Goal: Buy Less, Want Less

Buy Less, Want Less

This was one of my goals in 2016 which I was able to successfully accomplish. I did not ban myself from shopping. I was just more mindful of my purchases. Besides, generally, I am not an impulsive buyer because I easily get frustrated especially when trying out clothes that I like but don’t fit hahaha!

However, I had my fair share of moments in the past where I bought things in the hopes that these will fit me after a month. As if. Of course it did not happen so those things go to the someday, maybe pile. And I don’t want to add to this pile anymore, hence this goal.

How did I do it?

In February 2016, I listed down every single clothing I own. I then set aside those that I cannot or don’t see myself using in the future and gave them away to my family. I had a hard time letting go to be honest, but I really wanted to purge so I just closed my eyes and dumped them in the “To be given away” bag.

I also assessed how many pieces of items I really NEED for each category. For instance, how many office blouses and pants must I own given my nature of work and work schedule? If I have x blouses, will I still have something to wear during the days I can’t do laundry because work is busier than usual or my social life was suddenly activated, hence no time during the weekends which I usually use for domestic chores? Do I really need more than 10 pairs of socks? How many casual shirts do I actually own? Do I need more? Do I need to give some away?

I did that exercise for maybe a week during my free time.The final output was a tally of how many I should have, how many I currently own, how many more do I need to buy or how many excess do I have and how many are in my someday, maybe pile and this includes those that fit in the past hehehehe. After all the tallying, while I lack a few items to complete my projected numbers, there are still a lot of items in the maybe, someday pile. And also, how in hell did I accumulate so many pairs of socks?!!!! Hahaha!

wardrobe2016

My inventory of the things I own as of February 2016.

I saved the stats in my phone. From then on, every time I want something, I check the stats first to see if I still lack items for that category. Most of the time, this curbed my impulse to just buy, especially if I see dismal numbers under “pile”. It also did not fail to remind me that I had enough stuff and no need to buy more. Once or twice though, I have to admit, I think I hoarded some shirts but simply because some of my current shirts already need replacements.

I need to update that file now since I think I still gave away a few pieces after February. I also now need to check the things I currently use, especially my office outfits, to make sure that these are still in good condition, colors included.

I also need to do this exercise again in case there are items I am now willing to let go.

I will continue doing this until I am able to fit everything in 1 panel of the cabinet in the apartment. But to be able to have everything in that 1 panel, I should really work hard in shrinking my body so that those under “pile” will be put to use again. I still refuse to give them away because these were favorite shirts and blouses when I was slimmer hahaha!

Aside from helping me purge stuff that I don’t anymore need, I also realized that at least I am not too attached to my things and that I can easily let go of them. I don’t even remember the items I gave away. I just get reminded when I see them worn by my sisters or my aunt. Hehehe.

2017 Goals

It’s a brand new year and so here is a list again to target to achieve for 2017.

  1. Visit at least 6 mountains doable via day hikes. I used to hike in the past years and I kind of miss that.
  2. Read at least 6 books.
  3. Attend at least 2 online courses related to my job.
  4. Start living a healthier life by starting my weight loss journey. I failed this in 2016 and I hope to have a successful start this year. My target is to lose at least 40 lbs. this year.
  5. Reduce my garbage footprint. I’ll talk more about this in a separate post.
  6. Stick to my 2017 financial budget.
  7. Continue construction of my Sayote Kingdom in Baguio, especially its exterior. The plan now is to work on a section as soon as there is enough cash saved.
  8. At least 1 local travel.
  9. At least 1 international travel. Thinking of South Korea in December just because I want to experience winter!

Keeping it short since I am still contemplating on going back to school and if that happens, most of my free time will be spent with doing school related requirements.

Financial Goals for 2016: Year End Review

Aannddd reality check for these 2016 financial goals too!

