The vacations might have left your pockets feeling lighter than you’d like, however that doesn’t imply you need to sacrifice your fashion or consolation within the new yr. When you’re able to bounce again and maintain your property (and life) feeling cozy with out blowing your price range, Maya, the #1 Digital Financial institution App within the Philippines, has you lined!
With these easy, sensible ideas plus Maya’s high-yield financial savings and versatile credit score choices, you’ll be on observe to start out 2025 feeling financially safe and assured.
1. Run via Your Put up-Vacation Funds
Consider this like a fast declutter session to your checking account. Collect these vacation receipts, examine your statements, and decide exactly the place your cash went final December. Did impulse gifting or last-minute occasion bills take a much bigger chew out of your price range than anticipated? Maya makes it simple to trace spending in actual time, so that you’ll know exactly the place you stand and may set extra sensible objectives transferring ahead.
2. Attempt a One-Week Spending Freeze
Earlier than you decide to a brand new month-to-month price range, give your self a brief “monetary detox” to see what bills you actually want. It might be urgent pause on non-essential buys or solely overlaying the fundamentals like groceries and payments. Afterwards, examine your Maya app to see how a lot you saved and use that mini success as motivation to set a brand new month-to-month spending plan.
3. Keep in Management with a Pay as you go Funds
After mapping out your monetary plan, maintain your day-to-day spending in examine with the Maya Card. This debit card means that you can spend solely what’s in your Maya Pockets, providing you with a real-time grip on each peso. It’s good for on a regular basis buys like groceries or a fast espresso run, minus the chance of overshooting your price range. You’ll additionally see your steadiness replace immediately within the Maya app, so you realize precisely the place your cash goes and may dodge impulse splurges.
4. Give Your Money a “Spa Day” in Excessive-Yield Financial savings
When you’ve taken inventory, it’s time to let your cash do the heavy lifting. Maya’s high-yield financial savings, providing as much as 15% each year (p.a.), is like giving your money a refreshing spa day. Whether or not you deposit an enormous chunk or chip in smaller quantities all through the month, watching your steadiness develop seems like a bit win each single day.
Wish to take it a step additional? Begin recent monetary objectives for the brand new yr with Maya Private Objectives, the place you possibly can set as much as 5 distinctive targets, every incomes as much as 6% p.a. till Jan. 31. Want extra construction? Attempt Time Deposit Plus — lock in your financial savings for 3, 6, or 12 months with charges as excessive as 5.75% p.a. It’s the final word passive option to get better from vacation spending whereas constructing towards one thing even higher.
5. Lean on Maya Straightforward Credit score for Emergencies
Generally life simply can’t wait to your month-to-month price range to catch up — like once you want a gadget improve or do residence enhancements as you enter the brand new yr. As an alternative of draining your newly revived financial savings, Maya Straightforward Credit score acts as your monetary security, so you possibly can maintain that pockets detox momentum going robust.
With a bit planning and some sensible swaps, you possibly can flip January right into a recent begin to your funds. To be taught extra, go to maya.ph or mayabank.ph. And don’t overlook to observe @mayaiseverything on Fb, Instagram, YouTube, and TikTok, plus @mayaofficialph on Twitter for extra ideas, tips, and updates on the right way to keep budget-savvy all yr lengthy.
Maya Philippines, Inc. and Maya Financial institution, Inc. are regulated by the Bangko Sentral ng Pilipinas (www.bsp.gov.ph). Deposits are insured by PDIC as much as P500,000 per depositor.
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