{"id":292710,"date":"2019-01-29T06:03:01","date_gmt":"2019-01-28T20:03:01","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=292710"},"modified":"2019-01-29T06:03:01","modified_gmt":"2019-01-28T20:03:01","slug":"best-money-saving-advise-i-got","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/best-money-saving-advise-i-got\/","title":{"rendered":"\u2018Best money saving advise I got\u2019"},"content":{"rendered":"

Financial management advice whether from family, friends, officemates, and neighbors can direct us to the kind of savings method that is applicable to our kind of job and lifestyle. We know that taking charge of your own money is quite intimidating and scary. Starting to walk in baby steps will get you a long way and if you play it smart it may eventually lead you to financial freedom.<\/p>\n

The following are the best financial advise island residents got:<\/p>\n

\"\"<\/p>\n

\u201cThe advice that I got was simple so it is easy to remember and apply. First, spend and live within your means, pay yourself first and this means set aside money for savings so you have a secure future and lastly, the remaining amount will be used to pay for expenses.\u201d<\/p>\n

Jennifer Joan A.<\/strong>
\nDandan<\/em><\/p>\n

\"\"<\/p>\n

\u201cCreate a workable budget because you need to know how much money you are spending and where you are spending it on. Do this by start fixing your monthly expenditures like electricity, groceries, clothes, gas etc. Once you build your budget, follow that budget. There will be times that the planned budget you set up is not working anymore then it is time for a budget tweak. I realize that it\u2019s definitely reasonable to revise your budget whenever there\u2019s a change in your life like a financial situation, marriage, new job, or having a baby. Just begin again and keep your financial goals on track.\u201d<\/p>\n

Kiko Sakay<\/strong>
\nPapago<\/em><\/p>\n

\"\"<\/p>\n

\u201cEver since I started working and earning money, I have always applied the 40-60 percent method. Forty percent goes to my insurance and health plans, savings, travel and recreation and 60 percent goes to living expenses such as bills, transportation, rental fees and monthly amortization.\u201d<\/p>\n

Mics Gumangan<\/strong>
\nTanapag<\/em><\/p>\n

\"\"<\/p>\n

\u201cThe best advise I got on how to save my money is actually from Oprah Winfrey. She said in her show before that the best way to save was to segregate my money into three buckets. 1.) Living expenses 2. Emergency 3. Savings for long term. It should be equivalent to six months of your total living expenses. Savings is really for retirement so you can invest this. I actually have a bucket I call \u201cuse wisely fund\u2019 for personal stuff\u2014travel and big purchase items can be invested as well.\u201d<\/p>\n

Katrina Adriano<\/strong>
\nAs Matuis<\/em><\/p>\n

\"\"<\/p>\n

\u201cTry to budget no more than a third of your income on housing expenses. In certain areas\/part of the world I know this isn\u2019t really doable but it\u2019s a good target. Personally, I try to make the rent \/mortgage no more than 25 percent.\u201d<\/p>\n

Leica Y. <\/strong>
\nHouston, Texas<\/em><\/p>\n

\"\"<\/p>\n

\u201cThe best money saving advice I got was from attending the Millionaire\u2019s Mind Workshop. They said to use the \u20186 Jars of Money\u2019 method management. It means to literally have a jar for every set of expenses in your life. First jar has 55 percent of your income which is comprised of everyday expenses and bills. Second jar has 10 percent which is allotted for \u2018play\u2019 money or for things that I don\u2019t usually buy. Third jar has 10 percent which is my golden goose because the money here is something I could put into investments. Fourth jar has 10 percent which I call my education account. Even though I am already done with college, it\u2019s money allotted for further studies that I want to pursue. Fifth jar has 10 percent for bigger and nice-to-have purchases like travel etc. Sixth jar has 5 percent which is considered your give account jar. This is for the purpose of donating to charity etc.\u201d<\/p>\n

Russ Farinas<\/strong>
\nChalan Kanoa<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Financial management advice whether from family, friends, officemates, and neighbors can direct us to the…<\/p>\n","protected":false},"author":30,"featured_media":292715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1351],"class_list":["post-292710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-chalan-kanoa"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/292710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=292710"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/292710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/292715"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=292710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=292710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=292710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}