1. Start paying yourself first

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We work hard to earn money so dapat lang na the moment we receive our pay check, bayaran muna natin ang sarili natin ng 20% ng kinita natin. Then dapat yung amount na yun ay gagamitin natin to protect and secure our future. So we should save and invest that money.

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2. Hang out with the right people

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Sabi nila, kung gusto mo malaman ang magiging buhay mo 5-10 years from now, bilangin mo ang mga tao na lagi mong kasama. Kung majority dun ay mga gastador, di marunong mag ipon, gimik dito gimik dun, then chances are mahahawa ka. But if you surround yourself with people na masinop sa pera, business minded, financially literate, malamang you will have a better life dahil matututo ka at mahahawa sa kanila.

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3. Live BELOW your means

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If you are earning 20k a month, dapat ang gastos mo ay hindi lalampas dun. It should be BELOW 20k. Otherwise, you will end up na mangungutang ka. Before you know it, nababaon ka na sa utang. Dapat inililista natin daily yung mga lumalabas na pera upang mamonitor na if you are still living below your income.

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4.  Have an emergency Fund

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Ito yung amount na dapat lang nasa bangko na pwede mo ma withdraw anytime na may emergency. Ideally, dapat mga 3-6 months na monthly income mo ang laman ng emergency fund mo na kahit mawalan ka ng work, you will survive nang hindi mo ginagalaw ang long term na investment mo habang naghahanap ka ng bagong work. That also applies pag may mga biglaang  emergency sa bahay like may kailangang dalhin sa ospital, etc.

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5.  Keep records of your daily expenses

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Napaka importante that you keep track of your daily expenses kasi madalas di natin napapansin yung mga maliliit na gastos na kung pinagsama sama natin ay malaki din. Isa pa, pag may records tayo ng ginastos natin, dun natin malalaman na most of those expenses are unnecessary na sana ay nasave na lang natin. Example, naglalakad ka sa kalye at bigla kang nauhaw. So bibili ka ngayon ng bottled water or soft drink for 20 pesos. Unnecessary siya kasi you could have brought water ng hindi ka na gumastos. So pag nilista mo sia at the end of the day, you would realize it so next time magbabaon ka na lagi ng tubig

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6. Limit buying expensive stuff ( Unless you afford it)

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7. Cancel unnecessary subscriptions/memberships

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8. Borrow instead of buying stuff

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9.  Look for energy efficient appliances

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10. Create a grocery list

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11.  Pay all your bills on time

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12. Set up a garage sale

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13.  Do not go to the mall/grocery hungry

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14. Create and focus on saving goals

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15. Manage credit card effectively

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