πŸ’° MONEY TALK: When You Need Money ASAP...steemCreated with Sketch.

in finance β€’Β  7 years agoΒ  (edited)

EMERGENCY FUNDS???

Important Note:
I failed to take a good shot of the photos. πŸ˜”

I really can't remember when I started saving money WHOLE-HEARTEDLY.

A year and 2 months ago, I got an opportunity to work as a real estate agent and was blessed to close a number of deals. That made me feel a little secured financially (through my commissions).

Sadly, I have a bad habit when it comes to money. I am an impulsive buyer! Little by little, I realize that I must save at least a few amount of money as my emergency fund.

So, a couple of weeks or almost a month ago, I started saving my Php10, 5, .25, .10, and .05 coins. At first, my plan was to save only the centavo coins because I would be needing the 10 and 5 peso coins for travel fares. But then, I decided that all 10 and 5 peso coins that will be left in my purse would be saved. (I am currently self-employed, working as a private ESL teacher.)

IMG_20170610_143412.jpgI made a record of my savings in a small notebook.

Last Friday (Philippine Time), I ran out of cash and actually on a tight budget. I decided to take out all the coins from my coin bank and deposited it to my bank account. I was able to save around Php600, not bad at all.

IMG_20170609_162651.jpgSTOLEN SHOT ONLYπŸ˜‚πŸ˜‚πŸ˜‚

Now, this will be a habit. I'm going to save all the coins upto the next month and deposit it to my bank account. (I keep all my 1 peso coins in my purse for paying an exact fare every time I travel.)

P.S.
Maybe you have a better way on saving money... You may freely share it! 😊 This can be just a simple idea for saving emergency funds. πŸ˜‰

'Til next time, pals! πŸ˜˜πŸ‘‹

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"Look after the pennies and the pounds will look after themselves" as the saying goes!

Β  Β· Β 7 years agoΒ 

Indeed! Funny that some people no longer save every penny. A penny is still a penny... It still has its value. 😊