If you want to know more tips on how to save and budget your money well. I hope I was able to enlighten you in this article and hope you will also share this idea to your loved ones. If you stay at home for 3 weekends for a month, you will have an additional savings of up to P3,000 x 12 months = P36,000 per year. We can also still do that, instead of going out over the weekend which is also costly.Īn average day spent outside the home can cost you up to P1,000, and this amount is mostly spent on recreation such as food, coffee or movies. So I was practically not spending anything. I can still remember that I will stay at home to eat my favorite fried eggs, pork and beans meal and watched cartoons whole day long over the weekends. If you practice this habit, you will realize that saving is actually a fun habit when approached with a right attitude and mindset.

Students are still dependent on their parents, they practically do not pay for anything, so they can bring in money to their piggy bank.

If an average allowance ranges from P100 daily and if they just save 50% of this to their piggy bank. I said income because I started my sales career at 12. I can still remember when I was a student, I was saving 50% of my income. Similarly, when you bring your own water bottle and refill it from home, your savings are also guaranteed!īe Eager To Set Aside Money For That Piggy Bank Imagine how many 300ml bottles you can refill from that 5-gallon water refill? If you drink at least 3 bottled water a day, you’ll have a savings of P60 daily, that’s over P20,000 per year!Īccording to studies, food businesses actually earn more from their beverage sales rather than their food sales this is because beverages are a must when we dine, hence, sales are guaranteed. This strategy does not only benefit your finances by saving, it also promotes good health and proper nutrition because you can design your food menu according to your nutritional needs.Ī 300-ml bottled water can cost P20 at average while a 5-gallon water refill at home can cost P50. If we just save 150 a day x 20 days = P3,000 a month x 12 months = P36,000 per year. If you think bringing packed meals is old school, think again. If you buy your food from the grocery and prepare them at home for the next day’s packed meal, you would’ve spent only P40 – P100 with plus bonuses alongside such as larger meal proportions and assured clean food handling and preparation. Nowadays, a decent meal can cost P60-P150 if you’re on a budget. One of the major reasons why my allowance as a student was always enough is because I didn’t have to buy my own meals – my parents prepared them for me.

Chinkee tan biography tagalog