Earnings Update- 2018-January

money falling in the sky and green grass background

Here is my update on Income for the month of January-2018.

Primary source of income is my salary from my employer. I use my income for my family expenses and investing in EPF, mutual funds and repaying home loan EMI. I have not disclosed my income here, they are peanuts compared to what other earn :-).

As a side hustle I semi-actively do share trading to increase trading capital. Every month I pay personal Loan EMI from this account. So profit or loss I withdraw some amount from this account. For this month I have made a profit of 11.47% of the previous month ending balance.

Blogging, I have not yet monetized my site yet and I don’t see that in near term horizon.

I am not really in to P2P lending before. I have started this in the month of February.


Summary of the Income:

Salary from my Employer – (undisclosed)

Trading in Shares – Rs. 65733 (11.47% of trading capital)

Blog Income – 0

P2P Lending – 0


I ended in profit for the month of January and I am happy for that. Folks, what up in your earnings. How was your January month?

Wishing you are successful month of February.




Read and Share – 2018-01

As a part of my reading challenge in my 2018 goals, I am reading lot of articles and learning from them. Here I am sharing some of the articles which i have read in this month. It does not mean they are the best of all the articles written in this month. They are the one I have read and wished to share them in this blog.

1. Money Saving monthly Challenge – In this post author mentions 12 challenges for each month. All those challenges are pretty simple (Based on your spending habits.) like not buying coffee, not eating out, no spending on hobbies, not using credit cards, no under using gym subscription etc. Each challenge is for a month.

2.Secrets to become a better writer – In this article the author shares his 13 secrets of becoming a better writer. He narrates his own journey once his friends were not reading his writing, to a best finance blogger in India. He kept his points simple and easy to understand.

3. Self Awareness is a Super Power – In this article Tom Corley says, “Self-awareness allows you to recognize your own thoughts, emotions and behavior. Self-awareness also allows you to see what is going on all around you in your environment. Self-awareness enables you to pivot in order to avoid obstacles, pitfalls, mistakes and toxic people who get in the way of your success.”

4. How to use Behavioral Finance to your investing advantage – In this article author describes how understanding behavioral finance can help you greatly in making better choices and keeping more of your money. Just by reducing the number of poor decisions you make can have a major impact on your wealth. For example, the fewer irrational decisions you make, the more money can keep invested in the stock market.

5. Billionaires’ Read Books Why Not You.– In this link the author quotes, According to Steve Siebold, “If you walk into a wealthy person’s home and one of the first things you’ll see is an extensive library of books they’ve used to educate themselves on how to become more successful,” Also he list his 2016 books to read (pretty old post but 5 good books suggested for starters)

6. Reasons Why You Should Start a Blog in 2018 – In this post author tells his four main reasons why you should start a blog, As per him the main points are Self improvement and personal development, profit, relationship and giving something back.

7.How to Find Inner Peace: 5 Beliefs You Must Drop Now – In this post the author explains the 5 beliefs we hold on to which is not allowing us to find the inner peace. As Dalai Lama says “We can never obtain peace in the outer world until we make peace with ourselves.” Author concludes by asking readers “Why do we only rest in peace when we can live in peace?”

8. My Depth Year 2018: The Constraints of Deep Focus – a Depth year is No new hobbies, equipment, games, or books are allowed during this year. Instead, you have to find the value in what you already own or what you’ve already started. You improve skills rather than learning new ones. You consume media you’ve already stockpiled instead of acquiring more. The guiding philosophy is “Go deeper, not wider.”

9. Five Morning Money Habits to Help You Become Wealthy – Here is the tips from one of my best blogger. Tim Ferriss says that “if you win the morning, you’ll win the day.” It makes sense because no matter how the rest of your day goes, if you had a productive morning, you’ve already put points on the board. You’ve made progress on the things that matter most. The day is already a success. The rest is gravy.

10. The Rich Are Frugal – The Poor Are Cheap – Rich people find novel ways to stretch their money. Poor people, on the other hand, spend their money foolishly. They focus on the short term – the cost of the product always comes first. Quality rarely enters their mind. Be frugal, not cheap. Being frugal is a Rich Habit. Being cheap is a Poor Habit.


