TomorrowMakers

Here's a list of some rewarding goals that women can consider putting in their bucket list since the thrill of being able to meet these milestones is unparalleled.

5 Fun activities you can add to your financial bucket list

Goal setting and endeavouring to achieve one’s bucket list is an important goal in itself. The following are some enjoyable challenges that are worth, including in your to-do list of accomplishments. 

1. Take a debt-free vacation: Rather than borrow to fund one’s vacation, it might be worthwhile to save adequately before planning a vacation. It is a given that debt can eat into one’s budget over a prolonged period of time and even jeopardise one’s financial plans. This way, one could enjoy a break without worrying about debt repayment. 

2. Become an entrepreneur: Managing one’s own business and making a mark, especially in today's highly competitive man’s world, can provide a great sense of achievement. Along with the financial inflows, one gets to give shape to one’s ideas, which results in professional satisfaction. 

Related: 7 Things to look out for at all times when you go out with your friends 

3. Try a no-spend month: Shopping is often portrayed as a woman’s weakness. While succumbing to the shopping temptation can provide instant gratification, it can result in wasting money on non-essentials. Learning to make-do with the minimum amount required to run the month and cutting down on unnecessary expenditure can help to save money. By adopting a frugal lifestyle, at least for a month, one can even be a source of inspiration for others!

4. Earn passive income by pursuing your hobbies: Who wouldn’t like to make money from their hobbies? The hobbies could be a part-time engagement, which could transform into a full-time business. Women can showcase their innate talents pertaining to blogging, cooking or even selling handmade items. Besides the monetary inflow, hobbies are a fun way to rejuvenate oneself and provide a sense of purpose. A best of both worlds’ kind of situation! 

Related: Have a busy life? Here’s how to make time for your finances 

5. Become a bookworm: Women are generally known to be careful with their finances. However, investing in knowledge by way of reading finance books is always beneficial. Being aware of financial concepts will allow greater flexibility in decision making and helps empower women to manage their finances better.

In conclusion, achieving financial goals with monetary targets can help attain a sense of fulfillment. These self-set milestones can instill financial discipline and contribute towards wealth creation in the long run. They can also help to build a sense of accomplishment and boost self-confidence. The best part is that these are fun activities to pursue. Have a look at these 10 Inexpensive hobbies that can spice up your life to kick start the process off ticking things off from the financial bucket list.

How I did it

Rahila Khan
Homemaker

I am a single mother of one. I lost my husband just 5 years into my marriage. Life has been a struggle for me, but I have managed it and today I have no complaints. 

I was a young widow with a 3 year old son when my husband passed away due to a heart attack. My parents were my rock… Read more

Piya Sharma
Chartered Accountant

I am a CA by profession. As my training has taught me, investing is a big part of my financial strategy. I am slightly risk-averse and invest heavily in mutual funds, FDs and ULIPs. I stay away from the stock market. 

As the household expenses are taken care of by my husband, I use most… Read more

Rajesh Singh
Corporate Executive

Growing up I did not have much other than the bare necessities. Though my mom tried her best, she could not fulfil our wishes. I always knew I had to study and improve my life. Today, I own a bike, a car and my own humble house. This has only been possible because of my prudent wife.

We… Read more

Suraj Chandwani
Gas Station Owner

I like to work hard and live a good life. I want to give the best to my wife and son, as well as my parents who live with us. I own a gas station in the suburbs of Mumbai. I had taken a loan to set up my business. So a major chunk of my earnings goes in repaying the loan. I also have a car loan… Read more

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