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My Plans After Reaching My 1-Million Mark: Crypto and Fiat Savings Combined
Some months ago, I wrote an article that asks, "Can I Become a Millionaire at the age of 22?" This is just a question that got into my mind after reading a post on Facebook. Being the dreamer that I am, it is also one of my goals to be a Young Millionaire, specifically when I'm already at the age of 22. It's not that I'm hungry for money, but it's the thought of having financial freedom that I'm craving for.
I have been saving money since I was a child, all thanks to my parents who taught me to be thrifty of my allowance in school and save them in a bamboo bank. I brought this trait until today. I am not materialistic. I don't buy expensive things or branded clothes. My only obsession is to buy a new phone every two years but I make sure that the phone is a good investment, not a liability.
My Ultimate Crypto Portfolio Goal is to have a total of $21,000 out of all the coins I have. I am still $1,500far from that goal, especially that the crypto market is very volatile- the amount might be huge today, but tomorrow, it can also be very bloody. However, I keep my hope up high that the prices of the coins I am currently holding will still rise in the long run. Also, as I have shared, I have 100,000 pesos savings in my bank account. When both of my crypto and savings are combined, they would equate to more than 1 Million pesos.
I have shared before about my Ultimate Savings Goal which is to save 250,000 Pesos on my bank account before my 22nd birthday. To do so, I am planning to accomplish it by saving a portion of my profits in crypto trading.
The goal remains the same and I am optimistic that even though I will slash some of my profits from crypto trading, I am positive that the coins I will be holding for the long term will help me accomplish it.
The only reason why I am working so hard is for my parents. I want to give them the things they need and to make them experience all the things I personally want to experience. I want to make their life more comfortable.
Since my goal is to make memorable moments with the special people in my life, I want to treat them even just once a month- may it be by eating in a restaurant or just having a simple food trip in our place.
I still have a lot of goals that I want to accomplish but I will slow down for a bit but the hustle will continue. Aja!