Nicole divides her finances into two categories:
She tracks these two categories separately.
Her Cash is further divided into three:
Her On-hand Cash is further divided into two:
- On-the-go wallet
- Home wallet
She has several banks
- Unionbank (open an account online)
- High-interest savings accounts: Gsave, Ppsave, ING (digital banks with high interest and no maintaining balance). Use these high interest banks for your emergency fund and goals you are saving up for the future.
Her e-wallets include:
- Grabpay (similar with Paymaya but probably has more points)
Nicole has excellent advice on How to be safe when online shopping using e-wallets.
Nicole Alba. (2020, June 24). How I Manage My Finances in my 20s | Personal Finance System 2020 (Savings, Cards, Spreadsheets). https://www.youtube.com/watch?v=PiNlVlF1BdI&t=530s