My Own Saving Strategy

One year consists of 365 days.
My idea is to start with a small goal.
So why not set A One Peso Goal?
From One peso a day to 365 pesos a year!
And my Challenge: How many 365's can I save in one year?

This is my own savings challenge I started 2 years ago. 
This was my 365 notes last 2014. My original target was 137 set of 365 = P 50,005.00, I only ended with P131 set of 365 = P 47,816. Though I was not able to meet my target, I am still happy that I was able to save/invest that amount.
Last year my target was 165 sets of 365 = P 60,225, I only completed 155 sets of 365 = P 56,575.  But still I am happy that I was able to exceed the amount I have saved/invested last 2014.

Weird? Yes I am ... but I love doing it. I love writing it down repeatedly because it gives me a sense of fulfillment everytime I complete the amount set for one month to one year.

Last 2014 I was able able to save P 131/day, last year I was able to save P 155/day & this year my target is to save P 192/day or I must exceed the P155/day savings I had last year.
...and that's how I psyche myself in saving.



Just in the mood of sharing my thoughts again :)
(sinasamantala ko lang po habang sembreak/enrollment pa lang sa school, next week will be the start of our third semester)
Have a great day everyone !!!

300k Target this 2016

          "Begin with an end in mind" - I was reminded of these words as I write my post today. It was part of my report in our school last year. According to Steven Covey, author of Seven Habits of Effective People - if we begin a task with an end goal set in our minds we will be more productive and efficient in reaching our goals.
         With an end goal set in my mind today, these specific financial goals are now my target this 2016. I want it to be as productive as 2015 no matter what trials or obstacles I may encounter. Let's get it on 2016...

MY 2016 FINANCIAL GOALS

1. Have a total of 20K Mutual Fund Purchase in my FAMI EQUITY Fund - I only have a total of 19k last year.
2. Have a total of 30K Mutual Fund Purchase in my PHILEQUITY Fund - I only have a total of 26k last year.
3. Have a total of 15K Mutual Fund Purchase in my FAMI BALANCED Fund - I only have a total of 11k last year.
4. Open another life insurance in Paramount Direct - I have been seeing their ads in facebook and   studying some of their products. I was planning to take just 1 unit of 10 year payment - golden life  advantage plan. Anyway, it has a cash surrender option if I choose to surrender the plan in the       future.
5. Continue my Philam Life Insurance - Just another one year to finish this 8 year payment plan.
6. Complete my 30K Personal Emergency Fund in Wealthbank Special Savings Account - I have 20K in my special savings account in Wealthbank & I plan to make 30k before the year ends.
7. Complete my 30K Family Health Emergency Fund - though I already have a 30K Family emergency fund I want to establish another emergency fund from the interest I have gained from
my capital contribution account in Villamor (closed this account last year) & plan to make it to 30k before 2016 ends.
8. Have a total of 30K Mutual Fund Purchase in my FAMI EQUITY Fund - additional 10k before the year ends.
9. Have a total of 40K Mutual Fund Purchase in my PHILEQUITY Fund - additional 10k before the year ends.
10. Have a total of 20K Mutual Fund Purchase in my FAMI BALANCED Fund - additional 5k before the year ends.
11. Have a total of 10K Mutual Fund Purchase in my SOLDIVO Growth fund - additional 5k before the year ends.
12. And before this year ends,  I want to reach my 300K TARGET GOAL - since this is my third year in blogging I want to have a total of 300k total savings & investments before 2016 ends.

          With God's grace I will achieve all of it this 2016.
       

Just sharing again my thoughts.
How about you, what are your goals this 2016?
GOD BLESS EVERYONE!!!


A look back on 2015

It's the first day of the year 2016 and as I look back on the things that happened to me last year I can say that it was really a great year. It may not be the best year but it was really an amazing year for me though not in terms of financial but in other aspect of my life. A lot of great things happened especially when God gave our family two wonderful babies last year - baby kenji & baby kendra.
Baby Kenji - my first nephew
Yes I had another niece, my kuya's girlfriend gave birth last june. It was supposedly twins but unfortunately she gave birth ahead of her schedule -both died. After a few hours, when it was about to be blessed by the priest one baby cried. It was really a miracle that the other baby is alive after they were both pronounced dead. And that is the reason why she's named Baby Kendra Eloise Miracle.
 
( just sad because baby kendra is in Cebu right now )
Aside from this two source of joy in our family, I have a lot of things to be thankful to God.

The happiness I feel when my family is complete is priceless. It's one of the things that I always pray to God and thankful that it is always granted.
 ON FAMILY'S HEALTH CONCERNS     
My parent's health always bothers me and thankful to God for taking care of them. There were times that my mother was rushed to a clinic because of her hypertension and thankful that nothing serious happened to her. Thankful also that my father is still in good shape years after he had a stroke. Hopefully, this year I'll have them checked up by their cardiologist, neurologist & nephrologist to monitor their health conditions. 
ON PERSONAL / HEALTH ISSUES
I also am thankful that God allowed me to study again and because of this opportunity a lot of self discoveries were made. It was really hard to study & at the same time work for there were lots of times that I wanted to quit but I was more challenged because of the people around me who always encourage me and reminds me of God's greatness. It was also last November when I received a great news and confirmation that I do not have an endemetriosis cysts in my left ovary. It was really a big relief for me.
ON FINANCIAL MATTERS
Our company is still in deep financial crisis but I am still thankful that I have a steady income for my needs and for my savings and investments as well. I'm happy that I finished all financial goals I have set last year.

