All Articles With Category : Personal Finance

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

J&T Express Guide to Shipping and Tracking Packages in the Philippines

The logistics market in the Philippines is seen to grow throughout and beyond the pandemic[1], thanks to the surge in e-commerce transactions during the lockdown. Joining the logistics industry and competing with the likes of LBC Express and JRS Express is a new player in the logistics business: J&T Express. The courier service has already gained much attention in traditional and social media even if it was only launched in the Philippines in 2019. J&T Express is also a familiar brand among online sellers and buyers. If you often buy from Shopee, you likely have received some of your packages through this up-and-coming shipping service. Whether you need a courier for sending items to your customers or loved ones, J&T Express has got your shipping needs covered. Here’s a guide on how to use J&T Express for package delivery in the Philippines. Table of ContentsWhat is J&T Express?How J&T Express WorksJ&T Express Delivery FeaturesHow to Ship Packages Through J&T ExpressHow to Send Packages Through J&T Express BranchesHow to Book J&T Express Pickup ServiceJ&T Express Rates 2020J&T Express Shipping Rates from Metro ManilaJ&T Express Shipping Rates from LuzonJ&T Express Shipping Rates from VisayasJ&T Express Shipping Rates from MindanaoJ&T Express Shipping Rates from an IslandPrices of J&T Express BoxesHow to Track J&T Express PackagesFAQs on J&T Express1. How can I find J&T Express branches near me?2. What are the office hours of J&T Express?3. Does J&T deliver on weekends?4. How do I get a J&T pouch?5. Does J&T have a weight limit on packages?6. How many days does it take J&T Express to ship packages?7….

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Inheriting Property? Learn About Estate Tax in the Philippines First

Taxes are everywhere and seemingly unescapable. From the milk tea you love to the heirloom your grandma left, you need to pay tax. Even when you’re gone, you may leave your loved ones to settle on assets you have left behind. With this, what happens when a loved one imparts property to you? And what is the role of estate tax when inheriting such assets? Keep on reading to know about estate tax in the Philippines, how much it costs, and how you can reduce the amount your loved ones may have to pay. Table of ContentsWhat is Estate Tax in the Philippines?Estate Tax vs Inheritance TaxHow Much is Estate Tax in the Philippines?General Requirements for Estate Tax ReturnHow to File for Estate Tax ReturnEstate Tax AmnestyWhen is the Deadline for Estate Tax Amnesty?How Can I Avoid Estate Tax in the Philippines?1. Sell your assets2. Turnover to your heirs3. Get insuranceFinal Thoughts What is Estate Tax in the Philippines? When a loved one dies, his or her assets are given to lawful heirs or beneficiaries. However, this process requires paying for tax called estate tax. Estate is everything that comprises a person’s net worth by the time of death. This includes properties, personal possessions, financial securities, and other assets that the person had control over before passing away. Estate tax in the Philippines refers to the tax on the right of the deceased person to transfer their assets to lawful heirs or beneficiaries. According to the Bureau of Internal Revenue or BIR, estate tax is not property tax but is…

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VUL Insurance in the Philippines: What Is it and Should I Get One?

An insurance agent, who happens to be your friend or relative, is selling VUL insurance to you. But you aren’t sure if getting this type of insurance is a wise investment decision. Should you invest in a VUL policy? And what is VUL insurance in the Philippines, anyway? A VUL insurance policy comes with pros and cons that you need to consider before putting your money in it. Understand what VUL is, its benefits, and risks to know if this is the right insurance with investment in the Philippines. Here’s an objective guide to help you decide whether to purchase a VUL plan or explore other options. Table of ContentsWhat is VUL and How Does it Work?Who Provides VUL Insurance in the Philippines?Is VUL Worth It?Advantages of VUL Insurance in the PhilippinesDisadvantages of VUL Insurance in the PhilippinesIs VUL Insurance a Good Investment?Who Should Get a VUL Policy?Alternatives to VUL InsuranceFinal Thoughts What is VUL and How Does it Work? Variable Universal Life Insurance. also known as Variable Unit-Linked Insurance or VUL, is a permanent life insurance and investment rolled into one product. It provides living, death, and disability benefits with an investment component. In the Philippines, the usual practice is that 5% of the VUL insurance premium goes to the cost of insurance, while 95% goes to investments. It’s crucial to highlight the meaning of the terms “variable” and “permanent” in VUL: Variable means the investment returns vary depending on the rise and fall of the markets where the premium is invested. As a permanent insurance policy, VUL won’t expire and you’re…

