Skip to main content

3 Important Reasons Why You Should Save Money

Whenever payday arrives, almost all of us becomes a one-day-millionaire, we buy what we want, what we need and pay what we need to pay with our hard-earned money.  That is one reason why most of us live by payday to payday.

It is rewarding to get the gadget that you aim for or fulfill that vacation that you have been planning for a year or those cool sneakers whom you've saved money for months in your trusty piggy bank.

But while self-reward is vital, some tend to overdo this at the expense of the need to save.

You don't need to attend seminars or become a financial advisor for you to know the importance of saving for your future and whatever unexpected, while it seems that we only have enough money to get by every payday, it does not hurt to sacrifices a few our "wants" to save for what we need and gain financial freedom.

A Bangko Sentral ng Pilipinas survey on consumer expectations for the first quarter of 2019 showed that only 36.6 percent of Filipino households have savings.

This means 63.4 percent of Filipino households do not. Add to this, too, that as of 2017, only 22.6 percent of Filipino adults had formal financial accounts (bank, e-Money, microfinance, cooperatives), and the rest remain unbanked, according to BSP’s Financial Inclusion Survey that year.

With the rise of financial technology, new platforms have emerged to provide ease not just in payments but also in saving. Leading mobile wallet GCash is encouraging its users to save more: deposit at least P1 peso for the first time in your GSave account and get a share from a pot of P2 million.

So why save? It’s rewarding! Here are some reasons why:


Having spare money is vital in having a feeling of security in case of an emergency. Scrounging for cash in the middle of an unexpected event is highly stressful, so building savings as an emergency fund is important.


With consistency, savings reach a certain level over time that it could serve as seed money for investments with high returns, such as stocks, bonds or mutual funds.


Having savings mean freedom from financial uncertainty and insecurity, and this ultimately leads to increased happiness, according to a 2013 survey by Ally Bank of the United States. Respondents in the survey said having spare money in the bank enhanced their well being even more than having a good job, doing regular exercise, or having a healthy meal.

So how about starting your savings? Start with just a peso. It will go a long way.


Melanie Calosor said…
Me po mamsh kahit maliit nagtatabi para sa future nang anak ko, for emergency, at education nang mga bata.Needbto be wise lalo n this time hindi naten masasabi ang panahon.
Revel said…
tama po momsh.., kailangan po namin magipon hindi lang para satin kundi para sa pamilya at mga anak .,sa education at emergency at pang-araw araw na gastusin sa buhay.
Aizza Sebastian said…
Meron din po akong gcash save dati momsh kso nkapag open po ako uli ng another CIMB account eh di po pla pwde yung two accounts n active.kya nmili po ako ng po gingamit ko sa pag iipon ko aara sa future ng baby ko.

FB: Aizza Sebastian
IG: aizza_sebastian18
Tama!! Kelangan talaga merong ipon lalo na para sa future ng mga anak ko specially sa pag aaral nila..

Fb:Romaraog karen
Aiza Gregorio said…
Korek ka jan momshie.. Kailangan talaga natin ang may ipon kahit papanu.. Para pagay emergency ay may dudukutin tayo. At para nadin sa future ng mga anak natin..
Korek momsh! It is very important talaga to save money para in case an imergency happen may magagastos tayo.��
jennifer londe said…
Ganyan ako mommy laging my tabi tuwing my barya ako ilalagay ko sa coin purse ko pag kaya di ko namamalayan puno na siya..Maganda kasi pag may nakatabi ka incase on emergency my madudukot ka agad..
Nolour De los Santos said…
Maganda talga magtabi nang pera.. para kung may di inaasahan na pangyayari na nangangailangan nang pera meron tayo makukuha..

Popular posts from this blog

Staycation at Bosay Hotel and Resort in Antipolo

After a gruesome week at work, I was able to spend my off with my family and we decided to have a staycation, with some recommendations from my colleagues and friends, we chose to stay in Bosay Resort in Antipolo.

Although I have read some bad review, we decided to still pursue to see what they have to offer since the place is pretty accessible by commute or by car.

We stayed in their hotel for 2 days and 1 night and here's what I can say with the experience that we had with Bosay Hotel & Resort.

First of all, I am proud to say that I am really impressed with their customer service. It was superb, we were assisted from the time we arrived, during our check-in process and their staff is really courteous.

The staff who assisted us on our way to the hotel even spent the time to explain details about the resort and its facilities, and I can say that their employees are really knowledgeable about what their resort has to offer.

Upon arrival at the Hotel lobby, it has a relaxing am…

Maxicare Opens Their Newest Primary Care Center in BGC

How great it is to know that Maxicare opened their first and newest Primary Care Center and will be open 24/7.

In this kind of day, it's a smart idea to have a healthcare card. My family has been a member of Maxicare for almost 5 years now. Maxicare is one of the best HMO providers that we trust.They have been providing health care services since 1987.

As Maxicare Healthcare Corporation celebrates their 30th Anniversary they opened the first and newest Primary Care Center (PCC ) in Bonifacio Global City ( BGC) in Taguig City. True to its words Maxicare only wants to provide superior and quality healthcare maintenance and ensure the satisfaction of their customers/members.

The new Maxicare Primary Care Center will be ready to serve their 1.1 Million Filipino members to provide a more convenient way for their Maxicare health benefits. The PCC will be operating 24/7.
This is a good news to all the members especially to BPO employees who work near the vicinity as they can seek fast me…

Say Yass! to Two Greenwich Lasagna Supreme Regular Pans for the price of one

Pasta comes in different shapes and sizes but whatever it is no one can keep us away from loving it whether it be a red or white sauce, Italian, Filipino Style, Pesto or in any way you like it pasta will be a Filipino favorite.

Speaking of pasta, aside from our regular favorites, this pasta has been a favorite of a lot of Filipino, and this is Lasagna, a delightful pasta dish oozing with multiple layers of meat and sauce on every layer of pasta and cheese, giving every bite a wonderful experience.

But what makes lasagna so special? The Greenwich Lasagna Supreme, for instance, an all-time favorite of actress and Greenwich kabarkada Yassi Pressman, has four delicious elements that make it so hard to resist.

It's beefy. One of the secrets to a great lasagna is in the meat. Greenwich uses high-quality ground beef that is perfectly simmered, browned and delicately flavored with spices to release its juicy and beefy flavors. If cooked correctly like the way Greenwich does it, the beef fl…