Alin ka dito: Money Jars Method, Alkansya o Envelop Style

[MisCalculus]

Envelope style ako.
I always withdraw all my sweldo from my atm (payroll), nag-iiwan lang ako ng at least 1500 for emergency use pag nasa labas ako i.e., biglang yayaan kumain sa labas or may kailangan palang bilhin.
Then I list down my expenses for that period,  saka ko ilalagay yung money sa envelope or with paper clip w/ label... Lahat ng tira goes to my savings. I have my personal atm, pass book, and another envelop for "extra or miscellaneous"  aka savings pa din.lol! But I only spend the latter pag may kailangan ako bilhin for myself like new gamit or medicine.

I don't deposit them right away, iipunan ko pa muna para minsan lang magpunta ng bank. I'm contemplating on using a portion for investment, konti pa lang kasi, medyo afraid pa ko take a risk.
I have mishandled my earnings before, bata pa kasi ako that time, di ko pa agad naisip ang future ko or needs ko for emergency situation. But I have learned my lessons now and i'm trying to manage my earnings wisely na.

[Ma.Jewel_1987]

I tried the envelope method before pero hindi nagwork sakin lagi ko nadudukot kahit nakalagay pa sya sa de-padlock na cash box. Kaya nilipat ko na lahat sa bank tanging natitira lang na hindi ko ginagalaw sa envelope is yung pang tithes ko 10% hindi ko talaga to kinukuhaan kasi nakokonsensya ako para kay God kasi.

Then I opened another savings account for my EF then may alkansya ako dito sa office, hindi ko pa alam kung para saan to hehe baka gala or pang shopping sa bday ko.

[Annie M.]

For small amounts, I use a small accordion file (envelope size) similar to this:

http://www.twotwentyone.net/wp-content/uploads/2014/05/coupon-and-receipt-organizer-550.jpg

Got it for less than P100 sa National. It's nice kasi you can label each tab. Halimbawa in my case, if I want to put away small amounts for upcoming expenses like:

Father's Day Fund
Inaanak Fund
Christmas Gift Fund
Bday Blowout Fund

I save small amounts like 500 a week. By the time the occasion comes, may huhugutin na

[sleepy_grfld]

Envelope Style pero hindi consistent.haha

[hakunamatata]

Alkansya type pero yung tig 10 peso coin lang ang nilalagay, parang hoarding ng 10 peso coin hehe. Minsan madami akong nalalagay minsan kaunti lang. hindi pare parehas. Pero the last time na ginawa namin yun nakabili kami ng bed ni hubby worth 7k.

[Evolet027]

Bank account and Envelop style

1. Bank Account - usually ito yung 20% savings ko per sweldo, they go to my BDO and BPI savings account
2. 1 pouch here in office for my 12-month saving challenge ( which pag nakaka ipon na ko ng 5K hinuhulog ko na sa item 1.
3. 1 pouch ulit here in office, tira tirang baon ko per day. Example my baon for the day is 300, nagastos ko lang is 150 kasama na pamasahe, what's left will be put in this pouch. So ginagamit ko to pag me emergency na kelangan bilhin or lunch out or dinner.


I also have an excel to track my expenses and coming expenses for the next cut off. So mabilis ko na mamanage and na pe predict ang gagastusin or iba budget ko sa next cut off. And I try to live within the budget na matira after all the savings and expenses na nilagay ko sa excel. so far, it is working kasi na ko conscious ako sa bawat lumalabas na pera kung tama ba ang pinupuntahan. But, nagtitira pa rin ako ng 3-5k worth or money pang labas namin ni hubby or shopping.

[quennna]

envelope style:
40% for necessities - utility bills, food, transpo, groceries, cel/wifi bills
20% ffa my golden goose - intended for insurance/savings/investment (dapat laging dinadagdagan, never never babawasan)
10% ltss - mga bagay na gustong bilhin like clothes, shoes, gadgets
10% play - if like ko pa salon, spa
10% give - in case may taong gipit.. di ko na pina pautang binibigay ko na lang / ibang portin tithes sa simbaha, st pio, 700 club
10% educ - pang attend ng mga educational seminars, books/ebooks

yung envelop ko may label yan..
then may piece of paper ako para nakabreakdown yung pera

date   reference (kung san galing pera) amount      running balance

then sa necessity ko, allotted na yan with paper clip and note, etc P1,500 (meralco/water) P2500 (cel/wifi) lahat mnay budget...

then may softcopy din ako na nakaexcel dapat banggang yung excel sa cash on hand/allocation ko...

ang sarap mag manage ng pera...

[Evolet027]

ang sarap mag manage ng pera...

my favorite! :p

isa pa, mas ok pag na mamanage mo pera na me listahan ka to track down lahat, before nung wala pa ko excel, super na so short ako palagi kasi wala sa isip ko yung mga dapat paglagyan ng pera. so nung nag GT ako, yun na nag start ang pag ba budget ng pera.

