Save money reddit ph. Interest rate: 5% Initial deposit: Not required.

Save money reddit ph Tips to save money even with a low income Monitor expenses. If you want to earn a modest income while in residency, choose public hospital, SG 21,at least 55-60k. ) I just want to know how much money I should set aside as the budget just For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. This is something I admit I have zero knowledge about. Balak ko na umuwi to Thats an old habit. As a sixteen-year-old student with 0 debt and income, I highly suggest you practice this first: Discipline aka saving money If you have 7k allowance a month, if you can save, say, half of it (3. Write A Financial Plan to build wealth and save. 5HP inverter AC even if it's hard for me to save money monthly? Credit cards/installments aren't an option. Don't not all banks offer money market fund UITFs. Making extra income 4. I've discovered that it's apparently nice to save money in high-interest savings accounts, but all Lastly, sole purpose of opening a seabank account is just to save a little bit and use this as alternative for cash in sa shopee. Pinoy Have a goal for yourself to save every month so that it can help you keep track of where your money goes and where you can cut down on to save. What's important is you learn the habit of saving. I budget my money and if I can save as much as 50% of my salary. Still staying sa parents kaya onti lang gastos (mostly water and internet bill TLDR; The average Filipino teenager cannot afford to invest at 18. Try POMODORO. Both are good too, pero Misa MoneyKeeper ang nagmatch sa needs namin in terms of expense tracking and budgeting. Pero kung katulad mo silang nasa baba at nagsisimula ka pa lang, good luck. EDIT: Jusq ang daming comments, di ko inexpect. Mas lumiit lang pera mo makkuha sa 13th month pay kung mas maliit basic. Another cool thing is you can use the app to pay even if it's a Gcash QR code, as long as QR Ph siya (Maya app can read the Gcash QR with QR Ph logo). Maya for me, security-wise. To provide values, I get a book allowance ranging from 15-20k every semester. Do you guys think it’s a good idea for me to open a GoTyme Savings account? I have ₱5000 invested into a Maya Savings account 71 votes, 57 comments. BPI for me Guilty ako dito. Would like to know what your most used and preferred Traditional Bank? And why? Note: Digital Bank not included I wanted to ask if bringing is 4000$ for spending money enough Fine dining in PH isnt as pricey as the US. Pro-tip: save your money. I'm just genuinely curious with the current state of people's 2023 (net) salary and purchasing power these days, as of course 40% goes to investments. Oh, also insured by PDIC. . They're burning cash infused from the local subsidiary of their parent company. I just like to ask, how confident are you in using CIMB? I've been researching for a good bank where I can save my money It’s my SO who found it. I’m currently finding a good high savings For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. For me, sobra-sobra na yang 20k na pocket money mo. expected ROI was 5 years. 20k sa payroll 10k sa side hustle or depende kung malakas sideline (real estate modeller sa upwork) ung sahod ko sa day job lahat nilalagay ko sa investments etoro copy trade at pag ibig mp2 pag may emergency kurot lang muna sa other 26F pathology resident. But if you prefer doing transactions using another bank then thats okay. List How To Save Money As A Student In Philippines. 6k because these will be consumed in a few months time. doing a little crowdsourcing, inflation is a b*tch. Just put your money in any of the top 3 banks and your money is safe from bankruptcy. Ideally the AC needs to work at 200-300 watts per hour. Money in Personal Goals earns 6% p. # The challenge lies in my struggle with budgeting, as I tend to spend money on various things without much consideration. The lower the better. At that time I decided: "I will save ALL 5-peso and 10-peso coins and will not use it for i’m currently confused if i’m going to save or invest more. If you want fresh products like meat or even There was a stretch in the middle of my early years that I'm in the negative (sandwich gen). For Filipinos Save money and do overtime from June to feb then use that extra money to pay your electric bill sa summer months. While Maya's bank offering is new, it has been an electronic money issuer since the days of Smart Money. You can create up to 5 Personal Goals at a time. Mahilig kasi sya magsearch and try ng mga apps before. What I love most about MM is that you can save and sync data and Hello! I am a student and I’m planning to earn and save money for my needs and wants. Reviews: I have no issue with Maya. If plano mo doblehin I don't think it's worth it to meal prep kung to 'save money' (directly) lang ang goal mo pero I think it's worth it in general, money aside, it can give you discipline/routine, and better nutrition (kasi ikaw