It’s that time of the year again! While other countries celebrate the yuletide season at the beginning of December, we Filipinos welcome the holidays as early as September. And while we enjoy every event that comes our way, whether we like it or not, expenses are always nearby. But no worries, we have got you covered, as here are the top 10 tips on how to properly budget during the “ber” months.
1. To upgrade or not?
Discount on gadgets are common during the Holidays, however, one should always remember the quotation “if it isn’t broken, don’t replace it,” as there is no need to upgrade if your current smartphone still works well.
2. Expensive cuts or budget cuts?
Expensive salons promise a more stylish look for the holidays. However, there will always be practical ways in making ourselves presentable without spending too much. Buying affordable cosmetics and hair care shampoos are great substitute for overpriced parlors.
3. Use coupons.
It is in the nature of Filipinos to save, especially with the help of promos. Malls usually provide discounts during the ‘ber’ months. As the saying goes, “take advantage of Buy 1 Take 1 so your cash wouldn’t be none.”
4. Do not let any resource go to waste.
Our parents would always tell us not to waste food during meals. This same rule applies even now. No need to buy food that would go to waste if you still have a few left in your refrigerator. Other simple things such as paper, water, etc. are included in this rule.
5. Turn off and unplug.
Take it easy with the Christmas lights, it isn’t even December yet. Turn off and unplug everything that is not in use.
6. Commute wisely.
Most would commute to save money; however, we should also look for cost-effective ways to travel during the holiday rush. Look for PUVs that take shortcuts, which would otherwise make us ride twice just to get to our destination.
7. Old gift to new gift.
Have any gifts from last year that you haven’t even used at all? Repackage and use that instead as a Christmas present, just don’t give it to the same person though.
8. Make your own present.
Why buy when you can make one? Your loved ones will even be impressed with your creativity. Christmas cards and hand-decorated mugs are a perfect example.
9. It’s the thought that counts.
You don’t have to give everyone a present. Simple gestures such as greetings and acknowledging party invitations are sure to warm their hearts.
10. Track your budget
Saving and reusing your resources would amount to nothing without practicing self-control. Choosing value meals over restaurants can help you save big. Prioritize due dates. Needs first, wants last.
Want to add more to your budget aside from the ones you had saved? Cebuana Lhuillier’s Pawning Service accepts an array of items, from jewelry to gadgets, as collaterals. They also lead the pawning industry by offering safety and the highest appraisal rate in the industry in its more than 1,800 branches nationwide. Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.
Image Source:
http://blogs.wsj.com/moneybeat/2016/04/07/people-arent-upgrading-smartphones-as-quickly-and-that-is-bad-news-for-apple/
http://www.kidspot.com.au/Christmas/Christmas-ideas-Cheap-Christmas-How-to-draw-up-a-Christmas-budget+3652+664+article.htm