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Do This, Not That When It Comes to Your Finances

Wednesday, August 24, 2016
SavingsPinay remains as a personal finance blog of a common Pinay. With that being said I have shared to you with all honest my confessions as a personal finance blogger. I am not perfect when it comes to handling my finances. And just like you I am struggling to get my finances in order before 2016 ends. But I never lose hope. I hustle a lot this past weeks because my goal is to finish this year strong. I've learned some valuable lessons that I'd like to share to you. I call this the Do This, Not That When It Comes to Your Finances list. I hope you'll enjoy. 

Do This: Find a "raket" you can do on your spare time.

Not That: Be contented in your current job salary

"Raket" (Filipino term) or side hustle is just a must nowadays. You can never rely with your current salary anymore specially if you are supporting a family of your own. The best way to find out extra means of income is looking around you. Assess what you know or what you have that you can sell to people. Its either you sell your skill like becoming an event emcee, freelance writer, tutor, virtual assistant etc. Or you sell products through building an online shops, doing a garage sale or joining bazaar etc. Your side hustle can be out of what you are passionate about. People who love photography soon become wedding photographers as additional means. I for example love makeup and has been an event hair and makeup artist for a while now.  READ: The Secret Behind Creating Multiple Source of Income.

The key is to get to know what you do that sells. 

Do This: Save a portion of your income automatically

Not That: Put savings at the least of you priority

Not everyone understands the importance of savings. It takes a lot of financial discipline to know the beauty of the golden rule Income - Savings = Expenses. I am guilty beyond reasonable doubt of overspending and not giving much emphasis on my savings. I learned my lesson the hard way. Now that I'm 22 saving money is just the way to go and what ultimately helped me is to do it automatically. How to do this? First enroll to online banking. A lot of my colleagues don't do this and I am honestly surprised. Online banking gives you so much more convenience and access than regular banking. What I personally do is open another savings account aside from my payroll and I automatically transfer funds online. This is such an effective approach. READ: Frequently Asked Questions About Saving Money

The key is to pay yourself first no matter what.

Do This: Invest your money

Not That: Live in a one-day millionaire attitude

Now I do believe that our finances is very personal. We don't even like to talk how much we make, right? Its not something we can answer right away when asked. But its important to remind ourselves that without proper use our finances can suffer. If you have extra money why not save it for investment. Imagine how much money you waste with your vices, specialty cafes and impulsive shopping. If you gather those you already have enough to invest in a mutual fund or beginner's stock market. Replace your bad habit of splurging like there's no tomorrow with investing wisely. Learn how to invest for first-timers and not just normal investment. You need to have goals, patience and readiness with the risks that comes along with it. READ: Intro to Investing | An Almost Complete Guide

The key is to remember what you do today will greatly affect your future.

Do This: Spend less than you make

Not That: Be in debt

I know spending less than you make sounds too good to be true. Its hard to live below your means specially if you let your emotions and cravings come in. But instead of letting yourself be in much financial debt (and literally digging your own grave) try to be consistent in using a budget. A written budget will work best to know exactly where your money goes. This will also prevent you to accumulate any additional debt. Every time your pay check comes use the 50-20-30 Rule of Budgeting. Accumulate 50% of your budget on the essentials like bills, food, transportation etc. The 20% must be reserved on your financial goals like savings, investments and debt management. The 30% on the other hand can be spent on your lifestyle fund like budget for recreation, miscellaneous needs like toiletries, personal supplies, etc. READ: Best Money Moves for Pinays

The key is to learn how to live frugally so you may live abundantly too. 

Do This: Fund your retirement 

Not That: Wait for you to age before starting a retirement fund

Now is the exact time to begin investing for your retirement. You need an ample time to make your money grow through compound interest. Make sure that you have secured active contributions on your government-issued policies including SSS, GSIS, PhilHealth, PAG-Ibig, etc. Open a separate investment vehicle as your retirement account. Mine has been my FAMI-SALEF investment all the way. If you may, try to accomplish a life plan today. You can read my blog post: Is St. Peter Life Plan an Investment for more understanding. I know it sounds morbid but if you look in the bigger picture its better to be prepared for you and your future family financially. If you want to enjoy your retirement years fully then you need to better mind your retirement fund. READ: Things That I Learned Since My First Investment

The key is to prioritize paying yourself first before anything else. 

