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Author Topic: FINANCIAL GOALS for 2016  (Read 20173 times)

showermist

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Re: FINANCIAL GOALS for 2016
« Reply #80 on: September 18, 2016, 03:18:57 am »
Hello Guys, Ask ko lang how do you save in your emergency fund? Thanks

Hi Sis,

Start 10% of your salary or whatever amount  you're comfortable setting side into your savings. Six months worth of your salary is the basic advise. Again if you're not comfortable you can make your Emergency fund 12 months worth of your salary, whatever works for you. This should be easy to access. Remember it's for an emergency.
To build it faster, any amount you get apart from your monthly income should go here: increase in salary, bonuses, monetary gift, windfall etc.
if you've built that EF to an amount your comfortable with, you can start saving for other investment.
Good luck!

Annie M.

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Re: FINANCIAL GOALS for 2016
« Reply #81 on: September 19, 2016, 10:59:25 am »
post ako ng new goals, kasi pag pino-post ko dito natutupad eh:

1. Reach 500k in stocks + mutual fund portfolio by the end of the year. So far we are at 300k+.
2. Pay off investment property by end of 2017.

ayan. tutulungan ako ng universe. i believe it!


Update ko lang to give myself some sort of accountability:

For #1 - 450k reached so far. Ang dami nga lang gastos in the coming months, so sana talaga maabot yung 500k by year-end. Kaka-stress ang mga bayarin. Car insurance, upcoming travels, etc.

For #2 - Continuing to save for this and pay it down.  1.1 million to go.

 

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