Tag Archives: save money

LED Bulbs

LED lights can help you save money

We all know how important indoor lighting is to our daily lives. Indoor lighting is essential but most of us do not pay much attention to the costs associated with them.

Most homes here still use the traditional light bulbs which adds up to our electricity bills cost.

Aside from the upfront cost of buying a tube light or bulb, you should also take into account the cost that it will incur while using it. Most people dont know that Lighting accounts for 20% to 30% of your electrical bill.

Here are some of the brightest ways to save on lighting costs.

Turn the lights off when not in use. If you do not need it dont turn on the lights especially if you have ample natural light (sunlight).

During daytime, you dont need that much light.

Maximize the use of natural light especially during daytime. Natural light is the best source of light and will help you save on energy. Place reading tables near windows and put skylights in other working areas.

Use the right kind of lighting over desks, beds, and other work areas. Choosing the right kind of lighting can help you save money. For example you do not need to use higher wattage lighting if you are just going to read on your table or you can opt to use natural light by reading besides a window. Use low wattage light bulbs in areas that do not need strong lighting.

Keep lights clean. People usually neglect cleaning their lighting. Dirt can lessen your lighting illumination by as much as 50% and poor lighting can affect your work efficiency. If takes you longer to finish a task longer due to poor lighting then it wwould men that you will also consume more electricy thus highest electric bill.

Switch to LEDs. Replace incandescent bulbs with LED lights (Light-Emitting Diodes). Although they cost more than incandescent bulbs and compact fluorescent lamps (CFLs), you save 87% on energy costs vs. incandescent bulbs and 50% vs. CFLs. LEDs also last 5 to 10 times longer.

Akari LED bulbs

Philips LED daylight bulbs

Ways to save money

Ways to Save Money

It’s difficult to save money but everyone wants to save and reach their financial goals. What we have below are the ways from successful persons who actually save money by doing these simple steps. All we need is discipline to save, Yes! you heard it right discipline will help you to save more, start to stop tricking yourself and start saving a lot. You can use the extra cash to funding your emergency fund, to pay your debt or to start investing in mutual funds or place it on stocks.

3 Ways to Save Money

Every Coin is Important

Ways to Save Money

Start by saving every coin you received. The story of Janeth also called the “Barya Quen” will inspire you to save your coins. From coins to tuition fee, do you know that Janeth saved a total of P45,000 in 3 months just by saving 5 pesos for her daughter’s tuition fee?

How is that possible? What’s her secret? She saved all her five and ten pesos coins she got from her sari-sari store. Yes, it’s possible with self-discipline, she’s determined to save for her daughter’s tuition and she reached her financial goal.

52-Week Money Challenge

52-Week Money Challenge

This news had been viral in social media and lot of Filipinos are inspired and start doing it. The story of Rheca Morroc also known as the “Kuripot Pinay” do the 52-week money challenged and managed to save over P60,000! So what is the 52 Week Challenge? It’s saving in pesos increments weekly. How does it work? If you decide to save 50 pesos in your first week, what you need to do is to double the money in the next week, total of P100, then by the third week, you need to triple the amount, do it incrementally, and you can be like Rheca who consistently saved and reached finish her 52 week money challenged.

P50 money saving Challenge

P50 money saving Challenge

A girl named Netizen Yona Abella make the social media her way to saved money. What’s her technique? She was able to save 846 pieces of P50 pesos in just 5 months. Yona said that she treats all her P50 bills as invisible. “For example nag bayad ka ng buong 500 pesos then ang sinukli sayo 4 na 50’s , yung 4pcs na 50’s dapat invisible sakin hindi ko siya pwedeng gastusin,” she stated on her post.

A lot of netizens have been inspired with Yona’s accomplishment, in her way of saving money.

Whether money saving challenge you will try what’s  important is for you to develop the habit of saving. Once you get the hang of it, you will surely be  successful on whatever money saving challenge you will take.

So, are you up for the challenge? Tell us what you think by leaving a comment below. If you’ll ask me when is the time to save money? Now it is!

