Think ₱10,000 isn’t enough to get ahead financially? Think again.
According to Registered Financial Planner Gemmy Lontoc, that small amount can kickstart smart money habits that pay off long-term. “We live in a world of limited resources,” she tells Financial Adviser PH. “But even a small amount—if used wisely—can make a real impact.”
Here are 6 high-impact moves you can make today with just ₱10,000:
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Start saving, even if it feels boring
Savings are your safety net. Put that ₱10K in a bank account. It’s the first step toward financial freedom—and the habit matters more than the amount.
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Build an emergency buffer
No one plans for job loss, hospital bills, or pandemics—but they happen. Lontoc says your first financial goal should be an emergency fund worth 6–12 months of expenses. Start with this ₱10K.
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Kill your debt before it kills your peace
Drowning in loans? Use the avalanche method (pay highest interest first) or snowball (smallest balances first). “Debt is expensive. Getting rid of it is like buying peace of mind,” says Lontoc.
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Don’t have time? Go for pooled funds
No energy for daily stock-watching? Mutual funds and UITFs are run by pros. “Great for busy people,” Lontoc says—just watch for fees and performance history.
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Want to own property? Try REITs
Real estate sounds out of reach? Enter REITs—real estate investment trusts that let you invest in properties for a fraction of the price. Bonus: they often pay dividends.
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Go low-risk with PAG-IBIG MP2
Government-backed, tax-free, and easy to start. The MP2 program earned 6.12% in 2020. You’ll need to keep it in for 5 years—but the returns can be worth the wait.
Bottom line:
₱10,000 isn’t a fortune—but it’s enough to start building one. Whether you’re saving, investing, or paying off debt, Financial Adviser PH reminds you: smart choices compound. Start now. Grow later.
