All Articles With Author : Ricky Publico

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

Negative Filipino Traits That Affect Our Everyday Finances

There’s a reason why the Philippines is considered a third-world country. According to a statistics report from the Asian Development Bank, 21.6% of Filipinos live below the national poverty line. While there are legitimate reasons why we remain a poor country (corruption, politics, natural disasters, etc.), we also have to look into our Filipino traits […]

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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 […]

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8 Financial Mistakes Single People Make

Contrary to popular belief, marriage isn’t the be-all and end-all in life. Being single rocks! If you haven’t found “the one” just yet, don’t sweat it and just enjoy your freedom. Don’t enjoy it too much though, or you’ll end up making financial mistakes along the way. If you’ve been single for a long time, […]

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What Type of Spender Are You? Discover Your Money Personality

Have you ever wondered what your money personality is? Have you ever wondered how your spending habits stack up to other people’s spending habits? It’s important to ask these questions once in a while as part of your self-reflection. You may not be aware of it, but you definitely belong under one of the money […]

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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. […]

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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 […]

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#ThriveAtFive: Moneymax Kicks off 5th Anniversary Celebration

Moneymax is five years old! To celebrate our 5th birthday, we threw a party and invited our financial partners who helped us along the way, along with other prominent personalities in the finance industry. It all went down on June 18, 2019 at Yes Please in BGC. And needless to say, everyone had a great […]

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8 Possible Reasons Your Car Insurance Claim Got Denied

Now that you have a car insurance, you’re guaranteed financial protection from any car-related damages you might incur on the road. However, a car insurance doesn’t give you the license to act recklessly out there. You can’t just apply for a claim after a car accident and expect to receive money in an instant. Your […]

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Fully Digital Banking: What You Need To Know About the Future of Banking

“The reality is that nobody wants to spend time on banking, especially when it means taking time to visit the bank branches and waiting in line,” ING Bank’s Head of Retail Banking Mohamed Keraine said in an interview. This has been the prevailing notion that urged the banking industry in the Philippines to bring banking […]

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SSS Pension Computation: How Much Will You Receive When You Retire?

It’s better to just set things straight away: the pension you’ll receive from SSS won’t be enough to fund your retirement plan. As early as now, you should be investing in a retirement savings plan to provide your future self enough money to continue living beyond 60 years. Having said that, you should still learn […]

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CTPL Insurance in the Philippines: Understanding the Basics

Owning a car entails a lot of financial responsibilities. Aside from the car itself, you’ll be paying for things like registration, maintenance, and insurance. Many Filipinos choose to forgo the latter, thinking that being careful is enough. Newsflash! It’s not, mainly because before you can even drive your car, you need to buy a particular […]

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Car Maintenance Checklist to Curb the Summer Heat

Summer’s here and you’re probably feeling the heat not only at home but also inside your car. With temperatures rising up to 42°C, driving your vehicle can be quite a challenge, especially during daytime. However, it’s not only you that’s suffering. Your vehicle experiences temperature changes as well, which may cause breakdowns and damages. Most […]

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The Pros and Cons of Fully Digital Banking in the Philippines

Digital banking in the Philippines isn’t a groundbreaking concept, considering that the country is one of the top internet users worldwide and online banking has been popular for quite some time. In fact, most financial experts believe that the Philippines is ready for an all-digital banking revolution. “The consumers are ready. The consumers are looking […]

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#AskJames: More Car Insurance Questions Answered

Three weeks ago, automotive journalist and TV host James Deakin joined Moneymax on a Facebook Live session to answer burning car insurance questions from their viewers. While they were able to answer most of the concerns, one hour simply isn’t enough to get through all the questions. And because we don’t like leaving questions unanswered, […]

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7 Productive Things You Can Do on a Long Weekend

Long weekends are quite common in the Philippines. In fact, there are 10 long weekends scattered throughout the year. You’re probably one to take advantage, especially if you love traveling and making plans with friends. However, when you’re on a financial rut, you’re probably one of those who chooses to stay at home and laze […]

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Going Out-of-Town? Here’s How You Can Beat Traffic This Holy Week

Are you planning to go out-of-town this Holy Week? Brace yourselves. According to SMC Tollways, traffic volume is expected to increase up to 10% this year due to the long break. Expect major roads and highways to be heavily congested as early as Wednesday night. In order to beat—nay, survive—the impending traffic, it is important […]

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DIY Emergency Kits You Need to Prepare for the Rainy Season

Now that the rainy season has begun, expect more weather-related emergencies ahead. While having an umbrella and extra clothing will work wonders for you, you have to prepare yourself for more devastating scenarios. The country had seen its fair share of unforgiving rain showers, flash floods, and other unpredictable weather conditions brought by several typhoons. […]

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10 Power Saving Tips for The Summer

In a tropical country where temperatures can easily hit over 40°C during summertime, it’s easy to rack up a huge electric bill. Naturally, if you’re using your AC unit and other power-hungry appliances all throughout the summer, this trend will continue to dig a hole in your wallet until the rainy season comes. How exactly […]

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