All Articles With Category : Lifestyle

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

The Real Cost of Being a Grab Peer or Uber Partner

The Philippines is known as the first country to develop regulations for app-based ridesharing services. With Uber and Grab now legal to operate around Metro Manila, many are experiencing the benefits of these services, both on the rider’s and operator’s sides. For riders, these services allow a safer and more convenient means of transportation since you’ll be provided with the car’s GPS position, plate number, and picture of your driver. On the other side of the coin, these services also provide an additional income stream for both driver and car owner – called Grab Peer and Uber Partner. There are even stories of people driving and operating on a full-time basis because potential earnings in Uber and Grab can exceed one’s salary. If you average 10 trips a day with an average fare of Php 170 per trip, that’s a daily income of Php 1,700. If you or your driver operates 6 times a week, or 24 days month, that’s a monthly income of Php 40,800. That’s definitely a huge addition to your monthly income stream. However, operating a vehicle is bound to incur expenses you would have to deduct to the Php 40,800. If you hired a driver, there’s his salary to take note of. There are also fuel expenses and toll fares to remember. To give you a complete picture of what the cost of being a Grab Peer or Uber Partner really is, MoneyMax.ph interviewed Grab Peer Warlough Madali. Read below on what aspiring operators should expect to spend: Read more: Grab Toll Fees: Should I Pay?…

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Online Shopping at a Discount

The new year comes with a fresh start, be it resolving to exercise and to eat healthier or saving more money. For some, a ‘new start’ can mean change, be it changing one’s wardrobe, planning never-before travel trips, or trying out a new restaurant or café. The great thing about shopping nowadays is you can do it at the touch of your fingertips. Online shopping at a discount is now more convenient than ever. For this week’s Deals of the Week, MoneyMax.ph brings you shopping discounts and promos in the worldwide web. From shopping to dining and travelling, using online shopping discounts lessens your expenses while enjoying at the same time. Dining From Marikina to Tagaytay, Deal Grocer offers as much as 60% off in a number of dining establishments offering a variety of cuisines – from Thai and Filipino to Japanese and Italian. Whether you have a Php 300 budget or one reaching four digits, you’ll find a deal that suits your needs. 20% off on your dining bill is good enough. What’s even better is if there’s no minimum spend or other restrictions. Too good to be true? Definitely not. Through the Gourmet Society card and app (available on Android and iOS), you can get exactly that when you dine in over 120 restaurant partners across Metro Manila. Even if you don’t have your card on hand, you can still avail of the discount by using the Gourmet Society app. Fashion When you shop at Lazada, you can get as much as 80% off on a variety of…

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Eat, Drink, and Shop on a Discount

Filipinos love to eat, drink, and shop. Why not enjoy yourself and lessen your expenses at the same time by taking advantage of promos and sales? Here are some deals and discounts for this week of January: Shopping Forever 21, H&M, Marks and Spencer, and Zara welcome the new year with an End of Season sale. With the sale happening in all stores nationwide, you can get as much as 50-70% off. If your current jeans are already worn off, maybe it’s time for a replacement. If you need more formal and corporate clothes for work, sales are a great way to save on wardrobe necessities. Grab this opportunity to complete your wardrobe essentials before the month ends. The sales end on January 31, 2016. Bambu, Crocs, and Payless are having their own sales to start the new year. Bambu offers 20% off on Grendha, Ipanema, Rider, and Zaxy products until the end of the month. Crocs’ clearance sale offers 50% off on select styles until January 17, 2016 in all stores nationwide. If you’re looking for as much as 60% off, then stop by any Payless store close to you. The sale lasts until January 31, 2015. Dining Get 21% off on Dads World Weekend Buffet for both lunch and dinner. From Php 888 to Php 699, you can experience cuisines from Asia, the Mediterranean, and the Americas. This promo is redeemable in the following branches: EDSA, Glorietta III, Padre Faura, and West Avenue. You can buy the voucher via Ensogo. This buffet is perfect for celebrations and milestones…

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What to Do With Your Old Banknotes

