Wednesday, May 26, 2010

random money matters

went to a HUGE wedding last weekend-- rumors abound that the decorations for the reception area alone amounted to half a mil already! ridunkulous, right?  but it was a really wonderful night and i truly wish the newlyweds a happy and equally amazing marriage. anyway, during the reception, my relatives in the same age group got talking about independence and marriage, specifically our age deadlines for both.  i want to be out of the house between 25 to 28 y/o--i've recently been feeling quite down, to be honest, and think that i really need to discover who I am and be the person I want to be, regardless of how other people around me are.  and i somehow feel that i can do this best by living on my own, acting the way i want to, instead of always reacting to the situations i encounter.  i also need to make something of myself and feel that living on my own will help me do that, if only so i won't have to tiredly keep explaining the choices i make.

anyway, back to topic.  i'm 22 and a half now, which means i've got about 2.5 - 5.5 years to save a ton of loot, if i am to ever live on my own (btw, normally, marriage is another option--sharing the bill with a husband would be nice haha--but i don't want to make any predictions and jinx my chances.  to be honest, the romantic future is looking a bit bleak right now.  okay, self-pity ends here). 


ideally, when i'm on my own, i should still manage to keep saving instead of having it all go to rent and survival expenses.  how, you ask? at this rate, i don't know either! haha. but i've read a few things in the past that did get me thinking.

one is to let your money work for you too.  apparently, this is one thing that the rich do.  instead of spending on something that won't contribute to your wealth (like a signature bag) or, worse, that will even subtract from it (like a fancy car), you need to put your money in a place where it will work hard to make you richer. haha. so you can use it to further a biz, invest in stocks, or even earn in a bank.  i told our maid this last night and she suddenly got the idea of buying a pig instead of a TV.  that's the spirit!

another one is a quote i just read from the King, Elvis, himself.  "Sharing money is what gives it its value."  'nuff said.

here's another beautiful quote from Henry David Thoreau (whose works i should start reading, btw): "Goodness is the only investment that never fails."

and with that, i bid y'all adieu, at least for now.  i hope these ramblings get you thinking and adjusting your lives the way they're starting to do mine :) feel free to share your favorite quotes about wealth on this post.

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