Let’s be honest… the holidays might be over and you might have sworn to stop damaging your budget even more but the yearend sales, then come February it’s Valentines, and Summer sales, and it’s never ending. Personally, I’ve just been out of the red (oh good lord why is that shiny plastic looking straight at me) and it has been. one. expensive. year.
Good thing, there are optionz in life! Especially when that shiny little thing that you want costs way less when it’s coming from the halfway across the world. Using your credit card might not be the best friend you might think it is when you think of currency conversion and shit, on top of being in the red.
I thought, for the coming year, I really need to curb my spending habits. Raking up credit is not helping and I will no longer endure a year in debt. Being an adult sucks bigtime because you’re given all these opportunities but you really need to be responsible about ’em. It’s not like you can just save and save and not enjoy though. Like what my mom always tells me, spending within one’s means is a good skill to have.
When I discovered prepaid shopping, it was rather unappealing to me. First, you’re limited to your current funds, and second, transferring funds was a rather inconvenient chore. But with the goal of controlling this bad habit I am hurting to admit, it seems like a feasible plan! With a lot of prepaid credit cards in the market now (with minimal annual fee to boot), it sounded like a plan. But also these optionz are getting too many to bother yourself…
I particularly like Globe Blue and Gcash Amex because…
- Both are connected to my Gcash account, and subsequently my Globe postpaid line.
- Transferring is easy via the Gcash app, especially if with BPI.
- Globe Blue also serves like a preferred clientele card and has dedicated lanes at selected Globe stores.
- It’s easy shopping with US-based institutions like Amazon, Netflix, and the Playstation store because Gcash Amex also gives you an address in the US – meaning your card is eligible for use in geo-restricted e-commerce sites.
- You can also debit purchases (capped at PhP 500) from iTunes and the App Store (and Google Play!) directly to your postpaid bill.
2015 is fast approaching and you might be wondr’n why this is what I have to blog about. I was doing a lil bit of financial planning, and I thought I’d share what I have in mind. To be fair, I also use other prepaid cards. I have a couple hehe but I haven’t thought about them until now that I’m pretty serious about saving up.