This Christmas, why not give your kids the learning about financial freedom, something that will benefit them for years to come. The holiday season is a time for giving, and as parents, we often seek ways to make this time of year extra special for our children. While toys and gadgets are popular choices, they provide only temporary joy. A thoughtful and practical gift that sets them up for future success can be more impactful than any toy. One such gift is the opportunity to learn about financial responsibility — a lesson that can shape their future.
Securing her son’s future. Christine Caberte knows the importance of establishing a foundation for financial independence for her son by opening a BDO Junior Savers account for him during the BDO Fiesta in Bacolod. [Photo courtesy: BDO Unibank | Press Release]Why Choose a Junior Savers Account for Your Child?
Junior Savers Account can be the best gift you give your child this Christmas. While toys and gadgets bring temporary joy, teaching kids financial independence is a gift that lasts a lifetime. With a Junior Savers account, your child learns the value of saving early, setting them up for a financially secure future.
Every parent dreams of seeing their child grow into a responsible adult. For Christine Caberte, teaching her son how to handle money from a young age was essential.
“I’ve seen my son save money in his piggy bank for some time, but I wanted something more secure. That’s why I decided to open a BDO Junior Savers account for him,” Christine shares. She highlights how a bank account is far more reliable than a piggy bank, which can easily be tampered with or lost.
Christine, a former overseas Filipino worker planning to return abroad, finds comfort in knowing her son’s money is safe in his Junior Savers account.
“It’s comforting to know he now has a bank account that’s his alone,” she shares. “I can send money for his daily expenses and savings separately. His Junior Savers account is safe, nobody can touch it; it’s his to grow.”
Opening a Junior Savers Account: Simple and Secure
Opening a Junior Savers account for your child is quick and easy. Parents can start from the day their child is born and add as little as ₱100 to begin the savings process. Once the account reaches ₱2,000, it will start earning interest and accumulating Rewards Peso Points, further motivating kids to save.
Additionally, a Special Design Passbook helps parents monitor the account’s growth, ensuring that both the parent and child stay engaged in the saving process.
The Junior Savers account also provides your child with a debit card when they turn seven. This card is an ideal way to help kids understand the concept of budgeting and financial responsibility, teaching them to manage their money with care.
Financial Independence Starts Early
This Christmas, consider giving your child more than just toys and gadgets. By opening a Junior Savers Account, you’re not only giving them a place to safely store their aguinaldo (Christmas money) but also teaching them the fundamental value of saving. Your child will watch their money grow and learn the importance of patience and financial discipline.
Christine recalls the peace of mind she now feels knowing that her son’s savings are safe and growing. She believes that this small step toward financial independence is a crucial foundation for their future. As a mother, Christine has empowered her child to make smart, informed decisions about money.
Encourage Long-Term Saving Habits
It’s never too early to teach your child how to save. A Junior Savers Account offers an opportunity for families to introduce kids to financial literacy in an engaging and accessible way. With an initial deposit as low as ₱100, it’s an affordable option that most families can start with. The goal is simple: nurture good saving habits while showing kids that financial independence is achievable.
Imagine your child proudly watching their savings grow after each deposit. With a Junior Savers account, the money they receive during Christmas can become part of a larger goal. This habit of saving early not only helps kids become financially independent but also equips them with skills they’ll carry into adulthood.
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This Christmas, choose a gift that keeps on giving. By opening a Junior Savers Account for your child, you’re not just gifting them a bank account — you’re empowering them with the knowledge and tools for financial independence. They’ll learn the value of discipline, patience, and hard work as their savings grow, preparing them for a future where they can achieve their financial goals.
Don’t just gift toys this holiday season. Choose a Junior Savers Account and set your child on the path to financial security. For more details, visit www.bdo.com.ph today.
