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Do you have that big goal in mind? Have you been eyeing to
get like a new car, perhaps a new house or that much coveted vacation with your
family? Or perhaps for our OFW readers out there, are you eyeing to go back
home? Should that be the case, what you will need is a substantial amount of
money. After all, you need to save for the down payment or you need to pay cash
for the tickets and the other expenses.
Imagining the amount of money you would be shelling out in
the process can literally drain the blood in our faces. Now I don’t want to
imagine that at all but I think you know what I mean. This can be pretty
intimidating. Yet, before you set aside that goal and halt it, might as well
check out these effective methods to attain it.
Method 1: Complement
In order to beef up the much needed
money, it would be best to find other sources of income. This can be pretty
simple especially to those who are currently working. Rendering overtimes can
do the trick. You may work for longer hours and take advantage of it. If your
company doesn’t allow it, look for a possible second job. A part time job will
do. You can work online and do some tasks on a project basis. If you have a skill or a hobby, you can
monetize it. There are many home based jobs or businesses that you can start. Just
define what you are good at and learn how you can be able to generate
additional money or income for that. You may also put up your money for
investment so that it will generate huge interest in the process.
Method 2: Compromise
When you are saving up for a big goal,
there is the need to compromise. This means spending less in the process. You
might cringe on a few items like trimming down your groceries, staying away
from malls, dine in inexpensive places, downsizing a few expenses and more. You
may need to be frugal. Aside from that, you may need to be creative in order to
take advantage of cheaper or no cost alternatives.
Method 3: Commit
Regardless of goal be it big or small, it
still boils to commitment. True enough the entire process of accumulating such
sum would take a while, years even. However, if you are just patient and
positive that it will be worth your while then you can be able to attain it.
Hence, don’t despair if you think it is taking forever to get the amount. Remember,
the bigger your dream the longer it will take you the more efforts it require. However,
I can guarantee that if you will reach it, it would definitely be worth it.
So what big goals do you want to achieve? Simply recall the
3 C’s in order to attain it. Remember, if you can dream it, you can reach it.
P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 19 already! Did you deposit the next amount yet?
P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.