All Articles With Category : Personal Finance

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

7 Best Websites to Get Baby Essentials in the Philippines

In a few months, the baby bump that keeps on surprising you with kicks and pops will finally be getting out of your womb. Although you’re scared at the thought of giving birth, you’re excited and happy that a new member of the family is coming.  And you’re ready! You know how much it costs to raise a child in the Philippines. And you’ve already started with your ipon challenge to buy your baby essentials. But with stricter measures against the increased cases of the new COVID-19 variant,[1] it’s better to start looking for baby stores in the Philippines online where you can get newborn essentials safely.  We’re joining you in this mommy milestone, so we’ve prepared this list of the best online baby shops where mommies can buy baby essentials without leaving home.  Table of ContentsOnline Baby Store in the Philippines: 7 Best Options for Expecting Parents1. Edamama2. Babymama.ph3. Urban Essentials4. Milk & Honey5. Kidoozi6. Tiny Buds Baby7. Babycloset.phSome Baby Essentials Shopping Tips for Mommies1. Declutter2. Shop Around3. Buy Only What You Need 4. Barter or Borrow5. Buy Things One at a TimeFinal Thoughts Online Baby Store in the Philippines: 7 Best Options for Expecting Parents 1. Edamama If you’re looking for a baby store in the Philippines with the best deals for kids of all ages, then head to Edamama.[2] Built by mamas, aspiring mamas, and kids-at-heart, Edamama is a collective effort of a diverse group of individuals to help parents make better decisions.  What You’ll Love About Edamama Edamama caters to mommies and kids of all ages. You’ll…

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College Scholarships in the Philippines Parents and Students Should Know

Did you know that a student from Isabela recently received a scholarship from Duke University[1] in Durham, North Carolina? Edrian Paul Liao, a Philippine Science High School graduate, dreams of creating innovations combining technology with agriculture to help farmers like his dad. Edrian’s story can be every Filipino student’s story, too, if you start searching for the right scholarships in the Philippines. It’s interesting to know that there are scholarship programs for incoming college students in the Philippines. You need not look far for financial assistance to pursue your dreams because we’ve compiled as many scholarship grants as we can, both from government agencies and private institutions. Table of ContentsWhat are the Available Scholarships in the Philippines for 2021?Government Scholarships for College Students in the PhilippinesPrivate Scholarships for College Students in the PhilippinesHow to Get a 100% Scholarship in the Philippines1. Prepare in Advance2. Start Collecting the Required Documents3. Learn More about the Scholarship ProgramOther Tips to Get Approved for a Scholarship1. Search for Scholarships Online and Apply Early2. Plan Ahead3. Prepare Well for Interviews and Entrance Exams4. Be Firm and Consistent What are the Available Scholarships in the Philippines for 2021? Government Scholarships for College Students in the Philippines CHED Scholarship 2021 The Commission on Higher Education (CHED) is currently accepting applications for scholarships and grants for SY 2021-2022 under the State Scholarship Program (Full Scholarship and Partial Scholarship) and Private Education Student Financial Assistance (PESFA). Deadline of application: August 15, 2021 Total benefits: PHP 120,000 for private colleges and universities PHP 80,000 for public colleges and universities Primary…

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How Much Money Should I Save for a Child’s Education?

Have you started saving for your child’s future? If so, are you saving enough? To say that the cost of education in the Philippines is expensive is an understatement. Higher Education Institutions in the country increase their tuition and other fees by about 10% year-over-year.[1] However, financially preparing for your kid’s future is doable, if you do it early. You might think that tuition fees in the Philippines have become lower because students don’t go to school physically and are instead taking distance learning or online learning classes at home during the pandemic. However, this is not the case for most schools because other facilities like internet connection and equipment need to be upgraded to facilitate online classes. As we all look forward to the reopening of classrooms for face-to-face instructions, ask yourself: How much do I really need to prepare for my child’s education? Table of ContentsThe Differences Between Private Schools and Public SchoolsHigher Tuition Fees in Private SchoolsBetter Facilities in Private SchoolsLarger Class Sizes in Public SchoolsDifferences in the Medium of InstructionHow Much Do Tuition Fees in the Philippines Cost?Average Annual Tuition Costs in Private SchoolsTuition Fees of Top Universities in the Philippines 1. Ateneo de Manila University2. De La Salle University3. University of the Philippines Diliman4. University of Santo Tomas5. University of San Carlos6. University of Asia and the Pacific7. Silliman University8. San Beda University9. Mapua University10. De La Salle College of Saint BenildeThe Different Factors Affecting the Cost of Education1. Your Target School and Course2. Your Target School’s Current Tuition3. Number of Years Until Your Child…

