7 Money Challenges That Will Help You Fund Your Dream Trip
Are you going to hit your travel goals this year?
by Andy Flores | July 04, 2017
First introduced by finance coach and planner Alvin Tabañag on Rappler, the 12-month money challenge suggests a more flexible saving technique: deduct a portion of your monthly pay in percentage, based on the month you’re in.
For example, this month is July, the seventh month on the calendar, and you earn PHP20k per month. Take seven percent from your PHP20k salary (7% x PHP20,000 = PHP1,400), and that would be the amount you will keep in your savings. Easy enough, right?