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PNB Online Banking Guide to Balance Check, Sending Money, Paying Bills and More

Online banking is the new norm for financial transactions in the Philippines during the pandemic (and most likely even when it’s over). PNB is no exception—like other banks in the Philippines, it actively promotes its PNB online banking channels, officially called PNB Digital Banking. If you have a PNB account, you’ll be glad to know that both PNB Internet Banking and PNB Mobile Banking App are among the easiest to use for different types of transactions. You can conveniently monitor your account balances, send money, pay bills, open and manage UITF investments, and order checkbooks. No need to go to a PNB branch because you can transact from home using your laptop or smartphone instead. Here’s a simple guide to completing transactions using PNB online banking platforms. Table of ContentsPNB Online Banking RegistrationWho Can Enroll in PNB Digital Banking?How to Enroll in PNB Online BankingPNB Online Banking ActivationPNB Online Banking Enrollment of Additional AccountsHow to Enroll Your PNB Credit Card in PNB Digital BankingHow to Enroll Your PNB Deposit Account in PNB Online BankingHow to Check Balance in PNB Online Banking AccountHow to Activate Quick Balance in the PNB Mobile AppPNB Online Fund TransferHow to Transfer Funds Between PNB AccountsHow to Transfer Funds to Other Local BanksPNB Online Bills PaymentHow Pay Bills with PNB Online BankingFinal Thoughts PNB Online Banking Registration Who Can Enroll in PNB Digital Banking? You can register to PNB Digital Banking if you have any of the following PNB accounts: ATM/Debit/Passbook savings account Checking account SSS/GSIS pensioner account Joint/OR account Credit card account PNB clients with…

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RCBC Online Banking Guide to Manage Your Finances at Home

Rizal Commercial Banking Corp. (RCBC) recently reported a 281% increase in electronic fund transfers (EFT) as of end-May this year[1], thanks in large to their improved RCBC Online Banking platform. “The enhanced community quarantine (ECQ) in March this year pushed EFT transactions further, with values amounting to PHP 47.03 billion for the three-month period alone, higher compared to the pre-COVID-19 level of PHP 16.14 billion which was for the months of January to February 2020,” RCBC said in a statement. And since we’re on the verge of the new normal, the trend will continue to rise from here. That’s why it’s important to familiarize yourself with online banking. If you have an RCBC banking account, here’s how you can use RCBC Online Banking. Table of ContentsRCBC Online RegistrationWhat Type of RCBC Accounts Can I Enroll?How to Enroll in RCBC Online BankingRCBC Online Check Balance InquiryHow to Check Your Balance via RCBC Online Banking WebHow to Check Your Balance via RCBC Online Banking AppHow to Deposit a Check via RCBC Online Banking AppRCBC Online Banking Money TransferRCBC Online Banking Fees and Transaction LimitsHow to Transfer Money via RCBC Online Banking WebHow to Transfer Money via RCBC Online Banking AppHow to Transfer Money via QR Code in RCBC AppHow to Send Cash via RCBC ATMs and BranchesRCBC Online Bills PaymentHow to Pay Bills via RCBC Online Banking AppI forgot my RCBC Online Banking ID/Password. What should I do?How to reactivate my RCBC Online Banking account?Final Thoughts RCBC Online Registration The good thing about RCBC Online Banking is that you can easily enroll…

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Online Business Ideas You Can Start Even with Small Capital

