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How to build an emergency fund

If you read my last article, I discussed about the importance of building an emergency fund, which is money you set aside in the case of unforeseen events, like sickness, a loss of job or income, house repairs, vehicle maintenance or breakdowns, and many more.

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Emergency fund

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Emergency fund

As we prepare ourselves for an extended vacation during this Lenten season break, many will travel by land to visit their own loved ones.

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Financial stress

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Financial stress

We have bills we can barely keep up with. We are neck deep in debt. Our personal relationships are starting to feel the blow of our financial struggles and we may even be losing some friends along the way.

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Poverty mentality

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I firmly believe that one of the most alarming reasons why a lot of Filipinos struggle financially is simply because not the state of their income but the state of their mind.

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One of the most important questions that you need to ask yourself is how do you define success? This will impact not only the kind of life you want to live, but also the way how you live your life.

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Some simply avoid it so that they don’t give away too much information that might compromise their security and privacy.

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