All Articles With Author : Ricky Publico

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

LTO License Plate Release Updates for Car Owners

When will they release my new LTO license plate? Can I change my vehicle plate? Can I drive without one? What to do when my license plate is damaged or lost? These concerns may not be as urgent as an overheating engine or a flat tire, but your plaka matters, too. Serving as a vehicle’s identification, the license plate is required by law when driving on public roads in the Philippines. Here are some of the latest LTO license plate updates every car owner should know. Your LTO License Plate from 2016 is Ready for Release Still awaiting your new LTO license plate for what seems like forever? What a bummer. While other countries have started implementing high-tech license plates, here we are—wondering for several years when our physical plates will be issued. But the long wait seems to be over (for some). For four-wheel vehicles registered from January to June 2016, their license plates will be ready for release[1]. LTO started releasing new plates and replacement plates last year and they are now available for claiming. As for vehicles bought and registered before 2016, the excruciating wait is far from over, as the license plates for these units are still being questioned before the courts, according to LTO. How to Verify Your License Plate Availability One way to check your LTO license plate availability is to text LTOVEHICLE<space>plate number of your car and send to 2600. You can also head to the Motor Vehicle 7-Character Plate Backlog Inquiry page[2] and enter your MV file number or also known as Motor…

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11 Metrobank Credit Card Promos You Shouldn’t Miss

Do you own a Metrobank credit card? Or maybe you’re planning to get one soon? Whatever your status is, it’s important to take advantage of Metrobank credit card promos. Apart from Metrobank credit card rewards points, cardholders can also enjoy exclusive discounts and deals when they use their card to shop at partner establishments. Here are some of the best ones to check out. Metrobank Credit Card Promos for New Cardholders Rainy Day Rebates Acquisition Promo Eligible Cards: All Metrobank credit cards (except Metrobank Dollar Mastercard, Corporate Card, Commercial Card, Puregold Mastercard, M Free Mastercard, and M Lite Mastercard) Promo Period: July 16, 2020 to October 15, 2020 Thinking of applying for a Metrobank credit card? Do it before October 15, 2020 so you won’t miss just one of the exciting Metrobank credit card promos[1]. Apply for a Metrobank credit card, spend PHP 30,000 within 90 days upon approval, and get rebates worth up to PHP 3,500. Plus, earn 2x reward points on electronics, gadgets, and all online purchases with your newly-minted Metrobank credit card. Metrobank Credit Card Promos for Dining 50% Off at Select Grand Hyatt Hotel Restaurants Eligible Cards: All Metrobank credit cards Promo Period: August 19, 2020 to October 31, 2020 Missed dining out with your family and friends? Dine out the best way you can by heading out to select Grand Hyatt Hotel Restaurants. Use your Metrobank credit card and get 50% off on your total food and beverage bill excluding alcoholic beverages. Avail this promo at these Grand Hotel restaurants: The Grand Kitchen The Peak Grill No. 8…

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Moneymax Reviews: 4x the Fun with HSBC Red Mastercard

It’s not a bird, it’s not a plane, it’s another edition of Moneymax Reviews! Our exploration of note-worthy credit cards in the Philippines continues with our first entry from HSBC. How well can HSBC’s beginner-friendly credit card fare in this HSBC Red Mastercard review? Let’s find out. HSBC Red Mastercard Key Features Before we go any further, let’s first judge the card by its features. And looking at the list below, it’s easy to see why the HSBC Red Mastercard is a popular choice. Just look at that low annual fee and annual income requirement. Annual fee: PHP 1,500 (free on the first year) Interest rate: 3.50% Minimum monthly income requirement: PHP 16,667 Cash advance fee: 3% of amount or PHP 500, whichever is higher Late payment fee: PHP 700 or unpaid minimum amount due, whichever is lower Overlimit fee: PHP 500 Foreign transaction fee: 2.5% of the converted sum plus reimbursement of the assessment fee charged by Visa/MasterCard to HSBC equivalent to 1% of the converted sum Card replacement fee: PHP 400 Why Should I Get an HSBC Red Mastercard? So what do you get for a seemingly affordable credit card? Two words: accelerated rewards. For every PHP 20 spend on qualified spend categories, you earn four (4) bonus points. What are these qualified spend categories, you ask? They just happen to be the four that matter: dining, shopping, overseas, and online purchases. That’s quadruple the points compared to other credit cards. For example, you can earn 4x points when you dine in at Pancake House, Italianni’s, Barcino, Las…

