Do you Think I'll be Rich?

We usually hear from financial experts to not be dependent on a sole source of income, no matter how stable it may seem. They always say to look for opportunity to earn aside from your steady salary. I think it is a logical advice, but no matter how I tried, I really am not a risk taker when there’s money involved – not a criterion of a good business man. What I was thinking is to earn using my skill, talent or interest – which I am still clueless whether I have any of those. lol Being a Korean english tutor is one good option, but I am not sure if I’ll be an effective one. I don’t have formal training and exposure to this kind of profession.

 

Yes, if you notice, I have tones of excuses and yes I’m tad lazy. I’d rather spend my spare time relaxing than stretching a bone for that extra money. Don’t you think it’s more fun to spend than to work hard to earn? Just teasing (but seriously, it is. hehe). Well, I’m still praying for a typhoon of money or receive a huge inheritance from a multi-rich - unknown relative.

 

Oh well, at least there’s blogging for me, the closest way in earning extra.     

Drought on Rainy Days

July is supposedly a wet month but ironically, I think it’s a dry month. Ever since we (mi esposo and I) became the breadwinners, July is our most dreaded month – talking about the budgetary aspect, okay let me include August and September (just to pre-empt. lol). During these months, where we, as mere employees, do not receive any additional financial entitlements, these are the months where we solely rely on our net salaries for our household budget. But over the years, we have learned to adjust and surpass this ordeal with a lesser impact on our savings. We’re not financial experts but let me share some of our means in surviving with tighter belt and fitting into a smaller blanket.

Aside from the usual “save on utility expenses” and “shift to a less luxurious lifestyle” you can also add these:

• Minimize, if not avoid using credit cards. Using credit card leaves an impression that you have a lot of cash-on-hand, so you tend to overbuy. Sometimes you literally have cash-on-hand (since you did not pay in cash) and may divert the use of it to a lesser priority.
• Turn-off the car AC approximately 500m away from your destination, it saves a lot on gas consumption.

Like they say “this too shall pass”. It’s the 20th, 11 more days and July will be over. 2 more months and we’ll start receiving the most awaited bonus(es) - let's keep hopeful.