Showing posts with label paid blogging network. Show all posts
Showing posts with label paid blogging network. Show all posts

Thursday, June 03, 2010

On shopping budgets

Based on recent blog posts, it looks like I'm swimming in money. So I guess it's kinda strange when I start talking about how baby stuff are so expensive, I don't want to spend on baby clothes, and all my gasps and exclamations over the cost of having a baby. Well, I'll tell you a secret: I really set aside a budget for everything!

I'm not an impulse buyer. I will sleep on something I saw in a shop window for days, weeks, even months! If I really want it, I take out envelopes and mark them: "Topaz Ring," "Maternity Dresses," "Sunglasses," "Eyeglass Frames," etc. So, for example, my budget for maternity dresses is 10K. Every pay period, I will slip in 1K or 2K or P500 in that envelope, whatever amount I can set aside after paying the bills. When it finally reaches 10K, BAM! Off to the stores I go and so it looks like I went on a wild shopping spree!

Then when I say, "I don't have money for that breast pump!", it's kinda true. I just mean the envelope marked "Breast Pump" isn't ready yet. 

Here's another secret: When I go on a spree, I don't bring the cash. I usually charge it to the card so that I collect points. I don't despair because I actually already have the cash to pay for my credit card purchases—they're just in my little envelopes. And I always pay the balance in full to avoid fees and other charges. Of course, I can afford to do that because I've already spent a lot of time saving up for it!

I also usually don't get money from my salary. I use the money I earn from blogging, eBay and writing projects. The money that comes from the paid blogging network I belong to is the best because I feel I get it for free. I just write posts and I get $5 for each blog post. It's a small amount but after a month or two, it really adds up. That's how we buy our Threadless shirts from the US and film nerd tees from London. Blogging money!

So though I might appear I'm throwing away money, I'm not. I scrupulously save every extra peso (emphasis on "extra"!) so that I can shop! It takes a lot of discipline and patience but the reward is oh so sweet!