How to save money?

@EMbakes (1152)
Philippines
September 6, 2016 8:04pm CST
Currently, I am unemployed. My only means of earning is through baking goods and Mylot. I still don't know why at times, when I know that I still have some cash, I feel broke. I guess I know that money for me is just temporary since I don't have a job and have been struggling with taking orders from people since most of my customers are earning a little.
15 people like this
16 responses
@louievill (18382)
• Philippines
7 Sep 16
In our country it's power and electricity that eats up a lot of the budget, if you can do that it's a good start You have not told us how many you are in the family, ages of members, etc.. Its easier to form a savings plan if we know more facts
4 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
When regards to house bills, my parents were the ones who pay for it. With groceries and all other mini expenses, I'm the one who pays. I have allotted budget for something and then, it turns out that I need t pay for some other stuffs. Sad.
3 people like this
7 Sep 16
Since you know to bake, try marketing your skills and hope you have your specialization in any recipe of your own..
3 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
I will try. :) Thanks for taking some time to post.:)
1 person likes this
@EMbakes (1152)
• Philippines
7 Sep 16
@dyoizzz_lj I will surely do that! You're such a big help!
2 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
@dyoizzz_lj Wow! I thought Boholanons are the only ones who can make that. Kalamay is very delicious! I'm drooling right now.
3 people like this
• Quezon City, Philippines
7 Sep 16
bills, unending, continuous, money, earn
Hi @EMbakes I am employed but struggles the same thing. I don't know why. I may have a job but transportation eats me a lot! Although there are some alternative routes to save some cash time and traffic will be the demand. I also have my online shop of goods, then decided to go back to mylot again. It's really hard to budget when we have unending bills and a child to support. Let's just strive hard to earn more.
@EMbakes (1152)
• Philippines
7 Sep 16
I don't know why at certain point, when I feel that I'm broke, I always think of Mylot. I don't know why. I'm not earning so much here but maybe through multiple interactions from intellectual people motivates me to strive harder. I hope you get to feel that too.
2 people like this
• Quezon City, Philippines
7 Sep 16
@EMbakes yeah I'm broke now so I thought maybe Mylot still exist. ha ha ha funny but I think Mylot quite helps us to manage some things that we feel. Not only because they give us money right! :)
2 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
@rairaianne14 Funny how a small amount of cash can excite us. Mylot has some sort of magic.
1 person likes this
@wiLLmaH (8251)
• Singapore, Singapore
7 Sep 16
The opposite of saving is spending. To save more you need to spend less. To avoid feeling broke, try to change your mindset. Read financial literacy books :)
3 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
Thanks for your suggestion. I would gladly search for good books that talks about finances.
2 people like this
@wiLLmaH (8251)
• Singapore, Singapore
7 Sep 16
@EMbakes Try to read the millionaire mind. :)
2 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
@wiLLmaH Oh wow! Thanks @wiLLmaH!
2 people like this
@thenight (62)
• Indonesia
7 Sep 16
Why you must try to save some money? If you ask me, the better way is to earn more money and not to save it.
3 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
Oh wow! It's refreshing to read comments like this. I never really thought of that. Thank you so much! You're one intelligent person!
3 people like this
@marguicha (91813)
• Chile
7 Sep 16
We have to have some money in order to save. I save by learning how to cookk well with unespensive ingredients. And I take care of my clothes.
3 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
Great advice Marguicha! Thank you!
1 person likes this
• Jacksonville, Florida
7 Sep 16
I know the feeling. We have been without for so long that even when we do have a little bit of money I get worried because I know it will be gone in the blink of an eye. Of course it's never much money to begin with anyway.
3 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
Other people made it look so easy. In my case, it's a constant struggle and I don't know why.
1 person likes this
@Lucky15 (33421)
• Philippines
7 Sep 16
I tried to save up few and put every peso on a budget
3 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
I will try to copy your style. Maybe it'll work for me. Thank you.
2 people like this
@Jessicalynnt (47789)
• Centralia, Missouri
7 Sep 16
I can understand that, not having a more regular job with paychecks that come regularly can be stressful. all I can say is start saving, even if it's the tiniest amount. Each week put that tiny amount back, and over time it will help!
2 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
Thank you Jessa! :) I'll buy myself a piggy bank. I'll start saving. :)
2 people like this
• Centralia, Missouri
7 Sep 16
@EMbakes lol dont buy the bank,that costs too! Grab a used food container, clean it out and start dropping in change!
1 person likes this
@thelme55 (14337)
• Germany
7 Sep 16
Don't buy things that you don't need. Concentrate on baking and bringing your cakes to the people. I also earn a bit from baking when I am here in the Philippines.
2 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
Baking is really a good business! Thanks for posting!
1 person likes this
@SUCHIIT (75)
7 Sep 16
always make piggy bank at home, its best way to save money.. as whenever we come after shopping we surely have some extra money with us so we put it in piggy. then see how much money you save . it will surprise you
2 people like this
@EMbakes (1152)
• Philippines
7 Sep 16
My mom told me that too. I'd definitely purchase a piggy bank anytime soon. Thank you.
2 people like this
@dodo19 (32553)
• Beaconsfield, Quebec
7 Sep 16
I can understand. It can be difficult when you don't have work and a steady income. I can relate. I do hope that things change for you soon.
1 person likes this
@EMbakes (1152)
• Philippines
7 Sep 16
I really do hope so. I'm planning to go abroad anytime soon.
1 person likes this
• Philippines
7 Sep 16
Baking is a good business. You can make more as you establish yourself as a great baker of goods, with a great heart for customer satisfaction. I believe I will buy from you if I'm near your place. You can also be involved in other business to supplement your earnings. We have a branch in your area where you can see if it can be something you can do.
1 person likes this
@EMbakes (1152)
• Philippines
7 Sep 16
Oh! That's a great business for sure. Baking is a good business, but right now, my sales are just so low. i don't know why.
1 person likes this
@maezee (31963)
• United States
7 Sep 16
If you dont earn enough to save,you simply dont. Unless there are ways you can cut back on unnecessary items (a cable bill, fast food, entertainment) but it sounds like that may not be an option. Best of luck.
1 person likes this
@EMbakes (1152)
• Philippines
7 Sep 16
i don't really earn a lot. Sad. Thanks for posting by the way.
@rina110383 (24135)
7 Sep 16
I am employed in an accounting/law firm but still I take remote projects on Upworrk and do them on weekends and weeknights. I save every penny that I earn. I only stick to my needs (rent, food and toiletries).
1 person likes this
@EMbakes (1152)
• Philippines
7 Sep 16
I also stick to my own needs, but I don't know why I am so fond of food that sometimes, it feels like an addiction to me. I guess I have to say that I'm not good with money. I'm so clueless right now.
1 person likes this
@carexing25 (1832)
• Philippines
7 Sep 16
that's how I feel sometimes.. it's always good to keep some extra cash but to earn more you have to think of anything like selling goods ..it's really not easy to earn money..
1 person likes this
@EMbakes (1152)
• Philippines
7 Sep 16
It's really hard especially in our country where most people would compromise quality for the sake of the price.