Savings

Savings Tips That Will Change Your Life Part 1

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Savings Tips That Will Change Your Life Part 1

In terms of looking for ways to save money, we’ve seen it all. Almost everyone has their go-to way to save, ranging from the mundane (clip and use coupons!) to petty criminality (take home toilet paper from work). In this post, I will share some savings tips that can potentially change your life. Potentially because it’s still up to you if you’ll apply them in your life.   All of these have and continues to work for me. I hope you can incorporate some of these ideas in your journey to a better financial future.   True, saving money can be a struggle especially if you’re new or out of practice. But just like exercising our bodies, our money-saving muscles will get stronger the more we use them.   Saving money is only hard at the beginning but becomes easier as we go along. The most important thing is for […]

Personal Finance

How to Calculate Your Real Hourly Wage and Why You Should Do It

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How to Calculate Your Hourly Wage and Why You Should Do It

Here’s a very neat method I learned from the classic personal finance book,  Your Money or Your Life: how to calculate my real hourly wage and why I should do it.   The concept is this: we only have a limited time on Earth and we exchange a portion of that time to go to work and earn money.   That means we are literally giving up our life for money. Which raises the question: are the things we’re spending money on worth the life we’re giving up to buy them?   How to Calculate Your Real Hourly Wage Coming up with our real hourly wage isn’t as straightforward as we’d like to think. We think that our salaries (including benefits, etc.) is our real wage. Not so.   The real hourly wage is computed by considering how much you actually earn when you include costs for you to be able […]