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How Digital Banking Can Help You Today: Top Questions Answered by Experts

Digital banking is not just a financial buzzword these days. Just ask the recent Visa Consumer Payment Attitudes study[1], which found that Filipino’s interest in digital banking services increased to 80% compared to last year’s 70%. But for some reason, some Filipinos are still confused about the entire concept. Got any digital banking questions that need answering? The recent Moneymax Digital Banking Forum “How Digital Banking Can Help You Today sought to answer those questions two weeks ago. It featured some of the country’s experts in the financial services industry: Moneymax Co-General Manager Pearl Gonzales, CIMB Bank Philippines CEO Vijay Manoharan, Tonik President and Country Head Maria Lourdes “Long” Pineda, and RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva. If you missed it and you don’t have an hour to spare, don’t worry! We’re recapping the entire talk for you below. Table of ContentsA Quick Background of the Digital Banking Apps in PHWhere did Tonik’s brand name come from?What inspired DiskarTech’s Taglish initiative?How did CIMB come up with an octopus mascot?The Biggest Digital Banking Questions AnsweredHow should everyone define digital banking?Is digital banking counterproductive?What makes each digital bank unique?Your Top Digital Banking Questions Answered by ExpertsHow can we prevent digital scams?What is the impact of the National ID system on the digital banking landscape?How does a slow internet connection affect banking services?What is the best banking platform for students to use: online banking, digital banking, or e-wallet?Answering Other Digital Banking QuestionsWhat age is allowed to open a digital bank account?How do I open a DiskarTech account if…

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11 Money Lessons from Financial Advisors in the Philippines

With people looking for ways to manage their debts and invest their hard-earned money in worthwhile places, you can always look to these financial advisors in the Philippines for advice. Learn important money lessons from the experts and take control of your finances.  Table of ContentsMoney Lessons from the Top Financial Advisors in the Philippines Quotes About Budgeting, Saving, and Money Goals Quotes About Spending and DebtsQuotes About InvestingQuotes About Financial FreedomFinal Thoughts  Money Lessons from the Top Financial Advisors in the Philippines  From saving money, budgeting, and earning extra income to managing debts and achieving financial freedom, these financial advisors in the Philippines have lots of financial wisdom to share.  Quotes About Budgeting, Saving, and Money Goals  1. “Be open. Explore. Focus on ways of creating multiple income streams… one by one.” – Omeng Tawid, financial blogger and speaker at Smart Pinoy Investor[1] Everything is so expensive these days. Even if you have a stable income, there’s not a lot of money left after paying off the bills. Sometimes, you even have a negative balance. This is why you need a side hustle to create multiple income streams and help you meet your financial goals.  Aside from your monthly salary, you can also earn through profits from your small business, the interests of your savings accounts, or the dividends of your investments. If you have properties, you can also earn from rental income or capital gains. For the creatives, you can also earn from royalties or from the internet when you create and post your own content.  Read more: 15 Financial…

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PCSO Lotto in the Philippines: Your Guide to Playing and Claiming Lotto Winnings

