Anticipating 2011, there are lots of things might going to happen. Things that are unpredictable by nature. We just hope this year would be such prolific.
I have so many plans to take and decisions to make for me to become productive individual. So from now on, spend wise, think twice is much better than happy go lucky.
I have made a promise to myself(New Year’s Resolution) that i have to start saving monies for a purpose. Stop being so materialistic and be contend of what i have. If its really not that important thing, then better hands off and stick to you ass. hehehe [sorry for the word, its just an expression].
So what would be the changes?
Make sure to open a bank account(not an ATM) it must be a passbook, so that you can control your withdrawals.
Every payday, must set aside atleast 500 or 1000 pesos savings to accumulate atleast P12000/year.
Spend wise and think twice, learn how to budget to avoid shortage in the midst of the day before the next payoff.
Set a limitation of your expenses and track all your cash-out by tallying every single cents going out. Atleast you will know how much you have spend the entire day or week.
Prepare a lists of all your necessities which is enough for two weeks. Atleast you could save from buying food at a fancy restaurants.
You may sell out things which you no longer needed at a reasonable cost. Who knows, your leftovers might be somebody’s treasure. This could add up to your savings.
I know we all have cellphones, try to accumulate atleast 300 – 500 prepaid in a month. Tips, you may subscribe unlimited texts or calls if possible. This will help you not spending to much on prepaid cards or autloads etc. Same with postpaid, i know its fix rate, try not go beyond your limits. Inorder for you to have a fix rate per month.
Bills, make sure to use wisely your electricity to control bill charges at the end of the month. If you have credit cards, spendwise, much better if you only use it through emergency purposes.
Transportation, if its not necessary to ride a taxi, then just go for much cheaper, a jeepney. If its not that far, wherever your destination, just walk.
This is how chinese spend their monetary, and see how they become wealthy.
My aim here is to put-up a business probably next year. Atleast i have savings and that would make me become successful someday.
So start saving as early as now.