The golden touch
By omar0913
@omar0913 (942)
Legaspi, Philippines
September 29, 2008 9:42am CST
Do you have a "golden touch" with regards to money, or are you a competent money manager? How do you handle your finances?
I have now recieved my salary for 15 days of work, I computed all my finaces and found out my salary was not enough to handle all my family's expenses. This delima always hit me, what shall I do?
2 people like this
3 responses
@desiree_apuli (455)
• Philippines
8 Oct 08
I think prioritize your expenses and budget your money wisely. Your salary is on a semi monthly so plan your bills first on their due dates and you can easily budget your money. But of course if you have a low paying job you need extra income find some ways to earn extra income.
@bagumbayan (2705)
• Philippines
30 Sep 08
Sorry to hear the truth, but its only you who got that problem. Almost everyone with the exception of some needs money as theirr salaries is not enough to their
everyday living. Just be thrifty and find an extra job or log in to mylot as often as you can.
1 person likes this
@grlsntgry7 (95)
• United States
29 Sep 08
organize your money. make a list of all the things you need to pay, then add up the money you have saved up and the money your going to make and divided it accourding to priority. for example, if you need to make a cc payment and u have one with a 1000 balance with 0% apr for a while and another one with a balance or 700.00 but with an intrest rate of 20%, make a bigger payment on the one with the higher intrest rate. what i would alos suggest is if you dont have any saving accounts open one im incase of emergencies
1 person likes this
@omar0913 (942)
• Legaspi, Philippines
8 Oct 08
Lol, thanks! I know its so hard to budget my salary,for its too small for a family with four kids, not to mention the three are in the school which requires a lot of attention financialy. But you are right I should have save something for emergency. I used to have some savings but due to some emergencies my savings flattened to zero, now I'm trying to find ways on how to recoupe those savings.
