All Articles With Category : Personal Finance

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

7 Financial Goals to Attain Before You Reach 30

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

Read More

6 Things to Consider When Choosing the Right Bank for You

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

Read More

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

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

Read More

Best Coworking Spaces for Freelancers and Startups in the Philippines

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

Read More

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

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

Read More

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

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

Read More

7 Money Habits of Highly Successful Millennials

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

Read More

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

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

Read More

Moneymax’s Parent Company, CompareAsiaGroup, Raises $20M in Experian-led Series B1 Investment

CompareAsiaGroup, Moneymax’s parent company, welcomes Experian as a new investor, leading the latest US$20 million first close of our Series B1 round of funding alongside a strategic partnership. What is Experian? Experian is the world’s leading global information services company. They empower consumers and their clients manage data with confidence. They help individuals to take […]

Read More

14 Things You Should Know About Time Deposits in the Philippines

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

Read More

What Student Discounts are Available in the Philippines?

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

Read More

Build Your Financial Freedom: How to Start an Emergency Fund

By now, you already know the importance of setting aside money for your savings. But what about an emergency fund? Aside from saving for the far future, it’s also advisable to save money for emergencies in the near future. You might end up with a medical emergency or you might end up losing your job. […]

Read More

5 Years of Moneymax with Michael Benavidez

In the past five years, Moneymax has helped millions of Filipinos compare and choose the right car insurance, credit card, and loan. Our goal is to make the number bigger in the next five, 10, or even 30 years. While doing this, we ensure that you, our client and reader, receive the best service and […]

Read More

Investments in the Philippines You Can Start with Just P1,000

What would you do if you win PHP 1 million right here, right now? You’d probably start splurging your winnings by buying gadgets, clothes, and other unearthly luxuries. Ask this question to others. You’d probably hear a few people respond with “investments.” And the truth is that you should follow their lead if you want […]

Read More

5 Years of Moneymax with SGI Philippines

“Helping Filipinos live healthier financial lives” is the ideal that Moneymax lives by. For five years we’ve been working hard to improve our platform and services to help you find the right car insurance, credit card, and loan. We do this by helping you compare products from insurance companies and banking institutions. However, presenting these […]

Read More

Online Banking in the Philippines: The Benefits of Going Cashless

It’s interesting how online banking still gets a bad rap in a country full of internet users. Despite the distrust, the Philippines is slowly adapting to a cashless economy. According to a recent PayPal survey, 25% of Filipino consumers are already using online payment methods in their everyday transactions. Slowly but surely, Filipinos are finding […]

Read More

5 Years of Moneymax with Warlough

A business, no matter how big or small, won’t be successful without its employees. Employees make businesses function, which is why it’s only important to recognize their hard work. This is one of the many things that Moneymax’s highlights over the years. We are grateful for our employees who helped us grow and succeed in […]

Read More

[Battle of the Brands] PayMaya vs GCash: Which Mobile Wallet App is Right for You?

PayMaya and GCash are the biggest rivals in the Philippine mobile wallet market today. These online payment apps enable Filipinos—especially those without bank accounts and credit cards—to make cashless transactions. If you have never used a digital wallet but want to try one, you’re probably searching PayMaya vs GCash online to know which is the […]

Read More

5 Lessons We Learned in 5 Years

Moneymax is five years old and we’ve changed, definitely not for the worse, but for the better. In the past five years we’ve served more than 12 million Filipinos, helping people like you lead a healthier financial life. It wasn’t that easy, though. We made mistakes, faced challenges, and learned how to deal with them […]

Read More

Here’s How to Compute Your Holiday Pay

As an employer, do you observe the holiday pay rules as mandated by the Labor Code of the Philippines? If you’re an employee, are you paid correctly for work you’ve rendered on a holiday? It’s important to know how to compute holiday pay in the Philippines. For employees, it ensures they’re compensated fairly for working […]

Read More