If you just started investing with GInvest in GCash, we highly recommend setting up your reminder even when you get really busy so you won’t forget to add funds to your account.
2. Scroll down and you will see the Set Reminder
3. Select when you want to be reminded, amount and confirm
This is an example of the text you will receive as a reminder:
If you want to start investing with low capital but don’t have an idea of what it should be and where to start. There’s now an easy way with GCash, in a simple tap of your fingertips you can start investing in the Philippine Stock Exchange and New York Stock Exchange with the multiple funds they are offering patterned with ATRAM Securities.
You can start investing as low as P50! You can do it on a weekly, monthly, or quarterly basis, it’s up to you. You can also set a reminder and you will receive a text from them.
6. Tap on Agree and Confirm
7. After the transaction, you will receive a confirmation
For more questions and information, you may visit their website GCash, call their hotline via 2882, or you may also submit a ticket to the help center via the GCash app.
Managing your money is not an easy task. You need to earn money first then save it and invest it. At the same time, you need to handle it well so you won’t end up broke.
We want to help you have a more effective and efficient ways in how to manage your money.
You can list your personal financial goals for the year then divide it per month. This method can help you become hyperfocused into what financial goal you want to achieve in that specific month. Also it will serve as a guide into how you will budget your income to attain and maximize your other financial goals whether it is short term or long term such as savings and investment.
Before receiving your salary, it would be better if you can budget it first. You can start with 80% for expenses that can include your budget for rent, bills, food, transportation, and insurance while 20% for savings there no such thing as a small savings but you can also increase it slowly.
You can start as low as P500 per month and you can save P6000 in a year as your starter emergency fund. It may be small at first but you can work to increase it month by month.
One of the recommend ways to get out of debt is prioritize the debt with high interest then you can proceed to the next debt with the highest interest and so on. Debt can be a cycle but you have the choice to work on your budget in order for you to get out of it.
Read personal finance books. You can also start research on the internet about the basics of finance from income, budgeting, credit cards, savings, investing, insurance, to estate planning.
GCash is the leading fintech company in the Philippines. There are 60 million users of GCash in the Philippines who are now using it in their daily transactions from sending payments, cashless transactions, receiving remittances from overseas, buying load, banker transfer, paying bills, digital banking with GSave, purchasing insurance with GInsure, investing with GInvest and even credit line GCredit. GCash has a lot to offer to make the lives of Filipinos more convenient and cost-efficient.
Last 2020, Gcash updated their cash in the policy and there are now charges and transaction fees depending on what service you are going to use. But hey, we got you! We have found a workaround so you can still cash in for FREE.
You have to link your BPI account to your GCash:
2. Select Cash In and select BPI
4. You will receive an OTP that you need to enter and after it is successful you will receive a message from GCash about your updated balance.
2. Select Cash In and select Unionbank
3. Enter the amount and tap confirm the amount
4. You will receive an OTP that you need to enter and after it is successful you will receive a message from GCash about your updated balance.
Fees are subject to change at the discretion of GCash. For more questions and information, you may visit their website GCash, call their hotline via 2882, or you may also submit a ticket to the help center via the GCash app.
There are two banks in the Philippines that are offering automated transfers but they usually call them as scheduled transfers. We tried and test it with BPI and Unionbank. It’s only P10 with BPI and free with Unionbank with PesoNet.
This feature is a lifesaver so you won’t need to redo this every payday to make sure you are putting money into your savings account and emergency fund. Automating this task so you can do this once and it can save you time in the future.
Here are the steps:
1. Log in to your BPI account
2. On the left side select other services.
3. Under transactions, choose managed scheduled transactions and create scheduled transactions: transfer money.
4. You will be shown three (6) fields that you need to fill out:
NOTE: This is a real time fund transfer.
2. On your dashboard tap to send money.
3. Choose the type of bank and send money via PesoNet (cut off):
4. You need to fill out:
5. Tap on transfer
NOTE: Unionbank offers free fund transfers and same day crediting before 3PM on banking days with Pesonet. Transactions done after 3PM or on weekends or holidays will be processed on the next banking day.