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10 Best Productivity Apps to Keep Your Mojo Going Even at Home

Finding it hard to be productive at home? Whether it’s for work or school, finishing tasks may not be as fun as scrolling through your social media feed. Good thing you can easily download productivity apps right from your mobile phone. In a twisted sense of irony, your smartphone or tablet can both help and distract you from being productive. It goes to show that it’s never about the technology, it’s how you use them to your advantage. Here are the productivity apps you should consider adding to your setup. 10 Productivity Apps to Check Out Adobe Acrobat Reader Platforms: iOS, Android Price: Free Dealing with a lot of documents? Cut your efforts down by going digital. Now you might think it’ll be hard to take note or highlight a PDF file. That’s where Adobe Acrobat Reader comes in. The app can open a wide range of document file extensions with ease. You can view your document, zoom in or zoom out, highlight text, sign and apply digital signatures, and other advanced functions. You can also use your device as a scanner to convert printed text to PDF. If you sign up for an Adobe account, you get 2GB cloud storage, more than enough to access documents wherever. And the best part, it’s free! You don’t need to have an active Adobe subscription to access the app’s useful features. The fact that it’s compatible with any device makes Acrobat Reader a solid choice. Any.do Platforms: iOS, Android Price: Free/Premium starts at ~PHP 290 per month Instead of listing down and…

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Financial Gaps Filipinos are Starting to Discover in 2020

By now, everyone has accepted the pandemic as part of everyday life. Some of you may have adjusted already, while others are still struggling. While public health is a great concern, financial gaps are also one thing COVID-19 exposed during this entire ordeal. And as part of your self-reflection, it’s only fair to look back and see what financial gaps you need to improve on to survive the new normal. Here are some of them to help you get started. Lack of Savings Even before the pandemic, Filipinos aren’t known as the biggest savers. Just ask the 2019 Manulife Investor Sentiment Index (MISI) that found Filipinos keep only 3.6 months’ worth of income for retirement[1]. After all, who has a clear foresight of how they want to spend their golden years? Then the pandemic came and made everyone realize the importance of saving. Having no retirement plan is one of the financial gaps that is understandable to some extent. But COVID-19 woke everyone up to the reality that the future really is uncertain. That’s why everyone should start thinking about investing for their future selves. Maybe start with starting an emergency fund or a time deposit? If no one has told you yet: Start saving now! Not Investing Enough Investments, what are thou? It seems that a lot of Filipinos are already aware of the importance of having investments. But before the pandemic, people couldn’t be bothered with it. Yes, that included me, a naive millennial terrified of computing numbers. But not investing enough is indeed a glaring financial gap…

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ShopeePay Guide for First-Time Users

The concept of shopping at Shopee is already convenient as it is. You order from an online store, you pay, and they deliver it to you. Easy! However, we’re in the new normal where contactless payments are encouraged. Shopee’s answer to that? More convenience, thanks to ShopeePay. Shopee’s new mobile wallet adds to the extensive list of convenient payment options in the Philippines. Aside from encouraging minimal contact, it’s also a convenient way to pay for your Shopee purchases. Find out more about how to use the mobile wallet in this guide. What is ShopeePay? ShopeePay is Shopee’s mobile wallet regulated by the Banko Sentral ng Pilipinas (BSP). It’s the rebranded version of their initial attempt at entering the mobile wallet market, only with more useful features for shoppers and sellers alike. What Can I Do with It? If you’re an avid Shopee shopper, ShopeePay is definitely a must-have. Here are just some of the things you can do with your newly-minted mobile wallet. Convenient shopping. As a way to encourage contactless payments, the mobile wallet aims to provide a more seamless shopping experience to online shoppers. Online security features. You can set up a passcode to lock your wallet or use your fingerprint to access and verify your purchases. Withdraw money. By linking your bank account, you can use ShopeePay to withdraw money from your mobile wallet. Only a handful of mobile wallets have this feature. Transfer money to other ShopeePay wallets. Unlike Lazada Wallet, you can transfer money to other ShopeePay wallets in just a few taps. Access…

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Basic Types of Car Insurance Coverage Explained