 

Financial Goals for First Time Workers

2017 Financial Goals for First Time Workers

Are you a Fresh Graduate, or starting a new job this coming 2017? Then this article is for you! Know your do’s and don’t once you started earning money. We sum up below goals that will help you aim your dreams or wishes this 2017. Financial goals require regular saving or investments for a long period of time, you can start by following the tips below.

Financial Goals for First Time Workers

1. Save for Emergencies

You didn’t know what time or day would you spend more of your money. Better start saving your money now for unexpected expenses that will occur in your life. Life is full of surprises, today you have lots of money tomorrow it can be gone. That’s why we need to be prepared in handling emergency situations and building your emergency fund is a must!

2. Set your Budget

Once you received your first salary on your first job, avoid wasting it in unnecessary things, remember that it’s important to have goals or a plan first on your expenses monthly. Set your budget! You can list down all your expenses monthly and to know how much do you need before your next salary. Save first before spending. In this way, you’ll have the plan on how much money you’ll spend. Read our previous posts below to help you in budgeting your hard earned money!

3. Create your Personal Bank Account

Having your personal bank account is important because you will have own access to your money when you need it. You don’t need to bring a lot of cash, plus having a peace of mind and security that your cash won’t get stolen or lost. Check out the different savings account and compare them first before you open an account.

4. Get the Insurance you need

At an early age, taking care of your health and be prepared in any circumstances that will occur is very important. Research, or ask your friends to come up with the best insurance that will fit your needs. Even if you’re young, and healthy you’ll never know what would happen, so make sure to avail one. One more reason why you should get an insurance while you are young is because insurance premiums are usually lower compared to when you reach your 30’s, 40′ and so on.

How to Save Money when Buying Gifts for Holidays?

Christmas is coming, now is the right time to save  budget. To help you save money on holiday gifts, read the post below and know the great ways follow the tips below.

Christmas-Holiday

1. Start planning

Before do shopping online or in the malls, take the time to think your spending plan for the Christmas holidays. Start creating a list of those who would you buy and how much would you spend for that person. It’s better to create your list than putting out money for less or more gifts. Keep in mind to save early to spread the cost.

2. Set a budget

Begin your budget by listing how much the estimated amount you needed in buying presents, allocate the amount for each person in your list. Include the other expenses like food, gifts, decorations, travel, and other things you do during Christmas. By creating your budget you will know how much you need to save for in time before Christmas day. You can also try to set up a money jar system to budget your money.

3. Took advantage of offers online

There are a bunch of offers online that offers discounts and promo. This is a great opportunity to save money, this benefit will be great for you to save money on buying gifts. Check the top social media sites like Facebook and Twitter, where you can be updated with the latest trends that you can afford.

4. Create a Shopping List

Don’t go without a list of the items you needed for Christmas. This will prevent
impulse buying, where in you can avoid shopping in advance or a sudden impulse. Have an allotted money to make sure everything’s good and stick to it, with this, you can assure yourself to relax and have a wonderful time in your Christmas shopping.

5. Make homemade gifts

Creating homemade gifts is one of the great ways to save money this Christmas. There are a lot of options to do like baking cakes, creating Christmas cards, crafting, instead of buying presents. Keep in mind your future plans to have plenty time to create gifts. Search to find ideas online in making your own homemade gift now!

Gardening at Home Without a Backyard!

Part of me being a frugal is finding means to lessen my expenses. One of the ways I find really interesting, joyful to do and rewarding is gardening. I don’t have a backyard and I only plant on pots at the rooftop where it can get most of the sunlight.  I’m not also an experienced gardener and these are all from seeds of the veggies and fruits we’ve eaten. Thanks to the internet too because of the endless information about gardening.

Little did I know that after almost a year (on and off) since I started, I’m slowly building an edible garden on top of my concrete house. And I don’t have plans of stopping anytime soon despite of the small space. Currently, I have Calamansi, Papaya, Kamatis (tomato), Talong (eggplant),  Bell Pepper and Ampalaya (bitter gourd).

Gardening does not only help you in saving money, it also gives you the freshest harvests and a therapeutic way to spend your free time.

My roofop edible garden

My roofop edible garden



Eggplant on pot

Eggplant on pot



ripened tomatoes

Ripened tomatoes on pot



Ampalaya (Bitter Gourd) on square pots

Ampalaya (Bitter Gourd) on square pots