Skip to main content
  • Search
  • Home
  • Our Products
    • Protection
    • Health
    • Savings
    • Wellness Series
    • Insurance with investment
    • BPI AIA Direct
    • Partnership Insurance
    • Corporate Solutions
  • Key Moments
    • Building My Wealth
    • Getting Married
    • Becoming A Parent
    • Working Abroad
    • Planning For Retirement
    • Running A Business
  • About Us
    • Our People
    • Media Center
    • Corporate Governance
    • Our Commitments
    • Events & Promotions
    • Careers
    • Our Customer Charter
    • Our Internet Security Arrangement
  • Claims & Support
    • Contact Us
    • Contact Info Update
    • BPI AIA Funds
    • Payment Facilities
    • Benefit Payout Enrolment
    • Frequently Asked Questions
    • Claims Guide
    • Forms Library
    • Bill of Rights of Policyholders
  • Total Health Solution
    • Live Better
    • Get Better
    • Protect Better
    • My AIA PH
  • My BPI AIA
    • Bancassurance Portal
    • My AIA
    • REQUEST My AIA ACCESS
    • Bancassurance 101
BPI AIA
BPI AIA BPI AIA
  • Our Products

    Our Products

    Find a life insurance plan according to your needs

    SEE MORE

    For Individuals

    For Corporations

    • Protection

      Put yourself at ease by protecting those you love

    • Health

      Protect yourself from unforeseen medical costs and focus on getting better

    • Savings

      Make saving for the future within your reach

    • Wellness Series

      Protection solutions that reward your healthy choices

    • Insurance with investment

      Make the most out of your hard-earned money

    • BPI AIA Direct

      Affordable protection products readily available

    • Partnership Insurance

      Affordable insurance to protect yourself and your family

    • Corporate Solutions

      Protect your company's best assets

  • Key Moments

    Key Moments

    Where are you in life's key stages?

    VIEW ALL KEY MOMENTS
    • Building My Wealth

      Setting yourself up for success

    • Getting Married

      Embark on a beautiful journey as husband and wife

    • Becoming A Parent

      Preparing your child's future

    • Working Abroad

      Setting aside in order to come home for good

    • Planning For Retirement

      Having time to do things that you have always wanted to do

    • Running A Business

      Take care of your most important asset

  • About Us

    About Us

    BPI AIA is a partnership of financial icons

    Know more
    • Our People

      The foundation of our success

    • Media Center

      News and information about BPI AIA

    • Corporate Governance

      ASEAN Corporate Governance Scorecards

    • Our Commitments

      Partnerships and community initiatives

    • Events & Promotions

      Here’s what’s happening in BPI AIA

    • Careers

      Explore opportunities to bring real ambition to life

    • Our Customer Charter

      This is our commitment to you.

    • Our Internet Security Arrangement

      Safeguarding your data.

  • Claims & Support

    Claims & Support

    We strive to provide the best service for our customers

    Contact BPI AIA
    • Contact Us

      Cannot find the answer in our FAQ section? Contact us now

    • Contact Info Update

      Easily update your contact information with us to receive timely updates on your policy.

    • BPI AIA Funds

      BPI AIA and Ayala Life Funds Information

    • Payment Facilities

      We make it easy to pay your premium. Choose the best payment option for you.

    • Benefit Payout Enrolment

      Receive your benefits via our convenient payout options.

    • Frequently Asked Questions

      Have a question? You may find the answer here

    • Claims Guide

    • Forms Library

      A selection of forms you can download, fill in and send back to us

    • Bill of Rights of Policyholders

      The Bill of Rights details an insurer's obligations to consumers to better protect policyholders.

  • Total Health Solution

    Total Health Solution

    • Live Better

      Enjoy a healthier, better, longer life with AIA Vitality.

    • Get Better

      Be on the road to full recovery with access to health care services.

    • Protect Better

      Be better protected against life's uncertainties so you can live worry-free.

    • My AIA PH

      Welcome to My AIA! It's your new all-in-one customer portal for your policy, health and wellness needs. Login and try it today!

  • My BPI AIA

    My BPI AIA

    Access your BPI AIA accounts

    • CUSTOMER

      My AIA

      View the status of your policy & claim requests, monitor your policy’s account values, and keep tabs of your payments & benefits history.

