Sunday, 23 June 2019

Friendship should be build on the future and not the past

Recently I talked to colleague and she told me that she feels that friendships should be build on events like the future and current and not so much on the past.

Like the things that you share and talk about when you meet up should be more of updating your current status and also what your future plans are.

She finds that friendships where the past is always being brought up is not the way it should be.

To be honest, I do agree with her to a certain extent.

For example, my polytechnic friends, every time we meet, we always use the past as the main topic and to be honest, I feel like its a repeat but I do know that its either because everyone's life is no longer as interconnected as before and sharing our current life and future might seem boring or might be too much.

Of course, it's always nice to keep up with what my friends are doing and whether they are enjoying their current state or if they would like to have any changes to it.

So I do agree with my colleague that when I meet up with my friends, we should share more on what we are up to.

She also told me that because for her, she joined her group of friends at a later time and every time they talk about their old memories, she finds it hard to relate.

I believe that as we all grow up and enter a different phase of our lives, we all change to a certain extent and updating those around us can allow them to also share and be comfortable around us.

So I will be sharing much more of my current life and plans to my friends the next time we meet:) 😆

Sunday, 16 June 2019

I thought I will get rich once I start work + Updates on my life

In school, I always thought that I will get rich once I started working as it would mean that I have a steady stream of income every month.

However, after starting work for about 6 months so far, I find that it is not as easy saving money as I thought.

From giving allowances to my parents, transport, food and also insurance payment, the bulk of my salary is being used up every time it gets credited to my account.

Right now, my accumulation is slow as my income is not high. I do know that I would need to increase my savings rate for me to build up my savings and war chest at a faster pace.

For example, I have switched my payment for my savings plan from NTUC income to an annual payment frequency.

Read more: Savings plan - Yes or No

With the deduction of the annual amount, my savings have reduced significantly as it is a lump sum deduction. But I have calculated and realized an annual payments saves me a significant amount rather than monthly payments.

Previously, I opted for monthly as I did not have sufficient savings as a student but since I have started working, I am now able to handle the annual amount and so I switched.

For now, the job market looks bleak and I have actually send out my resume to a number of jobs but only got reply from one.

Read more: Is investing aggressively during your 20s right?

On the bright side, my current company has extended my contract till the end of the year. I know that this is definitely no the way to go in the long run but currently I have only been in the company for about 7 months and so maybe a longer period of time to learn more would be more better before I leave.

I do hope to increase my income as I do compare myself with other peers of my age and I find myself earning much lesser than them. Hopefully everything goes well.