Posts under Personal Finance

Tips To Manage Your Debts and Loans

Published: January 21, 2019 | Personal Finance | 1 Comment

Debts and loans can be a good friend, who provides financial leverage and helps you in times of need. But it can also be an evil enemy, who cripples your budget and brings financial stress. More often than not, it’s how we manage our debts and loans that determines which of the two will come […]

Tags: , , , ,

3 Practical Tips on Digital Banking To Help Improve Your Financial Habits

Updated: January 21, 2019 | Personal Finance | 3 Comments

I was logging my week’s expenses on Excel the other day when I suddenly realized that I’ve been doing a lot of cashless spending. I use my credit card to gas up my car, which has an RFID Electronic Toll Collection (ETC) tag for when I drive along SLEX. For my meals, I pay with […]

Tags: , , ,

7 Great Christmas Gift Ideas When You Don’t Know What to Give

Published: December 12, 2018 | Personal Finance | No Comments

Christmas is a season for gift-giving. And as much as it’s exciting to receive gifts, it’s also a bit disappointing when you get a present that you don’t really like. Do you agree? That’s why in giving presents, it’s important to get something that the receiver will appreciate. It could be something we know that […]

Tags: , , , , ,

How to Control Your Spending with a “Do-Not-Buy” List

Published: December 7, 2018 | Money Saving Tips, Personal Finance | No Comments

Lists are great. It helps us become more organized, and writing down lists keeps us from constantly remembering things. We create “To-Do” lists to help us remember important tasks. Meanwhile, a “To-Buy” list when going to the grocery, helps us remember all the important stuff we need to purchase. Years ago, I wrote about the […]

Tags: , , , ,

How to Know If You Can Afford to Buy a Car

Published: November 29, 2018 | Personal Finance | 1 Comment

Having a car is convenient, especially if you have a mobile lifestyle. It becomes especially useful if you do a lot of field work. If you have kids, then having a car makes it easier to bring and fetch them at their school. But also, owning a car helps when you need to travel with […]

Tags: , , , , , , , , , ,

10 Common Life Events That Require an Emergency Fund

Published: November 13, 2018 | Personal Finance | 1 Comment

Everyone needs an emergency fund, which should be at least 6 months worth of your monthly expenses. That is, if you spend P30,000 a month, then your emergency fund should amount to P180,000 (or even a little higher). A lot of people find it hard to save that much money. They’ll be able to save […]

Tags: , , , , , , ,

Is It Smart To Borrow Money to Invest in the Stock Market?

Published: November 6, 2018 | Investing, Personal Finance | 1 Comment

A friend asked me if it’s a good idea to take out a personal loan and then use the money to invest in the stock market. He shares that he can borrow money at 1.2% interest from his bank. And since the stock market earns more than that, then he can pay for the loan […]

Tags: , , , , , , , , ,

If You Did Not Win The Lotto, Here’s What You Need To Do Next

Published: October 15, 2018 | Personal Finance | 1 Comment

You checked the winning lotto numbers, and realized that you did not win. For a few minutes, you hope that nobody won the huge jackpot so you can play again in the next draw. Unfortunately, it was shortly announced in the news that someone got all six numbers. And in an instant, the record-breaking lottery […]

Tags: , , , , , , , ,

If I Won P700 Million in the Lotto, then I Will Stop Investing and Here’s Why

Published: September 26, 2018 | Personal Finance | 4 Comments

The Philippine Ultra Lotto jackpot has reached the P700 million mark. As of writing this article, it’s actually now P734 million. This fact has inspired a lot of friends to daydream on what they’ll do if they won the lotto jackpot. And one of them shared this answer: [If I won the lotto, I would] […]

Tags: , , , , , ,