Timeless Money Lessons from Our Grandparents

Friday, September 12


When we think of our grandparents, we often remember their warmth, their wisdom, and their endless stories. But beyond the memories, many of us carry with us their most valuable inheritance: lessons on money, discipline, and building a better future. This Grandparents’ Day, PSBank shines a spotlight on these timeless teachings and shows how modern banking can help us continue living by them.

Saving for the Rainy Days

Every Filipino lolo and lola has said it: “Magtabi ka para sa tag-ulan.” They knew that life comes with surprises, and having a little tucked away could make all the difference.

PSBank makes this classic advice easier to follow with savings accounts that grow with you. Parents can instill good habits early with the PSBank Kiddie and Teen Savers accounts, which even come with free personal accident insurance from AXA Philippines—equivalent to five times the account’s monthly average daily balance.

For everyday needs, passbook and ATM savings accounts offer convenience. Meanwhile, OFWs working hard abroad can rely on PSBank Peso OFW ATM Savings and USD Passbook Savings to safely support their families back home. Best of all, with PSBank Mobile, opening a savings account is quick, digital, and hassle-free—no minimum deposit, no maintaining balance.

Patience Pays Off

Our grandparents taught us that patience bears fruit—whether in tending crops or saving a few pesos at a time. PSBank applies that same principle with its Peso Time Deposit, where as little as ₱10,000 can earn higher interest than a regular savings account.

Flexible terms of 30, 60, or 90 days, plus SMS reminders and automatic rollovers, make it practical for modern savers. With everything manageable through the PSBank Mobile App, patience isn’t just a virtue—it’s a strategy for steady financial growth.

Building a Lasting Legacy

For many grandparents, the ultimate dream was to own a home—a place to raise children, welcome grandchildren, and create memories that last a lifetime. PSBank turns that dream into reality with its Home Loan with Prime Rebate, offering flexible terms of up to 25 years and fast credit decisions for brand-new condo units and accredited properties.

What makes it even better? Borrowers get rebates when they make advance or excess payments, ensuring that the dream of homeownership becomes a foundation for future generations.

Carrying Wisdom Forward

Discipline, patience, and responsibility—these are values that our grandparents lived by, and they remain just as relevant today. Through simple and reliable banking, PSBank helps Filipino families honor these lessons while building financial security for tomorrow.

So as we celebrate Grandparents’ Day, maybe the best way to honor them is to carry their wisdom into our daily lives—starting with how we save, invest, and plan for the future.
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