Chapter 4 - Moving forward
This is when I started think about what to do with the money.
As I'm not one to be content with my own achievements.
I wanted to feel like a boss. The kind that just let money come to him, not wanting to run after money let money come to him.
To archive this I needed a rough plan to secure a safe path for myself.
First things first I need a new phones also a new laptop so that I can do some side jobs to earn some pocket money.
I also need to deduct R500 to put it in investment.
With these many needs and wants and little money I felt overwhelmed.
I needed to take things slowly to not over push myself.
With everything out the way, first I would need a phones with better specs.
The phones I have, has been accompanying me for 3-4 years now but it still looks as good new. This is the result of me taking good care of it.
The only thing that could give it away is the screen protector taking out could result in confuseit with a brand new phone.
A new phones cost R2000 and this could leave me with R1500 then deducting R500 which leaves me with R1000.
This start to put everything I have learned in school which I thought I would not need any time soon.
School started look dull during my final years that I started questioning the need of it besides giving us general knowledge.
With everything out of the way. The money I have left I kept it in my bank account wich I created when I turned 18 years.
It has eating dust with the little amount of money inside it to keep it active, now it keeps R1000 in it, just for safe keeping.
I fell blessed because I do not have much pressure about daily expenses, because I still leave with my parents.
I know what most of you must think. What is a young adult like you still leave with parents for?
Well I would like to think, why make my life harder by living independent even when my parents are not pressuring me to leave.
What I like to think about the situation is that when I start making money I will repay them for care and support they gave. This kept me going.
You my not understand it this is just how the world work.
Just like the cycle of life, you get taken cared of by your parents just to take care of them when both of them are older.
Leaving with my parents, there is no pressure the only thing I need is to help when things get tough.
Even my parents understand, because they know I am not wasting my money in silly things and that I want to improve myself to make my life better.
When I bought myself the phone on that same day. I used it to start my investment journey.
With regarding investing I need to know the types of companies that sells their shares and how they operate.
Their earnings for years and months wich are tabulated in ways that if you know nothing about business you would be confused.
To understand the workings of the indicators of business I needed to learn about it with different sources.
To start I went to different website started researching about how and the types of investments there are.
When I thought I study enough to know how to buy and which shares to buy. I started to look for a suitable broker.
The rest of what I needed to understand, I had to experience it first hand to further understand and learn more with each shares I bought.
The shares I wanted to buy were the ones which payout monthly. This is the type of investment that could give returns quickly.
These were the types of shares I wanted, letting the money come to me. I marked down the types of shares I wanted to buy and how much I would need to take out to buy them.
What I needed to do is start buying the shares small in order to get everything in my portfolio.
With everything in order I needed to deduct the amount I would need for transport. Then start putting money in those shares every time I get paid.
If everything doesn't go as planned I change in order to adapt
Let see what types of improvements I can make besides investing ,which I think is to invest in myself by learning skills to apply them in life
Let's see the types of skills that I could do which interest me.
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