Did you know that besides an emergency fund, there’s what you also call a “rainy day fund”? Here’s an article I wrote for coins.ph on what is it all about and how important having a “rainy day fund” is. Read on below. [tcb-script async=”” src=”https://assets.tumblr.com/post.js”][/tcb-script] Here’s the 2nd-part of the article. Happy saving!
One day, I came across TGFI’s facebook video post about the 52-week money challenge. This reminded me of a similar saving technique I read in a blog post by Kuripot Pinay almost a year ago. I didn’t pay attention to this money challenge because I’ve been doing my own 10-20-70 money-saving strategy ever since I … Read more
What does it mean to pay yourself first? Savings is a prerequisite of investing. To save money, you have to “pay yourself first.” For high income people, saving isn’t a problem. But for the middle and poor class, saving can be a daunting task. How would you invest money when you can’t even save money? … Read more
Yesterday, my girlfriend and I were having this conversation about her friend who wants to buy a coffee shake at Starbucks that costs somewhere around PHP 150.00. She insisted that her friend shouldn’t buy that expensive coffee but instead buy that same coffee shake somewhere where the price is more affordable so that whatever money … Read more