There’s always something surreal about being in a concert: the music, your favorite artists or idols, the lights, the energy of the crowd. I say this because every time I attend a concert, I tear up, especially when an artist plays my favorite song or when I feel the artist’s presence even more, reminding me that I’ve longed for that day for a long time and that moment, I was there, present, with my idol and fellow fans. Moments like these are very magical.
Nevertheless, attending your fave artists’ live shows can sometimes seem unattainable, especially in this economy where ticket prices, travel expenses, and other concert miscellaneous expenditures stir up your budget even more. For a probinsyana who has been flying in and out of my city to attend concerts almost every month, I’m here to give you the lowdown on how I made all my concert dreams a reality. I’m at the point in my single life where I have accumulated 14 years of work experience, so I might have the privilege to save more money, but I’ll try my best to make these tips inclusive, even to a fresh graduate.
Practical Tips for Saving Up Efficiently
We now live in the digital world, and that entails embracing technology in our lives. Otherwise, we risk being left out. As someone who works in the tech industry, I always seek innovative solutions in the market, including financial fixes. Being smart, practical, and efficient is now the key to success in our endeavors, be it saving up for our fave artists’ concerts or simply wanting to grow our money.
And you know who helped me achieve my concert-saving goals? It’s Maya, the all-in-one money app that allows users to spend, save, grow, invest, and master their money. Using Maya helped me have enough money for sudden concert trips and even more. As I saved up, I also earned interest. Saving up with Maya gives you the biggest interest rates, up to 15% p.a. credited daily.
Now, listen. These rates are much higher than your typical Filipino bank. Imagine getting up to 15% just by saving your money on Maya. It’s basically free money, so that’s why I get to spend more on other stuff, like airfare tickets and concert outfits. Plus, I have more money for extra trips and shows when I’m in the capital city.
Apart from that, I utilized Maya’s Personal Goals feature. This tool has allowed me to set a specific savings goal for my concert expenses and track my progress in real-time. I was able to see a visual representation of my goal. Plus, I get to customize my savings plan to keep me on track and adjust my needs. With an interest rate of 4% per annum, I could watch my savings grow while still having the flexibility to access my funds when needed.
Apart from saving, I also invested some of my money through Maya’s Time Deposit Plus. I could invest in my concert budget and grow it steadily until showtime, with interest rates of up to 6% annually. With this feature, you’ll be able to save up to P1 million per account and have up to five different Time Deposit Plus accounts, promising some extra cash fuel for your concert adventures.
With Maya at my side at all times, I give you more tips for enhancing your savings:
- Track your expenses
Tracking my expenses has been challenging as someone who is not very into lists, but this habit has dramatically improved my saving capabilities. Of course, we cannot just easily let go of our basic needs, but monitoring our spending makes us identify areas where we can cut back and allocate more savings for concerts.
- Automate your Savings
The term automation might seem technical and intimidating, but the truth is that we are already experiencing a lot of automation in our lives, perhaps even in the early 2000s. This automation I’m talking about is automating your bill payments and your savings.
Since many concerts are announced eight weeks or even later before the big day, fans run the risk of not having saved up for unexpected shows. Hence, you should be able to save up enough money for a concert and leave more behind for your other goals and emergency fund.
Having a set amount to save monthly and setting up automotive transfers to your Maya savings account ensures that you’re consistent and your savings grow by the day.
- Motivate Yourself
This consumerist-driven world makes it hard to resist buying stuff, from food delivery services to the endless sales of e-commerce marketplaces in the country. It’s challenging, but I implore you to resist your consumerist instincts unless you earn at least six digits or more.
A way to stay motivated on your concert goals is to keep a visual reminder of your concert goal, like a countdown or pictures of the venue, to stay inspired. Try watching a live video of your favorite artist. Envision and feel the feelings of being there, enjoying their songs.
Fund the concert of your dreams now.
Maya’s app features have truly transformed my concert dreams into reality. In the past, I could only go to one or two concerts every year, but ever since using Maya, I have been able to leverage my income to save up on things that are more important to me, like concert experiences.
Start making Maya your digital piggy bank and experience the benefits of their personalized goal-setting tools, flexible time deposits, and high-yielding savings accounts. Whether you want to go to the next big music festival or an intimate live performance, Maya is your genie who’ll help you make it happen.
Download the Maya app and use my code TPBLOVESMAYA when you register for an account.
NeP-C Ledesma is a millennial writer and entrepreneur full of curiosity about our abstract world. She devours Psychology, food, Philosophy, and prefer cats as her all-time company. Pop Culture is her kryptonite.