Many of us may remember that there used to be 5 peso and 10 peso bills. For a lot of us, it was how we got our allowances back in grade school and high school. These bills have existed since 1985 – that’s 30 years. At the time, these were called the New Design Series. The newer bills that are seeing more use were released in 2010, and in 2014, the Bangko Sentral ng Pilipinas announced that they would begin demonetization of the New Design Series or NDS. This means that the paper bills most of us grew up with won’t be placed back in circulation. Demonetization Demonetization is the process of stripping a currency unit of its value or as a legal tender. This is necessary whenever there is a change of national currency, or in the case of the country – an improvement in the security features of the currency. Just as the nations of the European Monetary Union adopted the Euro, there will be time to exchange older banknotes for new ones prior to the complete removal of the older bills from circulation. Why the changes The demonetization is part of the Central Bank Act, which authorizes the BSP to replace banknotes that are more than 5 years old. Given the fact that some banknotes have been in circulation for 3 decades, it’s probably a good time to retire said notes. While the new version of the bills released in 2010 also have aesthetic changes, additional security features, like intaglio-printing and barcodes have been added and improved…

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Gourmet Dining on a Budget

The restaurant scene in Metro Manila is reaching new heights. Craft beer, organic offerings, and fusion restaurants are three trends that have been gaining traction in the past couple of years. Wherever you go, whether it’s Legaspi Village in Makati or SM’s Mega Fashion Hall, there’s always a restaurant to soothe your craving or palette. The only clincher is that eating out on a daily basis can eat up your budget. You want to try that new neighborhood restaurant tucked in a hidden corner or an artisan coffee place that just opened; it’s certainly possible but definitely not on a weekly or daily basis. If you’re the type of person who prefers to eat quality food over quantity, here are seven ways you can experience gourmet dining on a budget: 1. Hydrate yourself Drink lots of water 20 to 30 minutes before you eat. A study published in the “Journal of the American Diatetic Association” reported that people who drink water before eating consume 75 fewer calories per meal. Water curbs your hunger and makes you feel full. This way you’ll be ordering and spending less. 2. Research online Nowadays, you can read online reviews of restaurants and see if the place you want to try is a ‘yay’ or ‘nay’. Even better is that some restaurants upload their menus online and include their prices. Before eating out, check the restaurant’s menu and ensure the prices fit your budget. By coming prepared, you’re not caught off guard with charges you didn’t plan for. 3. Take advantage of ‘Happy Hour’ The…

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10 Pinoy Tech Bloggers on What To Do Before Buying a Gadget

There’s no denying gadgets are an integral part of our daily lives. From smartphones and laptops to the nitty-gritty of how much hard drive space or megapixels to get, we are bombarded with the wide selection of gadgets and extra features to choose from. Enter tech blogs and the people behind them. It’s a great thing there are fellow Filipinos who are passionate about sharing their expertise in various fields of technology. We have rounded up 10 of our favorite tech bloggers to share their tips on what features to consider before making that next big purchase! Mark of TechPinas[1] Will you tell us a little something about the blog and how it started? It’s funny how I started my blog based on the  Z61m Thinkpad  I bought during the Beijing Olympics last 2008. This was when my love for gadgets started. From there, Tech Pinas was born out of my primary vision to share gadget specifications and beyond to help build a tech-informed, tech-empowered nation. What would be the best advice you can give to consumers before deciding on buying a gadget/product? For consumers who are planning to purchase a gadget soon, I would advise them to read reviews first and to watch videos on YouTube about the product that are eyeing. It’s always good to be properly informed before spending hard-earned money on a particular device. Meanwhile, my advice to young Filipinos who are thinking about starting a tech blog is to do it for the love of technology itself and not just because they want to earn from blogging. It’s also good…

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OFW Pre-Departure Checklist

Overseas Filipino workers (OFWs) are a strong pillar of the economy. This is evidenced by the 2.3 million OFWs and the Php 1.26 trillion ($26.92 billion) sent last year in remittances. Higher pay is the main reason Filipinos dream of becoming OFWs. In their home country, domestic helpers are paid around Php 5,000 monthly, but in other countries such as Hong Kong, they can earn up to Php 30,000 per month (HKD 5,000). For professional work, you can earn more than twice or thrice what you’re making in the Philippines if you work as an OFW. However, it’s important not to succumb to lifestyle inflation and other common money traps OFWs are guilty of. If you’re thinking about working abroad or you already have an offer and need to take care of pre-departure necessities, here is a handy OFW pre-departure checklist complete with the things you need to know and how much to prepare: Visa This should be shouldered by your employer, and the application process will be done in your country of employment. Expect your employer to send you the application forms and documentation requirements which you will email or mail back to your employer. Once you have a visa, the real work begins. Placement Fees This is the fee recruitment agencies will charge you, and this is allowed by law. Placement fees are collected because hiring and sending employees to work abroad pose risks which the agencies are accountable for. The placement fees for POEA-licensed agencies may be equivalent to one month’s salary. Liana, a domestic helper working…