So you’re walking back to your car after a long day at work and you find a big scratch on the side of your car door. You’re pretty sure someone vandalized your car while you were away. Nightmare situations like this really make you consider the types of car insurance coverage you should be having. It’s natural to get pissed off when your prized vehicle gets damaged in any way. If you’re like most drivers, you would immediately ask whether your vehicle insurance will cover the damage or not. Having your car stolen, or worse, getting involved in a motorist accident that puts lives in danger are other events where car insurance can be really useful. To know whether you’re protected financially by your insurance company, you need to know about the different types of car insurance coverage in the Philippines. This can help you decide on what coverage to get when you apply for car insurance or have it renewed. Types of Car Insurance Coverage in the Philippines Liability Coverage Liability coverage is one of the most basic types of vehicle insurance coverage in most countries. In fact, most countries require car owners to have liability insurance coverage before they can drive their vehicles. It covers the cost of the damaged property or the medical bills of people injured in the accident up to a certain amount as specified in your policy. Should you be involved in a covered car accident that you are responsible for, this coverage will essentially pay for the other party involved. It won’t cover the damage…

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Complete Guide to Lazada Wallet for Online Shoppers

When you talk about online shopping, Lazada almost immediately comes to mind. Since launching in 2012, the popular online shopping platform continued to introduce feature after feature in an attempt to encourage more customers. And their best one yet has to be the Lazada Wallet. Lazada introduced their own mobile wallet following the success of GCash and PayMaya. Years from now, we’ll probably get rid of cash altogether. But for now, let’s go through what you can do with your Lazada Wallet and how it can make online shopping a lot more convenient. What is Lazada Wallet? Lazada Wallet is the latest innovation from one of the country’s largest online selling platforms, Lazada. It functions like most mobile wallets, complete with useful features most online shoppers will find useful. All transactions are covered by Lazada’s Payment Protection[1]. Lazada Wallet Benefits If you’re an avid Lazada shopper, you’ll get a kick out of activating your this mobile wallet. Here are just some of the benefits of using your Lazada Wallet for your next online shopping spree. Seamless shopping. No need to scramble for change once the delivery arrives. Just order and pay for your order in just a few clicks. Don’t forget to smile for the camera when the rider takes your photo! Access exclusive discounts. Save more on your online shopping by availing exclusive discounts when using your wallet. Expect more shopping deals during Mega Sales. Earn more rewards. By using your Wallet for all your purchases, you get to earn special rewards that can come in many forms: discounts,…

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9 Helpful Family Budgeting Tips in the New Normal

Budgeting for yourself is usually a piece of cake. When you know your exact wants and needs, sometimes you don’t even need a budget to end up fine until the next payday. Family budgeting, on the other hand, is entirely a different ball game—mainly because you have other people to worry about. It’s not just you who’s going to starve once you fail to make ends meet. It can be difficult because it forces you and everyone in your household to give your finances a hard look. What needs to go and what needs to stay? Let these tips help you out. Family Budgeting Tips in the New Normal List Down Every Expense Before creating a household budget, you need to figure out your family’s monthly expenses first. If you feel that everyone in your family spends unnecessarily, you’ll need to sit down and talk it out. Talk about the bills that everyone has to contribute to, just to make sure that everyone’s on the same page about it. Next, put together the expenses you all spend on a monthly basis. This list should include the following: Monthly Utility Bills Rent or Amortization Online Subscriptions Average Grocery Spendings Credit Card Statements Insurance Premiums Medical Expenses Car or Home Loan Payments Average Fuel Consumption Miscellaneous Payments Categorize Your Expenses It’s not enough to list down your expenses. You need to categorize them into two types: fixed and variable. Certain expenses for a household are fixed, meaning they will arrive every month without fail. Electricity, water, internet, and amortization or rent usually…

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How Social Media is Influencing Your Finances, For Better or Worse

A few years ago, many people regarded social media as an optional commodity. Today, it has become a solid fixture in everyone’s lives that we can arguably call it a necessity. Social media has affected your life in more ways than one, from personal to financial. And the latter is what’s fascinating about social media. How can my personal feed or the way I interact with people online affect my finances, you ask? The good news is that it affects you in positive ways. The bad news is that it also does the opposite. Let’s take a look. Better: Social media is a great platform for businesses If you’re a business owner, social media has become one of your most essential tools for success. It’s great that there are platforms out there where you can easily advertise your products without spending thousands on advertising. From local businesses to million dollar companies, social media allows everyone to co-exist on a level playing field. In fact, Facebook recognized their potential in this area and introduced Facebook Marketplace in 2016. Since then, it’s now one of the leading online selling platforms in the Philippines. So if you want your business to grow, everyone has to see it on social media or it doesn’t exist. You can also try boost options offered by most platforms to boost your exposure. Worse: Social media is an endless advertising board “If something’s free, you’re the product.” Nothing embodies this quote more than social media. While it’s true that you don’t need to pay anything to use it,…

