Achieving financial growth is a goal of many of us. It is often characterized by a stable flow of income, enough savings, investments, no debt, a strong portfolio, and a lifestyle you want. The road to financial independence could be challenging especially at the beginning. However, with the right strategy and mindset, you can overcome these and achieve your target.
The new year is the best time to set your financial goals. What do you want to achieve this year in terms of finances? Whether you’re aiming for an insurance plan or a new investment, it would be good to assess your current financial situation that includes your spending patterns and money behavior. This will allow you to better plan your decisions and align the goals you will set. Consequently, you can drive towards financial growth.
5 Ways to a Winning Financial Growth
Here are five tips to help you achieve financial growth this 2022:
1. Check your expenses and stick to your budget
Knowing your actual spending habits give you a bigger perspective of how you manage your money. You may be spending a lot on one thing that is not totally necessary. Create a monthly spreadsheet to record your purchases. You can also check your bank account regularly to track your expenses. Seeing the figures will show you areas where you can cut down. Once you have an overview of your expenses, you can better create a budget suitable to your lifestyle. Make sure to set a realistic one that you can stick to. At the end of the day, financial growth is being effective in money management and decisions.
2. Review your investments
Check your portfolio periodically to see how your assets are maturing. Are your investments yielding your expected returns? Once reviewed, you’ll know how you can diversify your portfolio. Take the opportunity to expand it by knowing the trends for the year.
3. Create an emergency fund
Having an emergency fund will give you a fallback in case an unexpected twist in life happens. This can be in the form of a sudden loss of a job, a big repair at home, or in any case your salary is deferred or cut. It would be good to have at least six months’ worth of savings to have a stable back up, but it also depends on your expenses. You can start small by covering at least a three-month period ready for your routine expenses. It’s better to park your money in a bank savings account or a debt mutual fund that will still allow you to access your money when needed.
4. Automatic savings or investment
To avoid overspending and forgetting to pay your expenses on time, setting your transfers automatically in line with your paycheck can save you a lot of hassle. Not only will it prevent you from delayed payments, but it will also set your discipline to avoid spending it.
5. Health is wealth
Invest in your own health. Get regular check ups and follow a healthy lifestyle. Prevention is always better than cure. This New Year, why not consider investing in real estate? Real estate is a good investment because it is a tangible asset with a high potential return. A condo works for someone looking for an asset in the city that appreciates quickly.
Investing wisely in 2022 is a start for your financial growth
Ready to invest in a condo? In the Visayas, the city of Bacolod is an ideal place to consider.
Bacolod City is a leading investment hub because of its economic growth and development over the years. It is one of the top livable cities in the country and named as the Top Model City of the Philippines in 2017 and 2019. The city features the perfect balance of lush green sceneries and a modern lifestyle. Many real estates are on the rise in the recent years.
Having a Life Well-Lived at Camella Manors Bacolod
Camella Manors Bacolod is the first project of Camella Manors in the Visayas to become part of Vista Land’s communicity. Camella Manors is Vista Land’s newest mid-rise condominium brand located in the regions and nearby provinces of Metro Manila. It promotes an all-in lifestyle needs and resort-themed amenities that will cater to young professionals, starting families, investors, and Overseas Filipino Workers (OFWs). Camella Manors Bacolod is currently enveloped by 3 condominium buildings in a 48-hectare township pioneering a hassle-free urban living in the midst of a booming economy.
Located along GM Cordova Ave. Buri Road, Mandalagan, you can enjoy the luxury of being in a vacation home in this resort-themed condominium. Camella Manors Bacolod gives investors the best deal for money with its world-class amenities that include a swimming pool, kiddie pool, fitness gym, club house, playground, and commercial strips.
You can enjoy a refreshing lifestyle experience here as it is one of the few Pine-estate condo developments in the country. Now you don’t need to go far to have a vacation. The lush and panoramic vibrance of green spaces accented with fresh Caribbean pine trees create a chill and laidback atmosphere perfect for a vacation home in the city.
Experience an elevated condo lifestyle with the additional features of a 24/7 Security, verdant landscapes, accessibility to all sectors of the society, nearby tourist spots, and smart condo living. It is also a pet friendly community that can accommodate your favorite fur babies.
Your Pine-Estate Condo in Bacolod
The premiere pine-estate condo develeopment in Bacolod offers the perfect synergy of comfort and luxury. It is strategically located near malls, hospitals, schools, tourist attractions, and business districts. Spot the condo just beside Vista Mall (AllHome, AllDay, AllRX, Coffee Project, Bake My Day, Chicken Deli, All American). It is also conveniently accessible to the Bacolod- Silay International Airport which is just 15 minutes away.
Set to be the next development milestone in Bacolod, Camella Manors Bacolod brings residential development, commercial and retail establishments, facilities, amenities, and business outlets into one integrated landscape as part of a communicity.
Ready for occupancy units are currently available. To know more about Camella Manors Bacolod, you can schedule a site tour or check their official website. You can also visit their different social media accounts. Reservations can also be done conveniently and hassle-free through our easy-to-use online payment facilities.