“Times are hard”. This has become a very common phrase these days, especially to a mommy like me. Alright, regardless of a person’s economic status (oops, this doesn't mean I am rich okay? Because I am not. Wink but seriously), you’ll hear the same phrase over and over again. In some ways, it has affected us all. It’s hard to get an opportunity or the needed break to be successful. It seems as though luck has become a very scarce commodity, if you can call it that. You know, we can’t rely on luck anymore in our entire life's journey. It is just a bonus if we can have luck.

At this point in our economy, we need to make decisive actions to endure this present economic situation. We are in a tight spot. But instead of being reactive, it is best to be responsive. So how do we respond in this predicament? As ridiculously simple and basic as this is, there is no better solution but to save. Yes, we got to have a savings account especially for the rainy days.

One factor that contributes to our personal financial problems is actually our spending habits. We need something that will check the way we spend. One advantage of having a savings account is that it will help us in monitoring and checking our budgeting allocations, thus, helping us to spend more wisely and efficiently.

Savings accounts can give us a lot of benefits as well, depending on the bank that you plan to open your account with. This is one way to ensure your finances, and of course, your future. Financial discipline is one thing that we need to have in these difficult times. We have to be wise in handling our financial resources. We must do what we must to secure our own and our family’s future.