All Articles With Category : Personal Finance

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

Got Bills to Pay? Here’s Your Guide to Bills Payment Centers in the Philippines

Hate rushing between different banks or offices to pay your bills? Or maybe you loathe dealing with overdue bills and disconnection notices? Good thing bills payment centers are accessible to Filipinos who need to settle their utility, government, and credit card bills all at the same time. These one-stop bills payment facilities are located in malls, supermarkets, convenience stores, and commercial buildings in cities, and even in remote towns. Not only can you do your shopping and perform other errands, but you can also save a separate trip just to pay off bills. Additionally, bills payment centers also provide other financial services such as money remittance, money exchange, e-loading, and airline ticketing. So instead of making a trip to your nearest Meralco bayad center or Converge payment center, for example, you can just go to a bills payment center. Certainly paying bills online is the faster option, but there are still a lot of people who prefer to pay bills in cash or check over-the-counter. So if you’re one of these people, these are some bills payment centers that you can go to before your next due date. Table of ContentsBayad Center Bills Payment ServiceBayad Center Operating HoursBayad Center Payment ModesPayments Accepted at Bayad CenterHow to Pay Bills at Bayad CenterBayad Center Service ChargeCebuana Lhuillier Bills Payment ServiceCebuana Lhuillier Operating HoursPayments Accepted at Cebuana LhuillierHow to Pay Bills at Cebuana LhuillierECPay Bills Payment Centers at 7-Eleven and Other OutletsPayments Accepted at ECPay Partner OutletsHow to Pay Bills at ECPay OutletsSM Bills Payment CentersSM Bills Payment Center Operating HoursPayment Modes AcceptedPayments…

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What is a Credit Score and Why Should I Improve It?

]Do you know what your credit score is? You may not realize it, but this number can make or break your finances. Let’s say you’re applying for a loan to start a business. You’re confident that you’d be approved because you met all the qualifications and submitted all the requirements. Your income documents also prove that you can repay the loan. Much to your surprise, the bank denied your application. What could be wrong, you wonder. Banks consider a variety of factors to decide whether to lend money to someone or not. Apart from the financial information submitted via a loan or credit card application, banks also use a borrower’s credit report and credit score to gauge his or her ability to pay back a debt. “Banks lend other people’s money to borrowers. Therefore, they’re accountable. People should understand that banks cannot just lend to anyone without any basis,” said Credit Information Corporation Board Member Suzanne Felix in an ANC interview[1]. Keeping track of your credit score in the Philippines is crucial to managing your personal finances. It’s important to understand what it is, how it works, and why you need to check yours. Table of ContentsWhat is a Credit Score and How is It Computed?What is a Good Credit Score?What Factors Affect Your Credit Score?What Factors are Excluded from Your Credit Score?What’s the Difference Between a Credit Score, Credit Report, and Credit History?Credit Reporting and Scoring System in the Philippines: How Does It Work?Why is a Good Credit Score Important?Why You Should Improve Your Credit Score in the Philippines1….

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21 Cheapest Cars in the Philippines You Can Buy in 2021

What vehicle can you buy with PHP 1 million or less nowadays? With high car prices in the Philippines driving buyers crazy, you’d think that your options for the cheapest cars in the Philippines are now limited. However, you’ll be surprised by the numerous choices—including hatchbacks, sedans, multi-purpose vehicles (MPVs), sport utility vehicles (SUVs), and pick-up trucks—from various automakers. Looking for an affordable vehicle for driving to work or taking your family to road trips? Here are cheap cars available for sale in the Philippines for 2021 along with their prices. Table of ContentsCheapest Cars in the Philippines Under P700,000Toyota WigoSuzuki CelerioSuzuki DzireJAC S1JAC J4Cheapest Cars in the Philippines Under P1,000,000Suzuki APVKIA PicantoHonda BrioHyundai ReinaNissan AlmeraToyota ViosChevrolet SparkMitsubishi MirageMitsubishi Mirage G4Hyundai AccentChevrolet SailHonda CityToyota HiluxHonda JazzFord EcoSportGet a Free Car Insurance Quote!Final Thoughts Cheapest Cars in the Philippines Under P700,000 Toyota Wigo For young professionals looking to buy their first car, Toyota’s entry-level hatchback makes a great choice. Its built is ideal for city driving, helping you easily navigate through the traffic. While obviously smaller than a sedan, it can accommodate up to five passengers, making it the perfect ride for quick getaways with family or friends outside the city. Toyota Wigo Prices: 1.0E MT: PHP 568,000 1.0G MT: PHP 623,000 1.0G AT: PHP 658,000 1.0 TRD S AT: PHP 700,000 Key Specs of the Toyota Wigo: Body type: Hatchback Seating capacity: Five Transmission type: Manual or Automatic Engine: In-line 3-cylinder, 12-valve DOHC with VVT-I, 998 cc (1.0L) Performance: 65hp at 6,000rpm and 89Nm at 4,400rpm Fuel type: Gasoline Also…

