Money Matters Thread
 

The thread to post about:

- Money
- Budget
- Income and expenses
- Investments
- Money issues

Let's gain financial literacy and be budget-smart moms with the help of each other!!! :)

Re: Money Matters Thread
 

What kind of investment/thing do you plan after you give birth or in the future?

Investment- A townhouse (but still saving up for the down payment!)
Thing- an iPhone 5 (it's a shame I still don't have one, need to prepare for my delivery than that!)

Tell yours!

Re: Money Matters Thread
 

After giving birth, hubby and I will look for a 2 to 3 bedroom condo in the metropolis. A rent-to-own condo. Very good initial investment while our family is still small. Will need to find a great realtor first! And when we say great, it does spell d-i-s-c-o-u-n-t!! :p

Re: Money Matters Thread
 

A car of my own would be amazing. Mercedes or BMW, I'm not choosy! lol.

Baby Stuffs on Sale
 

BabiesRus is having a half the price sale on car seats. Stylish ones, mind you! :):)

Re: Money Matters Thread
 

Yeah, I've seen that on their website.. Hopefully we'll have our baby this year and I could go shopping for cutesy baby stuff!

Re: Money Matters Thread
 

I didn't buy a car seat yet but ended up having this! A nappy bag that doesn't look like one! Love it!


http://www.toysrus.com.au/www/732/files/134473_2_tn.jpg

Re: Money Matters Thread
 

A parcel of land in the rural area... cheaper but will surely appreciate after a couple of years :)

Re: Money Matters Thread
 

What a stylish nappy bag!

Re: Money Matters Thread
 

That's a wise investment Gemma. REIs are definitely booming these days.

Re: Money Matters Thread
 

It's cool Idalia. Such a great buy!

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Ditto!


@ Fanny and Gemma - you couldn't go wrong with REI as long as the location is ok. Not all properties appreciate in value. It's still the location that matters.

Re: Money Matters Thread
 

I agree with you Dalinda, it does depend on the location. My sissy had some real estate investment 4 times and failed on the 5th property they've put their money on. Lots of research and feasibility study should be practised before jumping into anything no matter how expert we are on a certain field.

Re: Money Matters Thread
 

Speaking of apps, I think apps on finances and budgeting are great companions in managing our income and staying out of debt for sure.

Re: Money Matters Thread
 

So true, we need to give time, effort and painstakingly decide on a big investment as we are not hardcore business tycoons ourselves that if we fail (knocking on wood) it won't be too much of something that would crush our spirit.

Re: Money Matters Thread
 

Couldn't agree more Abana. With the status of our economy these days, we have to think over and over again, along research etc. on the best kind of investment we put our funds onto. Money is still money.

Re: Money Matters Thread
 

@ Edda- Yes they are extremely helpful but I find having the old school notepad seem more convenient.

Re: Money Matters Thread
 

I agree. Sometimes there's this intermittent internet connection when I use a certain money app so I end up having to list down on a piece of paper the stuff that I needed to do and goodies to purchase.

Re: Money Matters Thread
 

How about investing in forex?
I've heard a lot about www.forex-metal.com and this broker has helped my uncle earn big time in trading.

Hmm... Need to educate myself then on this!

Re: Money Matters Thread
 

Oh looks interesting. Will check out the link. Thanks Idalia.

Re: Money Matters Thread
 

I agree. That's a good investment, if and only if, you're very much well acquainted with the technicalities of it. Practice and knowledge still is a determiner of success in forex.

Re: Money Matters Thread
 

I'm very much interested in real estate too especially with the buy-to-let method. That's a dream investment for me and my hubby! But we'll be putting that off now that our princess has just arrived. :)

Re: Money Matters Thread
 

This is buying a property and renting it out, right?

Re: Money Matters Thread
 

It is. I guess it's just a British phrase of buying a property and holding it up for rent. :)

Re: Money Matters Thread
 

I agree with Dalinda. It's quite a good form of investment. Hmm. Now contemplatin'. Haha :p

Re: Money Matters Thread
 

I'm jealous. :(
I myself needs another job now. :p

Re: Money Matters Thread
 

A dream investment indeed! I just wish I have the money to do the "buying" part :S

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We're all capable of doing that. It's "WHEN" that's the issue. We need to save up as much as we can for that dream to be fulfilled. Aaaahhh, better said than done! :p

Re: Money Matters Thread
 

Exactly Baha! That's the challenging part of it all.

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So true, especially when our family gets bigger. But come to think of it, these investments are very ideal in boosting our earnings to support our getting bigger fam, right?

Re: Money Matters Thread
 

I like that. It is very much applicable to as with any type of business really.

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I've tried a demo account for a couple of months and good thing I've studied more about it. I realized, it's not the right niche for me. :(

Re: Money Matters Thread
 

Aw, but still good thing you've tried it!