Do This: Invest in yourself

Not That: Forget yourself in the quest to financial freedom

I believe its equally important to remind ourselves that we are our greatest investment. It is important to make yourself more valuable by learning a new skill, mastering your talent and investing on what makes you truly happy. Stop sabotaging yourself and try to enjoy life as it is. I have made a complete post about this recently for reference. READ: 7 Ways You Can Invest in Yourself

The key is to  enjoy the the process. Get rich slowly but surely.

Final Thoughts

If you read my story you know that my interest in personal finance grew just last 2014. Before that I was living in a complete financial sin, wasting every bit of my money on non sense stuff. I keep on buying things to impress the people around me I don't even like. The birth of SavingsPinay was the start of my life turning around. I learned to do this and not that when it comes to my finances.

Taking control of your finances may seem like a wrong process and a daunting task. But I assure you that having a clear mindset when it comes to your money will bring you sanity. Change one habit at a time and say yes to financial freedom. Keep going and make today count. 

Are you ready to start your journey to financial freedom?

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[JOIN FOR FREE] SMart Investing – COL’s 2016 Wealth Building Summit for the Filipino Investor

Sunday, August 21, 2016
Hi everyone! Happy Sunday to you all. Today's post is an announcement in cooperation with the people behind COL’s 2016 Wealth Building Summit for the Filipino Investor. This year we encourage you to Build Wealth the Smart Way by joining this free summit. Read the rest of the details on the Official Media Press Release they sent:

The Philippines’ most trusted online stockbroker, COL Financial, and the largest Filipino conglomerate, SM Investments Corporation, will be sharing their secrets to investing success in this month’s “SMart Investing – COL’s 2016 Wealth Building Summit for the Filipino Investor.”

By joining this free summit, Filipinos can increase their financial literacy and find out what it takes to invest your way into financial security and independence.

Learn about stock market investing in the Philippines and discover how to grow your portfolio by investing in mutual funds. Hear from an impressive team of financial experts, including COL Financial Chairman and Founder Edward Lee, Philippine Stock Exchange President and CEO Hans Sicat, COL Fund Expert Marvin Fausto, and the top fund houses of the Philippines:  ATR Asset Management, First Metro Asset Management, Philam Asset Management, PhilEquity Management, and Sun Life Management.

Participants will also be able to sit in on COL’s mid-year market briefing in the afternoon session, spearheaded by COL Head of Research April Lee Tan and COL Chief Technical Analyst Juan Barredo. In addition, each day’s activities will come to a close with a panel discussion with investment experts and representatives from SM Investments, BDO, and SM Prime, followed by an exclusive Q&A session.

SMart Investing will kickstart this journey towards financial literacy on August 22 in Cebu, at the Radisson Blu Hotel from 8:30 am to 5:00 pm. The summit continues on August 23 at Cagayan de Oro for a 12:00 pm afternoon session at the Pryce Plaza Hotel. The last two days of the summit will be in Davao on August 25 at SM Lanang Premier, and in Manila on August 27 at SMX Mall of Asia, from 8:30am to 5:00pm on both days.

For more information on this event, visit the official Facebook page of COL Financial ( or register for the event at

See you at the event!

7 Ways You Can Invest in Yourself

Friday, August 19, 2016
I don't settle for mediocrity. I hate to live my life as an average. That's the reason why I constantly seek for personal success whether through new goals achieved, new habits gained, new books finished, new tasks done etc. I love developing myself personally and professionally by investing in myself.

So I thought it would be nice to share the 7 Ways You Can Invest in Yourself Too. Its time to think about you and how you can make a better life. We are all about giving to others that we forget to give to ourselves and this post is a complete opposite. We will be a little selfish and empower each other.