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ATM Fees in the Philippines All Cardholders Need to Know

Every day, millions of Filipinos use an ATM to access their savings and checking accounts. With a debit card, or ATM card as most people call it, account holders can withdraw money, check their account balance, and even transfer money to other bank users. All of these activities can be done in a few clicks, making electronic banking more convenient to the public. But in case you did not know it yet, your bank charges you different service fees. Some of these bank fees and charges include ATM fees. ATM fees in the Philippines are comparative and vary from bank to bank. Charges also differ for every transaction. For example, a balance inquiry fee is typically cheaper than a withdrawal charge because balance inquiries are deemed simpler compared to withdrawals. Table of ContentsWhat is an ATM?Electronic Banking in the PhilippinesBancnetMegalinkExpressnetATM Fees in the PhilippinesATM Balance Inquiry FeesATM Withdrawal Fees (When Using a Different ATM)Intrabank Transfer Fees (Same Bank)Interbank Transfer Fees (Different Banks)Below Maintaining Balance ChargesDormancy FeesATM Withdrawal Limit in the PhilippinesFAQsWhat is the 05si service charge?What is the minimum withdrawal amount in ATMs in the Philippines?Final Thoughts What is an ATM? An Automated Teller Machine or ATM is an electronic banking outlet that offers quick self-service options to cardholders. Electronic banking allows customers to complete transactions without going to the bank. ATMs are convenient as you don’t have to wait in line at the bank to withdraw funds or know how much money you still have in your account. Today, there are over 3.5 million ATMs in use across the…

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Quick Guide on How to Load Your PayMaya Account

Find out where and how to load PayMaya in this nifty guide. Since it’s a very popular mobile wallet, you can benefit from its many features and offers of convenience. Even before the COVID-19 pandemic, PayMaya has been a hassle-free option when it comes to paying bills, shopping online, withdrawing and transferring funds, booking flights, and many more. Moreover, there’s even a physical PayMaya card that you can use to pay for in-person purchases. In case your PayMaya balance is running low, we have listed down the easiest ways to add money to your wallet. So read on to find out how to top up your PayMaya wallets using different channels. Table of ContentsWhere to Find a PayMaya Loading StationConvenience stores:Pay&Go self-service kiosks at:Top up at the following department stores:Add money to your PayMaya account at these remittance centers:Load up online via InstaPay:Cash in via PesoNet:Reload at other PayMaya Partners:How to Load PayMaya via 7-ElevenHere’s how you can load via 7-11 through SMS: How to Load PayMaya Using Cliqq AppPayMaya Cash In Through BanksUsing BDOUsing MetrobankUsing LandBankHow to Cash In PayMaya Using SMART MoneyHow to Load via Smart PadalaHow to Send Money to PayMaya Using GCashHow to Send Money to PayMaya Using Globe LoadExtra: How to Load RFID Using PayMaya Final Thoughts Where to Find a PayMaya Loading Station Convenience stores: 7-Eleven Ministop Alfamart Pay&Go self-service kiosks at: Mercury Drug Super 8 Lawson  Landers  Touchpay eTap Zoompay  Top up at the following department stores: Robinsons Department Store The SM Store Gaisano Add money to your PayMaya account at these remittance…

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GCash 101: A Handy Guide for New GCash App Users