These are some of the reads I like to share with others. I will come up with some other interesting reads in next month post.

Multiple Stream of Income

Let me explain this in a engineer’s way, Imagine you are filling water in a swimming pool or a over head tank. We have to use only one pump and the discharge from that pump also very small. To fill that tank very fast we have 2 options,

  1. Either we should have the a bigger pump to have more volume to fill it up fast
  2. Or have a multiple pumps discharging in to tank and fill it up quickly.

Same way, to build our retirement  nest egg or saving for any other goal, filling it up with one source of small income will take its own time.

If you have a fat income from work then the option-1 stated above will suit for you. To have a good earned income you really have to work hard and step up in career ladder. There are many ways you can improve yourself or move to another job and negotiate good salary.  More about that for another day.

The other way is to have multiple sources of income and build your nest egg faster than one source of time. There are several books and blog posts out there that explains how to generate multiple source of income.

Apart from writing my personal journey to financial freedom in this website, the second purpose is to have another source of income. Though i have not yet monetized my site, I will do so in course of time until I have a good number of posts.

So having this three source of income at this point of time will help me to move a little faster to my financial goals. Not only that it will help when there is no earned income.

Here is my story which motivated me. I have to tell some of my personal life experience which i have gone through few years ago. At that time I was having one source of income that is my salary from my employer. I have got another good opportunity in middle east company. I resigned from my current job even before i got visa for new job.

Pity on me, visa processing took time. I have to wait 6 months without any job. I have lost some of my savings to home rent, to home loan, my food expenses and my wallet was getting thinner day by day. Finally no other option left I have moved to live with my parents until I find another job or visa processing is complete.

The feel of not having any income after working continuously for 7 years is dreadful. I will explain that feel in a different post. What if i had second source of income, a blog that makes few dollars, a share trading or a rental property or a P2P lending. Any one of those side hustle could have saved me.

At last after 6 months of waiting I got the visa and flight tickets to go middle east.  After that I decided to have an emergency fund and I build 6 months of my living expenses. But I had no idea or do not know about the importance of having a side hustle or second source of income. It was later a couple of years back I needed it and I decided to give a try.

First I started to trade in share market. Though I am not successful yet I am improving day by day, month by month. Second, after a year now i have started this website. I am not saying I am going to earn  million dollars through this website but few pennies. Little by little. Setting a huge expectation in blogging or in any other thing will ruin us.

I am learning how to do this blog thing and I even made this as my 2018 challenge to do 24 posts for this year.  There are big fishes out there, I am not going to compete with them, I am going to learn from them and swim on my own waters and win against me. If this website adds few drops to my nest egg, I am happy for that.

Until I started this website, I didn’t have time. Well that is the excuse I give to myself and perhaps everyone give. I had plenty of time that I was wasting in social media. I put that time to use it. Exchange your valuable time for something that makes a difference to your future or someone else.

I never knew I could write about something for few hundred words until i started to write. Example see this very same post it has some 800 words plus. I have see few blog post recently (I don’t want to link here) That has same paragraph written and rewritten the same content but rephrased differently. So why could you not do? May be she is out of ideas. As I have started new I am fresh with ideas and words (I believe).

Little amount of time, Little about blogging and knowing about what content to write And very important dedication with hard work, it is easy for everyone to start a blog, monetize it and make few dollars.

Readers, Comment about what was your story behind starting a website and monetize it?


2018 Goals

Happy New year folks,

Same like every new year i decided to put forth some new year resolutions both related to my work and personal. I have had many such resolutions not passing the day 4 of January. But last year was different I had such one goal went past 4 months till April, it was related to my work.

Why my resolutions are not going beyond that? it is because I was not accountable to any one. No body questions me neither do I question myself for not working towards my new year resolutions.

But, This year is not going to be same. Why? Because I have the goal written now in this blog. I am going to list down my goals below. My goals are going to be measured and within achievable range. I am not going to set a hard goals. They are going to be easy for a kinder garden kid.