Running an online business and being your own boss definitely has its appeal. In fact, it’s so enticing that the number of registered online businesses in the country is now 40 times more in the past five months[1]. Definitely, the internet is a great medium to connect with customers without leaving home. However, starting an online business also has its challenges—the biggest one is coming up with enough money for capital. But don’t worry because there are many online business ideas you can start for as low as PHP 2,000. Want to take the leap? Keep on reading to learn more about online business ideas in the Philippines you can start in 2020. Table of ContentsOnline Business Ideas 20201. Make Artisanal Candles2. Offer Online Tutorials3. Craft Your Own Beverages4. Declutter Your Preloved Items5. Resell Skincare Products6. Sell Essential Items7. Build Apps and Websites8. Start an Online Loungewear Store9. Monetize Your Own Art10. Sell Homecooked MealsFinal Thoughts Online Business Ideas 2020 1. Make Artisanal Candles Aromatherapy candles can help people relax after a tiring day. They are perfect to cap off a busy workday, especially now that most professionals are working from home. They’re quite easy to make as well. Add your own flair and essential oil blends to create the most calming candles. Starting capital: PHP 5,000 – PHP 20,000 Materials and equipment needed: Double boiler Candle-making wax Wicks Essential oils Coloring agents Molds Dried flowers (optional) Tin can or glasses as containers Candle making is one of the easiest online business ideas out there. You can do it at…

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Easytrip Guide: Easy Ways to Get and Reload Easytrip RFID

Have you installed an Easytrip RFID sticker on your vehicle? If not, you have to do it immediately. To help reduce COVID-19 transmission, the Department of Transportation has ordered the full adoption of an RFID system in all tollways by November 2, 2020[1]. This will lessen contact between motorists and toll booth operators, as well as eliminate the need for using cash for paying toll fees. The conventional way to get an Easytrip RFID and top it up is to drive to the nearest RFID installation site. But it can be time-consuming and quite risky. The easier and safer alternative is to make your Easytrip transactions online. Here’s a quick guide to ordering, installing, and reloading Easytrip RFID online. Table of ContentsWhat is Easytrip RFID?Easytrip RFID CoverageDIY Easytrip RFID Installation GuideWhere Can I Buy an Easytrip Device?How to Order a Stick-It-Yourself Easytrip RFID OnlineHow to Install Your Easytrip RFIDEasytrip Balance Inquiry GuideHow to Check Easytrip Balance via WebsiteHow to Check Easytrip Balance via Mobile AppEasytrip Online Reloading GuideHow to Load Easytrip via Online Banking or E-WalletHow to Load Easytrip via UnionBank EON AppHow to Load Easytrip via Coins.ph AppHow to Load Easytrip via BPIHow to Load Easytrip via Easytrip Mobile AppFinal Thoughts What is Easytrip RFID? The Easytrip RFID is a government-recommended radio frequency identification sticker attached to a vehicle’s windshield or headlight for use in contactless and cashless toll payments. It’s a more efficient and safer alternative to cash for paying toll fees. Easytrip RFID Coverage Two tollway operators operate the different expressways in Luzon: the Metro Pacific Tollways Corporation…

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LBC Express: Your Guide to Shipping and Other LBC Services

“Ipa-LBC mo na ‘yan!” LBC is such a household name synonymous with padala. It’s one of the top-of-mind choices for shipping packages in the Philippines. When sending a balikbayan box to your loved ones, shipping goods to your customers, or receiving documents from government agencies, you’ve most likely used an LBC Express service at least once in your life. If you need to know more about LBC services, then here’s a quick guide for you. Table of ContentsWhat is LBC Express?Overview of LBC ServicesLBC Shipping ServicesLBC Remittance ServicesE-Commerce Fulfillment ServicesBusiness SolutionsLBC Shipping GuideWhat are the LBC Shipping Rates?How to Ship Through LBC ExpressLBC Pick Up GuideWhat is LBC Pick Up?LBC Pick Up RatesWhere is the LBC Pick Up Service Available?How to Book an LBC Pick Up ServiceLBC Express FAQs1. Where does LBC deliver?2. How can I find open LBC branches near me?3. Is LBC Express open on Sundays and holidays?4. Is LBC Express open on holidays?5. Does LBC deliver on Sundays and holidays?6. Can I send cellphone or laptop through LBC?7. How long does LBC take to deliver?8. How to track LBC Express delivery?9. Can I pick up my package from LBC Express?10. What are the LBC pera padala rates?11. How to contact LBC Express?Final Thoughts What is LBC Express? LBC Express[1] is the largest courier, cargo, logistics, and money remittance service company in the Philippines with over 1,400 branches nationwide. Established in 1945, LBC pioneered express delivery and cargo shipping, as well as 24-hour door-to-door delivery in the country. Overview of LBC Services LBC Philippines is well-known as a…

