All About PDIC: Philippine Deposit Insurance Corporation

Published: April 25, 2017 | General Information | 3 Comments

When a bank closes, your money is not permanently lost. You can get all (or some) of it back, thanks to the Philippine Deposit Insurance Corporation or PDIC. Below are some basic information that are important for you to know and understand regarding PDIC. What is the Philippine Deposit Insurance Corporation (PDIC)? The Philippine Deposit […]

Take this Simple Financial Literacy Test

Updated: April 26, 2017 | Personal Finance | 10 Comments

A study by Standard & Poor (S&P) in 2014 showed that only 25% of Filipino adults are financially literate. The global score is 31%, which means our country is below average and needs to improve. Fortunately, the Philippine government is already working on several financial literacy programs to help address this. This news was announced […]

14 Things To Do in Your 20s, To Become Rich in Your 30s

Published: April 18, 2017 | Life Lessons | 5 Comments

Becoming rich takes time, but with the proper mindset and right strategies, you can become a millionaire in 10 years or less. And the earlier you start, the sooner you can actually become one. With that said, how can someone who is now in their 20s achieve wealth within a decade? If you’re a 20-year-old […]

How To Achieve Economic Success In The Music Industry

Published: April 16, 2017 | Guest Posts | No Comments

It’s no surprise that it’s difficult to be an artist. In a world that values science and technology more than anything, artists are often brushed to the side. Musicians have much less job security than other professionals, typically have a lower income, and don’t have the same pensions and benefit opportunities. With all this being […]

5 Important Tips for Starting a Rice Retailing Business (Bigasan)

Published: April 10, 2017 | Business | No Comments

In the Philippines where rice is eaten every day, starting a rice retailing business or bigasan makes a lot of sense. You have consumers who buy in great numbers and food establishments who order in bulk. Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand. And with […]

The Psychology of Investing: 9 Biases and Behavioral Mistakes You Must Avoid

Published: April 7, 2017 | Investing | 2 Comments

Author and financial expert, Dave Ramsey, claims that personal finance is 80% behavior and only 20% head knowledge. I agree. We can study and memorize all the theories and formulas in finance books but in the end, our actual financial decisions create the biggest impact on our cashflow. This is most especially evident on investing, […]

Investing on Dollar-Denominated Securities in the Philippine Stock Exchange

Published: April 5, 2017 | General Information, Investing | 1 Comment

The Philippine Stock Exchange will now be offering dollar-denominated securities for both traders and investors in the stock market. Here are the answers to the most frequently asked questions about this new type of financial instrument, as provided to me by the PSE press. What are Dollar-Denominated Securities? Dollar-Denominated Securities (DDS) are securities listed, traded, […]

Why Do Rich and Happy People Buy More Experiences Than Things?

Published: April 3, 2017 | Guest Posts, Inspirational | 1 Comment

Do you remember buying your first smart phone? You were probably ecstatic when you first held it. Fast-forward to a year after you bought it. Are you just as excited as before? Probably not. So why does our happiness from buying new things always fade? I may not know the answer, but there’s one thing […]

3 Valuable Tips To Remember When Buying IPO Stocks

Published: March 30, 2017 | Investing | 3 Comments

One exciting part of investing in the stock market is buying IPO stocks. An initial public offering (IPO) is when the shares or stock of a private company is offered to the public for the first time. Years ago, Puregold was just a low-key supermarket chain in the country. But after its IPO in October […]

Tips on Starting a Bakery Business in the Philippines

Published: March 29, 2017 | Business | 1 Comment

Bread is a staple food everywhere. In the Philippines, it is consumed as much as rice every day, especially during breakfast and merienda. Hence, starting a bakery business is a promising venture. And fortunately, it doesn’t require a lot of capital to put up your own panaderya in your local area. If you’re hoping to […]