The Philippine Star

Road to financial independen­ce starts at home

Whether you’re just starting out as a young profession­al in the workforce or as a long-time expert of your industry, everyone should at least have the fundamenta­l knowledge of managing and handling their own finances.

- By Andre Santiago

It is crucial that fiscally responsibl­e decisions be made as early as possible to be able to reap the abundant financial benefits later on in life.

For those who are already starting to decide where to invest their hardearned money, buying your own home is among one of the best and most utilized first assets anyone can acquire as property value appreciate­s over time.

Living in the city, and if you’re lucky, near the vicinity of your workplace, would also mean saving a fortune on commuting or car expenses.

Purchasing your own private means of transporta­tion rather than a home is tempting. However, a car quickly depreciate­s in value as they can easily wear out and become dated in style, often requiring a replacemen­t every ten years or so. In addition, car owners can vouch how expensive it is to maintain a private vehicle in the city. Aside from high fuel prices and maintainan­ce costs, drivers also need to keep in mind insurance costs, registrati­on and fees and spare tires.

While public transport may be a viable option instead to many young profession­als, numerous Filipinos would rather choose to endure Manila’s standstill streets than braving the cramped and sweaty spaces of public trains, buses and jeepneys.

Nothing beats owning a home near your office to avoid daily traffic woes by simply taking a stress-free walk to work. Fewer hours on the road means more time to yourself. Having a home nearby gives you more time to relax, spend time with the family and focus on things which truly matter.

Living in the city center also opens up a myriad of convenient services all located just outside your doorstep, even convenient transporta­tion from closely located public transport terminals.

Despite being the optimal choice, most young people start out their independen­t lives by renting an apartment instead of purchasing a home as the upfront costs can often be too high.

However, not all property developmen­ts in the city are costly. Real estate developer Empire East’s various properties are well-known for being able to cater the budget of any Filipino.

If you’re still looking for a new home, consider owning a condominiu­m at two of Empire East’s most admired developmen­ts.

Mango Tree Residences

Escape to Mango Tree Residences in San Juan City and partake in a gorgeous Italian- inspired vintage landscape, a low-density community which values privacy with only 10 suites per floor.

Strategica­lly located along Paterno and Ledesma streets, Mango Tree Residences is a twotower residentia­l community where residents can enjoy a refreshing retreat at its own art gardens everyday. Filled with homegrown mango trees, the property is home to a grand five-star lobby and worldclass amenities.

Situated near the LRT-2 Gilmore and J.Ruiz Stations, and through efficient road networks in San Juan City, Mango Tree Residences is just a few minutes away from Ortigas Central Business District as well as renowned shopping centers and malls within the vicinity.

Covent Garden

Young profession­als considerin­g going back to school to pursue further studies could opt to stay at Covent Garden along Magsaysay Blvd. in Sta. Mesa, Manila, one of Empire East’s best developmen­ts for competitiv­e learners. Covent Garden is convenient­ly near LRT2 V. Mapa station, paving the way for accessing central business districts as well as prestigiou­s schools in the University Belt of Manila and top- notch universiti­es such as the University of the Philippine­s ( UP) and Ateneo de Manila ( ADMU) University in Quezon City. Find the time to balance work and play as this neighborho­od also helps residents maintain a healthy lifestyle with various facilities.

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Covent Garden
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Mango Tree Residences
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Italian-inspired garden at Mango Tree Residences
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Covent Garden model unit
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