First of all, I’d like to congratulate all parents for surviving another season of school enrollment. I know it’s not easy to provide for your child’s education, that’s why I truly respect all parents who continue to work and sacrifice their own needs, just to keep their sons and daughters in school. Over the past [...]

If you’re like most people, you probably receive a lot of text message spam. You know, those SMS from unknown numbers asking if you’d like to buy a condo unit, or apply for a personal loan. Recently, I received one that says, “Short on cash for your child’s tuition? Apply for a personal loan. No [...]

I believe that beauty is in the eye of the beholder. And the same principle goes for personal finance and investments. What I mean is… if you ask an insurance agent if you need life insurance, then you’ll probably get “Yes, you need it!” for a reply. Alternatively, if you ask a stock broker where’s [...]

In my previous Reader Mail post, I posted and answered the question: “Is insurance an investment?” I said that it is not an investment, but just a form of protection. I also said that getting term-life insurance and short-term health insurance is important. In fact, you should have them before you even think of investing. [...]

Last week, I conducted a personal finance webinar with mostly OFW’s as my audience. The whole talk, including the question and answer portion, lasted for about an hour and a half. If you wish to watch the recording, you can view it HERE, you just have to register your name and email address. On a [...]

Credit cards are probably one of the reasons why many Filipinos are miserably in debt. I actually have some friends who consider credit cards as “evil” and swear that they will never, ever get one. Do you feel the same way? Personally, I consider credit cards as one of the best tools for leveraging money [...]

Many people don’t know that investing is different from trading. Investing is long-term, which means you buy, hold and sell after several years or even decades. Trading is short-term, which means you buy and then sell only after a few days, weeks or months. In forex, some traders buy and sell only after a few [...]

Last night, as the iPhone 5 was being officially launched to the Philippine market, a friend of mine was seriously contemplating where he should buy his iPhone 5. He was looking over the Globe and Smart offers, as well as checking out the prices at online classifieds and group buying sites. After a few moments, [...]

A friend of mine posted this on Twitter: “Using my 13th month pay to get the #iPhone5 on Friday. #YOLO” Just in case you’ve been living an actual life and missing out on what’s happening in cyberspace lately, YOLO means You Only Live Once. And today, aside from YOLO, I’ll share with you another urban [...]

The US Dollar – Philippine Peso exchange rate has been going down dramatically over the past year. I remember the price to be somewhere around P45 last year and just recently, it has breached the P40 mark. For OFWs, exporters, bloggers, virtual assistants and many others who earn in U.S. dollars – this is bad [...]