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Convention Budgeting for Beginners

You’ve probably heard that Paul Bettany was in the country for Asia Pop Comic Con recently. You’ve also seen just how some of the bigger convention centers and mall exhibit halls pack with people during certain months for pop culture conventions, book conventions, or auto shows. The reality is most convention goers prepare months in advance for every convention. It’s no secret that all that preparation is because going to a convention has a lot of costs. If this is your first time attending a convention, you’ll have lot of things to consider, especially since most conventions are the best place to get things that normally cost more in shops. So if you’re planning to hit one, here’s a look at things to consider for convention budgeting. Tickets and travel Local conventions usually post ticket prices a few weeks in advance of the actual event. Most pop culture conventions last around three days (Friday-Sunday), with the average cost of a day pass between Php 250 to Php 500. One of the first things you need to decide on is how many days you’re going. Look up the panels, programs, or guests you’re interested in – and which days they happen on. If you plan on bringing a car to the convention, there’s usually parking, but consider the traffic in the area and your gas costs. Celebrity Meet-Ups Panel discussions and screenings are usually free, but meet-and-greet, and photo-ops with celebrity guests are usually a cost on top of your passes to the convention. At APCC, the cost for both meeting…

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The Best Unlimited Data Plans in the Philippines

Filipinos spend an average of 6.3 hours a day on the internet, the most in the world. Online access has opened up limitless opportunities. Social messaging is becoming the means of contact over SMS texting. Video call applications make it easier for cross-country entities to do business with one another. Online banking and payment platforms have made money transactions more efficient and seamless. With this, the internet has become more of a necessity than a luxury. An expensive luxury that is. Most are aware that the Philippines has one of the most expensive internet rates yet one of the slowest as well. Just last Sunday, the website of the National Telecommunications Commission (NTC) was hacked as a means to send a message to internet service providers for the quality, or lack thereof, of their products and services. Compared to its Asian counterparts, Philippine subscribers pay a premium for lagging internet. Mobile data plans are no better. A number of providers do offer “unlimited” browsing … with a catch. For the meantime, here are the best “unlimited” data plans in the market for your phone and their limits: Non-stop Surf 699 from Sun Cellular If you want to keep your postpaid plan and enjoy unlimited browsing, then this is the ideal choice for you. What differentiates Sun Postpaid’s offer is that it is the most affordable at Php 699 a month.  It’s available both to prepaid and postpaid users, and is valid for 30 days. Limits: 2.5 GB monthly limit for streaming and downloading, 1 GB for Spinnr access, “non-stop” Surfing…

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6 of the Most In-Demand OFW Occupations

We all know that some occupations increase the chances of being able to travel abroad. Many students, especially when there was a large demand put out for medical and IT professionals in the 2000s, found that their respective callings quickly became a gateway to the rest of the world. While many occupations enjoy attention from employers the world over, there are just some land-based occupations that are in heavy demand and may lead to your dream of working outside the country. Here’s a look at some of the most in-demand OFW occupations: Healthcare The demand for people to staff hospitals and its facilities remains one of the most in-demand professions, with astounding 460,000 openings waiting to be filled in the USA alone. Hospitals and research facilities in the Middle East are also looking to fill over 7,000 positions certain this sector. This isn’t limited to nursing professionals. Many hospitals and practices are looking for dentists, medical technicians, and specialized care professionals to add to their staff. There are also countries, such as Australia, that are projecting demand growth in these employment areas in the next three years as well. Read more: Thinking of Migrating to New Zealand, Canada, U.S., or Australia? Read This First! Information Technologies In the digital age, there are the men and women who keep it all running as smoothly as possible. From maintaining websites to developing applications and coding, there’s no shortage of companies looking for IT professionals. In the UK, for example, there’s a high demand for IT professionals – with over 105,760 jobs posted…