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BDO Online Features You Must Know for a Better E-Banking Experience

Knowing the different features of BDO Online Banking is important whether you have a BDO account or not. For BDO clients, this helps them maximize their use of the online banking platform. For those who are still deciding where to open a bank account, this helps them determine if BDO’s internet banking channel is the best fit compared to those of other banks. Whichever your goal is, here’s a quick overview of BDO Online Banking features. Table of ContentsWhat is BDO Online Banking?BDO Online Banking Services1. BDO Online Enrollment2. BDO Online Balance Inquiry3. BDO Online Send Money4. BDO Online Pay Bills5. BDO Online ReloadBDO Online Banking Security Features1. User Authentication2. Automatic Log-out3. Lock/Unlock Card4. Set Transaction LimitsHandy BDO Online Banking Features You Might Not KnowMy Quick LinksMy Saved TemplatesFinal Thoughts What is BDO Online Banking? BDO’s online banking facility[1] enables account holders to do a wide array of financial transactions anytime and anywhere using their laptops or smartphones. Most transactions can be completed without having to visit a BDO branch. Through BDO Online Banking account, you can conveniently do these transactions: Check account balances and transactions Transfer funds Pay bills Reload prepaid mobile phones and BDO cash cards Order checkbooks Request a Stop Payment Order on issued checks Read more: Online Banking in the Philippines: The Benefits of Going Cashless BDO Online Banking Services 1. BDO Online Enrollment Who Can Enroll? If you have any of these BDO accounts (individual or joint OR accounts), you may register for BDO Online Banking: Savings Checking Time deposit Prepaid card Auto Loan, Home Loan,…

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15 Mobile Banking Apps to Manage Your Accounts Better

Banking has never been this convenient, thanks to the invention of smartphones and the internet. These days, you don’t need to head down to your bank’s nearest branch to do your banking. You can just open your mobile banking apps and handle your transactions from there. But the question now is this: which mobile banking app or online banking website is best for you? Because naturally, you would choose the online banking option from your bank of choice. But not all mobile banking apps are the same. Some provide better user experience while others are struggling to get there. You might even consider opening an account for a bank with a great mobile banking app. So to give you an idea, here’s a list of mobile banking apps in the Philippines. Table of ContentsMobile Banking vs. Online BankingMobile Banking vs. Digital BankingMobile Banking Apps in the PhilippinesAUB Online BankingBDO Online and Digital BankingBPI OnlineChina Bank Online and MobileCitibank PHEastWest Online and MobileHSBC Mobile BankingLandbank Mobile BankingMetrobank DirectPNB Internet and Mobile BankingPSBank MobileRCBC Online BankingSecurity Bank OnlineUCPB ConnectUnionBank OnlineWhich is the Best App for Mobile Banking?Final Thoughts Mobile Banking vs. Online Banking Mobile banking and online banking are often interchangeable, but there’s a distinct difference between them. It mostly lies on what device and platform you’re using to do your banking. Mobile banking involves doing your transactions using a smartphone app. Before apps became the new norm, some banks offered SMS-based mobile banking where users do their banking through text prompts or texting specific commands to the bank’s SMS banking line….

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How Much Money Do I Need to Get Married in the Philippines?

