You know those last few days before your next paycheck? That period where you start to live on ramen noodles and tap water and wonder where all that money from your last paycheck went?
In the Philippines, we’ve even given that time its own hashtag: #PetsaDePeligro. It literally translates to “Day of Danger,” and while it’s not necessarily life-threatening (unless you count dying of hunger before your boss releases the next round of salaries), experiencing it one time too many can make you feel helpless, especially when you’ve been working for years and are supposed to be self-sufficient already.
Now, what if I told you that making a few tiny adjustments can help you steer clear of #PetsaDePeligro altogether? For instance, having a glass of water instead of buying that ensaymada for your second merienda can save you quite a few pennies, not to mention help you lose a couple of pounds too.
The truth is, a lot of the things we spend on mindlessly everyday can add up and consume a huge chunk of our budgets. Because they all seem quite tiny individually, it’s easy for us to underestimate their overall effect on our monthly expenses. This is precisely how a lot of us end up scratching our heads at the end of the month going, “Where the heck did my money go?”
Below is an infographic of some of the most common everyday expenses, how much they amount to in over a year, and what you can buy with the resulting amount:
Look, I’m not saying you should eschew your coffee or your favorite restaurant altogether. If you want to reward yourself for all the hard work you’re putting in, those things are great every once in a while. Take note, the key words here are “once in a while,” about once or twice a month, but certainly not every day.
However, when you look at how much money you can save just by kicking your smoking habit or opting to cook your own meals, the resulting amounts can let you avail of far more rewarding things or experiences, and in some cases, better health and perhaps even a fitter figure as one heck of a bonus.