    • BSE

      Bancassurance Portal

    • Bancassurance 101

      BPI AIA is the number one bancassurance company in the Philippines. Find an affordable life insurance product in 800+ BPI branches nationwide.

  • Search
  • Contact Us
    • Call Us

      Open: 8am to 5pm, Mon - Fri

    • Leave Us a Message

Finance and Insurance
Prev | Next
Back to Top
  • {{title}}

    {{label}}
  • [INFOGRAPHIC] 5 Luxuries You Can Live Without to Save More Money


    5 Luxuries You Can Live Without to Save More Money [Infographic]

    So many young professionals of today feel the burden of living paycheck after paycheck. Chances are, you’ll find them struggling with money management and building their savings fund.

    However, you can still see a lot of them queuing at a nearby coffee shop for their daily cup of joe (or milk tea). They might also cut corners on some necessary bills, yet never miss out on their subscriptions like Netflix or Spotify.

    Are you really broke when you can afford these little luxuries in life? When fixed expenses start to pile up and increase, this is when you’ll realize it’s time to budget and prioritize your expenses for the sake of your bank account (and sanity). 

    Top 5 Budgeting Techniques to Help You Save More Money Infographics

    Need a little help with your money management? Let’s start by cutting down on your luxuries to make space for your necessities and improve your financial habits. Here’s a more in-depth way of how you can do it. 

    1. Overpriced Coffee

      Today’s young professionals run on caffeine, and one of their favorite stops is Starbucks. Coffees are costly. Yet, it’s one of the last things people cut back on to save some cash. You might think this is just a small spending habit, but it’s not.

      There’s a concept called the “Latte Factor” that points out the discretionary costs people spend here and there, which can add up to a significant amount over time. Because of this, people miss out on what could have been a good opportunity to save more or grow their money. Here’s a table to illustrate:
      How much coffee
      If breaking your coffee addiction is impossible, you could invest in a coffee brewer and make your own cup and bring it to work. It costs less but can still offer quality taste, especially if you have good coffee beans. Another option is to find another café that serves quality coffee at more affordable prices. Or, you could always opt for three-in-one coffee mixes on petsa de peligro days.

    2. Netflix subscription

      Netflix is arguably the best streaming service out there. Statistics show that by 2020, Netflix will have over 296,000 subscribers in the Philippines. Thanks to the service, many Filipinos can watch their favorite movies and TV shows, and discover new titles on demand. Now that Netflix also streams Filipino films, it will indubitably retain its following and possibly gain new subscribers. Is it worth the cost, though?

      Presently, the standard Netflix plan in the country is at P460 monthly, while the basic plan costs P370, and the premium plan is P564. It’s cheaper to share the cost among five friends or family members.
      How much Netflix
      You could unsubscribe from Netflix to really save, or borrow your friend’s account. But if it’s not possible, at least share the plan with other people to save big time. That extra P5,412 can used to pay for unexpected expenses and other necessities. Better yet, you can put the money in a savings and emergency fund.

    3. Gym membership

      It’s always tempting to sign up for a gym membership every start of the year to activate your New Year’s resolution. But is the membership and month-to-month package worth it? This can be challenging to justify, especially if you’re a gym rat, but for those who don't work out regularly, this easily becomes a non-essential.
      How much Gym Membership
      Instead of enrolling in a gym and attending monthly sessions, you can exercise outside (i.e., jog) and supplement it with at-home exercise videos that won’t cost you a penny. You can purchase basic workout equipment to intensify your exercises, but those little expenses are still reasonably and significantly cheaper than working out at a gym. While you’re at it, make sure to eat the right food your body needs to maximize your physical health.

    4. Eating out

      Eating out is one of the small luxuries in life that people tend to overlook. Additionally, more and more restaurants are popping up here and there, which entices people to dine and try out new food places. However, an innocent invitation to “have lunch outside” can put a dent in your bank account in the long term.

      How much Eating out
      You can save a lot by making your own meals at home and bringing them to work. If you want to change your eating habits, save time, and save more cash, you can try meal prepping. This means preparing all your meals—could be breakfast and lunch for work—for the whole week every Sunday, so you’ll only have to grab your meals and go every workday morning.

    5. Buying only branded products

      No one will walk up to you and check the tag on your clothes, so there’s no need to give in to social conformity to keep up with other people. A branded shirt can easily cost you a couple thousand pesos, and trendy sneakers can set you back up to P6,000, if newly launched.

