Kammys Musing

• I’ve been privileged to read and learn from a few so called financial gurus.
• In my case, they are Mike Wachowski, Ramit Sethi & The Barefoot Investor (Scott Pape).
• I own their books and at time, gifted them to my kids,
• If there’s one lesson all 3 shares the similarity, is that you need to automate your expenses/savings.
• Setup one transaction, say $50 every 25th of the month from your main account to your savings account.

• Boom you are done. Just watch the money grow.
• This can also be done to several “buckets” – holiday, emergency, education.
• Just make sure you have enough cash in the main account.
• Be disciplined in “not touching” other accounts for reasons not related eg taking Emergency fund for your 5 days Bali trip. Come one man! (In the voice of Charles Barkley the basketball commentator).
• Over time, you’ll start building more confidence. Then you can increase your bucket savings or the number/type of buckets you need.

Until then – start saving, start living.