How To Save From Unnecessary Expenses

For someone who is working on getting out of debts or eliminating her debt list, saving is a must. It lets you accumulate and set aside extra funds to slowly pay your debts. While identifying your wants and needs is an essential part of saving, discipline comes first. There are a quite number of saving method published both by professional and bloggers alike on the internet, but the one you must choose is the one that can actually work effectively for you.

Personally, I have made my share on this and come up with some unnecessary expenses I have been incurring for the past months that could have been thousands in pesos by now - could have chopped off some of my debts in fact.

How To Grow You Money At A Young Age

Few months after I mentioned investing in stocks with my eldest son started his interests in investing. At first it was about the thought owning a part of his favourite fast food chain in the Philippines - Jollibee thru an online stock broker. He was delighted to know that at an affordable sum of money he can already "own" a company as big as that fast food chain.
 

Then a few days back I introduced to him why he should want grow his money at an early age. It was a relieve that he doesn't want to work abroad to earn a bigger income. According to him, it is still best to enjoy life and happiness  together with the family. So I told him, then you need to be financially literate and grow your money!

First and foremost, we need to know why do we want to grow our money I told him. There should be a goal which you want to work on achieving. 

Do you want your own house? Do you want your own car?

Do you want to take pleasure on travelling around? Do you want to help others?

If You Have Debts, Should You Still Save Money?

Definitely yes. Why?

Because you need to have some cold cash when you encounter another unexpected expenses. Otherwise, you will be resorting to getting another debt again. A very good point I stumbled upon while reading my all time favorite finance blog.

Please read along with me.

Debt List

gustong gusto ko ng umatend ng mga reunion, ng mga get together at mabisita ang mga dating kasama sa work. ma add sila sa facebook para makita nila ang progress ko ng walang takot na baka singilin nila ako sa wall page at para makita at malait ko na sila ulit sa mga pictures nila.

pero pano ko gagawin un kung hanggang ngaun, hindi pa ako nakakabayad sa kanila. ung iba sa kanila pinagpa sa Diyos na lang ang lahat, baka kaya kinakarma na ako. ung iba, nanahimik na lang pero alam kong nag aantay pa din ng bayad.