One of the things that I observed of my peers is that it is easy to get tired of living and playing in Singapore. That is why going overseas for a vacation is always necessary.
The vacation not just act as a breakaway from work, but they served as achievement markers.
So they engaged in a game of collecting these achievements, visit Korea, Hong Kong, Vietnam. Then the big achievements is to travel to Europe and the USA.
When money is tight not hitting these achievements would prove detrimental, as they felt their life lack meaning.
In a certain sense, our financial life is also like that. There are small achievements and there are large achievements.
Many only observe the large achievements and never got started because, the achievements were too large. I would also want to have $1 million, but we cannot have it overnight.
They say that it is that enjoying the process is sometimes what makes it worth while, and its good to track and celebrate the little markers along the way to keep things interesting, find out if you need to deviate your path financially, whether you need to back track.
You realize that if you can realize so much financial goals in the past along the way, you can achieve the same if not much more going forward.
The graphic below shows an example of little achievements along the way that, in each itself is not difficult to achieve, and when they add up, you get to celebrate many major life achievements.
Sometimes when you say life is not interesting enough for you, perhaps you need to look at life a little differently.
To get started with dividend investing, start by bookmarking my Dividend Stock Tracker which shows the prevailing yields of blue chip dividend stocks, utilities, REITs updated nightly.
Make use of the free Stock Portfolio Tracker to track your dividend stock by transactions to show your total returns.
For my best articles on investing, growing money check out theresources section.
- CPF SA Shielding with Singapore Treasury Bills (T-bills): How easy is it? - September 26, 2022
- New 6-Month Singapore T-Bill (est. 3.2%) Available on Auction Until 29 September 2022 - September 23, 2022
- Most Unique Financial Events That We See Today Most Likely Has Happened Before - September 21, 2022