Notes on budgeting strategies, savings goals, Investments: Stocks, bonds, real estate, retirement planning etc and Financial literacy: personal finance, taxes, insurance, and financial planning.
Quantified Self:
- Income sources (salary, freelance work, investments)
- Expenses (fixed and variable)
- Budget allocations (groceries, utilities, entertainment, etc.)
- Savings rate
- Debt payments (credit cards, loans, mortgages)
- Credit score
- Net worth calculation
- Investment portfolio value
- Investment contributions
- Investment returns or losses
- Retirement savings progress
- Emergency fund balance
- Insurance premiums paid
- Tax-related activities (filing deadlines, documentation)
- Financial goals progress
- Money-saving strategies implemented
- Cash flow management
- Charity or donations made
- Subscription services (cost, frequency of use)
- Cost-cutting measures taken (e.g., negotiating bills, cancelling unused subscriptions)
- Income earned
- Expenses tracked
- Budget adhered to
- Savings accumulated
- Investments made
- Debt paid off
- Credit score monitored
- Financial goals set
- Financial independence progress
- Retirement planning undertaken
- Emergency fund maintained
- Insurance coverage assessed
- Taxes filed
- Estate planning considered
- Financial literacy efforts made
- Philanthropy or charitable giving practiced
- Financial setbacks overcome
- Financial milestones celebrated
Invest in stocks, mutual funds, or other assets.
Start a side business or freelance gig.
Income#
Employment#
Salary#
Base Salary#
Bonuses#
Investments#
Stocks#
Blue-chip Stocks#
Growth Stocks#
Real Estate#
Residential Properties#
Commercial Properties#
Mutual Funds#
Index Funds#
Bond Funds#
Passive Income#
Rental Income#
Real Estate Rentals#
Airbnb#
Dividends#
Dividend-paying Stocks#
Dividend ETFs#
Royalties#
Book Royalties#
Music Royalties#
Patent Royalties#
Budgeting#
Expenses#
Fixed Expenses#
Rent or Mortgage#
Utilities#
Variable Expenses#
Groceries#
Transportation#
Discretionary Expenses#
Dining Out#
Entertainment#
Savings#
Emergency Fund#
Cash Reserves#
Liquid Assets#
Retirement Savings#
401(k)#
Roth IRA#
Goal-oriented Savings#
Travel Fund#
Home Fund#
Education Fund#
Debt Management#
Debt Repayment#
Debt Snowball Method#
Debt Avalanche Method#
Interest Management#
Negotiating Lower Rates#
Debt Consolidation#
Debt Consolidation#
Consolidation Loans#
Balance Transfer Cards#
Financial Goals#
Short-term#
Saving for a Vacation#
Budgeting for Travel Expenses#
Building an Emergency Fund#
Setting Aside a Percentage of Income#
Medium-term#
Saving for a House#
Down Payment Savings Plan#
Children’s Education Fund#
529 Savings Plan#
Paying off Credit Card Debt#
Debt Repayment Strategy#
Long-term#
Retirement Planning#
Retirement Savings Strategy#
Retirement Income Planning#
Wealth Accumulation#
Investment Portfolio Growth#
Passive Income Streams#
Inspiration#
- Dave Ramsey, the financial guru and radio host who teaches how to get out of debt and build wealth
- Suze Orman, the personal finance expert and best-selling author who advises how to make smart money decisions
- Robert Kiyosaki, the entrepreneur and author of Rich Dad Poor Dad who educates how to increase your financial literacy
- Warren Buffett, the legendary investor and philanthropist who shares his wisdom on value investing and compound interest
- Mr. Money Mustache, the blogger who retired at age 30 by saving and investing aggressively
Quotes#
- “Debt is dumb. Cash is king.” - Dave Ramsey
- “People first, then money, then things.” - Suze Orman
- “The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.” - Robert Kiyosaki
- “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” - Warren Buffett
- “The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income.” - Robert Kiyosaki