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8 Mobile Wallets for a More Convenient Online Transaction

Remember when your wallet was the most important item in your arsenal of everyday items? It’s the portable pocket where you place money, notes, and even pictures of your loved ones. But since the invention of the digital wallet, you probably stopped caring about what your physical wallet looks like. Because of the global pandemic forcing everyone to stay at home, owning a mobile wallet has become the norm. Going cashless online is now the logical way of doing things, so it’s best if you check out your options. Here are some of the country’s prominent online wallets and their key features. Why Do You Need a Mobile Wallet? “Will I still need a digital wallet after the pandemic?” you might ask. Pandemic or not, we were all heading to a cashless future anyway. If anything, the pandemic just helped speed up the process. If you need a refresher, here are the benefits of using the online payment apps for your transactions. It’s pretty convenient. That in itself is the main reason why you need one. Imagine not having to carry cash in order to buy goods, pay bills, or send money to your loved ones. Since everything’s online, it only makes sense for your mode of payment to be online, too. It encourages contactless payment. In a time when you’re supposed to keep a distance from others, owning a digital wallet has never been this timely. Now you don’t have to touch other people’s hands or cash to complete transactions. Just tap away and you’re good to go. It…

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Moneymax Reviews: Is AUB Gold Mastercard the Gold Standard?

Another week, another edition of Moneymax Reviews! Let’s leave the budget-friendly credit cards and head straight to the premium ones with this week’s AUB Gold Mastercard review. As we’ve seen from our previous review, AUB knows how to make their cards stand out from the rest. But how well can they fare when it comes to providing the best premium perks? Is the AUB Gold Mastercard the gold standard or can other credit cards steal the crown? So before you pick your next credit card, let Asia United Bank’s golden card entice you with its premium offerings. AUB Gold Mastercard Key Features The standard way to start these reviews is to study each credit card’s key features. And just by looking at its features, the AUB Gold Mastercard can make people’s heads turn. Annual fee: No annual fee for life! Interest rate: 3.50% Minimum monthly income requirement: PHP 50,000 Cash advance fee: None Late payment fee: PHP 700 or the unpaid minimum amount due, whichever is lower Overlimit fee: None Foreign transaction fee: 1% service fee added to the sum of peso conversion and Mastercard fees Card replacement fee: PHP 500 What is Golden About AUB Gold Mastercard? AUB is all about giving their cardholders more freedom to pay their credit card bills. While their affordable credit cards are more flexible in this area, the AUB Gold Mastercard isn’t a slouch, either. You can choose any date of the month as your due date. Set it on your payday for best results. And to hammer the point home, AUB Gold…

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5 Money Lessons I Learned During the New Normal

From the way we work to the way we interact with one another, the new normal brought a lot of changes in our lives. COVID-19 affected everyone, whether infected or not. Everyone was forced to give a hard look at how they live their lives, finances and all. And as someone who has been stuck at home for over five months, I saw first-hand how my perspective on money changed each day. Here are the money lessons I’ve learned so far during this seemingly endless quarantine period. New Normal Money Lessons I Learned Why Saving Money Matters If I had a nickel for every money-saving tip I’ve learned over the years, I would probably live comfortably by now. It’s hard to motivate myself to save when my paycheck arrives, telling me that I’m now slightly richer than my yesterday self. But during this pandemic, I’ve grown to appreciate the art of saving money and why everyone should develop this skill. For one thing, the amount of money I saved gives me assurance that I won’t go broke anytime soon, even if there’s an emergency. Just like debt but in a good way, your savings slowly pile up as long as you’re consistent with it. Saving money has never been more important today where things are uncertain and unpredictable. Don’t let COVID-19 catch you off guard. Read more: How to Recover in the New Normal Cash Still Has Value Thanks to being stuck at home, it’s been weeks since I withdrew money from an ATM. I thought I was going to be…