pipili nang mga macros mo) Cooking for yourself can save you so much money in the long run, your 2500 expenses can be boiled down into 1500. So I'm looking at BPI's #SaveUp and Saver Plus savings accounts, but I don't really see the difference. I believe now is the time to save up as much and try to be liquid because opportunities will present itself in the next few years. If you read the baby steps, you will quickly find out that you will not do EF and investments at the same time. 5 million. Only government ID is required. Know where money is spent. Expenses include bills, food, travel expense. I've made quite a bit of spending money over the last year and a half with the websites/apps listed below. No amount of I'm a female teenager and was just wondering if my parents are too strict or they're just really cautious. Compare this cost with dining in Mang Inasal and the hassle of having to go there Compare this cost with dining in Mang Inasal and the hassle of having to go there So I am planning to save for my emergency fund since ilang taon na ko nagwowork but wala ako naiipon. i opened my own gym 2018 and closed during pandemic. Pero save muna around 2 years bago simulan or tulad ng sabi mo after 5 years. Haha. Also, your thoughts about KOMO? Hello! I’m 21F planning on going back home to the Philippines by myself for 40 days. Sa PH I understand yes real estate is good if there are buyers and with these prices and inflation , interest rates and earnings not catching up I really doubt it if mabenta yang mga yan. The secret to fast easy money can be a couple things, incredible talent, large up front investment, a great idea, fraud, or dynamic For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. I procrastinate a lot then mahilig sa cramming. hi po. We save in high-interest savings/TD (instead of directly purchasing equities/crypto/property) anything beyond that 110k income for our mid-term future plans (own home, personal travel, future kids, all within 1 My partner and I are going to HK for our first out of the country trip together in November. Habang hindi pa due date, nakakapag earn pa yung pera ng interest since daily yung crediting ni seabank. If ever Gcash bankrupts can the money still be claimable from PDIC? To those using Gcash, what’s the highest amount of money you I would put most of your savings on digital banks for their high-interest yields. The bsp will not let those 3 banks go bankrupt. They Depends on your risk appetite. So first things first: If you want to franchise a store, check how much the cost for the franchise fee is. Food doesnt have to be complicated, a simple dish like hotdogs, Tocino or any other preservative foods are life saving. For some You can't be rich here unless you and your family is at-least upper middle-class in the first place to start with your rich-to-be journey. Always save 20-40% of your income for emergency purposes (E. I'm just waiting for feedback but I will surely be filing a complaint for violation of BSP Circulae 1160 and pulling my money out and transfer it to a more reliable bank. My parents just started giving me a monthly allowance and i really want to save up. I just told myself I'd save up first then once I have a considerable amount, I'll think of how I can make my money grow. I’m 27 and honestly made a lot of money mistakes in the past. I know you can apply for an account with sun life money market mutual fund online for as low as p100 through fund transfer. Safe naman ang Maya. Yung 10% pang alalay incase walang It has really saved my financial life - yes it costs $99 per year, but using it helped me save an emergency fund, buy a house, set aside money for travel, and more. By "saving too much", I mean second-guessing everything you need to buy, not going 16 votes, 31 comments. I hope aspiring I'm currently planning on saving up money from my monthly allowance. I believe now is the time to save up as much 23 votes, 39 comments. I’m 24F living in the Philippines with savings of Php 500k, and a monthly income of Php40k. Budget for food that will last 1 month May mabibili ba sa halagang 2k to 3k (grocery and wet market combined) that will last I have been recommending this to my friends as well. Ex. Recently, I’ve been using the 50-30-20 technique in dealing with my finances. 14 votes, 11 comments. I am advised to go to a 7/11 counter and do a cash transaction. Find a better paying job. 5%. That's I’m planning on saving some money on Gsave but I don’t know how much safe it is to save there. 5hp Panasonic Inverter split AC, installed a watt meter to monitor the consumption. My family doesn’t obligate me to pay for anything so I am able to save all my salary. Funds for long job lay-off, medical emergency, etc. The 9-5 is the path to comfort for the vast majority. 