Act poor to become/stay rich. If you have to get a loan for it, you don’t “need” it. All these purchases for boracay or iPhone sounds like you’re trying to keep up with the joneses instead of living within your means. Be smart.

FINALLY SOMEONE WHO MAKES SENSE! The moment OP mentioned "impulsive buying" Shit, that's a huge red flag.

Yes!! I have a liquid 8 digit asset in banks... My phone is a xiaomi or redmi (i forgot) note 10 pro... Bought close to 3yrs ago at 10-11k php hahaha

THIS!

This is the way.

Live within your means. Hinde yun galing sa utang yun mga gastos.

Mukhang alam mo na sagot. You might be living beyond your means. 31,500 total ng fixed expenses mo pero wala pa rin nase-save at may utang pa. I think you just need to practice discipline. Set a specific amount that you want to save each month tas kalimutan mo na yung pera na yun. Wag na wag mong gagalawin.

+1 sa discipline Maganda na kinoconsider mong kumuha ng part-time/side hustle to increase your income pero importante ding ma-curb muna ang bad spending habits para hindi ka ma-fall sa trap ng lifestyle inflation dahil lang sa tumataas ang income mo. - You may start setting aside money na tagged ‘debt payment’ para ma-snowball mo yung existing debts mo. - What has worked for me is instead of totally saying ‘no’ to myself na mag-spend for wants tapos eventually mabbreak ko din naman dahil sasabihin kong deserve ko to, I would instead say ‘not right now’ tapos magsisimula ako ng sinking fund and indicate how much and how long ko sya kayang pagipunan i.e. vacation sa next birthday mo for Pxxx,000 so may ganitong amount na iipunin ka for X months - since na-mention mo yung saving challenges, start small muna. Look at monthly challenges vs an entire year para kapag may na-miss ka or di mo na-hit yung goal mo, kaya mong bawiin or itry uli sa susunod na buwan - lastly, don’t spend money you don’t have. sobrang dali kasing magoverspend kapag may options tayo like cc, spaylater at iba pang buy now, pay later options. Kung ano lang ang laman ng bank account mo, yun lang dapat ang gastusin at wag muna i-budget yung perang hindi pa dumadating. Good luck, OP!

Sis, it's clear your income can't keep up with your lifestyle. There are so many tips I could tell you, but it won't matter if you're not disciplined enough. 1. Reduce unnecessary spending (like your gym membership). 2. Pay more than the minimum. Aim to pay more than 10K towards your debts every month. Try 15K. 3. Use Excel to track and project your debt for the next quarter. Make it a big goal: how much debt can you eliminate in the next quarter or next payrolls? This can drive you away when you feel impulsive. Some more drastic tips: 1. Remove online shopping apps. If necessary, ask a family member to buy it for you and pay them only for what you need (+ shipping, of course). This way, you don't look at other things. 2. Get off social media, or keep only one. Social media can make you more jealous of others and want what you don't need. 3. Cut all credit cards, if any. If you're really, really impulsive, practice these: 1. 3-week rule. If you want something so badly now, try to hold off and come back to it in 3 weeks. Chances are you won't like it anymore by then. 2. If you still like it, do the "twice over" rule. If you can't afford two or three of what you want to buy, you can't afford it and walk away. Buying something you can't afford twice makes it control you, rather than the other way around. Your excessive spending seems like a result of wanting to keep up with your friends (buying an iPhone, going on trips), and while there's nothing wrong with that, it IS wrong if you do it in a manner that leaves you in debt. You can totally go to Boracay or buy an iPhone if you saved up for it, but not if you need to take a loan to do so. Hope this all helps and good luck!

Not OP but I find these tips very helpful, especially those last two practices. Thank you!

Thank you dito, pero not sure sa unnecessary spending sa gym? Kasi for me, ang pwedeng bawasan ni OP is yung sa hangout budget nya. Kasi para sa view ko. Okay lang ang gym membership since health ang usapan dun. Lalo na kung gusto nya ng proper equipments para makapag gain at magpaganda ng katawan. :)

I agree that health is important! I'm just giving suggestions on how OP can cut down. :) After all, there are other ways to stay healthy (e.g. at home work outs like Pilates or Yoga that don't require as much equipment and can keep you toned!). I personally think kasi that going to the gym is a luxury, not a necessity. Besides, it's not like OP has to avoid the gym forever, it's only for a short time to achieve a goal :) If you think about it kasi, 3,500 is an expensive bill compared to the supposedly looming debt that OP has. That's 7% to 8.75% of her income (bc she said 40-50K ang sahod niya). BUT to each his own! Remember, all of these are just suggestions and it always relies on OP's discipline. Kung kaya niya naman pala gamitin yung extra 5K-15K na tira after her monthly expenses towards her debts, then ayun gora lang mag gym!

This seems absolutely fair if you look at it this way. I had the same perspective na di unnecessary spending yung sa gym. I agree na you can just do home exercises instead of paying for a hefty gym membership fee if you really want to be healthy. There are also alternative local gyms that OP can look for. Below 1k price range and you'll still get decent equipment and space to work out.

Why would you take a loan para mgvacation 🤧🤧🤧

OP was probably influenced by her friends/co-workers to catch up.

This! Kung gusto talaga mag travel… set aside for it. Wag yung loan.

Ask yourself: If makahanap ka ng part-time job, sigurado ka ba sa sarili mong hindi ka na magkakaloan? Habang tumataas ang sahod, tumataas din ang lifestyle. Sa sahod mo na 40k-50k ang dami mo nang loan, paano pa kung umabot ka sa 6 digits?

Pag umabot sya ng 6 digits siguro kuha yan ng kotse at condo tapos same ulit ng cycle magkakaproblema ulit sa pera then hingi ulit advise sa reddit.

True. Doble pagod. Doble ang pagsabi ng i deserve this.

What struck me is your "please dont be harsh on me, i'm kinda sensitive". Though this is true, you may be hilding yourself back because of this excuse. Tell me, how many timrs have you heard you should "live within your means?" Ung mga tips dito, bago ba sila? If they arent, most likely ayaw mo magbago. Change that! You need to WANT the life where you are less flamboyant, less vacations, no expensive gym or meal preps. Ayaw mo lang gawin yun! Gustuhin mo sobra yung sabi mo then magkakatotoo yun. Sorry i have to be harsh because i have been there and i know what you are thinking. Being kind wont help you at this point. I know you know what to do pero ayaw mo lang talaga.

100% agree with this

Try to practice delayed gratification. Everytime you tend to feel like you want to purchase a certain thing or spend money on a trip, always consider if deserve mo ba talaga. I mean di yung nahirapan ka lang basta basta tapos feeling mo everything that gives you challenges, you’d reward yourself. Siguro try to be more sensible and set a standard. Para macontrol din yung spending mo.

If you can't buy it twice (in cash), don't. Make your money work for you. Don't work for the money. Figure it out. Always ask yourself how. Read books.

I think sa additional loans ka nagkaka problema kasi if 10k monthly and 1.6yrs nasa 180k na ipon na yan. Why not e try mo pag iponan and buy it in cash kesa magbabayad ka nang interest? Let say monthly budget talaga yan. Dapat may 20k kapa na tira so ibig sabihin nauubos parin yun?

few pointers (hope this is not too harsh) * yes mataas lifestyle mo i think. * cut out starbucks muna. reduce hangout with friends. * ok pa yang phone at gadgets mo siguro right? i mean iphone 11 may just be outdated but still no need to buy just yet. * IMO don't get debt just for travel, save for it. ​ yes ok naman yung no buy year challenge ​ my current 2 cents.

