Financial Tips
Financial education is often the first step towards financial freedom. Most people these days are taking steps to ensure that they live the latter parts of their careers in relative comfort, and are able to enjoy the perks of actually having a career.

Read more: The Cost of Education in the Philippines and How to Prepare Financially

Of course, not everyone manages to make it as easily as another. People move at varied paces and get work their way to financial freedom in different ways.

If you’re curious how you can get started, here are a few financial tips from Coffee Bean and Tea Leaf’s Brew Your Best Year blog.

Don’t apply for a credit card unless you know how to use it.

They aren’t meant to be alternatives to cash.

Develop plans for saving and spending.

Keep it in mind that savings are put away before allocating your income to expenses.

Have a budget.

There are a lot of easy ways to track your budget and prevent you from living paycheck to paycheck.

Organize your financial documents.

Keep your bills – paid or unpaid – sorted, it’ll allow you to track your payments.

Have strong goals.

Keeping a goal in mind will help you track your finances as you work towards said goal.

Inflation is a reality.

No matter how high your salary increase is, the cost of living continues to rise.

Explore investment options.

There are plenty of ways to invest your money, hunting up options to do so is dependent on what you’re looking for.

Once you have investments, diversify them.

Having different kinds of investments will allow you to spread your money across different passive income investment products. Just remember to consult an expert in personal finance so that they can help you find investment products that fit your budget and risk appetite.

Minimize impulse buying.

There are times when treating yourself is necessary, but making it a constant thing is counterproductive since this will drain your finances faster and give you financial stress in the long run.

Have more than one means of income.

It’ll allow you to have more freedom with your finances.

Automate your savings and bills payment.

Plenty of banks allow automated transfers to savings accounts, and online banking is convenient if you want to avoid long lines at the ATM machine.

Spend less on going out.

Staying in is less draining on your resources. When you do go out, restrict yourself to a certain budget.

Live frugally.

There are a lot of ways you can get things that you want for less.

Have a system when planning your expenses or savings.

Some people use envelopes or jars when allocating their funds, makes it easier to see where your funding goes.

Don’t compare your life to others.

Everyone has different means and different lifestyles.

Stay motivated.

Remember that you’re doing all this for a reason.


You’ve got goals you want to reach, and hard work will get you there.

Be patient.

Everything you work for will bear fruit. It may not always happen immediately, but it will happen.

Never stop learning.

Continuously learning will help you find new ways to save money through various resources such as books and blogs.

Final Thoughts

Consider these as tips that you can easily take bits and pieces from as you forge your own path towards financial education and your eventual financial freedom. Remember that it will take a lot of hard work and that your goals are within your reach as long as you have focus.

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