Investing, or making investments, has long been viewed as an exclusive domain reserved for the wealthy, shrouded in complex jargon, and inaccessible to the average person. However, this perception is a myth.
According to financial experts, however, the world of investing is open to everyone, regardless of their financial background.
With the right knowledge and a willingness to learn, anyone can navigate this exciting realm and unlock the potential for financial growth and stability. Union Bank, the Philippines’ leading digital bank today, has come up with this MONEYfesto to get you started on the wonderful world of investing.
The investment world is shrouded with mysteries
It’s as if it’s another dimension made only for the rich. But all of these are but a myth as we lift the veil to reveal that investing can be for everyone. If you have the will, you can learn to navigate the nitty gritty of this exciting realm.
The bull market, index funds, corporate bonds, dividends, equities… it doesn’t have to be alienating or out of this world. Union Bank prepares you to enter the wonderful world of investment, where curiosity and knowledge are key!
Be on the road to financial freedom by doing the following:
- Know thy Investment — educate yourself about different investment options, strategies, and the market! You’ll have to understand concepts like risk and return, diversification, and asset allocation. Some investments you can look into are Stocks, Exchange-Traded Funds, Retirement accounts, Mutual Funds, etc. The list goes on and on! Be warned though that you should not invest in something you do not fully understand. If it’s too good to be true, then it probably is.
- Budget — better know your budget! Your financial situation is important—it’s your key to the investing world, so you can comfortably portion it towards investing.
- Investment Goals — open a bank account and set aside money for investments. You can use UB Online’s Goals feature to do this. It will automatically allocate your money aimed at investing (or any other goals for that matter)!
Start investing NOW!
That will always be the perfect time for you to do this. Take control of your finances this very moment and your future self will thank you.
This may be the end of the MONEYfesto series but this is only the beginning for you. The beginning of your progress towards a life that will give you inner peace and a sense of security. A life where you have enough savings to cover emergencies without sweating bullets. A life where debt is but a fading memory or a beast you’ve tamed over time. A life where a wealthier version of you awaits. A life where you’ve conquered oppression and where you rise as the protagonist of your life’s money story.
As we end this MONEYfesto series, remember that this is just the beginning of your financial journey. The road to financial freedom is paved with informed decisions and thoughtful planning. Investing is not just about accumulating wealth; it’s about achieving inner peace and a sense of security.
Imagine a future where you have enough savings to cover emergencies without stress, where debt is a manageable aspect of your financial landscape rather than a burden.
Visualize a wealthier version of yourself, confident in the knowledge that you’ve taken control of your financial destiny. This is not a distant dream; it’s a tangible reality that you can achieve through consistent and mindful investing.
By lifting the veil on the world of investments, we hope to empower you to take charge of your financial future. The mysteries of the investment world are not insurmountable barriers but challenges that can be overcome with the right mindset and resources.
As you embark on this journey, remember that you are the protagonist of your life’s money story. With each informed decision, you are writing a narrative of financial independence and success.
About Union Bank
UnionBank embraces the future of banking and is committed to being the Philippines’ leading digital bank to best serve the growing needs of Filipinos everywhere.
Union Bank gets the distinction of being the first universal bank in the Philippines to operate as a VASP
The bank has always been among the first to embrace technological innovations to empower its customers. With this, it has consistently been recognized as one of Asia’s leading companies, ranking among the country’s top universal banks in terms of profitability and efficiency.
In 2023, Union Bank of the Philippines secured a license from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset provider (VASP) — any natural or legal entity that exchanges, holds, safe-keeps, sells, converts, or transfers virtual assets on behalf of another natural or legal entity.
As such, it gets the distinction of being the first universal bank in the Philippines to operate as a VASP.
Source: MONEYFESTO 3: The Curious Case Of Investments from ｜PR Station