5 Personal Saving Tips for Pinoy

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5 PERSONAL SAVING TIPS FOR PINOYS
By Money Max
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Pinoys love spending, but its uncertain if we
also love saving. If you want a more secure
financial arrangement for the future, you should
definitely start saving now. If you dont know
how, here are a few tips to help you get started
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1) Admit that You Need to Save Firs things first
acknowledge the fact that youre spending more
than what youre supposed to. Youre spending
your hard-earned money for things you dont even
need. Once youve accepted the fact that your
spending habits are eventually going to lead you
into a downward spiral of debt or bankruptcy, and
that you should do everything in your power to
stop it, then youre taking a step in the right
direction. 
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2) Forget the Rich and Famous Its not a bad
thing to have famous people you look up to.
Unfortunately, these idols may influence your
buying decisions (every Filipino knows there are
certain faces in the industry that constantly
compel you to buy products and services they
advertise).
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3) Think Long Term Right now, youve got to think
of the future. This means you need to think BIG.
Youve got to be ready with sudden changes that
may happen to your life. What if you suddenly
lose your job? What if a member of your family
gets sick? Your savings will ease the burden of
these unexpected misfortunes.
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4) Use Public Transportation When youre squeezed
in between people in the MRT or just stuck in
traffic while youre in a jeep or bus, sometimes
you cant help but wonder how nice it would be to
have your own ride. Youd no longer have to wait
for the bus or FX and youd get home faster.
Right?
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5) Enjoy the Little Things How many times have
you heard this advice? Many times, probably, but
have you ever applied this to your
spending? Pinoys love to go out of the house and
spend their weekends (or for some, even weekdays)
going out with friends and family. Pinoys love to
have fun, and they know it. However, regular
trips to the mall (or anywhere else), lead to
impulsive shopping. For example, what seems to be
a harmless food-trip around Binondo or Pasig
could result in a huge bill that costs as much as
eating in a lavish restaurant.
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SOURCE http//www.moneymax.ph/