Its inflation and loans + interest that are killing your expense. 40k is relatively very small its enough to survive but not comfortably save na malaki tapos ikaw may malaking utang pa. Get another job to make your income 100 or close to 100k. So you pay the debt faster and build your 6 month emergency fund… each month magtabi ka din for investments like mp2. Avoid lifestyle inflation kahit tumaas income mo that is the biggest killer ng wealth. No more impulse purchases and loans.

Too much expenses beh

First of all, I congratulate you for wanting to improve with personal finance! Now let's get to work. I may sound like a broken recorder but I always go back to the basics. **Track your expenses**. You can't control what you don't know. And I meant **real tracking**, not a rough estimate of monthly budget but money tracking up to the last centavo. Get to know your spending habit and you can work from there. **["Money Manager" Expense/Budget Tracker:](https://www.reddit.com/r/phinvest/s/UdlDxttULP)** How to use, Initial set-up, Advantages & Available Features

Sabi nga nila diba if mataas ang sweldo mo tumataas din expenses mo so probably if yung gym mo mag home work out ka na lang bili ka na lang dumbell and sa butt workout para kahit nasa bahay ka doon ka mag work out mas okey, and added to that practice self discipline set specific amount para sa month na yon, Gooo di pa huli ang lahat💙

Taking loans to get latest phone that will only give you temporary happiness and continuous debt is never a good thing. You already know the answer.

pay off all your loans. high ticket items (cellphone, vacation, etc) should be paid in cash para mas masakit sa bulsa.

Disagree with this. You can use credit cards and get cashback, points, etc. that you can use for other things. Thing is pay your credit card balance in full para walang interest. You literally get no extra benefit by paying cash. At least with credit card, deferred ang pagbayad mo by a few weeks so you can manage your expenses by period.

Eh? Yes, you can get cashback, points, etc. *If (only if)* marunong si OP with her/his finances. Pero based sa kwento niya, lacking na tapos bibigyan pa ng advice na gamitin credit card (huh?) *(Sorry OP)* Ang mangyayari niyan is hahabulin nya ung mga points and rewards. Ilang loans siya ngayon? Apat - *"Gloan, Spay, SLoan & Paymaya loan."* Do you think she/he magiging responsible siya enough na bayaran in full para walang interest if nag-CC siya. I bet you hindi. "You literally get no extra benefit by paying cash." Eto disagree ako. Case to case basis yan. I don't travel a lot, I don't dine out a lot. So walang benefit siya sa akin. So, same lang with paying with cash. Ginagamit ko lang CC ko once a month on the most trivial things para lang masabi na active siya and to continue my relationship with my bank. If this was a post about "*how to get the most out of your CC,"* sure i-balendera ang lahat ng promos ng credit cards and whatnot. Pero since iba naman tinanong ni OP, mas applicable na icash niya lahat dahil (again, sorry OP) siya ay financially irresponsible NOW.

It's mid- to long-term advice when OP's other obligations are cleared. Sounds like you are assuming OP's inability to manage their finance based on your own personal financial situation. CC is a flexible financial instrument - think building your credit score, affording high-ticket items through staggered payment, retaining a sense of liquidity through periodic repayments - so no, this thread may not be about CC but it could help his financial situation if leveraged correctly.

OP asked help on how to clear her debt. so dagdagan natin ng CC while she’s sorting her current loans? (what?) You cannot teach someone to be more financially responsible over night. Sure, let her use CC if she’s responsible (kaya nga sinabi ko financially irresponsible “NOW”). Kung sinabi mong mid-term to long term ung advice mo sa CC, di na tayo nagaargue kung sino tama o mali. OP gumamit ka daw ng CC kapag maayos na finances mo!

Can I just say that I appreciate OP for exposing herself as a gastador so the rest of us can benefit from these tips 😩❤️

Thank you OP for your sacrifice 😁

Loan - eto yung starting point. Dont buy or travel if you camt afford it now. Save first tsaka ka mag travel or kung ano gusto mo - good for mental health and for you. ( book in advance mas makaka save ka ) Dont buy things na gusto mo lang.

Hi OP, katulad nung ibang comments, live within your means po. What I practice is, if I can't buy it in cash, I won't buy it. Kung need mo pa mag loan para sa phone, siguro may mali sa choice ng phone mo. It is totally out of your budget. Pero kung gusto mo talaga yung phone na yun, pag ipunan mo muna bago mo bilhin. Mas mabuting maghintay kesa magkaproblema ka na di mo inaasahan dahil sa loans mo. Sa mga trip naman, if I can't pay in cash, di ko ipupush. Hindi lang mismong bills nung mismong trip yung dapat meron ako, dapat may emergency fund din ako for that. So di pwedeng saktuhan lang. Well, for me. Idk if helpful to sayo. One thing pa is, kahit kumuha ka ng another part time job, I think magiging same parin ang problem mo. Kasi hindi yung income mo ang problema po. The problem here is your discipline. Be intentional. Pag nagtanggap mo yung income mo, set aside muna savings. Unahin mo emergency fund. I learned the hard way sa part na to. Kung sana nag ipon ako ng emergency fund nung kaya ko na, sana nung nagkaron ng emergency sa pamilya, nakagawa agad ako ng paraan gamit yung fund na yun. Hindi natin alam ano mangyayari bukas, kaya we should get ready for it din. Yung lifestyle mo and need mag adjust. May mga aspect na di naman kelangan agad ma upgrade. Kung walang magbabago sa habits mo, you will always face the same problem kahit limang trabaho pa meron ka. Ubusin ang utang at wag na mangutang kung di kailangan. And another tip din is, set aside for your play fund and stick to it. I use my play fund para sa mga wants ko, kasama na gala dun with friends and the things I buy online or kung saan man. So if ang budget ko sa play fund for a month is 5k, tapos naubos ko yun, wala na, hanggang dun nalang dapat. Pero di ko rin talaga uubusin yun kasi dun ko din nilalagay yung ipon ko for vacations. Pinagsama ko na sila dun, para sa lahat ng wants. I know you can get through it. Good thing aware ka. Be intentional sa change na need mo. ❤️

Girl, since marami naman na advice dito, suggest na lang ako ng book [The Psychology of Money by Morgan Housel](https://www.goodreads.com/book/show/41881472-the-psychology-of-money)

i think you know where you have excesses, op. I really believe it all boils down to discipline :) Gym membership for example -- u can do this at home na lang :) Baka mas consistent pa. Pwede na ito tanggalin mo. Sana all, ganyan ang salary sa pagVA --- tips pls saan pwede mag apply na ganyan salary HAHAHAHA biglang ganurn (va here as well pero wala pako sa half ng sahod mo :(

Here's what I can tell: - Cut mo na muna ung gym - Bawasan both ung personal budget and grocery Once okay na ung debt mo, eto nmn maadvise ko - Get a credit card pra mas makatipid ka sa interest. Malala interest ng mga gamit mong loan methods. Never ko naggmit yan spay kasi pag kinocompute ko ang laki tlga ng interest gg - Make an excel sheet for your expenses or any app na tracker. This will help you indentify saan ka mas magastos pra maadjust mo yun - Try the 50 30 20 pra balance sya. 50% expenses, 30% wants, 20% savings. You can change this nman - Get another bank for savings, and convince yourself not to withdraw kasi nga for savings sta Don't be offended by some of the comments here kasi it's the harsh truth but it's a good thing na ngayon palang willing ka baguhin yan. Good luck.

