u/MatchOk1031

Hi! If you have 900k, how would you divide it into different digital banks/time deposit?

Im not that financially literate but I've been trying to learn and study more about it, so I would like to know how some of you will do it 🥹

I already have 100k in Maya Savings (also did the maya-grab hack for the "up to 10% pa"), but I'm a bit confused with how the personal savings work so di ko pa siya na-try

Planning to keep 200k sa traditional bank as my emergency fund.

Maybe 250k in MP2 Savings (will it still be worth it if ngayon mag-start?) but also considering a local cooperative we have in my area which has a 7% pa

and the rest, im not really sure what to do 🫠 I can still pay bills with my current salary naman so I dont really want to spend any of it (inheritance din siya from mother who died recently and masakit pa sa loob na galawin pero i want it to grow sana)

Any advice, help, tips would be appreciated! 😊

edit: i use maribank for daily expenses + paying bills (for cashback) so i dont want to use it anymore for my savings sana unless the time deposit option is also good? Thank you!

Hi! If you have 900k, how would you divide it into different digital banks/time deposit?

Im not that financially literate but I've been trying to learn and study more about it, so I would like to know how some of you will do it 🥹

I already have 100k in Maya Savings (also did the maya-grab hack for the "up to 10% pa"), but I'm a bit confused with how the personal savings work so di ko pa siya na-try

Planning to keep 200k sa traditional bank as my emergency fund.

Maybe 250k in MP2 Savings (will it still be worth it if ngayon mag-start?) but also considering a local cooperative we have in my area which has a 7% pa

and the rest, im not really sure what to do 🫠 I can still pay bills with my current salary naman so I dont really want to spend any of it (inheritance din siya from mother who died recently and masakit pa sa loob na galawin pero i want it to grow sana)

Any advice, help, tips would be appreciated! 😊

edit: i use maribank for daily expenses + paying bills (for cashback) so i dont want to use it anymore for my savings sana unless the time deposit option is also good? Thank you!