Learn to balance debt payments and savings.<\/strong><\/h3>\nAs young adults who just began to jump-start a career, deciding whether to start paying debts or when to start saving up might be a little puzzling for some. Considering the amount of student loans you have to pay and the pressure of securing your financial stability, you have to start managing your hard-earned cash as early as possible. Let\u2019s say you can dispense P4,000 from your salary to your debt payments and into your savings. Think about allocating half (P2,000) to your debts and the other half (P2,000) to your savings. You\u2019ll never know when an emergency will take place. You still need extra funds for unexpected emergencies, so don\u2019t just pour it all out into your debts.<\/p>\n
Save for your retirement now.<\/strong><\/h3>\nA lot of millennials tend to overindulge in themselves as they start to earn their own money. Instead of buying other unnecessary material things that you won\u2019t need in your daily living, why not start saving for your future retirement? Remember, the younger you start, the earlier you can retire. As young adults, your best financial asset is \u201ctime\u201d. Retiring at a young age without having to worry about money matters is an achievement! You can focus on yourself, explore the world, and enjoy life while you\u2019re still strong or even focus on your own family.<\/p>\n
Invest.<\/strong><\/h3>\nChoosing to Invest might probably be the smartest decision you\u2019ll ever make in your early twenties. A lot of young adults might objectify to this type of idea thinking that \u201cit is too early to start investing\u201d. However, think about this, the younger you are, the better time for you to start investing. Investing in your early twenties gives you an edge, the earlier you start the longer you can earn.<\/p>\n
Start investing as early as possible and improve your quality of life in the future! With <\/span>the Vidalia peer-to-peer lending<\/strong><\/a> platform, you can now invest in various loans. Apply online and join for as low as P5,000. <\/span><\/p>\nHere\u2019s a list of investment options for your reference:<\/span><\/p>\n\n- Short term: <\/strong>BPI Short Term Fund<\/a>. For a minimum initial investment of P10,000 and additional transactions of at least P1,000, you can get started in the world of investment. If you need liquidity and stable income, this is a good first fund to try.<\/li>\n
- Medium term:<\/strong> Metrobank Max-3 Bond Fund<\/a>. Do you already have an investment horizon of at least 1 year? Look into this fund, which is for young professionals who\u2019ve already built up a savings fund and have a moderate risk tolerance. The initial participation is P50,000, with a minimum additional participation of P25,000.<\/li>\n
- Medium to long term: <\/strong>BDO Equity Fund. If you have an aggressive risk appetite want potentially higher returns, and can afford to stay invested for more than three years to maximize your money\u2019s earning potential, check this fund out. The minimum investment is P10,000, and the minimum additional is also P10,000.<\/li>\n<\/ul>\n
Be a part of our growing family and let us help you get ahead of your finances as early as possible! You can visit our <\/span>website<\/strong><\/a> now and learn more about our terms and services. Fill out our online form for your <\/span>application<\/strong><\/a> and start earning!<\/span><\/p>\n![\"Start](\"https:\/\/vidalia.com.ph\/blog\/wp-content\/uploads\/2017\/12\/strat-making-20s.jpg\")
<\/p>\n","protected":false},"excerpt":{"rendered":"
Entering adulthood has its pros and cons, starting from having your job, earning your own money, making life decisions that will affect you in the long run, and so on. It can be pretty overwhelming for young adults, but developing good financial habits is one smart move to secure your monetary needs in the future. […]<\/p>\n","protected":false},"author":1,"featured_media":756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"
20 is the perfect time to nurture your good financial habits that can help you well in your future. Deciding your financial decisions early can affect your financial life forever. But what are the smart financial moves that you can make in your 20s?<\/p>
Here are 3 smart Financial moves to make in your 20s:<\/p>
Smart Move 1: Learn to balance debt payments and savings<\/strong><\/p>Learning to balance your debt payments and savings will help you to stabilize your financial situations.<\/p>
For example:<\/p>
Let\u2019s say you can devote P4,000 of your paycheck to debt payments and savings. Use P2,000 to pay your debts, and P2,000 to put in your emergency fund to cover any unpleasant financial surprises life might throw at you.<\/p>
