Financial Hemorrhage
By relcap23
@florelway (23286)
Cagayan De Oro, Philippines
January 26, 2019 11:59pm CST
Rising cost of living, inflation rate, loss of job, unemployment, illness are just some causes why one's pocket can be drained.
When there are more money outflows and less money it is really a disaster. That's when one resorts to credit which even more drains one's financial situation.
Be on a personal level or business level this can be addressed by some cost-saving measures.
As there is no way for a salary increase for this year and my other income remains in the same level I have to find ways to avoid more cash outflows such as walking from the office to home and avoiding softdrinks. I tried to avoid loan sharks at work who are offering their services by persuading us to sell our expected benefits such as clothing and discounted at 10 percent. I refrained from buying another pair of shoes while there are still those that I can use. I list all items for groceries so that I can only focus on these things and does not have to look around until my eyes land on unnecessary items.
Are you experiencing some sort of financial hemorrhage? How do you deal with it
9 people like this
10 responses
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
@LadyDuck it's nice to have a good spending habit.
3 people like this
@amitkokiladitya (171927)
• Agra, India
27 Jan 19
I think most of us here keep facing some or the other financial issues . The best way to curb unwanted expenditure
3 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
Internet sometimes give us list of unwanted things to buy.
2 people like this
@sofssu (23662)
•
29 Jan 19
@florelway A little bit here and there helps too. Maybe you should find a couple of other sites to earn too.
1 person likes this
@florelway (23286)
• Cagayan De Oro, Philippines
29 Jan 19
That's the best that we can do to always live within the means. Prices soaring high while income constant. I hope this online activities will help in anyway.
1 person likes this
@florelway (23286)
• Cagayan De Oro, Philippines
29 Jan 19
@sofssu yes, am trying to find good sites, if they do not look promising I stop. Like with surveys I made 2 redemption for Global sites which I joined recently while Mobrog never had one when since I joined 2 years ago lol
1 person likes this
@anikoonline (3250)
• Hungary
27 Jan 19
I decided this year to not buy soft drinks. I used to buy at least 2-3 times a week when I went somewhere. Now I have an empty bottle and I fill it with water. It is not a huge amount of money, but every penny counts.
2 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
@anikoonline I agree with you and I realize we don't really need softdrinks. Not only that this is not healthy this has become a bit more expensive in our country due to some tax issues. A penny saved today becomes a dollar tomorrow.
2 people like this
@anikoonline (3250)
• Hungary
27 Jan 19
@florelway It is expensive here, too. One bottle (5 dl) costs 1$. How much does it cost in Philippines?
Now I try to spare that dollar for soft drink every week.
2 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
@anikoonline the smallest is .20 cents and liter size is about .70 almost a dollar.
2 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
29 Jan 19
@Berrygal that i always the best and practical option, reduce spending.
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
@Sheali, some former colleagues are in this situation. With no job and no salary it's very hard.
1 person likes this
@Sheali (7461)
• India
27 Jan 19
@florelway Sorry to know that..
I hope there was more balance in the economy..
I hope there was more balance in the economy..2 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
@Sheali there is no balance in our economy, rich becoming richer and richer, while the poor becoming poorer and poorest.
1 person likes this
@florelway (23286)
• Cagayan De Oro, Philippines
28 Jan 19
We hope this year will be better for us.
1 person likes this
@Letranknight2015 (52072)
• Philippines
27 Jan 19
Few days from now I will be broke and hopefully I could survive eight days with little food.
2 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
Until it's payday? One saving tip is respond to all invitations like birthday, fiesta, anniversaries. Last night we were invited to an anniversary celebration so we saved a lot for dinner lol
1 person likes this
@antonbunot (11093)
• Calgary, Alberta
27 Jan 19
Fortunately, no! However, sadly, every time I eat spicy foods, I experience hemorrhage! 
em] . . Just kidding! Right budgeting is the thingl Don't buy what you like; buy what you need! Unless, of course, if I win millions from lottery. I would buy a house and lot in Baguio and tour the world with my girlfriend, ehek, wife, in tow!
em] . . Just kidding! Right budgeting is the thingl Don't buy what you like; buy what you need! Unless, of course, if I win millions from lottery. I would buy a house and lot in Baguio and tour the world with my girlfriend, ehek, wife, in tow!1 person likes this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
Almoranas is causing that?
2 people like this
@florelway (23286)
• Cagayan De Oro, Philippines
27 Jan 19
Good for you, that's a very good attitude. I hope lots of people do that habit.
1 person likes this
