{"id":75830,"date":"2025-08-17T20:38:12","date_gmt":"2025-08-17T20:38:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/75830\/"},"modified":"2025-08-17T20:38:12","modified_gmt":"2025-08-17T20:38:12","slug":"sarah-geronimos-financial-tip-go-beyond-saving","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/75830\/","title":{"rendered":"Sarah Geronimo’s financial tip: “Go beyond saving.”"},"content":{"rendered":"

For many members of Gen Z, saving is the default choice whenever they have extra cash on hand.<\/p>\n

This may be partly due to a desire to keep their money easily accessible in times of need.<\/p>\n

A survey conducted by Filipino-focused socio-cultural research firm The Fourth Wall and communications agency Uniquecorn Strategies, as published in the Philippine Daily Inquirer, found that three out of four Gen Zs value self-reward.<\/p>\n

But despite this penchant for treating themselves, young Filipinos are still uncertain about their long-term career paths.<\/p>\n

As a result, investing isn\u2019t a priority.<\/p>\n

Unfortunately, this short-term focus may cause them to overlook an essential financial goal: growing their money.<\/p>\n

DO GENZS NEED TO START THINKING ABOUT INSURANCE?<\/p>\n

Insurance, for instance, rarely tops their financial must-haves.<\/p>\n

However, with the Capital Markets Efficiency Promotion Act (CMEPA) now in effect, the interest earned on your savings is now subject to a 20-percent tax.<\/p>\n

ADVERTISEMENT – CONTINUE READING BELOW \u2193 <\/p>\n

Read: How the 20 percent interest tax affects bank depositors<\/a><\/p>\n

It may be a smart time for Gen Zs to consider other financial options.<\/p>\n

According to Carla Gonzalez-Chong, Sun Life Philippines’ chief client experience and marketing officer, Filipinos, in general, understand the value of insurance.<\/p>\n

When it comes to Gen Z, she noted a common sentiment: \u201cAfford ko ba?\u201d<\/p>\n


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\nSarah Geronimo with Sun Life executive Carla Gonzalez-Chong <\/p>\n

Photo\/s: PR<\/p>\n


\n <\/p>\n

CONTINUE READING BELOW \u2193 <\/p>\n

At the media launch of Sun Life\u2019s Save & Protect product on August 12, 2025, singer-actress Sarah Geronimo gave voice to the evolving mindset of younger Filipinos.<\/p>\n

“I\u2019ve always known how important it is to be financially secure. But when I was younger, I thought saving was the only way to achieve this.<\/p>\n

\u201cIt was much later when I realized that I shouldn\u2019t put all my eggs in one basket.<\/p>\n

“So taking small steps at a time.”<\/p>\n

But she makes sure that every choice\u2014no matter how mundane or profound, how big or small\u2014helps her face any battle.<\/p>\n

“Katulad po ng sinabi ko kanina, I chose to have, to see another day as a beautiful one, di ba? <\/p>\n

“Kahit na may mga issues tayo sa buhay, kailangang laban lang nang laban, di ba?”<\/p>\n

Meanwhile, Jasper Tiongson, who hosted the launch event, stands out as an exception.<\/p>\n


\n\"jazper
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\nHost Jazper Tiongson at the media launch of Sun Life’s Save and Protect. <\/p>\n

Photo\/s: PR<\/p>\n


\n <\/p>\n

ADVERTISEMENT – CONTINUE READING BELOW \u2193 <\/p>\n

At a young age, he already holds 10 insurance policies\u2014a move that is not only rare but financially strategic.<\/p>\n

After all, the younger you are, the lower the premium.<\/p>\n

Sun Life\u2019s newly launched product starts at just PHP 2,500 per month, and offers “insurance coverage of up to 20 times the annual premium.”<\/p>\n

It also comes with a guaranteed money-back feature, returning at least 100% of the total annual premiums paid after 20 years.<\/p>\n

As Sarah emphasized: \u201cI have to go beyond saving, I also need financial protection.\u201d<\/p>\n

She also encouraged young professionals to start their financial journey early: \u201cDon\u2019t be afraid to ask experts.<\/p>\n

“Tutulungan po tayo with the, with the right guidance and advice from them, from the experts.”<\/p>\n","protected":false},"excerpt":{"rendered":"For many members of Gen Z, saving is the default choice whenever they have extra cash on hand.…\n","protected":false},"author":2,"featured_media":75831,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,58392,186,58390,4631,184,185,58388,58391,58389],"class_list":{"0":"post-75830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-con-00064","12":"tag-finance","13":"tag-genzs","14":"tag-insurance","15":"tag-personal-finance","16":"tag-personalfinance","17":"tag-sarah-geronimo","18":"tag-sun-life-philippines","19":"tag-young-gen"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/75830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=75830"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/75830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/75831"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=75830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=75830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=75830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}