Career & Finance

How To Effectively Budget Your Money

Trust me, any budget adviser will tell you that the one thing you need to accomplish first before saving and investing is to learn how to budget effectively.

Budgeting is the process of allocating your time, money and other resources to a desired plan over a given period of time. In terms of financial management, your budget should focus on the total amount of money you receive over a certain amount of time. Your budget can either be daily, monthly or annually but one thing’s sure— no matter what type of budgeting scheme you will do, you should be able to create an equation.

I have made two previous posts about how I budget my money. First is the Envelope Style and the second one is the Notebook Style. Both styles worked for me and until now I alternately use the said styles in budgeting my money.

With that being said, this post will help you find tips on how YOU can budget your money effectively. I know how hard sticking to a plan is, so today i will be sharing with you the things that helped me in a lot of ways.


I know it sounds cheesy and a little cliche but it makes a huge difference once you set not just your mind, your heart but also your soul in your budget. Right attitude and right mentality, ika nga. Always note in yourself that you have a budget to stick with. That this time you are making a change in your financial capabilities.



Goals will help you be motivated in the budget you just created. It will serve as an inspiration, so it’s better to list down your goal in every budgeting that you will do. Make sure to create goals that are attainable and are within your interest. If you really want that out of town trip, then write it as the top goal in your budget plan with all capital letters para mas lalo kang ganahan.



The topmost reason why a person fails to budget effectively is the lack of strong will to hold on and accomplish the budget. Not because you failed the first time does it mean that you are already a failure. Only those who quit easily are justified to be called a failure. If the budget for the month of January didn’t work out well, then try to do another one for the month of February. Do not stop until you found out a budget plan that works perfectly for your needs.

About the Contributor

Izza Glino is the lady behind SavingsPinay (A Financial Journey of a Common Pinay), a blog that gives financial tips and tricks for everyday living. She also owns a beauty blog called and a blog that gives free life courses to improve one’s being, A Journalism graduate from Polytechnic University of the Philippines, Izza believes that age should be a person’s greatest advantage. You are never to young or too old to dream.

This contributor is a customer of The Coffee Bean & Tea Leaf®.

See all of Izza Glino's posts →

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