10 May 2020 - decluttering time

It's been quite boring to be staying at home all day. Was looking for ideas to occupy my time else my mind would wander back to my work.

Yesterday, I spent my afternoon doing three things
1) filing my insurance policies
2) summarizing my insurance coverage in a table in word
3) documenting my net worth (assets - liabilities)

I just bought FWD cancer cover plan and I always forgot to print out the policy details. Yesterday having being too bored to even read/look at youtube videos, I finally went to print it out and file it together with the rest of my policies. I think this is important because in the event anything happens to me, my family member know where to look for my insurance policies.

I also did a short summary of the coverage I had, so that I can put my mind at ease and know at a glance, what areas I am lacking. This is also knowing what I have, I will not be easily persuaded to buy another insurance policy later.

I have also documented my net worth (all my assets - all my liabilites) so that I know my progress. I started this by writing at the end of 2018 and flimsily writing it down in a book. With excel, I can track my progress across different years. I just realised how much my net worth was for the last 2 years, and I could set goals on what to do with the debts.

So far my largest debt is my housing loan and 2nd largest deb is my car loan.

For my housing loan, I would be able to accumulate enough savings in my CPF OA to fully settle the loan in 2029.

Sunday (10 May 2020)
Having nothing to do, I decided to do some decluttering of my study room. I managed to clear out 2 shelves of useless stuff and my tabletop. Now my table has so much more space.

After decluttering my space, I feel that my study room is alot bigger and my mind alot clearer. I could also work out a little sweat doing this.

I think there's more and I would devote around 30 mins every Sat, Sun to declutter/clean my house abit. Usually I only wipe surface tops and mop every alternate days. But with things lying around, dust accumulates and I absolutely hate touching dusty stuff as it would cause my hands to break out in rashes. This is why I try to make sure my stuff are always either stored or covered by something.