5 Famous Quotes You Should Apply When Saving Money

We get it. As much as we try to convince you to start saving, it’s easier said than done. That’s why we sought the help of these famous people to give you a little nudge and inspire you to start your savings journey! Here are five quotes from famous people that you must keep in mind: 

1. “The journey of a thousand miles begins with one step.”

--- Lao Tzu

This may sound like a broken record, but Lao Tzu isn’t one of the greatest Chinese philosophers and teachers for no good reason. Indeed, all good journeys, including your savings journey, starts with one small step. Even if it’s just saving PHP 100 each week, a little goes a long way with consistency and perseverance. 

2. “Do not save what is left after spending, but spend what is left after saving.”

---Warren Buffett

We said this once and we’ll say it again, PAY YOURSELF FIRST. Like what Mr. Buffet just said, save before spending so you’re sure that you have something set aside for a rainy day. Start by putting at least 10% of your take-home pay in your savings each time you receive your paycheck. You’ll be surprised with how much you’ve saved in just one year.

3. “We design our lives through the power of choices” 

---Richard Bach

Starting to save is a choice. Mr. Bach reminds us that there are plenty of options laid out for us and all we have to do is to grab these opportunities. Deciding to open a savings account is one of the choices you can make to create a better future for yourself. Remember, today is the best day to start saving. 

4. “Never spend money before you have it.”

---Thomas Jefferson

Guilty of checking-out items online days before payday because you know you’ll have the money by the time it arrives? That has to stop! While getting yourself that well-deserved treat is not that bad, it’s not advisable to spend before you get your money as this can become a habit that can impact your finances in the long run. Take time to think through your purchases before buying them so you’re sure that you’re not wasting money on things that you don’t actually need or want. 

5. "The future belongs to those who prepare for it today”

--- Malcolm X

The past year has taught us that it’s always good to be prepared for any emergency. Be it a health emergency or losing your source of income, you will have an easier time managing your finances when you have money saved. This quote may also apply to preparing for your future as financial freedom is not achieved overnight. It takes years to prepare for a good future. It’s not easy, but it will be worth it. 

BONUS: “The more your money works for you, the less you have to work for money.”

---Idowu Koyenikan 

If you’ve already started your savings journey, congratulations! Now it’s time to make sure that you’re getting the most out of the money you saved. Mr. Koyenikan is right. If you put your money where it can grow, you can rest easy knowing that your future is secured from any economic crisis like inflation. Moreover, letting your savings grow makes you feel more secure about your future because you know you have something to turn to in case things don’t go according to plan. 

With CIMB Bank, you can make your money work for you with the best-in-market interest rate of 4% p.a! You have three ways to enjoy higher interest. First is to maintain minimum balance of PHP 100,000 in your UpSave and/or GSave account. Your second option is to grow your Average Daily Balance (ADB) by PHP 1,000 each month in your UpSave and/or GSave account to enjoy a higher rate on your savings. Plus, if you maintain a minimum of PHP 5,000 in your account, you are eligible for FREE Life Insurance coverage that’s worth your ADB up to PHP 250,000.


If you’re a student or a fresh grad aged 18-25 years old as of July 1, 2021, the CIMB Savings Starter Pack lets you enjoy a higher interest in your UpSave and/or verified GSave account. You only need to deposit at least PHP 500 each month and you can even get a Personal Accident Insurance coverage worth PHP 50,000 for FREE.

Learn about getting 4% p.a. interest when you maintain PHP 100,000 in your savings account with CIMB Bank!

Click the link below to know how you can increase your ADB by PHP 1,000 to get 4% p.a. interest

Visit this link to learn more about the CIMB Savings Starter Pack.

Seize your life’s goals with CIMB Bank! Download the app and open an account now. 

CIMB Bank Philippines Inc. is regulated by the Bangko Sentral ng Pilipinas. You may contact the BSP Financial Consumer Protection Department at (+632)8708-7087 or consumeraffairs@bsp.gov.ph.