No matter how much they earn, they spend two times of their income and then they are not left with anything as most of their salary goes in paying debts.” This is how a foreign CEO look at Filipinos when it comes to managing our finances. He said that he stopped their operations in …
It’s April, yey! I am so excited to share with you how much is left with our debt after almost 17 months of struggle in paying it off . The journey was not an easy one, but it’s all worth it. And now we are almost done! Soon, by God’s grace. We are now 80% …
Being in debt is very common in most of the Filipino families today. It become so normal in the Philippines that some are even buried up to their eyeballs just to keep up with their friends, co-workers and whatever is trending in the social media. They already lost the hope of getting out of debt …
I am so happy to share to you that after 16 months, we are currently in 75% to paying off our debts. We have a total of P1,065,000 amount of debt to pay including the interest since we started our journey to debt-freedom. It is so amazing how God is working with our family! He …
How to prosper in life and in business? That is the question that most of us are asking,myself included. During these past few days, my devotion or quiet time was spent studying the book of Proverbs. Thank God,I came across the verses that answer the said question. So that is why, today I am going …
Besides from budgeting, I also use Snapcart to earn extra money from all our grocery receipts. It is not that much but if you are on a journey of getting out of debt, every peso counts. Some of you maybe using Snapcart for the longest time already but I am sharing this to help those …
I am so excited to share with you our progress as our family takes this journey to debt-freedom. It is now 7 months since we made that decision to eliminate our debt completely. So we had a total of PHP 1,065,000 non-mortgage debt which we acquired last year from a series of bad decisions. I …
”Why do you need to get out of debt? Debt can be a driving force for you to work harder. It is not forever…why are you punishing yourself?These are the questions that ordinary people throw at us as we started our journey on getting out of debt early this year. But at the end of …
Being in debt is normal in the Philippines. The Bangko Sentral ng Pilipinas (BSP) released the National Baseline Survey on Financial Inclusion (NBSFI)1 in 2015 which is the first national survey of Filipino adults who are actual and potential users of financial products and services. It stated that almost 5 of 10 adults (47.1%) have debt, 33.8 …
A budget is always part of our being accountable when it comes to our finances. My husband and I will lay it out prior to every month so we can tell our money where exactly it has to go and not the other way around. Know well the condition of your flocks, and give attention …
