millennial thinking – living in a economically challenging society …

okay, i am a little bit angry.

i just got some thoughts out to my mum at the dining table before.

it was to do with ‘money.’ haha not funny okay?!

leading up to this day, i was penalised and as a result “paid” money for my fines – car parking, cars, cars, cars.

i then was able to focus on this angry to think of a plan, an alternative plan.

i call it: The NOMAD

ze alternative ‘nomad’ plan:

  • negotiate current work hours to 10am to 4pm or work 4 hours at office and 3 or 4 hours AT HOME
  • build up a ‘side-hustle’ – freelance business, to build up a service/product to earn income over time (passive income?!)
  • sell my car – DITCH driving and walk nomad style(yeah!), take public transport instead of ‘owning’ a car (a big asset which costs a lot of money to have- insurance, annual registration fees etc.)

notes:

-my mum wants me to live at home with her (i will save a lot of money, thank you mum). i’m also considering building a small/’tiny’ home out of shipping containers as my own studio/office

^ i can imagine myself travelling and being out & about (haha ‘nomad’) but when i’m home, my mum’s home is my home.

^what if i have a partner and want to settle down? hmm probably not – again SAVING $$

  • how long before i start applying these? i am trying to think realistically – if i work at different places/jobs for 3-4 years, i can have some money to do things i want (live/work overseas?!) this is what i call the SAFE income – working hard to save for the initial coming streams of money.

difficulties:

-i will rely on people – driving favours(carpool though!)

-difficult to get around outside my local community area

  • being a ‘nomad,’ i will also USE up a lot of the time walking, taking slower modes of transport – time will be used up (hmm….)

what about you? do i sound crazy for having this plan…?

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#alternativeliving, #economicsin21stcentury, #millennialstruggles, #thenextgeneration, #thestateoftheworld

school didn’t teach me about money so i will teach myself

aside from my move from blogger to wordpress (hence, i haven’t touched up on the design & look – need to do very soon)… i will aim to write to you on ‘money’ matters.

i could read and save and store the information for myself or i could share it (& earn a little bit of money from ads on my blog – which i will look into and mention in another post about my prototype to explore passive income).

in past posts, i have talked about my interests beyond architecture and the interconnections of the disciplines with other fields of thinking in society. what i haven’t mentioned is other areas in my life other than trying to ‘be’ career-minded is my spiritual/religious, social, mental and financial life.

my prototypes for this year includes ways to make income. recently, i went to my local library and carried home books on some things like how young adults can save money or money & life lessons no one told us about or working at home/part-time.

so the things i share will be like a journal entry. it’s better than me reading this for self-gain. i hope you gain something for yourself too. i hope it will be short, sharp & to the point (yell at me if i start to blabber which i often do because it’s my personality & i am horrible at it).

first book i just finished:

The Teen Money Manual by Kara McGuire

-idea of ‘being your own boss’ – the term entrepreneur coins this phrase as starting a business. apparently all entrepreneurs have what’s called ‘ZOG’ – a sense of excitement, anticipation & energy. zest + courage, self motivation, optimism, training oneself to see solutions, not just problems & grit – sticking with things over long term unil one masters them.

-investing: how can one turn $20 & GROW it over some time to make more…?

-getting advice: financial/money mentor – do you have one? i have someone in mind.

i will talk more about this ^ very soon.

this is like a trial post & proof to remind myself that i will continue building on this knowledge & mindset for this new year to aim to make some money for my parents to see! (that is also for another post on millennials thinking on money versus baby boomers).

getting back to reading now, chaoo.

j-nguyen

 

 

#economicsin21stcentury, #graduatelife, #learningaboutmoney, #millennialstruggles