Statuses:

  • Completed! – as in done/finished
  • On track – met based on budget file
  • Not yet started – not yet started based on target start date on budget file
  • Quite – met but budget not followed (lesser than what was in my budget file)
  • Not met – target not met based on budget file
  1. Religiously pay SK-LU. 5 months to go! Excited to mark this as completed!
    • Mid: Completed! – Last payment made this month! Ahhhhh, so happy happy!
    • End: N/A
  2. Save 50k for processing of papers for SK-LU. After completing the payment in June, I’ll have the same budget reallocated to this.
    • Mid: Not yet started
    • End: Quite – Just need to save 35K as confirmed by agent. 85% completed.
  3. Religiously pay SK-Silang. 2 years to go.
    • Mid: On track – many more months to go :p
    • End: Completed! – for all payments for 2016. 1 year to go!!!!
  4. Save 50k for lot processing of SK-Bgo.
    • Mid: Quite – too many reallocations
    • End: Not met – saved amount will be used for the completion of the SK.
  5. Save 35k for CR of SK-Bgo
    • Mid: Quite – too many reallocations
    • End: Quite – the saved amount will not be for the CR yet.
  6. Increase EIP allocation to 3k/month
    • Mid: On track – started March 2016
    • End: On track
  7. Increase MF to 20k (carry over from previous years)
    • Mid: Quite – still catching up with the savings but haven’t made any deposits to FAMI yet
    • End: Not met – Reallocated budget for nieces, plus, I’ll stop my FAMI contributions for now.
  8. Add 20k-30k to COL
    • Mid: On track
    • End: Quite – 2K deficit to 20K. Was not able to increase this but I opened another investment account instead.
  9. Save 80k for Project BD (new in my budget file)
    • Mid: On track
    • End: Completed! – and even exceeded by a few thousands hehehe
  10. Religiously save 3k/month for niece’s tuition
    • Mid: On track – I can’t wait for her to graduate hahaha!
    • End: On track – Crossing my fingers that she’ll finish her studies on time.
  11. Set aside a Tulong fund
    • Mid: Quite – too many reallocations
    • End: Not met – I decided in the end to not allocate for this on a regular basis due to other allocations. I just check which ones to sacrifice if I need to shell out for items not in my budget.
  12. Continue saving for an international travel
  13. Set aside 10k for December 2016
    • Mid: Quite – too many reallocations
    • End: Completed! – met this, and allocated some more, hence the Tagaytay trip
Summary:
7/13 – On track/Completed
3/13 – Not met
3/13 – Quite
Ok, happy to see that I was able to meet most of my financial goals. Those that were not met were because I had to re-prioritize and reallocate them to other things.
Praying for wisdom to better manage my financial blessings in 2017.

2016 Goals: Year End Review

Before I forget all about my year end updates for my 2016 goals, here it goes.

Just like what most companies do where they have regular business reviews, I also like to have at least a mid-year and year-end review of the goals I made early this year, just to check how I am doing and ensure that I am still on track.

This year’s focus will be: chill, family, health, wealth.

Statuses:

  • Completed! – as in done/finished
  • On track – met as of time of review
  • Not yet started – not yet started as of time of review
  • Quite – met but there were deviations
  • Not met – target not met
  1. Chill
    • Mid: Quite – There were stressful moments but I just kept quiet and pushed myself to just do whatever it is that needs to be done.
    • End: Quite – It was more stressful at work when the 2nd half of the year rolled in so my patience and grace under pressure was really challenged. The good news is, I survived!!!!  😀 😀 😛
  2. Buy less, want less
    • Mid: On track – All items bought were needed.
    • End: On track – While I think I went overboard with shoes last year, I still did not overdo it, that’s for sure.
  3. Stick with financial budget for 2016. I made a new list specifically for my financial goals after posting my 2016 goals in January. I just feel that it’s more effective and more inspiring for me if I track my financial goals separately.
    • Mid: Separate update here.
    • End: Separate update to follow.
  4. Get additional income stream
    • Mid: Not yet started
    • End: Quite – I tried something recently but I’ll still see how it goes.
  5. Spend more time with family
    • Mid: Quite – Spent some time with some siblings last Feb, to support my brother and his family since he lost his mother-in-law. Had a picnic at Burnham Park on Easter Sunday for my birthday celebration with family. No event in Q2.
    • End: Completed! – there were meet ups during the 2nd half, plus we siblings all made the effort to at least spend time especially during the holidays.
  6. Get down to my ideal weight
    • Mid: Negative. Pfffft!
    • End: Negative. Another pfftttt! Admittedly, I excessively ate all kinds of junks especially during those stressful months at work.
  7. Start training for a marathon
    • Mid: I am not sure about this anymore.
    • End: I am still not sure about this at this time.
  8. Push with Japan Travel
    • Mid: On track – Return tickets bought, accommodations booked.
    • End: Completed! – read all about our Japan adventures here
  9. Go back to school
    • Mid: Not yet started – Still undecided.
    • End: Not met – Things got crazy at work and that time, I thought that it was a wise decision to not take on too much as my stress levels were at its highest.
  10. Become an early riser
    • Mid: Quite – I have been forcing myself to sleep earlier in recent weeks so that I can wake up earlier. I try as much as I can to sleep by 12 AM, 1 AM at the most so that I can wake up at 7 AM, after 6-7 hours of sleep.
    • End: Quite – It really depends on what time I finish at work.
  11. Journal more
    • Mid: On track – My total posts to date are already more than my total posts for the whole year at least for the past 5 years.
    • End: Completed! – The fact that I completed my monthly updates for 52 weeks was already a guarantee that I was able to meet this.

