This Is How To Never Run Out Of Money Again!

Dread! That is the feeling that often accompanies the moment of realization when we see we have spent all our available money for the month. The moment when all the other plans we have and purchases we want to make go out the window. The good news is that there are some strategies you can use to make sure you never run out of money again. Keep reading to find out what they are.

Boost your income

Sometimes, we run out of money each month because we are not earning enough to cover our basic expenses. It is possible to cut your living costs to help with this, which we will discuss in the section below. However, there is another option too, and it’s maximizing how much you earn each month.

One of the best ways of doing this is to do more of what earns you the most money. This approach can work immensely well for self-employed people and folks with more than one revenue stream. After all, why waste your time on other activities when you could be using it to complete better-paying actions?

Cut your living costs

We all want a good standard of living, but living too much of the high life can put a great deal of strain on our monthly finances. That is why, if you never wish to run out of money again, it’s best to reduce your living costs.

The great thing about this is that you don’t have to take a massive dip in your living standard to reduce your costs. Instead, look for ways to save on what you already buy, such as offers on cars, vehicles, and gas. Some car firms will even pay your PHP for months at the beginning of a new contract. Also, always collect reward points for grocery shopping, which can be used to reduce your overall bill.

Deal with your debt

One of the most significant expenses that many people face is the fees to pay on their debts. Yes, that right, your debt isn’t just the figure you owe; it’s also the added fees and interest you have to pay.

The good thing is you can wipe out all of these costs by clearing your debt completely. Of course, clearing your debts often seems like a challenging task at first, but there are some very helpful organisations online like Debt to Success System that can provide you with advice on how to do this. Something that will allow you to reach debt freedom and help you on your journey of never running out of money, ever again.

Budget better

Sometimes we have everything in place for financial stability, but our lack of control sabotages us each month. Fortunately, the solution here is simple; all you need to do is make a budget and stick to it.

Of course, you will always have a better chance of sticking to a budget if you make sure it’s as realistic as possible. That means factoring in fun, entertainment, small overspends, and unexpected costs. Otherwise, your budget is destined to fall, and you still won’t have the money left that you want at the end of each month.

Hits: 148

You may also like...


  1. Lyka Mitra says:

    Salamat sa tips na ito mamu. Laking tulong po nito para sa mga taong nag iisip paano at kung napunta ang pera nila.. napakahalaga na sinupin talaga ang perang hawak ngaun.. napakahirap mawalan ng pera sa panahon natin ngaun..

  2. sosingerica says:

    Worth reading this mamu, very helpful and useful Lalo na po sa panahon ngayon na need natin gamitin sa Tama at makabuluhan ang ating money. Gumastos Lang po tayo Kung ano po Yun Kaya natin at wag sobra sobra. Kelangan matuto po tayong mag budget. Wag utang ng utang, magkaroon ng mga sideline or Ibang pagkakitaan at wag maluho.😊 Thanks for sharing mamu.😊❀️

  3. Antoniette Sanchez David says:

    Yes mamu sa panahon ngayon need ma talaga natin isipin at planuhin mabuti ang pag hawak ng pera dahil sa hirap nh buhay lahat naging mahalaga at naging matipid kana dapat

  4. MA D EL says:

    Tama,wag masyado magastos at dapat gumawa ng budget and stick to it para hindi maubusan ng pera

  5. Switzel Barcoma says:

    Nakakatakot talaga ang mawalan ng pera lalo na may anak na umaasa sayo lalo na ng mag ka pandemic doon ko mas lalong na realize na dapat laging may nakatagong pera hindi pala dapat umasa sa trabaho na may sahod every month kasi hindi permamente ang panahon.Kaya ngayon sinisiguro ko talaga na may na e save ako lagi tuwing sahod para in case of emergency may madudukot.

  6. This is so true! I don’t like the feeling of dread from running out of money specially during this pandemic. I’m trying to eliminate my credit card debt so I can also use the money I use to pay for the card for some other things like savings.

  7. Lyka Mitra says:

    Laking tulong po nitong mga tips na ito para hindi po tayo laging naa out of budget.. lalo pa po at may mga kinakaharap po tayong mga pandemya kaya mas kailangan sinupin ang pera..

  8. Jeng Manalo says:

    Ganda nito mamu,very helpful ang mga tip.Ill keep it in mind.Mas mainam din talaga na may extra kang pinagkukuhanan para tuloy tuloy ang pasok ng pera.need lang natin maging wais at ipriority yung needs sa wants.

Leave a Reply