Investing in yourself is important because its your own way of living life better. The return of your investment is passive, meaning it grows exponentially without you even lifting a finger. If investing your money comes with inevitable risk-factor, investing in yourself is complete opposite.   Its risk-free and full of rewards instead. 

Let's begin!

1. Invest in a Morning and Evening Routine

Having a happy morning will lead you to a happy evening and vice versa. Its important to have a perfect morning routine and perfect evening routine that will lead you to success. The way you shape your day will make a big difference on your future. It would either make or break you. Personally, having a morning and evening routine lead me to a clearer day. I feel more inspired to work and plan for the future. I see investing in a morning and evening routine to be the first on the list and the easiest to accomplish.

  • Create a Morning and Evening Skincare routine

Establishing a good skincare routine is non-negotiable. When you look good outside you feel better inside. See my own day and night skincare routine as reference.

  • Try the Miracle Morning
I stumble upon the idea of Miracle Morning on BohoBerry, one of the page I visit for bullet journaling inspirations. Anyway, the goal is to be as productive as possible before your actual day begins.

  • Miracle Morning suggests the acronym S.A.V.E.R.S.
S is for Silence like meditation, prayer, breathing exercise or any activity that will calm your soul and mind.

A is for Affirmation or encouraging words that will help you see the day better.

V is for Visualization where you'll set a nice vision of the day and really set your heart and mind for a productive day.

E is for Exercise or any physical activity you can include to get the blood and oxygen flowing to the brain.

R is for Reading where your positive thoughts and ideas are available to improve yourself. 

S is for Scribing more known as writing which is a good way to process your thoughts first thing in the morning.

  • Try to switch off your phone or any devices before bed 
This will enable you to really focus on either pampering or dozing off.

2. Invest in Knowing What You Really Want in Life

The most difficult part of growing up is knowing what you really want in life. Your choices shift a lot, your views and opinions change in an instant and you get easily caught in everything that's going on. My best advice is to figure out what you love, continue planning what you want for your life and lay down all the next actions.

  • Set some goals 
If you haven't tried doing some major goal setting in your life then what are you waiting for? Learn how to set some personal and financial goals that can put you on a rather productive phase. 

  • Discover your strengths and be aware of your weaknesses
Doing some SWOT analysis on your life will help you build a better you. Ask yourself what are you good at and focus your time and energy building your life around those strengths. 

  • Journal a lot
Writing helps to become more intentional in the way we live. Start a journal and continue reflecting on your life. Journaling is life changing. It will disclose the things that you never understood about yourself, your thoughts and your life. READ: Finding Out What You Want in Life

3. Invest in New Skills

Continue improving your life with new skills and new learnings here and there. Read books, blogs and news that interest you. Sign up for free online courses and free eBooks that will teach you something new. Attend seminars and workshops to expand your knowledge and skills both personally and professionally. READ: 30 Do's and Don'ts of a Successful Person

  • Enrich your mind through reading

Instead of wasting you precious time on social media why not start reading books and blogs instead. Go visit a bookstore today and scan through books for new lessons. 

  • Find out seminars and events you can attend

You can always search online for free seminars, events and workshops you can attend personally love joining these affairs because it opens new opportunity to learn.

4. Invest in Your Health

I came from the biggest shock of my life health-wise and its NOT funny. Being sick is a waste of time, energy and money. It is nice to invest time taking care of yourself and your health. Health care is very important because if you want to be successful you need your body to agree with you too. Stop abusing your body or else it would fire back at you. READ: All About PhilHealth

  • Don't feel bad getting a check up as long as you feel much difficulty and something is bothering you. 

  • Try to invest in a health card if and then your company doesn't provide. 

  • Eat and drink healthier than before. My mom does this detox water with lemon and cucumber and its super nice to have morning and night.
5. Invest in your Finances

You cannot let your money issues rule your life forever. Getting your finances in order is one way, saving money is another. Have all the means to be financially stress-free. We need to stop neglecting our financial obligations from building a emergency fund to getting out of debt. You need to learn how to handle your finances wisely.