Just got engaged? Sure, you’re excited about planning for your big day–from picking the perfect wedding dress to visiting different churches and choosing possible caterers. But, before you get started, you have to work on the most challenging yet most important part of wedding planning: the cost of the wedding. When planning a wedding, a couple must consider a lot of expenses. There’s the venue, the clothes, the invitations, and a whole lot of other things that you and your partner will need to spend on for the big day. Set your wedding budget from the get-go, as this will help you determine how much to pay for major expenses like ceremony and reception venues, and even minor ones, like adding an extra layer to your wedding cake. Table of ContentsWhat to Do Before Planning Your WeddingChurch Wedding vs Civil Wedding: Which Do You Prefer?Prepare Your Marriage License and Other DocumentsHow to Get a Marriage License in the PhilippinesCivil Wedding in the Philippines: Requirements and CostCivil Wedding RequirementsAdditional Civil Wedding Requirements for ForeignersCivil Wedding Costs in the PhilippinesWho Can Officiate My Civil Wedding?Church Wedding in the Philippines: Requirements and CostChurch Wedding RequirementsCost of Wedding in a Catholic ChurchWedding Budget ChecklistCost of Wedding Breakdown1. Wedding Planner / Coordinator2. Wedding Venue and Catering3. Reception4. Wedding Attire5. Hair and Makeup6. Photo and Video Coverage7. Wedding Rings8. Hotel Accommodation9. Souvenirs, Invitation, and Wedding Cake10. Other Wedding CostsFinal Thoughts What to Do Before Planning Your Wedding Before getting married, you and your partner should understand some legal aspects that you need to fulfill. According to…

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Forex Brokers in the Philippines: What New Traders Need to Know

Want to trade in the forex market to earn money from home? It isn’t as simple as it sounds. Trading foreign currencies can be very risky—the potential for losing your funds is as high as the potential for earning a profit. To help you manage risks and execute your trades, you need to find a forex broker in the Philippines before you even begin trading in the FX market. Your broker will play a critical role in your forex trading journey. Thus, it’s important to understand how forex broker Philippines works and know the best options available. Table of ContentsWhat is a Forex Broker?What Does a Forex Broker Do?Provide Easy Access to the FX MarketPerform Currency TradesHelp Beginners Learn ForexProvide LeverageGive Access to Market Information and AnalysisHow Do Forex Brokers Make Money?Bid-Ask SpreadForex Broker FeesBest Forex Broker Philippines 2020eToroFOREX.comXM GlobalIQ OptionAvaTradeFP MarketsNordFXFXTMOinvestFinal Thoughts What is a Forex Broker? A forex broker is a financial services company that works as a middleman between traders and the foreign exchange market by executing buy or sell orders placed by their clients. Aside from forex, brokers also enable their clients to trade on other assets such as stocks, indices, commodities, metals, and cryptocurrencies. Typically, FX brokers are international companies based abroad. But even without a Philippine-based headquarters, some forex brokers can serve Filipino clients because all transactions—from account opening to fund withdrawals—are done online. What Does a Forex Broker Do? Forex brokers offer a range of services that makes trading foreign currencies easier and more affordable for their clients. Provide Easy Access to the…

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Forex Trading in the Philippines: Complete Guide for Newbie Traders

Welcome to the biggest financial market in the world, the foreign exchange market or forex. This market trades over USD 5 trillion a day, making it much larger than the New York Stock Exchange (NYSE), which trades at USD 50 billion daily. While forex trading in the Philippines has not yet stepped into the limelight unlike the stock market and mutual funds, it’s still a good option to diversify your investments. Forex trading in the country may not be that big yet but it is starting to gain attention to what with the many forex trading platforms available today. Keep on reading to know more about forex trading in the Philippines and why it can be a worthwhile venture. Table of ContentsWhat is Forex Trading and How Does It Work?Different Types of Forex Market1. Spot forex market2. Forward forex market3. Future forex marketWhy Should I Consider Forex Trading?DiversificationLeverage24-Hour TradingLower feesAutomationHow Much Do Money Do I Need to Start Forex Trading?How to Trade Forex in the PhilippinesBelow is a list of online forex brokers in the Philippines:How to Place a Forex OrderPipStop OrderLimit Order5 Strategies for Forex Trading Philippines1. Day Trading2. Swing Trading3. News Trading4. Trend Trading5. Forex AnalysesFinal Thoughts What is Forex Trading and How Does It Work? Forex or foreign exchange trading is the act of buying and selling currencies. Buyers and sellers transfer currency between one another at an agreed price. Like any other kind of investment, the goal in forex trading is to make a profit. When you trade forex, you are betting one currency to increase…

