Now it’s time to take what we learned about saving to the next level.
While you have fun listening to that clink, clink sound made by your five and ten-peso coins as they join the heap in the piggy the time has come for some serious saving – a bank savings account.
I know, I know. You may already have one. But my brother and sister, I’m not talking about that one you keep just so you can say you have a savings account.
I had just the one like yours. I barely kept it above the maintaining balance. If truth be told, more often than not it’s even below that. That being the case, I paid for the snacks of one of my bank employees every month my account was below the minimum. The bank was charging me Php50 penalty for that.
I’m not talking about the one with ATM instead of a passbook or a passbook with an ATM account, either.
If you are anything like me before I finally saw the light no sooner than the bank accounted my new deposit I’d be punching my card and bringing home a new pair of shoes or shirts or stuff. There goes my savings!
Let’s get serious, ok! We’re talking about our life here. Our real life. Now. Not the one five, ten or twenty years in the future. We’re not talking about your life when you retire, either.
At age 60 or so I can’t bear to imagine wanting so much to follow the Indian trail or a long luxurious walk on that gleaming Haiti beaches when I can’t even rise up in the morning without all the aches and pains.
Can you imagine being able to buy your dream three-storey house at 65 when your arthritis is kicking in. Three flights of stairs would be a nightmare!
Now. Now. Now is the time to start living the life you want. Not in the distant future.
So it’s time to open a serious savings account. If you already have one like I described above. Close it.