Summary:

4/11 – completed/on track

4/11 – quite

3/11 – not met

Thank you, 2016. Looking forward to my adventures for 2017.

2016 Goals: Mid-Year Review

I almost forgot about this hehe.

Just like what most companies do where they have regular business reviews, I also like to have at least a mid-year and year-end review of the goals I made early this year, just to check how I am doing and ensure that I am still on track.

This year’s focus will be: chill, family, health, wealth.

Statuses:

  • On track – met as of time of review
  • Not yet started – not yet started as of time of review
  • Quite – met but there were deviations
  • Not met – target not met 
  1. Chill
    • Mid: Quite – There were stressful moments but I just kept quiet and pushed myself to just do whatever it is that needs to be done.
  2. Buy less, want less
    • Mid: On track – All items bought were needed. 
  3. Stick with financial budget for 2016
  4. I made a new list specifically for my financial goals after posting my 2016 goals in January. I just feel that it’s more effective and more inspiring for me if I track my financial goals separately.

    • Mid: Separate update here
  5. Get an additional income stream
    • Mid: Not yet started
  6. Spend more time with family  
    • Mid: Quite – Spent some time with some siblings last Feb, to support my brother and his family since he lost his mother-in-law. Had a picnic at Burnham Park on Easter Sunday for my birthday celebration with family. No event in Q2.
  7. Get down to my ideal weight
  8. I really need to get serious about my health. I want a long life.

    • Mid: Negative. Pfffft!
  9. Start training for a marathon
    • Mid: I am not sure about this anymore.
  10. Push with Japan Travel
    • Mid: On track. Return tickets bought, accommodations booked.
  11. Go back to school
  12. I had to stop when we lost our father in January 2015. I haven’t been back since then. I would still want to complete the program. I only have 12 units left!

    • Mid: Still undecided
  13. Become an early riser
  14. Since I work mid-shift, tendency is to wake up later than usual. By rising earlier, I will have extra hours to work on other personal projects, like decluttering more, cross-stitching, or working for extra income. 

    • Mid: Quite – I have been forcing myself to sleep earlier in recent weeks so that I can wake up earlier. I try as much as I can to sleep by 12 AM, 1 AM at the most so that I can wake up at 7 AM, after 6-7 hours of sleep.
  15. Journal more
  16. I noticed that my memory is not as sharp as before already, hence this year and moving forward, I will write about all sorts of events, relevant or otherwise so that there is something to read back when I am much older. This is also the reason why I already have have the weekly recap in this blog.

    • Mid: On track. My total posts to date are already more than my total posts for the whole year at least for the past 5 years.

That’s about it. I’ll do a year-end review at the end of the year.

Financial Goals for 2016: Mid-Year Review

And just like that, the first half of the year is almost over! So here’s my reality check.

Statuses:

  • Completed! as in done/finished
  • On track – met based on budget file
  • Not yet started – not yet started based on target start date on budget file
  • Quite – met but budget not followed (either there was a decrease/increase)
  • Not met – target not met based on budget file
  1. Religiously pay SK-LU. 5 months to go! Excited to mark this as completed!
    • Mid: Completed! – Last payment made this month! Ahhhhh, so happy happy!
  2. Save 50k for processing of papers for SK-LU. After completing the payment in June, I’ll have the same budget reallocated to this.
    • Mid: Not yet started
  3. Religiously pay SK-Silang. 2 years to go.
    • Mid: On track – many more months to go :p
  4. Save 50k for lot processing of SK-Bgo. 
    • Mid: Quite – too many reallocations
  5. Save 35k for CR of SK-Bgo
    • Mid: Quite – too many reallocations
  6. Increase EIP allocation to 3k/month
    • Mid: On track – started March 2016
  7. Increase MF to 20k (carry over from previous years)
    • Mid: Quite – still catching up with the savings but haven’t made any deposits to FAMI yet
  8. Add 20k-30k to COL 
    • Mid: On track
  9. Save 80k for Project BD (new in my budget file)
    • Mid: On track
  10. Religiously save 3k/month for niece’s tuition
    • Mid: On track – I can’t wait for her to graduate hahaha!
  11. Set aside a Tulong fund
    • Mid: Quite – too many reallocations
  12. Continue saving for an international travel
    • Mid: On track
  13. Set aside 10k for December 2016
    • Mid: Quite – too many reallocations
Let’s see what the year end update will look like.