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How to Open an Account and Earn Online Using Diskartech App

Do you have a bank account? You probably think that’s a silly question. But check out what the Bangko Sentral ng Pilipinas (BSP) found in their 2017 Financial Inclusion Survey: 77.4% of Filipinos still don’t have bank accounts[1]. Good thing digital banks have started to fill the gap in a major way thanks to smartphone apps, the latest of which is the DiskarTech app. Rizal Commercial Banking Corporation (RCBC) threw its hat in the ring of emerging digital banks in the Philippines with its latest launch. DiskarTech aims to add another viable option for unbanked Filipinos to finally start getting their finances together. But how does the newcomer app work? Let this extensive DiskarTech guide show you the ropes. Table of ContentsWhat is DiskarTech?What Can I Do with DiskarTech?How to Open a DiskarTech Bank AccountHow to Verify Your DiskarTech AccountHow to Earn Money with DiskarTechHow to Join the NegosyanTech Referral ProgramHow to Deposit Money to Your DiskarTech AccountHow to Deposit Money Through Partner MerchantsHow to Deposit Money Through Bank Accounts/Mobile WalletsHow to Withdraw Money from DiskarTechHow to Transfer Money with DiskarTechHow to Transfer Money to Other DiskarTech AccountsHow to Transfer Money to RCBC AccountsHow to Transfer Money to Other Bank AccountsHow to Use DiskarTech’s Helpful FeaturesHow to Pay Bills with DiskarTechHow to Buy Load with DiskarTechHow to Buy Insurance with DiskarTechHow to Avail Telemedicine Services with DiskarTechFinal Thoughts What is DiskarTech? RCBC touted DiskarTech as the first Taglish financial inclusion “super app” in the Philippines. Launched in July 2020, the app aims to make banking services more accessible to unbanked…

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How to Use Paymaya App: A Complete Guide for Newbies

PayMaya is known as one of the best reloadable prepaid cards in the Philippines, as it allows several financial transactions without the need for a credit card. It also has an app similar to mobile wallets such as GCash and Coins.ph that can help you conveniently pay your bills and purchases, send money, and avail other money services without using cash anytime and anywhere. Planning to use PayMaya? Check out this comprehensive PayMaya app guide for beginners. Table of ContentsHow to Start Using the PayMaya AppSteps to Register for a PayMaya AccountHow do I add money to my PayMaya account?Is there a fee to add money to a PayMaya account?PayMaya Cash In OptionsPayMaya Cash In via Online and Mobile Bank TransferPayMaya Cash In via Convenience Stores, Malls, and Remittance CentersHow to Get a Virtual PayMaya CardSteps to Link a PayMaya Card to PayMaya AppHow to Use PayMaya QRSteps to Pay Using PayMaya QRHow to Buy Load Using PayMaya AppSteps to Buy Load via PayMaya AppHow to Pay Bills With PayMaya AppSteps to PayMaya Bills PaymentPayMaya to PayPal: Steps to LinkSteps to Link PayMaya to PayPalSteps to Transfer PayPal Balance to PayMaya AccountHow to View PayMaya Deals and Discount OffersSteps to Access PayMaya Deals and Discount Mechanics via PayMaya AppHow to Upgrade Your PayMaya AccountSteps to PayMaya Upgrade AccountHow to Send Money to a PayMaya AccountSteps to Transfer Money Through PayMaya AppHow to Cash Out From PayMayaFinal Thoughts How to Start Using the PayMaya App Steps to Register for a PayMaya Account Before you can use any feature, you need to…

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Coins Pro Trading Basics: What You Should Know Before Buying Cryptocurrencies

