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….
A tough question to crack is how to prioritize your limited income. If you have to choose between paying your debt or maximizing your money, which one should you pick? The short answer is, no. You should pay your debts first. Limit your borrowing. But find out why people borrow money to invest. Pay your debts first if…
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…
