GoTyme Bank is a licensed digital bank in the Philippines, offering convenient banking services to Filipinos through its mobile app. As a regulated bank by Bangko Sentral ng Pilipinas (BSP), all deposits with GoTyme Bank are insured by the Philippine … Continue reading
One of the key questions people often ask is, “Should I be saving or investing my money?” The answer is not always clear cut and there are pros and cons to both. In this post, we’ll explore the difference between … Continue reading
I’m sure some of you are already itching for me to start discussing investment-related topics on this personal finance blog. I am too. In fact, I am more than excited to share with you my journey in the stock market. … Continue reading
When I discussed Emergency Funds the last time, I mentioned that it’s best to put them in high-yield savings accounts to lessen the impact of inflation. Why opt for a High-yield savings account and not a commercial bank? Most commercial … Continue reading
An emergency fund is a substantial amount of liquid assets/funds that you can use in case of unprecedented events like the following: If I have savings/investments, do I still need one? Let me stress the term: emergency. So ang tanong, … Continue reading
Before I give you a rundown of the reasons why I don’t have a million pesos in my name at the age of 39, let me give you a little bit of my work background. I graduated from college at … Continue reading
Maya Bank is a digital service bank supervised by the Bangko Sentral ng Pilipinas. They offer a base interest of 3.5% per annum on your deposits (up to 5 Million) for their “My Savings” account. The base interest rate can … Continue reading
Seabank offers a high-yield savings account where you can earn 4.5% interest per annum on your deposits (first 250 thousand). The fraction of the interest per annum on your deposited money is credited on a daily basis (usually between 12MN … Continue reading
CIMB Bank is one of the earlier known digital banks (though in essence, it’s actually a Rural bank) in the Philippines. They offer 3 savings accounts that provide different earnings/interests per annum and the interests you earn are compounded monthly. … Continue reading