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

Praveen Nair
Retiree

Ever since I retired, I have looked forward to the festive season with added zeal. It is the buzz that I need once in a year in my laidback post-retirement life. I like to celebrate the occasion, get the house painted or renovated, buy gifts for my dear ones or go on a vacation. These things… Read more

Swati Mehra

A couple of years ago I was over the moon after landing my first job. I celebrated regally during the festive season that ensued, only to land in a financial soup for the next few months. With gargantuan credit card bills and barely any cash left, I had no other option but to default the payment… Read more

Rohansh Pathak

It is highly unlikely that all the expenses made during the festive season were worth making in the first place. This is the time of the year when unavoidable expenses are bound to upset your budget plans, and you can do little about it. However, I have made it a point to have a look at the… Read more

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

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