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31 December 2011

Look back 2011

In a couple of hours, we will welcome a new year. Before ending the year, i just want to review the last 365days.

From the early of the year, i have started to follow Robert Kiyosaki. Him as an investor, businessman and famously for his "Rich Dad Poor Dad" series of motivational book has inspire me a lot. I have started to read his book since then.  

Since then, my lifestyle have change. I kind of try to spend more time for my personal life. During weekend, i try to get away from my laptop and go outdoor. I like biking, jogging near the beach and walking near the park.
Couple of months ago, we drove to Nelson on a Sunday morning. We pass by Mariri and saw this group of people enjoy radio control yacht sailing. I wonder when will i get a chance to do this....
On Jun, we manage to spare out two weeks to travel down south. From Westport, we went Wanaka, visit Dunedin, Mt Cook and came back through Kaikoura. Till today, i hasn't manage to get all those photos process...lol
I had bough myself a toy too. Its a Samsung 32inch LCD Tv. I have want to upgrade our old tv for a long time already. However, I cannot get through myself to spend $499 for a toy. Its a toy because it doesn't generate cash-flow for me. With this in our living room, it should bring us together to enjoy the great moment. I also manage to witness All Blacks winning the world cup in HD..... :)
I have also started to use Quicken, personal financial management software to track my personal financial. I have also create my personal index for year to year comparison.
~Financial Freedom No(FFN) = monthly passive income - monthly expenses
~Wealthy No. = total net worth / monthly expenses

For the year ending 2011, my FFN = -$3103. This number is above average high for me. For the coming year, it has to be reduce.
My Wealthy No = 3.7years. In contrast, this number need to increase in 2012.