Tuesday, May 27, 2008

Stretching your dollar

In terms of being financially smart, there're a few people I ought to learn from.

Firstly, there's Dan, who always look for the cheapest deals before he make a purchase. I am really impressed by the effort he puts in his research, so I went down to the supplier with him today just to see how much money he can save in buying his bicycle. He paid 150 for a bicycle that has a retail value of 240. 90 dollars for doing some homework.... not bad.... I should start looking for good deals in this manner.

And then there're a few friends who save up and invest a portion of their money. I think it's quite important to be investment savvy. At the very least, you must make sure your savings beat the inflation rate, or you're only draining your purchasing power. So probably i need to start somewhere soon. Wanted to go into forex but maybe stocks trading would be easier to start.

And this thing about the business, at this stage it's still throwing in money and effort so that someday it can run on its own. I just hope that very soon.... i can start drawing an income from it too..... and some day, it's going to be something big enough to be a career...

Well, the most practical thing to do now is of course to secure a job with good training and development. I really don't mind overseas opportunities cos it seems to be the right time to see the world.

Counting down to Shanghai in 11 days.... maybe i can visit the companies there to see if they employ? haha

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