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: how to win the lottery, lottery, lotto, lotto jackpot, lotto results, pcso, Personal Finance, win the lotto, winning the lotto
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: lottery, lottery winner, lotto, lotto winner, Personal Finance, story of lotto winners, what to do if i mean the lottery
It’s important to have an emergency fund for unforeseen expenses, especially medical emergencies. Moreover, having life insurance also gives your family some financial security if ever something happens to you. Both are necessary for you and your family’s financial protection. But between the two, I recommend saving and building your emergency fund first. Because the […]
Tags: bank account, bank account with life insurance, BDO, bdo savings account with insurance, BPI, bpi save-up automatic savings + insurance, how to open bpi pamana account, insurance, life insurance, maybank, Personal Finance, pnb, savings account, security bank, security bank all access life insurance, security bank free life insurance, security bank savings account
Inflation is a normal part of our economic life. Prices of stuff will always go up. And its effect is minimal as long as our income is able to catch up. From 1992 until 2017, the annual inflation rates in the Philippines were between 1.4% to 9.8% for any given year. If you received a […]
Tags: beat inflation, cope with inflation, deal with inflation, hedge against inflation, inflation, Personal Finance
The 2017 World A/C demand was estimated to reach 110.56 million units in 2017, which showed an 8.1% increase over the previous year. The second-largest market for air conditioning units in the world was Asia, whose demand reached 17.30 million units. This isn’t that astounding considering that the coldest month in places such as the […]
Tags: ac, air conditioner, air conditioning, Guest Posts, Money Saving Tips, Personal Finance
What is it like to be debt-free? What does it take to live a debt-free lifestyle? Is it possible to become debt-free on a low income? For me, the biggest advantage of being debt-free is never having to worry about debt collectors. And consequently, avoiding the emotional distress caused by their constant calls and letters. […]
Tags: advantages of being debt free, being debt free can be costly, debt free definition, debt free lifestyle, debts, how to become debt free on a low income, Personal Finance, simple debt free living, what is debt free, what is it like to be debt free
Mobile phones have gone a long way. Before, people just use it to make calls and send text messages. But now, it has become an indispensable tool in today’s technology-driven society. People use mobile phones not just to talk and send messages to other people, but also to surf the Internet, send email, play games, […]
Tags: bank app, mobile apps, Personal Finance
Most people say that it’s important to create and follow a budget. Ironically, only a few can actually develop and properly manage one. One of the most common reasons, as I’ve observed, is that it’s time consuming and boring. Also, a few would claim that they’re not really good at numbers, so they can’t do […]
Tags: bare minimum living expenses, budget, consequences of not budgeting, consequences of not following a budget, disadvantages of not budgeting, how to budget, how to live life on a budget, how to live on nothing, living life without a budget, Personal Finance
In wealth circles, it is often mentioned that millionaires have an average of seven streams of income. This means they have around seven sources of cashflow. Think about your financial situation and ask yourself, how many sources of income do you have? If you’re like most people, then you probably have two. The first would […]
Tags: 7 streams of income, 7 types of income, income streams, multiple streams of income, passive income streams, Personal Finance, streams of income book, types of income
The other day, someone asked on Facebook: “Where should I put my emergency fund? I don’t want it just to be in a savings account because it’s not earning much there. Is there a better place to park it?” I browsed through the comments section and read a lot of horrible answers. When I say […]
Tags: emergency fund, invest emergency fund, Personal Finance, place for emergency fund, where to keep emergency fund, where to put emergency fund
Do your kids think ATMs dispense any amount of cash we want forever? Before they think you have an infinite source of money, your kids need to know how much hard work it takes to make money, and that it is not limitless. Introduce money lessons to your children and make it a fun learning […]
Tags: how to explain money to a child, how to teach your teenager the value of money, Personal Finance, teach kids value of money, teach your child the value of things, teaching kids about money, teaching preschoolers about money, teaching the value of money, understanding the value of money
Buying a car is a popular financial goal for Pinoys, especially for young urban professionals. And banks have made it easier to purchase one through car or auto loans. Just save up for the downpayment, then apply for a loan and pay the balance as installment for the next several years. In the corporate world, […]
Tags: average cost of owning a car per month, car ownership philippines, cars with lowest maintenance cost, cost of car ownership, hidden cost of owning a car, how much does a car cost in the philippines, how much is car maintenance per month, monthly car maintenance cost philippines, Personal Finance
Landing your first job after school, whether you left after high school or went on to University, is an exciting venture and an opportunity to grasp with both hands. Not only are you immersing yourself in the world of work for the first time, you’re also getting money, which is considered a huge perk. However, […]
Tags: Guest Posts, Personal Finance
An attendee of a personal finance workshop that I was conducting asked, “How do we avoid spending during a mall sale?” “Don’t go to the mall when there’s a sale,” was my instant answer. “But I can’t avoid the mall, that’s where I pass by when I go to work and on my way home,” […]
Tags: avoid impulse buying, causes of impulse buying, how to control impulse spending, how to stop impulse buying, impulse buying, Personal Finance, prevent impulse buying
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