The price of everything has gone up, when you go to the mall, the least you can spend is like one thousand pesos so you could somehow enjoy. Even if you’re just at home, you never notice that you’re spending money. People are always trying to save money, especially with today’s economy.
For those who are earning minimum wage, it is really required to set budget for everything. For those who earn more than minimum wage like in Philippines call center, it is still not an excuse to spend so much especially in not so important matters. For those who are lucky to be earning more than enough, saving money is still important.
Saving money doesn’t have to be hard. There are practical ways to save money. One of which is to spend less. For inbound or outbound call center agents, buying coffee at Starbucks is not always necessary. Another way is to establish a personal budget; you will instantly see your incoming and outgoings once you create your budget. Each payday, get into the habit of putting an amount, however small into your savings.
You could start by saving a very small fixed amount each time and then move to putting in larger amounts once you begin to save money from your other money saving strategies. Sure while the money is rolling in you can afford to do anything that you want, but what happens when it stops? If you have no money saved up and your fired you still need to pay your bills. When you save money you are better prepared for emergencies and are better equipped to take advantage of more opportunities that may come your way.