Monday, May 8, 2023

Managing and Budgeting my Money

Now that WHO (World Health Organization already declared the end of Covid-19 global health emergency, I feel somewhat relieved and very thankful. Although there are still cases in some parts of the world and in our country, covid has now simply became part of our lives. For the past years, especially the year 2020 till end of 2021, almost all of us struggled financially. It was tough.. really tough! 

Many lost lives, jobs and businesses. I for one suffered closure of our small business for roughly 2 years. Our finances during that time has almost reached rock bottom but we are still thankful that we survived.  

In those times, having some money at the bank became a saving grace. With little cash on our hand, we simply can’t afford to splurge on things that we don’t really need. The focus during those days were food, medicines and bills. The capacity to buy personal things like clothes and shoes is non-existent because going out of the house is limited and obviously it is not needed. Getting those material things during that time is not acceptable and not important.  

Now that the world is back to normal (somehow), businesses and people are also back to work, it’s now time to work hard again for the family. Providing the daily needs of a family, creating a budget and making sure our finances are balanced can be daunting. Surely anyone will find it challenging but we need to focus in order for us to achieve our goal for our family. 

Managing money and carrying our financial plans for the family are a must. Here are few things that helped me a lot these days. 


These days, we need to think new ways to earn more money. Aside from selling graphics online, I was able to sell other things (merch) online and also have passive income by creating content on Youtube and on Tiktok. 


Eventhough I have several ways to earn money, I have to budget so I can pay all the bills every month and still have for grocery and market. Sometimes it’s hard to budget but thankfully I have a good style in managing that. 


I know it’s pretty tough to save occasionally but I have to. Once I have paid all the bills and bought the essential needs for our home, it’s time for me to save what is left on my wallet. Doing so, I’ll create extra fund for medical emergency and can even allocate some for travel or for a special treat for myself. Buying bags and shoes are my weakness but I have to slowed down on my purchases. Eating out on restaurants is actually not my fave so I guess I’ve been saving quite a good portion of my money on this part.  

I know that not everyone has good financial standings and one of the ways for them to survive is to borrow money. There are actually short-term financial solutions and you can get the cash you need online.

For people who have been struggling with bad credit, it is still possible to get a loan that you need that can be tailored on your capacity to pay. The good thing is that there are many online sites that you can peruse and get more ideas and tips on how they can help you financially. 

Doing some research and asking more information about loans and other stuff are very helpful in your financial strategies and decisions. Just make sure that the financial company that you’ll be engaging with is legit to avoid any scam or problem to arise. Do the research and from there you can review the pros and cons of getting one. Asking a friend who have a good head about financing or a financial adviser to get more advice and this eventually can lead you to a wiser decision.

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