What's your financial Strategy for this year?

K

koeks

Expert Member
Joined
Oct 21, 2008
Messages
1,567
So what's yours?....

I'm planning on buying having two cars. a smaller car and a bigger car. Then save at least R5k every month...
 
P

Picard

Guest
My financial strategy is to keep my job, finish this thing I'm studying and then to get a higher paying job.
 
K

killadoob

Honorary Master
Joined
Jan 30, 2004
Messages
46,571
Stop drinking and smoking :), stay home and watch more soccer :p and entertain myself.

Saving 3k-5k :)
 
G

guest2013-1

guest
Joined
Aug 22, 2003
Messages
19,800
Become self-reliant with key clientele bringing in a decent income each month excluding my own income I make via my own projects
 
F

Fuma

Executive Member
Joined
Jul 9, 2007
Messages
5,111
koeks said:
So what's yours?....

I'm planning on buying having two cars. a smaller car and a bigger car. Then save at least R5k every month...
Click to expand...

Buying a car has never been a "financial strategy" IMO. I would say buy 1 car that will be almost big and almost smallish. Save another R5k that you would have spent on the 2nd car.

Unless if you are rich...:cool:
 
S

syntax

Executive Member
Joined
May 16, 2008
Messages
8,655
earn more than i spend.
cut up my credit card eventually
save money by reducing certain recreational activities
buy decent house by december
pay off at least half of my car.
 
CathJ

CathJ

Expert Member
Joined
Nov 2, 2005
Messages
3,878
Speak to a financial advisor so that my excess cash is doing something for me rather than sitting around lazily in the bank :)

Oh, and I plan to feel guilty about renting instead of paying off my own bond; look around at house prices; look at what size bond I qualify for; and then put off feeling guilty for another year.
 
medicnick83

medicnick83

Paramedic
Joined
Aug 23, 2006
Messages
21,005
koeks said:
So what's yours?....

I'm planning on buying having two cars. a smaller car and a bigger car. Then save at least R5k every month...
Click to expand...

I plan to change jobs ASAP and do something better and save every cent I can.
Move out and in with GF when she gets back from Germany.
If I get my job that I want, I plan to make a huge success of it!

The rest will follow...
 
U

USZA

Executive Member
Joined
Nov 9, 2006
Messages
5,287
  • Settle unnecessary accounts ( have only 1 left so far)
  • Move debit orders to credit card to save on debit order charges; then pay one lump sum amount to credit card every month resulting in a considerable cost-saving on bank charges
  • Invest savings; a brokerage did a presentation to me on share-trading, so I'm considering going that route with the savings
 
S

stoke

Honorary Master
Joined
Aug 7, 2003
Messages
10,532
Nope, I aim to earn more than I spend. It is my financial aim for this year. Exactly how I'm going to do it is quite an unknown.
 
RazedInBlack

RazedInBlack

RazedInBlack
Joined
Sep 4, 2008
Messages
37,356
Due to the unpredictability of the our economic situation, I'm gonna play it by ear. I really don't have any stategy for this year.
 
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