I have noticed that I am financially illitirate. 🙂‍↕️ 

Tried doing this app thingy since I kept on seeing them to keep track, this is what I have at the moment after receiving my money.

I was awarded with 2 scholarships by my university a few months before I enter my second year, 1st one gives ₱5k per month while the other gives ₱7,500 per sem (5 months). However, they did say that the payout for the second one is not guranteed to be on time and may even take up to a year or two (still didn’t receive it). I also got accepted to be a student assistant for 8 months (gotta reapply every year and secure a slot) i’m down to my last 2 months and I earn about ₱8k per month. However, I feel it’s never enough so i’m looking for some part time at the moment.

So basically I get about ₱13k per month or ₱20k (if I received my second scholarship)

I don’t really have much bills to pay since they’re mostly covered by my dad, except for wifi, netflix, personal things (clothes, skincare, etc..) or food if I crave it.

Honestly, I accept I have been spending a lot…I mean this was my first time having this much allowance per month so I got excited and went ahead of myself.

So I was hoping to find tips as to how I can better save my money 🙏

i’m not really sure if investing works? cause I heard only do that if you’re prepared to lose it (i’m not) saving up and not touching it sounds good too, but I also heard it’s a no go cause of inflation. I’m out of ideas 😭🙏

Best ways to save and invest in money as a college student?