Learn How Smart Choices Lead to Financial Security

Celebrating wins, no matter how small, is something many should start practicing.

This stemmed from the rising mantra of “healing your inner child,” which became the recent mindset of many: rewarding oneself with items and experiences that one was deprived of when one was younger.

It is as important to establish a strong financial foundation. People at the beginning of their careers should learn how to find the balance between both.

Splurging feels good, but having a secured financial future is even better! This Savings Consciousness Week, let’s discover why saving and building wealth are game-changers, and explore smart practices for achieving financial security:

  1. Financial Security for Peace of Mind

Imagine battling life’s curveballs stress-free by handling all those unexpected bills like a pro. Building a savings cushion isn’t just a backup plan—it’s your ticket to peace of mind! Consider budgeting with a Personal Savings Account to track expenses and prioritize spending, covering both needs and wants while enjoying life’s indulgences securely.

  1. Seize Life’s Opportunities

Good financial habits let you pursue goals without worrying about financial constraints. Travel, education, that dream gadget — saving money opens doors to what matters most. You can start investing early with a Time Deposit to grow your wealth quickly and pounce on any chance life throws your way!

  1. Achieve your Long-Term Goals

From buying your first dream house, launching a startup, to retiring comfortably, long-term goals need a solid financial base. Enhancing your financial literacy is essential for making informed decisions and optimizing savings. Start exploring products at your nearest bank that align with your financial goals and long-term plans!

This Savings Consciousness Week also reminds us to balance the “healing my inner child” attitude with financial discipline.

  • Treat yourself wisely

Treat yourself while prioritizing what you truly need, skip the impulsive purchases, and watch your savings skyrocket! Achieve that dream vacation without stressing about finances. Plus, using a mobile app makes it easy to track your money, pay bills, and save—all from one convenient spot.

  • Good things take time

Sure, impulse buys and little treats are thrilling. But saving up? That’s how you snag the big prizes: a sweet pad, your own business, or globetrotting adventures. Challenge yourself with goals like saving a specific amount daily, having a “no-spend” weekend, or even trying a “no-iced coffee week” to boost your savings.

PSBank joins The Bangko Sentral ng Pilipinas (BSP) in celebrating Savings Consciousness Week from June 30 to July 6, 2024. Every year since then, banks and financial institutions have taken part in Savings Consciousness Week, an annual event aimed at raising awareness about the importance of saving money and its role in shaping the country’s economy.

Start securing your finances with PSBank by opening an account through its mobile app for simple and effortless banking that supports your financial goals. Simply download the PSBank Mobile App in your smartphone, with just a few taps and a selfie, you’ll have a savings account and a free ATM card that you can opt to pick-up at your nearest PSBank branch or have it delivered at your preferred address.