Save. Spend. Splurge.

What are you waiting for? The time is Now.

There is really no point in trying to gather 100% of the information before making a decision or a leap.

You only know what you don’t know and sometimes you just have to do it to find out what the result would be.

Constant practice results in experience which results in a better understanding and knowledge of what could likely happen based on any number of factors.

Beyond that? It’s just guesswork.

Let me explain.

See, Little Bun was a planned accident of sorts. The only reason why we had him was because I just stopped taking the pill and we didn’t take any other precautions to prevent a pregnancy.

We just let it happen but didn’t necessarily say:

Today we shall start trying for a child because we have X amount saved and we have reached Y and Z milestones in our life.

Granted, I didn’t expect Little Bun to have been so quick on the uptake (6 days after I stopped the pill I was pregnant!!!!), but he was a very happy surprise for us.

Or how about something less emotional and permanent, like a car?

I know a guy who is waiting for THE perfect winter car before buying it.

In the meantime, he is making his wife drive him to and from work to save on the $100 cab fare, toting a small baby in the back .. and did I mention he works odd shifts?

So she has to drive at 7 at night sometimes or early in the morning with a baby in the back, half dozing off to pick him up.

He is ruining his life, her life and the baby’s just because he can’t decide on the perfect winter car that has what he wants and needs in his desired price range (see why he can’t find what he wants? He basically wants a champagne car on a beer budget).

The time is really now.

It isn’t later when all the stars are aligned and when things are perfect. It is now when he needs it. He needs to just find the best car he can that fits his needs and buy it. Waiting just prolongs the inevitable.

There will always be a seemingly better time around the corner.

Another better time after X happens or after Y does this.

You will always finds excuses to put things off.

The only way to combat this is to decide on a goal, make a plan (loose dates if you want) and stick to it.

If you want to control your investing this year:

Decide on how much you want to save with a budget by tracking your spending and adjusting as you go.

Decide on how much to invest and then just go for it with a strategy!

Map out a timeline to open accounts, fund it, pick a deadline to complete your first foray into investing, and meet it.

What do you want to achieve? Set a goal, set a deadline and just do it.


  • Ella

    I so need this post since I keep postponing buying certain ETFs and stocks (waiting for the price to drop). I have so much cash in RRSP trading account just waiting and who knows how much dividend/ stock appreciation I have foregone in the past 4-5 years cause of this >__< It's the what ifs though – what if stock market drop after I bought (doesn't help that I also bought oil stock since I thought it will keep climbing up and now value has declined by more than 20-30%)…. Don't know how much deadlines can alleviate the fears of losing our in investment..,,,

    • PwedePadala

      I know the feeling Ella. I bought my first ETF after researching the best choice but I kept reading and found out I’m not comfortable with my first choice so I sold it and bought a different ETF (same category/country). I learned to be comfortable in being uncomfortable of making a decision. You just have to do it.

      Now I don’t worry about the price; I constantly buy every month and take some profits to buy another ETF or buy something useful for my side hustle. Or probably a trip.

    • Sherry of Save. Spend. Splurge.

      Dollar cost averaging !!! Buy a bit each month and over time it will average out to be the best overall price taking into account highs and lows 🙂

    • Sherry of Save. Spend. Splurge.

      PS I bought oil too… arrrg waiting for it to go up and if gas prices are any indication it is this year with any luck

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