With this kind of system, you can definitely save more and pay all of your debts instantly.<\/p>
Smart Move 2: Save for your retirement now<\/strong><\/p>Although you are still on your 20s, its not that far to earn for your retirement at a very young age. Remember, the earlier you save for your retirement, the more earnings you will have for your future.<\/p>
For example:<\/p>
Let\u2019s say you start saving for retirement at 25, putting away P2,000 a month in an investment product that earns 8% interest every year (which is typical for moderate risk funds), compounded annually. By the time you\u2019re 65, you\u2019ll have over P6.2 million to enjoy for your retirement. But if you started saving the same amount at 35, you\u2019ll only have around P2.7 million when you\u2019re 65. Waiting 10 years to save would cost you around P3.5 million!<\/p>
You will definitely going to earn that millions if you start saving for your retirement now.<\/p>
Smart Move 3: Invest!<\/strong><\/p>Try to consider diversifying into longer-term investments, and becoming more aggressive with your investing.<\/p>
Here are some investment options that you should take a look at:<\/p>
- \u00a0 \u00a0\u00a0\u00a0Short term: <\/strong>BPI Short Term Fund<\/a>. For a minimum initial investment of P10,000 and additional transactions of at least P1,000, you can get started in the world of investment. If you need liquidity and stable income, this is a good first fund to try.<\/li>
- \u00a0\u00a0\u00a0\u00a0Medium term:<\/strong> Metrobank Max-3 Bond Fund<\/a>. Do you already have an investment horizon of at least 1 year? Look into this fund, which is for young professionals who\u2019ve already built up a savings fund and have a moderate risk tolerance. The initial participation is P50,000, with minimum additional participation of P25,000.<\/li>
- \u00a0 \u00a0\u00a0Medium to long term: <\/strong>BDO Equity Fund. If you have an aggressive risk appetite and want potentially higher returns, and can afford to stay invested for more than three years to maximize your money\u2019s earning potential, check this fund out. The minimum investment is P10,000, and the minimum additional is also P10,000.<\/li><\/ul>
\u00a0<\/p>
While the time is on your side, start investing<\/a> now! \u00a0Vidalia Lending<\/a>\u00a0<\/strong>also\u00a0<\/strong>offers loan investment with fixed term of 2 to 12 months, low interest rates and no hidden fees or prepayment penalty. You can definitely provide a fund for your debt and even your retirement. Be wise with your money and start saving for your future.<\/p><\/p>","_et_gb_content_width":"","footnotes":""},"categories":[50],"tags":[67,71,65],"class_list":["post-265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-finance","tag-financing","tag-investment","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=265"}],"version-history":[{"count":28,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265\/revisions"}],"predecessor-version":[{"id":4315,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265\/revisions\/4315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/media\/756"}],"wp:attachment":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
A lot of millennials tend to overindulge in themselves as they start to earn their own money. Instead of buying other unnecessary material things that you won\u2019t need in your daily living, why not start saving for your future retirement? Remember, the younger you start, the earlier you can retire. As young adults, your best financial asset is \u201ctime\u201d. Retiring at a young age without having to worry about money matters is an achievement! You can focus on yourself, explore the world, and enjoy life while you\u2019re still strong or even focus on your own family.<\/p>\n
Invest.<\/strong><\/h3>\nChoosing to Invest might probably be the smartest decision you\u2019ll ever make in your early twenties. A lot of young adults might objectify to this type of idea thinking that \u201cit is too early to start investing\u201d. However, think about this, the younger you are, the better time for you to start investing. Investing in your early twenties gives you an edge, the earlier you start the longer you can earn.<\/p>\n
Start investing as early as possible and improve your quality of life in the future! With <\/span>the Vidalia peer-to-peer lending<\/strong><\/a> platform, you can now invest in various loans. Apply online and join for as low as P5,000. <\/span><\/p>\nHere\u2019s a list of investment options for your reference:<\/span><\/p>\n\n- Short term: <\/strong>BPI Short Term Fund<\/a>. For a minimum initial investment of P10,000 and additional transactions of at least P1,000, you can get started in the world of investment. If you need liquidity and stable income, this is a good first fund to try.<\/li>\n