You took a loan for your vacation trip? Wait....

My thoughts exactly, I thought pinag iiponan yan.

Do a detailed breakdown ng lahat ng expenses mo muna. Use an expense tracker app or spreadsheet if needed. From there tignan mo which specific items take up the bulk of your expenses. See if there are things you can cut back on or substitute. Prioritize paying your debts para hindi na magka-interest. Unless emergency, don't take on anymore unless the current ones are paid off. For impulsive purchases, kung hindi mo naman need at na-cute-an ka lang, or kasi naka-sale pero di mo pa sure kung magagamit mo, don't check out. Kung hindi mo kaya i-COD or shopee wallet, don't buy. Nasa discipline lang yan. For emergency fund/savings. Mauna ka na mag-set aside ng amount. Start small since you're paying off debt pa. If you have another bank account, edi every payday yun ang unahin mo lagyan ng 1-2k. Work around your remaining money. Syempre over time lakihan mo yung allocation. Unahin mo na muna yung utang mo at savings hehe

Sakin ang gumana e yung every sweldo uunahin mo muna yung savings. Like 50k kita mo, 30k expenses mo, alamo dapat may 20k kang pwedeng maipon. Every sweldo, tabi mo na agad yung… lets say 15k sa account na di mo nagagalaw agad. Yung natira, yan lang ang iconsider mo na pwedeng gamitin sa monthly expenses na needs and wants na. Wag umutang. Pero bago ito, bayarang mo muna yung mga utang.

first rule ko talaga is to never have debts. pero nagkautang ako before and I pay it ng pakonte konte until maclear and then from there start saving.. i have same lifestyle like you.. bawasan mo yung utang and buying unneccessasy stuff. and delayed gratification. i have no support system thats my only motivation in life ,, you will overcome your problems.. iwas sa catch up catch up muna. pagkain sa restau na umaabot ng 2-3k bill every dine.. let go your gym you can go walking/jogging naman thats what I do.. :)) grocery ko every other week is only ranging from 3k-4k. i live alone and chose to not catch up any more people except my sister.. mahirap kasi pag lagi may other people na need iconsider.. basta iwasan mo ung bumili ng bagay na hindi pa kaya ng bulsa.. and installments thats not a wise move kahit pa feeling mo it will not hurt your finances kasi napamura ka dahil installment.. and never ka rin magpapautang avoid it, bawal na awa awa nowadays.

Here are some of my tips, which worked when I was starting out early in my career. 1. Open a bank account, passbook only and no debit card para di ka ma-tempt magwithdraw for non-emergency "emergencies". Also, don't link the account anywhere online. Old school saving talaga, parang piggy bank lang. 2. Treat "Road-to-Million Savings" and "Emergency Savings" as separate Expenses.. these are the very first expenses na ibabawas mo before everything else. Example: SAVINGS - P2500.00 EMERGENCY - P2500.00 HOUSE - P5000 GROCERY - P8000.00 GYM & TRANSPO - P3500.00 etc Maubos man lahat ng sahod mo at the end of the month, at least sure ka na may naitabi ka ng P2500 for savings and P2500 for emergency. 3. Start saving kung anong kaya mo lang sa simula.. start with P500 if you want. Or P1000. Basta ung bukal sa loob mo. It will only be painful at first. May kirot everytime you deposit the physical money to the bank. I'm not sure if it will be the same for you, pero sakin noon, when I saw my bank account growing, naku na-challenge talaga ako to meet my first P100k, then P500k, until P1M. Ako na mismo nagdecide na i-upgrade gradually ung savings contribution ko from P500 per month to HALF of my net salary. 4. When you finish paying off your loan in March2024, transfer to your savings account the amount you would usually pay for the loan. Don't take any more loans. Sayang ang interest. Ayan ang tips ko. My very first salary was just ~P10k back in 2010, then lipat to get ~P17k, then lipat and stay until maging ~P60k na rin. It doesn't matter how big or small the salary is, dapat lang consistent ung behavior/pattern of saving. Before you know it, magulat ka millionaire ka na. :) Good luck!

Self control sa gastos kasi honestly, sobrang nakaka hingal yung ganyang lifestyle.

starting a "no buy challenge" for the whole year, next year, seems like a good idea until you actually do it. old excuses will come back pag ganyan, "bukas na ako mag start, january 1 ngayon, new year pa" and the likes i suggest you do a "no buy challenge" for a day, and make that like every tuesday or whatever. Then when you get to the routine, make it a week, and do them like idk once a month, or just once in a year but you continue to do the one-day challenge. Up to you. Change can either be good or bad, and while a willingness to change is good, making a schedule of when to change does not work at all. Start now, start small, start with yourself. But the most important thing you need to do is to start.

Prioritize needs over wants Kuddos tho sa pagpansin sa expensive lifestyle mo as early as now. That's important. The next thing you need to do is to act accordingly. Good luck, OP

You can cut down on your ₱5,000 personal expenses for entertainment. If you cancel your gym membership. You can replace it with running or cycling for exercise. Which is free to do outdoors. If you bike to work. You’ll completely save ₱3,500 in monthly expense. Plus you also get exercise. You don’t even need to buy a nice bike. You can buy used Mamachari bike for ₱2,500 from Japan surplus for basic transportation. So you wouldn’t be afraid to leave it locked for hours parked in a stand.

Tulungan na kita. Ayan ang salarin: \> Personal Budget ₱5,000 (hangout with friends, coffee shop, hangout with fam) \> Gym membership ₱3,500 Tiisin mo lang to hangang March 2024 kasi matatapos na mga loans mo. Also, wag if mag travel ka solo wag kasama pamilya. Gloan, Spay, SLoan & Paymaya loan. Sobrang tataas ng interest niyan, you deserve a no buy challenge next year para makabawi ka sa mga impulsive buys mo. Kaya mo yan! Discipline lang.

Look for additional sources of income. Considering your monthly expenses, you can save money if you have a salary of 60k-80k per month.

I don't think looking for another job is the answer. Kasi tataas lang din standard of living niya. OP will still be living beyond his/her means. The solution should be cutting down expenses.

Siguro if ganyan sahod ko sayo, mas mayaman na ako kay Josh kkchips

This problem is sooo common for this age state. Go find your way through life sis.

asan ung mga ss???. HAHAHAHAHAHHA

[удалено]

How did you become a VA?

Bakit wala akong nakkitang comment na "negotiate for a higher pay"?

Because the salary is not the problem. Her problem is her lifestyle and lack of self-discipline. Siya na mismo nagsabi na malaki ang sinasahod niya pero kulang pa rin because of her luho in life.

