Money-saving tips to practice every payday

Whether you’re expecting your first paycheck, or you’ve been working for years, learning how to manage your money can be a bit daunting if you don’t know where to start. Senior Financial Advisor and Certified Associate Financial Planner Antonette Aquino shares her tips to building money habits so you can start achieving your financial goals.

• Prioritize your needs over wants. Avoid splurging on things that will not bring you value in the future. Aquino also says that we can treat ourselves occasionally to enjoy the fruits of our hard work without jeopardizing our money goals.

• Pay yourself first. Before paying bills, commit to setting a percentage of your income for savings and investments.  Make sure to do this consistently!

• Separate your finances according to your needs. For people who are still trying to get the hang of saving, Aquino recommends separating your funds according to your needs, which allows you to have a clearer view of your spending and saving habits. Instead of having all your money in one savings account, you can distribute it into different accounts meant for recurring expenses, emergency funds, savings, and leisure.

• Live within your means. If you continuously level up your belongings and lifestyle every time you earn more money, you will never be able to hit your targets.

• Invest as early as today. If you start saving and investing as soon as you start earning, you will reap the benefits of financial freedom sooner rather than later.

Saving money allows you to enjoy greater security in life, especially in times of emergencies or unexpected situations. In this area of life, the habits you build will make all the difference.

Start your financial journey with GSave

GSave, the first-ever savings account which you can open and maintain on your GCash app, has now built the GSave Marketplace — helping you control your money conveniently through safe and secure digital banking.

The GSave Marketplace lets users select a bank partner depending on their needs. Whether it’s interest rate or account accessibility, GCash provides reliable and trusted bank partners, including CIMB Bank and BPI.

With CIMB Bank, your money can grow at 2.6% interest per year - one of the highest rates in the country. Meanwhile, with BPI, users can now open a BPI MySaveUp account through the GCash App, allowing them to easily view their balance, deposit and withdraw at their own convenience. BPI account holders will also be issued an ATM card for their account, so they can access their funds via BPI branches and ATMs nationwide.

Following through with its promise to provide a hassle-free experience to its customers, all you have to do to start your banking journey with GSave is a valid ID to verify your GCash account. Through GSave Marketplace, users can rely on and easily access where users can choose from a variety of saving products.

Get started on your savings today with GSave!

To know more about the service, visit https://help.gcash.com/hc/enus/sections/360004696233-GSave