Sunday, November 25, 2018

My thought process of personal finance

Nov. 25, 2018

Introduction


It is my research topic for me to learn how to learn personal finance, be a smart investor, and push myself to get educated. I like to write some analysis why I choose not to purchase a home in Vancouver area last 8 years.

Brainstorm ideas


I may not be correct. The ideas are just for education and research purpose. I have to evaluate myself from business viewpoint. Do I learn how to do things properly? Efficiently? Am I most efficient person in the office and constantly get good feedback on my performance?

2018 April 

This year my college classmate visited me in the city of Vancouver. She complained two things, one is that I do not clean up my table with a laptop and so many other things in my home office. Secondly she complained to me that I purchases three pairs of Nike sneakers in Seattle outlet instead of one pair for myself.

2018 November

It is the first year I do the summary report for myself. I have to search all those forms in my bags. I could not find a few T4 forms yesterday at the first.

With all T4, T5 forms from 2010 to 2018, all mortgage interest statement INT1098 Form, I like to compare the summary of T4 and summary of INT1098 Form, I like to generate how much asset I have each year in Canada, I can generate the report how much I can save to pay off the home equity loan as early as possible. I brought $17,000 US dollar to Canada in April 2010. I still used some of my rental income in US to pay graduate study tuition, vacation in USA.

2017 January - April

I used to work so hard to work on business analysis at work in 2017 over two months. I try to come out product features to generate sales report, inventory control.

I was able to come out good ideas this time in 2017. Why? Because I started to train myself using algorithm and data structure from 2015 January, and the learning helped me to think as a programmer. I learned from one algorithm documented in my blog.

1996 - 2018 


I still do not have time to deal with personal finance and learn the importance to get organized on my personal finance. I have four bags of paper work with me, I learned to use Excel to do analysis in my work from 2010 to 2018. This year I start to apply skills to solve my own problems.

My role model


My classmate shared with me, how she did so many things at work and her own personal finance. How does she so successful in investment.

That first 10 years in her career, her parents in-law do all the house work for her, she attended MBA program study in weekends, she learns a lot to manage human resource for a Fortune 500 companies, she did a lot of budgeting and calculation of salary costs, hiring and firing employees.

My job experience

I have very interesting challenging life and career as well.





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