savings account..and I thought I was doing good. Getting like 1.59% interest for my savings. But ACTUALLY, I just found out that I am doing pretty bad! I am doing the safest way to hold onto money. But pretty much the worst way…

Due to my Christian upbringing, I know of a story of a rich man who entrusted three servants with varying amounts of talents (a form of currency back then). The first man who was given the most… say 10 talents -doubled the number of talents he had by trading and had 20 talents to give back to the master when he came back. The second man who was initially given 5 talents, also invested his talents and came back with 10 talents for his master. The last servant who was given one talent, was lazy and buried his talent into the ground, so that he could, according to him, “keep it safe”, because he knew how hard-working his master was. The master praised the first and second servants and said that they were faithful and that he would promote them. However, to the last servant, he called him wicked and lazy and he cast him out. He told the last servant, at the very least you could of put the money in a bank and get interest payments from it…

I think this is a concept I need to put in my life a bit more. I am always so afraid to take risks…scared to lose what I worked so hard to earn. But being scared is holding me back from my potential to earn. It occurred to me that I am relying on my ability to be able to work crazy hours as a source of income. How about instead, I make my money work for me? In the past, I have done long-term deposits with my money…and yes they have a slightly higher amount of interest that you can get, but they have so many terms and conditions and exit fines if you withdraw deposit early…You basically are lending your money to someone at a super low-interest rate. I have been looking at ways of investing lately…my long-term goal would be to get an investment property…BUT I realised in order to get there I need to earn more…sure my job salary is great…but I am really not working the money I already have. So…I have taken an interest in buying stocks. I never really understood stocks previously… It seemed so adult..a foreign thing that I did not understand and I did not take the time to understand.  Until I realised, I am an adult now..and I should think about other sources of income..to prepare for my future…and life post-work. Passive income, that’s what they call it. In stocks, investments, bonds, etc…many I don’t understand. But hey, it is never too late to start right?

My plan is to start with a small investment initially…and hopefully when I get some dividends from the company…I will use that to reinvest to buy more shares…and hopefully, that will grow and grow!  Yes, initially it will hurt to use my money to buy a piece of the pie…but if that pie grows and becomes more valuable, then that’s when I will know it’s a worthwhile investment.

Oh gosh, who would have thought I would be writing and interested in the share market?

 

Am I growing up now?

 

2020… What other surprises will you bring?