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The Pros and Cons of Investment Pieces

People who have the means often buy expensive things. It’s never about showing off how much money they’ve made, but about investing in something that is lasting, or starts a conversation. The fact is if someone can afford to buy something pricy and branded, then it’s their priority. There is such a thing as “investment pieces”; clothes, watches, jewelry, or art that can sometimes cost quite a bit. They’re called investment pieces given the amount that’s devoted to them, and the possibility of selling them for a profit later on. Even then, there are pros and cons to splurging on them. If you’ve considered investing in watches or expensive handbags instead of mutual funds or stocks, you need to know what you’re getting into – and whether it’s worth the expense. Read more: What You Should Know About Green Investments in the Philippines The Pros Investment pieces carry a kind of status on their own in the case of certain pieces such as art. As prolific as an artist of your choosing can be, it is never a guarantee that the value appreciates over time. What may be the biggest factor in investing in a piece of art is finding a piece that you like and can afford. An example of investing in art is getting posters from films. You get to indulge your film nerd and have a piece of movie history in your living room. A poster from sci-fi epic Metropolis reportedly has an estimated value of $47,000, just to give you an idea. Investment pieces in fashion…

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The 10 Best Eats at BGC for Php 300

When you hear the words Bonifacio Global City, the first thing that springs to mind might be High Street and all the restaurants that dot the area. What might not spring to mind is the possibility that you can spend Php 300 and get great food at the same time. While a typical night out here might cost upwards of Php 500, there are places you can check out that serve pretty awesome food, and let you enjoy without breaking the bank. photo via Yelp Grams Diner Location:32nd St., The Fort, Taguig Contact: 02 8469822 You’ve seen Grease, right? No? Okay, Pops’ Diner from Archie? What manner of fun-hating hermit are you? This restaurant offers the ambiance of a typical diner along with local cuisine. They also happen to serve breakfast all day, and plenty of other delicious dishes. What to get: For the ones who want a slightly healthy option, the Grilled Chicken Caesar Sandwich can be your go-to for Php280. It’s a little over budget at Php305, but the meat lover will definitely enjoy the Breakfast for Titans. photo via Phonebooky The Farm Location: Forbeswood Heights, Burgos Circle, Bonifacio Global City, Taguig City Contact: 02 8528228 Speaking of meat lovers, you can head on over to The Farm in Burgos Circle for burgers and steaks. The Farm boasts all-natural and organic beef for their burgers. For the not-so-ravenous, they also have a variety of pasta dishes, salads, and soups in their selection. What to get: You can get a lot of their all-natural burgers starting at Php140, and maxing…

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5 Things You Forgot When Selecting Car Insurance

When you’re getting your car insured, there are certain things that you look for in your provider. But while you may be looking at the price of your premium or which covers you can have on your car, there may be a few things that you’ve overlooked. Many car owners will go with the lowest premium on their car and never look back. But the things you overlook when selecting car insurance can actually cost you more money later on. Here’s a look at some of the things you may want to check before you sign your name on your policy. A policy is a contract Like any contract, you will want to check the fine print. Signing up for any insurance policy means that you abide by the rules and regulations set forth by the provider. Certain violations, such as providing false information or failure to declare any material fact or circumstance concerning the vehicle or its operation, such as previous instances of speeding or drunk driving, can void the policy. What you overlooked: Don’t forget to declare anything and everything related to your car or anyone in your household that can drive your car. This helps providers determine the correct premium on your vehicle. Depreciation A car priced at PHP 750,000 now may not cost the same in a few months. This is because the value of a vehicle goes down over time. But your policy will be based on the original value of the vehicle, and the premiums charged to you will be the same as a…

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The 10 Deadliest Typhoons In The PH

