Showing posts with label cloth purchase or investment of stock. Show all posts
Showing posts with label cloth purchase or investment of stock. Show all posts

Tuesday, December 25, 2018

Case study: Dec 2011 Scotiabank statement of credit card

Dec. 25, 2018

Introduction


It was Christmas season, I got an invitation from a church friend in Florida to visit Seattle, and I had a road trip to Seattle. I like to write a blog to document the expenses and figure out what I should cut expenses on.

My expenses


I looked up the statement and could not find the expenses on hotel, so I knew that I have friends and got offer to stay two nights in Seattle.

What I did in those two days road trip in the city of Seattle?

I shopped clothes for my self, paid gas, and visited the future of flight.

I paid $407.24 for cloth shopping.
I paid $121.62 for gas.
I paid $210.73 Canada clothing shopping as well.

I went future of flight, I paid $20.93 for the ticket of museum.

What I missed?


My friend worked for Amazon in the city of Seattle. I was invited to attend the church service of Sunday, and learned how Christian celebrated their Christmas together with other families.

I had get-together with friends from Florida as well.

One thing is that I did not plan very well spiritually. I went for expensive cloth shopping. I should set upper limit for a trip - only one shopping less than $100.00 dollars.

I should visit the downtown of Seattle, and spend time to study Amazon as a company, its technology and stock price.


One thing is to find my own way to make a fortune with low salary compared to Amazon, I need to find my own way to make a fortune. The way I can do is to purchase a condo in the city of Chilliwack, push myself to be a landlord. Even though it was the first time I had a full time job whole year again since I got laidoff in 2007.

Dec. 23, 2011 Amazon stock price            $177.28
Dec. 25, 2018 Amazon stock price          $1343.96

Actionable Items


I had compulsive shopping and purchased $1800.00 dollar for one SONY laptop in 2002, after one year I got laidoff and as a home maker. And this statement on Dec. 2011 I made purchase of clothing over $600.00 dollars. So my problem of impulsive shopping still persisted.

One solution is to set an upper limit to $150 dollar/ month. Never spend over $150/ month any time in my life again. This is the first time in my life that I have to be very carefully since I am single; I have hard time to be responsible.