Rules in Saving

1. 10 % of Income to Tithes (donation to church or people in need)
2. 10 % or Higher of Income to Savings
3. Unexpected Expenses (Like Tuition Fee, Gifts, Birthday Parties, etc..)
4. Daily Needs
5. Wants...

example.. Im Earning (P10,000) per month
1. 10% Tithes ( P1000) - : Remaining ( P9000)
2. 10% Savings ( P1000) - : Remaining ( P8000)
3. Unexpected Expense (P 2500) - : Remaining ( P 6500)
- Tuition - P 20,000
- Parties / Other Occasions - P 10,000
Total = P 30,000 / 12 = P 2500
4. Daily Needs (P 5500) - : Remaining (P 1000)
- Rice / Corn / Bread - P 1500
- Stove - P 1000
- Foods - P 2000
- Electric/Water - P 1000
5: Save it or Buy something for your self ( P 1000)

This is How I do my budget.. We may not be the same..
But The most important is number 1, 2 and 3

If you are married and renting a house - P10,000 would not be enough
- Cut of your other expenses
- Look for cheaper school of your children
- Don't go to mall if not necessary (temptation always come)
- Look for high paying job
- Let your wife help you

Do your homework - Budget for at least 1 year not month