My 7 Resolutions for 2015 – No I Don’t Only Want to Save & Invest. I Want to Spend & Read too!

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In few days, we will enter a new year. And I am sure that most of you would be making resolutions for 2015 right now. A study says that 93% of new-year resolutions die by 23rd February. And if these are financial resolutions, then 96% die by 3rd February.

No. Don’t worry. There is no such study. I just made that up. 🙂

I know I am really bad at keeping my new year resolutions. So I won’t be harsh on myself if I am not able to keep them. But still, these are my 7 resolutions for 2015:

  • I will once again try to surrender an endowment-insurance policy, which an uncle of somebody sold me and I can’t surrender it, because of my family’s connection with that somebody’s uncle. 🙂

  • I will increase my Emergency Fund to cover 6 months worth of my family’s expenses. Currently its at a risky 4 months. 🙁

  • I will save atleast 5% of my take-home salary in my Travel-Fund. I will push my wife to do it too. 🙂 We love travelling and that requires planning and money. Apart from investing, I also rant (at times) about my travels on TripAdvisor. You can read a few here.

  • I will use my Market Crash Fund (with courage)… if markets go down by 15%-20% this year.

That’s all. I wish you all a very happy and prosperous New Year.

I personally want markets to correct in 2015…and that is because like previous few years, I will continue to be a net buyer of stocks even this year. But if you need some of the money (you invested earlier) in 2015, then I will pray for it to be a bullish year for you. I will wait and buy shares in 2016 🙂

Once again, have a happy and prosperous new year. Will say Hi to all of you in 2015 now.


  1. Wish you a happy new year in advance! Incidentally “Titan” and “Letters from a Stoic” were on my reading list as well. I guess what they say about great minds thinking alike is true 🙂

  2. Few others on list for early 2015 are “Influence” by Robert Cialdini, “Seeking Wisdom: From Darwin to Munger” by Peter Bevelin, “The Richest man in Babylon” by George Samuel Carlson. I keep adding books as and when I hear about them, my Kindle collection is growing 🙂

  3. dear dev i read one of your reviews at tripadvisor. wonderful piece of writing. you should try writing a romantic novel as well.include it in your list of resolutions

  4. Subscribed to your blog today and absolutely loved it (ended up reading your articles for 3 hours straight). Hope you get the strength to give up your endowment policy, anyways your uncle will not be getting any commission or some minimal amount if you have finished 3 years (maximum in year one).

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