Money in the bank or latest SUV ride?

[KenGarcia]

I remember some time ago a bank who offers the depositor a free car provided the he/she keeps a certain amount of deposit in the bank untouched for x years.

Gaano naman kaya katagal yun sir, kahit rough estimate?

[dr. d]

I remember some time ago a bank who offers the depositor a free car provided the he/she keeps a certain amount of deposit in the bank untouched for x years.

those were the days..
there was also "double your money in 5.5 years"...
sigh..
today.. even a free floor polisher or coffee maker.. wala pa...

[dr. d]

Why are we even discussing this?[/QUOTE]

because we (o sige... they!) have money to burn !
you can join in, sir...

[dreamur]

Gaano naman kaya katagal yun sir, kahit rough estimate?

More likely at least 5 years similar to the double-your-money scheme mentioned by dr d. But I think that was like 10 yrs ago!

[Yatta]

You will have to ask yourself, do you need the car? If you do, then get your money and buy one. Saving money should be a means to an end, not an end in itself. Mayroon ako officemate, saksakan ng kuripot, tuwing dumarating sa office pawis na pawis, pero milyones ang pera sa stocks. Para sa kanya kaligayahan ang makita na lumalago ang pera niya. Tinatanong namin para saan at kanino siya nag-iipon, wala lang daw gustolang niya.

[yebo]

SUV hahahaha!

Meron na sa bank saka equity. Konting saya naman.

[dr. d]

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More likely at least 5 years similar to the double-your-money scheme mentioned by dr d. But I think that was like 10 yrs ago!

yes. it was 10 years ago.
after that... malaki na ang 5 or 6 %... kung mamalasin pa, hindi sayo sasabihin yung hidden charges nila..

[_Cathy_]

You will have to ask yourself, do you need the car? If you do, then get your money and buy one. Saving money should be a means to an end, not an end in itself. Mayroon ako officemate, saksakan ng kuripot, tuwing dumarating sa office pawis na pawis, pero milyones ang pera sa stocks. Para sa kanya kaligayahan ang makita na lumalago ang pera niya. Tinatanong namin para saan at kanino siya nag-iipon, wala lang daw gustolang niya.

Exactly! Just like my Tita who flies economy when she has so much money in the bank. My Mom and I keep on telling her she should fly business at her age (at least for long haul flights) but she says she is comfortable flying economy She is that type of person who finds happiness in knowing that her money is growing or she made a good deal or got the cheaper option. There's no goal or purpose talaga, she likes to save money just because.

Yung mga ganyan tao kahit gaano karami ang pera sa bangko malabong bumili ng latest SUV for happiness hehe

[dr. d]

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Exactly! Just like my Tita who flies economy when she has so much money in the bank. My Mom and I keep on telling her she should fly business at her age (at least for long haul flights) but she says she is comfortable flying economy She is that type of person who finds happiness in knowing that her money is growing or she made a good deal or got the cheaper option. There's no goal or purpose talaga, she likes to save money just because.

Yung mga ganyan tao kahit gaano karami ang pera sa bangko malabong bumili ng latest SUV for happiness hehe

do we have the same tita?
everyone in our clan, knows that our tita is the richest... even as she is the worst dresser.. worst home-owner.. worst market buyer ("bakit mo binili yan?" "...itong mura, e...")
quripot numero uno!

[dreamur]

SUV makes sense. Saan ka ba pwede mag pick up ng hot chicks or magbabarumbado sa daan or i-bubully and mga mc or smaller cars kung passbook lang hawak mo na may laman na milyones?