Not too long ago, I sat down with myself with a pen, paper, few markers and my planner. I wrote down my short term goals and my year end goal as if there were no financial hindrances.
I am unstoppable.
My short term goals were:
– Avail of a health card wherein it will also cover or have my parents as my beneficiary/dependent
– Avail of an emergency ambulance for my family and grandma. Medical service within convenience
– Diversify: Bonds, Time deposit, Equity, bank savings
My long term goal was only but ..
– A car.
I decided to just have one long term goal in order for me not to be overwhelmed and be overly pressed. (The thought of a car was overly overwhelming already, actually.)
The next thing I had to thoroughly think of was a game plan. Plot out an achievable and realistic strategy.
I accepted as much projects I can handle, contributed for dailies, magazines or even online (every centavo counts!) and challenged myself to learn a new industry which was Selling
Everything came into place when a job opportunity opened near where I live (literally a 5 min walk away) which saved me from paying the dreadful toll charges, transportation costs and travel expenses such as meals.
Selling certainly wasn’t easy but definitely doable. I learned that product knowledge was the key in order for you to present properly.
From selling one account after another, it was consistency and goal setting on how many accounts per month should I close and settle which made my short term goals worked on and gradually saved up for my long term.
A year’s timeline, reminding myself week after each week, reassessing month after each month was all that I obsessed on.
It was delightful and motivating as I crossed out one goal after another. There were times when I had second thoughts and doubts but looking at my list and budgeting everyday surely kept me grounded and focused.
Before the year ended, I invested on the following:
– Health card: Caritas health shield which was 5 years to pay, 10 years coverage. It was the best proposal I encountered after window shopping on other health cards. The best part was that after such time, There will be a cash back since it also has a life insurance attached to it.
– Emergency Ambulance was through lifeline wherein I was able to avail for my family and my grandma. My grandma also was able to use the in-house medical service within her convenience. Exactly as planned.
– Diversified savings: Bonds was settled (it was the hardest for me to get into but after a year, the annual report definitely made me say worth it!), Got myself a variable life insurance with Sunlife Financial inc (my third account to date since I was 17 years old), a time deposit wherein I was able to also get a mileage credit card on hold out (translation: no debt!) and bank accounts which were divided for certain goals (car fund, everyday fund, untouchable fund).
All accounts were fully paid — in cold hard earned cash! I need not to think of those annual payments. I am debt-free!
PROUD! A dream come true.
The school? I enrolled for a term but having to learn selling was “school” itself. I realized that life has tons of lessons. The world is your university.
I left selling for awhile and entered consultancy. It was a real life MBA. The job involved an immense test on patience and resourcefulness.
Along the way, when I crossed out the last on my list; I was gleefully impressed knowing I was ahead of schedule.
The car was blessed and it was a deal which was worry free and definitely cost efficient.
That deserves a separate post.
This year, 2013, it’s all about working on a bigger goal. My short term goal is to pay off my car, leave no debts on my credit card, have another variable life insurance, and save up on the long term goal before I hit 30 which is my own home.
10 years ago, these were all dreams which were hoped for; dreams which were all floating through “what if” but as we get older, we realize that starting early surely works tons of wonders and setting goals with deadlines.
How about you? 10 years ago we were asked about our hopes, dreams and aspirations. Can you still remember what those were? How was your journey? Think about it.
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