Skip to main content

Control Your Spending

Curb, control or budget your spending should be included in your watch out list so you know where your money goes to. It's absurd you complain that your salary is not enough and you wonder where your money went.

I already mentioned many times in my previous posts that you should learn how to pay yourself first before other people. In that way, you accumulate money that you don't need at the moment which could be served as savings, emergency fund or perhaps cash to use in investing (be it time deposit, mutual fund, UITF or stocks).

If you learn to control your spending and only spend on things that are on your well-planned list, you probably save a lot of money. Imagine, if every day you buy a can of soda (out of your habit) that costs 30 pesos. If you multiply it by 30 days, it sums up to 900 pesos a month. And you will be shocked upon learning that a can of soda a day for a year is a big 10,800 pesos. That is a huge amount that can be used instead in buying more important things. Besides, I'm a health conscious advocate and I don't want your health to suffer and put into danger. I don't want you to either sacrifice your cravings or dictate what's good for your life. As a general rule, if you pay yourself first (save a portion of your money after receiving your income), then you're good to go. The remaining money is all yours and can be spent on your bills every month, luxuries you longed for and the list goes on.

Don't just believe that if you have a bigger income, your life will be good as well. Yes, you can buy whatever your heart desires but come to think of it, you'll get into more debts. Also, most of the people who work in a corporate world, as soon as their salary increases, their kind of lifestyle increases as well. But if you know how to manage, budget and invest your money (don't forget to spend only on needed things and not on unnecessary stuff), then I assure you of acquiring big money in your pockets or bank accounts.

I hope you like my today's post.

Lastly, if you want to receive more tips and advice on making money at home, please consider subscribing to Learn to Earn Money Online, thank you.


Popular posts from this blog

Learn How To Make Money Online

I'm sure you type this phrase in Google, Yahoo and Bing many times. That's why I list here some of my ways to make money online. Start making blog or a simple site regardless if it's free or not Study what Adsense is all about since it's one of the platforms where you can earn money If you have extra money, you should consider getting a professional domain that is to your preference and liking Write useful, unique and exciting content Promote your work using sites you're already a member of (Facebook, Twitter and Google+) Find another ways to monetize your site like text-link ads (I recommend Infolinks or Kontera as I already tried it) And last but not the least, being affiliate marketer and promote products that are aligned to the niche of your site or blog. It's not easy to make money online but if you're determined to make it happen, you will do everything. You will try stuff like SEO (Search Engine Optimization) and study all aspects of inte

Avoid Sticking To Unproductive People

Actually, this stuff I am about to share can be good or bad. It depends on where you get influence from. If the influence can help you achieve your goals, then that is good and vice versa if it can only lead you to misfortune. Anyway, I would like to put here the paragraph I read somewhere. I hope it makes sense to you. Avoid sticking to people who have hobbies of collecting stuff which are too much expensive. In the end, you'll be like them through the influence or the process.

My Top 3 Payment Processors For Freelancers

I had experiences in freelancing and I know your number 1 question is how you get your payment from your clients. Below are 3 Payment Processors that I recommend to use: PayPal Skrill Payoneer I use PayPal as my online wallet when doing transactions online. I can use it to pay for goods I buy online, send money to other PayPal users and accept money from clients and other people. As for Skrill , I recently use it since one of the sites I use stops using PayPal. My experience with them is good so far. I used their sending and accepting services and it worked perfectly fine.