The only thing that needs to be positive this year is your thinking. Set clear goals and try your best to work on them. Kahit sa usaping pera. Learn to be smarter with your finances and focus on more important things. Redirect your mindset about money. At least, hindi ka masi-stress kapag may hinarap kang financial challenges later on.
Paano nga ba maging “money-wais” during a pandemic? Here are some tips to improve your spending and saving habits:
Come up with a reasonable budget and stick to it. Reassess your current expenses. Make a list of those that you need to prioritize and identify kung saan ka pwede magbawas o magtipid. Halimbawa, sa paggamit ng kuryente o tubig. To save on your utility bills make sure to turn off and unplug the appliances that are not in use. Sa paggu-grocery, maghanda rin ng detalyadong listahan ng kailangan mong bilhin. Don’t get easily swayed by sale items because you’ll just end up buying things that you don’t actually need. Hinay-hinay rin muna sa pag-ADD TO CART.
Sometimes, you also need to explore other options in order to find ways on how to cut down on your expenses. Mas mabuting magtipid na ngayon kaysa mag-suffer ka kung kailan nasa retiring age ka na.
Pay off your debt. Hangga’t kaya, huwag na munang gumamit ng credit card. You need to practice delayed gratification. Instead of purchasing via your credit card, give yourself time to think about it first. Compare prices so you can save up. Bilhin mo na lang kapag may cash ka na. Iwas-utang ka na, wala ka pang binabayarang interes. If you have existing loans, it helps to pay them on time to keep a good credit standing. Mas ok na mabayaran mo sila sa oras para hindi rin naiipon at nagkakapatung-patong.
Find ways to earn extra money. Think of small projects that can help generate cash. Make use of your skills and creative juices. Try online tutoring or put up your own online business. Sell unwanted stuff. You can even start vlogging if you have the knack for it. The objective is to create a platform where you can get additional income to help take care of the bills.
Open a savings account. Deposit money regularly into your savings account even in small amounts. Kahit 100 pesos lang yan, it can go a long way basta tuloy-tuloy lang.
Make insurance one of your top priorities. Better have it and not use it than need it and not have it. To ensure that you and your loved ones get proper care when you get sick and hospitalized, makatutulong ang pagkakaroon ng health insurance coverage. Sa panahon ngayon, very stressful ang pagkakasakit lalo na kung hindi ka handang harapin ito A good health insurance coverage provides daily financial assistance to help you even with your non-medical expenses.
Being good with money takes practice. You may not be used to planning ahead and managing your finances right now but making it part of your daily routine will help you achieve your goals easily. Disiplina lang ang kailangan. Let Paramount Direct help you as you #redirect your financial priorities in 2021. Mahirap sa simula, pero huwag kang matakot. Kaya yan.
Paramount Direct offers affordable insurance products that will help take care of you and the people that matter to you. Each product is specifically designed to cater to your needs. Visit us at www.paramountdirect.com.