Lying astride the typhoon belt, the Philippines is hit with an average of 20 typhoons a year. The presence of torrential rains and powerful gusts of winds is an expected occurrence in the country. It’s not a matter of ‘if’ a typhoon will strike but ‘when’. Just in the last 5 years, the Philippines experienced 3 out of the 10 worst typhoons to ever hit the region. Death tolls reached the thousands and individual damage caused by these storms totaled billions of pesos. Here are the top 10 deadliest typhoons in the Philippines: Take note of the 5 tips above to make you more prepared when disaster strikes. For your assets such as a house or a car, one of the ways you can prepare for typhoons is through insurance. In the event that your car or your home is destroyed during a flood, home and car insurance policies provide you protection by covering repair costs. All this preparation may save a life or more the next time a typhoon hits. 20 – that’s the average number of typhoons the Philippines is hit with every year. Topping Germanwatch’s list of countries suffering from extreme weather, the country has the unfortunate title of being the world’s most disaster-prone country. Let’s look back at 10 deadliest typhoons to ever hit the nation: The Top 10 1. Typhoon Haiyan (Yolanda) (2013) Death Toll: 6,300 Damage: Php 89.6 billion Wind Speed: 315 km/h 2.Tropical Storm Thelma (Uring) (1991) Death Toll: 5,100 Damage: Php 1.05 billion Wind Speed: 95 km/h 3. Typhoon Bopha (Pablo) (2012)…

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Turning Art into Business

Everyone has a hobby they love indulging. Sometimes you indulge to relieve stress, other times simply because you’re bursting to full with the creative energy, and you need to create something. While there are many people who say that art isn’t a viable career option, others have gone ahead and done so anyway – and succeeded. We spoke with three artists who’ve formed careers and businesses from their passion for creating, and what it takes to turn art into business. Alexis Ventura is a calligrapher and founder of Inkscribbler, an agency that creates custom designs for stationery, displays, and personalized projects. She and her team have created pieces for restaurants, and digital media. More recently, she created the invitations for Sen. Chiz Escudero and Heart Evangelista’s wedding. Danny Racelis is a comic book fan, architect, and founder of Wash n’Machine Doodle Apparel. His designs feature pop culture references beyond comic books, and have been featured in When in Manila. The collection is available on Zalora and the MerchBox apparel boutique. Yana Santiago is the lead designer and co-founder of Olivia and Diego, a social business that specializes in artisan jewelry and accessories. Their pieces feature designs and materials inspired by the tribes and cultures of the Philippines. The brand celebrates empowerment through their advocacy of providing financial opportunities to women in rural areas. When did you develop your passion? Alexis Ventura (AV): I started [with calligraphy] almost 4 years ago. I was still working in the corporate world and I wanted to find a new hobby, something that would interest…

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Top 10 Food Bloggers and Their Budget Eat Spot in Metro Manila

Good food doesn’t need to be expensive. Ten of the Philippines’ top food bloggers share their favorite spots around Metro Manila where you can get your fill of good food without breaking the bank. Read More: 10 Best-Tasting Meals Under P200 in Makati Where should you go to satisfy your ramen craving? Where’s the best place to go for a dimsum run without spending more than 50 pesos? Let these foodies point the way to your next food adventure this weekend! Abby of Manila Spoon[1] Will you tell us a little something about the blog and how it started? My blog is Manila Spoon (manilaspoon.com) named after the city I was born in. When I came to the US about 11 years ago as a newly married bride, I barely knew how to cook and had to learn from scratch through trial and error. Cooking was a necessity at first as there was no maid to help me cook and I had to feed my husband and myself! Thereafter, hubby, who loves Asian food, enjoyed the dishes I prepared and other people also asked me for my recipes and so my love affair with cooking began. It was then that I decided to compile some of my tried and tested recipes online in the form of a blog for convenient access (no more recipes in scraps of paper lying around and getting lost) and for easy sharing with friends. Manila Spoon was established in the summer of 2012 and with nearly 400 published recipes I continue to update it on a…

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[INFOGRAPHIC] Save PHP 45,625 A Year if You Quit Smoking Today

Bad habits are hard to break. One as addictive as smoking is even harder. But did you know that you could save as much as PHP 45,625 a year if you gave it up? These figures can go higher or lower depending on the frequency that you replenish your supplies. Arguments can be made by smokers, non-smokers, and former smokers when it comes to the benefits of quitting. You’re already aware that heavy smoking can cause all kinds of issues with your health, and predisposes you to various cancers. Related: Best Health Insurance in the Philippines: Compare Now! One other thing that may make you consider quitting is the fact that smoking can be a costly habit. The money you spend on a pack of cigarettes could be put to better use. If you smoke, or have friends who smoke, then you’ve had a conversation about quitting at least once. The reason it’s difficult is because of the nicotine, which is an incredibly addictive substance. How much is it costing you? The average price for a pack of 20 cigarettes in the country is PHP 62.50. Factor in the markup at some retail outlets, or your preferred brand, and you could be looking at a price tag between PHP 63.00 to PHP 150.00. The cost of cigarettes factors in import costs, and the ‘sin tax’ levied by the government. In a year A heavy smoker can go through a pack of 20s, sometimes more, in a day. That’s 365 packs a year, at PHP 62.50 a pack. PHP 62.50 x…

