One reason why you need to invest your money and to be frugal is because inflation can eat the value of your money if you will just hide it on your piggy bank or deposit it in banks with high interest savings account. Inflation happens when there is a rise in prices and reduces the value of money in your pocket. […]
Tag: deposit
Usapang Pera: Mga Dapat Alamin
Philippines Deposit Insurance Corporation (PDIC) is celebrating their 50th years of service to the Filipino People. One of PDIC’s campaigns is to spread and increase the financial literacy of every Juan in the country. The Philippine Deposit Insurance Corporation (PDIC) was established on June 22, 1963 by Republic Act 3591 to provide depositor protection and […]