5k a Galing akong SK 3 weeks ago. I like 3k renta kuryente tubig ko room sharing, 1500 kada week sa pagkain, 400 sa load ayan madalas kong gastos. I use it for I worked as a civil engr for different companies and govt agencies for almost 7yrs doing part-time, taking OT as much as I can, and living a very frugal life to save money as much I can but still not enough to reach my target Great for money you don't need quick access to or if you want to save money without being tempted to withdraw it. Are there additional benefits on spreading your savings on all 5 go save accounts vs placing it all on 1 go save account only? Or maybe Skip to main content Open menu Open navigation Go to Reddit Home A chip The 6 figure income in your teens is the way outlier. I’m a nurse earning 26k a month, last december Usual rate ng HVAs this time, at least 6 USD per hour. But if you’re a six-digit earner really, you will actually feel bad for the money past 500k to just sitting in the bank anyway. haha tapos ang sahod ko 30k. I'm not quite familiar Have a budget for both, but your default should be the food-need. I can't save AND in the red. Even if you have money to invest, kakaunti ang options dahil palpak ang Hi! I will start my first work and I want to be responsible with my money. TBH, the anything below 500k is not what you'd call "future secured" money. BDO was supposed to be my main card, but transactions failed even when I've notified BDO in advance that I'll be using it outside PH. Walang retirement plans tulad ng 401k or IRA na common sa US. (TGP is ₽674k Capital needed when I checked their site, application only i think) (7/11 is ₽600k last time I checked, just for application) Hi, I have some questions regarding UB personal savings account as I'm currently using it to save some little money slowly but surely. booooo Being able to tuck away my savings is also great since I can expose just the needed amount for Debit card transactions. Frugal Mindset Locked post. Both have an interest rate of 0. This is your emergency money. 5k - 4k a month) then you GSave let me transfer funds from my Gcash to my CIMB and vice versa. What you should be looking at is inflation that will eat the value of money in the bank through the years. Pomodoro gives you time limit for your progress. My dealership is literally across my bank. It's definitely no replacement for a job, but much of it is either passive or something you can do while watching tv, playing games or redditing at work. When my funds are sufficient, I’ll buy my desired car unit through credit card straight Ok no argue since that's what you prefer, convenience over beating the inflation. Interest rate: 5% Initial deposit: Not required. I am in my mid 30s already, and I am not sure if I am putting my money in the right places to enable me to achieve Skip to main content Open menu Open navigation Go to Reddit Home I recently made a CIMB bank since I want to save money and deposit in an easy manner but I’ve been seeing really bad reviews on its customer service on facebook reviews and I’ve also been seeing other people getting I want to work abroad to have more money but I wanna stay here as much as possible. So I saved up at least 350k for a capital to put up a gym. Every month I'll transfer the money to be spent for the whole month to ShopeePay Then to CIMB for EF Then 10k to Komo for withdrawal/cash. I'm saying this not because of bank bankruptcy. After graduating college and passing the board exam, my target age to get my first M was 25 but things didn't go the way i expected. Wala naman akong luho recently besides food. 18 years old pa lang ako, panganay and i want to build & accumulate wealth slowly. The best to do it you want to save After stowing away a portion to save in digital banks, the rest is budgeted for the month. I am also 23 votes, 30 comments. Also if you save your money in CIMB and it's connected via GCash you can get the GCash Mastercard so that would technically already satisfy points 2 and 3. They could improve on the UI Hey, I hope this kind of post is okay. If you have the money, you have to "invest" it in something that generates money. But not healthy lalo na pag nagmamanage ka ng business which I do now. Everything is booked (flights, attractions, accommodation, etc. But yes, also want to spread my money. Heck, 100k will not last for 6 months. 10. I dont ever save money in a bank, point is the money I was wondering what app you guys would recommend because I'm trying to save up money and dividing money between investment, savings, bills, and others in a neat way is something I want to achieve. 0625% + free life insurance for P250) opened through bpi app no debit card #SaveUp 1 pesos ID 0 ADB 5k to earn interest (0. Society is simply slow to catch up. Right now, we're struggling to sleep due to the intense heat, even if we have an AC and 2 electric fans on **. Of course you'd want some fun money, which means drinking money, eating outside money. 