Category Archives: Condo in Quezon City

The Joys of Being Alone: Becoming Financially Stable

one dollar bill, dollar, dollar bill, franks, white background

Financially stability is probably every Millenial’s dream. Born in a world of economic meltdowns, fiscal and monetary policy, these individuals often look forward to easing their worries regarding finances.

They start early – they look for jobs and side hustles, build empires and turn their passion into business ventures. Of course, the path to these isn’t easy. It can be a breeze when you know where to start.

To help you get started, here are some hacks to financial stability.

1. Build your emergency fund.

There’s no other solution during difficult times than to establish a sizeable amount of emergency funding. Each day unexpected events happen to each one. What’s worse, the outcomes are unpredictable. Some events result in greatness while others result in depression (not the illness).

These events not only happen to us. They also occur to people close to us – parents, siblings, and children. When these occur, you must be ready to buffer against the hardship. A sudden layoff, sickness, and death entail costs that can eat up your operating expenses. An emergency fund will help you sail through them.

If you’re a regular employee with a monthly salary, it helps to save six months’ worth of expenses. Entrepreneurs, people on commission and those without a fixed income must save a year’s worth for their expenditures.

2. Expand your income base.

It will take you awhile before you reach the ideal amount for an emergency fund if you have a meager paycheck. A minimum wage will only get you so far – utilities, food, other necessities, and the remaining for savings. You won’t have enough for investment which is crucial to make your money grow over time.

Thus, you must get creative and bust some move to gain some moolah. Some people get a side hustle on top of their 9-to-5 job. Others explore their passion until they start making something out of it. There are guides and tutorials on the Internet that can guide you and become your inspiration to grow your money.

3. Explore community services.

Privatization and exclusivity may be convenient and fancy, but it’s highly expensive. An Uber ride to work is double the amount of your daily train fare. Therefore, commuting is highly sustainable compared to other modes of transportation. Exploring the travel route from Trinoma to Vertis North saves you a couple of bills while doing good to the Earth.

The same goes for biking and walking. It doesn’t only decrease your expenses. It also minimizes your carbon footprint. Besides commuting, common areas like public parks, museums, and libraries are sources of culture and entertainment. Most of these establishments offer a small fee (often the entrance fee) to maintain their operation.

TL, DR: You can be part of something without spending a ton of money just because of exclusivity.

4. Set a partition on your utilities.

Scheduling bill payment twice a month between both paychecks is a life hack. It spreads out your money and extends your budget. To do this, include electricity and water bills in the first half of the month. The other half covers the remaining expenses such as cable, Internet and other payables.

You can throw in other expenses such as groceries and household expenses in the mix. You can do grocery shopping twice per cutoff. That way, you can easily track where the bulk of your money goes.

5. Use budgeting apps.

There’s an app for everything. There’s an application for budgeting for sure. Hence, use the power of technology to cultivate lasting financial habits. If budgeting and monay management isn’t your cup of tea, you can rely on apps to balance accounts and compute your expenses for you. All you have to do in input the complete details to arrive at an accurate computation of your payments and net income.

Maintaining a savings account and paying off a loan is easy when you don’t have obligations. Family members can add to the bulk of expenses without contributing to income. Thus, use these tips and hacks to maximize your earnings. Once you have enough, start growing your passive income. Being financially stable is based on a having a fixed passive income.

Photo from Unsplash


6 Worst Case Scenarios You Might Encounter In Home Searching

If you think that searching for a home is a piece of cake, then you better think again. Even if you want to invest in house and lot or a condo in Quezon City when you are not careful on the things and decisions that you make, you will encounter troubles in the long run. And I’m sure you don’t want that to happen to you, right? As a home investor, you have to know the things that should and should not do for you to avoid unwanted situations.

When you are a first-time buyer, there will always be new situations that will come your way. You might be familiar with some things, but you cannot avoid situations that can compromise the real estate transactions that you have.  However, you can avoid these situations if you know how to approach those circumstances. Some of you here might wonder and ask; what kind of situations that a first-time homebuyer encounter?

When searching

Whether you believe it or not, there will be hundreds to thousands of real estate property that you can choose. Whether it is an apartment, condo, or a house and lot, there will be lots of them in online real estate listings. And mind you, if you are not careful enough in choosing the right home, then you might regret it later on. Searching for the right home is also a hassle on our part. Of course, you should choose a place where it can fit your lifestyle. And I’ll tell you, even if there are thousands of available places, only a few may suit your needs and preferences.

The upfront costs

One of the deciding factors most home investors usually depend on is the upfront costs. Even if it fits perfectly into your standard, if the upfront cost of the property is too expensive for you to pay, then you might not get what you want to have. And if you are slow when it comes to your decisions about whether or not you are going to pursue on having it even with its high price, then someone will get the property instead. If you’re going to choose a particular property, then you have to make sure that you have enough budget for you to own that kind of property.

A quirky landlord

If you are a kind of person who does not want to be under control over a landlord or a property manager, then you better choose to buy instead of renting. Yes, landlords are quirky at times, but they also have the right especially when their tenants are hard headed when it comes to following the policies and with their monthly dues.

Outdate amenities

Whether you like it or not, not all properties that you invest have the best facilities in their place. And one of the reasons why some property owners don’t invest in a state-of-the-art amenities, it is because even if the amenities are not that classy, there are still people who are willing to invest in that particular home, for as long as the appliance are clean and functioning. However, if you are a kind of person who wants more than the basic needs, then you better find a place that can fit your standard.

When damages are not taken care of immediately

There are some of you here might have experience moving into their new home even if they know that there are still some damages that need repair. Well perhaps, they just move in since the property is all set and they need to move out of their old house ASAP. However, there are also times that the damages are not taken care of immediately. The damages will get bigger and bigger. And mind you, it will be going to be one of your headaches if not taken care of immediately.

Partying neighbours

There will always be times that you cannot control the situations around the neighborhood, especially when they are going to host a party. Of course, you don’t want to be labeled as “killjoy” right? Hence, you have to endure the noise until the end of the party.

Remember, in every situation that you encounter, it may bring you good or bad. It will always be up to you on how you are going to handle unwanted situations that you might face in the long run.