Saving Money

One of the hardest thing a Filipino can do is saving money. It became hard for them because most of the time their expenses is more than what they are earning.

For example: Most of the Filipinos are earning less than 5,000 a month, yet they are spending more than 5,000 a month. In this case, they couldn't really save money, instead they're always short of money through debts and credit.

So, as the time passes by, most of the Filipinos have an increasing debts while having a hard time finding for their living.

Based on my experience, learning to save money is best if it started when they are still young. Parents should teach their children how to save money by keeping it in a piggy bank. While a child learns to keep money in a piggy bank, he also learns to value a money by not spending it in a not useful things.

Then while the children grow, parents should teach them how to set a side a money from their allowances or incomes. For example, if they are receiving 3,000 Pesos as their allowance in a month, then tell them to keep a portion of it as their emergency funds in which they can use it when they are in trouble.

Well, at first, it's hard to save money. But trying to do it everyday will lead them to a well-discipline life wherein they can control themselves in spending.

Experts always advise people by saying that to save money, you must avoid any spending which are not actually needed. In other words, you must spend you money just for your needs not for your wants.

For example, your mind told you to buy a dress. Now, think first and ask your self these questions:

1. Am I going to buy this dress because I need this?
2. When should I use this dress?
3. Is it for the church or just for casual activities?
4. Is there no other dress that I can use?

After examining yourself, and you found out that it is not really necessary to buy a dress as you wanted to, then just control yourself and don't ever spend money for it.

However, for example, you found out that you really need to buy a new dress that you can use in attending for a worship service because your old ones do not fit already then do it.

I have a friend who told me that he lost budget because of he forgot to include in his budget the payment for the gas, water and power.

Now, these three things are actually necessary in life. You really need to spend your money for it. Just imagine if you failed to pay for this, and these services will be cut off... Your life will become at mess.

So, to avoid any failure in budgeting, you need to consider saving money for these from your weekly income or monthly income. But you need not forget that you also need to save money for your emergency fund.

This emergency fund will be used for your emergency needs that includes, hospitalization and other similar spending.

So, if you are receiving monthly compensation. The first thing you do is save money for the emergency fund and for the necessary services and goods like the gas, water and power. After that, that will be the time you divide your money for the weeks of the month.

Now, let's take an example: Your monthly compensation is 6,000 Pesos. You can save 500 Pesos for your emergency fund.

If a tank of gas is usually emptied in three months. Then just divide the price of a tank of gas by three. For example, if your tank is 7kg and its price is 600 Pesos. So in a month, you need to save 200 Pesos for it.

For the water, you can save the amount a little more than the due before. For example, if last month you paid for the water services 200 Pesos, then save 250 Pesos.

The same is true in the power service. If your last month's due is 1,000 Pesos, then save 1,100 Pesos.

All in all, you need to save 2,050 or say just 2,000 Pesos out of your monthly income.

But since your monthly income is just 6,000 Pesos minus the saving which is 2,000 then you only have 4,000 Pesos for other needs. You divide it into four weeks so you'll only have 1,000 Pesos to be spend for every week.

Your spending must fit to only 1,000 in a week. You need to be tight in your spending. If possible you can still save few from it.

In that way, your family is safe from any emergency spending.

By the way, if you want to earn extra income, then why not try the way the Filipino Professional Tambay are doing.

Do it and see what will happen.

A Blog For A Living

People who found it hard to live in this world today, find ways on how they can find a living. It hurts when I saw people looking for food in the trash bin but that what they know so that they can survive.

But for those who have strong will, even if life is so hard these days, they still found better ways where in they have the chance to earn better income for their living.

That 's why I admire the blogger who created the Blog for A Living. By creating a blog and starting his journey in the online money making, I know he will succeed. What he need to do is to acquire more knowledge on this and then work hard with passion.

There are many people who became successful in blogging. Although the percentage of those who fail is high but still the number of those who became successful is high. Besides, the success depends on how the bloggers blog.

Most of those bloggers who fail are those who are lazy enough to blog. They just want to earn without doing anything.

Look at the number of those who are searching for make money easily. It's high. It's because majority of the people are lazy. They don't want to work. What they want is just sit and relax and wait for the money.

Financial Problem

The last time that the world suffer from economic problem was during the time of President Bush of the United States. The problem has been resolved by the Obama administration. But then again, another crisis has made us all suffer.

The countries that are actually the suppliers of oil and natural gas are having problem with their government when their people revolted for a change in government.

This problems have resulted to the rising oil and natural gas prices. Because of this, prices of the prime commodities increased as well.

People who are struggling are struggling more today. Where can they find for a living when companies are struggling, there is a tendency that they will slash the number of their employees.

Having Problem Blogging

It's been a long time since my last blogpost here. I was just having a problem with my schedule. I am kinda busy with my day-job that I have forgotten that I created blogs and that I need to update them for good.

You see, this days is very much hard. Gasoline and diesel prices goes up but our salary doesn't increase even just a cent.

Now, we're struggling finding ways we can earn money.

How about making money online?

I am actually trying to blog. I know some of the bloggers are already earning money from their blogs. But I also know that only 20 percent of the bloggers successfully earn money online and the rest failed. And I am one of those who failed.