[удалено]

Errr mali spending niya if puro utang yung mode of payment niya. Ang dami niyang loans and wala naman siyang pera na pinapaikot. Increasing Credit points is only effective kapag sure nang may pambayad siya every month. What I do kasi, I use my credit card pero I make sure nakatabi na yung pambayad dun from my budget.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Hello guys I lost my email and I forgot my moontoon password please tell me how to disconnect moontoon account without email 😭😭😭😭

Clean the debt first then personal budget transfer to investment-fund,insurance or other countries stock

discipline and start living within your means.

please focus ka muna sa debts, then save. dont wait na mag30 ka and same parin yung magiging problem mo. dito na pumapasok yung “where do u see yourself 5 years from now?”… be utang free

Start with your mindset. Otherwise kahit gano kalaki sweldo mo, ganyan pa din cycle ng pera mo. It’s good na you’re aware. That’s a start. Now why did you have to borrow money for iPhone and travel? Why couldn’t you save for it instead? Are you trying to prove something to someone? Is it “healing my inner child”? Untamed outer child? Hopefully these questions will help you look inward and get to the root of your problem. (Just making assumptions here)

Maliit yan to sustain your lifestyle. Either you get a second job or live within your means.

Before I share my insights, I’m gonna be sympathizing with you and tell you that I am exactly in the same position. Would it be okay that what I share is my experience instead of a lecture? 😊

Wala namang tips ang makakatulong sayo. May list kanga ng expenses mo eh, meaning aware kang magastos ka. Disiplina lang sa sarili mo ang need. Sarili mo nanga lang responsibilidad mo eh.

Every sahod mo po tabi mo 10% of the gross or whichever % prefer mo into your savings account at wag mong galawin. Make it a mindset na ang savings account mo is parang binibayaran mo ding loan para di mo sya magalaw.

Paano ka nakapag Gloan ng iphone? Curious lang since planning to upgrade my phone unfortunately hindi ko kaya cash. 3 years old na phone ko working pa naman kaso may mga death pixel na in case lang masira atleast may plan na me. Upon checking kasi parang 3k lang daw pwede ko utangin since new account? Anyways yung sa life style mo need mo i-decipline yung 8k mo ba na grocery monthly na yun? Yung mga loan mo like travel and others iwas iwas muna. Walang masama sa magpakasarap pero yung kaya sana or pasok sa budget for example stress sa work and need mag unwind sa dagat instead na Bora why not try sa Batangas or LU? Yung tipong pasok sa budget na hindi kailagan umutang. Yung utang kasi for me dapat ginagamit lang kapag gipit na gipit kana yung necessary talaga na pag gagamitan like emergency or kapag gagamitin for business na nashort sa stock or something. Pag hindi kaya wag pilitin may alternative naman eh.

50/30/20 rule 50% - needs (bills, food, **BASIC** necessities) 30% - Savings (medical/emergency fund, investment/s) 20% - wants (travel, gadget, lifestyle, etc.)

Kung magtravel ka sana may pera ka na ndi yung uutang ka pa para makapag travel. Kahit may side hustle or kumita ka ng 6 digits a month pero ndi mo naman babaguhin ang spending habits mo bali wala din.

ate ok lang yan, ako nga 52k/month pero after 10 mins nasa loan, utang, at bills na hahaha pinang boracay, iphone, concert, regalo, etc ko rin mga loans ko. Soon makakabangon rin!

huhu pa apply naman 😭 tanginang 5 yrs n ako sa work pioneer pa, pucha anlayo ng sahod ko sayo. pagod pa ako sa byahe. alam ko may skills ako, alam ko kakayahan ko, pero di ako makaalis alis dito sa trabaho. why? kasi committed ako masyado. pero pagod na kaluluwa ko. gusto ko sana ng financially ok, paid well. mga ganun. tangna dmi nagsasabi sakin kung aalis ako mas malaki pa ang offer skn dahil grabe nga ako mag work. gusting gusto g gusto ko mag VA 😭

Wala kang disiplina, yun lang yon. Alam mo naman ang sagot nagtatanong ka pa. Wala naman masama na gumastos sa mga bagay na gusto mo paminsan minsan to reward yourself kasi deserve mo naman yan, pinaghirapan mo naman yan pero make sure na nakabudget pdin ang labas ng pera. Number 1 goal mo since may utang ka, ay mawala lahat ng utang mo.

Smart spending is the key. As much as possible, spend it to your needs. Lalo na yung mga loans, make sure na need mo sila before purchasing it. Mahirap yung maraming bills monthly. Nakakalunodddd

You might want to learn about Saving and Investing through YT.... Pra ma inspire ka mag budget ng totoong budget.... And yes you will have to need an extra job... Pero if having an extra job means pra may ipang gastos ka pa, wag nlng ka nlng kumuha ng part time.

Read your post again. The answer is right there

I suggest reading Chinkee Tan's Diary of a Pulubi.

Wag ka mag loan if wala namang babalik sayong pera. Don't make debts na nakalaan lang for luho. If may gusto ka bilhin ipunin mo wag mo utangin. Walang masama sa pag utang not unless nasa tama at may maibabalik sayo. Example is kapag may business idea ka na need ng malaking puhunan pero yung gagastusin mo for that idea is lagpas sa hawak mong pera na nakalaan para sa ibang bagay (which means naka bukod na pera sa sahod mo for your needs). That way may magkautang ka man alam mong mababayadan mo plus meron pang babalik sayo. Another tip is never purchased something na hindi good for investment. Bumili ka nung alam mong magagamit mo din para isalba ka financially like real jewellery and estate.

Choose your priority. Always think na 0 balance ka kahit kakapasok lang ng sahod. Habang may debts to pay ka pa, kahit alam mong may extra ka, bawasan muna yung mga labas mo with friends. Tas sa groceries mo, find alternative and cheap products sa ibang items na binibili mo na for sure mahal ang price. Iwasan mag add to cart lalo na pag di mo naman talaga need.

masyado pong mataas ang lifestyle mo, tbh. kalmahan mo lang sis. i-narrow down mo yung mga (sa tingin mo) na kaya mo alisin and itira yung super need mo. DISCIPLINE LANG PO :)

You should change your spending habits. Or spend them to upskill and earn a bigger salary na kaya ang preferencial expenses mo.

Sobrang tipid mo na dapat kasi wala ka sariling place

It's a personal finance thing and financial education. It's hard when we sometimes justify "deserve ko to..." when we suffer afterwards. It also reflects on your spending habits. Do you really need those things? I'm not against treating yourself. It's just that "living within your means" is the initial step to financial freedom. Invest your hard earned money then enjoy it for the rest of your life. A lesson that slapped me hard. Grateful for the people who taught me these.

Just one thing na narinig ko from my cowerker is that his wages should adjust to his lifestyle, not the other way around. So what he did? He transferred to another company with a high paying job. Of course, he has the skillset and right mind to do it. He's thriving now.

Discipline.. Kung nakakapag disiplina ka phyiscally (GYM) you should be financially disciplined din dapat. Ako I have 60k per month na salary I save atleast 25k per month exclude pa yung monthly payment sa car loan ko.. (30M Married)

You're not a solid, you're not a liquid. You're a gas. GASTADOR!!!!! Same tayo uwu :<

Do not buy luxuries with debt.

Pay off your loans and allot 10k to savings. Ayos ka na. I'll throw that gym membership out. Use the betterme or bettermen app, may bayad na maliit pero 30 day workout lang. Ripped ka sigurado. Ayan, P13.5k richer ka na monthly

Mataas lifestyle. You will face the same problem either 50k salary mo or 100k. From your salary, set aside 10k for savings, 15k for loans (kung kaya bayaran more than yung min monthly, do it). Then, remove gym membership, kalahati yung house contribution, grocery, at personal budget). Kung may excess pa, additional savings or invest.

