Tuesday, July 14, 2009

Money minded

Money Money Money!

I find myself thinking about money alot these days.

Do I have enough for my future home? Will I be able to manage it well? Will my kids have enough to see them through uni? Blah blah blah....

I think Syl might be a little irritate by my constant worrying and budgeting. I hope she doesn't think I'm becoming stingy. I'm hoping to save a little more for our Dream Home!

At the moment, I'm a bit caught up in creating potential streams of income. Specifically, I'm researching the various online business ideas that I can potentially do. I'm thinking this would be a lower risk way to try out my business ideas. Currently I'm thinking of doing an E book on men style basics and maybe doing a blog/website dedicated to men's fashion/style for the average Joe. I realised fashion blogs tend to cater for upmarket designer wears that have apparel that can cost up to a few hundred dollars a piece. The average middle class hardworking Joe on the otherhand might not be so keen to spend so much on fashion. So in my years of experience of being a tight arse in my clothing but still trying to attain that designer look, I think it might be a niche worth exploring. We'll see how it goes! Wish me luck.

Also looking into money management methods, e.g investments and budgetting. I found a book-Secrets of Self -Made Millionaires by Adam Khoo that has given really practical and step by step instructions on how be in charge of your finances.

As a young man and father, I think I do hope my avenues in these things will allow me to gain financial security for my family and loved ones.

1 comment:

Jogo said...

I'm glad that you're keen to learn/get more cash. And Designer Look? I beg to differ. Perhaps you could approach some friends who are investors(real estate, gold, silver). You can also try attend courses by actual investors?
Also, If you save your cash and yet still have to pay tons of taxes is still crappy? So take care of your dough.

Johan Out.