Posts Tagged ‘what to do’

Saving for a rainy day

Photo by stuartpilbrow “089/365 Money…What Money” by c/o Flickr. Some Rights Reserved

The other day, my good friend T and I were talking about money matters and how it’s so hard to really save up for a rainy day. After taking stock, I realized I spend a bulk of my money on two things: food and gadgets. To make matters worse, not only am I spend-thrifty, I tend to be impulsive about it. At times, when I know I have money coming my way, I already plan where to spend it, even if I am not holding it yet. Tsk tsk.

After our discussion, I decided that it’s time to make some changes with regards to my spending habits. I know this should have been done a long time ago, when I was younger, but I guess it’s not too late to start. After all, I’m not getting younger, right? If I don’t do this, what’s gonna happen to me in the future, especially since I have to fend for myself. Also, I have to think about the possibility of having my own family. While I know I have some social security benefits and insurance claims to expect for the future, it definitely will not be enough for a long time.

Here are some things I will be doing in the next few months to save for the future:

  1. Limit beverage purchases. I spend WAAAAY to much on this: sodas, iced teas, coffee….To be able to do this, I will be bringing a water bottle with me more regularly.
  2. Stop with the excess food purchases, such as ice cream, chips and chocolates. Not only will this help me save, it can also help me in my goal to be a Fat Girl No More!
  3. Minimize gas expenses by planning out my schedule better. Same thing with parking. I hate having to pay the extra Php 10 for exceeding the allotted hours, especially if this is just by a few minutes.
  4. I will also think twice before buying something!!! To be able to be sure to do this, I will leave my credit card at home!!!

That’s about it for now. Do you have any other suggestions for my savings? 🙂