Managing your finances takes effort and consistency, which pay off when you become financially stable during any situation. These days, it is more crucial than ever to be on top of your finances—to survive and even thrive financially during challenging times.
Financial literacy advocate and EastWest SVP and Head of Regional Branch Banking Ivy Uy stresses the importance of managing money efficiently starting at an early age. “We need to take what we know now and teach it to the next generation, and this includes how to be money smart,” she said. “We can start by teaching our kids how to save money—establish the mindset of saving for the future and develop the habit.”
