Protection
Put yourself at ease by protecting those you love
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{{label}}14 October 2019
Money can’t buy happiness, as the old adage goes. But this is actually a misunderstood and incomplete phrase that gives a misleading idea that money is not important at all.
Instead, the phrase to keep in mind should be: “Being smart with your money can help you live a happier, better life.”
This means that happiness does not depend on how much money you make, but on how well you manage the money you have - so you can reach the goals that ultimately make you happy.
Unfortunately, money management is a skill that most Filipinos are still struggling to learn. In a World Bank study conducted in 2014, the average Filipino scored only 3.2 out of 7 correct answers in a test about basic calculus and financial concepts. This translates to an alarmingly low financial literacy of Filipinos at 25 percent, with the global average being 33 percent.
As such, it’s essential to educate people on how to make the most of their savings and grow their money over time – with the ultimate goal of building happier, better lives.
How You Can Make the Most of Your Savings
Make Your Money Work for You
The first step to a comfortable life is to let your money work for you. Once you’ve saved up enough, you should look for investments that will allow you to achieve your goals. Managing your money correctly will not only give you a lot of financial breathing room, but it will also give you and your loved ones comfort and security even after you are gone.
For more information, send us an email or call our customer care hotline at (632) 528-5501. Or better yet, visit any of our 900 BPI branches nationwide, and ask one of our Bancassurance Sales Executives to help you come up with the best way to make the most out of your savings.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!