7 Money Saving Tips for College Students This 2018

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There’s that familiar anecdote about kids wanting to mature and grow up, and adults hoping to turn back the time to when they were kids. Now that you’re in college, you’re probably experiencing many new things that you may not be totally ready for. As a college student, one of your responsibilities is to budget your money. However, the challenge lies in having enough money to put toward your savings so that you have extra cash in case of an emergency or you need to purchase something important. Here’s how you can be good at budgeting and saving your daily or weekly allowance: Make good use of your school’s resources. Your school tuition gives you access to various school resources such as the library, computer center, sports facilities, and medical clinic, to name a few. Check them out and see what you can use for free or a minimal fee and use them as much as you can. For example, you could work on your case study in the library or computer center during your free … [Read more...]

A Guide to the 52-Week Challenge to Save Up to P50,000

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The 52-Week Challenge has been a trending topic on the internet lately. In case you don’t know what it is, this challenge encourages people to save money from week 1 to week 52 of the calendar year. Ever since this idea has caught on with online users, a number of versions have been made out of this money-saving project.   Despite the slight variations, though, the end goal is still the same: to get people to save money week after week until they complete 52 weeks in savings.   Plus, by the time you complete the challenge, you will realize that a savings fund is a flexible source of money since you could use it for whatever purpose or goal you have in mind.   The 52-Week Challenge It’s interesting to point out that the 52-Week Challenge is named for a reason. How many times have you promised yourself that you are going to be serious about your savings goals, only to break somewhere along the way? Saving can indeed be a challenge or a struggle for … [Read more...]

9 Ways to Celebrate Valentine’s Day on a Budget

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Cupid, the ancient Roman God of love in all its forms, is at it again –  piercing through your fragile heart with his quiver of arrows, and lo and behold, your heart is oozing with love now. In honor of this love, we clue you in on how you could celebrate Valentine’s Day in a fun and budget-friendly way. It doesn’t matter if you’re single, taken, a third wheel, married, wishing for a second chance with your TOTGA, or just a plain ambassador of love and goodwill to people around you. Cook away at home via GIPHY Around this time, restaurants are brimming with guests for the most of the day, and chances are, you would wait for hours just to be seated.   Instead, whip up a homemade meal from scratch at home. No matter how simple it is, the apple of your eye will never mind that you couldn’t make any dinner reservation early on.   The mood is in the details via GIPHY It doesn’t really matter where you’re spending Valentine’s as long as you … [Read more...]

How to Manage Your Monthly Income Using the 50/30/20 Rule

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Budgeting may be a painstaking task, but people who practice it swear it works for them. Just look at budget-conscious folks in your circle. They seem to be doing better financially with very little debt on one hand and a considerable amount of emergency funds on the other. Since budgeting is deeply ingrained in their system, you can almost be sure that they will be enjoying a financially stable life in the future. Considering that they have their own share of expenses, you might wonder how they budget their income effectively. The key is to come up with money-related strategies that will work for both your means and needs, whether it’s getting a short-term loan through online pawning or the 50/30/20 rule in budgeting.         Step 1: Calculate your net income It might not be possible to determine up to the last centavo how much you’ll be earning at the end of the month, especially if you’re self-employed or managing a business. However, you … [Read more...]

The Perks of Being Financially Independent

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Everyone seeks financial independence to break free from their money woes. This includes the daily struggles of worrying about how to pay the bills and utilities, groceries, and other necessities. You may have experienced having to loan from relatives or banks just to get through a difficult time or have resorted to selling some valuables to a pawnshop for financial emergencies. Striving for financial independence is important so that you don’t have to worry about your day-to-day expenses in the future. Not only will financial independence give you economic freedom, but will also enable you to explore other possibilities in your life. Indeed, there are a wide variety of perks that come with being financially independent. 1. You have extra spending money. Whether you still have a desk job that’s supplemented with extra cash flow from other investments, having the extra cash for shopping, vacations, and other activities is a great perk. You don’t have to find excuses to … [Read more...]