Goal-1: Blog posts

This year I will do 24 posts in this blogs. Is it not a very simple goal? It is for other bloggers. They have hundreds of blog posts already done and they have few of them laying in their drafts. I have read a blogger who admits that he had a blog post in his draft for few months before he posted that because he had other blog post ideas coming up every day. Phew that was a mouth opening thing for me. I do not get ideas that soon.   For me it will be a very big task.

Okay, Here is the plan for me. 24 blog post that is 2 posts per month. Well every two weeks i have to do one post. Now the work is simplified. I will be posting my trading earnings in one post for every month. Also I will be posting my share trading idea every now and then. I will also setting a reading goal (see Goal No.4 below), I will be sharing a blog post on that also. Well now two post ideas for every month is ready. The point is I have to do them.

Do you know why i made a very simple goal? Yes to boost my morale. I do not want to set big goals like 1000 posts and i do not want to sit up set because i abandoned my goals. So a simple task of 24 post and measurable time span of 12 months.

GOAL-2: A Rupee Challenge (a.k.a Dollar Challenge)

Many of the personal finance community know this dollar challenge. So my daily task will be to set aside or put 1 rupee on day 1 of  2018 and 2 rupee on day 2 of 2018 and so on till 365 rupee on the last day of the year 2018. This task is only to make me discipline. Though I am investing in few other mutual funds every month in a disciplined manner, this challenge will increase my morale.

So at the end of the year i will have Rs.66795 with me. The catch is not save money but to do a activity daily without a break. So from today I will be doing this and will report this in every month earnings post. I also have a calendar print out and will strike our each day once the task is done.

GOAL-3: Trading only within my strategy circle.

Yes, I do have a strategy for my trading and well, I do not follow that. Every time i place a trade and my emotions come in to play. Either I do close my wins for a very small profit or leave my losing positions even after the stop loss is hit. Earlier i did not have a strategy, i trade every thing i see, stocks, currency, commodities, options, futures.

This year I will follow my strategy, I have them written and printed. I will be true here, if in case I am not following my plan, I am going to confess here, why i didn’t follow my plan. I shall explain my strategy about trading and why i do that later in a different blog post.

Goal-4: Reading.

I was not a bright student at school or college. Well i was just below average and I always prefer not to share my score card with others. One thing i admit here is i am poor in reading and comprehending what i have read. Reading makes me boring. The books I have read so far can be count with fingers. I once set a reading challenge in goodreads.com and i never looked back to that website after few days.

I have read some where the legends like warren buffet read books and financial reports entire day. I have seen a relative of my friend who reads everything he see, news paper, articles, magazines and even the packing paper (Some packing are done with newspaper in local grocery store). I wonder how they do it? I feel it is very difficult to read a whatsapp message longer than 10 lines. Well what do they name it? lazy or dumb?

So this task will increase my reading habits. I follow few blogs on personal finance, value investing and read articles in them regularly. I will make a blog post every month about 10 interesting articles i have read and a small explanation about why i think they are worth reading according to me. That does not mean they are only 10 best. There are millions of articles out there they are best in their respective category. I will be posting what has fascinated in which i have read. This activity will also help to me achieve my Goal No.1 with ease.

Well that is all 4 goals for this year 2018. My Aim is to do goal 1, 2 and 4 then goal 3 will follow me. To me being discipline equals financial freedom. I think these goals are my baby steps to increase my financial discipline.

Again, A happy and prosperous new year to every one. May this and every year to come bring good health and happiness to every living being in this world.

Ah. I did not notice this is a 1000+ words blog post. 🙂

First thoughts

Hello FI community,

Finally I have decided to continue my journey by starting this blog so that I am being accountable. There are many occasions i tried creating a blog and ended up everything in trash. This time i decided to do this. I don’t want to procrastinate any more.

I am from India. So all my FI related things, currency and stocks will be related to Indian Terms. I will try to post at least once a week. And report my earning at the end of every month.

Even before I plunge in to FI, i am in the process of knowing about myself. Hope this blog will be opener for me to the world of Financial independence.