I don’t know why I started thinking about this today, because I’ve neither been inclined nor considered doing this before.
I just withdrawn my paycheck today. My salary is just a slight increase from my previous job and yet it seemed as if I had a lot of money left over after giving my usual to Dee, M and my study loan. I even donated RM100 to WWF Malaysia – I’d get two shopping bags for free, heh.
It’s simply because I’m not saving up for anything. Before that, I was saving for my trip to Bangkok. Before that, I lost a huge chunk of money out of carelessness and had to skimp. Before that, I blew money for furniture in my new room.
I still owe M a few hundred ringgit for the furniture in the room, but I plan to pay it back in the next three months. Meanwhile, I should be able to save RM500 a month if I’m careful with my spending. If I get to do side jobs like freelance writing or editing it’d be even more to save.
Saving is good, of course. I have not been saving regularly in the previous months so I should do it now to catch up. But now I’m thinking, saving will not benefit me all that much… if I could use the money to generate more income that would be better.
A few months ago, I learnt about unit trust funds, or something like that. I forgot what is it called exactly. 😛 It works like fixed deposit accounts, but the interest rate is higher and there is no risk. There is a limited number of shares or whatever it is to be sold, of course. I wanted to put my money into that but it sold out soon after, so there’s to that. I will keep a lookout for something similar in the future.
I could do some investments, but I do not know anything about it, so I won’t consider that. Then my thoughts turned to wondering when can I go to Bangkok again for another shopping spree. Then I thought…
Why not make shopping part of the job? If I start my own business selling clothes or accessories, then I could go to Bangkok more frequently and shop more! I could start a blog to sell my wares and post the products to anywhere in Malaysia. The post office is in the shopping mall where my bookshop is located, so I can do that during my break time. Airplane tickets will not cost much if I keep a lookout for special offers at AirAsia. Since I am planning to do this alone, I will not have to coordinate schedules with anyone.
Also, the shopping mall I work at has a flea market every weekend. I could rent a stall and sell my wares once a month (I’d have to schedule my days off then). I’m not looking for a big profit, after all – just some side income to make it worthwhile and at the same time allow me to do what I enjoy best – shopping!
What do you think? I’m not even sure what to prepare if I am to seriously venture into this. I only know what I want to sell: products which I think are of good quality and taste. Things that I would wear.
Any advice is appreciated!