In 2013, we challenged you to save P100,000 throughout the year. Jen, our staff writer, put her own money tips to the test by actually trying those herself. And while she did admit that she encountered quite a few hiccups along the way, she's P100,000 richer by the end of the year!

This time around, let's kick things up a notch by committing ourselves to save more than P100,000 by December 31, 2014. Ever heard of the 52-week money challenge that has been making rounds on social media recently? This saving scheme adopts the same principle--just set aside multiples of P100 every week all throughout the year, and you'll end up with a whopping P137,800 by the end of 2014!


What we love most about the 52-week money challenge is that you could tweak it to fit your budget. You could go for multiples of P10, P20, P30, P40, P50, or any amount that won't put a dent on your finances.

Committing to a weekly savings scheme may sound daunting at first, but it's not totally impossible. Have a self-imposed budget that you will follow at all costs. Stay on track by keeping tabs of your daily expenses with the FN Resolution Tracker, and try to see where you can cut corners. Ditch your daily cab rides (take the train or split the cost with your friends instead), go for cheaper coffee alternatives, bring your own baon to work instead of splurging on lunch and merienda, look for rakets for additional income, don't spend your 13th month pay, and resist the urge to spend, spend, spend! Don't lose sight of your goal, and you'll soon discover that you could pull through seemingly overwhelming challenges just through sheer willpower alone. Happy saving, FNites!

(Illustration by Sabrina Lajara)

watch now
Get the latest updates from Female Network
Subscribe to our Newsletter!
Trending on Network

Latest Stories

Netizens Unearthed Clues That David Licuaco's Mystery Ex-Girlfriend Is Sue Ramirez

David revealed in an interview that he cried over a breakup with a certain Kapamilya actress.

Jennica Garcia Almost Became an OFW So She Could Provide for Her Kids

She admits to reaching out to ABS-CBN amid her struggle to find acting projects in the Philippines.

Carlo Aquino Says Ex-Partner Trina Candaza Hasn’t Been Replying to His Messages About Wanting to See His Daughter

According to the actor, his ex-partner has allegedly not been following their co-parenting agreement.
Load More Stories