How I saved P2,500 a month by changing 2 things

It can be done, Manila, it can be done!

Aside from my day job, I also work as a part-time virtual assistant. I will do tasks my virtual boss needs me to do for his online business and communication needs. Unlike other businesses, his usually slows down during the holiday season, and that meant there were less tasks to be fulfilled and so when I do not get work, I don’t get paid.

It was rough for us a few months leading to the holidays, but God has always been faithful.  As it says in James, “Blessed is the man who perseveres under trial, because when he has stood the test, he will receive the crown of life that God has promised to those who love him”(James 1:2).

We’re OK now, thank goodness (!), and my girls are all smiling through the experience.

Maybe you’re going through a tough situation right now.  The holidays must have put more pressure on you to spend and it got out of control. It’s time to tighten the purse one more time to pay off those holiday debts.  We have to. The Bible in Psalms 37:21 says, “The wicked borrows and does not pay back, But the righteous is gracious and gives.” And we want to be counted as “righteous”, don’t we.

We’d like to help you so here’s how we’re saving P2,500 a month for debt payments.

  1. CUT afternoon UBER rides – we don’t own a car and have taken UBER rides going to and from office/school and weekly chores. Our family budget for transportation per month is P5,000. Cutting afternoon UBER rides saved us P2,000/month. I have a renewed appreciation for public transport!  (photo below shows me walking to my jeepney ride.  Funny that everyone is calling me “sir”! haha.)
  2. CUT cable TV – huge struggle, but we were determined to stop the subscription. We saved P500/month and have found many ways to entertain the family home everyday.

P2,500 per month now goes to determined debt repayment. We’re still looking for ways to save more to fast track our recovery.

Jim Reyes is an I.T. Director, a veteran radio broadcaster, and recently the national director of a Christian media ministry. He has been involved with broadcasting ministries such as FEBC Philippines, United Christian Broadcasters, TransWorld Radio Philippines and The Christian Broadcasting Network - CBN Asia.

Please note: I reserve the right to delete comments that are offensive or off-topic.

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2 thoughts on “How I saved P2,500 a month by changing 2 things

  1. These are great suggestions. We are also trying to find ways on how to save most especially the holidays and our move to our new home has really taken a toll in our budget.

    Still asking for God’s financial breakthrough and at the same time, wisdom on how we can save so that we can live with less worry.

    Happy New Year to you and your family!