The Worst Investment Advice I’ve Ever Heard

I’m sure she meant well, really. This happened to me a 8 years ago. I was going to open a mutual fund account with an investment company. As part of their paperwork requirements, I was to fill out a risk tolerance questionnaire. Basically, the questionnaire answers the questions: “Where should I invest my money? Should […]

The One Percent Challenge

Feel like you can’t save anything? Start with one percent of your income, which is Php 10 for every Php 1,000 that you earn. Just curious, have you taken the widely talked about Filipino version of the 52-week savings challenge and were able to finish it? The challenge requires saving Php 50 in the first […]

The Easiest Budget Plan Ever

I always look for ways to make my budget as simple as possible. To the point that I DON’T HAVE An elaborate BUDGET PLAN. Ok, honestly, how many of you actually make a budget? One of the most popular financial advice is probably “Make a Budget.” If you are able to follow this advice, good […]

WHAT is an Emergency Fund?

Whether you’re trying to get out of debt or just starting improve your financial situation, you need to set aside emergency savings. While it is more exciting to invest than to save up for an emergency fund, it is necessary to have an emergency fund for your financial success. This post is going to tell […]

Top 7 BAD Money Habits of OFW Families

Today, there are over 2.5 Million Filipinos working abroad, and last year’s remittances reached a record $ 25.8 Billion. Yes, that’s in Dollars! However, according to a recent survey, only 3 of 10 Filipinos, who recieve remittances, set aside money for saving. As OFWs continue to provide for their families’ needs, they have unknowingly cultivated a cultural […]

WHAT is a Mutual Fund?

Mutual funds. They’re a widely popular way to grow your money. Great for newbie investors! But, many of us don’t really understand how mutual funds work and how they help increase our wealth. Today’s post aims to educate and equip you with the basic need-to-know information about mutual funds. WHAT is a Mutual Fund? A mutual fund […]