Goals and Aspirations

It has been a while now since I last tried to formulate my goals and having done some thinking I feel all the more certain that I can restate my goals here.

Short Term Goals:

  1. Monthly save 50% Of my current income and loans in low cost index funds and dividend stock.
  2. Beat the interest plus income tax with the returns on dividend stocks yearly.
  3. Pay of the forced mortgage and interest using dividend from stocks.
  4. Keep a 3-6 month buffer incase of housing crisis or a forced move due to critical changes in way of life.
  5. Minimize extravagant spending. ( See Post : Budget *hyperlink will follow as it is a work in progress)
  6. Rebalanced portfolio before the end of November.

Long Term Goals:

  1. Evaluate housing conditions; at the moment. high rents and low interest on loans.
  2. Diversify passive income sources to include but not limited to any of the following: affiliation on blogs, websites or other multimedia sources, influensors sponsorship, book or other royalties possibilities, renting e.g. rooms in bigger apartments to friends or smaller apartments in whole to strangers to offset mortgages and interest on loans.
  3. Start my own business in tech industry as a part-time expert consultant.
  4. Start my own business in tech industry as innovative problems solutions with a lease possibility for easily scalable production: More idea generation needed. [WORK IN PROGRESS]

These are various ideas currently being worked upon : tactical and strategic plans shall follow along side a budget.

Best wishes,




Design Thinking

After listening to the podcast Hidden Brain I came across the concept of Design Thinking in your own private life.

I can correllate this to my current course in entreprenurship.

It aspires to teach you to face your a situation and find all the problems with it, approach the situation from all sides, aspire to find every angle of the concept and each individual hassle with it. From there on focus, on one or two or several and apply it to your own private life.

Ideas for a future blog post shall follow concerning DT applied to my own lifes.

best wishes,
// AW

Money as a tool

My personal opinion on cold hard cash is that it is a tool.

It is a tool to achieve experiences, pleasure and comfort. But with that in mind its also a tool to achieve, security, peace of mind and a greater quality of life.

These are very different aspects of the power of money, and some perchance enjoy pursuing some over the other.

Extreme hobbyist might spend all of their disposable income on the pleasure of their hobby. Others on new experiences, or repetition of old ones. And others on comforts such as clothes, housing and other material goods.

Some use it to acquire security, with buffers and the capability to care for their loved ones in cases of emergencies and hard times.
Others use it to acquire a peace of mind, allowing them to focus on the small things in life while enjoying a lower work rate.
And others use it as a tool to acquire a greater quality of life, with education, affordable healthcare and being able to follow ones own pursuit in life with the monetary means to fund such expenses.

It’s vital for a person to locate where they are in life, what their aspirations are and to save accordingly. There are few out there whom enjoy slaving away at a job because they NEED the money to pay rent and they can’t afford to not work because they might loose their housing, though this could be a reality for many.

Therefore I encourage you who might have the means now, to set aside a bit of your current earnings to be able to provide for the future you want to live when you want to live it.

One of the lessons I have learnt is that to pay yourself first, with savings, before spending on expenditures. 1%, 2%, 10%, or whatever you feel capable of setting aside without diminishing your quality of life is what I strongly encourage.
Will that 2$ coffee at lunch, every really improve your satisfaction compared to having that 2$ coffee when you really feel like it?

We are creature of habit, but that means that habits form us and sometimes we stop enjoying the habits we acquire.

Food for thought today.

Best wishes,

// A.W

Summer Contemplations

From early spring till about summer there was alot of turmoil in my life. I decided to start working three part time jobs and I lost focus on the importance of my education.

The situation has currently improved, I am down to two jobs now and I have begun focusing on my education again with a new directional inspiration into the world of business and business management.

Regarding my road to financial indepence my three jobs allowed my to continue my saving plan with the goals that had been set for myself.

These where:
Save $900 monthly in low-cost index funds.
Never dip into my savings for leisure.

Very basic but obtainable goals.

I am glad to be back.

// A.W.