Tips and Tricks

3 Tips to Save Money 2018 Edition

One of the things that I want to watch over this year is our finances. Last year, buying personal stuff was a priority (my daughter had growth spurt last year that almost all of her clothes did not fit anymore, I bought 2 pairs of rubber shoes because our company finally allowed us to wear it even on weekdays, the husband owned another motorcycle etc.) My family also enjoyed our travel (Zambales with friends, Batangas for my friend’s wedding)

P and I also spent quite a large amount of money last holiday season for family, friends, food, and aguinaldo for our 20+ god children. Sharing our blessings and having money to spare for the things that we want brought extreme happiness to me and my husband and since we were able to accomplish a lot in 2017, I would like to be more wise in spending this year in order to achieve greater things.

I made the list as short (and realistic) as possible. These tips in saving money can help both you and me in handling our finances better this year.

1. Practice delayed gratification

Delayed gratification, or deferred gratification, is the ability to resist the temptation for an immediate reward and wait for a later reward.

It’s typical for us to reward ourselves when we receive extra money from hardwork. My husband and I also do this. There’s nothing wrong with spoiling yourself every once in a while. This year though, I would like to start practicing delayed gratification for more satisfying rewards in the future. I haven’t created my dream board yet for 2018 but some of the goals I set require saving money for me to achieve it (Z’s Jollibee birthday party, a desktop, out of town with the kids) If P and I continue to indulge ourselves with instant gratification, there’s a little chance that we can make our plans happen. Longing to have a dream vacation, your own house or even your own business? It’s okay to not treat your friends or family members EVERY WEEK OR EVERY PAYDAY. Stop yourself from grabbing that new pair of shoes as you just got one the last time you received an incentive.

from Pixabay

Try this: When you feel the desire to make an unplanned purchase, instead of immediately buying or researching the specific item, consider checking your financial statements instead. Comparing the spending habits and expenses of bank accounts and credit card statements against the information within your credit report is a great way to curb your instant desire and motivates you to stick to your initial saving plan! Plus, checking your financial statements and credit report regularly can help you catch and dispute errors, thus helping you achieve your financial goals sooner.

Remember that just like love, better things happen to those who wait. So hold back before you spend that money, think of greater rewards that you can avail in the future.

2. Clean-up Facebook and Instagram accounts from shops and buy and sell groups (that you don’t really need)

With shopping made easy thru Facebook and Instagram, buying things you don’t really need is just a click away. Who can resist a chic mother and daughter twinning outfit or a branded watch for half the price? Online shoppers and buyers call it “steal price” and you end up ordering it without thinking twice. Trending items like essential oils and korean skincare products are temptations, too. Facebook share of new places to eat at is also trending nowadays and I am guilty of joining the bandwagon (It’s not all the time though and I still consider the price and location of the cafe or resto) But as much as I don’t want to admit it, I let myself get carried away by social media.


To cut down my expenses, I started unfollowing buy and sell groups and online shops on FB and IG. I do not browse my newsfeed that much as I am also changing the way I eat and if I happen to encounter a post about a new cafe which is accessible to my place, I might end up asking P to take me to it. Keeping temptations away from my sight helps in making sure that I don’t spend money on things I can live without. Clean-up your social media accounts and see if your spending habit will change.

3. Be creative in saving money

Have you read about Money Challenge on social media? One of the most shared posts last year (based on my observation at least) is money or ipon challenge. Filipinos love success stories about saving money and we are becoming more smart (and creative ) in finding ways to make it happen. An example is the 52-week Money Challenge I chanced upon from a financial group 2 years ago. 52 weeks because one year has this total number weeks and it requires weekly savings. If you are able to complete it, you can earn as much 60,000php by December 30th, if my memory serves me right. The starting amount was 100php and the amount you have to save weekly increases by 100php. It sounded like a good idea and I thought of doing it but did not pull through for some reason. Fast forward to today, I am glad that there are variety of money challenges you can try. Check them out on Google or Facebook. Just a tip, choose which one suits you best. It must be realistic and should not compromise your needs. Mommy Pehpot, a blogger from the Philippines, shared money saving tips and this one is perfect for me:

Photo from Mommy Pehpot

Majority of Filipino workers get paid every 15th and 30th of the month (we call it kinsenas katapusan) and that’s where this money challenge is based from. The amount that needs to be saved every payday is just enough, it won’t hurt your pocket plus, it does not have to be weekly, it’s bi-monthly, which makes it more convenient for me. I also shared this to my friends and one of my associates told me she started it last payday and she promised to finish this money challenge. I am excited to update each other about our ipon. ย You think you can do it, too?

The year is just starting and this is the best time for us to create plans, set goals, and make them happen. If you were financially challenged or need a nudge this time as you overspent last year, cheer up because it’s not too late to get back on your feet and save.


