All Articles With Category : Lifestyle

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

6 Ways Parents Can Save Money on Newborn Expenses

Who doesn’t love babies? Most especially, if you’re the parent – you have never-ending thoughts of giving your child only the best in the world. Giving your baby all the best things in life can mean big spending (especially after birth expenses). Let’s get back to basics and do a checklist on how to enjoy the baby without giving your pocket a heartache: Table of Contents1. Accept hand-me-downs.2. Buy second-hand items.3. Master Doing-it-Yourself (DIY).4. Don’t stick to branded items.5. Buy in bulk. 1. Accept hand-me-downs. Talk to your fellow mommas about their child’s clothes. Babies grow up so fast that they only wear their baby dresses at the maximum of six months, use their walkers for around three months, their high chairs, cribs, strollers and playpens for less than a year. Accept baby items such as clothes, toys, and some gears from relatives and friends to cut your expenses. 2. Buy second-hand items. Buy baby items that are still in their great condition and remember not to buy items only because it is economical. Check if the items are clean and still hygienic for usage. 3. Master Doing-it-Yourself (DIY). You don’t have to spend or allocate a budget for random baby items such as baby wipes, changing pads, and door stoppers because it can be done by yourself to save money. For example, prepare cotton or cotton balls soaked in water and use it as baby wipes when you’re at home. Use cloth diapers and save diapers when you and the baby are out-of-home. On food, it’s healthier and cheaper…

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Why Most PH Politicians are Rich

While our country is in the midst of political transformation by eliminating corrupt leaders, let’s all be rational and stop overly criticizing the individuals who won the majority of our votes during the previous elections. Just because most of them are rich doesn’t mean all of them are corrupt. Come on, all accused are innocent until proven guilty. (Besides, there are some congress leaders who are average Juans with financial figures that are incommensurate to their ages and expertise.) Here are five reasons why we think Pinoy politicians are rich: Table of ContentsInheritanceBusinessConjugal RightsEntertainment IndustryIll-Gotten Wealth Inheritance Since most of our political leaders are from the elite class, there’s no doubt that the majority of them inherited large sums of money, properties, and other high-value assets. Coming from a wealthy family almost completely guarantees lifelong financial security and comfort that is quite difficult to reach after a few years in the office. If you try to analyze the behavior of the electorate, the majority of Pinoys vote a candidate based on popularity and wealth. It’s like a competition between the elites and the commons. Whoever has the most money, air time for ads, and giveaways during the campaign period is most likely to be elected. Now, the question that some of us have been begging to ask is: Why are most people questioning the fact that we have a lot of rich politicians? Business They have businesses and not all are monkey businesses. Before some of them ran for office, they already have existing legitimate businesses that have been a…

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Nielsen: Internet Penetration in the PH doubled

Fifty-two percent of the Filipino population can now access the internet, almost doubled from 27% in 2010, according to the Nielsen Pinoy Netizen. Read More: Centralized Credit Database in PH by 2016 This is primarily because of the boom in mobile phone technology where one can access the web a lot easier. “As mobile penetration rises and getting online becomes easier than ever, consumers are staying online for increasing lengths of time,” said Stuart Jamieson, managing director of Nielsen Philippines. The report also stated that around 33 percent said they spent more than two hours a day online. “Filipinos are demanding fast, convenient and on-the-go access to the Internet,” Jamieson said. “Mobile devices are effectively addressing this demand, and as a result, Web users are migrating away from traditional PCs to connected devices as a means of accessing information online.” 95% of these Filipinos access Internet at home visiting social networking sites while 44% play online games. At the bottom end of the poll are watching TV programs (8%) and instant messaging (16%). People who read this also liked: How to Conserve Your Internet Data Bandwidth Usage

