Starting your investing journey young is a strategic way to secure financial stability for the future. With time on your side, you can take advantage of compounding returns—where gains from your investments generate further gains. However, successful investing doesn’t begin with a quick dive into the stock market or complex financial instruments. It starts with a solid foundation: setting aside emergency savings, managing debt, and identifying your financial goals. Once these basics are in place, diversifying your investments becomes the next critical step. A varied portfolio reduces risk and ensures that no single investment type can significantly impact your financial stability.
For young investors in the Philippines, Maya serves as a reliable partner by offering tools and resources that make financial planning easier and more accessible. As the country’s leading digital bank, Maya doesn’t stop at providing innovative savings solutions; we also aim to equip you with expert financial advice to support your journey. We’re deeply committed to helping young Filipinos thrive financially, and to that end, we’ve closely tailored our range of services to the needs of the modern investor.
This article outlines practical steps young professionals can take to diversify their financial portfolios. Whether you're just starting or looking to expand your investment strategy, these tips will help you build a balanced, resilient portfolio that grows with you.
Automate or Schedule Your Savings and Investments
Many people find it difficult to save and invest consistently, especially with the distractions of day-to-day spending. Automation is a powerful solution to this problem that can give you a way to build wealth without needing constant reminders or discipline. Maya Savings is one such bank savings product that has an auto cash-in feature, allowing you to deposit money into your savings account more consistently. When savings and investments happen automatically—whether through regular transfers or scheduled contributions—your financial goals become easier to reach over time.
Take Advantage of Digital Financial Platforms
The rise of digital financial platforms like Maya has revolutionized how people manage their money. With everything from savings accounts to investment tools available at your fingertips, these platforms offer unmatched convenience and accessibility. Digital solutions are especially valuable because they eliminate barriers to entry for young adults looking to diversify their portfolios. They make it easier than ever to start saving, investing, or managing financial goals on the go.
Look into High-Yield Savings Products
Financial security begins with having a reliable savings cushion. While regular savings accounts provide a safe place for your money, they often fall short of outpacing inflation and gradually erode your purchasing power. Instead, consider high-interest savings accounts for storing your money, as these typically come with more competitive interest rates that can grow your savings faster. Many high-yield accounts also come with flexible access to funds, which guarantees that you can use your savings without long waiting periods or penalties.
It also helps to build your savings with intention. Rather than letting your money sit passively, segment it into specific savings goals to help you stay motivated and organized. This strategy encourages you to allocate funds toward different financial targets, such as vacations, emergencies, or big-ticket purchases, and keeps you on track to reach them efficiently.
If you’re planning to open a bank account, you should know that Maya Savings offers up to 15% interest per annum on your first PHP 100,000 deposit, with a base rate of 3.5%. The more actively you use Maya’s services, the higher the interest you can earn, making it an attractive alternative to traditional savings accounts. Meanwhile, the auxiliary savings tool Maya Personal Goals allows you to create multiple savings targets within the app, which can help you manage specific objectives more effectively. With these tools, it’s easy to see why Maya is the number 1 digital bank in the Philippines and one of the best banks to open an account. Maya makes saving not only easier but also more rewarding, ensuring your money works as hard as you do.
Explore Different Investment Options
To maximize growth and manage risk effectively, it’s essential to spread your money across different types of investments, such as real estate, stocks, bonds, mutual funds, and more. Relying too heavily on a single asset class can expose you to unnecessary risks, especially when markets fluctuate. A well-diversified portfolio typically includes a combination of growth-oriented and stable assets, thereby striking a balance between long-term growth potential and protection against volatility.
Time deposits are a popular choice for those looking for stability. These accounts lock in your funds for a fixed period and reward you with guaranteed returns once that period has elapsed. They serve as a reliable addition to portfolios, especially when paired with more aggressive investments like equities or mutual funds. Maya Time Deposit Plus is an especially attractive contemporary option that offers flexible terms of 3, 6, or 12 months with competitive interest rates (5.25% p.a., 5.75% p.a., and 5.5% p.a., respectively) . This allows you to select the timeline that best matches your financial goals. And with PDIC insurance coverage, you can rest assured that your funds are safe.
Start a Business or Side Hustle
A business or side hustle is more than just a way to earn extra income—it’s an opportunity to diversify your financial portfolio beyond traditional investments. An additional revenue stream can act as a financial safety net if your primary income source is affected by unforeseen events. Side hustles can also grow into full-time ventures that provide long-term financial freedom and stability.
Choosing a venture that aligns with your interests or expertise increases the likelihood of success. Modern digital platforms offer countless opportunities for young adults to explore entrepreneurship without significant startup capital, such as online stores and freelance services. The added income from these ventures can either fund new investments or strengthen your savings, ultimately contributing to a well-rounded portfolio.
The path to financial security is built on smart, intentional choices made consistently over time. By diversifying your portfolio and taking advantage of reliable financial tools, you position yourself for long-term success. Explore the savings and investment solutions Maya offers today, and take your first steps toward a secure and fulfilling financial future.
