Life as you know it.
We really have ups and downs in our lives. I was born in a family which can
afford things that we want just because we want it. We travel to places and eat
at fine-dining restaurants. Until my father left us.
My mother is a government employee and she is earning just
enough to feed us and give us something we can bring at school. I was
graduating in college that time and I am really struggling. The bank pulled off
the car from us since we really cannot pay for it and my mother was having a
hard time paying for her credit card. We almost have nothing. We almost lost
the battle of life.
Encouragement from
the people around you.
I am very grateful to have good people around me. Even
though I have no savings, they supported me and encouraged me until I graduated
from college. After graduation, I did not waste any time and I applied immediately
and was hired in a multi-national company.
Being employed.
The
drastic changes in my life is still fresh and cannot cope with it yet that
time. I still bought modern gadgets, went to parties and traveled frequently.
I almost spent half of my monthly income on those 3
mentioned above. My monthly budget is well-divided on things I need and I want.
Each receives a percentage on my salary and I can save only a little amount to
nothing.
Things where large percentage of my monthly income go.
I understand the consequences of buying modern gadgets. It
is not bad to reward yourself a good high-tech device after your stressful days
at work. In this way, you will still feel your hard-earned money went to
something you can use.
In my age, my blood is as hot as kitchen fire. Who would not
want to dance and party your nerve-wracking thoughts about your boss and
personal problem? Who would not want to socialize with people with same as your
age and get connected with them?
I am a wanderer. I splurge a lot when it comes to my travel.
I have been traveling around the Philippines to see the beauty of our country,
meet new faces and know their culture and share our country’s beauty through my
blog.
Attending a Financial
Wellness Seminar.
Recently, the company where I am employed conducted a
seminar and invited interested employees about financial wellness and the
speaker was Chinkee Tan. That time, I was really thinking of why I cannot save
money. I thought of attending the seminar since I have lots of questions in my
head about everything with regards to my finances.
·
Everyone needs to be financially literate. In
order for us to know how to manage and save money properly, we need to set our
priorities first before making major decisions. This includes forecasting of
our payables and liabilities versus the income you are making.
·
Save before spend. I realized I should save
money first before spending it. Save in the sense of investing on a business
that will have a sustainable amount for me to spend. Save by means of having an
insurance. This will not only cover your future but can be also an investment
for you and for your family.
·
Lastly, learn how to be financially capable. We
lost our car and my mother was not able to pay on-time her credit card bills
because we are not financially capable that time. With being financially
capable, we will be able to avoid unmanageable debts like those happened to us
before. Instead, invest, invest and invest.
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