I have revised some of my goals few months ago but still the target amount is there. I reached the target amount of 200K and my focus was shifted to my FAMI & PEMI account instead of adding 5k to my Soldivo account. And in the latter part of the year I added 10k to my special savings account in Wealthbank. I was not able to fulfill my financial goals exactly but I'm happy that I was able to reach my target completely. 

I still have a lot of problems today - believe me it is worse than the problems I had two years ago but I think it is more important that we appreciate all the great things that happened in our lives rather than be sad on all the bad things that we had.

          HAPPY NEW YEAR EVERYONE !!! GOD BLESS !!!

Thankful again for another blessing

          It was only last week of August that I learned about this scholarship when one of my classmates asked me - Ate Grace nakapagpasa ka na ng requirements sa scholarship? I didnt know what she was talking about so I answered - Anong scholarship? Anong requirements? She again answered, -Yung kay Lani, deadline na ngayong Linggo. Oh I see, "di na ko siguro abot dyan, wala pa akong requirements."

          Then the next day, my kuya called me in our office, informing that there's a scholarship program near his area where he played tennis.
And so we went there the next morning but when I got there they were all holding some filed papers.
So I asked one student about it , "Anong mga requirements sa scholarship?"
He answered, scholarship form fully accomplished, voters certification, good moral, school ID, school registration and true copy of grades. Then he showed me the form, it is the same form showed to me by my classmate. I told myself, "Sayang deadline na di ako umabot."

          That day also, I met my classmate again and told me, "Ate Grace, extended ngayong first week ng September ang submission ng requirements sa scholarship." . I was excited and replied to her, "Talaga, asikasuhin ko na lang agad para makahabol." I badly needed any financial assistance for my studies since our company today is not doing well financially. So I message & requested my cousin who can file my voters certification in Taguig Cityhall, accomplished the scholarship form, and went to school earlier for other school requirements. Luckily I was able to file my scholarship on the last submission day.

          Last Wednesday I received a letter confirming that my scholarship application was approved.
          Both parent and student were required to attend a program @ Taguig City University auditorium for us to know the rules & by-laws of that scholarship program.
          I wasn't really aware that the local goverment of Taguig has this kind of program and really amazed that they give emphasis on education of the future generations to uplift the lives of the Taguiguenos. And I was surprised that one of the introductory speaker is also my professor in TUP.
          It was explained to us the rules and requirements and the equivalent amount allocated to each of us every year. The only request they asked was to study hard, be a good and honest citizen and help the city. And finally, at the end of the program our scholarship grant were distributed to us. I received P 7,500.00 scholarship grant and set aside 7k for my third semester tuition fee next year and P500 for my nanay ( talent fee daw nya,heheh... sobrang pagod din kasi nya that day).
          Not that I am promoting or campaigning for the Cayetano's since Allan Cayetanos is running for vice president today but I have witnessed a lot of improvements in our area under his wife's administration in our city in addition to the other services and the scholarship program she is implementing. Senator Allan's performance in the senate for me is also outstanding. Their vision to raise the literacy of the people is clearly shown and a lot of students are now eager to study more.

And if your are a Taguiguenos and you are interested in this program, check their website:
"http://www.taguig.gov.ph/programs/scholarship/ "- From college tuition fees, to full scholarship, review assistance and even the masteral and doctoral degree are covered in this program for as long as you are a three year resident of Taguig you can apply for it.


Just sharing again!!!!
Have a wonderful day!!!
God Bless!!!





Wonderful Saturday part 2

         And because of the good news that I had last Saturday, November 7, my mother and I celebrated. After our lunch at San Juan de Dios hospital canteen and after a few minutes of quiet time at their church we headed at Landmark again. We did our usual bonding activitiy - a lot of fashion show done inside their fitting room. The result, two maong pants & two wallets were bought - one for my mother and one for me of course.
          Malling has been our constant unwinding activity ever since and even if I'm a self confessed kuripot still the bicolano traits inside me comes out. I am often caught between thinking about my future and spending on a special bonding moments with my nanay. Life is short and my nanay is already 67 years old and she keeps on telling me, "sana highschool pa rin ako, ang saya saya ko noon." Highschool life was her happiest moment, and clothes were her usual outlet so I need give her little wants once in a while.
          Sabi nga ng nanay ko, "buti na lang may mall kahit papaano nakakalibang at nakakapahinga ako, magastos nga lang." Well, my mother has been so tired since my nephew was born, " unang apo, e". And so I answered her, okay lang naman gumastos paminsan minsan basta within the limit that's why I am into the cheper items than expensive ones, basta sulit pa rin.
          We also bought our favorite Foss Coffee at Glorietta at P 55.00 only. Chocolate Cream Chips and Vanilla Oreo were our favorites, "masarap at sulit na sa presyo talaga". They are open for franchise, If only I have the business skills I will try to take chance here but my mother said, "one at time, mag-aaral ka o magbi-business ka- pumili ka lang." Franchising business is one of my dream, but I do not have a business skills yet, so my franchise plan is still on hold.
My favorites, I only capture these images from the net, naiinis kasi nanay ko pag picture sa pagkain e.
          At 3pm, my mother went to market market to meet my brother while I headed to TUP for our saturday class. At night I checked my wallet, I was left with only P 160.00, oh dear where did my 2K go? So I begun tracking down my expenses and voila after few minutes of counting and adding it tallied, P935.00 for ultrasound - P400 doctors fee - P509.00 for transpo, food & others.
Still have a habit of tracking down my expenses daily
          Almost tally naman di ba, P2k - P1844.00 = P 156.00. Simple talaga ang gastos ngayon, but then no regrets - what's important is that my cyst is gone and my mother & I really enjoyed that day!!!!


Just sharing my Saturday experience again!
Have a great day ahead!