Turn your smartphone into a virtual wallet—that’s what using the GCash app is all about. A mobile payment innovation in the Philippines, GCash has revolutionized the way people make financial transactions. With just a few taps on a smartphone, Globe and TM subscribers can quickly send and receive money, pay bills, and make other transactions anytime and anywhere. All GCash services are free, except for cash out and card application and withdrawal. For non-tech savvy beginners, learning how to use GCash can be quite challenging and even frustrating. Let this comprehensive guide help you familiarize yourself with this app. Table of ContentsHow to Make an AccountDownload the GCash AppRegistration Steps via the GCash AppRegistration Steps via the GCash websiteRegistration Steps via the *143# MenuRegistration Steps via MessengerHow to VerifySteps to Account VerificationHow to Load Your GCash WalletHow to Link Your Bank AccountHow to Cash-In via Mastercard or VisaHow to Cash-In via Partner BanksHow to Cash-In via RemittanceHow to Cash-In via PayPalHow to Cash-In via 7-Eleven and other Authorized OutletsHow to Get a GCash CardApplication via GCashApplication via OnlineApplication via OutletsHow to Withdraw MoneyCash-Out via GCash MastercardCash-Out via GCash AppCash-Out via GCash OutletHow to Send Money to GCashHow to Pay Bills with GCashHow to Use GCash QR for ShoppingHow to Shop via GCash QRHow to Buy Load via GCashFees to Take Note ofBills PaymentCash-in via Online BankingOver-the-Counter Cash-inCash-in via RemittanceFrequently Asked QuestionsHow do I convert my Globe Points to GCash?Final Thoughts How to Make an Account Before you can start using the mobile service, you need to register for an account…

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10 Best Investments for Magastos Millennials

Adulting is tough, more so for young adults who spend beyond their means. Easier to be magastos than matipid, right? Are you a 20- or 30-something who’s struggling with finances? A recent study[1] noted that Filipino millennials aren’t saving and investing enough, even if they’re aware of their future needs. You may have heard it from baby boomers already, but it’s worth emphasizing this financial advice: don’t just save—invest your money! If you’re not sure what to invest in your twenties or thirties in the Philippines, here are 10 investments for millennials. Table of ContentsBest Investments for Millennials 20211. Investing in Yourself2. Small Business3. Pag-IBIG or SSS Investment Program4. Variable Universal Life Insurance (VUL)5. Bonds6. Mutual Funds7. Unit Investment Trust Fund (UITF)8. P2P Lending9. Website Flipping10. Retirement FundFinal Thoughts Best Investments for Millennials 2021 1. Investing in Yourself Your own skills and knowledge are your greatest assets besides money. So it makes sense to begin your investing journey from within. Learn new skills or pursue higher education related to your field to prepare yourself for career growth. Surviving the cutthroat competition in the corporate world is difficult as it is—growing professionally will give you a competitive advantage. With career growth, better income opportunities will open up for you. It’s one of the best investments for millennials because you learn something new and meet people who can help you with your goals, too. If you need some ideas on where to invest 10k pesos in the Philippines right now, start with yourself first through the following: Take a graduate degree if…

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Ipon Challenges to Help You Hit Your Financial Goals This 2021

Saving money is as easy as spending it—said no one ever. This is probably why Filipinos are trying different fun and creative ways to save, or even coming up with their own ipon challenges. When you take on a money saving challenge, you’ll hit two birds with one stone. First, you achieve your financial goal for the year—be it saving up for a trip abroad, destination wedding, down payment for a home or car purchase, or capital for starting a small business. Second, you develop financial discipline and the habit of saving. Seems like a tall order, huh? But guess what: if everybody else can do it, so can you! Looking to challenge yourself to consistently save a certain amount this year? Take a look at these ipon challenges and pick the one that suits you best. Table of Contents7 Ipon Challenges to Start in 202152-Week Money ChallengeTwice-a-Month Money Challenge12-Month Saving Challenge365-Day Money Challenge50-Peso Ipon ChallengeLoose Change Saving ChallengeFinal Thoughts 7 Ipon Challenges to Start in 2021 52-Week Money Challenge How much you can save in a year: PHP 1,378 to PHP 137,800 The 52-week money challenge involves saving in increments weekly, starting from the first week of the year up to the last. This ipon challenge is popular among Filipinos for a good reason. The amount to save increases as the weeks go by, motivating you to meet your saving target by the end of the year. It’s also flexible—you can start small (for as low as one peso) or big depending on how much you can afford to save…

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Start the Year Right with These Financial New Year’s Resolutions