Winning the lotto is a fantastic dream if you’re optimistic or a grand plan if you’re persistent and willing to spend a lot of money on chance. Regardless, the fact remains that the odds of being a multi-millionaire by betting on your lucky numbers are elusive. But that doesn’t mean that you shouldn’t try like the millions of Filipinos hoping for a better and much more comfortable life. You can’t deny that the lotto culture is big here in the Philippines. Even those who don’t usually join in games of chance will gladly play the lottery if the pot prize happens to be inconceivably big. If it’s your first time playing the lotto, you’ve come to the right place. We’ve pulled together a simple yet informative guide on playing the game. And because there’s a chance (albeit rather small, let’s face it) that you may win, we’ve also come up with a short guide on how to claim lotto winnings. Table of ContentsWhat is PCSO?How Does Lotto Work in the Philippines?How Can I Play the Lotto?How to Play the Lotto During the PandemicWhat is the Probability of Winning the Lotto?What to Keep in Mind When Spending on Lottery TicketsWhat Should I Do If I Win the Lotto?1. Ensure You Have the Winning Numbers2. Sign Your Winning Ticket3. Secure Your Lotto Ticket4. Take Your Time Before Claiming Your PrizeHow to Claim Lotto Winnings in the Philippines4 Steps to Claim PCSO Lotto PrizeHow Should I Manage My Money After Winning Lotto?1. Protect Your Identity2. Do Nothing for a While3. Don’t Upgrade Your…

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Transferring or Receiving Money? Check This Complete SWIFT Code and Bank Code List

When making international money transfers, you’re usually required to enter the bank SWIFT code (or bank code for PayPal transactions). Just what are these codes and what are they used for? How can you find them? Fortunately, these unfamiliar codes are actually simple to decode. This guide provides everything you need to know from SWIFT code meaning to the different SWIFT codes and bank codes in the Philippines. Table of ContentsSWIFT Codes (BIC) in the PhilippinesWhat is SWIFT Code?When Do You Use a SWIFT Code? How to Find Your Bank’s SWIFT CodeBank Codes (BRSTN) in the PhilippinesWhat is a Bank Code?When Do You Use a Bank Code?How to Find the Bank CodeBank Codes of Philippine BanksFinal Thoughts SWIFT Codes (BIC) in the Philippines What is SWIFT Code? The SWIFT code is an international code used for identifying business parties—usually banks—and routing financial transactions worldwide. This ensures that funds are transferred quickly and securely to the right bank. This code is also known as BIC (Business Identifier Code), BIC code, SWIFT-BIC, or SWIFT ID. It consists of eight to 11 characters with the following format: Four-character bank code Two-character country code Two-character location code Optional three-character branch identifier For example, BPI SWIFT code: BOPIPHMM BOPI = Bank of the Philippine Islands PH = Philippines MM = Metro Manila SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication, a network based in La Hulpe, Belgium that manages SWIFT codes. Read more: Types of Bank Accounts in the Philippines: Which One is Right for You? When Do You Use a SWIFT Code? The BIC tells…

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Newborn Checklist in the Philippines: Are You Financially Prepared to Get Pregnant?

A baby is always a blessing. But what if you’re not financially prepared to cover pregnancy and child-rearing costs? Given the rise in teenage pregnancy and the stricter implementation of health protocols, is it advisable to have a baby during a pandemic?  Learn more about the newborn checklist in the Philippines. Know the things you need to prepare before giving birth and find out the cost of having a baby in the Philippines as well.  Table of ContentsOB-Gyne Check-up Cost Before PregnancyNewborn Checklist in the Philippines 2021 (Plus Costs During Pregnancy)First Trimester (0 to 3 months) ExpensesSecond Trimester (Months 4 to 6) ExpensesThird Trimester (Months 7 to 9) ExpensesExpenses for 0 to 1 Year Old  What’s the Cost of Having a Baby in the Philippines?Final Thoughts OB-Gyne Check-up Cost Before Pregnancy Approximate cost: PHP 5,000 (depends on your potential health risks and frequency of doctor visits) Pre-pregnancy involves a few visits to the doctor. This will help identify medical issues that could affect your pregnancy so that you can take precautions and avoid complications. The doctor will ask about your pregnancy history (if any), medical history, current health issues, diet, lifestyle, and medications or supplements you’re taking. During these consultations, you can also ask about staying safe during the pandemic and even share your mental health concerns.  These pre-pregnancy consultations are not mandatory except for women 35 years and older who have the following conditions: Underweight or overweight High blood pressure, or heart or kidney disease Sexually transmitted infection Chronic conditions, like diabetes, lupus, or HIV/AIDS At the risk of…

