Before I tell you the many ways I did to save that amount of money, do take note that these are the years 2000-2004. I did not get myself a dorm, I commute a total of 1 hour and 30 minutes (NO traffic). My allowance per day, a measly P150. I did not have a bank account, just an old squared aluminum piggy bank, was never introduced to investing, and never worked part time. I was just a plain student then. So how I did it?
Here are the ways
1. Going back, I believe the most important thing I did to have that P15,000 is to DECIDE to have it. It was one of my end goal. I promised myself that before I graduate, I should have a good amount of money to jump start in my chosen career. I was focused and determined.
2. I Budgeted my allowance. I made up a formula and made it automatic.
Allowance - Savings = School expenses
Fyi: I continued on with this formula when I started working. It was a huge help.
3. Free Ride. Commuting all the way from Laguna to Cavite everyday is no easy task. I guess I was just so lucky to have a classmate who's regularly fetched by her dad. She offered a ride and most of the time I would go home with her. It surely saved me a huge amount of transportation cost.
4. To save on food, I would just buy lunch at school and bring my own food for merienda. Sometimes, me and my class friends would just buy a heavy hotdog sandwich instead of rice and ulam.
5. During holiday season, I would see to it to set aside ALL cash gifts.
6. Spend quality time in the library. This practice saved me a lot from having to xerox truckloads of research notes. I would regularly visit our huge and comfy library and jot down all important notes I need on my assignment and research papers. I would also start drafting my notes.
7. Go to school EARLY. Would you believe if I tell you that there was a semester when my first class starts at 1pm and I'll be at school by 7am? Excited for class? Nope. I'm just making sure I'm using the money I paid for our Miscellaneous Fees. I'll come by our computer library and be surfing the net for 2-3 hours! Of course that's FREE! I must confess, I get excited surfing MTV and my fave artist official website. To save more money, I would use that chance to type all my research assignments and projects so I would not have to go to Internet shops. Plus, I really hate commuting around noon time, it's much polluted and hot.
8. Home-School-Home. You see, my day has already eaten up by my long travel time. Therefore after school, I would just prefer to leave immediately so that I could have time to do other things at home. Having a distant location from school would not permit me to stay late. Besides, going to the nearest mall at that time spells heavy traffic so I'd rather stay home and relax than going out and have all those temptations of wanting to spend.
9. SELL STUFF. I guess I really do love selling and marketing of products I believe. To earn extra money, I would sell my classmates some beverages from my dad's part time business.
10. Join CONTESTS. I proud myself for having been gifted with creative hands. So to make use of it, I would sometimes join art contests and save all the cash rewards.
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