This foolproof gameplan is all you’ll need to make your aspirations come true.
You’ve already come up with your own pie division for your monthly income—say, 50 percent for your living, food, and transpo expenses, 20 percent for your other bills, 20 percent for life savings, 10 percent for leisure.
And most of the time, that one grand thing you’ve always wanted, such as your ultimate vacation, a badly needed gadget upgrade, or even a place of your own, takes a backseat.
Here’s how to make sure you achieve everything you’ve ever wanted, the big-ticket items included, without breaking the bank:
1. Factor it in.
Much like a vacation which you just have to really make time for if you have a jam-packed schedule, you also need to set aside a budget for big-ticket items. Thus, flexibility when it comes to your pie division is important.
Reduce your allotment for your daily expenses (take public transport or carpool with neighbors to save on gas money, or bring baon so you won’t have to spend so much on food), or your leisure money. Little sacrifices like not going to the movies or eating out will take you a long way.
2. Raket pa more.
If you don’t want to adjust your lifestyle, no problem! You just have to find ways to earn more money.
Teach English, arts and crafts, or cooking classes (or whatever skill you’re excellent at) during your free time, make accessories or pastries and sell them online, or hold a garage sale of items you’re not using anymore. Or maybe do some consultancy job on the side—but make sure that everything you earn from your rakets go to your big-ticket item fund.
3. Be very smart about your big-ticket purchases.
Paying for your major purchase in cash and in full is wonderful—but not always possible. Sometimes you already badly want (or need!) something, but you don’t have enough funds yet.
What to do? Maximize the power of your card! A great ally is the BDO Installment Card, which allows you to get cash up to 100% of your credit limit and pay in easy monthly installments of 6, 12, 18, 24 and 36 months. You no longer have to delay getting that big-ticket item you’ve always wanted, and you know you deserve!
Click here for more details, so you can be well on your way to rewarding yourself for all your hard work.
Your only limitations are the ones you impose on yourself—know that if you want something, there are ways for you to get it as long as you work hard and make smart decisions.
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