Financial Goals for 2016

While I mentioned in my 2016 goals that I have the same financial goals as last year, I decided to make a separate post about it because it’s nice to go back to it by year-end and check whether I was able to make it or not. Besides, it adds a little more pressure in meeting your goals when it’s out there for the world to see.

And so, here it is, basing it from my budget file for 2016.

  1. Religiously pay SK-LU. 5 months to go! Excited to mark this as completed!
  2. Save 50k for processing of papers for SK-LU. After completing the payment in June, I’ll have the same budget reallocated to this.
  3. Religiously pay SK-Silang. 2 years to go.
  4. Save 50k for lot processing of SK-Bgo.
  5. Save 35k for CR of SK-Bgo
  6. Increase EIP allocation to 3k/month
  7. Increase MF to 20k (carry over from previous years)
  8. Add 20k-30k to COL
  9. Save 80k for Project BD (new in my budget file)
  10. Religiously save 3k/month for niece’s tuition
  11. Set aside a Tulong fund
  12. Continue saving for an international travel
  13. Set aside 10k for December 2016

I tend to use codes for my financial goals for some level of privacy still. Feel free to email me if you are curious about those hehe.

I already have 4 months parked for my safety fund. I originally planned for 6 months because of my parents, but since they both are now with Papa God, I’ll stop at 4 for now. I’ll add when excess funds become available.

No room for luho. Push lang. And just to stay focused, I’ll now have quarterly reviews.

2016 Goals

Better late than never. I just realized that I should do this in the last quarter of each year, before Christmas holidays take over.

This year’s focus will be: chill, family, health, wealth.

  1. Chill

    The past 3 years has been the hardest in my adult life, losing both parents less than 2 years apart. I would say I have not been living since then, just surviving. This year, as a gift to myself, I will just be chill and not get too stressed in all areas in my life. Enough with the drama. I have been practicing since for weeks now, and so far, so good. I get stressed a little but I don’t dwell on it much and just focus on what interventions I can do to address a current issue. I hope to keep this up.

  2. Buy less, want less

    I am not an impulsive shopper by nature but I think I have already accumulated too much over the years so this year, one of my goals is to just buy what I need. I won’t be in a strict “no shopping ban” since I can easily walk out from a mall empty-handed if I know that I don’t need anything at the moment. I just need to be more conscious of my purchases.

  3. Stick with financial budget for 2016

    Since I get a regular income, I already have a fixed budget. This year is almost similar to last year’s, even with my financial goals, except for a new line item, which I call it Project BD at this time. I’ll only be able to readjust after completion of all my payables. One is to be paid up by mid year but I still need to save for the processing of papers so that will be until end of this year still.

  4. Get an additional income stream

    I will start working on this, this year.

  5. Spend more time with family

    Most of my nieces and nephews are still young so might as well take advantage of that while they still want to be with tita hahaha! We had 2 last year so I already have an idea how much to budget. The plan this year is to have quarterly picnics for all of us to bond. They are already expecting one on my birth month which is this Q1.

  6. Get down to my ideal weight

    I really need to get serious about my health. I want a long life.

  7. Start training for a marathon

    I really want to do this. Target is 2017 so I must start training this year and so, I must really work on #5 so that it would be easier to run hehehe.

  8. Push with Japan Travel

    As of this time, it’s still a go. This is the only travel I’m doing this year. My financial goals are still my top priority. Note to self: save up for all kinds of kitkat hahahaha!

  9. Go back to school

    I had to stop when we lost our father in January 2015. I haven’t been back since then. I would still want to complete the program. I only have 12 units left!

  10. Become an early riser

    Since I work mid-shift, tendency is to wake up later than usual. By rising earlier, I will have extra hours to work on other personal projects, like decluttering more, cross-stitching, or working for extra income.

