We can’t avoid uncertainties. Life throws anything unexpected at our way as we live day to day. What happens when these unforeseen situations happen? How financially prepared are you to meet them? This is what the emergency fund is made for. It is an i...

Thinking of starting an account for your children? In the Philippines, banks are offering basic deposit accounts for kids. Primarily, they’re marketed to parents to open and invest in these accounts as soon as they’re able to for variety of r...

Who doesn’t want free stuff? Well, everyone loves anything that doesn’t come at a cost. And when it comes to credit cards, the same thing holds true. So in this article, we will talk about credit cards that are issued by banks with a very attractive ca...

We’ve covered the general rules and Philippine laws on picking your beneficiaries in an earlier article. But frankly, you are not expected to know them when buying life insurance in the Philippines. It’s for need-only basi...

How do you know that you need life insurance? When is the best time to get insured? What stage in your life should you buy life insurance? Whether you already have a policy or you are still thinking of getting one, these are questions&#1...

How much should you invest every month in order to earn ₱15 million in 20 years? This is a question that was posted on one of the Facebook groups, and I thought this is a really good question that is worth answering. You can actually use spre...

How do you actually start to managing your money the smart way? That is the question that this article is going to answer. This is part of a series of articles on Pinoy financial planning made easy, and if you haven’t already you can actually go and re...

Thinking of getting a credit card or already own one but don’t know what fees you’re paying? Well, you’re in luck. This article deep-dives into the fine prints of owning a credit card particularly on the topic of charges and fees. The goal is to unders...

In an earlier post, I strongly encouraged you to attend a free financial planning seminar. Whenever you’re invited, say yes. Attend and learn as much. Companies and groups in Cebu, Philippines can easily organize events and invite people to attend...

What do you want to get out life? How do you see yourself years from now? Who are the people who mean most to you and what can you do to spend quality time with them? In financial planning, these are important questions that must be at the heart o...

Aside from PESOLAB, what personal finance blogs you can follow right this minute?  These are websites that made it their mission to spread financial literacy to fellow Filipinos. They talk about topics such as how to make, save, borrow, grow ...

Prepaid cards are gaining more and more popularity. They’re easy to acquire and convenient to use. You can use them to pay in booking your flights, dining and shopping cashless, making purchases online, and buying tickets without the hassle of bac...

If you are thinking of investing by buying one, your question would be—how does it earn? In this post, I’m going to discuss the two ways a stock can earn an income for an investor like you. In What is a stock, I talked about the two types of a stock: c...

Are you looking in the market for the best checking accounts? This article compares what universal banks in the country are offering in terms of low opening balance, low maintaining balance, and high interest rates. What is a Checking Account? Checking...

Another common question I get a lot is, what is a stock? When I ask this question back, they seem to have heard of it but they can’t bring themselves to explain. A stock is written piece of proof that represents ownership of a company. I don’t mean bus...

What are the largest companies in the Philippines? I’ve talked about the stock index and how to earn from index funds, but there isn’t really a separate page that looks into the businesses that make up the Philippine Stock Exchange index (PSEi). This a...

How much do you need to start buying stocks from the Philippine Stock Exchange (PSE)? Is there a minimum amount when you invest? In this article, I’m going to answer these questions. More than that, I’ll try to explain why you should listen to long-tim...

One of the most common questions we get from our readers is how to get started investing in the stock market. And the short answer is, simply, get a stock broker. But we know there is more to it than just that. Thus, this article is going to talk ...

How many times have you asked, “Where did all my money go?” You’re not alone. According to studies, only 1 out 3 of Pinoys are tracking their expenses. This is not just good news. Those who do track their spending have better chances in being able to s...

In an earlier post, I strongly encouraged you to attend a free financial planning seminar. Whenever you’re invited, say yes. Attend and learn as much. Companies and groups in Cebu, Philippines can easily organize events and invite people to attend them...

Do you wish to become part-owners of airports, shopping malls, hospitals, tollways, warehouses, hotels, residential and commercial buildings, and other income-generating properties? Of course yes. All of us want to be part in the real estate business b...

Another year has ended. So how did unit investment trust funds or UITF perform? Indeed, the year 2020 is full of challenges. No doubt about that. Of course, as news from China of a mysterious illness that causes respiratory disease spread, the world ha...

Do you know there’s a chance to earn passive income through Pag-ibig or the Home Development Mutual Fund (HDMF)? It’s called MP2 or modified Pag-ibig savings program. When MP2 was launched in 2010, it’s been posting higher and tax-free dividend compare...

Pag-ibig MP2 or Modified Pag-ibig Savings Program 2 is one of the passive income in the market that’s open to almost anybody to invest. The way it earns is not hard to understand, and it is also relatively easy to start an account just by visiting the ...

In a separate article on Pagibig-MP2, a discussion on the many benefits of the program included its tax-free income, guaranteed capital, dividend options, and small starting capital for as low as P500. In a separate article, I’ve discussed how you can ...

Do you want to know term insurance products that are available in the Philippines today? Then, this article is a great place to start as we’re going to discuss FlexiProtect from AXA Philippines is the right fit for you. What is term...

Sometimes, a term insurance just doesn’t fit your needs. It only insures you for a specific period of time. For example, FlexiProtect from AXA Philippines can give temporary coverage for five years. However, if you want a life insurance that can cover ...

Are you worried of serious diseases? Does your family have suffer debilitating illnesses? Would you want to get a insurance and cover for critical conditions? HealthMax might be what you are looking for. HealthMax HealthMax is a whole life insurance of...

As a parent, you’re always concerned about your kid’s future. You want to give the best to them and help them prepare for the future through good education. But quality education does not come cheap. Similarly, you worry about their welfare when you di...

A preferred share, also called preferred stock, is just like any stock of a company. It represents part-ownership of the business, and people who acquire them have interest in its commercial success. As mentioned in the discussion on what is a stock an...