Sunday, December 15, 2013

Cutting My Expenses to Have Money for Travel

Today, I realized that I have been spending way too much. So, I think it is the time to start cutting my expenses since I already have bought what we need for Christmas! :)

Photo not mine. Credits to the owner

I have come across this blog post of Nomadic Matt; 20 Ways to Cut Your Expenses, Grow Your Bank Balance, and Have Money for Travel and this post, he just pointed out so many things for me that actually make sense.

I wrote down what do I need to pay every month like house rent, internet bills, electricity and water bills, PhilHealth and PAG-IBIG. I also made a list of my discretionary spending and phantom expenses... and man, it's a lot of moolah!!!

So, in the list of my discretionary spending and phantom expenses, I crossed out a few of them which I believe I can live without like eating outside (restaurants), sodas and etc.

Here's what I have thought....

I NEED TO LEARN HOW TO COOK - I just said goodbye to my weekly pizza delivery and no more eating out every week. I just realized how fun it is to cook for your own. Well, you may wonder why up to now, I still don't know how to cook... we're not rich, I am not a brat... it's just that, my mom never let me do anything in the kitchen except to cook rice (I'm an expert at that) and wash the dishes. She loves me that much! :)  Well now, I gathered few recipes and I'm starting my adventures in the kitchen.

NO MORE COKE or PEPSI - I admit, I always have soft drinks every lunch and I know it's sinful... Imagine... a can of Coke or Pepsi is around 25 to 35 Pesos and I have them every lunch, every day!! 35 times 7 equals 245! And in one month, it's 980 Pesos!!! Imagine, how much I can save without them... plus, I'll be more into drinking water now that they are not in my budget list anymore! :)

SHOP WISELY! - Either online or offline shopping, it's really a must to be wise shopper. Now, I start collecting coupon codes for my online shopping for domains, and work-related stuffs... and, I am also gathering gift certificates in various malls and department stores and try to spot SALES too. That way, I can save a little moolah! :)

Since I decided to start traveling the world, I decided to be thrifty now. I want travel not because of work, but because I just want to wander around, meet new people and have some fun... and for that to happen, I MUST START TO CUT MY EXPENSES! So help me GOD! ♥ comments

13 comments :

Vanessa said...

Lovely tips for Cutting my Expenses too!!

betchai said...

you'll enjoy cooking a lot Marie, but remember, don't over buy ingredients too just because you love cooking too much :) I know, one of my unnecessary spending back when I was much younger was buying too much food ingredients to cook since I loved cooking that much. good luck to your dreams of traveling, I know you'll get there soon.

Fernando Lachica said...

You have to spend wisely when you're planning for something different, and it's likely you get that because of what you're doing right now.

nova hedges said...

This is very nice tips, for those who didn't realized they already spending way too much.

jo-anne said...

Same sentiments here. Our number 1 expense has always been food. lol.

MaryJane Tauyan said...

very nice lists! i wanted to travel more next year too! we often buy foods here in malaysia as it is more cheaper for us to buy foods without washing the dishes after. so is the groceries. we alway get what we need like cereals milk, stufffs like that. hehe goodluck

MaryJane Tauyan said...

very nice lists! i wanted to travel more next year too! we often buy foods here in malaysia as it is more cheaper for us to buy foods without washing the dishes after. so is the groceries. we alway get what we need like cereals milk, stufffs like that. hehe goodluck

juliana said...

Shall I say, rude awakening? You're right on track realizing all these things. And as the year is about to end, what better way to start anew than a brand new year?

You can do it, it's just a matter of self discipline and the willingness to carry out your plans. Good luck!

kulasa zen said...

I am going to follow all the ways to cut off expenses you shared here :) no more softdrinks etc. Wishing us both lotsa luck :)

Candyz Nikka said...

You can do it girl! Just take one step at a time. It’s part of my New Year’s resolution too (Skip dining out or ordering fast food delivery, buying small sized toiletries/stuffs). ^_^

Jonas Labagala said...

These tips will surely help especially those who've been spending too much on their budget. By saving their money, they should know how to cut the budget and find an alternative way to still enjoy the food and expenses without hurting your beloved wallet.. :D

Marie Imperial said...

I love the photo. Literally cutting expenses to make it singular. LOL! Yeah, I agree that we need to allocate finances for travel. It is one of the investments we should do, travelling!

Chubskulit Rose said...

That would be our goal for the new year to come as well so goodluck to us.

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