For other money articles by Nocturnal Mom Talks, click these:

4 Reasons Why It’s Hard To Save Money

5 Simple Money-Saving Tips


49 thoughts on “3 Tips to Save Money 2018 Edition”

  1. I did that money challenge last year and it was a success! Although, I did save up cause I wanted a new laptop and I ended up spending the lot on that but it was so much fun and fulfilling to be able to save up 30k!

    Liked by 2 people

      1. Oo, kayang-kaya naman basta disiplina lang. Last year nag weekly challenge din ako, at nabuo ko naman. 250php kada week lang muna, testing lang kung kaya. Eh nagawa ko naman, so baka pwede ko na siguro taasan pa yung amount.

        Liked by 2 people

      2. Mga nasa 15k lang yun, nag-add din kase ko minsan kapag may sobra pa. Hindi naman sya sobrang laki, pero pwede na diba? At least may naitabi. Tsaka aside dun may monthly din akong hulog sa mutual funds.

        Liked by 2 people

      3. Push na yang 15k. At least di mo masyado naramdaman na nagtatabi ka di ba. By end ng taon magugulatnka may pera ka na hehe. Di masakit sa bulsa. Speaking of MF, di ko pa naasikaso hulugannyung SunLife ko. Huhu


  2. Delayed gratification may apply to non-essential stuff. What happens when the essential stuff(food,etc) that you usually buy comes in a big sale? Got to think about that too. Good to stock up if needed.

    Liked by 1 person

    1. Thanks for the reminder, Josie ๐Ÿ™‚ That’s why the examples on my post are non-essential like eating outside every payday and getting yourself another pair of shoes when you just bought one recently. While saving money is important, we should not compromise our needs.

      Liked by 1 person

      1. You’re welcome,Meg. Buying the essentials can become a speed bump for all of us as we continue saving everyday. We must make sure that we set aside a certain amount for them so it doesn’t become distracting. For example, buying 1 sack or rice at a great sale price takes priority over buying ready-made sushi. If you really want to eat your favorite resto foods, it doesn’t hurt sometimes to try to make bthem at home pero iba talaga ang lasa kasi sa mismong resto, may secret ingredient sila—-lol.

        Liked by 2 people

  3. Ang nice and practical nito. Naguilty ako sa immediate gratification at sa online shopping. I usually pamper myself after a week or month of hardwork. Tapos kaka-online shop ko lang sa Lazada and Shopee. Wahahahaha. Items to be delivered this week and next week. Ganito ako pag stressed sa work. Huhu. Kelangan ko ng something na pang-replace sa ganitong klaseng pag-uwind. Though wala akong prob when it comes to savings. Buti na lang din.

    Liked by 2 people

    1. Thanks, Rhea! Pagkain naman ang stress reliever ko haha. Kada may makikita ako na bagong kainan, hala push. Yung iba kapag natry ko na naiisip ko sana s abahay na lang kami kumain kasi parang di naman katulad ng magagandang reviews haha.l also buy stuff kapag stressed out ako pero normally sa 168 ganun, mga di kamahalan at puro kakikayan lang hehe. Good to know may savings ka. Super important talaga nyan. Nagsisi ako pna ang tagal ko ng may work saka ko pa lang maisip ang imprtance ng savings.

      Liked by 1 person

  4. hahaha. so true yung no.2. ako wala akong finafollow na online shops, lalo na yung sa mga kaibigan ko. kasi nakakatempt bumili kahit di naman kelangan hahahaha.

    ako para maka-save ng money, di ako nagdadala ng malaking cash. tendency kasi kung marami akong bitbit na cash tapos napadaan ako sa masarap na food stall, di ko maiwasan bumili HAHA

    Liked by 2 people

      1. Life insurance with vul yun sinasabi mo. I have from Sunlife and Prulife UK but I recommend Prulife UK more than Sunlife. Prulife UK has multi critical illness coverage, bibigyan ka nila ng pera max of 3 critical illness per year + withdrawal fund value + insurance ibibigay sa beneficiaries kapag dead na


  5. My dad is a big advocate for delayed gratification. He always says, โ€œIโ€™m not trying to keep up with the Joneses.โ€ That used to drive me nuts hearing that as a kid but I appreciate those lessons and tend to follow them myself. Thanks for sharing! I enjoyed reading. ๐Ÿ˜‰

    Liked by 2 people

  6. Great tips! It all boils down to self-control and discipline when it comes to financial management. As for me, I don’t buy the things I want until I can afford them, even though my friends tell me to put it on credit.

    Liked by 2 people

    1. Thanks, Jayson! I do that too. We only put stuff om credit during the start of the school year to buy my daugjter’s school suplies and some personal stuff or if there’s an appliance that we want to buy


  7. Thank you for the tips mommy! This is extra useful lalo pa at bubukod na kami ni hubby in few weeks time.
    Instead of the peso ipon challenge, I tried the blind 50 Pesos and blind new “malutong” bills. So far it worked in 2017 but this year sana magawa ko ulit. Hahaha so really thank you for this! โ™ฅ


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