Posts tagged ‘Philippines’

New Estate Tax Rules Under TRAIN Law

Published: April 26, 2018 | General Information, Personal Finance | 6 Comments

Republic Act (RA) 10963 was signed into law last December 2017. This is more commonly known as TRAIN or the Tax Reform for Acceleration and Inclusion. Under the TRAIN Law, changes were introduced to the National Internal Revenue Code of 1997 (Tax Code). This had amendments on personal-income taxation, donor’s tax, value-added tax, and many […]

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The Scary Truth about Retirement in the Philippines

Updated: July 18, 2018 | Guest Posts, Personal Finance | 3 Comments

How do you imagine your life 30 to 40 years from now? Do you see yourself quitting your job and enjoying life? Or maybe, you haven’t given it much thought yet because retirement belongs to the distant future, and you have other priorities right now. Sorry to burst your bubble, but living your old age […]

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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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How To Drive an Uber and Make Money

Updated: July 3, 2017 | In Focus, Income Opps | 16 Comments

For a couple of years now, Uber drivers have been providing Pinoys an alternative way to commute. I’ve been an Uber rider since it came to the Philippines and I’m still a frequent rider until today. But Uber has also given Pinoys a new way to make money as one can apply and become an […]

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This Is How I Will Vote: Selecting The Best Presidential Candidate

Updated: March 23, 2016 | In Focus | 13 Comments

The candidate who will win this year’s presidential election will be the most influential person in the Philippines for the next six years. That’s why I’m doing my best to choose the most competent person for the position. Much like investing, I believe that one cannot simply rely on emotions and gut feel when selecting […]

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The Financial State of Filipinos: Q1 2014 Survey

Published: May 31, 2014 | News and Events, Personal Finance | No Comments

What’s the financial state of Filipinos for the first quarter of this year? According to a survey commissioned by Sun Life Philippines, and conducted by the Social Weather Station (SWS) – 9 out of 10 Filipinos had been short of cash for the past 12 months. The study involved 1,200 respondents sampled from the A […]

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Employees vs Professionals: Which One Pays More Taxes?

Updated: September 24, 2014 | Freelancing, Personal Finance | 22 Comments

I met with an accountant friend yesterday and one of the topics of our conversation was how much taxes employees and professionals pay in the Philippines. I listened intently to his explanation, and below is my best effort to share with you the surprising things I learned. — Meet Mr. Employee. He is a graphic […]

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Fundamental Analysis For Stock Traders Just Got Easier with the PSE Edge Portal

Updated: April 5, 2017 | News and Events | 1 Comment

Doing fundamental analysis is an important part of stock trading and investing. And for those who regularly buys and sells shares in the local market, the PSE or Philippine Stock Exchange has launched a new online disclosure and reporting system that traders and investors will surely find helpful. The PSE Edge Portal, located at http://edge.pse.com.ph […]

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Infographic: The Spending Habits of Filipinos

Published: October 18, 2013 | Personal Finance | 9 Comments

After years of “blind spending”, a friend has decided to finally track his expenses and create a monthly budget starting next month. I’m glad and excited for him because he did not wait for 2014 to work on his “New Year Resolution” to save more money. So, we were talking yesterday and he asked for […]

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How Financial Responsibilities Change The Way Filipinos Think and Act About Money

Published: September 21, 2013 | General Information, Personal Finance | 6 Comments

When I graduated from college and got my first job, I officially became financially independent. For almost ten years since that time, all my income was mine alone to spend on whatever I need and want. But then, I slowly realized that my parents have not fully prepared for their retirement, and time would soon […]

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Philippine Financial Literacy Advocacy Report 2013

Updated: September 21, 2013 | General Information | 2 Comments

Back in 2008, I published a special research on The State of Financial Literacy in the Philippines. Five years later, let’s take a look at what has changed since then. Below, I’ve embedded the Financial Literacy Advocacy Report (FLARe) of Sun Life Philippines when they did the Study of Lifestyles, Attitudes, and Relationships (SOLAR). And […]

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Fees and Charges When Buying A House In The Philippines

Published: June 27, 2013 | In Focus, Personal Finance | 6 Comments

One of the most popular financial goals of people, especially Filipinos, is to own a house. If you’re one of them, then you have to be “SMART” about this goal. What I mean to say is that, you cannot simply work for your dream house. You have to be more specific and define the amount […]

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Video: The Philippines Moves Forward

Published: January 5, 2013 | General Information | 2 Comments

It’s a great time to invest in the Philippines, do you agree? According to analysts, the Philippine economy is finally on an upswing, after over a decade of stagnancy – and now the country has a real potential to move forward and become an Asian tiger. Below is a business feature produced by the Asia […]

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Why Can’t The Government Just Print More Money To Solve Poverty?

Updated: December 13, 2017 | General Information | 17 Comments

A friend asked me this question and I thought it would be good to share the answer here. Honestly, I had the same concern a few years back and was able to immediately get the answer after a couple of searches online. But of course, I wouldn’t want you to leave this site so I’m […]

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