Comments on: Money Saving Tips For People Who Hate Saving Money

By: Fitz

Fitz — Fri, 21 Oct 2011 21:19:23 +0000

Hi Mary Ann. I am not from BDO and I cannot really speak for them, but in my personal opinion, your money should be safe.

I would just like to advise that you should do all your transactions inside the bank, with authorized personnel only to avoid any issue. Also, always read well and keep all the documents that you will receive.

If something is not clear or you have concerns regarding the BDO Optimum Savings account, then don’t hesitate to ask the branch manager to explain it to you. If you need further help, just send me an email and I’ll see what I can do. Thanks!

By: Mary Ann Kidayo

Mary Ann Kidayo — Fri, 21 Oct 2011 02:01:08 +0000

Magandang araw po sa inyo ginoong Fitz,
nais ko lamang po sanang itanong kung sakaling nasubukan ninyo na po ng aktwal ang pagiipon sa tulong ng BDO Optimum Savings? gusto ko po sana kasi malaman kung sigurado pong hindi babawasan ng BDO ang aking kapital sakaling magumpisa akong maghulog sa kanila kahit na bumaba ang economiya? salamat po

By: All the Things I Did Before I Bought My House

All the Things I Did Before I Bought My House — Tue, 17 Aug 2010 17:38:15 +0000

[...] guest post shows us several lessons: the power of automatic savings, the value of research and due diligence and how leveraging can really help us achieve our goals [...]

By: Fitz

Fitz — Mon, 29 Mar 2010 20:35:59 +0000

Hi BD, no I have not yet read that book. Is it good? In any case, paying yourself first is a concept I first encountered from the book, The Richest Man in Babylon.

By: Bruneian Dollar

Bruneian Dollar — Mon, 29 Mar 2010 17:52:42 +0000

Nice post. I like how your managing your Filipino/Filipina community here too. Which by the way, I think I feel like I’ve read this article before. Have you read the book by Azizi Ali from millionaireplanet.com? He mentioned almost exactly what you wrote here. The idea was to “Pay Yourself First, and then the World.”

Likewise, for health reasons, “Take care of yourself first, and then the world.” as would doctors recommend their patients.

Just my two cents.

By: Fitz

Fitz — Wed, 08 Jul 2009 20:00:06 +0000

Wow jonharules, those are really great tips. Thanks for sharing them.

By: jonharules

jonharules — Wed, 08 Jul 2009 00:07:40 +0000

The first step to saving money especially when you don’t fee like doing so is to DECIDE. I realized na medyo matagal na ako sa job ko bilang call center agent pero wala pa akong nasisave. Ang kaibigan ko yung unang nag-encourage sa akin. So then I decided to make a change, nagsave ako paunti unti. Kahit sa 5000 mong sweldo, take 1000 and you’ll be surprised na dadami at dadami rin yan.

Also, determine your needs para naman maiwasan ang mga unnecessary expenditures. Don’t forget to follow the list of NEEDS at hindi yung WANTS kasi walang kwenta ang paglista lista kung hindi rin naman susundin.

Next, choose a bank na hindi gaano kalaki yung initial deposit at maintaining balance or doon nalang mapupunta yung savings mo! I found a bank named Citi Savings Bank, it’s a thrift bank na 100 lang ang initial deposit, unlike most banks ngayon na 1000 or worse, 5000 and initial deposit, so yung savings mo sa kanila pa mapupunta. Make sure maasahan din yung bank siempre or all is lost! The last time I withdraw ng medio considerable amount, ok naman bigay naman sila agad. What I mean is, kung kelangan mo mahuhugot mo din. It has to be safe!

Wag kang withdraw ng withdraw, kaya I discourage ATM savings accounts, go for thrift savings banks, they will help you kasi they specialize in that area–SAVINGS.

Well yun yung mga steps na tinahak ko sa savings, sa awa ng Diyos ok naman yung nasave ko, pwede ng wag magwork ng isang taon.haha..pero don’t stop there kapag ka meron ka ng savings, keep on saving,it’s the key to maintaining it.

Keep a prudent lifestyle. Wag gasta ng gasta. Sige happy saving everyone!

By: Fitz

Fitz — Mon, 15 Jun 2009 08:25:34 +0000

Thanks everyone for the comments and additional suggestions on how to save money.

By: Kirstin Harad

Kirstin Harad — Wed, 10 Jun 2009 19:50:01 +0000

Great ideas here. I’d also add that When you are looking to save some money, I find it most helpful to list your expenses from the largest to the smallest. It really helps focus your energy on where you can make an impact. Too many people spend their time trying to shave a few dollars from the smaller items (which can be easy and worthwhile), but cutting one of your bigger expenses by just 5% could put a lot more savings into your pocket than things like packing your lunch twice per week.

By: Vic

Vic — Mon, 08 Jun 2009 17:17:39 +0000

Hmmmmm. Well done list Fitz,
What I always tell to my friends to save money, is to be addicted to it. Saving cannot be done in one mere action, it should become a habit. Commitment to the promise of saving money is one great key to achieve it.