All Articles With Category : Personal Finance

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

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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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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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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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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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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[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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9 Money Management Tips for Couples

What’s the worst relationship dealbreaker for couples? Your partner’s loud snoring or smelly feet may lead to petty fights, but the stress they cause is nothing compared to arguments involving money. Handling finances in a relationship entails being on the same page with each other about money. Otherwise, you’ll always be fighting about money. Newlyweds […]

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7 Financial Goals to Attain Before You Reach 30

So how does being young feel like? You’re probably fresh out of college or maybe you’re in the middle of your 20s. It’s a time to live young, wild, and free, as the popular rap song says. But at the same time, being in your 20s is also the perfect opportunity to make financial goals […]

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6 Things to Consider When Choosing the Right Bank for You

Choosing where to bank is a crucial decision that can make or break your finances. The right bank can help you meet your financial goal, whether it’s building your emergency fund, saving for a business, or just for safekeeping your money. But making the wrong choice can cause you a lot of stress and inconvenience, […]

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Dengue 101: How to Protect Your Family Against Dengue in the Philippines

Dengue in the Philippines has always been a national concern, especially during the rainy season. From January 1 to August 3, 2019, the Department of Health (DOH) has recorded 188,562 dengue cases—the highest in the last five years. To date, the mosquito-borne viral disease has killed 807 people in 2019. The increasing cases of dengue […]

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Best Coworking Spaces for Freelancers and Startups in the Philippines

Telecommuting is an emerging trend for Filipino professionals today, with the proliferation of coworking spaces all over the Philippines. Although working from home is the cheapest option for freelancers and small business owners, it isn’t always the best choice. Sometimes, you need to rent a coworking space when you have to hustle through deadlines, meet […]

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Make Money Online: How to be a Shopee or Lazada Online Seller

Lazada and Shopee are two of the leading e-commerce websites in the Philippines and Southeast Asia—not just for consumers but also business-minded Filipinos who want to make money online in their spare time. These platforms for online sellers are beginner-friendly. For as low as PHP 10,000, you can start selling and earning profits with just […]

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Best Investments for OFWs: 8 Ways to Grow Your Hard-Earned Money

Overseas Filipino workers are the country’s modern-day heroes. They work in a foreign land in the hopes of providing a better future for their loved ones. Payday Friday for them doesn’t mean eating in a lavish restaurant. It usually means heading to the nearest remittance center to send money to their families back home. Earning in […]

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What is Smartphone Insurance and Should You Get One?

Getting mobile phone insurance could be among the last things on your mind after buying a new phone. After all, you’ve spent so much for it already. Why would you bother paying extra for smartphone insurance? That seemingly unnecessary cost might just become your lifesaver in the future. You might accidentally drop your phone or […]

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7 Money Habits of Highly Successful Millennials

Just like muscle building, achieving success takes time. It involves building a habit, which allows your small results to snowball into something bigger in the future. Just like how Manny Pacquiao exercises every day so he can win an upcoming fight. This goes the same way financially. The little consistent things you do for your […]

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[Battle of the Brands] Cebu Pacific vs AirAsia: Which Budget Airline is Better?

Low-cost carriers in the Philippines make it possible for more Filipinos to explore different parts of the world without spending a fortune. They also attract more foreigners to visit the famous tourist destinations in the country. Two of the Philippines’s biggest airlines, Cebu Pacific Air and Philippines AirAsia, take credit for that. They offer significantly […]

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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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14 Things You Should Know About Time Deposits in the Philippines

Are time deposits a good investment option? Cliche as it may sound, but the answer is “It depends.” It depends on your financial goals, as well as the bank where you’ll open a time deposit account. Several other considerations may also affect your decision whether to go for it or invest elsewhere. Making a smart […]

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What Student Discounts are Available in the Philippines?

What’s more challenging for students than passing Math and coming to school on time? It’s making their allowance last. This is why student discounts are a welcome opportunity to stretch one’s daily budget for school needs. Knowing where you can score a student discount not only helps you save money but also trains you to […]

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