Meet the experts on losing a crapton of money

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Paid partnership with GCash

Part of the struggles of adulting is that we suck at handling our budgets. It’s not uncommon for the average youth to be chest-deep in Petsa De Peligro, struggling to meet even their most basic needs.

It’s hard to pinpoint the exact cause of our probs. It might be due to a low-paying job. Maybe our milk tea addiction is the culprit. Or we could simply be stuck in the trappings of adulting, where our obligations tend to be more than what our wallets can handle.

As demoralizing as this feeling of inadequacy may be, it turns out we’re not alone. 66% of Filipinos who don’t have savings are also in the same boat. By choice or by design, most of us won’t have anything to fall back on, should things go sideways.

The issue doesn’t discriminate either. It transcends sex, profession, and social status, as shown by these #PlsSaveMe horror stories.

ROBI

The actor/tv host didn’t exactly have the most ideal start to his career. Robi admitted that he spent all of his winnings from a reality show (amounting to 500k) in a span of a week.

 

HENINAH

Heninah is the Art Director who came up with the idea for this campaign, but for some reason, she has no idea where her savings go.

 

ERIKA

Erika is a doctor who saves lives. The one thing she can’t save, however, is her wallet.

 

LUCIA

As per this lawyer’s own words: ‘If having no savings was a crime, I would be in jail.’

 

NICO

As an HR executive, Nico is an expert in caring for everything – except his savings.

This October 31, World Savings Day, GCash aims to put an end to these #PlsSaveMe horror stories and get more Filipinos to open a savings account.

GCash users enjoy 12x higher interest rates than the country’s #1 bank, with no minimum deposit required. With only 1 valid ID, you can now open and track your savings account anytime, anywhere!

You can also win prizes! See the vid below:

Mas sulit mag-save on World Savings Day! Deposit any amount and win an iPhone, trip for 2, or a Huawei Nova 5!Visit bit.ly/WorldSavingsDay2019 and stay tuned for the raffle draw (bit.ly/WSDraffle)Download the GCash App or register to GCash on Messenger, available for all networks! #WhatCantYouDoPlay Store: bit.ly/GCashAndroidApp Store: bit.ly/GCashiOSGCash on Messenger: m.me/gcashofficial

Posted by GCash on Tuesday, October 29, 2019

 

Got you interested? Join this movement by tuning in to the GCash World Savings Day telecast, the whole day on October 31, 2019 on Rappler, Facebook Live, and the GCash Facebook page (www.facebook.com/gcashofficial).

 

About GCash

GCash is a mobile wallet application that has 20 million users and over 70,000 partner merchants. It is owned by Mynt, the fintech arm of Globe Telecom, Ayala Corp., and Ant Financial, an affiliate of Jack Ma’s Alibaba Group.

GCash Save is a PDIC-insured savings account within the GCash application and is powered by CIMB Bank Philippines, one of the largest banks in the ASEAN region.

Through this partnership, GCash and CIMB Bank Philippines are able to offer the highest interest rates in savings in the country, all within an all-digital experience.

GCash Save was made available to the public last April 2019 and was able to open 500,000 accounts by August 2019, less than half a year later.

Both GCash and CIMB Bank Philippines are regulated by the Bangko Sentral ng Pilipinas.