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Be Productive During Lockdown and Learn These New Skills

With the extra time saved not traveling to work and not going anywhere on weekends, you can learn new skills that are profitable and in demand. And if you get really good at it, you can do it as a side hustle or even as a full-time job. If you’re employed, it can also boost your chances of getting that well-deserved raise or promotion.  Ready to learn new skills, especially money-making ones? Check out this list of the best skills to learn to make money, as well as the essential soft skills you should have to land that new client or job.  Table of ContentsBest Skills to Learn to Make Money1. Digital Marketing2. Web Development3. Search Engine Optimization (SEO)4. ‍Content Writing5. Social Media Management6. Culinary7. Photography8. Video Editing9. Financial PlanningSoft Skills that Make Money1. Adaptability2. Critical Thinking 3. Business Communication4. Creativity5. Emotional Intelligence Final Thoughts  Best Skills to Learn to Make Money There are many skills that make money, but not all of them will hold your interest for a long time or be as profitable as people claim. If you want to learn new skills to earn more and give you more career opportunities in the future, make sure it’s a mix of hard and soft skills. You can acquire hard skills (also called technical skills) through education, practice, and repetition, while soft skills are behavioral and related to personality.[1] Stay productive during the lockdown and boost your income flow with these highly profitable skills.  1. Digital Marketing In this era of digital transformation, digital marketing skills are essential for businesses….

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LGBTQ Financial Planning: How This Couple Manages Their Money Wisely

They met in 2008 and quickly struck up a friendship when they realized they were both from the same neighborhood in Bulacan. The rest, as they say, is history.  They’ve been happily in a relationship and living together for 13 years now. They’re both working at Moneymax, too. Jhayson Opimo is a Performance Coach, and Warlough Madali is a Sales Manager.   To close out Pride Month in the Philippines, this money-savvy couple shared their lessons and experiences navigating their way through LGBT financial planning and wealth management. If you’re an LGBT single or couple with questions about LGBT finance, learn and be inspired by Warlough and Jhayson’s story.  Table of ContentsBudgeting and Cash FlowMoney’s Not an Issue Shared Payments and Combined Savings  Savings Goals and Sacrifices Saving is Easy But…Investments Short-Term vs. Long-Term InvestmentsDiversity Fruits of Their Labor Recommended Learning Resources for Stock Investing  Life InsurancePartners as BeneficiariesHealth InsuranceRetirement Preparing for their Golden YearsFinancial Planning RoadblocksAchieving Financial Goals Together Consistency is KeyThe Best Thing About Their Relationship Best Financial Advice to LGBT Couples Final Thoughts  Budgeting and Cash Flow Warlough and Jhayson had completely different views about money early in their relationship. Maybe because they came from different family backgrounds, and Warlough is older by 10 years and had more experience with money management.  Jhayson was at that stage where he wanted to enjoy what he earned. He didn’t think much about saving and budgeting. Warlough, on the other hand, was done with the mindless spending and the happy-go-lucky stage. He was taking his finances more seriously.  But with Warlough’s encouragement and help, Jhayson began to be more conscious of his…

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LYKA App: What is It and How Does It Work?