0925%) opened through bpi app 1. We've been handed more money from the largest and longest economic expansion period in the last 30 years. It lets you know that there is no "right Hi Reddit PH! So I've been employed since the start of May and I earn around PHP 20,000. What I like about Ownbank is that they credit the net earnings very early, specifically at 12AM. 0925% per annum, despite Saver Plus requiring Save-Up 1k monthly ADB 1 ID 5k to earn interest (0. They have a 10% interest boost promo now (instant 10% after I topped up MP2 using the app). For my wife and I our payroll is Bdo. With that amount you'll have a little bit of money to buy the things that makes you happy ( travel, new phone, new computer etc) in the present. If gusto mong makatipid, gawin mo nalang sa supermarket ang pamimili mo. Here’s what I’ll mostly be doing: Explore BGC/Poblacion - mostly partying, drinking, and do a bit of shopping this is mostly where I’ll staying for my trip Aren't Philippines banks only insured to 500K php If so best to split money over that amount into at least a second bank I personally like BPI But BDO is accessible to more Filipinos Of course diversify your money is best Let your money work for you if you can invest in dividend stocks Things that appreciate in value here Better to diversify OP. Hey PH Invest! Wanted to get your opinion on how you track your financials. La 41 votes, 42 comments. Since bpi yung payroll ko, transfer to seabank yung iba then gotyme for mostly forced savings. true I also tried Fleur: Cute Budget Planner (it’s a paid app tho) for the aesthetic but I still went back to Money Manager. Maya Savings Goals: Car Expenses, Travel Expenses, General Savings I chose digital banks for Unti untiin pag may pera. Free withdrawal The rest stays in Shopeepay, to be transferred to diff. Credit cards/installments aren't an option. Get the Reddit app Scan this QR code to download the app now. i have 10k-16k earnings per month. I didn’t had issues withdrawing my own money. How The rest, on investible assets. 25 minutes As much as possible. It’s an essential financial plan for a specific time period and it allows you to guarantee that both n Feb 28, 2023 · Now more than ever, you must have at least 6 months’ worth of your living expenses saved so when you face problems, you can still have a root over your head, food on your table, and money to pay for a Netflix SeaBank Philippines Savings. CIMB boast to be the best digital bank in the Philippines. Or check it out in the app stores crypto, banking, business, insurance, and any other topic related to investing money, making money, or 10 votes, 21 comments. just visit their website and look for the money market fund 21 votes, 32 comments. I need to save money. I’m not gonna get into detail but let’s just say I’m probably Opening an account is no problem. Looking back, I Unless ur getting married, it's not weird to stay at ur parent's place. SO if you follow the steps, the thing to do first is to save 5k as your startup emergency fund (step 1). SeaBank is technically old since it bought out Banco Laguna which was founded in 1965. I wanted to ask if bringing is 4000$ for spending money enough BTW I decided to look up 2 swanky places for your "night out" In I am a student and want to save money (as soon as I will get "baon" because I'm still dependent on my parents) because this pandemic taught me that it is very hard and risky to not have an emergency fund. , never lived outside of my parent's house since birth. # 3. Look at 'creative' routes too For example, next week I'm flying to Colombia. Maintaining 5 days ago · Want to learn how to save money? Find out 30 Best Tips to Save Money from Salary for Everyone and How to Budget a Salary in Philippines! Make a budget for everything. If we take a loan, we can start building our home in 3 years. When looking at tips to save money from a salary in the Jan 5, 2025 · There are countless threads and subreddits dedicated to personal finance, budgeting, and saving tips that can provide valuable insights and advice on how to effectively Dec 14, 2021 · In today’s post I give you the 55 best money tips on how to save, invest, retire early and more in your 20s. Please educate me po, I know mostly opinions sagot dito pero gusto ko rin po marinig to get ideas. Everytime you save money you lose its value due to inflation. Retiring Young and Rich May 27, 2022 · Even minimum wage earners can save money little by little. Always Negotiate On Everything; As A Student In The Philippines, Aim To Cut Out Unnecessary Spending; Avoid Expensive Spending By Eating At Home; To Save Extra I'm currently on my second year in college and I really need advice on how to effectively save Skip to main content Open menu Open navigation Go to Reddit Home r/studentsph A chip A close button Get app Get the Tutorial: How to save money on an engagement ring while still getting a big center stone (LONG POST) Adulting Hacks & Tips Hello, folks. o. With budgeting, you may be able to find more free money. I would do it. At this stage, you need to forego 'wants' and concentrate on the needs. I used to save every peso, just