I'm so happy that I get to blog more often these days. I'd say I've pretty much adjusted well enough and managed my time wisely. I just want to prove to myself that I can be a supermom, I can be overworked, but still get the chance to do something I love doing. :)
Anyway, I've been meaning to seriously consider saving money for the future, not just for me but also for my son, and our family. My savings account suddenly dried up during the first few months after giving birth since we really had to buy a lot of things for Reiko.
I landed into Bianca G's blog earlier and found this interesting post she has way back 2008. She mentioned in her post that she learned five tips to stay financially stable. This was when she watched Suze Orman who was the guest in Oprah that time.
1. Make sure you have a safe savings account. I have yet to reopen my savings account.
2. Pay off your credit card debt. I don't have a credit card but I'm thinking of getting one but I don't think that'll help for now.
3. Have health and life insurance. This, I have to decide on.
4. Invest in a retirement plan. I hope I can live up to this, but yes, I'll research it first.
5. Stop spending more than you can afford. Definitely doable!
True enough, they're basic and they make sense. This is exactly what I need. Starting next payday, I'm going to commit myself in saving 20% of my pay and deposit it in my bank account.
So there you go, at least I have a contingency plan in writing. Hope this works! Yay! :)
2 comments:
go go rea! really, the first thing to financial discipline is to pay off all your debts. and then, save first before spending. this is something we should all learn especially since we're getting old. let's go! :))
yes let's do this! haha.
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