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#KidsTheseDays

There are no concrete age brackets when it comes to generations in our society, but we know that kids these days show different sets of values, behavior and their overall well-being. Maybe it’s because of the endless technological advancements, or it could also be about early social awareness or political liberalization. Whatever the reason may be, it is evident that kids these days, also known as the Generation Z, are more exposed (or not) to a more laid-back lifestyle and technology oriented human interaction, as compared to the previous ones in the alphabet. Here are some scenarios: Table of Contents#KidsTheseDays are less creative and resourceful.#KidsTheseDays are less sensible about money.#KidsTheseDays barely experience actually being ‘together’#KidsTheseDays don’t know a pound sign… guess what they call it?#KidsTheseDays want to grow up so fast. #KidsTheseDays are less creative and resourceful. Consider a school project: Before, because of the unavailability of enough resources like Internet, students tend to do thorough research on every project. Today, since almost all households in the Philippines have their own Internet connection at home, most research being done by students are through online resources. #KidsTheseDays are less sensible about money. Kids of today prefer an allowance than having a real packed lunch to school. Today, more children believe that credit cards are ‘unlimited money’ virtually kept inside a plastic card. Definitely, kids these days have lesser value for savings and hard-earned-money which could be because of the opportunities (and distractions) right in front of them. #KidsTheseDays barely experience actually being ‘together’ If you have the time in the world to actually talk…

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4 Important Lessons You Will Never Learn from School

One of the biggest responsibilities of parents is to give their child a proper education. In the regular Philippine setting, children are expected to attend school and be good to be able to get a decent job. But guess what? After 15 or more years of studying (and actually being good at it), there are more important things you will never learn from the four corners of your classroom. Table of ContentsIt’s okay to be wrong.Managing your finances.Your teacher is not the worst person.Your network is a key to greater thingsFinal Thoughts It’s okay to be wrong. In school, our performance and grades are based on how many correct answers we’d get in an exam, how many times we answered a recitation correctly and how we do our school projects. When you graduate from school, life will tell you that when you commit mistakes, you are more open to the possibility of making things better. The more mistakes you get, the better person you will become by actually learning from it. Committing mistakes will allow you to experience more in life. Managing your finances. When you’re still studying, most of us still live with our parents. Thus, we don’t need to worry about paying utility bills, we know nothing about budgeting money for food because usually our parents will just let you eat (which you resist most of the time) and we have not managed your allowance because you get it every time from your parents. The big challenge is when you get your first pay. It’s going to be your money…

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Top Celebrities’ Financial Nightmares

You may think that these top celebrities have fewer worries in terms of their finances, but since they own more money than most of us, they have more to spare – and more to lose. Here are top celebrities that have their own share of financial nightmares: Table of Contents1. Janice Dickinson2. Kelly Rutherford3. Nora Aunor4. Nadya Suleman5. Luisito Espinosa6. Manny Pacquiao7. Nicolas Cage8. Courtney Love9. Anne Curtis10. Willie Revillame 1. Janice Dickinson Known as the first supermodel in the world, Janice Dickinson was most popular  in the 70′s and 80′s. She remained pretty much active with her memorable stints for America’s Next Top Model and The Janice Dickinson Modeling Agency.  Her frequent visits to plastic surgeons and dermatologists took a toll on her as she raked in a lot of financial liabilities, which includes dues to her landlord and the IRS. Dickinson filed for bankruptcy in early 2013.   2. Kelly Rutherford After her divorce from her German husband, Kelly Rutherford saw her financial crumble soon after a court ruled that their kids should live in France with their father, and the Gossip Girl actress must travel to visit them. Rutherford filed for bankruptcy because of debts amounting to $2 million that was primarily due to her divorce and custody dispute.   3. Nora Aunor According to showbiz insiders, Nora Aunor, one of the soon-to-be proclaimed Philippine National Artists, lost a huge percentage of her earnings when she produced movies in the ‘70s. There are also reports that the superstar encountered a lot of financial woes during her long stay in…

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The Pros & Cons of a Working vs. Stay-at-Home Mom

There are different types of mothers in the world. Some may be touchy caring, some may not seem to care more than traditional, and some show their love by working too hard and almost always not around. Nevertheless, every mom is considered amazing in everything she does for her children. Read More: Back-to-School Guide for Mommies Here are scenarios from the never-ending battle between working moms and stay-at-home moms: Table of ContentsWorking MomStay-at-Home MomBottom line Working Mom There’s an unwritten rule that women today should study hard to land a decent work to earn good money while pursuing a vibrant career; marry a good-looking, well-off man, produce healthy babies, raise them in full potential and above all that, still be awesome in the process. Where’s the pressure? Most of the time, people judge her of self-centeredness – prioritizing her career over personally taking care of the kids. If all things are perfect for a certain woman, she will surely take a vacation from work or even stop working, stay at home and be with her children all the while so she could take better care of them, hands-on – but that’s not the case for everyone. Most mothers just need to work for more income channels in the household. Because of that, having a full-time job is much more of a necessity because of financial hurdles and not a choice for most mothers. Time is the most important and complex part of being a working mom. If she is into the 9-6 kind of job, spending quality time with her kids before…

