Your Personal Expense Tracker
And borne of a MoneyDoctors story, we have produced one. And we called it The Walking Eater.
Thing is, it is not just a MoneyDoctors story. It is actually our story. My husband’s story.
He is the walking eater.
The Way to Wealth
I just passed the insurance examination given by the Insurance Commission and can now be ushered into the world of insurance agents and hustling and bustling. That made me uncomfortable and I told Nannette so.
Okay, I still had the image of the feisty, persistent, pesky seller of insurance who does not really explain or understand what he sells, does not hear the word “no”, does not stick around through the bad times (when the hapless insured can no longer pay the premiums), is just “interested” because of the commission he hopes to get.
I did not want to be that person.
A Door, Windows
“Did”. I am not sure about that word. Because it is in the past tense and means the fun and the adventures are over. When they are not. We are just beginning.A reader wanted to know how we “did it”. She said she read my first post but that I just skimmed the surface of how we overcame the bleak prophesies of our first financial planner, that I did not really explain how we got that 24% increase in our annual income, and more importantly, how we overshot it. If you have not read that first post, here is what our first financial planner said:
“While the couple’s Emergency Fund Ratio (EFR) will be over 1x by the end of 2007, the ideal ratio is 3x. The couple would need to add around Php149,000 to their annual income to meet such a ratio. To raise their savings rate to 18.1% from 6.7%, the couple would need additional annual income of Php262,000, or add 24% to their current annual income.”
So, how?
Making the Wheels Turn
But when you need to, how do you inspire yourself?