Note: The payment operations of LYKA are suspended following an order from the Bangko Sentral ng Pilipinas (BSP) issued on July 23, 2021. The BSP requires the company to register as an operator of payment system (OPS) and reminds the public to deal only with BSP-registered OPS. This means you can transact with LYKA only when it has complied with the BSP’s requirement. According to the Digital 2020 Global Overview Report, internet users in the Philippines spend an average of 9 hours and 45 minutes per day online.[1] And as internet lovers, Filipinos just keep discovering new social media trends and platforms. In recent years, Pinoys have discovered the delights of new social apps like TikTok and Kumu. But what has captured the attention of many this year is the LYKA app. Many observers and social media pundits believe that the app’s boom this year started when YouTube star Ivana Alawi vlogged about how she was able to buy her mom a new Ford car using the rewards she earned on LYKA. Intriguing, right? Learn more about the LYKA app and how it works in this article.  Table of ContentsWhat is LYKA?What Does the LYKA App Do?LYKA App FeaturesWhat are the Benefits of Using the LYKA App?What are LYKA GEMs?Do LYKA GEMs Have Actual Value?How Do You Get LYKA GEMs?Can I Convert LYKA GEMs to GCash?How Can Businesses Benefit from LYKA App?Is LYKA App Safe to Use?Should I Download the LYKA App?Final Thoughts What is LYKA? LYKA is a free social media platform that allows users to discover new material,…

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6 Ways to Get Out of Debt Faster Despite Having Low Income

Debt is an issue that many people contend with. The more you borrow, the harder it is for you to pay. The higher your debt, the more complex your life becomes. A lot of Filipinos are still wondering how to get out of debt on a low income. And the answer is not simple. Paying off debts sounds easy for those who are earning more than the minimum wage. But what if you’re living paycheck-to-paycheck, and you barely have enough left to settle outstanding debts? Dealing with debt when you have a low income is a difficult task. However, according to Lisa Aberle of Get Rich Slowly, “You have to be determined to challenge your comfort zone because no matter how uncomfortable it may seem now, challenging your status quo is hard.” It doesn’t matter how hard it is to get out of the debt trap. What matters is your will to break free from the agony of debt repayments. Table of ContentsThe Problem: Having a High Debt-to-Income RatioHow to Calculate Your Debt-to-Income RatioThe Bad Triggers: What Causes Borrowers to Stay in Debt?1. Debt Repayment is Not a Priority2. No Prepared Budget Plan3. Uncontrolled Spending4. Keeping Up with the TrendThe Challenge: How to Get Out of Debt on a Low IncomeThe Action: Budgeting, Spending, and Other Ways to Pay Off Debts1. Evaluate Your Situation2. Create a Spending Plan3. Find an Additional Source of Income4. Don’t Get a New Debt5. Consider Debt Consolidation or Balance Transfer6. Reduce Your ExpensesFinal Thoughts The Problem: Having a High Debt-to-Income Ratio Someone gets into debt…

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Be Debt-Free: Why You Should Start Paying Your Debts Now

The pandemic taught us a lot of lessons, including the importance of being financially prepared at all times. With about 7.3 million Filipinos retrenched[1] since the start of the lockdown in 2020, you can no longer say “Bahala na si Batman” and leave everything to chance. The reality of poverty and mounting debts can haunt you while you fight the fear of contracting the coronavirus. And if the pandemic has triggered you to borrow money to survive, it should also be the same reason to pay back what you borrowed. Nobody knows when we’ll be facing yet another crisis like COVID-19. So, as we all shift towards the new normal, let’s plan out a financial goal and enjoy the benefits of debt-free living. Table of ContentsWhat is the Difference Between Good Debt and Bad Debt?Should You Pay Your Debt, Save, or Invest?Situation 1: Pay your debt first if the interest and fees are highSituation 2: Save the money if you’re on a fixed interest loan agreementSituation 3: Invest your money if the potential return is higherWhy Should You Start Paying Your Debts?: 5 Benefits of Debt-Free Living1. Being Debt-Free Gives You Peace of Mind2. You Can Plan for the Future3. You Can Start an Emergency Fund4. You Can Start Owning Assets5. Being Debt-Free Improves Your Credit ScoreHow to Achieve Debt-Free Living1. List Down All Your Debts2. Apply for Balance Transfer or Debt Consolidation3. Look for Ways to Earn Additional Income4. Live Within Your MeansFinal Thoughts What is the Difference Between Good Debt and Bad Debt? Debt is debt no matter…

