charmed life♥

source: Google One the hardest financial milestone is making your first P100,000.00.  Slow progress on the early stages of saving but when you get used to it, you will realize that you should have started it years back.   It will be hard to start especially nowadays when the inflation is high, all the commodities are expensive as well as the utilities.  To achieve this you should be focus on the goal : increase your income, maintain regular savings rate.  (Save now, "Luho" later). source: Google Here are some start up tips: Start an Emergency Fund : I have already discussed this few years ago.  How to start or set it up.   Emergency Fund -What it is or how to set it up?  (click in the link). Pay off high-interest Debt :  Eliminate your debt, this includes your credit card debt.  It's okay to use a credit card, but make sure you pay it all up in full on it's due date so it  will not earn interest. Keep cost of living low :...

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)...