Monday, January 30, 2012

i love art

i slept in the bus on my way home and ended up at where the buses are garaged. then i saw this.

i love this kind of art.

Friday, January 27, 2012

trial experience

and so i used envelope budgeting and achieved some results: not that astonishing though. i budgeted my last Php1732.00 yesterday to make it last until tuesday, just before the next pay day. i got 4work nights and 2 offs. i need Php250 per work day, which means Php1000 so i still have extra Php732 since i dont have debts and bills to pay for now. that's a good sign considering i'm already thinking that i'll have no money when tuesday comes. what makes it work? here are what i saw

  1. big view on a small scale - i never get to see the whole picture when i spend or swipe: especially swipe. because there's something with buying that makes me feel easy and comfortable that i want to do it again. without consulting the purse. but last night i saw the details on my spending. i know i love food and that was the time i realized that i eat for comfort. so, i know i spend too much on that part and that's where i need to watch out.
  2. preventive measure - knowing that i only have money for food and transportation made me back-off on those luscious donuts with custard inside and icing on top. need i say more?
these are just two of, i should say, benefits that it can offer. i have some more at the back of my mind. but i just got back from work and i want to sleep. so, ponder on these for and i'm pretty sure you'll have your own list once you've tried this envelope thingy.

Thursday, January 26, 2012

budgeting 101

to dig deep into envelope budgeting, i must simplify the term first. hence, i need to make sure i understand the word budgeting... budget.
A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending
so, basing from the definition, it can be simplified as... (income - expense = 0) where income is defined(in my own words) as any monetary device labeled with currency which was received and/or is available to be consumed by the calculated expenses. while expense is a calculation of how the income will be used.

some might ask where saving lies in the formula. since, i believe that it is one of the elements of expenses, let me extend the formula to: [income - (saving +other expenses) = 0]

i still have doubts on this calculations, though. so, any comments and suggestions are encouraged for a healthy discussion.

envelope budgeting

i've always had a hard time saving up for the rainy days. i'm always stuck in the part where i have no idea where the money is going to. and believe me, i hate that part. so i scoured the net to look for ways how to solve this eff-ing problem and googled(i wonder if this verb is already an entry in the dictionary) budgeting. then i thought, why don't i just check its wikipedia entry. unfortunately, all information inside that entry were on a macro-scale of the word itself. and fortunately, except the "see also" part. there lies the phrase envelope system.

although there's just a small info about it, the description how the system works gives enough overview on how it works basically: enough to make me save.
"Typically, the person will write the name and average cost per month of a bill on the front of an envelope. Then, either once a month or when the person gets paid, he or she will put the amount for that bill in cash on the envelope. When the bill is due, the money is taken out to pay for that bill. 
This prevents the person from spending the money out of their pocket or bank account, because it is already allocated to the bill."
But why stop there? the basics will make one save. but knowing the entirety will make wonders. a little more on that matter, later.

Monday, January 16, 2012

new feel

it's amazing to find something new with interface. i'm not that enthusiastic about it though. with all this white stuff allover the screen that somehow looks over my shoulder every once in a while. well i don't want to dwell that much on this change. let's just embrace it. moving along.

i'm not quite sure how yesterday went. we just moved some furniture, watched prison break and did some origami crane. and looked for some albums on which i find interesting. massive attack's blue lines: i like!