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32 Micro and Small Business Ideas You Can Start with Low Capital in 2021

Because of social media and the changing interests of consumers, demand for products and services continues to grow. Filipinos are more open to new brands and establishments, allowing the business industry to flourish more quickly. In fact, over 99% of registered businesses in the Philippines are micro, small, and medium enterprises (MSMEs).[1] This number may have grown during the lockdown as more small businesses launched online. You can be your own boss and grow your finances by starting your own business venture. Here are some small business ideas in the Philippines you can set up even with low capital. Table of ContentsSmall Business Ideas in the Philippines You Can Start with 10kHomemade Beverage or Palamig BusinessHome-Cooked Meals Cellphone Loading BusinessSmall Business Ideas in the Philippines You Can Start Under 20kFruit and Vegetable Business Meat ShopPlant ShopLugaw / Arroz Caldo/ Goto BusinessBarbecue Stand / Ihawan BusinessMilk Tea BusinessFace Mask BusinessSmall Business Ideas in the Philippines You Can Start Under 50kBeauty Products Reselling BusinessOnline Tutoring BusinessPiso Wi-Fi Vending MachineVloggingWeb Design BusinessOnline Fashion BoutiqueCake and Pastry BusinessBills Payment BusinessPersonal Shopping Services Small Business Ideas in the Philippines You Can Start Under 100kBicycle Shop BusinessCar WashDelivery/Courier ServicesHave a Bigger Budget? Here are More Negosyo Ideas Meal Plan and DeliveryHome Cleaning and Repair ServicesHair and Grooming Home ServicesGraphic Design and Video Editing BusinessLocal Grocery Store BusinessT-Shirt Printing BusinessLaundry Shop BusinessPest Control Services Food Cart FranchiseWater Refilling StationFinal ThoughtsFund Your Small Business with a Personal Loan Small Business Ideas in the Philippines You Can Start with 10k Homemade Beverage or Palamig Business Start-up cost: PHP 500 to PHP…

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SEC Warning: Don’t Fall for These Investment Scams in the Philippines

The financial repercussions of this pandemic have certainly brought scammers and fraudsters to the fore. Since the start of 2021, the Securities and Exchange Commission (SEC) in the Philippines was able to identify 28 entities already with malicious business transactions found to be soliciting investments from the public without the appropriate certificate of registration to sell securities.[1] In this article, find out what these investment scams in the Philippines are and how the SEC is working to protect Filipino investors from them.   Table of ContentsHow the SEC Protects You from Investment Scams in the Philippines1. Issues Warnings Against Fraudulent Companies2. Registers Legitimate Companies3. Suspends Scammers with Cease and Desist Orders (CDOs)4. Files Criminal Charges Against Unregistered Companies5. Gives the Authority to Solicit InvestmentsHow to Check If an Investment Company is Legitimate in the PhilippinesHow You Can Spot Investment Scams in the Philippines1. Effortless and Impressive ROIs2. Name Changing3. Recruitment Model4. Complicated Investment Plans 5. No Physical Office Examples of Investment Scams in the Philippines Advance Fee ScamPyramid ScamPump-and-DumpCoaching SchemesWahana Investment ScamMasa Mart Investment ScamWhere Can I Report Investment Scams in the Philippines?FAQs on SEC Registration and Investment Companies1. Is the International Marketing Group Registered in the SEC?2. Where can you check investment companies with SEC registration in the Philippines?3. Is there any way to see a list of scammers in the Philippines?Final Thoughts  How the SEC Protects You from Investment Scams in the Philippines As the registrar and overseer of the Philippine corporate sector, the SEC has power and holds many functions in corporations, partnerships, or associations. Here are the things the SEC…

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40 Money-Saving Tips for Everyone: The Ultimate Financial Hacks List

