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The latest and the best financial news, tips and tricks.

Moneymax’s Parent Company, CompareAsiaGroup, Raises $20M in Experian-led Series B1 Investment

CompareAsiaGroup, Moneymax’s parent company, welcomes Experian as a new investor, leading the latest US$20 million first close of our Series B1 round of funding alongside a strategic partnership. What is Experian? Experian is the world’s leading global information services company. They empower consumers and their clients manage data with confidence. They help individuals to take […]

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Invest in Yourself: 26 Free Online Courses You Can Take in the Philippines

This article was originally published on November 22, 2017 and was updated on October 11, 2019. Online courses allow you to develop new skills (or enhance existing ones) in your free time, at your own pace, and anywhere. Whether it’s for finding a job, advancing your career, starting a business, or simply learning something new, […]

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22 Savings Accounts in the Philippines with Low Maintaining Balance

The Philippines is still a largely unbanked country. Data from the latest Bangko Sentral ng Pilipinas financial inclusion survey show that 77% or 52.8 million adults don’t put their money in a formal bank account. Out of those who are unbanked, 60% said they didn’t open an account due to lack of money. This is […]

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12 Credit Card Fees in the Philippines to Watch Out For

This article was originally published on March 5, 2018 and was updated on October 9, 2019. “Having a credit card is expensive and often leads to unmanageable debt.” Agree or disagree? This is a common concern—and a big misconception—of the average Filipino about owning a plastic card. But credit cards don’t deserve such a bad […]

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10 Sulit Smartphones Under P15,000 in the Philippines

This article was originally published on November 17, 2018 and was updated on October 8, 2019. Need a new smartphone but short on budget? Want to get a budget mobile phone for a loved one? With so many choices in the market, it’s hard to pick a good mobile phone that provides the perfect balance […]

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Cars for Sale in the Philippines: Top Places to Score New Wheels

Buying your first car is an exciting yet overwhelming experience. There are plenty of decisions to make. Should I buy a brand-new or used car? What’s the right model for me? How will I finance a car purchase? And of course, the most important questions you should be asking yourself are: Where do I find […]

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Postal ID Application in the Philippines: Everything You Need to Know

This article was originally published on October 10, 2018 and was updated on October 4, 2019. Got rejected for a bank or government service because you lack a valid ID? Don’t worry. There’s a quick and convenient way to get a valid ID: apply for a postal ID issued by Philippine Postal Corporation (PHLPost). The […]

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Top Holiday Destinations to Visit This Ber Month Season

This article was originally published on September 7, 2018 and was updated on October 2, 2019. The ber months have finally arrived! That means malls will start playing Jose Mari Chan’s greatest hits, employees will start receiving their 13th month pay, and newscasts will start their holiday countdowns. Yes, the holiday cheers aren’t hard to […]

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Personal Loan Myths in the Philippines You Should Stop Believing

Think everything you hear about personal loans is true? Filipinos have this irrational fear about loans because of what they hear from other people. Believing in personal loan myths could lead to missed opportunities for achieving goals like starting a business or funding your graduate studies. In itself, borrowing money from reputable financial institutions is […]

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Is Getting Travel Insurance Worth It?

Travel insurance is usually not a priority during travel planning. You’re reminded of it only when the airline tries to sell you one as you book your flight, or when it’s required for your visa application. You wonder: “Do I really have to buy travel insurance? Or is it just an unnecessary expense?” Some travelers […]

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Fully Paid Car Loan? Here’s What You Should Do Next

This article was originally published on November 18, 2014 and was updated on September 30, 2019. So, you’ve finished paying the monthly amortizations for your car loan. You’re probably wondering what will happen at the end of your auto loan term. Most people think that after paying off a car loan in the Philippines, the […]

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Payday Promos: Early Holiday Deals for September 2019

Got no gifts yet for your family, friends, officemates, and inaanak? Start your holiday shopping as early as September! Whip up your Christmas shopping list and find stores that let you save money instead of burning a hole in your pocket. We curated the best payday promos for September 2019 that offer discounts, freebies, and […]

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10 Steps to Starting Your Own Buy and Sell Business

A buy and sell business is one of the easiest and cheapest small business ideas in the Philippines. You don’t need a business-related degree (though having one is an advantage) and large capital. Anyone—even college students, stay-at-home mothers, and inexperienced people—can start this kind of business for as low as PHP 10,000. Buy and sell […]

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Credit Card Balance Transfer: 8 Things Cardholders Need to Know

Credit card balance transfer is a promising yet lesser-known way to pay down debt. Rather than let your outstanding balances stay unpaid for months and continue to accumulate debt, you transfer them to a new credit card with a lower interest rate from the same bank or a different one. That’s essentially how balance transfer […]

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How to Invest in Stocks for Beginners (Even with Little Money)

Before, the stereotype of stock market investors was like this: executives in their 50s to 60s earning a substantial salary and having millions of pesos for investments. But times have changed. The 2018 Stock Market Investor Profile report of the Philippine Stock Exchange (PSE) notes that nearly two-thirds of those who invest in stocks nowadays […]

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Car Insurance Companies: Where to Buy a Car Insurance Policy in the Philippines

Car insurance should offer more protection beyond the coverage of the mandatory CTPL. That’s where car insurance companies come in. In order to get the right coverage for your vehicle, you have to take note of all the options you have. And part of that is familiarizing yourself with all the car insurance companies in […]

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Police Clearance Online Application Guide for Filipinos

Need a police clearance for local employment? The Philippine National Police (PNP) has recently implemented a new and faster way for Filipinos to secure this document, which is through an online application. Keep reading to know how you can get a police clearance in the Philippines without any hassle. What is Police Clearance? The National […]

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Negative Filipino Traits That Affect Our Everyday Finances

There’s a reason why the Philippines is considered a third-world country. According to a statistics report from the Asian Development Bank, 21.6% of Filipinos live below the national poverty line. While there are legitimate reasons why we remain a poor country (corruption, politics, natural disasters, etc.), we also have to look into our Filipino traits […]

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Best Credit Cards for Gadget Shopping in the Philippines

The ber month season is here, and so is the mad rush for holiday gift shopping. If you plan to buy anything tech this year, you might already be anticipating how complicated it can be. Paying in cash for large purchases is great, but it would take months (or even years) to save up for […]

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[Battle of the Brands] Netflix vs iflix: Which Online Streaming Service is Better?

Which video streaming platform is worth your money and viewing attention—Netflix or iflix? iflix entered the Philippines in 2015. With over 15 million subscribers, iflix brands itself as the world’s leading entertainment service for emerging markets. Then came Netflix Philippines a year later. Now, it has grown to over 151 million paying streaming subscribers worldwide […]

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How Much Does Honda Car Insurance Cost in the Philippines?

Wondering how much it will cost you to insure a Honda car? You’ll be glad to know that Honda car insurance prices in the Philippines are budget-friendly, especially the entry-level hatchback and sedan models. Insuring a Honda model starts at only around PHP 10,000 per year. Here are the cheapest Honda car insurance prices for […]

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