They creep into your life sometime around January, when you feel obligated to start something new or turn over a new leaf. Yet as time floats by, your willpower to do good weakens and your resolution is shelved once again for next year.
Yet it doesn’t have to be this way! One of the tricks to sticking with it is to find one or two specific areas of your life to improve and take baby steps to make changes.
So start small. Pick ONE area of your life to alter for good and monitor how you go.
Manage food spending
This can be tough for Singaporeans. We’re a nation of foodies. We’re suckers for new cafes, restaurants, and the latest food fad in the market. Every week there’s a new eatery to check out, so dining out is probably where most of our monthly expenses go to.
How can you keep your resolution?
Make it a point to dine in at least three times a week. It’s the perfect opportunity to spend more time with your family and to eat healthily (home-cooked food tends to be less salty, oily…) Better yet, make extras for dinner and get into the habit of taking a lunch box to work. $5 a day might not seem like much to spend on a plate of chicken rice but you’ll be surprised at how much it all adds up.
Save on commuting costs
So it’s tempting to take a taxi on days when you want a slightly longer lie-in. Or are late to work! But have you taken a closer look at taxi fares these days? They’re hideous. And morning traffic is so bad, you’d end up paying more to spend a longer time on the road. If you’re picking to save on transport costs, biking to work is a cool way to get a workout and save on cab and train fare at the same time. But as biking’s not for everyone, you can also consider other options like getting on the train early (fares are free before peak period!)
Count your portfolio pennies
The start of the year is a good time to review your savings and insurance plans. If you already have a few, check with your adviser to see how well your plans are doing and if there’s anything you can do to make the most out of your assets (such as your CPF, especially if you don’t have any immediate plans to purchase a home with it).
If there’s a gap in your financial portfolio or if some of your coverage has lapsed or is no longer sufficient, your adviser will be able to let you know the best way to keep your investments safe and your loved ones secure should anything untoward happen.
Travel less, see more
Going to faraway exotic lands is an easy way to spend lots of money – not the best thing if your resolution is to cut down on spending. But it doesn’t mean that it’s a no go (pun intended). There are plenty of exotic lands closer to home, even across the Causeway! Or do staycations instead of vacations. Singapore may be small but there are still plenty of things to do here, plenty of them free!