      Often, people take advantage of their 13th-month pay to reward themselves with their “wants.” It may make you feel better at first, but do check if your bank account can afford to uplift you with these “wants” because sooner or later, you’ll want more.

      How much branded products
      Go for simple clothing, shoes, bags, and other products. As long as it’s made of good quality materials and cheaper compared to branded products, that’s money better spent. Check out lesser-known brands. Many offer excellent products from clothing and shoes to gadgets at a low price. Alternatively, you can go thrift shopping where you can score branded finds for a cheap price.

    Make Smarter Financial Moves

    Rent, utilities, bills, transportation, food, healthcare -- these are only some of the monthly expenses people have to pay for regularly and can’t live without. These are the things you should prioritize over unnecessary costs like the small luxuries above. When you get your finances and priorities in order, that’s when you can start to enjoy a healthier financial status.

    Eliminating these small and relatively unnecessary costs can give you the opportunity to spend on more valuable investments like a life insurance savings plan, which can help you prepare for a healthier, longer, and comfortable future.

    Care to be more enlightened about how you can save more and manage your finances wisely? Talk to one of our Bancassurance Sales Executive at any of our 900 BPI branches to learn more!

    Did you know?

    You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!

    RECOMMENDED PRODUCTS

    Life Ready Plus

    Protection

    Get the power to protect yourself and your family with an affordable life insurance plan. Life Ready Plus is easy on the budget, but offers coverage of up to 30 times your yearly payment to support the financial needs of your loved ones.

    The plan gives you fast access to coverage and benefits and can match your long-term financial goals when maintained within an appropriate term.

    Philam Life Vitality

    Critical Care Max

    Health

    Critical Care Max will help you make more memories by providing financial aid during the early stages of a critical illness. This unit-linked life and health insurance plan offers assistance on your recovery. You can build a health fund that grows over time, depending on your chosen investment, to pay for other medical costs.

     

    In addition, it comes with a hospital confinement benefit that will replace lost income due to hospitalization. This daily cash benefit may also come with optional benefits like cash payout for surgery-related expenses, allowance for consultation fees, and many others.

    Philam Life Vitality

    Build Estate Plus

    Life Protection

    Let your loved ones enjoy the fruits of your labor even when you’re no longer around. Build Estate Plus is a unit-linked protection plan that will cover your estate taxes after your passing so that you can ease your family’s burden.

    It doubles as an investment savings fund that builds Account Value as you pay. It is also integrated with AIA Vitality that provides additional upfront coverage of 20% to your policy and add-ons.

    Philam Life Vitality

    CRITICAL CARE PLUS

    Health

    Be in good hands in times of sickness. Let Critical Care Plus, a unit-linked health and life insurance plan, take care of you with financial aid in case of a major illness, so you can focus on getting better and spending more time with your loved ones.

     

    It even gives you more benefits for having good health through the AIA Vitality program that adds 20% upfront coverage and supplemental benefits on your policy. 

     

     

    Philam Life Vitality
    Newsletter

    CONTACT BPI AIA

    (02) 8 528 5501

    FACEBOOK MESSENGER

    15th Floor BPI-Philam Life Makati (formerly Ayala-FGU Bldg) 6811 Ayala Avenue Makati City 1226

    CONTACT BPI AIA

    (02) 8 528 5501

    FACEBOOK MESSENGER

    15th Floor BPI-Philam Life Makati (formerly Ayala-FGU Bldg) 6811 Ayala Avenue Makati City 1226

    GO TO

    AIA Philippines

     

    BPI

     

    AIA.COM

      

    Explore BPI AIA

    Our Products

    Key Moments

    About BPI AIA

    Who we are

    Our People

    Media Center

    Careers

    GO TO

    AIA Philippines

     

    BPI

     

    AIA.COM

    Learn more about AIA Group

    EXPLORE BPI AIA

    Our Products

    Key Moments

     

     

    ABOUT BPI AIA

    Who we are

    Our People

    Media Center

    Careers


    Copyright 2016. AIA Group and its subsidiaries. All rights reserved.
    Terms of Use | Privacy Statement | Cookie Policy

    This website uses cookies for the purpose of enhancing your user experience. You can find more information on the types of cookies we collect, what we use these for, and how to manage your cookie settings in our Cookie Policy and Privacy Statement.