Tips and Tricks

Money Matters: 4 Mummy Money Tips

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Financial literacy is not being taught in school that more often than not, it is up to us mums to instill the value of money-saving especially to our small children. When I was a child, my Mama and Papa encouraged us to keep our own coin bank {we have each a coin bank made from bamboo, which we call bungbong in our vernacular} and save what little extra we have from our daily baon. It may not amount to much but it will come handy in times of emergency. I have passed on this tradition to the little man. It is a great way to teach him about Math and the valuable lessons about saving and managing his finances. Although, he does not have any other plans on where to spend his money other than buying new toys, I am sure that as he grows his buying preference will soon include purchasing books, buying school essentials, and perhaps, saving up his money in the bank, too!

Here are a 4 Mummy Money Tips from our friends at MoneyMax.ph that I thought you’d be interested to teach your little ones, too. After all, it is never too early to teach them about saving to prepare them for a financially-secured life in the future. Teaching them as soon as possible will give them plenty of practice and will soon discipline them opt to save their money for emergency use instead of buying the latest toys, clothes or gadgets, or purchasing any expensive cajon accessories.

So which money tip are you most likely to teach your children and why?

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Money Matters: Check Out This Ovialand Investment Video

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Investments need careful planning, assessment, review, research when it comes to the business being eyed for. For real estate it takes intelligent decision making, finance-management skills, intensive research.  Definitely it will help to do background checking on the developer whether it’s reliable, trustworthy and responsible, with only the client’s benefits in mind. So planning to invest in the real estate business, you need a responsible developer, a company like Ovialand, Inc., where premium living is what they designed for clients.

Ovialand Inc. has over 30 years of experience in residential development where all its projects were delivered to clients. Ovialand Inc. is a real estate developer that commits to providing premier living to its clients through its many projects, the latest being the Terraza de Sto. Tomas in Batangas. For every transaction, clients can expect nothing but excellent service all the way through. There is no second guessing at Ovialand because they make sure that clients’ most significant investment is its topmost priority.

Mum’s Two Cents

Planning to invest on real estate is really not an easy decision to make. You have to take into consideration a number of factors that will help you make a sound decision. It is also a must to choose a developer that is not only reliable but is also trust-worthy and is able to deliver what is asked on a timely manner. I sure hope these tips and tricks from Ovialand Inc. will help you jump-start your real estate investment plan.

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mum's thoughts

Retrying The 52-Week Money Challenge

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mum's thoughts, 2016 goals, money matters, money talks

One of our main goals for 2016 is to save up so we can finally have enough for a house down payment. Yes, it may be a hefty amount to save up for, but with constant discipline plus frugal-living, not to mention a sufficient amount of prayers, am sure we can realize this goal within this year, or at least start with something substantial as the year ends.

One of the most effective methods for me to save is joining my sister’s cooperative/paluwagan at work. I have been doing it for several years now and it is really effective. I pay Php500 every 15th and 30th of the month, and by the end of the year, I managed to save up Php11,500 plus the interest my money earned over the course of the year. For 2014, my money earned Php800+ and there is no way it will earn that much if I kept it in the bank. The money I get towards the end of the year is spent on gifts for the family, some of my wants that aren’t too expensive, while I deposit half of it to the little man’s bank account. The money I saved up last year will go to the little man’s 7th birthday fund later this year. This year, the amount I will save will all go to our savings for our future dream house!

In order to save more, I am eyeing to do another round of the 52-Week Money Challenge. I have tried doing this 3 years ago, but I only managed to keep up until half of the year. Hopefully, I can follow through and finish the challenge this time around. I printed a copy of the spreadsheet using Mommy Levy’s 10-Peso Excel File, since I thought it was the most reasonable amount for me to save. Mommy Levy shared 2 more denominations for those who want to save more. I printed 2 copies of this table so Jared’s dad can do the challenge with me. I put my copy on my tin box where I plan to stash the money until it is big enough to be deposited to the bank. If I finish this, I will be able to save Php13,780 towards the end of 2016! I sure hope I can follow through and finish this challenge until the 52nd week! :yes:

If you plan to save up this year, you may want to try the 52-Week Money Challenge, too. And if you want to share other methods of saving, I would love to hear all about it!

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