Money Girl Philippines - How Rich Are You - The True Measure of Wealth

How Rich Are You?

If you are to answer such a question honestly, what would it be? Would you answer “I own 3 houses, 2 cars, a few stock investments, etc”, or “I am worth Php 1,000,000”, or “I earn Php 50,000 a month” etc. We often think of wealth as a money figure, whether in pesos or in personal […]

Money Girl Philippines - The Ultimate Filipino Millennial Life Plan for Financial Failure

Filipino Money Life Plan {For Failure}

Here’s the standard life plan for the average Filipino Millennial after they graduate from college: 1. Find salary paying job. 2. Enroll yourself in SSS and just be content with this pension plan. 3. Receive your paycheck. Since you need to unwind after stressful days of work, go out for a night-out with your co-workers […]

Money Girl Philippines - Income less Savings equals Expenses

Income – Savings = Expenses

EARNING MONEY doesn’t not come easily, but the simplest and easiest thing to do is to SPEND. Many tend to follow the age-old equation “INCOME – EXPENSES = SAVINGS.” Wherein the amount left with you after paying for your monthly cost of living goes into savings. People always save out of surplus income. Anyways, here’s […]

Money Girl Philippines - Why are some Stocks called Blue Chips

Why are Some Stocks Called Blue Chips?

So where did the term “blue chip” come from? And how did big companies such as Jollibee Foods Corporation (JFC) , Bank of the Philippine Islands (BPI), Megaworld Corporation (MEG), Globe Telecom Inc (GLO) and Manila Electric Company (MER) come to be known as blue chips? The name “blue chip” came about from the game […]