what if everything you knew about New Year’s resolutions was wrong? We all try to have a clean slate in January, but international studies say 8 out of 10 people fail to keep their resolutions! Why? Because after the holiday spending spree, we’re all left with a “financial hangover.” But here’s a fresh take: Metrobank says the best time to start working on your financial goals isn’t in January, but right now in August!
Just a few days ago we were invited by Metrobank to learn Furoshika, of the art of gift wrapping using cloth. It was in preparation for the holiday season. After the session, switched gears into learning more about preparing for the season.
According to Metrobank, August is the best time to get a head start on your financial goals, and it makes total sense. Because you’re setting your goals before the notorious “-ber” months and the holiday spending surge. This lets you plan ahead and avoid that post-holiday financial hangover. By planning early, you can smartly allocate your upcoming bonuses and extra cash to things that actually matter, like a downpayment for a condo or capital for a new business. It’s all about building better financial habits and creating a cycle of readiness for the years ahead!
Metrobank wants to make this easy with their G.I.F.T. framework:
- Get guided with goals: Set your goals in August to give yourself more time to plan.
- Invest a portion of your bonus: Commit to investing some of your holiday bonus.
- Follow a budget: Stick to your budget, even while holiday shopping.
- Take advantage of deals: Look for value-based offers to avoid overspending.
Building on the success of their 2024 campaign, Metrobank is back with the #EarlyGIFTChallenge. It’s a simple challenge for every Filipino to take a few minutes this August to set one SMART goal, publicly commit to it on social media, and tag friends and family to join. This creates a powerful support system, inspiring a ripple effect of collective financial empowerment!
As Digs Dimagiba, Chief Marketing Officer for Metrobank, puts it, “Let us all start making our resolutions early in August – take the time to reflect, make just 1 smart goal that you can publicly commit to, and inspire others to join you… so you can all finally accomplish your resolutions and grow together.” With the gift of an early start and the right guidance, Metrobank wants to empower you to build a more secure and prosperous future. For more tips, check out earnest.metrobank.com.ph/gift-of-financial-wellness/.