It’s easy to declare that you’re going to be more financially responsible from now on. But once you start going down the right path, you’ll find out that it’s not as easy as it sounds. In a country like the Philippines, money isn’t as easy as working hard. Sometimes, you have to keep reminding yourself with small nuggets of money-saving tips.  And luckily, that’s exactly what we did. We made a list of formidable financial hacks that can help inspire you to lead a healthier financial life, one step at a time. Table of ContentsBest Money-Saving Tips for Everyone1. Make a budget for everything2. Practice comparing prices3. Take care of your health4. Build your emergency fund ASAP5. Add purpose to your saving goals6. Find daily inspirationBest Money-Saving Tips at Home7. Buy energy-efficient appliances 8. DIY techniques can help you save9. Recycle your old and unused stuff 10. Rent out extra rooms for extra income11. Get rid of your cable and landline subscriptionBest Money-Saving Tips Online12. Enroll your bank accounts online13. Open a digital bank account14. Download money management apps15. Wait for online sales and discounts 16. Turn off autofill features on your devicesBest Money-Saving Tips for Families17. Educate your kids on saving money18. Choose generic over branded medicine19. Choose a fuel-efficient car20. Don’t be afraid to apply for a personal loanBest Money-Saving Tips for Millennials21. Get yourself a credit card 22. Follow the 48-Hour Rule23. Minimize your food delivery spend24. Look for ways to earn extra incomeBest Money-Saving Tips for Students25. Open a bank account 26. Avoid vices like smoking and drinking alcohol 27. Join viral…

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[Battle of the Brands] Globe vs Smart: Which is the Better and Faster Mobile Network?

It’s either you’re a Globe user or a Smart loyalist—that’s the reality many of us have faced for the longest time. After all, these two telecommunications juggernauts are the only ones dominating the game. Globe Telecom, which is owned by the Ayala Corporation, is undoubtedly one of the biggest and most profitable companies in the country. As of 2020, it has more than 76 million subscribers.[1] PLDT-owned Smart, on the other hand, rallies behind. Yet, it racked up 72 million users last year.[2] But things are certainly about to change with the entry of DITO Telecommunity, the third major telco player. It has already launched its data and basic text and call services, and it may start offering broadband services come 2022.[3] But for now, let’s just focus on the duopoly of Globe and Smart. This edition of the Battle of the Brands will compare the two networks’ prepaid and postpaid mobile services. This comprehensive Smart vs. Globe guide will help you decide whether it’s much wiser to stick with your current network or make the switch. Additionally, we’ve also looked into the travel SIM packages offered by these companies to help OFWs/balikbayans and foreign tourists decide which service is much better for them. Table of ContentsSmart vs Globe Prepaid ServicesPrepaid RatesCall and Text PromosSurf-Only PromosCombo PromosSmart vs Globe Postpaid PlansSIM-Only Postpaid PlansPostpaid Plans with Device4G AvailabilitySmart vs Globe: Mobile Data Connection SpeedMobile Video ExperienceDownload SpeedUpload SpeedGames ExperienceSo, is Smart Faster than Globe?Smart vs Globe Travel SIMWhat is the Best SIM Card to Use in the Philippines?Smart vs Globe: Final…

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6 Important Things Our Dads Taught Us About Money

Some of the most important money lessons we’ll ever learn come from our fathers. As our main provider growing up and our first financial advisor when we were starting out in our careers, our dads have plenty of sound financial advice. How we earn, spend, save, and invest―money lessons from dad guide us in our own financial journey.  To celebrate and honor the main men in our lives this Father’s Day, we recently had a chat with our colleagues at Moneymax and asked the biggest financial wisdom they learned from their dads. Some of these you’ve probably heard from your own father, too, so read and be inspired.   Table of ContentsMoney Lessons from a Father to His SonInvest and Save Up for Your Own BusinessBuy Only What You NeedDon’t be Afraid to Take Risks Life Lessons from a Father to His DaughterPrepare for Life’s EmergenciesThere’s Value in Delayed Gratification Save Up to Buy What You Want Final Thoughts  Money Lessons from a Father to His Son A son’s relationship with his father is one of the most important, if not the most important, relationships he’ll ever have. It evolves over time, filled with many lessons imparted and experiences shared. Furthermore, sons model themselves after their father’s character.[1] For Jeron, Ras, and Ricky, here are some money lessons they’ve learned from their dads.    Invest and Save Up for Your Own Business Moneymax’s Business Analyst, Jeron Legaspi, is a man of few words, much like his dad whom he describes as a quiet man. “My father is deaf, so we don’t really talk too…

