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3 New Things I’m Doing This Year

It’s so hot! Just a week ago, there wasn’t a single day with no rain. Right now, it’s too hot to function. Why?!

But rain or shine, we will push to blog hahaha so I’m writing right now in our hot living room. Anyway, I digress. The year is still young and this time is the best time to reflect, plan, and introspect. During my period of planning and introspection (which lasted for about a couple of hours lol), I realised that there are three exciting new things that I’m doing this year, and I would like to share them with you!

1. The 52-Week Challenge

Personal planner savings tracker insert

Did backbreaking work for this – everything is handwritten! I’m proud of it though.

I first heard of the 52-week challenge in 2015. Although I found it interesting, and although I was always planning to join, I never had the chance to do it. I always end up doing another thing or not saving money at all (which was the case last year).

Because I saved virtually nothing last year, I resolved to join this challenge and be serious about it. Right now, it’s only the third week and I’ve been using this cute container as my temporary coin bank, but it already feels good!

2. The Happiness Box

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Money Matters

3 Investing Tips Every WAHM Should Know

3 Investing Tips Every WAHM Should Know

Hey everyone! I’ve been talking about homeschooling lately (because it is school season, after all), but today, let’s talk about something that we should talk about all year round: money.

When it comes to handling the family budget, it’s usually left to the woman of the house to juggle the finances. Apparently, there’s a scientific reason why females handle the family’s money rather than men. Research featured by CNN Money said that women investors perform better than men, but they lack confidence when it comes to investing and planning for retirement.

Why so? Well, they invest wisely. However, their conservative thinking in terms of wealth has also led to many women, particularly stay-at-home moms, with less money to invest in their future or retirement. Here’s a post dedicated to wonderful WAHMs out there on how they can invest without putting too much pressure on the family’s finances.

1. Assess and set your financial goals

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Money Matters

Financial Wisdom, Come Back to Me!

I’ve been a bad money manager.

I used to write regular posts about financial wisdom, saving and investing in my old blog (if you’re interested in reading them, here’s my old Finance Friday series). To be fair, I am still very much interested in learning about the proper way to manage personal finances.

Then life happens.

When I had a full-time job (still homebased but very different from my previous long-term freelancing gig), I was suddenly thrust into a fortnightly payment scheme. What a vast difference from my old once-a-month pay!

And, get this: regular pay. Haha I know this sounds weird to people who have always held regular paying jobs, but for someone who used to get paid on a per-essay basis (read: no essay/work, no pay), this was a welcome change.

12501900_1526209297672918_1631079742_n-1024x768So I got used to life with a regular salary every two weeks. And then I got comfortable — too comfortable. Before, because I couldn’t predict how much work I’ll get in a month, and because I receive my salary only at the beginning of the month, I needed to be careful with how I spend the money. I create budgets, follow them strictly, and even set some aside for an emergency fund and a retirement fund. Looking back, I was wise with money.

But now, not that there’s anything wrong with being paid regularly and on a fortnightly basis (in fact, I am very thankful for it!), it seems as if I forgot the values that made me financially wise before. I can spend everything I receive in one fortnight — down to the last peso — without fear because I know it’s only a short matter of time before I receive another pay. I could live from paycheck to paycheck because I needn’t worry about the immediate future.

What a dangerous mindset to have.

This year, I’m making the conscious decision to commit to growing my financial wisdom again. Here are the specific steps I plan on doing:

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Money Matters

10 Tips for Mums on a Budget

10 Tips for Mums on a Budget
This is a guest post from PawnHero.ph.

There are times when no matter how much we work and no matter how much we save, we just can’t seem to have enough money. Our family’s expenses just keep growing. What’s a mum to do?

During these tough times, mums like us need to think creatively to stay within our budget. We can save a lot of money just by thinking out of the box and doing things differently.

Here are some tips that may help you out.

10. Borrow Instead of Buy

Whenever someone in our family needs something, our first instinct may be to buy it. But before you do, think hard if you really need to buy it or not. If the item is something that you need for the long term, it might make more sense to buy it. However, if it’s something that will only be used for a while, such as books for example, just borrow it from someone else and return it after you’re done using it.

9. Go for Value

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