Your 2026 financial prep list

MANILA, Philippines — The air is crisp, the lights are bright and twinkling, and the festive cheer is palpable and contagious. Yes, it is that time of the year—and there is reason to celebrate.

For many, the end of the year is a time for celebration, winding down and spending precious moments with family and friends. But before you get swept up in the holiday joy, it is also time to ask yourself: are you ready to face the coming year, finance-wise?

While tackling budgets and finances may seem to clash with the joyful holiday vibe, it’s actually the opposite. Preparing yourself before the year ends will allow you to tackle the coming year more confidently—making the holiday celebrations even more joyous and vibrant!

Wouldn’t you be happy knowing that you can face 2026 strategically? Setting a financial plan for the new year may be the best gift you can give yourself during the holidays.

Here is a basic financial planning checklist to help you end the year strong and start 2026 on the way to financial success:

Revisit your financial wins and lessons learned.

Take a hard look at your spending habits from the past year. What did you spend the most on—and did you really have to spend that much on them? Did you stick to your budget? Where does your money really go? Understanding how you spend your money is also a solid foundation for setting a realistic and more effective budget for 2026.

Recalibrate your budget around what truly matters.

Make room for a meaningful year. Allocate for things that enrich your life—whether that’s fitness, creative pursuits, family travel or self development. Rather than simply tracking obligations, rework your finances to align with your purpose and passions.

Secure your future.

As the year starts, be sure to refill your emergency fund to hold three to six months' worth of expenses. This ensures you can cover unexpected costs like medical bills or repairs without relying on debt or long-term savings.

Up your insurance.

Review your insurance policies to determine if you need to increase coverage and ensure all beneficiary designations are up to date. If you don’t have insurance (for instance, if your job does not offer health insurance coverage), use this time to shop for options that will fit your specific health needs.

Plan for your passion projects.

Your passion deserves a place in your financial vision. If 2026 includes major anticipated expenses like a wedding, home purchase or long-planned vacation, integrate these big-ticket items into your new budget now and start setting aside funds immediately.

Explore investment opportunities.

Updating your financial goals means assessing if your current sources of income align with what you want for the future. And now is the best time to think about your future.

To truly elevate your wealth and finance strategy, consider joining a premier financial club—especially if you want to explore investments. These clubs often grant members first crack at curated investment options and offer numerous financial benefits that can accelerate your progress.

Planning for 2026 is more than just organizing your finances. It’s about creating the freedom to live boldly and meaningfully. By doing these things, you set the stage for a year defined by clarity and confidence.

And with the support of RCBC’s Hexagon Club that offers personalized guidance, exclusive perks and privileges and expert insights, you can pursue your goals with even greater momentum.

Benefits include priority service, dedicated relationship managers who can help you plan and manage your investments, and special rates on loans and deposits—perks that can help you prepare for 2026 and years to come.

Currently the fifth largest privately owned bank in the Philippines and with a recognition for Best Bank for Customer Experience, RCBC remains committed to supporting you all the way. With thoughtful preparation and RCBC as your partner for your passion, by your side, 2026 can be the year you thrive.

Source: www.meetshaneek.com