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Students are still dependent on their parents, they practically do not pay for anything, so they can bring in money to their piggy bank. If an average allowance ranges from P100 daily and if they just save 50% of this to their piggy bank. I said income because I started my sales career at 12. I can still remember when I was a student, I was saving 50% of my income. Similarly, when you bring your own water bottle and refill it from home, your savings are also guaranteed!īe Eager To Set Aside Money For That Piggy Bank Imagine how many 300ml bottles you can refill from that 5-gallon water refill? If you drink at least 3 bottled water a day, you’ll have a savings of P60 daily, that’s over P20,000 per year!Īccording to studies, food businesses actually earn more from their beverage sales rather than their food sales this is because beverages are a must when we dine, hence, sales are guaranteed. This strategy does not only benefit your finances by saving, it also promotes good health and proper nutrition because you can design your food menu according to your nutritional needs.Ī 300-ml bottled water can cost P20 at average while a 5-gallon water refill at home can cost P50. If we just save 150 a day x 20 days = P3,000 a month x 12 months = P36,000 per year. If you think bringing packed meals is old school, think again.
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If you buy your food from the grocery and prepare them at home for the next day’s packed meal, you would’ve spent only P40 – P100 with plus bonuses alongside such as larger meal proportions and assured clean food handling and preparation.
Nowadays, a decent meal can cost P60-P150 if you’re on a budget. One of the major reasons why my allowance as a student was always enough is because I didn’t have to buy my own meals – my parents prepared them for me.