It’s important to have an emergency fund for unforeseen expenses, especially medical emergencies. Moreover, having life insurance also gives your family some financial security if ever something happens to you. […]
Continue readingTag: savings account
This Is How You Lose Money in a Savings Account
A lot of people believe that putting money in the bank is risk-free. They’re just happy to receive interest on their deposits and watch their money grow. But because of […]
Continue readingThe Best Investments For Your Short Term Goals
What do you want to do this summer? Do you want a one-week vacation in Boracay? What do you want to buy within the next few months? Do you want […]
Continue readingHigh-Yield Savings vs Time Deposits vs Conservative UITFs
Many commercial banks offer high-yield savings accounts. These are cash deposit products that provide higher interest rates than normal savings. If you can afford their minimum maintaining balance and other […]
Continue reading