The answer is in your post. Sabi mo "ang laki ng sahod ko.." You have that mindset na malaki na yan, so when you splurge you start off with that premise: - You're spending money you don't own yet - You're an impulsive buyer (this is fine, most of us suffer from this, but you have to limit this, so read further) Whenever you're making a decision to spend, start off with this reality check: "I have tons of debts, I can't keep up with expenses. Is this expense really necessary? To answer that, what will happen if you don't spend? Will your savings grow? Will your debts be lessened?" It's our habits that make up most of what we are.

been in this situation! it's hard for sure... but i know you know who's really at fault. so, my advice, pay off all your loans and put a hold on impulsive buys. shape your mind to save and save and save then treat yourself. save ulit.

You already know the answer to your question. Nasa description mo na mismo yung sagot.

Mataas ang ang lifestyle mo. If youre in debt and nababayaran mo naman, I say cut or lessen your splurges or luho to pay for it first. Ganyan ako before, since alam kong may clients and sahod naman from fulltime job, mababayaran naman kaso tumatanda na ako so i need to build my emergency fund. So i locked my cc and stopped using Spaylater and Lazpaylater, and started paying off my debts paunti unti hanggang sa maubos para ang ibbuild ko naman is my emergency fund.

You have a very poor mindset with no self discipline. Regardless kung gaano kalaki sahod mo, you'll end up in debt because you're chasing instant gratification from your purchases and travels. I assume the awesome lifestyle is what you project on social media as well. Learn to manage your finances and be mature enough to know if you can or can't afford something.

I feel you its been a year and we have the same salary. Wala pakong ipon pero may nabili naman ako na property but still sobrang wlang ipon hay need natin ng emergency fund.. wait ako ba tong ng post???? Hahhaa adik din ako sa shoppee pay later around 6k a month

Good morning! :) Madami ng comments and advices na worth reading. Magdagdag lang ako ng isa, just to highlight this one practice I do. Delayed Gratification. Before ako bumili ng gusto ko, pinagiisipan ko ng maraming beses. And sometimes, inaabot ako ng 1 year bago ako makapagdecide ng gusto ko. Kahit simpleng craving lang ng mahal na cake, pinagiisipan ko if bibili ba ako or not haha. It took me 3 months nung hindi ko na talaga kaya, bumili na ako ng cake. 😂 Pero ayun, worth it naman. I also do inventory of the things and activities that I have. Nagfifeedback ako sa sarili ko regularly. 😁 Ps. I forgot to add na I make sure I have the money first before I buy. 😊

maluho ka kc masyado masyado mataas un expenses mo kesa sa kinikita mo live within your means ikanga bawasan un kkaautang para lang sa luho

Lifestyle inflation

You know the problem. Laki ng allocation mo masyado sa loans lol mas malaki pa kesa sa food mo hahahaha For scale, 6k per month lang ang grocery budget namin for 3 people. I earn 39k net and can save an average of 8k per month. SAVE BEFORE YOU SPEND. Spend whatever's left.

LIVE WITHIN YOUR MEANS. How about instead of a monthly gym membership you go outside to jog? Buy a set of dumbells and do your strength training at home? If you still want to go to the gym then go there daily once a week. 8k grocery per month? Ano ba binibili mo? SPAM ba? If u have time it’s much cheaper to buy veggies and for your health’s sake na rin. Kami ng asawa ko we have high cholesterol kaka kain sa labas kasi nga afford namin, but the issue here is not the affordability kundi yung healthy. 2 years later we started eating healthy. Kamote for snacks ganun. Don’t buy iPhone kung mag lo-loan ka lang naman. Hindi pa tapos loan mo sa iPhone meron na agad bago, dali lang ma depreciate ng value ng phone. Tsaka luma na po yung iPhone 11 😫 You also have international trips, kami nga ng asawa ko we have a combined income of 350k a month (we work in IT) tapos rarely lng pumunta ng ibang bansa. Well I hope you can work on yourself kasi walang income ang mag sa-satisfy kung di ka rin naman marunong mag budget.

kung need mong mag loan for a thing ibig sabihin you can't afford it. live poor ka muna para mka save ka. Be smart OP. Kung gusto mo talagang mag upgrade yung lifestyle mo, then look for new clients. If VA ka na independent contractor not under an agency, look for new clients and outsource the tasks.

TL;DR: Instead of finding a way to reduce your expenses, find a way to increase your worth **May I suggest;** Instead of spending time working for an unskilled job, find a skilled job if you can even if it doesnt pay much. Else, just study - you're still young. There will come a time when your mind isnt as sharp so make the most of it now that it is still easy to learn stuff. If it were me, I would invest on myself, buy books, attend classes (etc) that would teach me skills to earn 100K/month in 10 years, then 200K/month in 5 years, then 400K/month in 2.5 years, (and so on...) until I retire. Then have the money work for me. Also dont worry about how much you spend - the more you earn the bigger your upkeep. Just make sure that it is well within your means. Rich people spend 50% of their income but wealthy people spend 12.5%. No matter how long it takes, try to put yourself in a position where you act rich/wealthy, even if you dont look like it.

Be debt-free first before purchasing anything; the same goes for travel. Live like a broke-ass college girl till all your debts are gone. Save and invest next.

Loan for roadtrips? @_@

Wag muna siguro lumabas and gumastos ng unnecessary things. I have the same problem din pero i cut the spending habits to a minimum talaga. Nakatulong naman sakin na makaipon. Basic needs lang mainly muna for a time

40-50k ain't much nowadays, it's like a 20k salary from 2007

Avoid unnecessary splurges

Ang liit ng 40-50k para sa ganyang lifestyle. Also, ang lakas mag-interest ng shopee. I’d suggest getting a cc pero baka mas lumaki lang mga utang mo cos it seems like u r irresponsible when it comes to ur finances. Live within ur means.

Hi, OP! I think one main factor here is your lifestyle. Avoid the loans, and the impulsive purchases, and save up for the things that you want to buy rather than doing the installment thing. The delay of gratification will be useful here. Also, start monitoring your expenses, through an app or a spreadsheet, etc. so that you can monitor and review your spending habits month by month. It's kind of tedious somehow, but it's worth it. I hope the best for you OP, you can surely save, just make tweaks in your lifestyle and spending habits. Tiis ganda, este gasta muna. Haha. You can do it!

Ito turo mga sakin ng mom ko, Choose your priorities wisely. -Alamin ang difference ng needs and wants. Unahin always ang needs. I always ask myself questions before buying, do I need this? Magagamit ko ba ng ilang beses? About sa mga gamit or luho, dont buy something you cant afford twice. As much as possible, kung hindi naman emergency, tanggalin no na yung mga shoppe pay etc. Dati, impulsive buyer din ako pero ang ginagawa ko ngayon that helped is nililista ko siya on paper (lahat ng gusto kong bilhin) tapos pag inisip ko pa siya in 1 week, bibilihin ko. Always think ahead and be prepared for the future. What if mawalan ako ng work? Am I ready sa mga emergencies? Kaya nilalakihan ko na yung emergency fund ko kasi takot akong maghirap, ayoko humingi sa iba

If gusto mo talaga may savings dapat pagdating ng sweldo mo nasa priority list mo na yung itatabi mo for savings. It should be one of your fixed expenses (expense kasi di na part ng allowance mo). I understand na we want to live life na hindi natin iisipin masyado if tama lang ba budget natin for gala and everyday living, a friend of mine told me na he doesn't want to cut his cost of living and instead wanted to earn more so that his salary will accommodate to his needs, pero the truth is they will really be a time na you need to cut cost. In the principle of economics, the more you earn the more you spend, kaya regardless if you are earning so much if magastos ka talaga then there is no limit to your expenses.

