Yelo peeps

Question

I just want to ask for advice on how I can manage my finances wisely? Earning around 18-19k monthly (this is my take home after deductions) pls help, I don't want to put myself in diff situation esp with multiple bills coming 😭😭😭

NiceCola · Answer

List down expenses for a month to see where your money really goes. Then make a budget accordingly. Meantime, you can use the envelope method and really have the discipline to stick to your budget. I agree sa 50-30-20 budget rule just divide 20 to 10-10 for emergency fund and savings)

GentleSting · Answer

Maybe try the 50/30/20 rule adapted to your budget: 50% for needs, 30% for wants (but keep this super tight!), 20% for savings/emergency fund (even if it's just a small amount each month, it adds up!).
Cooking at home instead of takeout can make a big difference. You've got this! 😊

Q
Yelo peeps

More Posts to Explore

QYelo peeps

More Posts to Explore

Q
Yelo peeps