  • First figure out how you are spending your money by creating a budget
A spreadsheet or document will do. Better yet download my 50-20-30 Budget Template instead (email request at
This includes your emergency fund, investment fund, retirement fund etc. 

  • Don't be in debt
Avoid incurring more debt by learning to live within your means. Always aim for a positive finances no matter what. 

  • Start thinking about your retirement
The best time to invest in your future is today. The lesser financial responsibilities you have the more you can contribute to your retirement fund. 

6. Invest in Your Relationship with Others

You need to start building good relationships that can be your own network of people as you grow. Its better to have few but trust-worthy friends than surround yourself with people who are harmful to you. READ: 5 Financial Advice for Single Pinays

  • Learn how to let go
It takes a lot of maturity and courage to let go on the people that caused you too much pain. Know that you deserve only the best in life so don't waste your time minding people who don't add to your wholeness. 

  • Be there for your family no matter what
Know that they are the only people who will be there for you when you need them. Make an effort to remember special dates and birthdays in your family and close friends. You don't need to give gifts just small gestures and let them know you appreciate their presence in your life.

  • Accept that you can't please everyone
No matter what you do or what you say you can't force someone to appreciate you on your own liking. You need to earn their respect.

7. Invest in Your Spiritual Life

I've been a push-and-pull situations towards my spiritual life but I thank God for not letting go of me. He always remind me of the value of faith and of living an intentional life. I believe its important to take a good look on the activities we do for the glory of God. We need to invest our time and efforts to nurture our faith. The primary goal of knowing Jesus and building a God-centered life should be the number one priority. 

  • Begin and end your day with a thankful heart
Stop holding grudges on your current status but try to be grateful on the small things that make your day better. 

  • Read the Bible
The Bible holds all the answers to our life's important questions. The Bible is also important to read for knowing God and His will for our lives. 


To  end this post I want to give you some small actions you can do that can lead you to better life. Choose something you can start today and find out how these small acts can empower you.

a. Create a Bucket List. See mine here >>>

b. Have a Mid-Year Review. Ask yourself these four questions and write your answer:

What am I most proud of so far?
What could have been better?
What baby steps can I take to improve?
How can I build upon my successes?

c. Choose one physical task you can do today and something you've been neglecting for a long time.

d.  Plan your day in advance. Learn to do a to do list and ace each on your list.

e. Sleep and Wake Up Earlier. Proper sleep can give you a ton of benefits. It allows you to be more productive and enjoy your sleep. 

f. Develop Habits and Routines. Daily routines give a structure on how you live your life. Its nice if you incorporate as many new habits and routines on a regular basis.

g. Travel. Save money and make time to travel. Learn new culture, cultivate on new surrounding and immerse yourself with the nature. You will find yourself having new perspectives on life.

What investment are you most eager to do for yourself today?

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How to Earn with TravelBook Affiliate Program

Wednesday, August 17, 2016
Hooray for another extra income idea blog post here on SavingsPinay. I am calling bloggers and digital content creators I know to maximize the potential of their site through the fastest growing online travel e-commerce company in the Philippines, If you are interested on how to make money with TravelBook Affiliate Program then this post is for you.


I first encountered during the iBlog: The 11th Philippine Blogging Summit. They had a booth inside and generously gave away free Get Go Lifestyle Rewards Card from Cebu Pacific which I also feature here on the blog. Anyway, is an online booking service dedicated to offering great value hotel booking for every Juan. They offer utmost convenience by providing a user-friendly portal with the largest online catalog for Philippine hotels and resorts. Whether you are traveling in Baguio, Batangas, Bohol, Boracay, Cebu, Davao, Laguna, Metro Manila, Palawan, Pampanga, Tagaytay, Zambales and more you'll definitely find a place to stay with's over 1,200 partner hotels.