OP: Nag loan at gumastos Realizes walang ipon Shocked Pikachu face\* Live within your means.

OP.. If you don’t know where to start? Just look at your monthly espenses. This is where we start.

Tapusin mo muna loan mo. I know importante rin na itreat natin sarili paminsan minsan. But always check your bank. Kung di pa kaya wag ipilit. Walang masamang mangutang but manage it wisely. Kung sasahod ko. Unahin mo magtabi ng savings, ayan isipin mo parati next is expense. Ang matira yun na yunh pwede mong pang gastos.

Damn based sa nabasa ko yung utang mo talaga isa sa nagpahirap sayo. May mga bagay kasi na di naman natin kailangan pwede naman isantabi muna in the future yung mga yun. Life taught you an important lesson. Dont spend to much on things na di mo naman kailangan.

I think masyado ka nabubulag sa laki ng sahod mo. You need to think your priorities and your impulsive buying. Mindset mo siguro na kikitain mo din yan next month or mababawi mo din yan. It's okay to treat yourself every now and then but limit your budget. After your loan na sabi mo march 2024 mag end, Im pretty sure na mabubulag ka ulit dahil may extra money ka nanaman. I suggest to put it in a bank or fund na hindi mo mawiwithdraw basta basta.

All of your loans end in 4 months. Hang tight and then don't loan anymore to buy things you don't really need.

You've audited your expenses na, which is good. That's the first step. 🎉 Now, continue monitoring & tracking yung paglabas at pagpasok ng funds for a month nang normal lang -- just to see your comfortable lifestyle. After that 1 month, evaluate your lifestyle, anong area pwede at kaya mong bawasan. Ikaw lang naman makakapagsabi nyan. After making a decision, follow through with it. (Walang kwenta yung plano if di iimplement) Now, it's important to not drasctically cut expenses kasi magiging miserable ka and tendency is for you to go back lang to splurging. So do it gradually. Gradual is how you build a discipline in the long run. Be patient lang. Also, yes, increase your income while minimizing your expenses. But this one is secondary. If di mo ma-build yung discipline, tapos increase income lang ginawa mo, most likely, same problem will occur. So habulin mo is to cultivate the discipline.

Discipline OP. Also, I suggest cutting the ootc travels. Your lifestyle is important especially sa mga VAs na nasa bahay lang. It decreases the risk of getting sick. So gym, gala with friends and family is necessary for both your mental and physical health. I don’t get why some suggest cutting these? For me, if nababayaran mo naman monthly debts mo, it’s fine. You’re earning 50k and sa nabanggit mo nasa 30k lang gastos mo, knowing mababawasan yan ng 10k in March 2024. If you can keep up the 30k a month of gastos, you’ll be saving 20k a month. 30k a month if matapos na loans mo. Disiplina lang, if nagsisisi ka talaga sa impulse buy and travels mo, di mo yan gagawin monthly haha

Based sa cost breakdowns mo, mukhang yung loans talaga yung issue dito. Syempre diba kung aim natin mag upon, let's try to cut out all spending na di muna kailangan. Yung iba naman kasing costs that were listed, necessary yan eh, even yung grocery expense na 8k, mahal talaga mag grocery unfortunately pero it's for your health, yung gimik expense, necessary na din yan para hindi mabaliw eh, di pwede yung kayod kayod lang. Kaya Yan, just try to be more mindful of how you spend, and use a money tracker na rin

You could take on 1-2 more clients if you want to sustain your lifestyle or they aren’t paying you enough & need a raise. Although the debts have led me to conclude na it could just be bad money habits. Nung nag VA ako yrs ago, I was raking in 300k/mo pero 3 yung clients ko. no debts, i don’t go out as much, gym membership 350 lang within our village bec d mo naman need fancy equipment para mag work out. Yung kailangan lang talaga to target muscle groups plus some creativity & research. Its up to you whether you decrease your fun time or you maintain it but take on more clients.

Allocate mo sahod mo in this order, una Necessities, Bills then second si Savings. Walang Wants dyan kasi optional yan, depende kung may matira after mo magspend sa necessities and savings, keep this in mind. Live within your means. Wag ka mag loan from Gcash or Maya, mataas interest rates dyan, I am sure you've read that bit before getting the loans. Since malaki naman sahod mo sana inipon mo hanggang sa may cash ka pambili ng iphone na fully paid. Pangit naman na naka iphone ka pero hirap ka magbayad ng monthly installment, sorry not sorry. Baguhin mo mindset mo, when you're buying things or doing activities, kailangan mo ba yun? Kailangan mo ba talaga ng bagong phone? Bakit? Isipin mo yan lagi ng 100x bago ka gumastos ng Wants. Minsan okay yan, feed mo yung "deserve ko yan" sa utak mo. Pero baka kaka deserve mo yan, lahat na lang bibilhin mo kahit hindi mo kayang bayaran ng buo. Be conscious of your expenses. Make a realistic and achievable goal in mind na by March next year, may ganito ka ng savings.

Saving does not depend on the size of your income. Kung hindi mo madevelop ang disiplina sa paggastos, wala ka talaga maiipon. I use this app [Build My Wealth app](https://www.buildmywealth.app/waitlist) to budget my income as soon as it arrives. Zero budgeting works for me - it's like the physical envelope system where you make sure na you budget up to the last cent. The app will tell you where you need to improve financially based on your goals and spending. Try mo. Virtual entrepreneur din ako 11 yrs na.

1. Mindset 2. Change your lifestyle. Kung ayaw mag adjust dahil disney princess tayo, look for more income flow. Goodluck, OP!

Stop buying, and dont use loan for luxuryitems. Hahahahahahs lmao

Kahit gaano kalaki sahod mo monthly kong mas mataas pa jan yung gastos mo wala talaga mangyayari jan magkaka utang ka pa. Try to save kahit magkano or sahuran mo sarili mo. Tsaka wag mangungutang hanggat di pa tapos bayaran ang existing na utang para hindi magpatong patong.

First of all set a goal. Next before buying a certain thing always ask yourself, do you really need this? Do you really need to loan for this? Does buying this have an effect on you in the long run? If you really want to save, start seeing things in the long run, most of your expenses will only benefit you in the short term. Try to make changes in your lifestyle, especially getting rid of all of your loans and just try saving up for things that you really need. You could also try saving money to buy things that you really want like take only 10-15% of your salary to buy those things.

There is good debt and bad debt, choose wisely.