- Medium term:<\/strong> Metrobank Max-3 Bond Fund<\/a>. Do you already have an investment horizon of at least 1 year? Look into this fund, which is for young professionals who\u2019ve already built up a savings fund and have a moderate risk tolerance. The initial participation is P50,000, with a minimum additional participation of P25,000.<\/li>\n
- Medium to long term: <\/strong>BDO Equity Fund. If you have an aggressive risk appetite want potentially higher returns, and can afford to stay invested for more than three years to maximize your money\u2019s earning potential, check this fund out. The minimum investment is P10,000, and the minimum additional is also P10,000.<\/li>\n<\/ul>\n
Be a part of our growing family and let us help you get ahead of your finances as early as possible! You can visit our <\/span>website<\/strong><\/a> now and learn more about our terms and services. Fill out our online form for your <\/span>application<\/strong><\/a> and start earning!<\/span><\/p>\n<\/p>\n","protected":false},"excerpt":{"rendered":"
Entering adulthood has its pros and cons, starting from having your job, earning your own money, making life decisions that will affect you in the long run, and so on. It can be pretty overwhelming for young adults, but developing good financial habits is one smart move to secure your monetary needs in the future. […]<\/p>\n","protected":false},"author":1,"featured_media":756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"
20 is the perfect time to nurture your good financial habits that can help you well in your future. Deciding your financial decisions early can affect your financial life forever. But what are the smart financial moves that you can make in your 20s?<\/p>
Here are 3 smart Financial moves to make in your 20s:<\/p>
Smart Move 1: Learn to balance debt payments and savings<\/strong><\/p>Learning to balance your debt payments and savings will help you to stabilize your financial situations.<\/p>
For example:<\/p>
Let\u2019s say you can devote P4,000 of your paycheck to debt payments and savings. Use P2,000 to pay your debts, and P2,000 to put in your emergency fund to cover any unpleasant financial surprises life might throw at you.<\/p>
With this kind of system, you can definitely save more and pay all of your debts instantly.<\/p>
Smart Move 2: Save for your retirement now<\/strong><\/p>Although you are still on your 20s, its not that far to earn for your retirement at a very young age. Remember, the earlier you save for your retirement, the more earnings you will have for your future.<\/p>
For example:<\/p>
Let\u2019s say you start saving for retirement at 25, putting away P2,000 a month in an investment product that earns 8% interest every year (which is typical for moderate risk funds), compounded annually. By the time you\u2019re 65, you\u2019ll have over P6.2 million to enjoy for your retirement. But if you started saving the same amount at 35, you\u2019ll only have around P2.7 million when you\u2019re 65. Waiting 10 years to save would cost you around P3.5 million!<\/p>
You will definitely going to earn that millions if you start saving for your retirement now.<\/p>
Smart Move 3: Invest!<\/strong><\/p>Try to consider diversifying into longer-term investments, and becoming more aggressive with your investing.<\/p>
Here are some investment options that you should take a look at:<\/p>
- \u00a0 \u00a0\u00a0\u00a0Short term: <\/strong>BPI Short Term Fund<\/a>. For a minimum initial investment of P10,000 and additional transactions of at least P1,000, you can get started in the world of investment. If you need liquidity and stable income, this is a good first fund to try.<\/li>
- \u00a0\u00a0\u00a0\u00a0Medium term:<\/strong> Metrobank Max-3 Bond Fund<\/a>. Do you already have an investment horizon of at least 1 year? Look into this fund, which is for young professionals who\u2019ve already built up a savings fund and have a moderate risk tolerance. The initial participation is P50,000, with minimum additional participation of P25,000.<\/li>
- \u00a0 \u00a0\u00a0Medium to long term: <\/strong>BDO Equity Fund. If you have an aggressive risk appetite and want potentially higher returns, and can afford to stay invested for more than three years to maximize your money\u2019s earning potential, check this fund out. The minimum investment is P10,000, and the minimum additional is also P10,000.<\/li><\/ul>
\u00a0<\/p>
