I should have done this last year back in December 2018 but honestly, I didn’t know what I wanted to achieve in the year 2019. Goals have to be SMART (S – Specific, M – Measurable, A – attainable, R – relevant, T – time-based). Giving myself 1 month to think about it, here are the things that I wanted to focus on in the year 2019.
#1 Achieve 11K of Passive Income
The total amount of dividends collected in the year 2018 was $9,789.19. I have not met this goal in 2018. I am still $1,210.81 away from my goal of achieving 11K worth of passive income from dividends collected. I am maintaining my goal of achieving 11K of passive income in 2019 instead of increasing it as increasing it will become not realistic for my current financial situation and not attainable.
If you didn’t know, I am using StocksCafe to track my dividends as it automatically tracks dividend payouts and there is no need for manual entry. This has saved my a lot of time.
My second goal seems to be difficult to measure. The book that I read not long ago gave me lots of inspiration. My life is too cluttered and at times I find it difficult to find inner peace. I have hogged on to things that I do not need such as books, souvenirs etc. Perhaps a good measure of this goal is to stock take the unwanted things that I give or donate away.
“It is easier to be happy when you are not surrounded by the confusion and the clutter of life.” – Unknown
#3 Contribute Back to Society
Attending the Alpha Summit gave me this urge to contribute back to the society like what The Fifth Person did. If you didn’t know, they donated frequently to charity organisations and during the Alpha Summit, they have donated to built a school in Africa. Being a financial blogger doesn’t mean that we always earn money for ourselves.
In the pursue of financial freedom, I must not forget how lucky we are as compared to some who are unfortunate. Even though I am already donating to a charity organisation from my monthly salary, I wanted to do more. As such, I will be contributing a portion of my Adsense earnings from this blog to a charity organisation of my choice around the end of 2019. The amount might not be significant but I hope to do my bit.
You can help too by supporting my blog and providing me with feed backs on my posts.
That is all I have planned for 2019 and I shall revisit the above goals towards the end of this year!