Financial Goals - What It Takes to Achieve?

My interest for income and family protection rooted when I entered family life. Having a baby in the family has given future things to worry about. Woa... So this is it. A life depending on me until she is able to provide herself a living on her own. And what if I got terminated from my current job? What if i can't no longer work? What if something happened to me accidentally? (Morbid thoughts) And so many other what ifs. What will gonna happen to my child?

So many questions that I have stumbled in so many readings. And oh boy, I am so late with all the lessons I should have learned 10 years back. Yes, I am working for the past 10 years with no savings at all. Awwww... this reality hurt much.

But hey, the positive side is that at 33, I am now learning. I know, I know , I know. I am late. But still with determination and focus, I can do this.

I started this year, 2014, right. From my perspective. Here are the things I have done and been working on until the year ends.

1). Checked and reviewed my current situation - my bank accounts, current incomes, side lines, etc. This was last January, 2014. From my current situation, I know I have to do something to improve my current net worth.

2). Started listing down my goal at the start of the year. I listed 5 goals.An investment in a small time traditional business. A ride on on a current traditional business. Start building my emergency fund. What?!? You may say, but like I have told you, it never crossed my mind before. Start for two Variable Life Insurance.

3). I noted that the 6 goals are time-bounded. That I can achieve it this year. No Buts at the end. I have added notes on how to achieve each.

4). Posted it on in front of my PC so that every time I open my PC I got reminded of my goal and how to achieve it.

5). Check each every time, review and determine where I am.

6). Cross out what I have accomplished every time there is.

7). Review and amend some of the goals as needed.

And happy to say, that I am sticking with the plan. One traditional business started and earning good. Started paying for the 2 approved variable life insurance. Past 50% completed in my emergency fund. There are temptations everywhere and it takes a lot of energy to stay away from those new gadgets my friends have, those new clothes they were in the office, those starbucks coffee on their table, those mouth-watering foods in instagram, etc.

My only reward is, when I look into my portfolio quarterly, there are changes. :) I will continue to post my journey to financial freedom and awareness.

Note: Forgive my writing as I am not a good writer. I only write to express my thoughts.