While the time is on your side, start investing<\/a> now! \u00a0Vidalia Lending<\/a>\u00a0<\/strong>also\u00a0<\/strong>offers loan investment with fixed term of 2 to 12 months, low interest rates and no hidden fees or prepayment penalty. You can definitely provide a fund for your debt and even your retirement. Be wise with your money and start saving for your future.<\/p><\/p>","_et_gb_content_width":"","footnotes":""},"categories":[50],"tags":[67,71,65],"class_list":["post-265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-finance","tag-financing","tag-investment","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=265"}],"version-history":[{"count":28,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265\/revisions"}],"predecessor-version":[{"id":4315,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265\/revisions\/4315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/media\/756"}],"wp:attachment":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Here\u2019s a list of investment options for your reference:<\/span><\/p>\n Be a part of our growing family and let us help you get ahead of your finances as early as possible! You can visit our <\/span>website<\/strong><\/a> now and learn more about our terms and services. Fill out our online form for your <\/span>application<\/strong><\/a> and start earning!<\/span><\/p>\n Entering adulthood has its pros and cons, starting from having your job, earning your own money, making life decisions that will affect you in the long run, and so on. It can be pretty overwhelming for young adults, but developing good financial habits is one smart move to secure your monetary needs in the future. […]<\/p>\n","protected":false},"author":1,"featured_media":756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":" 20 is the perfect time to nurture your good financial habits that can help you well in your future. Deciding your financial decisions early can affect your financial life forever. But what are the smart financial moves that you can make in your 20s?<\/p> Here are 3 smart Financial moves to make in your 20s:<\/p> Smart Move 1: Learn to balance debt payments and savings<\/strong><\/p> Learning to balance your debt payments and savings will help you to stabilize your financial situations.<\/p> For example:<\/p> Let\u2019s say you can devote P4,000 of your paycheck to debt payments and savings. Use P2,000 to pay your debts, and P2,000 to put in your emergency fund to cover any unpleasant financial surprises life might throw at you.<\/p> With this kind of system, you can definitely save more and pay all of your debts instantly.<\/p> Smart Move 2: Save for your retirement now<\/strong><\/p> Although you are still on your 20s, its not that far to earn for your retirement at a very young age. Remember, the earlier you save for your retirement, the more earnings you will have for your future.<\/p> For example:<\/p> Let\u2019s say you start saving for retirement at 25, putting away P2,000 a month in an investment product that earns 8% interest every year (which is typical for moderate risk funds), compounded annually. By the time you\u2019re 65, you\u2019ll have over P6.2 million to enjoy for your retirement. But if you started saving the same amount at 35, you\u2019ll only have around P2.7 million when you\u2019re 65. Waiting 10 years to save would cost you around P3.5 million!<\/p> You will definitely going to earn that millions if you start saving for your retirement now.<\/p> Smart Move 3: Invest!<\/strong><\/p> Try to consider diversifying into longer-term investments, and becoming more aggressive with your investing.<\/p> Here are some investment options that you should take a look at:<\/p> \u00a0<\/p> While the time is on your side, start investing<\/a> now! \u00a0Vidalia Lending<\/a>\u00a0<\/strong>also\u00a0<\/strong>offers loan investment with fixed term of 2 to 12 months, low interest rates and no hidden fees or prepayment penalty. You can definitely provide a fund for your debt and even your retirement. Be wise with your money and start saving for your future.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"<\/p>","_et_gb_content_width":"","footnotes":""},"categories":[50],"tags":[67,71,65],"class_list":["post-265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-finance","tag-financing","tag-investment","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=265"}],"version-history":[{"count":28,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265\/revisions"}],"predecessor-version":[{"id":4315,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/posts\/265\/revisions\/4315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/media\/756"}],"wp:attachment":[{"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vidalia.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}