Have you availed any of these insurance? Whether or not you have had it figured out, you have to realize that having insurance is essential. Even though we don’t want unfortunate accidents or unexpected events to happen to us, it’s better to be prepared rather than struggle financially. Related Post: Why is Insurance an Essential […]
Category: Money
How to Plan and Save for Retirement in the Philippines
Have you started? How much do you need for your retirement in the Philippines? Good news and bad news… Life expectancy for people living in the Philippines are have increased over the years. It is projected to increase to 79 years old in 2050. This means that if you plan to retire at the age […]
INFOGRAPHIC: Habits of the World’s Wealthiest People
The wealthiest people tend to have the same habits that propel them to success and these often take years to form. Learn and follow these routines of the rich – and who knows, you might find yourself being one of them! – Source: Entrepreneur
Top 7 Excuses People Use to Avoid Investing
Most of the time, excuses are pretty harmless. But when it comes to not investing, or not investing enough, it can have serious consequences. For example, a lot of people are poorly prepared financially for retirement. They blew it by not looking toward the future and investing throughout our lives. Consider these figures: Out of […]
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 […]
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 […]
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 […]
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 […]
Why is Insurance an Essential Part of Financial Planning?
It’s a risky world. Life is full of risks – some are preventable, some can be easily minimized, some are completely unforeseeable but all can actually be managed properly. Insurance can be confusing and it’s hard to know what you really need or want. As we grow older, get married, build families and start businesses, […]
HOW to Save Money on Remittances
Filipinos who reside in foreign countries often find themselves needing to send money to their family in the Philippines. I’m sure you’re familiar with wire transfers, walk-in money transfer centers, online payment and other traditional ways to send money remittance – but are you getting the best deal possible? On this post, I’ll be sharing […]