Every year, the world celebrates the Chinese New Year, either in late January or early February (it’s Feb.1 this year based on the ancient Chinese lunar calendar). To a lot of people, one’s observance of this tradition will influence their fortune in the next 12 months.

But this is not the only way to have good fortune.

For Rizal Commercial Banking Corporation (RCBC), there are a lot of ways to achieve prosperity, even beyond the Chinese New Year.

RCBC believes in the importance of honoring traditions and celebrating occasions like the Chinese New Year. But at the same time, it believes that good fortune comes to us because of our sound financial decisions, which we should embrace as habits.

These investment and banking habits range from always tracking your spending to officially committing to a financial plan.

Another simple thing that could be done on your way to good fortune would be budgeting. This involves identifying your expenses and aligning them with your needs.

One can also start building your emergency savings. This way, one doesn’t get overwhelmed when there are unexpected expenses. One can do this by opening a bank account or a second bank account.

The good thing is that there are now a lot of easy and safe ways to open a bank account. In RCBC, one can open a bank account online in just a matter of a few minutes. This will allow access to RCBC Digital, the bank’s online banking app, that offers everything you need when transacting online– deposit, payments, and investments.

Another habit that one should start adopting is to stop overspending. If you have already started tracking your spending and budgeting, this should be easy. If one has a credit card, set alerts that would notify you of your spending.

Next habit would be committing to a financial plan and identifying your financial goal for a certain period of time. It could be next month, next year, or in the next five years.

A financial plan could range from targeting to becoming financially independent, having your own savings and emergency funds, becoming debt-free to having your own set of investments, whether it’s unit investment trust fund (UITF), insurance or Time deposit. By opening an account online, you can already invest, manage and redeem your investment through the online banking platform.

The last investment and banking habit to adopt, and perhaps the most important, is choosing the right banking partner. It is important that the bank that you are choosing does not only meet all your requirements in a financial institution, but is also sustainable.

All it takes is a good internet connection, and one valid ID to jumpstart your banking experience and a fruitful financial journey with RCBC Digital.

RCBC is a member of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates in Southeast Asia. It is one of the largest private domestic banks in the Philippines in terms of assets and has a network of over 434 branches and 2,809 ATMs and ATM Go units as of December 2021.