To say that we can’t wait to bid this year goodbye is an understatement. It will definitely be remembered as the year that pushed everyone’s finances to the limit. But hey ― a new year is coming. Which means it’s time to look at our financial wins and losses and make that much-needed New Year’s resolution list. Check out these New Year’s resolution examples we’ve listed below. Hopefully they will give you ideas on how to make resolutions of your own. Or you can just pick the best resolution that will help turn your financial situation around or achieve your money goals. Table of Contents1. Assess your current financial situation2. Set realistic financial goals3. Stick to a budget4. Save every payday5. Learn more about money6. Set up a financial safety buffer7. Pay off your debts8. Fix a bad credit score9. Have more frequent no-spend days10. Delete shopping apps ASAP11. Pay in cash12. Use your points to get discounts or free items13. Sell unused or unwanted items14. Reflect on the financial mistakes you made last yearFinal Thoughts 1. Assess your current financial situation What do you own, and how much do you owe? Where’s your income coming from, and what are you spending them on? Is one income stream enough to cover all your expenses, or do you need to create several more to make ends meet? Once you work out the numbers, you will know what changes you need to make or bad money habits you need to let go of to improve your financial situation. 2. Set realistic financial…

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How to Invest in Real Estate: A Quick Guide

Because shelter is a basic human need and properties are tangible assets, real estate is generally considered safer than other investments like bonds and stocks, even for beginners. Stocks, in particular, are prone to price fluctuations due to changes in market conditions, while real estate tends to grow in value over time. However, as with anything, it takes practice and knowledge to reap the rewards of a real estate investment. Here’s what first-time real estate investors should know about how to invest in real estate in the Philippines. Table of ContentsWhat is Real Estate Investment?Where Can I Invest?Types of Real Estate Investments1. Buy and Sell2. Buy and Hold3. Rental Properties4. Real Estate Investment TrustsHow to Make Money in Real EstateIncreasing Property ValueRegular Income PaymentsIs Investing in Real Estate in the Philippines a Good Idea?Real Estate Investment AdvantagesReal Estate Investment DisadvantagesHow to Invest in Real Estate in the Philippines1. Determine If You’re Financially Ready2. Study the Philippine Housing Market3. Decide How Much You’ll Want to Invest4. Pick and Buy Your First InvestmentFinal Thoughts What is Real Estate Investment? Real estate investment is the ownership of properties such as land, houses, buildings, and other things above and below the land for generating income, as opposed to buying just for residence or occupancy purposes. Where Can I Invest? Running a real estate business involves buying and selling or leasing properties to build wealth and diversify an investment portfolio. Property investors in the Philippines can earn money from any of these three types of real estate: Residential properties – House and lots, townhouses, condominiums,…

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Opening a Time Deposit Account? Know the Steps, Rates, and Other FAQs

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 investment decision starts with knowing and understanding what you’ll be getting into. Of course, you want to grow your money—not lose it. Here’s everything you need to know about time deposits in the Philippines. Table of ContentsWhat is It?How It Works?How to Compute Interest in Time DepositWhat is the Best Bank for Time Deposit?What You Need to Know Before Investing1. You Can Invest for as Low as P1,0002. Funds are Locked in for 30 Days to Seven Years3. Time Deposits are a Safe and Stable Investment Option4. Interest Rates are Higher Than Regular Savings Accounts5. Interest Rates are Fixed and Guaranteed6. You’ll Get Higher Earnings with a Higher Deposit and Longer Term7. You Can Receive Interest Payouts8. Time Deposits are Also Available in Foreign Currencies9. Simple to Set Up and Understand10. No Fees Involved, But Earnings are Taxed11. There’s a Penalty Fee for Early Withdrawal12. Time Deposits are Insured13. You Can’t Place Additional Deposits14. You Can Borrow Money from Your Time Deposit AccountFinal Thoughts What is It? A time deposit (also known as term deposit or fixed deposit) is a type of bank account that earns a fixed interest but cannot be withdrawn over a specified term or period. Although time deposits in the Philippines…

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Everything You Need to Know About Checking Accounts in the Philippines