[blackgreen]

Iba style ng budgeting ko pero parang envelope style na naka-excel file. May certain amount per expense tapos everytime gumagastos ako inuupdate ko yun file para nakikita ko kung meron pa natitira for that line item. Example grocery namin sa bahay 4k a month kung nakapaggrocery kami worth 2500 iuupdate ko si excel tapos alam ko 1500 na lang allotted for grocery budget.

[quennna]

may excel din ako ng daily expenses the sa baba naka lagay kung anong activity ko for: ayala, puregold, spa


para may reference ako kung ano ginawa ko that day... at saka pang ebidensya ko yan kay hubby just in case na hanapan nnya ako ng perang binigay nya sa akin.... effective infairness hehe

[shayne_12]

Envelope style din ako tapos nilalagyan ko ng label. Bills, travel expense, and other expenses. Usually yung mga natitira sakin nilalagay ko sa other expenses pero sa totoo lang wala pa akong nilalagay don lagi ako dumudukot. hehe

[snowberry]

Derecho bank  for savings and checking  ,plus envelope for 2 weeks allowance, wallet for daily allowance.

[quennna]

then at the end of the day.. lahat ng barya ko
naka clear alkansya na sya, hiwalay ang piso sa P5/P10 and 25 cents..
last year more than P1k naipon kong barya..

sis speaking of barya, dapat mabalik na yan sa bank ha.. di ko lang marecall until this year na lang sya kasi papalitan ng bago..

[rastagurl11]

tin can for coins, bayong-ish envelope for bills.

[mebpa]

sis speaking of barya, dapat mabalik na yan sa bank ha.. di ko lang marecall until this year na lang sya kasi papalitan ng bago..

pati ba coins sis? kala ko old bills lang. this year pwede pa ipanggastos but next year yun old bills hindi na pwede gamitin but pwede pa ipalit sa bank, but after that wala nag value yun old bill.

gusto ko i-try yan jar alkansya/jar method. yun bills ko naman online so diretso sa bank with my savings and others. pero yun food and groceries kase namen cash pa den. minsan sayang den yun mga change sa food and groceries, kung saan-saan ko nalang pinambibili. what I'm thinking of trying I'll have 2 jars 1 for food and 1 for groceries and lahat ng change ko for this month lagay ko kung saan ko kinuha pandagdag sa next month (pero same pa den yun amount na ilalagay ko next month) then pag medyo madami na ko naipon dun lagay ko na sila sa 3rd jar ko (Christmas jar).

[Ma.Jewel_1987]

Ang alam ko din bills lang not the coins.

[imaevelasquez]

Meron kami alkansya na puro 10's, which we started mga 2 years ago pa. I've tried na din yung envelope method pero hindi consistent most of our expenses are billed to our credit card like groceries, etc. Then if we have na yung account statement ng CC, we pay it in full thru online banking.  Most of our bills are paid online (kasi we earn points too, LOL). Kaya yung sahod namin mostly goes to our savings account.

I'm using an expense manager from Playstore which has been so helpful din to track my daily expenses. And dun na din ako nag-aallot ng budget sa app. It shows ilang percent na yung nagagamit sa budget, which is helpful naman sakin. At least I know if nag-ooverspend na ba kami. Yung mga sobra, we keep it in bank. Very little amount lang yung cash on hand namin kasi hindi rin kami comfortable having so much money on hand.

[PetiksPinayInvestor]

Money Jars nung nag uumpisa hanggang sa naging envelop style na

Here's my story - https://petikspinayinvestor.wordpress.com/2015/05/05/story-the-money-jars/

[Evolet027]

Hi sis  imaevelasquez! may i know what exactly is the android budgeting up you are using?? Baka ma DL ko rin, try ko gamitin. Thanks!!

[px17]

Alkansya and Accounting Style

For 5 and 10 pesos coins sa alkansya yun lahat. Mom ko ang nagstart  neto. Tapos every year pinapapalit namin sa bank. Last year naka 10k kami for coins lang.

Accounting style. Every time bago magstart ang month naka excel na ang utility bills + other expenses. Plus nilalagay ko ang due dates. Sa other page nakalista din ang daily expenses na hindi nakabudget like for example nagdinner kami sa labas.

Lahat ng transactions ko I do it online. I pay meralco, maynilad, PLDT, cc, and Sun thru online banking. Tapos print ko yung transaction receipt then attach ko sa bills tapos itatabi ko na sa folders na may labels. Mejo takot din ako sa pera as much as possible hindi ako maglalabas ng cash sa bank hanggat hindi ko kailangan. Meron lang akong 1500 sa wallet palagi for emergency.

Mejo hindi effective sakin ang wallet style. Meron akong wallet na hindi ko dinadala. Yung 500 and 1000 dun ko tinatabi pero minsan nagagamit ko. Pero most of the time naman nakatago lang siya kapag may emergency dun kami kumukuha.