Although only a minority of Filipinos currently invest in cryptocurrencies, there’s a strong interest in future investment. This is one of the findings of research[1] in 2019 commissioned by the Organization for Economic Cooperation and Development (OECD). According to the OECD report, only 32% of Filipinos owned cryptocurrencies, but 53% expressed interest in making a cryptocurrency investment in the future. The top reasons for investing in cryptocurrencies in the Philippines include knowing more about digital currencies (40%) and making money quickly (36%). If you’re among those interested in trading cryptocurrencies, you have several platforms to choose from. One of them is Coins Pro. What does this online trading platform have to offer and how is it used? Let’s find out. Table of ContentsWhat is Coins Pro?Coins Pro Philippines FeaturesCoins.ph vs Coins Pro: What’s the Difference?Advantages of Coins.ph Over Coins ProAdvantages of Coins Pro Over Coins.phCoins.ph vs Coins Pro: Which Should I Use?How Much is the Coins Pro Trading Fee?Coins Pro Fees for Monthly Trading VolumesHow to Register for a Coins Pro AccountHow to Fund Your Coins Pro AccountHow to Cash In via Coins.ph AppHow to Cash In via Coins.ph WebsiteHow to Cash In via UnionBankHow to Withdraw From Your Coins Pro AccountHow to Cash Out via Coins.ph WalletHow to Cash Out via Bank TransferCoins Pro Withdrawal LimitsHow to Trade Cryptocurrencies in the Philippines Using Coins ProHow to Buy and Sell Digital Currency via Coins ProFinal Thoughts What is Coins Pro? Coins Pro, formerly Coins Exchange (CX), is a cryptocurrency trading platform where you can directly buy and sell digital currency….

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Complete Guide to PLDT Plans for Your Internet Needs

When choosing an internet service provider, PLDT is usually the top choice of Filipinos due to their nationwide coverage and affordable plans. However, with so many providers in the market, it is important to know how to find the best internet service deal. Let’s review the available PLDT plans and how they differ. Table of ContentsPLDT Internet Plans in the Philippines1. PLDT DSL 2. PLDT Fibr3. PLDT Fibr Plus4. PLDT Home WiFiPLDT DSL vs PLDT Fibr, Which is Better?What are the covered PLDT DSL and PLDT Fibr areas?How to Upgrade from PLDT DSL to FibrHow to Apply for a PLDT PlanFor PLDT DSL, Fibr, and Fibr Plus PlansFor PLDT Home Prepaid WiFiPLDT Installation Fee and MorePLDT Lock-in Period and TerminationHow to Cancel a PLDT internet plan:Final Thoughts PLDT Internet Plans in the Philippines 1. PLDT DSL PLDT Direct Subscriber Line (DSL) is an internet service that uses telephone lines to connect to the web. DSL plans use copper technology and have a download speed of up to 20MB per second. It is best suited for anyone who uses the internet for basic activities such as surfing the web, sending or receiving emails and images, and downloading e-books. Here are the available PLDT DSL plans: 2. PLDT Fibr PLDT Fibr is PLDT’s most powerful broadband internet ideal for households. This PLDT internet plan has Fiber-to-the-Home (FTTH) technology, allowing everyone in the household to have the same download and upload speed up to 1GB per second. Here are the available PLDT Fibr plans: PLDT Fibr Application Requirements: When applying for a PLDT…

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How to Use PESONet: Guide for Businesses and Individuals

Apart from paying bills and purchasing items online, you can now use your smartphone to transfer money in bulk. That’s right. Imagine, you can even send your employees’ salaries online. How? By using the Philippine EFT System and Operations Network or PESONet. Launched in 2017, PESONet Philippines allows users to transfer money to another bank or non-bank institution that also uses the facility. Keep on reading to more about the system and how you can use it to send money. Table of ContentsWhat is PESONet?How Does PESONet Work?Benefits of Using PESONet PhilippinesList of PESONet Banks and Financial InstitutionsCommercial and Universal BanksThrift BanksRural BanksElectronic Money IssuersWhat is the Transfer Limit for PESONet Transactions?PESONet Clearing TimePESONet Transfer FeesHow to Use PESONet PhilippinesHow to Transfer Money via PESONetHow to Receive Money via PESONetPESONet vs InstaPay: What are the Differences?PESONet Philippines FAQsIs PESONet secured?Do I need to enroll the receiver’s account?How will I know if my transaction is successful?What happens if I received a transfer error?What if I entered the wrong account number?Can I use PESONet to transfer money overseas?Can I use PESONet to pay bills?Final Thoughts What is PESONet? PESONet[1] is a batch electronic fund transfer (EFT) credit payment scheme, which serves as an alternative to a paper-based check system. PESONet fund transfers are processed in bulk and cleared in batch intervals. There is no transfer limit with this fund transfer service. However, transferring money isn’t real-time. The receiver will get the transferred fund within the same business day, as long as the sender transfers the amount within the cut-off of their respective…