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How to Avoid Being Broke

Making your financial situation under control is like finding the right balance in your life. And as any other things that life throws at us, finances doesn’t come as the easiest and most convenient to manage. There always comes a time wherein you’d get broke and cash-strapped and you have no other option but to borrow money. Read More: 5 Mistakes You Will Regret in Your Lifetime We know it’s easier said than done, but it’s better for you to be reminded on how to avoid pitfalls that will make you suffer financially: Table of Contents1. Re-align your mindset.2. Modifying your lifestyle.3. Manage debt wisely. 1. Re-align your mindset. The most important factor to recover from an awful situation is to change your mindset. If you keep on instilling in yourself that it’s hard for you to recuperate – that you don’t want to change your situation – it will really be hard for you. Be positive about your situation plus have a corresponding plan and action points to back it up. Worrying can only attract more negativity and will lead you to nothing. 2. Modifying your lifestyle. The golden rule about saving is to spend within your means – it is the direct reason why people get broke. Here are some scenarios: A high cost of living – this means your home and all your utility bills. Experts say that you should only spend around a one-third of your income on these kinds of expenses. If you’re spending more now, try to make some changes by finding a roommate, or…

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5 Golden Rules Before Using Your Savings

Most people spend their entire lives making ends meet, doing backbreaking work, and sacrificing the smallest of comforts to pay dues and to save money. In other words, people commit to a life of toil to fulfill obligations and to avail themselves of a secure future. Read More: When to Spend, When to Save Perhaps, the majority of the global population associate having a secure future with having enough money. But what comes next after accumulating a decent (or excessive) amount in the bank? Are you saving so you can spend it in one transaction or you’re still uncertain how you should spend it? Here are five golden rules to make sure that every cent is worth spending: Table of Contents#1. Write your bucket list#2. Think long-term#3. Live one day at a time#4. Indulge responsibly#5. Create good memories #1. Write your bucket list Having a bucket list is essentially having a more meaningful direction in life. You can list down 101 or 1001 items. Make your own rules. Reflect on what you’ve always wanted or what you want to overcome. Start your own family, learn a new language, build a shelter for the homeless, donate for the preservation of a heritage site, go on an African Safari adventure, discover the birthplace of Renaissance, or visit all 7,107 islands of the Philippines. Use your hard-earned cash to reward yourself with precious items and priceless moments. Each item on your bucket list is the other thing that you want to do for personal fulfillment. #2. Think long-term If you’re planning to spend a significant…

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5 Mistakes You Will Regret in Your Lifetime

Life is short as they say and as much as possible, we all want to make it positive and worth-living. At that, we didn’t mean a life that is something perfect and flawless but a life filled with lessons and moments to cherish for a lifetime. Committing mistakes is essential for us to experience and appreciate bigger things. Things will never be the same as it is for you now if you did not go wrong at some point in your life. BUT, some mistakes are purely mistakes and surely unavoidable. Here are some: Table of Contents1. Settling on a ‘secured’ job2. Not travelling3. Giving up on love4. Wasting time5 Not taking risks 1. Settling on a ‘secured’ job All of us have different kinds of need when it comes to employment. Common Filipinos work for money, some wants to be employed for compliance with the rules of society to be employed, while some choose to be employed for self-fulfilment. If you’re going to observe, the common scenario in a usual office setting is: going to work, lunch, snack, and then, go home – every day – doing the same thing. Some don’t mind this kind of setting as long as they’re earning – that’s wrong – because you’ll easily get tired of what you’re doing. You will not enjoy the job and worse, it’s harder to be productive. Don’t settle for this, because it has no long-term effect in your existence and self-appreciation. Don’t you like a job that will give you the power to change something? 2. Not…

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5 Signs You’re a Poor Financial Decision-Maker

