charmed life♥

It's the beginning of the year again... and it's almost one month down.  Here is another way of saving money - The Invisible P50.00 challenge.  Maybe you have heard about this before.  I started doing this in 2018 and I find it fun and of course helpful.  Part of this invisible challenge helped me during the pandemic.  Last year 2022, I was able to save P16,200.00.  Well I know it's kinda small but it's okay than nothing at all.  I don't really put P50.00 per day on  this Ipon Challenge (but you can do that too).  What I do is if I get a crisp P50.00 I don't spend it and I just put it in my orange box even if I get P400.00 (in a day) I put them all there.  I have this small wallet in my bag and every time I get a P50.00 bill (change) I place it there and transfer it to the box when I get home.  I don't really pressure myself with this challenge, but if you do this P50.00 ipon every day you will get P18,250.00 (P50.00 x 365 days)...

Source: Google There are a lot of learnings that happened during this quarantine.  Maybe one of the positive things that  Covid-19 has taught everyone : having an emergency fund.  When I started working I admit, I buy anything and everything that I wanted.  (A new phone every year, clothes and bags etc).   But 5 years after I realized that I need to save so I opened my savings account in China Bank (this is not actually my first, I had a Banco Filipino Happy Saver's Club account before).  This is where I started saving money from my salary.  Saving P500.00 to P1,000.00 per payday, is not that bad, right?! From that time I realized the importance of being frugal.  Though I still buy things that fascinates me but I think about it first 1 million times before splurging. (hihi)  As time goes by I wanted to grow my money more I tried researching for different ways, like investing my money, getting mutual funds and etc.  I also tried the ...