Easy Ways to Make Money on a Rainy Day

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The rainy season is here! As the “bed weather” days are coming our way, it’s so tempting to stay under the sheets and do nothing all day. Then again, daily and monthly expenses such as groceries, utilities, and bills never stop even when the rain is strong and the roads are flooded. So, what can you do during rainy days to earn extra money? Remember that every hour you spend idle is money lost. Whether you’re a full-time employee with free time after work or a student trying to earn extra income, you can try different ways to make money during rainy days. This can let you start working towards financial independence or save up for that dream vacation. 1. Do some freelance work. There are a lot of websites nowadays that you can join to venture into freelancing work. Apart from freelancing being a great way to earn extra cash, it can also turn out as a full-time job for you that earns much more than your current paycheck. Make a list of all your skills according to the area … [Read more...]

A Parent’s Guide to Saving Up for Children’s Education

In the words of Nelson Mandela, education is indeed the most powerful weapon that one can use to change the world. Needless to say, education is the primary key to success that relatively plays a vital role in shaping one’s future. The knowledge that one can attain from education serves as the backbone of many practical and theoretical decision-making processes that one may encounter, and at the same time, it opens doors to many opportunities as one goes through life. Since all parents want nothing but the best for their child/children, providing them a quality education is the key to making them enjoy all the fine things in life and mold them to be successful as they grow. However, the cost of education here in the Philippines is changing over time. Then again, nothing can ever replace the cost of missing out on education and its implications on one’s life. Planning and saving up for your child’s future education even in their young years will help take the pressure off you … [Read more...]

5 Best Ways to Help You Pay Your Tuition Fees

As tuition fees hike every year, it is increasingly difficult for some students and families to pay for their education. On May 29, 2017, the Commission on Higher Education (CHED) approved the tuition fee increase of 268 private colleges and universities for school year 2017-2018. The average increase in fees is slated at 6.9% or ₱86.68 per unit. Whether you’re a new couple preparing for your baby’s future, a parent struggling to pay for your child’s education, or a working student trying to make ends meet, you have multiple options available for you. You can save money, adjust your budget, apply for a scholarship, get a bank loan, or go to an online pawnshop to get funding. We’ve gathered the best tips to help you pay for your or your child’s tuition fees. Read on to learn more. 1. Save early. This is the golden rule for anything that has to do with a big purchase or investment. Determine how much you need every year, plan ahead, and structure your finances early on so that by … [Read more...]

A Millennial Guide to Getting Personal Loan

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  #Adulting has been a buzzword among the millennials, and is often used in a witty way to mean taking charge of your own life, doing grown-up things, and holding responsibilities. From having a job, paying bills, ensuring that your car is in good, working condition, undergoing certain medical procedures, planning some home improvement activities, achieving financial independence, and so forth. But if you would be honest, #adulting is so much more than a millennial jargon. It’s an inescapable reality just like having expanding waistlines and thinning hair, and admittedly, it’s no less scary than the latter two. Unfortunately, there’s no denying that only a few grew up truly prepared to #adult, particularly when it comes to handling finances. As a Filipino millennial yourself, you know very well that you still have a lot to learn when it comes to your financial health and spending habits. More so, that it takes time to truly take control over this large part of your … [Read more...]

Plane Tickets: Practical Tips To Booking Yourself Cheap Flights

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Jet setting to your favorite destination sometimes takes a plane ride away, and we know airfares, they get chunks of your budget. While the best seats could be the first class seats, the seats beside your bae and the window seats, and if there could be a higher degree than the superlative comparison of best- such as great, then the great seats are the ones you got for a bargain. Booking flights on a budget doesn’t necessarily mean you have to be a seasoned traveler or frequent flyer. You can just as master the art of plane ticket sales with knowing a few or ten practical tips. What would be more practical than to get a plane ride worth your budget, right? So, learn a few tricks to book yourself cheap flights below: 1) Book ahead of time. It’s an old saying, the early bird catches the worm. Based on experience, you can book sale seats ahead of time. Mostly, they come in six months before the scheduled date. That gives you a hell lot of time to prepare for your OOTDs, to buy that … [Read more...]