What behold our future are our present deeds and accomplishments. If we do something good today, we can earn something great after, and otherwise if you do the opposite – that’s the basic rule of life. In terms of finances, no one likes to feel hopeless in money – the feeling of wanting something but you know in yourself that you can’t afford it. No one wants to be poor if we all have a choice, but our habits can lead us to the other end of our goal. Here are signs that it’s going to be hard for you to recover from debt: Table of Contents1. No Financial Goals2. Awful Spending3. Prioritizing a “Wealthy Image’4. Preferring Shortcuts5. Lacking of Emergency Funds 1. No Financial Goals A solid plan is a good strategy if you really need to achieve something. You need goals and steps to be able to have something to look forward to and track in the process. It’s hard to craft any workable plan without a specific goal, and it’s impossible to achieve any goal without a logical plan. A plan and a goal give you direction and the lack of it can either make no changes to your financial state OR make it situation worse. Choose. 2. Awful Spending Shopping is fine as long as you have the capacity to pay. Impulsive buying has something to do with handling your emotions plus finances. When you think you’re one of these impulsive buyers, it’s the best time to you take a look at your habits because if…

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Bench MasterCard Celebrates 2nd Anniversary with a Free Shopping Spree

BDO Unibank, Inc., Suyen Corp. and MasterCard Philippines celebrates Bench MasterCard’s second anniversary with a promo open to all qualified Bench MasterCard cardholders. Win a “Shop-All-You-Can” experience in Suyen Corp.’s homegrown and international brands: Bench, Bench/ Body, Herbench, Human, Charles & Keith, The Face Shop, La Senza, Pedro, American Eagle, Cotton On, Cotton On Kids, F&X, Aldo, Kashieca and Vera Moda. The first Bench MasterCard anniversary last year was a success, so there’s this repeat of the promo but this time, more exciting. The grand prize winners get to enjoy the ultimate shopping spree experience without spending anything and with more stores to choose from. Last May 28, the Cebu leg took place at the Bench store in SM City Cebu. The lucky grand prize winner was Albert Rivera who chose to shop in Aldo and Bench stores. He was able to shop a total of P 152,715.25 in a one-minute shopping spree. The 10 consolation prize winners also got the chance to shop for worth P10,000 each in 30 seconds. Bench MasterCard’s Exclusive Perks and Privileges: Double Rewards Program at Bench and partner stores nationwide Free Cash Coupons for every 100 points Perpetual Zero (0%) Installment for 3 and 6 months Special Invitation to Exclusive Events Priority Access to Sale Events Special Birthday Discount Worldwide Acceptance

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Real-Life Stories: The Curse of Internet Speed in PH

According to the latest Net index report of Ookla, an Internet broadband testing company, the Philippines has one of the slowest connections in the world, ranking 158th out of 190 countries worldwide in terms of Internet speed. Is it really that bad? There’s no better way to capture the inconveniences that slow Internet brings us more than firsthand experience. Below are real stories from individuals who have experienced the burdensome broadband speed in the country. Josyn Palma, 25 When I was working for an NGO that links students in Metro Manila and Mindanao for dialogues on peace and the peace process in Southern Philippines, we would always give lectures and classroom video conferences. To do this, we need a good Internet connection which would affect how the classes would go and whether we could have classes at all. We’d have the kids in Mindanao all assembled (some would have to take a bus to the area). There were times when the Internet in Manila would be dead, so we couldn’t connect to Skype and couldn’t have the classroom video conferences, and this would happen right as we were going to start the CVCs. Peter Noszek, 23 Since I am working in the Philippines and my family is living in Switzerland, we always try to find a time for a video call so we can catch up. It’s hard enough to get a time when you are both free because of busy schedules and time difference. However, the slow Internet connection makes the distance even harder to cope with. The video…

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SkyCable Forms SkyBiz for Corporate Clients

