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NewsTranscript
00:00A commercial building in Songnam, South Korea was set on fire.
00:08It was seen that there was a fierce fire and a heavy smoke from the building.
00:12According to the South Korean news agency, Yonhap,
00:15240 people were injured inside the building.
00:1970 people were in the kitchen.
00:22About 130 people were treated because of the heavy smoke.
00:27According to the investigation, the fire started in the kitchen of a restaurant on the ground floor
00:32that spread to the exhaust duct.
00:36This 2025, why not manifest financial freedom?
00:40This is the solution to achieve the saving goals from a financial literacy advocate in the TikTok of Vonna Kino.
00:47In the beginning of the year, Dominic is planning to save money.
00:57He wants to go back to college.
01:00Manage your income. 50% is to your expense, 30% to your saving, and 20% to your savings, if ever.
01:09Aldrie will save for his dream motorcycle and to have emergency funds.
01:15I saw a saving challenge on TikTok.
01:19I bought a notebook.
01:22I plan to save 1,000 per cut-off.
01:28Angelo's saving goal is six digits.
01:31That's why he's planning to find an extra income.
01:34He also knows where to put his savings.
01:37Digital banks now to earn more interest.
01:41According to a financial literacy advocate, it's important to have a financial plan and goal.
01:47It can help in the future and to avoid financial stress.
01:52If you know what you want to be, what you should do and what you should get is clearer to you.
02:02And to start with, be specific on how much is the target savings or investment.
02:08So that the money won't fall asleep, it's good to invest in e-wallet or mobile wallet and financial institutions.
02:16Automate your saving and or your investing.
02:20Because saving is not enough, you need to balance what you're saving.
02:24What I'm saying is, once the money comes in, it will automatically be transferred to your savings and investment.
02:32Have an accountability partner to track and monitor your progress.
02:37If possible, open three bank accounts that will be your salary account if you have a job,
02:43savings account and spending account where you will put your bills.
02:48The more chances you don't have the money, the bigger chance you won't be impulsive buying.
03:00Von Aquino reporting for GMA Integrated News.
03:04Don't miss the latest updates. Subscribe to GMA Integrated News on YouTube.