July 2020 Net Worth Update

August 8, 2020

Welcome to my July 2020 net worth update!


The reason why I do net worth updates is to stay accountable with my finances. I publish my real numbers as it is with the mission to continue to bridge the financial literacy gap for Filipinos one content at a time.


I hope you enjoy today’s post.


July 2020

The month of July 2020 is all about adapting to the “new normal”. I am still working from home for the whole month which allows me to still save money from commute, lunch allowance, and frequent dinners after work.


But over the past monthly recaps I’ve been sharing the family decision over quarantine period that my parents will be staying on our house at Eastern Samar for good.


This is too much to process for now but we made a pact as siblings to provide an amount that will cover all the necessary financial things our parents have to settle before living in the province for good.


Last month I mentioned that our target for the big move is adjusted from July to August.


And alas the month of August is here! There’s already a date ready and the only things that are all holding us back will be the medical certificate and COVID test results so they can be allowed a travel pass.


From the past, I mentioned it was only my parents who are going to province for good but actually even my youngest sister will join them. She passed her application to Easter Samar State University and will be continuing her education there.


A lot will surely change in the coming months.


I am eternally grateful to have such amazing parents. And I will be happy knowing they can now live comfortably without worrying and without working too hard. I just want them to take a rest and enjoy their retirement years.


My Dad recovered from last month which is always a great news. His been dieting as well with the doctor’s advice.


You can go to my personal blog for more inside story of what happened to my life for the month of May.



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July 2020 Blog Updates and Highlights


I felt like June 2020 was the most productive I’ve been in terms of blogging. I was able to blog in advance for most weeks which is unusual considering how I have performed in the past. Here are the tools that made me stay as productive as I can blogging.


We’ve reached 340 followers on Instagram which is awesome. We are now halfway the 400 mark. A-MAZ-ING.


Thank you so much for the support. ⁣


Here are the posts I did in July 2020 in case you missed any:

Real Estate Investment Trusts (REITs) for Beginners

Let's Talk about Retirement

June 2020 Net Worth Update

Mid-Year Financial Review 2020


You can still watch my recent videos on the SavingsPinay Facebook Page or IG TV.


July 2020 Blog Income Breakdown


I am at 85% of my next $100 payout. I’m hoping to achieve my next Google Adsense payout by August 2020.


Before the month of June 2020 ended, I was able to take a look at my finances and update all my records including how much money I’ve really been making on the blog so far.


From my Mid-Year Financial Review I mentioned how I plan to grow my income before 2020 ends?


  • Continue saving every penny I can now that I’m working from home.
  • Release paid eBook.
  • Publish new YouTube videos so I can increase my watch time and hopefully get eligible in YouTube Adsense Program.
  • Create and release an Email Course.
  • Launch the One-on-One Coaching Program to public.


Make sure you are also listening to The SavingsPinay Podcast. We already have five episodes published.


Listen on Spotify, iTunes or Google Podcast.

July 2020 Goals

I posted my 2020 goals not long ago and something I learned to be very effective in life is the power of measuring your progress.


Excited to share with you how I’ve been moving in terms of my goals for 2020.



Financial Goals

End 2020 with Php 350,000 net worth

For 2020 I set a very ambitious goal of reaching Php 500,000 net worth.


I was so positive about this goals since I already hit my Php 250,000 mark last year without any salary adjustment. I knew this is such a challenging goal and quite unrealistic but I was confident that I will get a promotion given the performance I did for my new role in the company.


Plus, I also planned to launch digital products that will help me earn more extra income to support this goal. The promotion did happen but, so is the COVID-19 pandemic. Because of the COVID-19 scare, the family decided it’s best for my parents (both in their 60s) to live in the province for good. We had to support their basic needs plus shell out an amount that will the necessary financial things our parents will have to settle before moving out.


Another problem I had with the COVID-19 is how hard it is to budget and do net worth tracking. I am fortunate enough to work from home during this trying times, and although financially it is indeed a good month – I was also bleeding from groceries and utility bills.


Not to mention the amount of anxiety this whole situation has been giving us. So far, this may not be possible anymore. My new goal now is to just finish the year at Php 350,000 mark. I still have five months to work on towards this new goal and I will share my next actions on the latter part of this post.


Save Php 60,000 Emergency Fund

This goal has already been long standing and I’m proud to announce in this post that I am counting this as FINALLY DONE!!! My bonus from work came and decided to go all in to close this goal for now. You all know how long I've tried to save up for a proper emergency fund. I might attempt for another Php 60,000 Emergency Fund goal next year but for now I will stop with this amount and up my investing game. With the market still in its sale season, I really like to stay invested as much as I can. A long post about emergency fund and what to do when you already reached it is in progress, so please stay tuned for that.


Max-out Php 48,000 invested in Funds

This amount is based on 30% of my previous monthly salary as investable money. So far I am doing well with this goal and with my emergency fund done, I will have 10% additional investable money.


Do Spavings and Record It

I made a post about Spavings and how it works.


Spavings is the perceived savings you get when you buy something on sale. The term is actually a play on words Spend and Save.


With spavings, you are encouraged to deliberately put that money saved as part of your savings.