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Retirement Fund 101: Plan, Save and Invest for Early Retirement

Only 20% of Filipino senior citizens are covered by either an SSS or GSIS pension, which means more than seven million retirees have no funds to cover their retirement needs[1]. While it’s easy to ignore retirement when you’re a young adult, it’s still an investable scenario that everyone should be prepared for. This is where a retirement fund and retirement planning come in. Table of ContentsWhat is Retirement Planning?What is a Retirement Fund?When to Start a Retirement Fund?How Much Retirement Fund Do I Need?Is Retirement Fund Taxable?The Importance of a Retirement FundSteps to Building a Retirement Fund1. Build an Emergency Fund2. Pay Off Your Debts3. Create a Budget4. Set Goals5. Start saving nowTypes of Retirement Funds in the Philippines1. Pension Plans2. PERA Investment3. Insurance Plans4. Investment Funds5. Real Estate6. Mutual Funds7. Unit Investment Trust Fund (UITF)8. Exchange-Traded Funds (ETF)Final Thoughts What is Retirement Planning? Retirement planning means preparing and managing your finances for life after you stop making an income. The process involves the following: Identifying your desired retirement age Estimating the amount you need for your years of retirement Determining the source of your retirement income Identifying your retirement lifestyle Retirement planning can help you pay for emergencies you may encounter during your golden years or even tick off items in your bucket list. What is a Retirement Fund? After planning for your retirement, you need to create a retirement fund. This is any plan, fund, or scheme that will provide you retirement income. A retirement fund will help you pay bills and maintain your desired lifestyle even after…

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Pag-IBIG MP2 Guide: How to Enroll and Invest in MP2 Savings Program

Looking for more ways to grow your money over time? The Pag-IBIG MP2 savings program is worth considering. The government-backed savings scheme isn’t like any typical savings account—it’s a low-risk yet high-return investment. With the Pag-IBIG Fund’s great financial performance every year, MP2 investors can rest easy knowing that their funds are being managed well. This is among the reasons the MP2 program has become increasingly popular in recent years. So much so that MP2 savings collected by Pag-IBIG went up by 176%[1] on January to September 2019 from the same period in 2018. Interested? Here’s what you need to know about Pag-IBIG MP2 and how to apply for and invest in the savings program. Table of ContentsWhat is Pag-IBIG MP2?Pag-IBIG MP2 Key FeaturesWho Can Enroll in the MP2 Program?How to Apply for Pag-IBIG MP2Pag-IBIG MP2 Online Enrollment ProcedurePag-IBIG MP2 Manual Enrollment ProcedureHow to Invest in Pag-IBIG MP2Pag-IBIG MP2 Modes of PaymentWhere to Pay Pag-IBIG MP2 ContributionsHow to Check Your Pag-IBIG MP2 Savings OnlinePag-IBIG MP2 Savings Program FAQs1. Where are Pag-IBIG MP2 contributions invested?2. How much dividends will I earn from my MP2 savings?3. How will I receive my MP2 dividends?4. Can I withdraw my MP2 savings before its maturity?5. Can I enroll a new MP2 savings account after maturity?6. What will happen if I don’t claim my dividends?Final Thoughts What is Pag-IBIG MP2? The Modified Pag-IBIG II, better known as MP2, is an optional savings program for current and former Pag-IBIG Fund members who want to grow their savings in addition to their Pag-IBIG regular savings. Pag-IBIG MP2 Key…

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