I started these blog few years ago. I am already bit old in blogging. But I noticed that there are those who just started last year but they are already pocketing a thousand dollars a month.

I wonder what's their secret. What I just know is that I am a little bit lazy blogging. Besides, I am not yet familiar with other things related to blogging.

I read few materials but I just a little dumb for I couldn't digest immediately what I am reading. Or maybe I am just not familiar with the blogging and computer terms. That's why if I encountered things that are not familiar, my brain tends to do nothing.

Anyway, I just hope that I can really update this regularly.

Thank you for reading my thoughts.

Paalam Ka Erdie

Nagdalamhati po ang lahat ng mga kapatid sa Iglesia ni Cristo sa pagpanaw ng pinakamamahal na kapatid na Erdy na siyang kasalukuyang tagapamahalang pangkalahatan ng Iglesia ni Cristo.

Ayon sa opisyal na pahayag ng Iglesia, pumanaw ang Ka Erdy sa edad na 84 kahapon ng 3:53 ng hapon sa kanilang bahay. At ang sinasabing sanhi ng pagkamatay ay ang Cardiopulmonary Arrest.

Consolidate Credit Cards - Be Worry Free

We all wish to lead a life that promises complete financial freedom. Though, it is really hard to be totally free of debt, yet it is possible to a certain extent. It's true that our financial uncertainties like recession, family issues, medical problems, and others harm our financial stability and often land us in pits of debts.

We often fail to realize that are tightening their grip on us. By the time we actually get to know, it is already too late. But, do not worry as nowadays, a large number of consolidate credit cards are available in the market to help people who are looking for immediate ways to mend their financial freedom and status.

Mending Your Financial Credits

Further, the debt settlement plans help you get out of your debt by mending your credit in a short span of time. It helps you realize your financial dreams and offers a cheapest solution to get debt financial relief. Reducing your outstanding debts, it offers you may choices to improve your credit score through number of companies that offer genuine debt settlements to solve your debt related problems. But, before deciding upon any company, you should conduct a thorough research to know various parameters on the internet. This will definitely help in finding the most suitable deal for you.

• You must ensure that the company which you have selected should have economical fee structure.

• It should ask for debt settlement plans unless it starts debt settlement program with you.

• You must ask your queries.

• You must communicate your financial situation clearly.

• You must clear all our doubts related to financial debts.

• You must seek professional help to resolve all our financial worries.

• It must help you settle your debts without any hassle.

• No matter how miserable your financial situation is, a debt settlement must guarantee a financial liberty to you.

• Try to manage your debts.

• Assess your present financial situation.

• Understand how credit works.

• Try to get financial help from the reliable sources when you need it.

• Budget and cut costs.

• Avoid credit and debt mistakes.

• Know your credit report.

• It is important to have clean credit report.

• This will give you an opportunity to clean up any discrepancies or errors.

• Make your payments on time.

• Check how much debt you have as compared to your credit limits.

• Prompt payments are very important to relive your financial stress.

• Do not have too many credit accounts, if you really want to live a worry free or debt free life.

If you have credit history, it becomes difficult and frustrating to get consolidate credit debt relief. Thus, if you want to be worry free, try to go for consolidating your bills because it will help in avoiding multiple payments. It is typically a good idea in establishing credit that is just right for you. So, if you need to be debt free, opt for this now.

If you are looking for the ways to get maximum financial relief, then you should consider consolidate credit cards. Helping you manage your finances in a better way consolidate-bills.com helps you get consolidate credit debt relief fast.

The Effects of Shopping For a Loan on Your FICO Score

There are two ideas that come to mind that shopping for a loan will or will not hurt your FICO score. But which is right? The answer is they are both right for their own reasons.

10% of the FICO score calculation is your credit inquiries and an inquiry is a review of your credit report. The ones taken into account in the FICO score calculation is when you apply for a new line of credit and a lender checks your credit report. Having too many of these in a short period of time can have a negative effect on your FICO score. So how could both answers correct?

The first and most important consideration is what type of loan are you seeking? Are you looking for a credit card, auto loan, personal loan, or mortgage?

When considering a mortgage, this is one of the single largest purchases a person will do throughout their life. Also, it will need to be paid over a long period of time with most mortgages being a 30 year term. So a frugal and smart consumer must shop around. This is the only way they will get the best deal on something they will be paying for a long period of time. This is realized by the people who developed the FICO score formula and therefore shopping for a mortgage will not hurt your FICO score. This does come with a limitation. You are only given a short period of time to shop of 30 days. If it is not completed in that period of time it will be considered another inquiry. This same consideration is also made for auto loans as this is a larger purchase and needs some shopping.

The type of loan that you are not given the ability to shop is when you apply for a new credit card. You have to select one and not apply for several. Each credit card application submitted will be considered an individual inquiry. The idea with a credit card is that you know the terms before you apply. Also, there is little or no negotiation with the application.

So you must remember it is ok to shop for a loan on those large purchases, but do not do out and apply for ten new credit cards. This will not fare well in calculation of your FICO score.

To read more about the FICO score calculation visit William's website. There you will find more great information on how to get an excellent credit score