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Save Php 34,800 by Quitting Starbucks

If you had Php 34,800, what would you do with it? Some might grab the chance to get a new phone; others, a new laptop or a vacation abroad.  It seems like a difficult goal, but it’s definitely doable. It just takes a little sacrifice and a lot less coffee. For hardworking adults, that high quality coffee is essential to survive a busy day, but buying coffee from Starbucks and other coffee chains everyday can add up to a lot. Check the infographic below and see how avoiding expensive coffee can save you as much as P34,800 a year. We used Starbucks as an example, because who doesn’t love that White Chocolate Mocha or Caramel Macchiato? It sounds almost impossible that you’re spending this much without even realizing it. As the saying goes: “big things have small beginnings,” meaning that little expenditures do add up. One of those? Your daily coffee run. Did you know? 80% of Filipinos drink 2.5 cups of coffee a day 20% of customers go to Starbucks 4 times a week Now, that sounds expensive… The Numbers Game Looking at someone who spends Php 145 a day, five times a week on a cup of Starbucks. How much does that add up to in a year? Weekly: Php 725 (Php 145 x 5 ) Monthly: Php 2,900 (Php 725 x 4) Yearly: Php 34,800 (Php 2,900 X 12) But I need my Starbucks! Instead of drinking that special brew daily, why not treat it as a gift to yourself at the end of the week for…

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How Security Products Save You Money over Time

In the first five months of 2014, more than 5,000 cases of robbery and more than 9 thousand cases of theft were recorded all around the Philippines.  Unexpected occurrences like these can take our belongings in an instant, and can be especially devastating if we are caught unprepared. The good news is that these can be prevented.   If you live in a neighborhood with a reputation for crime, investing in security equipment can save you money that would have been spent buying a replacement for stolen property. Security Products CCTV Closed-circuit TVs (CCTVs) or security cameras are now available for Filipino homes. Having one or two guarding your house is one of the cheapest investments you can make to reinforce security. CCTV footage has been used by police all over the world to solve crimes that would have been harder in the past due to a lack of witnesses. Having extra eyes watching over you will definitely make you sleep better at night. Cost: P6,000.00 – P 80,000.00 Value for Money: Saves you time and money you would’ve spent looking for the culprits   Burglar Alarm System We are so used to just seeing motion detectors on espionage films. Today, they are widely available in real life. House or office intrusions may be deterred once the alarms go off from this item set. Some of these devices even combine features of fire detectors, keeping you safe in case a fire breaks out. Cost: P1,000.00 – P10,000.00 Value for Money: Deters robbers and prevents you from losing your valuables Smoke Detectors,…

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10 Pinoy Travelers Share Their Budget Secrets

Here at MoneyMax.ph, we believe you don’t have to give up the good things in life to save money. Thanks to the miracle of Internet crowdsourcing, traveling on a budget has never been easier. If you’re looking for a break from your daily routine in the city, there’s no better time than now to start the adventure of a lifetime! Read More: How to Save When Travelling in the Philippines We’ve rounded up 10 of our favorite travel bloggers, along with some choice bits of wisdom they’ve shared for hitting the road on a shoestring budget. 1. Angel Juarez of Lakwatsero[1] Will you tell us a little something about the blog and how it started? When the travel bug started to bite me, there was still a scarcity of travel information available on the web; information a traveler usually needs—the hows and whats of a certain destination and everything in between. So I decided to keep notes of my travels to serve as a reference not only for me but for others as well. Everything grew from there, then I just woke up one day realizing that I am not the only one reading my blog anymore. Emails and comments poured in, mostly asking questions on destinations I blogged about, some just dropping a line to say “thank you” and some random messages expressing how my blog inspired them to travel. These messages fueled me to travel more and blog more. If you were to be known for one budget travel tip, what would it be? Six years ago, when Calaguas…

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