Even though banking has gone digital these days, traditional financial products like checking accounts are still common in the Philippines. Some businesses and lending institutions even prefer payments in checks that serve as tangible proof of transaction. For regular folks, the need for a checking account in the Philippines may not be as urgent as that of a savings account, except for borrowers who are required by lenders to issue post-dated checks.[1] Want to know what are the requirements and how to open a checking account? Here’s everything you need to know about checking accounts in the Philippines. Table of ContentsWhat is a Checking Account?How Does a Checking Account Work?What is a Checking Account Used For?How to Access Funds in a Checking AccountBenefits of Having a Checking AccountChecking Account vs Savings Account: What’s the Difference?5 Types of Checking Accounts in the Philippines1. Entry-Level Checking Accounts2. Personal/Individual Checking Accounts3. Business/Corporate Checking Accounts4. All-in-One Checking Accounts5. US Dollar Checking Accounts3 Factors to Consider When Choosing a Checking Account1. Checking Account Initial Deposit and Maintaining Balance Requirements2. Checking Account Fees and Charges3. Checking Account Interest RatesHow to Open a Checking Account in the PhilippinesChecking Account Requirements Steps to Opening a Checking AccountTips for Managing Your Checking AccountFinal Thoughts What is a Checking Account? A checking account, also called current account, is a type of bank account that enables the holder to make over-the-counter deposits and withdraw funds through writing checks and/or using a card. Aside from a checkbook, many checking accounts nowadays come with an ATM or debit card for withdrawals, point-of-sale (POS) transactions, and…

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How to Use JRS Express: Guide to JRS Express Services, Rates, and More

Before GrabExpress and Lalamove became mainstream, there’s JRS Express providing express delivery services in the Philippines since 1960. Despite the emergence of app-based couriers, the country’s leading logistics company is still going strong. Sending packages to your loved ones or customers through JRS? Here’s what you should know about how to use JRS Express delivery services, as well as the shipping rates, tracking feature, and other important information. Table of ContentsWhat is JRS Express?JRS Express FeaturesJRS Express Delivery Services in the PhilippinesJRS Express Pouches for Next-Day DeliveryJRS Express Envelopes for Ordinary DeliveryJRS Express BoxesJRS Express Lipat BahayJRS Express Freight ForwarderHow to Use JRS Express Door-to-Door DeliveryHow to Drop Off Items at JRS Express BranchHow to Book JRS Express Pickup ServiceJRS Express BranchesJRS Express RateJRS Express Domestic Shipping Rates JRS Express International Shipping RatesJRS Express Lipat Bahay and Freight Forwarder RatesHow to Track JRS Express PackageJRS Express ReviewFAQs on How to Use JRS Express1. How long does JRS Express shipping take?2. Does JRS Express have delivery on Sundays?3. Where does JRS Express deliver?4. Which is cheaper: JRS or LBC?5. Can I send cellphone or laptop through JRS Express?6. What are JRS Express prohibited items?Final Thoughts What is JRS Express? JRS Express[1] is one of the largest and oldest express door-to-door delivery companies in the Philippines. It’s one of the most recognizable brands in the delivery services industry, having been in the courier business for 60 years now with over 400 branches nationwide. JRS Express Features Ships nationwide and to different countries in Asia and Pacific, Middle East, USA, and Europe Operates 24…

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To Invest or To Save: What Should I Do With My Money?

When you were young, the fable where ants were saving up food crumbs for the rainy days stuck with you. At that age, you already knew what to do with your allowance in case you need to buy materials for your art project or you just want to treat yourself to a cone of ice cream by the end of the school week. Your parents and even your teachers might have even taught you that saving up would help you become rich. However, your perspective changed when you grew up. The fable of the ants still holds true, but the reminder of the adults from your younger years is quite far from reality. If you want to build your wealth, you are not supposed to just save. You need to make your money work for you – you need to invest! It’s understandable that personal finance newbies and novice investors think of saving and investing as almost the same thing. However, if you compare investments vs savings, they are two different concepts and understanding both of them will help you map out your financial future. Table of ContentsInvestments vs SavingsThe Pros and Cons of SavingsThe Pros and Cons of InvestingShould I save or invest?How much should I keep in investments vs savings?Where to invest?StocksMutual FundsBondsReal EstateFinal Thoughts Investments vs Savings Saving, in essence, is the act of setting aside money for future expenses, unforeseen needs, and emergencies. It’s the money that you can withdraw quickly from your bank account. However, you can also use your savings for long-term goals, such…

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How Close Are You to Getting FIRE-d?