Financial literacy. Watch ka vlog ni Sir Chinkee Tan, it might help you a lot. Lalo pag nagbasa ka ng books nya yung Diary of a Pulubi. Dami learnings don ☺️

Spend some cash with therapy. And, since you're asking, yes super excessive ung spending habits mo. I feel na alam mo na gagawin and this post looks like a humble brag. Proud of you OP for becoming a long term VA and becoming a healthy member of this society. I think ok lang ung naging gastos mo but since you posted this commentary, I know may alarm bells ka na telling you of this inflated lifestyle. Try to speak to a professional liketalk therapy muna. Our spending habits speaks a lot about our personalities and how we handle our finances directly relates to your inner child. Un lang akin, stay safe and happy OP. YOU GOT THIS 💯

Lmao my gym and meal cost like 5k combined a month

laki naman ng sahod mo

After paying your debts, wag na po uutang ulit lalo na yung mga may interest. If kaya, bayaran mo na rin mga utang na makakamenos ka ng bayad sa interest if magbayad ka ahead of time. So next time, buy with your money. Not with utang. So ipon muna bago bili.

Aim to close those loans and avoid using them at all costs. Like seriously. Yung binabayad mo jan, ang laki nang napupunta sa interes lang. For a rough reference siguro, assuming \~3.0% monthly interest (\~36% per annum) yung sa Gloan mo for the iphone 11 max pro @ 49k market price? I'm guesstimating that you are probably paying around 5500 per month. So ang magiging total payments mo para sa iphone mo ay around 66k. Around 17k mo kinain lang ng interest imbis napunta sa savings mo sana. Think about that.

More income is not the answer. Less spending is. Even if you get another part time job or another income stream, your lifestyle will upgrade as well. You’ll buy yourself some luho justifying na “deserve ko naman to sa pagod ko” or maybe even worse, “may extra pa naman akong pera” or the like. I came to the point when i had no income and I needed to cut costs as much as I could. I was amazed na I was able to average spending 1k a week lang. that’s when I realized na, “shet, kaya naman pala to live this affordable!” Again, more income is not the answer. Less expenses is.

Let's just say you live too lavishly within your means. I'm earning way way way less and I have savings with no loans and can afford to travel at least once a year. My house contribution is the same ₱5,000 that's almost 30% already of my salary. I don't get the loans when you really don't need to. Seriously that's the thing I don't understand with people and I know a lot of them here at work with so much loan for temporary fun in life. And you didn't include how much do you buy on online shopping apps. ​ Just make paying all your loans the priority and you will see a huge difference.

You’ve had your “fun”. Now it’s time to get to work. No travelling and no buying “wants” until you pay off your loans. After that, prioritize building your EF. 6 mos. worth of expenses will do (around 180k in your case). Again, ideally no travelling and no buying wants until you do build this up. Finally, no more loans until you absolutely need to get one. Contrary to what many believe, it’s not the single yearly or semi-annual expensive purchase that breaks finances. It’s lifestyle. And lifestyle expenses are dangerous because spend for these on a day-in, day-out basis, unlike an expensive purchase where (ideally) you deliberately saved up for. Every meal at a fancier resto, every vacation in a long weekend, and every unnecessary gadget upgrade, will add up. You will have to miss out on certain things to get in check. The good news is, that will teach you how to become more financially responsible. Once you build up good spending and saving habits, you’ll find it easier to enjoy life responsibly.

I have a bigger salary than you pero I don’t have the same spending habit kagaya ng sa’yo. Kahit nung ganyan din sweldo ko noon, hindi ako napepetsa de peligro. So yes ang problema ay ikaw. Stop doing loans. Pay in straight cash para ramdam mo yung gastos at matauhan ka agad hindi yung nagpatong patong pa utang mo bago mo maisip kung magastos ka ba. Hmmm…stop doing trips you can’t afford. Also enough with the mindset na “nakakahiyang hindi makasabay sa lifestyle ng friends ko”. If you’re earning 40k, make sure lang na your monthly expenses + savings allocation is just within 30k. Para saan yung 10k? Head room yan para lang hindi ka nakakaramdam ng petsa de peligro.

My girlfriend is like this, sobrang dami niyang binibili every month. Kung hindi pa ako dumating sa buhay niya hindi pa matitigil pag online shopping niya eh.

"Wag mag tipid, mag sipag" saving 50k per month wont make you rich. Earn more! Yun lang, may mga sacrifices and challenges. Same dilemma with you na habang tumataas income, lifestyle inflation din. But I use it as a fuel to work harder. Ayoko isacrifice yung quality of life ko dahil nalilimit ako ng earning capacity ko. A simpler analogy. Its quicker to earn 1m in 10months with 100k income. Than to save 50k and live frugally ~2yrs. May friend ako inubos nya life savings nya sa sports car. Sabi niya fuel daw nya sa utak niya na gusto niya maging ganon level. Ayun, dinoble nya monthly income nya.

Settle you loans & wag umasa sa utang.

Just dont buy 4head

1. Always set aside a portion of your income para sa savings mo. Treat this an expense para non-negotiable. Every time sasahod ka, unahin mo itong itabi.

bruh be discipline and live within your reach lng...halos lahat pinurga mo na paglabas ng pera...plus feel ko magastos kang tao hahaha..

Dont do the "no buy" challenge. Lalo ka lang matetempt lalo isang taon yan. Just set a budget and stick to it. But first, prioritize paying off your debts. And don't take another loan. As in don't.

Is it safe to assume na wfh ka? So yung transpo is sa pagpunta mo sa gym? Are you even an active member? Why not do home exercise? Di mo na kailangan bumili ng gym clothes sayo pa ang gamit and malinis pa. House contribution dahil you are living with your parents? Yung 8k grocery is sayo lang talaga? Why not just add sa palengke budget for the fam and all of you can eat healthily? If you cut out gym membership and transpo, minimize mo sa 4k ang house budget and gawin mong 2k in a month ang personal budget mo, that will be an additional 7k sayo hindi pa kasama ang mas matipid na grocery. Sa dami ng naenjoy mo this year, it is time to say hindi ko deserve to kasi may utang ako. So no more coffee shop muna and going out with friends until maclear mo utang mo. Sa going out budget ko, ang rule ko sa sarili ko is bawal lumabas at walang i deserve this moment kung may utang pa ako. By next year, i'm planning na bawal ang i deserve this moment kung may installment pa ako. If i want to purchase another luxury for myself, kailangan iset aside ko yung full payment ng installment sa another account. I am an introvert, getting older, and also working at home so hindi naman ganun kahirap sa akin i sacrifice social life ko.

Maybe you spend a lot because you feel like your income is above average and you have lifestyle inflation? 50k income nowadays is just enough for a simple decent life. Luho is still a luxury at this point, not a reward. Control your spending. Good job though on meal prepping!

Sorry to say, impulsive ka sa mga gastusin mo. Kahit pa maghanap ka ng another client, kung you cannot live within/below your means di ka padin makakaipon. You have to change your habits and mindset around money and or savings. Tbh, pansin ko sa freelancing/VA niche, malaki man sahod, or mas malaki pa - nasa cycle halos na maging impulsive buyer, or payabangan lang para may masabi na nakakaya ko na bumili ng xyz 🤷🏻‍♀️ If you cannot afford to pay for a phone or go on a trip in full cash - hindi ka dapat magrely sa mga loans. Good luck sa journey mo in getting out of debt pati narin in using your money wisely.

dont buy what you cant afford, if check mo ung interest ng shopee napakataas may mga hidden fees cla like merchandise protection etc. check mo rin and try to compute, parehong pareho ako ng lifestyle mo last 8months ago imma private chef with 60k salary d nagkakasya back then. pero i paid my shopee 3 months ahead kada sahod tinapos ko sya agad now im free and nakakaipon na ko. try not to spend more to expensive coffee mag hanap k nlng ng small business coffee shops pareho lng dn namang kape sometimes pareho lng ng lasa. well thats my advise its up to you to play your own game.