SkyCable Corporation, one of the leading cable TV providers brings SkyBiz. It’s main focus is on the advanced fiber-optic infrastructure of broadband services to capture the corporate market and the growing SMEs. According to SkyBiz head Jon Arayata, the vision is to capture the growing market in the country which is timely.  “The enterprise data market is around P30 billion and most of it come from multi-national companies.” He noted the Philippines is moving towards the so-called fiber-to-the-home broadband connections technology. “Fiber-to-the-home in the US is already a widespread service and we’re also heading there. What we’re trying to do now is extend our fiber reach near to the customer premise,”Arayata said. SkyBiz also introduced its cloud Wi-fi solution that provides a hot spot that can be accessed from several devices without the need to plug into an Ethernet cable. SkyCable’s solid infrastructure will empower the advance fiber optics in its cable lines which allows it to provide the same stable connection and high-speed internet access 24/7. It covers the whole Metro Manila and even extends to Cavite, Laguna, and Bulacan where it also has cable operations. “We’ve also been getting cable companies in Cebu, Davao, Bacolod, and Baguio,” according to Dinky Liwanag SkyBiz’ Head of Sales. “We want to ensure that you, your business, your employees and your customers remain satisfied and happy,” Jon Arayata, head of SkyBiz, said.

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Retirement Mistakes Pinoys Always Commit

Sadly, there are these Filipino mistakes and myths about personal and household financial management that dictate how we live our lives and raise our children. But don’t fret, because as long as you have the luxury of time, there’s something workable about your situation. The problem is that most of us today don’t prioritize retirement planning at all. Here are some mistakes Pinoys always commit when it comes to retirement: Table of ContentsDependence on relativesRetirement ageRelying on Government/Company retirement package alone Dependence on relatives Have you heard “Anak, mag-aral ka ng mabuti, para ‘pag nagtrabaho ka na, ikaw na ang bahala sa amin.” It’s not a bad thing when you’re children and relatives give you money when you retire, it’s not even bad to ask. However, the issue about it is that it’s not good and healthy, either. Most Filipinos believe that when you raise your children – feed them, give them the best education or protect them from any harm – they are obliged to pay you back someday. Parents raise their child because it’s their responsibilities to do so that goes along with children’s right to be sheltered, fed, and given the opportunities in life. Your children are your obligations, not your investment where you can expect returns. This doesn’t mean, though, that you should ignore your parents when you’ve reached your point of success or even when you’re already earning a decent income. It’s a pride and joy to give your parents something as their reward for their hard work on nurturing you – there’s never wrong…

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Back-to-School Guide for Mommies

Parents and students, after more or less two months of summer break, the school year is here. Apart from the forthcoming and seemingly-never-ending school expenses, the daily morning battle of waking up earlier than summer mornings, longer and tiring days, nights of re-learning general education, and a whole lot more is on again. Nothing beats a well-planned groundwork for the coming school season. Here are saving tips and survival guide for the awesome-st person in the household: Table of ContentsRecycle as much as possible.Spend more if needed.Make a ‘Baon’ plan.Prepare for the rainy days.Put names.Excite them with hand-me-downs.Make do of the ‘transition week’.Make the first day memorable. Recycle as much as possible. Some school bags, shoes, uniforms and a lot more can surely last more than a year. Cut your expenses with these things that you think your kids can use again. Some of these may not be 100% in their best condition but for sure, it can still be usable as it is when you bought it. As much as possible, try to make use of school supplies used last year for this school year. Re-train yourself on sewing, pasting, sticking things and bigger savings will surely come and could be allocated to other important things. Spend more if needed. Cheapest is not always the best deal available. Recycling is important as it directly saves your money but sometimes, moms should know when to pay more to save more later on. For instance, buying quality goods like shoes can spare you from buying another in the middle of the…

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6 Most Fulfilling Jobs in the World

To some people, their job is their life. They don’t necessarily need to get paid six-digit figure salaries, but still enjoy their line of work. Sometimes, these people work as volunteers, working for the love of the job instead of for the money. These are the kinds of people who are worth looking up to, who are role models, and who serve as an inspiration. The jobs they are in don’t necessarily reward them with riches and luxuries, but they are rewarded with something beyond the materialistic. Table of Contents1. Red Cross Volunteer2. UNICEF Ambassador3. Social Worker4. Teacher5. Environmentalist6. Human Rights Officer 1. Red Cross Volunteer Red Cross volunteers work part time or full time and are often sent to places in their home country or around the world. They receive training for first aid and other important skills for rescue and relief. Most Red Cross volunteers agree that their job gives them the greatest satisfaction when they’re able to make a difference and are able to help out people in need. 2. UNICEF Ambassador It may not be easy to become a UNICEF Goodwill Ambassador, but working for UNICEF itself is fulfilling already. Those who work with UNICEF may have a long-term or short-term occupation involving education, nutrition, or medicine, all of which are geared towards improving the lives of children around the world. A lot of UNICEF workers find the job challenging, but extremely satisfying. How can it not be? You see the smiles of children at the end of the day; that in itself is a fulfilling…

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Should You Lend Money to Friends?

