Posts under Personal Finance

Tips on How OFWs Can Get Out of Debt and Start Saving

Updated: June 18, 2017 | Personal Finance | No Comments

It’s so easy for Overseas Filipino Workers to get a personal loan, especially in the Middle East. And this has caused a lot of them to become buried in debt. To make things worse, a lot of OFWs borrow money just to buy unnecessary stuff. They purchase cars, new gadgets, luxury bags, flat screen TVs, […]

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5 Biggest Financial Mistakes that 50-Year-Olds Regret The Most

Published: May 19, 2017 | Life Lessons, Personal Finance | 4 Comments

I had the chance to talk to future retirees during a recent speaking engagement. Among the topics that we discussed were the biggest financial mistakes that they regret, now that they’re in their 50’s. Today, I’m sharing with you a few of their stories, which I hope you’ll find valuable. Read beyond their sentiments and […]

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8 Money Tasks Couples Must Do Before Getting Married

Published: May 10, 2017 | Personal Finance | 3 Comments

Getting married means more than just committing to love one another. It also means accepting the duty to work together as a team in tackling the financial obligations of the family. Talking about money is a must for engaged couples. Planning for a wedding is not as important as planning for your future, so don’t […]

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5 Tips on How to Motivate Yourself to Get Out of Debt

Published: May 3, 2017 | Guest Posts, Personal Finance | 1 Comment

The constant stress and overwhelming feeling, which debt burdens you with is painful and frustrating. Just having that weight off of your shoulders makes getting rid of debt, worth it. But there are also a lot of other rewards that come with becoming debt free. The trouble is that many of these rewards don’t appear […]

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Take this Simple Financial Literacy Test

Updated: April 26, 2017 | Personal Finance | 15 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 […]

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6 Ways To Do Retail Therapy Without Ruining Your Budget

Published: March 16, 2017 | Money Saving Tips, Personal Finance | 2 Comments

Retail therapy, otherwise known as shopping when you’re feeling down, is something that most people do. I can’t blame them because it actually works. Studies have shown that shopping can produce positive effects in a person’s mood. The psychological rewards of retail therapy can vary, but it is generally beneficial. Benefits of Doing Retail Therapy […]

Debt Consolidation Strategies: Tips on Paying Off Your Debts

Published: February 22, 2017 | Personal Finance | 1 Comment

Having debts can cause unnecessary stress. And when it’s not properly managed, all the worry and stress can strain your relationships, and even lead to health problems. That’s why it’s important to never let your debts go out of control. Or else, the compounding interests on your loans will drag your finances down in a […]

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How To Upgrade Your Lifestyle When You Start Earning More

Published: February 8, 2017 | Personal Finance | 2 Comments

A lot of people believe that if you want to have a secure financial future, then you have to sacrifice living a good life today. That instead of enjoying your salary and spending your money now, you need to save and invest, and live frugally. That is not entirely true. Because enjoying life today while […]

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Millionaire Calculator: How Long Will It Take You To Have a Million?

Published: January 25, 2017 | Personal Finance | 4 Comments

How long does it take to save one million? It’s a popular question among those who dreams of becoming rich. And today, I’ll give you a tool to calculate just that. Actually, it’s an Excel worksheet that you can play with to compute how many years it will take for you to become a millionaire. […]

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Are You Richer Than the Average Filipino?

Published: January 16, 2017 | In Focus, Personal Finance | 2 Comments

According to Credit Suisse’s Global Wealth Databook 2016, a Filipino adult has an average net worth of $9,878 in 2016. Using 1 USD = PHP 50 as exchange rate, that converts to a net worth of P493,900. This means that if you own a car or a real estate property, then you’re most probably richer […]

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