Excuse my clever pun. I’m not talking about the hot fire or the unemployed kind of fire. Instead, I’m talking about the kind of fire that’s so good, it had to be an acronym. That’s right, how close are you to getting FIRE-d? That’s a question you should be asking yourself because the FIRE method of retirement is something you should consider aspiring. Table of ContentsWhat is FIRE Movement?Are You Ready to Get FIRE-d? Answer Truthfully!FIRE Method of Retirement Quiz ResultsFinal Thoughts What is FIRE Movement? Before we answer the burning question, let’s first define what the FIRE method of retirement is. FIRE means Financial Independence/Retire Early and it involves retiring in your late 30s or early 40’s instead of the traditional retirement age at around 60. It started gaining traction in 1992[1] and since then, millennials have subscribed to the idea of retiring early. There are many ways to get started with the FIRE movement, but it usually involves saving a lot and growing your money to a huge amount that you won’t need a job to sustain your lifestyle. It sounds like a pipe dream, but it’s entirely doable as long as you put your mind to it. Retire early and follow your passion without anything holding you back. That’s the FIRE-d life. So at this point in your life, do you have the right mindset to start the FIRE method of retirement next year? Find out how financially ready you are in this short FIRE quiz that’s totally lit, yo. Read more: Retirement Fund 101: Plan, Save…

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The Importance of Vaccination and Prices of Vaccine in the Philippines

To say that “health is wealth” is already a cliché is an understatement. You may remember it from that poster making competition you joined while you were still in elementary school, or perhaps, your family doctor has never failed to remind you of this. Despite this philosophy’s perpetual presence in people’s consciousness, the truth is, not everyone is doing their best to live by it. If you come to think of it, everything you do, from your career to relationships, is heavily dependent on your health. As such, you need to protect it at all costs. Knowing that the future will always be uncertain, you need to set up protective measures — vaccination should be first on your list. Getting sick is inevitable, but you can increase your protection from the get-go with the help of a vaccine. In this guide, you will have an idea how vaccines work against diseases and how much you should prepare if you want to get the necessary shots. Check out our guide and vaccine price list in the Philippines. Table of ContentsHow Vaccines Work: A Brief ExplainerAre vaccines safe?How much do vaccines cost in the Philippines?Vaccine Price List in the Philippines1. Influenza or Flu Vaccine2. Human Papillomavirus Vaccine (HPV)3. Hepatitis B Vaccine4. Tetanus, Diphtheria, Acellular Pertussis Vaccine5. Chicken Pox Vaccine6. MMR (Measles, Mumps, Rubella) Vaccine7. Rotavirus Vaccine8. 6 in 1 Vaccine9. Varicella or Chicken PoxWhen should I get vaccinated?Where to get vaccine in the Philippines?What to do before getting vaccinated?Final Thoughts How Vaccines Work: A Brief Explainer The World Health Organization simply explains…

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8 Golden Rules for Starting a Small Business in the Philippines

Still struggling on how to start a small business in the Philippines? To do so, you need to be driven, patient, hardworking, and knowledgeable. But it takes more than that to succeed as an entrepreneur. There’s no definite formula for success. However, there are rules that beginning entrepreneurs live by. Here are the eight golden rules on how to start a small business in the Philippines. Table of ContentsHow to Start a Small Business in the Philippines1. Create a New Market or Benchmark2. Validate Your Small Business Idea3. Plan Your Business Finances4. Pick the Right People5. Choose the Best Name for Your Small Business6. Apply for Licenses and Permits7. Take Advantage of Social Media and Free Website Builders8. Be ResilientFinal Thoughts How to Start a Small Business in the Philippines 1. Create a New Market or Benchmark Be innovative! You have two choices on what business you want to venture in. First, offer something that is not yet in the market. How can you make your business stand out? Think creatively and identify an innovative product or service that can satisfy the needs or provide a solution for your target customers. Second, benchmark successful businesses. Observe what they’re doing right and create something greater. You can also apply at PhilGEPS wherein you can have government agencies as clients. This allows your business to grow by expanding your network. 2. Validate Your Small Business Idea You may have something in mind that you believe will be a big hit. But does your business idea really have the potential to succeed? Conduct…

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Seller’s Quick Guide to Dropshipping in the Philippines

