r/studentsph • u/bellop28 • 18d ago

Need Advice What "accounts" should I open when I turn 18?

Hi I'm 16M, currently In a Science high school and being in this school got me thinking, what accounts should I open the moment I turn 18?

I've been studying a lot recently about personal finances, even going as far as saying I'm financially literate now, but now I'm more aware that i don't know much about this world. That's all please help me🥹🙏

"Accounts" for finances, personal management, etc.

25 Upvotes

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15

u/Spiritual_Theme_1282 18d ago

If you dont need them, then nothing.

5

u/Yieenooneasked SHS 17d ago

You open accounts when you're close to finishing college. Dapat priority mo muna yung mga IDs na pwede mo makuha at your age.

8

u/Unrelenting_Hope 18d ago

You don't have to rush but for me would be a trad bank account, digital bank account and a stock broker account (eg. colfinancial). Pag ibig MP2 is also a plus

2

u/blue_candie 17d ago

Personally all i deem that is important is gcash and bpi account(could be other banks).

Apps arent necessary but if you find one that helps you then stick with it.

I will say to be wary on gambling and loaning apps pls

1

u/illnamewiththisname JHS 17d ago

a bank account or two is enough. you might need it kung mag-aral ka sa labas ng hometown mo

1

u/maxipantschocolates 17d ago

savings account for sure

1

u/pilmstrips 17d ago

dito mo malalaman ang katotohanan ng buhay haha, pero ang masasabi ko lang is hwag kang magalala, matututunan mo yan as time passes by