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Build 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. It’s always best to prepare your wallet for the worst. Admittedly, it’s going to leave yet another dent to your wallet, but you’ll be getting financial security in exchange. If you didn’t know about this type of savings fund, you’re not alone. More importantly, it’s not too late to build one. Get started with your own rainy day fund with these helpful tips. What is an Emergency Fund? An emergency fund is a readily available source of cash for unforeseen expenses or situations. Separate from your savings and investments, it allows you to prepare financially for events like unemployment, medical emergencies, home, and car repair, etc. That’s why it’s also called a rainy day fund because you never know when it will rain—just like you never know when a financial crisis will come. How Much Emergency Fund Do You Need? The general rule of thumb for building an emergency fund in the Philippines is to save an amount equivalent to your salary for three to six months[1]. That should cover medical fees, car repairs, daily expenses brought by unemployment, and other emergency situations. And before you ask, buying new clothes or gadgets doesn’t count as an emergency. Why Do You Need an Emergency Fund? For…

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Getting to Know the Credit Information Corporation in the Philippines

Were you ever tempted not to pay a loan or a credit card bill? You probably thought you can get away with it and you can just apply for another loan after a few years. If that’s the case, this Credit Information Corporation (CIC) primer will convince you otherwise. In a nutshell, that’s the primary function of a credit registry: to monitor loan transactions by every individual and financial institution with credit facilities. In the Philippines, the CIC does exactly that and more. Let’s get to know the Credit Information Corporation a little better. What is a credit registry? The World Bank[1] defines the function of a credit registry as the following: “Credit registries are generally developed to support the state’s role as a supervisor of financial institutions. Where credit registries exist, loans above a certain amount must, by law, be registered in the national credit registry. In some cases, credit registries have relatively high thresholds for loans that are included in their databases. Credit registries tend to monitor loans made by regulated financial institutions.” Basically, a credit registry makes sure all loan transactions are accounted for. Banks and loan providers can’t just loan large amounts of money to anyone. Likewise, an individual can’t just avoid paying credit card balances and apply for another loan instead. From the date of application down to the amount of loan transactions, credit registries will keep track of every detail of everyone’s credit records—loans, credit cards, installment plans, and even utility bills. They will then use the data to provide you a better look…

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8 Signs You’ve Reached Financial Adulthood in 2020

#Adulting101 has always been hard, even without a pandemic. In 2020, the universe has stepped it up a notch as it redefined what financial adulthood is. How can you tell if you’ve grown as a financially stable adult in these trying times? Let these signs help you. Signs You’re Reached Financial Adulthood You have a stable job COVID-19 not only took lives, it also took jobs away from hardworking people in the Philippines[1]. So if you’re one of the lucky ones who were able to keep their jobs this year, then you’re on the right track. Be thankful for it and keep working hard. If not, then don’t lose hope yet. Finding employment in the new normal may be hard, but it’s not impossible. Read more: Top Online Jobs in the Philippines You Should Consider You generate passive income Stable job or not, it wouldn’t hurt to have a side hustle to complement your income. You have probably received invites from your social media friends to like and follow their latest ventures. What are you waiting for? Start your very own small business and earn more passive income. You can also provide services or rent out property if business isn’t your thing. Read more: 25 Small Business Ideas You Can Start With Low Capital You know a thing or two about investments Even if you don’t have an active investment yet, the fact that you are exploring your options is a great way to achieve financial adulthood. By now, you should know that starting an investment is not that expensive and that…

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Moneymax Reviews: AUB Mastercard – Go Easy or Go Classic?

Welcome back to another edition of Moneymax Reviews! This week, we’re doubling the savings and doubling the fun. Because for the first time ever, we’re pitting two credit cards against each other to see which one’s the right choice in this AUB credit card review. In the red corner, we have the AUB Easy Mastercard and in the blue corner, we have the AUB Classic Mastercard. Which of these affordable credit card options from Asia United Bank works best with your lifestyle? Let’s take an in-depth look at these competing AUB credit cards. AUB Easy and Classic Mastercard Terms and Conditions Before we start with our AUB credit card review, let’s check out the key features of both cards. On paper, both cards have the same key features that you would mistake one for the other. Nevertheless, these features are quite enticing. AUB Easy and Classic Mastercard Key Features Annual fee: No annual fee for life! Interest rate: 3.50% Minimum monthly income requirement: PHP 21,000 Cash advance fee: None Late payment fee: PHP 700 or the unpaid minimum amount due, whichever is lower Overlimit fee: None Foreign transaction fee: 1% service fee added to the sum of peso conversion and Mastercard fees Card replacement fee: PHP 500 Read more: 6 Easy Steps to Applying for an AUB Credit Card What’s So Great About the AUB Easy Mastercard? True to its name, the AUB Easy Mastercard makes owning a credit card a lot easier, especially for first-time cardholders. It’s definitely one of the most unique credit cards out there, thanks to…

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Online Barter: Is It Illegal and Is It Safe to Trade Goods?

