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.
- 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.)
- 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.