walked or rode a bike if I could and I would track how much I could save in a month by walking/biking. Every year painit ng painit so ganyan na lang ginawa ko Reply reply k5nn • Hmmm efficient airflow maybe Aren't Philippines banks only insured to 500K php If so best to split money over that amount into at least a second bank I personally like BPI But BDO is accessible to more Filipinos Of course diversify your money is best I'm sorry, I have no idea. But it you post on r/ph and ask how much a one week stay for 2 as tourists, rather save the money for your future together, use it as a downpayment for something and order catering for a handful of • • 310K subscribers in the phmoneysaving community. Currently, I manage to save Php50,000 every month, but I am eager to increase this amount and become 26F pathology resident. You adjust for those. Not saying na wag kang gumala, save enough so that you have enough pocket money for the day and makaipon ka ng tuloy tuloy. Investing and 5. Upon accepting my first job, I moved out of my parents' house & lived in the metro. It’s relatively safe. Reply reply Be flexible with times too you can often save a lot of money by departing at an unpopular time. I wanted to ask if bringing is 4000$ for spending money enough (minus airfare and accommodation). They have PESONET but the savings account don’t have Instapay, so transferring is thru Maya wallet first then to savings. Hi! I've completed my EF in Seabank and is now considering to save up monthly for a travel fund and prefer to have it on a Skip to main content Open menu Open navigation Go to Reddit Home A chip Should I use my emergency fund to buy a new 1. account when needed as I usually buys everything in Shopee including paying bills and depositing money to MP2 etc. One thing I try is to save light. My total electric bill was never over 100 dollars even now in my APT with Inverter window AC "two" same Temp settings my bill still doesn't go over a 100 If ang dahilan mo need to save money for medication. 10k lang dala ko as pocket money for a 5 day trip. 1. At least there you will get some respect in terms of living wage. I transfer money to different banks more than 15x per month, sobrang helpful ni seabank jan and never pa ko nagka problema. Banks only give 2% interest which is way below the inflation rate. But be ready to drop at least $40-75 depending which club or restaurant you aim for. What is happening is Seabank is losing money, but it's not yours or their depositors' money. Accumulate emergency money equal to 6 mos salary or at least 3 mos if you'd like to start investing earlier. i also You could save time and I think you would still save money if you don't spend a fortune on the set up. That's 5 years ago. ** But only when you reach a 40K salary thats where you are really able to save. So my advice to fellow engineers is always to gun for overseas work. If you look at China where the nouveau rich tend to spend ridiculous money on gaudy things, that's also us, but a bit more muted, and on a societal level. My expenses are manageable but if I want to: save and invest, buy a small house for myself at 6500/mo min mortgage thru Pag-IBIG Hi everyone, I'd like to ask for help on whether my budget below is sound as I'm planning to move out by October. The best to do it you want to save money is to invest it to something that will give you enough returns to recoup the inflation. However this is the bare minimum. g. Saving money fast 3. If wait and save up money to build a house, it will take us 5 years to be able to start, and 70-80% of our savings will go to our house project. So maybe you save 5k on dinner ware so the money can go to 40 votes, 77 comments. New comments cannot be posted. May iba pang digital bank pwede mo taguan. What are some of the Skip to main content Open menu Open navigation Go to Reddit Home A chip I've made quite a bit of spending money over the last year and a half with the websites/apps listed below. While accumulating emergency funds, read blogs and watch YouTube videos on investing. The effectiveness of any financial endeavor is believed to be significantly increased by having a budget. For context, I'm already 28 y. Thanks for the tips! I don't know if any of my other skills (music, photography) I can make money of, especially with the pandemic and how things are in the PH. Do you guys think it’s a good idea for me to open a GoTyme Savings account? I have ₱5000 invested into a Maya Savings account as of now but I read about GoTyme and that it has a 5% interest rate compared to Maya’s 3. I just wanted to share my experience purchasing an engagement ring. Lahat ng trabaho may tax once abot kana dun sa bracket under train law. The rest, on investible assets. Like when it comes to commuting, the school i go to is only a few mins away and walking distance naman sya. You can put up to 5M there (1M for each goal), and it will still earn at 6% p. my savings is in digital wallet and one passbook. 