About TravelBook Affiliate Program

Aside from being an online solution for tourists, also offer an Affiliate Program perfect for bloggers and content creators who constantly seek for new ways to generate income. The TravelBook Affiliate Program offers an opportunity for you to earn through simple promo tools like banner ads, links and widgets you can implement for free on your blog. 

How TravelBook Affiliate Program Works?

Upon sign up at you will receive access to the Affiliate portal. This is where you can manage and view the development on your affiliate performance. TravelBook gives you not just one but three effective ways to earn money as a blogger. See below:


Banners come in different sizes that can fit anywhere on your blog template. It gives real-time offers on partnered hotels. You can integrate this easily by selecting a banner size, typing a Sub ID to link in all completed bookings to your account and getting the HTML code to add on your site.


Links is one of my favorite promo tool from TravelBook because its super easy to include on the blog. All you need is to copy and paste the URL  from any of the area or hotel as seen on the photo below. Paste this on the keywords of your blog post. 


Widget is a ready-made search box that your readers can easily use to book for accommodations on their next trip. It is very simple to set up. All you have to do is copy the widget code and add it on your blog's side bar, footer or anywhere you want! 

TravelBook Affiliate Portal

Once you login to your account you can easily navigate through to the TravelBook Affiliate Portal. This is where you track your progress, add promo tools mentioned above, withdraw money and manage your account. It works in a what-you-see-is-what-you-get type so you won't have hard time exploring your own TravelBook Affiliate Account.

Main Menu

Summary - Shows a quick overview of your account performance from revenue statistics, booking-related data and website traffic. This also the default redirection page of the website.

Details - Gives you more details on each booking transaction made through your TravelBook Affiliate account. It lists down all the important information on all booking linked to your account including booking number, hotel name, Sub ID, time of booking etc.

Promo Tools - Provides quick access to a variety of promotional tools to promote

Withdraw - Simplifies withdrawal of your earned money. You can select either bank transfer or check payment as payment method. Processing of each withdrawal requests will take 30 calendar days.

Profile - Shows all the deatils you submitted during your application. This is also where you'll find your Affiliate ID or the unique identifier you can use to get all booking transactions and commission details connected to your account. Any changes done will be reviewed and approved by TravelBook,ph Affiliate Team within 5 working days.

Change Password - Allows you to update your account password.

Support - Helps you with all your questions and inquiries as a TravelBook Affiliate. It contains all the information you need.

User Manual - Lets you download the TravelBook Affiliate User Manual anytime.

How to Apply as a Affiliate?

Step 1. Complete the registration form found in this link:

Step 2. Ensure that all required data are provided such as website URL and your personal information.

Step 3. Upload a scan copy of your ID for verification purposes. This is done on the online registration form as well. 

Now, anyone can join the TravelBook Affiliate Program as long as you have a blog or site to register. TravelBook.PH will review your application and you will receive a confirmation via email once you become an official partner. The processing of application will take 5 working days. Mine however took only a day if I'm not mistaken. I registered on a Monday and got my confirmation same day. 

My 5 Tips to Earn with TravelBook Affiliate Program Fast

You too can start earning as a TravelBook Affiliate. If you already have a blog or wanting to start a blog then here are ways you can get up to 65% commission per transaction. 

1. Make sure that your blog supports the "travel" niche

As a seasoned blogger I know for a fact that you the only way you can succeed in affiliate marketing is by recommending what you use and honestly believe in. If you don't travel and you are not an out-going person then you TravelBook Affiliate Program might not work that well for you. 

2. Add the TravelBook widget on your blog

This is one of the coolest promo tool ever because you its always a win win situation for you and your readers. Your readers can book their next trip conveniently on your blog and you earn through it. The design of the TravelBook Widget is also nice and it fits perfectly on every blogger's template.

How to do this?

  • From your TravelBook Affiliate go to Promo Tools. 
  • Next select Widget
  • Click Generate Sub Id and type an alphanumeric code used to link all the completed bookings to your account. Mine for example is my name + a 4-digit number. 
  • Then click Copy to Clipboard
  • On your Blogger Account go to Layout
  • Click Add a Gadget
  • Choose HTML/JavaScript
  • Paste the code and save

Note: Don't forget to change the width and height of the code based on your blog's size. Wait for a few minutes for it to load fully on your blog.