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What You Need to Know About COVID-19 Vaccines in the Philippines

The development of coronavirus disease (COVID-19) vaccines is a huge help in the fight against this global pandemic. With a COVID-19 vaccine in the Philippines, people can get protection from severe symptoms that usually lead to hospitalization or death.   As of this writing, there are 1,300,349 COVID-19 cases in the country and a total of 22,507 deaths.[1] The Philippine government is aiming to achieve herd immunity against COVID-19 by 2023.[2] Herd immunity or community immunity occurs when a high percentage of the community is immune to a disease (through vaccination and/or prior illness), making the spread of this disease from person to person unlikely.[3] Table of ContentsWhat is the COVID-19 Vaccine? Is It Safe to Get the COVID-19 Vaccine?Who Will Get Vaccinated First? COVID-19 Vaccination Program Prioritization FrameworkWhere to Register for Free COVID-19 Vaccine in Metro ManilaCOVID-19 Vaccine Price List in the PhilippinesAvailable Brands of COVID-19 Vaccine in the PhilippinesSinovacPfizer–BioNTechOxford–AstraZenecaSputnik VFAQs on COVID-19 Vaccines in the Philippines1. Has anyone caught COVID-19 after getting the vaccine?2. Do I still need the vaccine if I already had COVID-19?3. What are the side effects of the COVID-19 vaccine?4. Is COVID-19 vaccination mandatory?5. What should I do on my vaccination day? 6. Can the private sector procure COVID-19 vaccines?Some Things to Remember on Your Vaccination DayFinal Thoughts What is the COVID-19 Vaccine?  The COVID-19 vaccine provides acquired immunity against severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus causing COVID-19.  In general, vaccines work by helping your body develop an immunity to germs or viruses. Vaccines mimic these germs and viruses. As a result, your…

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Profitable Business Ideas You Can Start at Home

For some of us, a 9-5 office job is just a means to an end, with being our own boss as the goal. This is why more and more people are either freelancing or starting their own businesses. In fact, 2% of the Filipino population are freelancers as of 2018.[1] Small enterprises also take up over 9% of the total businesses in the country. And since the pandemic started, the number of registered online businesses in the country also surged from 1,700 (in January to March 2020) to 75,000.[2]  Maybe it’s time for you to explore those home-based business ideas and start one today. Like any business, it can be challenging. You have to consider your skills, target market, and capital before starting a business. But if you want to jump-start your dream of becoming your own boss, you can start exploring some profitable home-based business ideas.  Table of ContentsWhat is a Home-Based Business?Why Should You Consider Having a Home-Based Business?1. No Need to Commute or Drive to Work2. Lower Startup Costs3. Lower Overhead4. Less Risky5. More Freedom and Flexibility 6. Do Something You Love7. Opportunity for Self-Discovery and Self-Growth8. Unlimited Income PotentialDisadvantages of Having a Home-Based Business1. Uncertain Income2. Reduced Benefits3. More Distractions 4. Can Interfere with Your Family Life 5. More Work What is the Best Home Business to Start?20 Profitable Home-Based Business Ideas in the Philippines1. Sari-Sari Store2. Merienda Business3. Online Selling4. E-loading Business5. Baking Business6. Online Tutoring7. Graphic Design Business8. Bills Payment Business9. Tailoring Services10. Digital Marketing Agency11. Homemade Products Business12. Rice Retailing or Bigasan13. Blogging14. Accessories Business15. Writing Services16….

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