“Out with the old and in with the new,” as the saying goes. But recently, something from the days of old has started to emerge and inspire a trend like no other. If you know your news, you should be familiar about the latest issue on online barter and whether or not it’s illegal. And if you know your history, you should be somewhat familiar with what online barter is. Is it illegal? Is it a safe trading practice? Will it cost you money? Let’s answer all these questions as we take an in-depth look at this modernized form of trading goods. What is Online Barter? Online barter means exactly what you think it is. It involves the exchange of goods, usually of equal value with no money involved—all done through social media. The trend was started by Atty. Jocelle Batapa-Sigue in May 2020 as a way for Bacolod citizens to acquire essentials during the enhanced community quarantine[1]. She founded the Bacolod Barter Community on Facebook[2] that inspired everyone’s bayanihan spirit. Since then, other communities began forming online barter platforms for all types of essentials. Online barter communities function like a real community with the goal of helping each other out more than scoring essentials for cheap. As of writing, the Bacolod Barter Community has over 200,000 members on Facebook. Other communities nationwide have also started their own barter system by creating their respective Facebook groups. The mechanics of online barter are pretty simple. No cash is allowed and buying or selling is discouraged. Members of the community must post…

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15 Essentials Under PHP 3,000 for Your Work-From-Home Setup

Before COVID-19 happened, the work-from-home setup was nothing more than a fantasy. Now that the rules have changed in the new normal, it has now become the standard way of working in most companies. For better or worse, your home will now be an office. If the sound of working from home bothers you, don’t worry. There are ways to spice up your home and make it more office-like. With a few tweaks and a couple of these work-from-home essentials, you’ll be back to your busy work life in no time. Work From Home Essentials Under P1,000 Uratex Backease Pillow Price: PHP 599.75 Available at: Uratex[1] Having a work-from-home setup usually means sitting all day in front of your computer. That means a day’s worth of back pain, particularly in the lower back. It would be nice to have a proper cushion that can both comfort and support your poor, frail back. That’s why the Uratex Backease Pillow is one of the work-from-home essentials you should have lying around. From the trusted makers of bed cushions, expect this one to provide a great amount of comfort. Your back and your wallet will both thank you later. Drink ‘n Stash Price: PHP 649 Available at: Daydream Republic[2] Hydration isn’t an office thing. You should keep hydrating at home! If you still don’t have a water tumbler at this point, then your kidneys are probably cursing you behind your back. Now that you can easily have one delivered to you, start picking the right tumbler for you. As a suggestion, take a…

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Moneymax Reviews: Save on Essentials with a Citi Cash Back Card

The last benefit you’ll ever think credit cards have is saving you money, right? Wrong. In fact, there are credit cards out there that can save you money on every swipe. How? By awarding you with cash rebates on specific spend categories. We call them cashback credit cards. Fortunately, they are not that hard to find. In fact, most banks offer generous cashback credit cards to shoppers looking to maximize their purchases. And one of the popular cards you’ll see out there is the Citi Cash Back Card. Curious about the Citi Cash Back Card? Then you came to the right place. As the third installment of Moneymax Reviews, we bring you Citibank’s own rebate generator. Find out more in this Citi Cash Back Card review. Citi Cash Back Card Terms and Conditions Just like in every boxing match, let’s look at Citi Cash Back Card’s tale of the tape. Judging by its features, it seems the Citi Cash Back Card costs more to use and maintain. But is it worth it? Citi Cash Back Card Features Annual fee: PHP 3,500 for principal cardholders (free for the first year) PHP 1,750 for supplementary cardholders (free for the first year) Interest rate: 3.50% Minimum monthly income requirement: PHP 15,000 (for existing credit cardholders) PHP 20,833.33 (for new cardholders) Cash advance fee: PHP 500 per withdrawal or 3% of amount Monthly minimum due: PHP 500 or 1% of amount due Late payment fee: PHP 850 Overlimit fee: PHP 750 Foreign transaction fee: 3.525% of amount Card replacement fee: PHP 400 Read more:…

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