5 Financial tips from young entrepreneurs Daniel Padilla and Kathryn Bernardo

Most Filipinos would probably know that Kathryn Bernardo and Daniel Padilla, collectively known as KathNiel on-screen, are big names in show business. What a lot of people don’t know is that this reel-to-real life couple also run a business together outside their on-cam careers. Since we know a lot of millennials are looking forward to starting their own business rather than become a corporate slave forever, we listed down financial tips below for everyone’s reference.

Kathryn Bernardo and Daniel Padilla at the PayMaya BalikBayad launch in Estancia Mall, Pasig City.

We were able to join an exclusive Q&A with the teen royalties last Wednesday (February 5, 2020) during the launch of their PayMaya BalikBayad campaign – their first on-cam reunion after years of not working together on projects. This was where we learned that the two are running their own personal businesses and a joint venture as well!

Kathryn has a nail salon called Kathnails, while Daniel has a restaurant in Greenhills. On top of running these personal businesses, they also recently opened a barber shop called Barbero Blues with the help of Kathryn’s mom. #Goals, right? If you also aspire to be like them, according to the two, here’s what you need to do:

1.Be willing to learn

Daniel wholeheartedly shared that running a business is a continuous learning process. They even had to learn the ropes before thinking of opening a barber shop.

Daniel Padilla

Si Kathryn, she has Kathnails – it’s a salon. Ako, I have my first business… a restaurant in Greenhills,” shares Daniel. “Naisip namin… Kapag nandun sila (sa Kathnails), saan pumupunta ang mga asawa or boyfriends nila, saan tatambay diba? So naisip namin na kunyari nagpapa-nails siya (Kathyn), nagpapagupit ako. So dun nagsimula ‘yung barber shop na ‘yun. It’s very young. May bago bago pa, inaaral pa namin ‘yun.”  

2. Seek help from those who know how to run a business

Throughout the interview, Kathryn and Daniel kept on mentioning how Kathryn’s mom helped them in their ventures. Both were very thankful for the support they got at managing things despite their young age. Kathryn’s just 23!

3. Keep track of your expenses via PayMaya

Keep track sa mga gastos mo, kung ano yung mga income mon a pumapasok, ano yung mga lumalabas, kasi with business, lahat yan – kahit piso yan, ten pesos, lahat nagma-matter kasi hindi lang iniisip mo dito (na) kayo lang. May mga empleyado ka na may mga pamilya so kailangan mo rin sila isipin,” shares Kathryn. “What’s good kasi with the PayMaya app is lahat ng nagastos mo, may record ‘yan.”

Kathryn Bernardo and Daniel Padilla during the Q&A

Kathryn also shared how she was able to get as much as P500 cashback via her PayMaya mobile wallet during one of her online shopping sprees. Daniel, on the other hand, only got P10 but for them, that amount is already enough to add to their investments.

4. Plan ahead and budget everything

To ensure that she doesn’t overspend, Kathryn also shared how she sets a monthly budget for shopping, food, and employees. This way, she gets to save more and earn more!

5. Enjoy the process

These two are just sooo supportive of each other! So sweet!

Lastly, Kathryn reminded everyone to enjoy what they’re doing. Running a business may not be easy but what matters is that you learn from it and have fun going through the process!


Filipinos can get in on the most rewarding mobile wallet experience by downloading the PayMaya app on their iOS or Android devices and using the code PAYMAYAKATHNIEL upon signing up to get an instant reward, apart from the many other cashback and discount perks they can get by being a PayMaya user.

To cheer you up and usher in nostalgia vibes, you can watch KathNiel’s newest PayMaya ad which looks like a ‘90s action movie – complete with guns, goons, and classic fight scenes.


In February alone, PayMaya users can get as much as P6,000 in cashback when they participate in the mobile wallet’s various promos for bills payment, buying load, paying for goods and services via QR, online shopping, and sending money, among many others.

PayMaya also recently introduced the ability to transfer money from users’ PayMaya account to other bank accounts, eliminating the need to wait in line at bank branches in order to make a bank deposit.

I’m a PayMaya user, btw! Highly recommended <3

For more tips and updates on useful apps, keep visiting Manila Millennial’FacebookTwitter, or Instagram pages!

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