“Kakabigay pa lang ng allowance ko, ubos na.”
Apart from your school requirements, ang mabilis na pagubos ng allowance ang pwedeng isa sa mga frustrating na isipin bilang isang estudyante.
Pero huwag ma-stress. Here are a few simple tips to stretch an allowance until the next one comes.
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List down your sources of money – As a student, the money you get would most likely be from your allowance. Pero kung working student or on a scholarship, isama mo pa rin ang mga nakukuha mo rito. The idea is to know how much money you have, so you know how to allocate them.
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Prioritize essential expenses – Include food, transportation, and school materials in your list of priorities and adjust how much you need to put for each one. Consider mo rin ang lifestyle changes, like bringing your own homemade food or asking schoolmates if you can carpool with them. Track your expenses and adjust according to necessity.
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Spend only on what’s necessary – Huwag magpa-influence sa FOMO (fear of missing out). Kahit uso ang isang bagay, it does not mean it’s important to you. Be purposeful in your spending and always consider what will help you in school. Adopt a live within or below your means attitude. If you want to treat yourself to something, start saving money for that, even if it will be just in small amounts.
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Maximize student perks – Check if shops and services have student discounts. Pwede itong makatulong makabawas sa expenses. Just be sure na kailangan mo talaga ang mga ito.
Kapag marunong kang mag-manage ng allowance mo, you may be able to cover all your necessary expenses until you get your next allowance. For sure, made-develop mo ang good money habits that can help you build the confidence to handle money in the long-term.
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Disclaimer: This article is for general information purposes and does not constitute formal financial advice. Always do further research before making financial decisions and seek professional advice from a certified personal finance counselor. For more information, read the Earnest disclaimer here.