200g of mushrooms is Will surely work muna to save enough money para doon; though hindi naman isang bagsakan pero malaki pa rin ang 2-3. For example, if my income for this month garnered to 80k ish, the set up would look like this: 50% goes to fixed expenses - P40k 30% goes to wants - P24k 20% goes into savings - P16k Hello! I am a student and I’m planning to earn and save money for my needs and wants. ) Usinh new deposits to pay interest on older deposits make it a ponzi scheme, and theyre required to close before that even happens. What you I’m saving for a trip to Japan/Switzerland and already calculated my expenses and how I plan to save for 3-5 years. I worked as a civil engr for different companies and govt agencies for almost 7yrs doing part-time, taking OT as much as I can, and living a very frugal life to save money as much I can but still not enough to reach my target because the Hello! I’m 21F planning on going back home to the Philippines by myself for 40 days. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. So when I'm sprouting I often will seed 10 lettuce in one pod and then separate but you could do Mahirap mag-save for retirement sa Pilipinas, especially if you’re starting from scratch. As in meron syang megabox full of No it's not. If I can save 75pesos by carrying a small amount of cash for less than 5mins then I have no issues doing it. You need to invest it. A collection of ideas for Filipinos to significantly improve financial decisions through frugality Hey, a doctor here! I personally advocate for generic medicines. That is why cash is the worst asset to keep. Gusto ko lang talaga kalat kalat as each bank/stash has its own purposes. They make everything such a big deal. 150 if you avail the MC card, pickup sa preferred branch. I ordered 1kg of garlic powder & 3kg of dried shittake mushrooms for 1. Since I’ll be traveling back to the Philippines for a few days I’m thinking that I should open a bank account while I’m not six digit earner yet, but I heard anecdotes that they scatter their accounts across banks. Worst case scenario ay I’ll start sa mininum wage and probably have to support my parents I think if you have a big budget where 4-20k for a planner is doable then the planner may be able to help you budget on things that aren’t as important to you. it wasnt profitable foe the 1st year, but just before the lockdown we had decent profits. Hi, I’m 28M, seeking help to everyone here for a suggestion on a sideline work. How much should I save up to spend 3d2n in Palawan? The digibanks have to go through a process to get a license, whether it's a digital or a rural one. Income - (savings + necessary living The ratio between needs/wants may vary, but as long as we save the 51% of our minimum possible monthly income, and do our best to save anything extra, we're happy. Hopefully you chose medicine because you're passionate about it cause to be honest, the money does not compensate the sacrificed youth, stress and lack of sleep + missed family milestones this job entails from us. With larger cash flow, but Same with inverter AC but the compressor is variable so even more savings. Took the money and crossed the street. Hopefully you chose medicine because you're passionate about it cause to be honest, the Hello! I’m an OFW who travels quite often and only has 1 bank account/debit card which I use for everything. It is recommended that teenagers focus on doing well at school to maximize future earning opportunities, learn how to be frugal and live beneath their means, and start Newbie here. Can you help me find a good high savings bank to store that money. It's still best to have traditional banks for cash liquidity. things to consider: Location size of Posted by u/[Deleted Account] - 14 votes and 6 comments Okay naman ang Save Up, easy to open an account. Pero most of the time BPI credit card ginamit namin kaya hindi ko din naubos yung 10k The money you save today may not even matter that much, as it would be eclipsed by the amount you can save on your first job/ main income. It's definitely no replacement for a job, but much of it is either passive or something you can do while watching tv There is little hope for engineers in this Ph economy in the medium term (10 years). Since CIMB charges nothing for transfers to all banks, no fees na if people were to pay or give me money thru GCash and I want to withdraw that money 24/7 1. a. Kahit mas maliit ang interest, the stress is not worth the money. Questions: Regarding the 350php yearly fee, can this be waived if I'm able to maintain a certain amount of money like say 10k php per year or no? Do I get an interest rate if I maintain 10k php every year? This means whatever you save is based on how much your total income and total expenses. This article shares some of the tips that can help you get started. I'd want to invest/save my money. I buy and sell from Carousell. For 2023, I started tracking my Net Worth and I have multiple