How to save up when your salary is just “enough”

If there is one major thing that the pandemic has taught us, it is to save money. So when the need and unprecedented time arises, we have something in our pockets. But how can one save if there is just enough? 

Layoffs, closures, and retrenchment during the pandemic have left many people struggling financially. However, being financially literate can help you secure your future as long as you develop a plan and spend according to your means.

Leading online job portal JobStreet recognized this difficulty among Filipino employees. In a Facebook Live Session during the recent Virtual Career Fair, host DJ Nicole Hyala and guests Salve Dulpito, Ady Cotoco, Charm De Leon, and Jerick Vivar discussed ways to save money when salary is just enough. Here’s what they have to say. 

5 Tricks to avoid overspending this holiday season

Christmas is  here!  You might have just received your bonus this early, and now you’re just too excited to spend it on this and that, go on a shopping spree, or give gifts to your family, friends, or even to random people – sounds good, because you have a lot to spend so you won’t end up broke this season, right?  NOT.  The truth is, you can’t truly spend just enough without a plan.

So, how do you plan it out?  Perhaps you’ve been reading too many budgeting tips since the –ber months started, so you might have noticed by now what they have in common.  If you’re trying to come up with a Christmas spending strategy, but you’re flooded with the hundreds of advices that you don’t know what to follow anymore, go back to basics and keep it simple.  Make your funds work with you with these five straightforward tips.