Saving Money

How Discipline Can Help You Save Money

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More often than not, it’s always the disciplined people who achieve a lot of things.

Mark Zuckerberg, CEO and founder of Facebook, always announces his annual New Year’s Resolutions publicly and guess what? He manages to keep his resolutions, every single year.

Sylvia Plath, the award-winning author of the book The Bell Jar, made sure to wake up early every morning before her kids can wake up. She managed to finish all the poems of Ariel just a few months later, by solely writing in the morning.

July 16, 2018
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Budgeting Money

Does The Envelope Method Really Work?

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Many people struggle with budgeting.

And I have to agree– budgeting isn’t easy. First of all, it takes some time to properly allocate your money. How much is going to your food expenses? How about your transportation costs? You have to factor in all that before you can create a wise budget. On top of that, budgeting is actually just planning, so you need to be disciplined enough to actually follow through with that plan.

If you’re struggling with your budgeting, then great, you’re on the right post. Here’s one method that might work for you: the envelope method.

July 15, 2018
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Saving Money

5 Ways To Be More Frugal Everyday

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Are you frugal?

According to a study by the Bureau of Economic Analysis, Americans need around $40,000 a year in order to live comfortably. The minimum wage? Roughly $15,000.

In different parts of the world, this is no different.

In South Korea, for example, the average annual expense to live a comfortable life is roughly $16,800. The minimum wage? Around $14,400. A bit better than the US.

In the Philippines, meanwhile, to have a comfortable life as a single person, you have to spend around $9,000 a year. The minimum wage? A pitiful $3,200.”|

It’s getting harder and harder to save money in this high-consumption world, but that’s why it’s more important than ever to be frugal.

Here are some simple tips that can help you be more frugal in your everyday life.

July 13, 2018
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Budgeting Money

How To Budget Your Money Wisely

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Have you ever made a budget before?

No?

But have you ever tried allocating your allowance or salary for many different things, and then try your hardest to stay within those boundaries that you set?

If yes, then congratulations, you’ve experienced budgeting before.

The thing is, just budgeting simply isn’t enough. Especially if you’re still just a student, or if you’re an adult but you’re living paycheck-to-paycheck, simple budgeting just won’t cut it if you want to live a life free from most everyday financial woes.

What you need is wise budgeting.

July 12, 2018
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