The short answer is “Yes, if you can.” However, be mindful of the following consequences. When a friend or a family member needs to borrow money from you, the feeling can be overwhelming especially if you know that you can help. But if things do not go as planned; payments are delayed and when you simply cannot get your money back, your relationship with that person might be at risk. Lending money to friends can be unmanageable and cumbersome. If they come to you now to borrow money, here’s what you should do: Table of ContentsAsk if they need your helpOffer alternativesBe mutually clear about your termsUse your head – and your heartDon’t let others knowThink of it as a gift Ask if they need your help It took them a lot of pride to come to you even if you’re friends and related to each other. It will take them even more pride to ask. You don’t like more of that so take the chance to ask what they need. Be sure that there is a sense of necessity and urgency in the situation. Offer alternatives As much as possible, don’t lend money. Instead, come up with a great alternative like a legwork to something or some groceries, depending on what they need. You can also provide them with income generating opportunities that you know of. Explain the burden of having a loan. Be mutually clear about your terms Now, if you’re left with no other choice but to lend, treat it as a formal business transaction. Do not…

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Recto’s Bill Seeks Free Wi-Fi Access in the Metro

  Senate President Pro Tempore Ralph Recto proposes Senate Bill No. 2232 or the “Free Metro Manila Wifi Act of 2014″ a free public Wi-Fi in all government buildings and parks, national roads, tollways and expressways, public transport terminals and mass rail transit stations in Metro Manila. The Senate bill seeks to direct the Information and Communications Technology Office under the Department of Science and Technology to ensure free Wi-Fi service in the country’s capital region “to build an innovative, progressive, and rapidly digitizing economy.” “Connectivity to the Internet will enhance business growth opportunities and will assure citizens in NCR ease of sourcing timely information at the click of a button,” Recto said. It also gives more opportunities to the under-privileged in terms of technology to access more information they need. Proposed Areas with Wi-Fi Access: All national and local government offices Public health services and hospitals Public elementary and high schools, and state colleges and universities Ninoy Aquino International Airport (Terminals I, II, III and IV) Public libraries Tollways and expressways Epifanio de los Santos Avenue (EDSA) and other national roads Public transport terminals Port of Manila Mass rail transit stations (LRT Line 1, MRT Line 2, MRT Line 3, and PNR south rail) The bill also wants to tap the existing commercial Internet service providers to provide the free public Wi-Fi for the meantime until a national broadband system is installed. What are your thoughts about this? Do you think this bill is possible in the Metro? Are you going to benefit from it?

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Avoid Overspending While Traveling With These Tips

When traveling, one must expect to spend a lot of money. Even if a budget is set, there are still many little things travelers are tempted to splurge on, including pasalubong, lavish dinners, and outdoor activities. Don’t let this be the case this season. Travel and stick to your budget to avoid debt and other financial problems. Here are some ways to avoid overspending during your travels. Table of Contents1. Transportation2. Accommodation3. Food and Drinks4. ActivitiesFinal Thoughts 1. Transportation If you’re booking a flight, whether for local or domestic, make sure that you book ahead of time. Most ticket prices can go really high, especially if the booking date is only a few weeks before the travel date. If you have a credit card, take advantage of air miles because you might possibly get a free ticket to your choice destination. Also, it’s always wise to sign up for loyalty programs to know about the latest deals and discounts of your preferred airline. Wherever you’re going, always research on modes of transportation. Of course, commuting or taking public rides is definitely the cheapest way to go around, but renting a car or a van may also be a good idea, especially if you’re with a large group. Compare the cost of commuting and renting a vehicle to know which is more practical. 2. Accommodation Most travelers make the mistake of spending a lot of money on accommodation. While choosing the best place to stay is really a no-brainer, five-, six-, or even seven-star hotels are not your only options. Unless…

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