Adulting 101: Building Your Rainy Day Fund

Treating yourself is always great—but building your savings is even better. Having extra funds set aside gives you the freedom to enjoy life while staying prepared for those unexpected moments that can pop up when you least expect them.

Your savings can open doors to exciting possibilities like traveling to your dream destination, learning new skills, and reaching big life milestones with confidence.

The best part? You can get started with just your mobile phone with PSBank Mobile. Here are easy tips on how you can start building your rainy day fund: 

1. Start Small and Start Now
The key isn’t having a large deposit—it’s taking the first step and building the habit early. With PSBank Mobile, you can open an account anytime, anywhere with just one valid ID. There’s no minimum deposit and no maintaining balance, so you can begin with whatever amount you have—no pressure. 

2. Stay Consistent
Set a regular transfer schedule as even small, consistent amounts can go a long way in growing your rainy day fund over time. Automating your savings helps you build the habit effortlessly, so you can grow your fund without even thinking about it. You can also open multiple PSBank savings accounts to organize your money by purpose—whether it’s for short-term needs, future travels, or long-term goals like investments or big-ticket purchases. This way, your savings stay intentional and easy to track.

3. Pay Your Dues on Time 
Late fees from utilities, credit cards, and other bills can quickly add up over time. Avoid unnecessary charges by setting reminders or automating your payments through PSBank Mobile. This way, you stay on top of your bills and your savings.

4. Keep Your Funds Safe 
With PSBank’s fast, secure, and user-friendly digital platform, you can easily track your savings and manage your funds in real time. 

PSBank Mobile also offers security features that put you in control. You can lock and unlock your ATM card and change your PIN regularly through the app, giving you added protection and peace of mind.

5. Set Boundaries for Your Savings
Are you an impulse shopper? Keep your savings safe from budol finds by opening a PSBank Peso Time Deposit through the app. With an initial placement of just P10,000, your money earns more and stays secure. You can choose between a 30, 60, or 90 days term to make it easy to align with your savings goals.

Make banking a seamless part of your routine by using the PSBank Mobile app. Track your savings, schedule regular transfers, secure your account —anytime, anywhere. With everything at your fingertips, saving becomes an effortless habit that fits right into your daily life.

Download the PSBank Mobile App today via the Apple App Store, Google Play Store, or Huawei AppGallery. For more information on PSBank's products and services, visit www.psbank.com.ph or follow PSBank on Facebook and Instagram.