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Time Value of Money: How to Determine the Value of Money with Respect to Time

Money received today is more valuable than the same amount of money a year from now. It is essential to understand the relation between mone...

5 Things You Can Do to Secure Your Future

Lean to Fat Savings
Personal finance has never been part of the Philippines' educational system. As a result, most of the population does not have a foundation for handling their finances. Moreover, Filipinos seldom discuss personal finance in their home. Parents do not often teach their children how to manage money. They generally think that children are too young to know about saving and investing. That is one of the main reasons why parents don't teach finance to their children at home. Even in my own home, personal finance is a topic we never discussed. I had to learn these things by myself or through experience.

Most people disregard their financial future. They believe they have ample time to secure their future. If they only realize that time plays a vital role in accumulating wealth, they will change their thinking. In general, it is easier to accumulate wealth if you have ample time to build it. For example, with an investment offering a 10% return on an annual basis, one hundred thousand invested over twenty-five years will accumulate one million. On the other hand, you will need four hundred thousand with the same 10% return to gain one million in ten years.

GCash Save Money- High Interest Savings Account.

Opening an investment account takes time to complete the required paperwork. I've been looking for a way to simplify how I save and invest. That was when I came across an exciting feature on my Gcash account.

Gcash High Interest Savings Account

Fast and Easy Enrollment

GCash Save Money is a savings account that is accessible for Pinoys to enroll. Enrollment is fast and effortless. No more going to the bank filing up several forms and no more complying with several requirements. All you need is a Gcash account and one government ID to validate your account. Since my GCash account is verified, I was able to transfer funds to my savings account.

How to access Gcash High Interest Savings Account