Gift cards are not only issued by many businesses that allow anyone to pay without any need for cash or credit card. They can also be purchased from Philippine banks. Popular gift cards are issued by big department stores, grocery, bookstores, and restaurants. The disadvantage is that they can only be used for that particular business…
Knowing your asset is crucial in financial planning. When you are trying to make sense of your net worth, it is important to know what assets to include in your records. It can be anything that you own and has cash value or it can be converted to cash. An asset is anything that you own…
Can you apply for credit card and get 100% approval? You can do that with secured credit cards. In this article, we are going to talk about why secured credit cards can be an option for people who have difficulty applying and obtaining a credit card using the usual route at the bank. What is…
I have written that my old phone died on me. I am, sadly, not fond of shopping. All the time spent walking around and looking at window displays is exhausting. But I realized, I was able to save some cash by asking as many stores as I could visit and finding the right one. And…
When someone invites you for either a free financial seminar or a one-on-one talk about financial planning, say yes. It’s the one class that’s not offered in college. Read on to find out the seven reasons why you should attend. 1. It is free. Almost all of the seminars I have had the privilege of…
Having a strong financial foundation is perhaps the most important part of financial planning. Investing is good. It can be fun and exciting, especially when you are already doing it and you see the returns actualized. But it is also risky. And this is what financial foundation is about: how to manage the risks that investments, and life in…
A life insurance policy in the Philippines is pretty straightforward. It ensures that your life is secured. So, even if an unwanted accident or detrimental health issue happens, you know that your entire family’s life will not be put to a financial debt. Meaning, your insurer will pay your family in the event of an untimely death….
What are the different types of account that you can open at a Philippine bank? According to the Bangko Sentral ng Pilipinas, financial inclusion is a dream that has a long way to go in the country. An overwhelming majority of the population remains unbanked. Seven out ten Filipinos still do not have any bank…
Thinking of starting an account for your children? In the Philippines, banks are offering basic deposit accounts for kids. Primarily, they’re marketed to parents to open and invest in these accounts as soon as they’re able to for variety of reasons. In this article, we’re going to talk about 14 savings accounts that are best for the…
There are many banks in the Philippines that offer savings accounts to customers. But do you know which ones are considered the best among the rest? After all, choosing a bank account to open and keep is crucial as you wouldn’t want to miss the opportunity to earn passive income. In this article, I am going to discuss…
Who doesn’t want free stuff? Well, everyone loves anything that doesn’t come at a cost. And when it comes to credit cards, the same thing holds true. So in this article, we will talk about credit cards that are issued by banks with a very attractive catch: there is no annual or monthly membership fee….
Insurance is a way for your family and beneficiaries to receive money on your untimely death. Sadly, most of us Pinoys have grown allergic to talks about death and life insurance products in general. Culturally, we stay away from or avoid bringing up the topic of dying and death in conversations because doing so would somehow, in some…
Do you find it difficult to save despite working so hard and for so many years, you still don’t have any savings? At the end of the month, do you ask yourself where all your money went? They say that knowing the problem is halfway to the solution. Here are the five reasons why you…
One of the first things that beginners would look is a free resource online. This article is a list of blogs and websites that talk about how to invest in the stock market. It is arranged alphabetically. Top Stock Market Investment Blogs and Websites Philippines Curious about where you can read and learn more about the…
Do you have debts? Have you been planning to pay them off with the goal of closing them down? Everybody would agree that debts can be a headache. When they are uncontrolled, they can harm even the most careful financial plan that you put in place. This article is going to discuss strategies in bringing them to…
Why do you need to buy insurance? And when you buy one, what are the advantages of buying a life insurance policy? You may find that we cover this topic extensively in our blog, and it’s because we believe in it. We advocate for every Pinoy to get insured. We’ve already covered your insurance needs at…
In the Philippines, businesses can register as a corporation with the Securities and Exchange Commission. Corporations will start as privately-held; meaning, they do not have to submit periodic reports that are to be made public. Publicly-listed companies and their stocks on PSE And an option is for companies to go public. When they are publicly-listed, their…
There is an ongoing debate whether it makes sense to buy a life insurance for your kids. Many experts in the industry don’t seem to quite agree. While it is ultimately your decision, it pays to understand the two sides of the coin on this matter. On one hand, an advisor claimed that children don’t need it…
We can’t avoid uncertainties. Life throws anything unexpected at our way as we live day to day. What happens when these unforeseen situations happen? How financially prepared are you to meet them? This is what the emergency fund is made for. It is an important in any financial plan. What you’re about to read are banking products you…
We’ve covered the general rules and Philippine laws on picking your beneficiaries in an earlier article. But frankly, you are not expected to know them when buying life insurance in the Philippines. It’s for need-only basis. Anyway, your advisor or insurance company can answer your questions any time. You can also read our articles, send us a message and we’ll get back to you right away. That’s why,…
How do you know that you need life insurance? When is the best time to get insured? What stage in your life should you buy life insurance? Whether you already have a policy or you are still thinking of getting one, these are questions that you might have when you come across life insurance products available in the Philippines….