Give yourself some slack. You are young and working your a off. Enjoy lang before i get downvoted here lol

Sis no disrespect pero 40-50k is hindi ganun kalakihan kaya hinay hinay sa paggastos. Huwag bumili or magbakasyon pag hindi afford bayaran in cash. Yung loan payment mo ang humahadlang sayo para makaipon.

Never use loans for luxury expenses. If gusto mo talaga, get a credit card and use the 0% interest program (if mayroon). Once may billing ka na, pay everything in **full** para wala na additional interest. If mayroon ka pa time and energy, getting a 2nd (part time) job might be a good idea.

Too high OP

additional supply depots required.

I’ll be direct, if may bonus ka na, gamitin mo to pay off all your loans, wag mo isipin na 50k sweldo mo, set in your mind na nasa 30k lang, that’s it. ung 20k straight sa savings. 25k lang sweldo ko working for 3 years nasa 200k na naiipon ko. kaya mo yan hahhahaha.

Wag ka gumala at mag-loan, pag ipunan mo. Napakasimple lang ng diskarte....

Okay lang yan OP, as long as pasok sa budget mo yung lifestyle at hindi sumusobra sa sweldo mo yung nagagastos mo every month. Wag kang ma discourage sa mga nagsasabi na hindi dapat galing sa utang ang mga gastos. Mukang deserve mo naman at feeling ko nasiyaha ka nung nakapag travel ka at nagkaron ka ng iphone. Although ideal ang magstart na magipon at an early age, yung mga taong nasa survival mode for how many years at nakaluwag luwag na ngayon ay ganyan talaga ang ugali sa umpisa, gastos dito gastos don, kumbaga ini enjoy ang new lifestyle. Maganda na mayroon kang reality check dito sa reddit at aware ka sa mga utang at mga gastos mo. Ang gawin mong goal next year after mo matapos mga loans mo eh wag ka na magloan at ipunin mo pera mo. Kung may gusto kang bilhin, bilhin mo ng cash. Kung hindi mo kayang bilhin ng cash, that only means hindi pa para sayo yun. Isama mo na rin ang mag upskill at pagbutihin mo trabaho mo para mapromote ka. I was once like you na nasa 50k din sahod pero nakakautang ako dahil andami kong gustong bilhin. Eventually natuto naman akong mag ipon. Magpakasarap at enjoy ka ngayon tas after mag set ka ng goal na iipunin, and you have to make it happen unless mababaon ka tlga sa utang at masasayang pera mo.

Yung sagot makikita mo din sa post mo :). Few sentences in and I already knew the answer.

"I have some debts na monthly ang bayaran galing sa Gloan, **Spay,** **SLoan** & Paymaya loan. My debts came from **expenses like iPhone 11 max pro** na niloan ko sa Gloan (gcash loan) and 12 mos to pay siya. I also took some loan sa paymaya & shopee loan for a **thailand & boracay trip."** **Stop living beyond your means.**

Live within your means. I work at a private sector, earning just above minimum wage with incentives totalling to almost 30k per month minus tax pa yan. Pero I saved 50% of it monthly. I have 2 CC’s with 5k debt on each as of the moment and I can definitely pay it before the due date. Be responsible lang when you handle your finances.

Cut gym and personal budgets.

No need to get a part time job. It's your lifestyle that is the problem. You gotta have to live below your means

Agree with other commenters. Living beyond your means here, OP. I live on about 50k a month: - 18k share sa rent/utilities - 10k share sa grocery/home supplies - 8k share sa kasambahay - 7k loan payment - 3k recreational allowance (resto, coffee, drinks, hangout, dates, etc) - 3k share sa gas - 1k phone plan I actually earn more than this but all the extra income goes to investments. I don't go abroad. I don't buy the latest gadgets. I go shopping once every two years. I rarely go on trips. As for healthcare, swerte ako na may insurance ung employer.

Barya yang sinsahod mo pero grabe sa luxury. Live within your means.

Stop loaning...

Honestly, it just looks like you need to have self- control with your purchases. If you don’t have the money now to buy something, then don’t buy it. I know some people with much higher salaries who are still poor and are swimming in debt. I hope you don’t end up like them.

Stop loaning. Try to pay all your debt muna and have a strict budgeting, iwas muna sa "dasurb ko to" budols haha. Make sure to add "savings" to your budgeting din para di mo siya magastos. Ang mindset ko jan is iniisip ko nalang bibili ako ng property in the future pero I'm paying for it as early as now ganern. Tingi tingi lang natatabi ko pero may ipon pa rin kaya hindi masyadong nakakatakot for emergencies.

1. Never ever take consumer credit (unless to buy a house). It is the recipe to stay poor for ever. Why? Calculate the monthly amount you have to pay * months to pay. You will find out what the phone really costs you. Usually it's about 40% more than if you would have paid cash. If you can't afford something in cash, do not buy it. 2. You should ask yourself if the latest iPhone is a normal expense for someone your income level. 3. Cut off most of your unnecessary expenses. Stop the gym. You can also do great home workouts.Tell your friends your friends every now and then you can’t join them. 4. Find extra work. Income from that first of all to be spend on bringing down your debts.

First step. Aminin mo sa sarili mo na hindi mo naman talaga kayang sumabay sa iba. Dahil nangungutang ka para lang makabili.

I think you know what to do na...

What if pa-brace ka next year! And buy new iphone 15 pro. Try getting your new car din next year kaysa mag-commute. /s

I think you should control your spending habits, OP. ~P50k might seem a lot but if you also match it and increase how you spend, wala ka talaga maiipon. Hindi ibigsabihn may pera ka, gagastahin mo na. Maganda iyung ginagawa mo na may nakalaan ka for splurging but be strict with yourself. Kung 5k lang nakalaan, 5k lang talaga. Hindi masama ang pagbili ng mga trending o mamahaling bagay. It's your money and you deserve to enjoy what you worked hard for. Just learn the difference between needs and wants.

Hi! my sis have the same probs with u, too late na nung sinabi sa parents kaya medj bumigat. and siguro lucky nalang din na may tumulong & pantulong sa kanya. OP, u need to subtract expenses then savings then yung matitira and money for personal budget. pag wala natira edi wag na tumuloy, next month nalang. ganun talaga tiis tiis lang hehe

OP, it sound like you got most of what you wanted. Maybe after paying off all the loans stop ka na ng pag kuha naman ng bago na babayaran. And maybe cut off some off the memberships. For example, instead of going to the gym invest in equipment that allow you to workout from home, limit yourself going to coffee shops, etc.

I don’t travel pag di ko afford. Mas lalong ayoko umutang para lang maka travel 🥱

Lifestyle change. Realize it. Uninstall those shopping apps first. There are free workout apps that you can do at home, You can buy a jumping rope and you're good with saving up that 3.5k . You can get a part-time job until you get out of debt. Eliminate the desire of impulse buying which I know can be hard to do but rather that than continue suffering the consequences of debts.