Trouble with finances? Here's how to spend less, save more

Posted at Feb 01 2015 09:42 AM | Updated as of Feb 02 2015 05:36 PM

(Editor's note: This article was written by MoneyMax, the Philippines’ foremost online platform for comparing financial and telecom products and services, for Find out more at

MANILA, Philippines - Between wanting to make sure you've got something tucked away for a rainy day and wanting the latest thing, how exactly do you make sure that you still get to treat yourself and still save at the same time?

These days, you never can predict what will happen, so having a little something tucked away is a necessity. It’s only natural to want to reward yourself for all your hard work, of course, but how do you do that without resorting to the use of credit cards or personal loans?

There are the endless lectures from parents that we should put a little something away just in case. They’re right, to a point. There are times when you can’t help but spend. It’s always a little difficult to manage spending when you work in areas where there are scarce affordable eats, or when you feel hungry enough to devour a quarter-pound burger, or when you get into an accident and you don’t have an insurance policy.

But the time comes around that you actually want to put away something, and your motivations for doing so are generally “so I can treat myself to something really awesome”. The question then becomes “how do I do this?”, and “how can I spend less so I can save more”

Here’s a handy infographic to help you along: