A positive month at last! Maven is in the recovery.
It has been some very exhausting (both in energy and money) past months, and finally things are starting to settle down. I am able to go back to routine and strike balance in my life.
Though my cash balance has dwindled down a bit, my payables have significantly dropped from settling my credit cards especially with the tuition fees and Singapore splurges already paid out.
Aside from that I actually paid out my life insurance policy‘s 4th year premium last month too. So come to think of it, my decrease in cash is relatively small compared to all my cash outflows for this month.
This is because my corporate slavery has paid off again – literally. HAHA. In this month’s payroll, I received a retroactive salary adjustment for a 10% increase due to my change in role which was effective January 1st. Also, I received a Php10,000.00 cash reward for high performance from last year. Of course I didn’t really get all these much because taxes. *Sigh* But still, I’m glad to be appraised in the company I’m working for.
Also an achievement this month is that I opened another bank account! Hahaha. My first savings account with BDO – a bank that I actually hate because really, they are not finding ways, but still, they are currently the largest bank in the Philippines and there are definitely perks being with them. As for me, it is primarily because I have a corporate Amex credit card that I need to pay through BDO. Since I’ll be travelling a bit, I will most likely use it frequently so might as well make it easy for me by having a savings account with them and be able to pay online. Opening bank accounts is also a strategy for me to build my emergency cash funds. Hehe. It’s like tricking myself again to stash money because I need to maintain the minimum balances. Though right now I just put in the minimum balance of Php2,000.00, I plan to grow it too and make it a place where I can put my extra income from working as a SunLife Financial Advisor and my dividends from our company COOP.
I realized my investments have been growing by around Php30,000.00 a month these past three months. Good job to me! I didn’t even realize that. Hope I could keep this up and ensure my net worth’s stable for the rest of the year.
I’m already excited for my next update on April 1st because it’s BONUS PAYOUT TIME! I know, do not count the eggs before they hatch. Or something like that. But how can I not? I’m a finance nerd. Hihi.