Gone are the days when starting a business means finding a location where you can set up shop or scout for multiple staff members who will man your store. Doing business in this age is possible even if you’re alone and doing it within the confines of your home. All you need are these: an online shop, a strong Internet connection, and a trusty supplier. However, one thing that puts off budding online businesspeople is the product inventory. Ultimately, you will still need to source products from a supplier and find ample space where you can keep them. You can actually solve such inventory problems when you’re dropshipping. This concept of business has been around for a long time, which proves its profitability. If you want to dip your toes into business, then dropshipping in the Philippines might be ideal for you. Read on to learn the pros and cons and how to become a dropshipper in the Philippines. Table of ContentsWhat is Dropshipping Business?How Does Dropshipping in the Philippines Work?Advantages of DropshippingDisadvantages of DropshippingHow to Start a Dropshipping Business in the PhilippinesDropshippers in the Philippines:Where Can I Get My Products?AlibabaAliExpressLazadaOberloDropshipping Philippines TutorialFinal Thoughts What is Dropshipping Business? Usually, online businesses always have products on hand to sell. But that is not the case when it comes to dropshipping. Dropshipping is an order fulfillment method meaning you work as the intermediary between your customer and your supplier of products. How Does Dropshipping in the Philippines Work? First, you set up your online shop and post your products there. Your customers…

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Big Deliveries? Complete Guide to Transportify Services and Rates in the Philippines

With the likes of LBC, GrabExpress, and Lalamove dominating the courier services market in the Philippines, there’s another promising yet underrated online delivery platform you might not have heard of—the Transportify app. Transportify differentiates itself from other logistics companies by offering a broad selection of vehicles built for heavy-duty deliveries at affordable rates. Whether you’re a small business owner who needs to deliver products to customers or someone moving to a new home or buying furniture and appliances, there’s a suitable vehicle you can book through the Transportify app. Here’s everything you need to know about Transportify app features, services, and rates in the Philippines. Table of ContentsWhat is Transportify?Transportify App Features1. Real-Time Transportify Tracking2. Flexible Booking Schedules3. Multiple Drop-Offs and Route Optimization4. 24/7 Live Customer Service5. Chat with DriverTransportify Delivery Services in the PhilippinesEconomyL300 or VanClosed VanPickup TruckReefer TruckMini Dump Truck6-Wheeler Forward TruckLong Pickup Truck10-Wheeler Wing VanExtra Transportify Delivery ServicesTransportify COD and POD Return ServicesHow Transportify App WorksHow to Register for a Transportify AccountHow to Book a Transportify ServiceTransportify RatesTransportify Shipping RatesTransportify Rates for Extra ServicesTransportify Extra Wait Time FeesTransportify COD and POD Service FeesFAQs About Transportify1. Does Transportify deliver on Sundays and holidays?2. Where does Transportify deliver?3. Which is better: Lalamove or Transportify?4. Can Transportify deliver pets?Final Thoughts What is Transportify? Transportify[1] is an app-based trucking logistics company that provides on-demand, same-day, and door-to-door pick-up and delivery services in Metro Manila and Luzon. Launched in the Philippines in 2016, Transportify also operates in Thailand and Indonesia under Deliveree Group. Transportify App Features Through the Transportify web app or mobile app,…

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Money Market Fund: Is It the Right Investment for You?

Are you looking for a short-term investment with higher returns compared to a regular savings account? Money market funds is a good option. It’s perfect for investors who have low to moderate risk tolerance and prefer to keep the liquidity of their funds. In this article, we will talk about what a money market fund is, how it works, and what its pros and cons are. We’ll also quickly run through a list of money market funds that you can check out so you can get investing soon! Table of ContentsWhat is a money market fund?What are some money market fund examples? Is a money market fund the same as a money market account?Are money market funds cash equivalents?Basic Features of Money Market Funds in the PhilippinesWho can invest in money market funds?How do you subscribe to a money market fund?List of Money Market Funds in the PhilippinesSun Life Prosperity Money Market FundLand Bank Money Market Fund China Bank Money Market FundRizal Peso Money Market Fund BPI Invest Money Market FundBDO Peso Money Market Fund Metro Money Market FundPNB Prime Peso Money Market FundSB Money Market FundCTBC Money Market FundWhat are the advantages of money market funds?What are the disadvantages of money market funds?Are money market funds safe in a recession? Final Thoughts What is a money market fund? The money market is a segment of the financial market where high-liquidity financial instruments with short term (6-12 months) maturities are traded. A money market fund, on the other hand, is a type of mutual fund that invests in low-risk and…

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