A lot of times you encounter people who say they saved this amount of money for a 20% off deal, when in reality what they did was only to spend money because savings only accounts to money we actually SAVED.


The current spavings at the moment is still Php 1440.00. Since the COVID-19 situation began I haven’t had any spaving moment worth noting. The most of my expenses are on groceries which we do bi-monthly.


Do the 1% Money Saving Challenge

This is a saving challenge I decided to join in order to build my travel fund for my birthday getaway. However, due to the current situation travel will surely not happen this year. I am still keeping this goal in tact so I can have a working travel fund now.


Save on Commute – Sidecar

This year, I decided to give up sidecar (or pedicab) on my commute. One ride costs Php 8 and I do it twice, going to work and going home. I am saving Php 80 every work week which accounts to Php 320 savings in a month.


For some reason, it was a lot harder to commit to this goal than I thought it would be. And just like the Spavings, with me working from home for the last four months I don’t really spend any money on commute anymore. Thus, this goal is not as relevant for now.




Personal Goals

Get a promotion

I got my promotion last February 2020. The waiting period seems too long (3 years) but in those time of unknown, He listens. He was always there.⁣


Since the promotion began, I’ve been budgeting and living based on my previous salary. The major salary increase I got is what I’ve been using to provide monthly cash allowance to my parents during COVID-19 as mentioned above. Overall, I am so grateful for the opportunity to be working in the field where I am passionate about, finance. And not to mention doing what I love to do – social media.


Read 20 Books

I made a goal to read 20 books this year and as of end of June I was on my 9th book. I also already laid down all the books that I’ll be reading for the rest of the year. Here they are.


Reading is such a great way to pass time productively. I’ve never been successful when it comes to reading challenges I join and I really want this year to be different. In case you need book recommendations you may check out this post – 18 Must Read Books on Money, Business, Investing and Productivity.


Blog Goals

Launch SavingsPinay Podcast

I never thought I’ll be able to do achieve this goal since I’ve been putting off working on a podcast for so long now. I think I first talked about this in 2018 but have since made progress about this venture.


When the enhanced community quarantine got extended in April 2020, I made it a point to act maximize the work from home set up and act on this goal.


Finally, I got it done!


A lot of SavingsPinay readers have been sending this request over and I thought it would be nice for me to relive as well my dreams of becoming a DJ.


Finally this big project is now done!


You can now listen to the very first episode in Spotify or iTunes.


Blog 80 Times

I am too far from this goal already. I should be at 50 published posts already if I want this goal to be tagged us done. Sadly, I wasn’t as diligent and consistent when it comes to publishing posts. For now, I will change this goal to Blog 80 Times just to make it as realistic.


52 YouTube Videos

I really want to get back into YouTube especially now that I’ve been working from home and have this newfound time to do so. Sadly, I can’t seem to find the right time to film. I live in a noisy neighborhood and I’m too afraid to film and have the end video filled with noises. But, I will do my best to accomplish this goal. For now, I narrow this down to at least 20 YouTube Videos for the year.


Earn $400 on Google Adsense

I am below 50% mark for my goal of earning $400 on Google Adsense. I don’t know if I can actually accomplish this goal.


Fun Goal


Because of the pandemic this will definitely not happen this 2020. I so miss the feeling of hiking.


My July 2020 Net Worth Update



Finally after years of working on, my Emergency Fund has been fully-funded. From July till the rest of 2020 I’ll be putting the money I put on my investments, specifically with the Exchange-Traded Fund. Which means, I’ll be investing Php 4000 a month now into ETF.


Of course I am still hopeful that 2020 will be a better year. As for me, I choose to stay invested no matter what. I just follow my investment strategy, Peso-Cost Average since I don't need the money any time soon.


Next Month’s Plan

With my emergency fund done, I was about to open a Passbook Account just to separate my emergency fund from the rest of my money. Sadly, opening an account nowadays is not that easy during this times.


I wasn’t able to finish the Season 1 of The SavingsPinay Podcast and have five episodes left to do. Also the release of the paid ebook is already delayed although, for the month of July I was able to find out exactly the payment channel I will be using. I think by the month of August I will be ready to finally release the book. I’ll also start hyping the book by sharing more of the pages inside with you on Instagram Stories.⁣ ⁣


Last Month’s Goal: ⁣⁣

Transfer Emergency Fund to a Passbook Account⁣ – MOVED

Upload two YouTube videos again⁣ – FAILED

Finish Season 1 of the SavingsPinay Podcast⁣ – FAILED

Release paid eBook⁣ – MOVED


Money Goals this Month: ⁣⁣

Transfer Emergency Fund to a Passbook Account

Release Paid Ebook

Launch Passion Project X


Final Notes from SavingsPinay

The COVID-19 pandemic really changed our way of life. Stay safe and stay healthy.


That’s it for July 2020.


How’s your finances for July 2020?

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Clariza Glino

Izza of SavingsPinay helps Filipinos bridge the financial literacy gap one content at a time by providing insights and tips on budgeting, saving, investing, side hustle and growing your net worth. Aside from this blog she also writes at, a beauty and lifestyle blog for frugal Pinays and manages,, a wedding and event business since 2011. For inquiries, topic suggestions or future collaborations email her at

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