It’s easy to get carried away by the excitement of payday and SALE! SALE! SALE! signs. In defense of the shopaholic, it’s 50% off! But it’s only a good deal if you’re living within your means. Have you stopped and checked your financial health? How are you doing? In case of emergency, will you have funds?


If you’re not doing any good, don’t worry! It’s never too late! We’ve gathered the easy ways and tips to build an effective budget plan!


budget plan  



Enumerate your expenses

Monthly, how much do you spend on necessary expenses? Collect your bills from the past months and estimate your average expense on needs as water bills, electricity bills, etc. From there, determine how much you spend on your wants.


Create a sustainable saving scheme

Some people can save 50% of their monthly income by squeezing in their monthly expenses, while some people save 20%. How much you can put aside depends on your expenses. It’s best to cut down on your wants, and spend only on your needs.



What are you saving for? It’s easier if you set a goal and identify exactly what you’re saving for and how much you achieve to save in a period.


Say No!

This is perhaps the hardest part of the plan. In theory, it’s easy to save money. But in practice, there’s just too much temptations! Learn to say no to the things that won’t help you achieve your financial goals.


The discipline it takes to constantly resist temptations and prioritize your savings takes practice, so don’t be too hard on yourself when you slip up!


In MoneyMatch, you can put your savings to work and gear your savings to full-on growth! Grow your money by investing on loans or part/s of a loan, and earn monthly returns. Visit and learn more about how you can put your money to work!