bank accounts for specific purposes. I suppose that transportation is nag coconsume ng money since may baon ka naman and I hope that gets you filled through out the day. I am considering Time I'd personally prefer my money in the markets rather than in the refrigerator. Low risk - tbills, time deposits, bonds To high risk - equities, crypto, commodities And everything in between. Just make sure you do your due diligence. Higher is ideal. - CIMB - 5% promo at the moment but I mainly reco this for the unlimited free transfers to any bank via InstaPay and its integration with GCash via GSave. You can start or make your own business as long as you think that business will not go under easily. I would rather save my money ideally thru time deposit for 5 years and/or open digital accounts that earn higher interest than traditional banks. We’ve actually tried Money Lover and Money Manager. However, saving too much while you're still a student can deprive you too much of things. You need to set financial limits for yourself to avoid Today we will look at some super hacks and money saving tips for employees in the Philippines. I pay Php 1500-3000 monthly, it averages 2k-2. You can only determine the amount you can allocate to food-want after you assigned your money on all necessary expenses. I currently have money that I'd like to keep sana in a savings account. Digital banks earn 6% per annum compared to 0. The allowance get sent sakin in bpi and i want na i-transfer siya sa Top I got this order at 46% off on Grabfood no less which most people say is a waste of money. I am also very thrifty and wise with my money at the same time I don’t deprive myself with my wants (makeup, skincare, travels, dates, etc. Share Sort by: Best Open comment sort options Best Top New Controversial Old Q&A Add a Comment dreamhighpinay • Iphone 6s • 28 votes, 39 comments. Your monthly goal should be to have 10% of your salary saved up. Already had 2 matured TDs and will open a new one again this month. When we get our salary we transfer 90% to BPI. Managing your money 2. 0125% for traditional banks. But i think you don't really have full 100% access to your money since you don't have your debit card with you in case its holiday or So far, experience has been okay. 197 votes, 243 comments. Pero if interest talaga habol mo, keri lang naman. I mainly use BPI as my personal account then Skip to main content Open menu Open navigation Go to Reddit Home Learning how to save money early in your life is good. Higher interest compare to the BPI regular savings account. true BPI free pa ang cash in sa gcash, tapos there is a way you can transfer money to other bpi accts without a fee Sa sec bank may bayad 25 pesos kahit pag cash in sa gcash. What a shame. 17 votes, 30 comments. When I lived with different people, I had a roommate who would buy all his supplies in bulk. It's paid for itself and more. ) Get M2 from PAG-IBIG if you can = additional money flow (do some research on how to cash out then cycle 46 votes, 60 comments. Maliit lang suweldo ko since first job ko palang. Personal Goals is like a digital alkansya; you can stash 21 votes, 51 comments. Plenty of ways to do that like checking reviews, past sold items, current listings (name tagged or whatnot), checking his Facebook profile, or asking for vouches from buy & sell FB groups. Also ask yourself whats your goal for that money in 3-5 years. I can not transfer funds from my account with a Bank in Manila to CIMB. Hi guys. Be familiar with the terms. If there's an e-book or if di naman required mag book I keep it Hi! I'm currently a student with no source of income--allowance lang. What's the optimal bank choice for the upcoming year? 🤔 I’m a beginner in terms of money management, specifically in From all the various digital banks I've been using, the best digibank for me is Netbank. Like that time when none of us at home could buy something from the corner store because all of our money was in GCash. Hindi ako againts sa Pagibig or bank loan for constructions, pero masyado matagal (depende sa loan terms and gaano katagal mo kukunin, pero usually pag ibig is mina max 30 years yata and minimum is 2 years sorry di nako updated sa Ph) at di ko maimagine na But most of my funds are in Maya and Tonik because of higher interest. 3k maintaining balance, 5k to earn interest. Hello, i just want to ask if do you consider your appliances like Inverter type Refrigerator as an investment even though i Most appliances are durable consumer goods: one derives utility from 25 votes, 79 comments. But not directlyI got a much cheaper flight,via Dominican Republicso much cheaper that I can have 4 nights in Santo Domingo and still save money overall, compared to the direct flight to Bogotá. Cut Out Unessential Bills. Personally, I save on Maya Savings + their Maya Savings Goals, then I have funds in my GSave (CIMB), Tonik (Stash) then SeaBank. ecixwk okymg sbnyy bftl ntrsaqu njwu dqqqp xhsrgz zaasijrb oxx