For many people, money is one of the top stress-causing factors in their lives. However, fear not, as we’ve got you covered. Follow these simple tips to kickstart your journey towards a successful saving habit and take control of your financial future.
❶The 40-60 Method. 40% savings and 60% expenses. It doesn’t always have to be in 40-60, it may be 20-80 or whatever sharing fits your family budget well. This is a guide for one to set aside a saving on every paycheck and only spend within their means. You worked hard for the money; keep some of it!!
❷ Cut Back on Expenses. It often starts at home. Initially, transitioning to a less costly and all-in-one home cable and internet connection provider, and opting for a lower mobile phone plan are significant steps. Additionally, reducing your grocery bills can make a substantial impact. Make a list of your discretionary expenses, such as dining out, gourmet coffee, buying new clothes, and unnecessary drives. These seemingly small adjustments to your routine can add up to big savings over time.
❸ Put Extra Cash into a Jar. Instead of letting change accrue at the bottom of your purse, in your pockets or at the kitchen counter; toss it inside a large jar. Turn it into a game by starting a needed competitive motivation with everyone in your household. It may seem insignificant but you may be surprised by how much you can save altogether.
❹ Set a Saving Goal. If you’re the type who could not control spending every ounce of bonuses as soon as it gets into your bank accounts, start-up a valuable and high-yield investment. Check out Chateau de Paz Subdivision’s all-in light and flexible housing payment options which you can start for as low as ₱20,500/month. Setting a savings goal with returns will motivate you to manage your finances, whether for a small investment or a home downpayment.
❺ Make Saving a Habit. Set a phone calendar reminder or sticky note to cue you to save money. While it may take a month or two to focus on a constant reminder to save, once a habit is built it is one that will pay off for the years to come.
Know more details on saving up for your
Chateau de Paz Home, visit us at 2nd Floor Fortune Bldg. 2 CPG Tagbilaran City Bohol.
Reach us through the following
(032) 422 – 8501 or (+63) 919 640 9911 for a FREE tour at one of our Model House.
Email us at chateaudepaz@gmail.com. Visit our website at www.chateaudepaz.com
Panglao, Bohol, Philippines
Panglao, Bohol, Philippines