  11. Journal more

    I noticed that my memory is not as sharp as before already, hence this year and moving forward, I will write about all sorts of events, relevant or otherwise so that there is something to read back when I am much older. This is also the reason why I already have have the weekly recap in this blog.

That’s about it. My monthly goals will then be in support of these goals. And, I’ll do quarterly reviews to keep track.

Financial Goals for 2015: Year End Review

I have been delaying the reality check for the goals I’ve set in 2015 mostly because I know I haven’t met most of it hehehehe. You see, right after publishing my goals in 2015, life happened.
  • A piece of land called my name, the payment terms are easy, and I went ahead and bought one parcel. And this impulse decision impacted my goals early on hehehe.
  • As per tradition, we had to do something for mom and it was unexpected, and entailed a big amount. While she still had remaining money after her burial, it was not enough to cover all the expenses so I had to take some from my safety fund.
  • A day after the traditional ceremonies for our mother, our father was rushed to the hospital, and then we eventually lost him. Incurred a lot of hospital bills and burial expenses, which was thankfully covered by the donations we’ve received but it was still not enough so I had to again take some more from my safety fund. 
  • Admittedly, I resorted to retail therapy partly to cope with all the stress at the start of last year. I don’t regret my purchases though because most are things that I need and still using until now. 
And now, here’s my reality check.
  1. Complete safety fund (6 months’ worth) by June 2015 – FAILED (At 4 months by year end. Reevaluating now, given that I don’t have parents to take care of anymore)
  2. Religiously pay SK LU. 18 months to go – SUCCESS! (6 months to go!)
  3. Save a total of Php 61,500 by end of the year for lot processing/housing fund – FAILED (All funds reallocated to something else)
  4. Maintain 2k/month allocation for BDO EIP until June. Increase to 5k/month by July. – FAILED (Had to retain 2k/month until year end)
  5. Increase MF to 20k – FAILED
  6. Add 10-20k in stock market – SUCCESS! (Added a total of 12k. Small, but every amount counts!)
  7. Save a total of Php 40K for continuation of house construction – FAILED (All funds reallocated to something else)
  8. Attend at least 2 financial seminars – SUCCESS!
  9. Allocate a daily allowance and put all extra in a jar. This will be used for wants. – QUITE (Was able to save some from my allowance. Still not spent and will still be for wants)
  10. Continue donation for church construction in my hometown where my mom was active on her last few months with us – FAILED (All funds reallocated to something else)
  11. Set aside a Tulong fund for those unexpected expenses. I have been getting surprise requests since my mom died and it screws up my budget and stresses me out most of the time (all my income down to the last centavo is allocated to something so I really don’t have any extra fund which I can let go of anytime). Might as well be ready for things like this. QUITE. (Was able to save some on some paydays but still reallocated to other things. I was firmer with my NO this time, without feeling guilty over not being able to lend (aka give) money to borrowing relatives)
  12. Start saving for an international travel (planning to do backpacking in Europe as a graduation gift for myself when I complete the MTM program). Will initially set aside 2k/month for this. – QUITE (But for a Japan trip this year. Europe would have to wait but still in the list)
Too many reds, but this year is another chance to be better.

Financial Goals for 2015

Happy new year!

My 2015 will still be focused on improving my financial status, hence saving as much as I can. And so, here are my goals.

  1. Complete safety fund (6 months’ worth) by June 2015.
    2. Religiously pay SK LU. 18 months to go!
    3. Save a total of Php 61,500 by end of the year for lot processing/housing fund
    4. Maintain 2k/month allocation for BDO EIP until June. Increase to 5k/month by July.
    5. Increase MF to 20k
    6. Add 10-20k in stock market
    7. Save a total of Php 40K for continuation of house construction
    8. Attend at least 2 financial seminars.
    9. Allocate a daily allowance and put all extra in a jar. This will be used for wants.
    10. Continue donation for church construction in my hometown where my mom was active on her last few months with us
    11. Set aside a Tulong fund for those unexpected expenses. I have been getting surprise requests since my mom died and it screws up my budget and stresses me out most of the time (all my income down to the last centavo is allocated to something so I really don’t have any extra fund which I can let go of anytime). Might as well be ready for things like this.
    12. Start saving for an international travel (planning to do backpacking in Europe as a graduation gift for myself when I complete the MTM program). Will initially set aside 2k/month for this.

Will update by mid-year on my status.

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