Claudia Barretto On Investing And Saving: ‘Put Aside An Amount To Save And Enjoy’

Claudia Barretto knows the value of investing and saving up.

At a recent GoTyme event, the internet personality and daughter of showbiz personalities Marjorie Barretto and Dennis Padillla emphasized the importance of smart spending and saving habits. Claudia admitted that she’s fond of luxury items but said that she considers them an investment. “I’m actually into luxury items, but I only buy them because they last me really long. So I don’t like to have a lot of it, but I like to have some that will last me a long time. So I guess in that way, it’s an investment for me,” she said, emphasizing her belief in quality over quantity and knowing that investment pieces have long-term value. She then shared a few of her simple financial tips:

Save early

Having started her career at a young age, Claudia understands the significance of saving money early. Her advice to other young working professionals? “Save your money. Whatever you’re making now, trust me, you’re gonna need it more in the future and you’re gonna thank yourself one day,” emphasizing the importance of financial foresight and the benefits of early savings.

Invest wisely

Aside from investing on luxury items, Claudia also touched on the importance of investing a portion of one’s earnings. She shared, “Invest some of the money that you’re making so that you’re not spending it all.” Furthermore, she also shared a valuable tip from her mother, Marjorie: “When I get paid, usually, my mom tells us to put aside an amount that we can’t touch and then put aside the money that we can enjoy and reward ourselves.” This highlights a balanced approach to finances, combining saving, investing, and enjoying one’s earnings.

GoTyme’s services

Claudia couldn’t help but express her appreciation for GoTyme as well, saying, “I really love GoTyme because it’s so quick and easy to use and so far, all the places I’ve been to have had a discount. So the rewards are actually real.”

GoTyme has quickly become the fastest-growing bank in the country, gaining recognition for its exceptional customer service. In less than two years, GoTyme has reached significant milestones, including over two million customers and leading positions in various banking metrics.

In line with its commitment to “beautiful banking,” GoTyme is set to offer a range of new and innovative services, including:

• International accounts: Filipinos based abroad can now open a GoTyme Bank account using an international SIM and enjoy the same benefits and features as local accounts. This includes easy deposits through remittance partners, unlimited free transfers between GoTyme bank accounts, three free weekly real-time transfers to other banks, access to bill payment services even when abroad, and no limits (vs. e-wallets).
• Mobile check deposit: Users can easily deposit checks in a few easy steps via the GoTyme Bank app. Users can enjoy free, safe, and secure deposits of up to P499,999.99, even with post-dated checks, and can also view deposit status in real-time.
• Pay with points: Users can use their GoRewards points to purchase load or gaming credits.
• Coin deposit machines: As the first bank integrated with BSP’s Coin Deposit Machines, GoTyme offers their users the ability to deposit coins directly into their accounts, earning substantial interest.

With GoTyme’s focus on enhanced customer experience, along with tips from financially-savvy influencers like Claudia Barretto, young individuals can get all the help they need to manage their finances wisely. By embracing smart spending, saving early, and leveraging on innovative banking solutions, the young generation can build and secure their financial future.

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Read here for money habits that might be making you poor.