Pag- impok sa bangko

[midnight]

Do u save money by Time Deposit or just for Savings Account ? Is it better to Time Deposit your money or no need to do that ? What is the best way to save your money ?
I need suggestions :wave:

Peace Out !

[bell]

hello midnight..ang opinyon ko mas maganda ang naka time deposit kasi safe yon pera mo and tumutubo pa sya.kasi ako ganon ang ginagawa ko yearly sya and sa 1year malaki laki rin ang tubo kaysa itabi mo lang dyan sa tabihan mo ng dimo namamalayan ubos na pala kasi di mo makontrol ang paggastos...:D

[docomo]

a time deposit accounts offers a slightly higher interest rate than the regular savings account but with a holding period (30 days, 60 days, 90 days). :)

[midnight]

i am wondering kung san mas maganda magimpok na bank sa atin sa Pinas...
Metrobank or PNB ? though i have savings sa 2bank na to ???

[bell]

hello midnight ...sa experience ko ha..sa pnb ako may time deposit.yon sakin kasi sa 50 thou.ang interest nya eh umaabot ng 12thou in 1yr.sya ha.diba ang laki.dimo mapupulot yon kung saan.suggest ko lang po..:D

[midnight]

i also have a time deposit in pnb. But I haven't check how much interest there is...

[bell]

Alam ko depende yon sa buwan o taon e.kung taon mo bago kuhain malaki.and pabago bago din kasi ang rate nila.ask ka lang sa teller papaliwanag nila sayo yon.maganda kasi alamin mo muna ang rate.:)

[ganda_girl89]

bell,ask ko lang,are you sure tama ang figures mo na yung 50T mo ay kumikita ng 12T per annum or 24% per annum?

AFAIK,nasa around 5% lang per annum ang interest rate ng time deposit sa phils minus tax pa.
ang ave equity or housing housing loan ay nasa 10%+ para sa fixed 1 yr at ang isang car loan ay nasa 5-6% para sa fixed 1 yr term.kung magbibigay sila ng 24% sa mga depositors at kikita ng 5-10% sa mga barrowers,di kay malulugi ang banko?

naalala ko noong asian currency crisis noong 1998,nag offer ang metrobank ng double your money in 5 yrs campanign (bale 20% x 5 yrs)para maka attract ng capital pero halos ilang buwan lng at ipinatigil nila dahil sa dami ng kumagat sa offer.

[docomo]

i am wondering kung san mas maganda magimpok na bank sa atin sa Pinas...
Metrobank or PNB ? though i have savings sa 2bank na to ???

both are good maganda rin ang BPI :)

[docomo]

@midnight

here's the link :

http://www.bpi.com.ph/

http://www.pnb.com.ph/

http://www.metrobank.com.ph/

[abakitba]

Do u save money by Time Deposit or just for Savings Account ? Is it better to Time Deposit your money or no need to do that ? What is the best way to save your money ?
Time deposit advantage higher interest rate
disadvantage less liquid, have to wait for maturity or pay a penalty
Savings account lower interest rate,
more liquid, availabe anytime bank is open or if bank has internet banking or atm.

[abakitba]

Do u save money by Time Deposit or just for Savings Account ? Is it better to Time Deposit your money or no need to do that ? What is the best way to save your money ?
If you have any debts, for example, credit card debt or bank loans, you'd be better off paying the debt (instead of saving your money) since most of those loans have higher interest rates than savings accounts or time deposits.
Standard Financial Planner advice would be to have three months pay in a savings account for emergency purposes. Any more than that should be placed in an investment vehicle after paying off those credit cards or bank loans.

[bell]

bell,ask ko lang,are you sure tama ang figures mo na yung 50T mo ay kumikita ng 12T per annum or 24% per annum?

AFAIK,nasa around 5% lang per annum ang interest rate ng time deposit sa phils minus tax pa.
ang ave equity or housing housing loan ay nasa 10%+ para sa fixed 1 yr at ang isang car loan ay nasa 5-6% para sa fixed 1 yr term.kung magbibigay sila ng 24% sa mga depositors at kikita ng 5-10% sa mga barrowers,di kay malulugi ang banko?

naalala ko noong asian currency crisis noong 1998,nag offer ang metrobank ng double your money in 5 yrs campanign (bale 20% x 5 yrs)para maka attract ng capital pero halos ilang buwan lng at ipinatigil nila dahil sa dami ng kumagat sa offer.ewan ko nga eh..pero yon ang natanggap ko na tubo don sa pera ko.kasi umpisa ko na pera na inilagay is 50,000 then after 1yr.nakuha ko yon tubo nya na 12,000 nakabili nga ako ng appliances non kasi yon ang pinambili ko magchristmas pa naman non.pero \baka iba iba rin siguro yong type ng time deposit.:rolleyes:

[abakitba]

What is the best way to save your money ? I need suggestions!
Best way to save money is to have a plan. (This will take work).
1. List your goals.
List all the things you would like to experience, achieve or acquire during your lifetime. Include short-term (3yrs or less), intermediate-term (4-6 yrs) and long-term goalsm(7yrs or more).
Put down the time (# of years) and how much money you need.
Examples: Pinas vacation one year 400,000Y, new car four years 600,000Y,new home deposit seven years two million yen, retirement ???yen
2. Inventory
Once you have established your goals, the next step is to determine the resources you will need to help you achieve those goals.
List ALL your ASSETS - cash, savings accounts, real property, stocks, bonds, rental income, everything you have that is worth money.
List ALL your LIABILITIES (money you owe) - house payment, car payment, credit card balance, etc.
List your MONTHLY INCOME - sweldo, rental property, interest & dividends from investments
List your MONTHLY EXPENSE - house payment, food expense, tuition, car expense (fuel & maintenance), clothing, medical insurance, tv, internet, bills ;-) etc.
ADD your ASSETS and INCOME, LIABILITIES and EXPENSES.
3. Analyze.
Most financial planners will recommend 3-6 months basic living expense as an emergency fund.
If you don't have this, they will recommend you put it as a GOAL. This should be in a savings account or a short term time deposit. You should consider personal INSURANCE for emergencies.
Look at the numbers you collected in step 2. Are your goals realistic or too ambitious. How much do you need to save to achieve each goal. Is your timeline adequate? Could you earn more and spend less? Should you change your goal or substitute them... example Pinas vacation, EB na lang sa Chiba.
4. PLAN
Start saving early. Use an automatic saving plan if available from your employer. Save your pay increases. Establish an amount that you have to achieve every year.
5. UPDATE
Each year consider your lifelong goals. Anticipate economic factors. See if you are reaching your goals.
Hope this wasn't overkill. Good luck and I hope you prosper. I want everyone to get rich:D

[abakitba]

Do u save money by Time Deposit or just for Savings Account ? Is it better to Time Deposit your money or no need to do that ? What is the best way to save your money ? I need suggestions :wave:Peace Out !
What are you saving money for?
Is it for a particular goal... or just a place to put your money?