Every time I receive my salary, I always make it a point that I sit down and do my budgeting. I have plastic envelopes where I segregate my income to different expenses. I follow a certain ratio where my money should go. Every peso counts as I really value my hard-earned money. I have budget for things that are considered needs, wants and for my future expenses.
I prioritize saving first because I want to save and invest for my future. What I do is I save first and the remaining amount of my money goes to expenses and other leisure activities. I also do other sources of income so that I have extra money to use for continuous increase of prices of goods and services here in the Philippines. I hope you also do budgeting properly so that you can achieve your financial goals in the future.
Thank you for reading my blog.
Archie Yuki
Financial Adviser
