Financial education as entrepreneurs said, are not taught and learned in school which is why many Filipinos are struggling financially; which is why many Filipinos get struck by fear when it comes to risk-taking. Having a fair amount of money can make you start your own business. In line with that, you can also reach for investments, short or long-term investments that can make your money grow. But many of us have no idea on where to invest our money in but in this article, you will be enlightened; you will have ideas on where to invest your P20, 000 or less that can multiply and make you financially reliable.
“Education is the best investment you can make.” That saying kept almost everyone going even if they are dead-tired from what they are doing. It’s true, self-improvement is always the best thing you can do with your money. While you are still young, the best investment you can attain that can make a lot of branches for you in the future is education.
Learn how to invest, learn how to become a manager, learn how to make or create things like paper, cloth, or any other thing that can make your money fruitful. Remember that education is always best if the one being educated is both dedicated and driven.
Unit Trust Investment Fund (UTIF)
According to Banco De Oro, (BDO) Unit Trust Investment Funds “pool the funds of investors to create a large fund which, under the watchful eyes of professional fund managers, can productively harness these funds, taking advantage of economies of scale.” With this, it is clear that even people who are not huge investors, can access investments that are most often just for huge investors.