Money Basics & Source Library
Six tiny money habits to lock in before you deposit, lock-in, or spend: verify, learn, act. Each mission opens a real PesoPilot tool - finish one and you earn Strategy XP. Educational only; this is not financial advice.
Your Money Missions
0 of 6 done- Verify
Verify a digital bank before depositing
Check that the digital bank is BSP-licensed and PDIC-covered before you move money in.
- Verify
Check if your TD is PDIC-covered
PDIC covers up to PHP 1,000,000 per depositor, per bank. Confirm your time deposit fits inside.
- Learn
Compare net interest after 20% withholding tax
Advertised rates are gross. Compare NET return after the 20% final withholding tax before locking in.
- Learn
Spot a too-good-to-be-true rate
If a "guaranteed" rate is way above bank deposit rates, treat it as a red flag - verify the entity is SEC-licensed.
- Act
Prepare for next sweldo
Open Today to pre-allocate the next payday: bills, sinking funds, emergency fund, then the rest.
- Act
Review emergency fund liquidity
Open Review to check if your emergency fund is still 3 months of essentials and stays in liquid accounts.
- If a "guaranteed" yield is well above PH digital-bank deposit rates, that is a red flag.
- Confirm the entity is SEC-licensed via the SEC website before any deposit.
- Bank-deposit products should be BSP-licensed and PDIC-covered up to PHP 1M per depositor, per bank.
- Pressure tactics (limited slots, urgent windows, referral chains) are common scam signals.
- BSP — bank rates & statisticsPublished bank + policy rates
- PDIC — deposit insurance₱1,000,000 per depositor per bank
- SEC — Check With SECConfirm an entity is licensed
- Bureau of the Treasury — T-bills/bondsGovernment securities & auction rates
- PIA - Philippine Information AgencyOfficial PH government news + advisories
- SSS - Social Security SystemContributions, benefits, member services
Rates and rules change often. Always confirm the live number with the source before depositing, borrowing, or investing.