20 min
How Important is a Bank Account? The Budgetarian
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- Investing
Statistics show that in the Philippines, only ten percent of our population have bank accounts. This comes as quite a surprise because I've had my own personal experiences with banking, and all of them have thankfully turned out to be pretty positive. Banks are definitely not just there for us to put our money into, and certainly not for us to keep withdrawing from. But why is it really important for us to have our own bank account?
Statistics show that in the Philippines, only ten percent of our population have bank accounts. This comes as quite a surprise because I've had my own personal experiences with banking, and all of them have thankfully turned out to be pretty positive. Banks are definitely not just there for us to put our money into, and certainly not for us to keep withdrawing from. But why is it really important for us to have our own bank account?
20 min