I reached a savings of P600k+ because of Pag-Ibig MP2
I reached a savings of P600k+ because of MP2 not because of its dividends but because ginawa kong automatic yung deposit sa knya.
So bago ko pa iwithdraw yung sahod ko, na deduct na yung contribution ko to MP2 through salary deduction.
I read an article before suggesting that one of the best ways to save money is to automate your savings. Like automatic transfer to your savings account. Eto agad ginawa ko noong 1st job ko.
I’m not sure if existing pa pero meron account dati si BPI na Save-up at doon ako nagsasave dati. Automatic transfer siya from my BPI Payroll to Save-up pero cinancel ko siya since maliit interest ng Save-up.
Nung nadiscover ko MP2, nag-open ako account and doon ko linagay yung naipon ko from Save-up. Then luckily our HR/company is able to facilite salary deductio and remit it to MP2.
I have 2 MP2 now, isang Lump-sum and yung Monthly payment.
I try niyo din ganitong strategy. Hindi niyo namamalayan nakaipon na pala kayo. Pag naka automate savings niyo, nawawala yung friction na need niyo mag save. Like para nalang siyang bills na part na ng buhay mo 🙂