Learning to differentiate needs from wants and making big-ticket decisions.
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Staying afloat in this pandemic may be the biggest challenge. Investing and diversifying personal portfolios and business engagements is a good idea. Toyota suggests wiser approach to keep up during this trying times.
Learn To Budget. This is simply applying the 50-30-20 rule.
Allocate 50% of income towards basic necessities, 30% for leisures and 20% towards financial goals. Consider to record billing due dates and pay on time. Use an app like spreadsheet to track down your daily expenses. Avail financial services from institutions that will fit your budget.
Spend Wisely. Determine the “wants” and “needs” .
Online shopping is the new norm. Always go for the value of your purchases. Distinguishing what you really need and items you just want will extend your money a long way. Look for add-on value like freebies, rewards, cash backs, and delivery vouchers. Focus on items with quality with long service-life that will ensure great returns in a long run.
Start or Keep Investing. Add value to your time.
There are many forms of investment that you can start or Keep doing. Read books, enroll any certificate courses, and develope oneself. Invest on personal mobility that will allows flexibility on travelling. It allows safer commute as well.
Toyota is known with quality and dependable brand vehicle. It offers more than what you expect. An excellent investment for young generations who appreciate the value of budgeting, wise spending, and investing. The Toyota Vios is one of the best cars that meets the demand on performance, value, and level of lifestyle. It was named as the Most Reliable Car Brand for 2020.
Do you agree with Toyota’s advice on investing? Learn more about their products and visit Toyota Motors Philippines’ website at https://toyota.com.ph/vios or explore the Toyota Virtual Showroom.
Article: Alex A Source: Toyota Motor Philippines Production: J AD Media
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