Overview
- In this guide, we explore practical ways to take control of your finances, from understanding your current financial position and building a strong foundation with savings and investments, to diversifying your portfolio and practicing patience.
- You’ll also learn how digital solutions from UNO Bank, like #UNOready, #UNOboost, and #UNOearn Time Deposits, can help you maximize earnings, enjoy predictable returns, and create a steady monthly income.
You’ve been diligently saving for months, watching your account balance slowly climb. But as you celebrate hitting your savings goal, you might wonder: Is this money actually working as hard as it could be?
Simply saving money isn’t always enough; growing it is essential to keep up with inflation, achieve your goals, and build long-term security. Understanding how to make your money work smarter can help you reach milestones faster, whether it’s for emergencies, education, travel, or retirement.
In this guide on how to start growing your money today, we will show you practical ways to increase your earnings while keeping your savings safe and accessible.
Understand Your Financial Position
Before you can start growing your money, it’s important to take stock of where you currently stand financially. Your financial position gives you a clear picture of what you can work with and helps you avoid overcommitting your resources.
Start by looking at your income, expenses, savings, and any debts you may have. Track where your money goes each month so you know how much you can realistically set aside for savings or investments.
Start Saving and Investing
To start saving and investing, prioritize opening a high-yield savings account. Compared to a regular savings account, this option earns a higher interest rate while keeping your money safe and accessible. It’s a practical way to grow your emergency fund or build short-term savings without taking on extra risk.
Once you’ve built a solid cushion, you can gradually explore other investments like time deposits, bonds, or mutual funds for higher returns. Starting with consistent saving builds the discipline you’ll need for investing, allowing your money to grow steadily while preparing you for bigger financial goals.
Establish Your Financial Foundation
Establishing your financial foundation is all about setting up reliable tools like high-yield savings accounts, time deposits, and bonds. These tools can help you grow your money securely while minimizing risk. They provide stability and predictability, allowing you to build confidence as you manage your finances and prepare for bigger investment opportunities in the future.
Two tried-and-tested options to start with are time deposits and bonds.
- Time deposits –You can open a time deposit to lock in your money for a set period and earn guaranteed interest.
- Bonds – These are loans you give to the government or companies in exchange for regular interest payments.
Build Stability Through Portfolio Diversification
You can build stability by spreading your money across different investments, a strategy called portfolio diversification. Instead of putting all your savings in one place, you allocate funds to a mix of assets such as savings accounts, time deposits, bonds, and even stocks or mutual funds.
Each type of investment reacts differently to market changes, while one may dip, another may rise, balancing your overall returns. This approach reduces risk and gives your money more chances to grow.
Stay Informed and Be Patient
Reading financial news, checking bank updates, and joining free webinars keep you informed about market trends and saving options. Staying updated empowers you to make smarter financial choices and avoid costly mistakes, while patience ensures your money has enough time to grow steadily and securely.
Patience comes in when you understand that wealth doesn’t grow overnight; time deposits, bonds, or high-interest savings accounts need months or years to reach their potential. Rushing into risky investments often leads to losses, while allowing your money to grow steadily builds real security.
How to Grow Your Money with UNO Bank
Growing your money starts with knowing your options and picking solutions that match your goals. UNO Bank offers simple digital tools that let you save, invest, and earn with ease, whether you’re a first-time saver or looking to maximize existing funds.
Maximize Your Savings with #UNOready
#UNOready is a high-interest digital savings account that keeps your money secure yet accessible. It’s a flexible way to build an emergency fund or prepare for bigger investments like time deposits. Set up auto-transfers, track your balance in-app, and grow your savings steadily without losing access when you need it.
Secure Your Funds Through #UNOboost Time Deposit
With #UNOboost, you can start with as little as PHP 5,000. The regular interest rate is 5% p.a., but until October 31, 2025, you can enjoy a boosted rate of 6% p.a., giving your savings an extra growth advantage if you act now. Choose your term (3–12 months), lock in fixed earnings, and even open multiple deposits for greater growth—all directly from the UNO Digital Bank app.
Enjoy Monthly Earnings with #UNOearn Time Deposit
#UNOearn offers predictable income with monthly interest payouts on 12- or 24-month deposits. Lock in rates of up to 5.00% and receive steady cash flow while your principal stays intact. It’s a practical way to manage expenses, reinvest, or supplement income with guaranteed returns.
Key Takeaway
Now that you know the different strategies and tools for growing your money, you can take actionable steps toward financial growth and security. Learning how to start growing your money today allows you to combine smart saving, disciplined investing, and informed decision-making to make your funds work harder for you.
UNO Bank offers solutions like #UNOready, #UNOboost, and #UNOearn Time Deposits, making it easy to grow your savings with guaranteed returns and flexible options. Download the UNO Digital Bank app today and begin boosting your money smarter, faster, and more securely.
