Almost every Pinoy will agree that they’ve experienced crawling their way until their next cut-off. It’s alright; we’ve all been there. You’ve been waiting for such a long time for those branded sneakers to go on sale, and you’ve been anticipating that romcom movie to come out for months now. Oh, and it just so happened that your barkada wanted to have unli-samgyeopsal for dinner and go drinking afterward.

While it’s a totally normal thing to happen, it’s not such a good thing anymore if it happens frequently. Thankfully, we have tips coming your way on how to survive the upcoming petsa de peligro (and all the succeeding ones). Read on to survive!

 

Budget your sweldo

This is it! You finally have your paycheck for this cut-off. Think about how you’ll spend your hard-earned money wisely. Set aside money for your savings and all the bills that you need to pay for. If you don’t segregate them right away, you might trick yourself into thinking that you have more money than you really do!

Limit your cash withdrawals

It’s a good tip to schedule your trips to the ATM so that you don’t feel too excited about the amount you have in your bank account. After successfully budgeting and computing your expenses for the coming days, try to withdraw once a week, or just twice during the entire pay period.

No matter how tempting it may be, walk past that terminal when you see it in the mall or beside your office building. Discipline yourself so that you don’t spend your freshly withdrawn money all in one go.

Don’t be a 1-day millionaire

It’s very common for Filipinos to go straight to the mall on the same day they receive their salary. This is why malls are crowded, and Metro Manila traffic is worse around the 15th and 30th! While it is entirely alright to splurge and treat yourself every once in a while, you should still make it a habit to double-check the current state of your finances. Will your lakad today affect the state of your bank account tomorrow?

If you have a lot of things you want to spend your money on, perhaps you’ll be much kinder to your wallet if you only pick one thing to buy for now. Wait until the next cut-off or start a savings plan for really pricey items!

Learn how to say NO to night-outs

It’s not in the Filipino culture to decline or miss out on gatherings, whether it’s organized by your friends or simply by your family. However, sometimes it’s necessary to say no if you’re running low on cash.

Don’t worry about your FOMO—those hangouts will happen again soon for sure! Join next time when you’re more comfortable with your finances, so you can both enjoy yourself at the moment and not have to worry about your money.

Commute, commute, commute!

Taking a car is undeniably safer and more convenient, but it’s also incredibly costly. From gassing up to parking and toll fees, driving yourself to places can eat up a chunk of your salary.

If you can help it, take public transportation on some days, like UV Express vans, jeepneys, and buses. (Nope, Grab is not included, even if you have a promo code!) Remember: A little sacrifice will go a long way!

Bring baon or eat in a cafeteria

Prepare home-cooked meals, so you don’t need to spend much on food. Another alternative is buying from the cafeteria since it’s cheaper compared to restaurants. If you find a food stall you like, you can keep buying there and continue to save on bucks, petsa de peligro or not!

Have a backup plan

Sometimes, even if you try so hard to follow your plan, there will be unforeseen expenses that might throw you off your path. This is why it’s crucial for you to have a Plan B (and C and D)!

There’s always an option to dip into your savings account. Just make sure that whatever you’re spending on isn’t a splurge—you can use this for emergencies or urgent expenses. If possible, you can ask for your family members for a bit of cash to cover you for just a few days—with the intent of paying them back, of course.

There’s also the convenient option of applying for cash loans online. Cash loans are perfect for smaller amounts of money that can be repaid immediately.

With Cashalo, you can borrow cash at low fixed monthly interest rates that you can repay in a flexible timeframe that works for you. The best part is, all of this happens at the palm of your hands. Just download the Cashalo app on the Apple App Store or Google Play Store to get started!

Money emergencies are inevitable, but they don’t have to make a huge dent in your savings if you act wisely. Thankfully, there are now a lot of ways to recover should you catch yourself in those situations.