3. Generate some evergreen travel posts

These posts will give you a lot of opportunities to earn through TravelBook's Link Promo Tool. Implementing this is a matter of copy+paste so you won't need any formal training whatso ever.

Some Example of Evergreen Posts about Travel:
  1. List Posts. Everyone loves to read a good lists on a blog. Create post on Top 5 Places to Visit before 2016 Ends, 10 Things You Should Bring On a Solo Trip etc. 
  2. How To's. Give away information to your readers through How To posts. From How to go to a certain plan to How to Book Your Next Trip Stress-Free.
  3. Travel Guides. Select a destination and become a local expert for the public. Guide us to what to see, what to do and where to eat on the said area. 
Note: Make sure that you insert only the appropriate Affiliate Link on your post. Your readers will not like it if they get redirected on a page that has no connection to what they just read.

4. Add Banners on your sidebar

Being part of the TravelBook Affiliate Program entitles you to a ton of Banners you can add directly on your blog. They come in different sizes to maximize your earning potential. 

How to Effectively Add Banners on Your Blog?
  1. Make sure that you have included a Sub ID before copying your widget code this is to track any bookings made successfully through your banner. 
  2. Choose the size that match your sidebar. Most side bars support 300x250 size.
  3. Put the Banner on a spot where it could be seen by your readers. This is either on top or at the center. 
  4. You can also include Banners inside your blog posts. Just go to the HTML side and add the code.

5. Lastly, tell others that you have joined the TravelBook Affiliate Program

Let them know how they can book their trip online without any hassle. Your family and friends will be very much delighted to use your code or book their trip to your blog's widget for sure. Use this as your advantage too. 

How Much Extra Income Can You Earn as a TravelBook Affiliate?

The TravelBook Affiliate Program lets you make money through commissions on booking made through your site. You will be paid a percentage of the total gross commission earned from completed transactions of each guest coming from your Affiliate ID. The higher number of successful hotel or resort bookings, the higher percentage of commission you will receive.

Below is the Affiliate Commission Structure taken from the TravelBook Affiliate Program Terms and Conditions

Once your total commission reaches 2,000pesos, the affiliate can request withdrawal. The payment method will be through bank to bank transfer or check payment. 

For questions and further about the Travel Affiliate Program you can easily go to the FAQs page.

Why Become a TraveBook Affiliate?

To be honest, TravelBook Affiliate Program is one of the best program currently available in the Philippines today that bloggers and content creators must join. I am fond of traveling and I have bucket list of places I want to visit. I have also published a couple of posts here on SavingsPinay that venture on the Travel Niche. 

Mt. Daraitan Hike April 2016

Mt. Manabu Hike February 2016

Pampanga 2D+1N Trip February 2016

If you are looking for a new means of extra income online that won't hurt your blog, TravelBook Affiliate Program is the next big thing. Their Marketing Team is also very friendly and accommodating to questions. I love that they make ways to strengthen their rapport to digital influencers. 

The Different Saving Funds You Should Own

I have been working for the past three years and to be honest I feel like nothing is happening to me --- financially. Yes, my investment is there and yes, I have means to get extra money but savings-wise I am doomed. Its so hard to save money.

I think about money all the time. Whether about post ideas on SavingsPinay or my personal financial goals and next actions. I just want to Get My Finances In Order Before 2016 Ends. Good thing the post I created will always remind me of that. 

I also realized that I spend too much time thinking about saving money but I honestly have no idea what am I saving for. Do you have the same struggle? And so I thought I'll create a list of The Different Saving Funds You Should Own. Let me know in the comment section below which fund you want to start saving, which fund you are currently saving for and which fund you've already accomplished. 


This is just a non-negotiable fund to be honest. Without a cash cushion for emergency situation you'll be left behind. People who have prioritized their emergency fund first and foremost will suffer less money-related stress. They will feel much secured of what tomorrow will come. 

How Much Do You Need?

Prepare at least 3-6 months worth of your income. You can also start with a Baby Emergency Fund taken from Dave Ramsey's Total Money Makeover. The Baby Emergency is equal to $1000 or for Pinoys it could be just a month worth of your salary. 

How Can You Save For an Emergency Fund?

Try saving a good 10% of your salary every month. Automatically transfer this to a separate savings account which you bound not to touch unless a financial shock happens. 

Related Links:


This applies directly if you suffer from personal debt, credit-card debt and/or loans. You need to allot a portion of your salary as a a debt-payment fund. Make sure that you pay your debts so you can use the money to better your finances in the future. I am fortunate to have not incurred any debt at the moment so my net worth is quite positive. However, I should still take precaution financially.

How Much Do You Need?

This depends of the method you choose to pay your debts. The Debt-Snowball Method is one of the most recommended ways for you to pay successfully. This method suggests paying the least of your debt with the least amount you can pay. It focus on slowly but surely debt-management. 

How Can You Save For a Debt-Payment Fund?

This should be the number 1 priority in all of your saving funds. Maximize the amount you pay for your debts than the amount you save. As soon as you are debt free then focus all your money in building your cash reserve. If possible try to come up ways to earn extra money either online or through a small business.

Related Links:


As early as now aim to have your first ever investment. Investing will definitely change your life for the better. It is your first big step in creating a passive income or making money work for you and not the other way around. 

How Much Do You Need?

This will depend on the type of investment you want. Nowadays a good 5000pesos to 10,000pesos is enough for an initial investment on traditional investment vehicle like mutual fund or direct stock market. You can also save more money as soon as you start diversifying your investments.

How Can You Save for an Investment Fund?

Cut-back on your unnecessary expenses and slowly move the money you save on your Investment Fund. You can also use any cash bonus you receive or maybe your separation fee or 13th month fee for this.

Related Links:


Personal savings fund will enable you to achieve all your short-term financial goals such as budget for travel, buying a new car and/or updating your wardrobe. This is for your personal wants that cost more than the regular "wants". The key is to make sure that your first three funds are funded enough so you won't feel sudden guilt financially. 

How Much Do You Need?

This depends of which short-term financial goal you want to achieve first. I for example is saving for an international trip on the first quarter of 2017. I am aiming for 25,000pesos as my travel budget. With this I have to save at least 3,500pesos a month. Adjust your budget accordingly so you won't be in any unwanted debt.  

How Can You Save for a Personal Savings Fund?

Again you have to make sure that you have funded your Emergency, Debt-Payment and Investment Funds first before transferring any amount to this fund. Priorities, remember?! Now having an extra income will help you tremendously to build your Personal Savings Fund without hurting your budget. There are many proven ways you can diversify your income. You just need to be really "madiskarte".

Related Links: 


You will never be young forever so you better start thinking about your retirement too. A lot may ask what age a retirement fund should be started and the definitely answer would be as soon as possible. Saving for your retirement will enable you to enjoy your harvest season. The earlier you start more your money will grow. 

How Much Do You Need?

Nowadays you just can't entrust your retirement fund to government-issued policies like SSS, GSIS (for government workers), PhilHealth and PAG-Ibig. You won't survive with the inflation rate and the cost of living. If you want to retire happy you need to start saving accordingly. Start by saving money on a quarterly or yearly basis. Commit to a certain amount you can fund. Then add whenever you are financially equipped. 

How Can You Save for a Retirement Fund?

Saving for retirement should start as soon as you have your first income. If and then you can't afford then try to develop the habit of paying yourself first either from any of the above Different Saving Funds You Should Own.

Related Links:


To end this article I just want to share to you this quote I saw from the internet. This is my current desktop wallpaper since whenever I read it I feel really motivated. I hope that this same quote will inspire you financially to make today count. Do not feel discouraged instead keep going. Don't ever dare to think about quitting.

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