All Articles With Category : Lifestyle

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

You’re Going to Heart These Deals: Valentine’s Day Promos for Foodies and Shopaholics

In a few days’ time, your social media feeds will be filled with essay-length posts from lovestruck people professing their romantic affection to their significant other. Shops will be adorned with tiny paper hearts fluttering in the air. You may even stumble upon funny hashtags, such as #SingleAwarenessDay. It’s that time of the year again―Valentine’s Day is upon us, folks! Whether you love shopping and dining or just want to impress your partner, we’ve listed down some of the most exciting Valentine’s Day promos that will help you save a lot. Love is in the air. Or shall we say exciting deals are in the air!  Dining Promos for Valentine’s Day 2022 The way to a person’s heart is through their stomach, so make sure your loved one will be treated to nothing but the best. Here are some Valentine’s promos for restaurants that will surely make your significant other fall in love with you all over again.  Citibank Valentine’s Day Promos on Dining 2022 If you want a posh set-up for your Valentine’s soirée for two, Citibank has promos at some exclusive restaurants within and outside the metro. For the complete list of promos, visit Citibank’s website.[1] HSBC Valentine’s Day Promos on Dining 2022 Staying at home or planning a hotel staycation? HSBC got you covered. Just present your card at the following restaurants to avail of dining discounts this Valentine’s day. Read more: Last-Minute Ideas to Make Your Valentine’s Day Special RCBC Valentine’s Day Promos on Dining 2022 Take your date on an Asian food escapade with Valentine’s…

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What “All of Us Are Dead” Has Taught Us About Life and Money

Another Korean TV show is creating a buzz online. It involves a group of high school students and a whole lot of zombies. If you’re looking for your next Netflix binge, make sure to add “All of Us Are Dead” to your list.  The zombies in “All of Us Are Dead” are fast and merciless. You should see them crawl on floors! You can also get infected and turn in just minutes, adding to the tension and panic. But apart from the horror and the gore, the newest Netflix hit is also teeming with great life lessons.  In fact, there are so many. But we’ve picked the 10 best ones from the show. Don’t worry if you’re only on “All of Us Are Dead” episode 1―we won’t spoil the episodes or the ending for you. So keep scrolling!  What is “All of Us Are Dead” All About?  “All of Us Are Dead” is a South Korean coming-of-age zombie apocalypse series created by Lee Jae-kyoo, Chun Sung-il, and Kim Nam-su. You may wonder why the story’s quite familiar. That’s because “All of Us Are Dead” is based on a Naver Webtoon called “Now At Our School”, which was published between 2009 and 2015. “All of Us Are Dead” follows a group of high school students at Hyosan High School who gets caught in the middle of a deadly and horrifying outbreak. Cut off from the outside world with no food and water, the group must gather their wits and strength to fend off and escape the zombies (and zombie hybrids!). All…

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Best Investment Tips and Advice for Newlyweds

Cheers to the newlyweds! You’ve gone through months (or maybe even years!) of preparation for the big day, and the wedding turned out to be even more fantastic than you imagined. Now that the wedding cake has been consumed and all the wedding gifts opened, it’s time to get serious and start planning that prosperous life you and your partner envisioned. With the endless list of advice for newlyweds which you’ve been getting from family and friends, it seems hard to make mistakes now, especially when it comes to managing your finances.  If you did your wedding planning right, all wedding expenses would have been paid off already after the ceremony. So the real challenge now for you and your new spouse is making the big decisions regarding money and family.  A lot of newlyweds may feel apprehensive about the topic of marital finances. Don’t worry―here are some great investment tips and advice for newlyweds like you. The Best Investment Advice for Newlyweds To get your married life off to a good start, make sure that you and your spouse take note of these things.    1. Start Getting Rid of Debt Beautiful weddings are so romantic, but weddings cost a lot, too. You may have taken out a wedding loan to achieve your dream wedding, and that’s okay. Just remember that it’s great to start married life with zero debt. If you took out a personal loan for the wedding, make sure that you’re regularly paying it off. As much as possible, settle it fully before you make another major purchase…

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Welcome, Year of the Tiger: Best Deals on Chinese New Year Food in the Philippines

The first month of 2022 feels like a very long year. There have been spikes in COVID-19 cases, and election-related anxieties are manifesting. Moreover, there are countless events that have stressed everyone out. Evidently, people’s momentum in terms of optimism has been somewhat halted. Nevertheless, you’ll always find a break in the midst of it all. As the loooong month of January comes to a close, you can’t help but anticipate the colorful and festive Chinese New Year celebrations. The Year of the Water Tiger is upon everyone, and what better way to revel in it than with delicious food. Thankfully, there are plenty of Chinese New Year deals you can enjoy to help you celebrate while saving a lot of money. Keep reading for the best promos on Chinese New Year food in the Philippines this year.  Top 2022 Promos for Chinese New Year Food in the Philippines  The Year of the Water Tiger’s opening salvo will surely excite foodies and those looking for something new. Here are top deals and discounts that you should take note of: Citibank Credit Card Dining Promos Got discriminating taste? If you have a Citibank credit card, you can use it to enjoy exclusive discounts at high-end and top-rated restaurants in the metro. Read more: Plan Your Time Off: Holidays in the Philippines and Long Weekends in 2022 HSBC Credit Card Dining Promos Heads up, HSBC cardholders. Enjoy two exclusive deals in time for the Chinese New Year at two upscale hotels in the city. Okura at Home Hotel Okura Manila offers you…

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House Contractor in the Philippines: How They Can Help Build Your Dream Home

Building your dream home is definitely exciting. You get pumped up as you scour different interior design magazines or watch celebrity house tours on YouTube.  This endeavor, however, will always be a tall order. It doesn’t stop at pinning inspirations on your mood board or window shopping at IKEA. What comes after is just as important as the planning stage. And that can be a messy affair, especially if you’re doing everything on your own.  With all these considerations, you’ll realize that you need someone who will help you build everything from the ground up. In this case, that would be a house contractor.  We’ve come up with an easy-to-understand guide that will help you learn and appreciate the importance of working with a house contractor in the Philippines. Moreover, we’ve listed down the top house contractors in the country that you may want to include in your list.  What is a House Contractor?  In simple words, a house contractor is the company or organization that will build your home. It will be responsible for managing the costs of the entire structure and making sure that you stay within the set budget. The house contractor will also make sure that all your design plans are feasible and safe.  Contracting companies are usually composed of different engineers, carpenters, construction workers, electricians, plumbers, and foremen. In some cases, you may find a company that also has an architect or interior designer in the mix.  What are the Pros of Working With a House Contractor in the Philippines? In general, working with a…

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Ask Moneymax: What are My Rights Under Consumer Act of the Philippines?

As the Omicron variant of COVID-19 surges and the quarantine restrictions have become stricter again, more and more Filipinos resort to electronic transactions. Online purchases in the Philippines have rapidly increased since the pandemic. However, this has also resulted in a myriad of woes from consumers regarding defective items, poor quality, or issues about sellers who mislead customers just to increase sales.  In a country where malls are a place to shop, dine, unwind, and pray (most malls have chapels and masses on Sundays), it was a leap to embrace online shopping. Some government agencies even had to establish their satellite branches in malls to make their services more accessible to the public. Before the pandemic, one could hardly imagine Metro Manila without its sprawling shopping centers flocked by crowds.  Now that many transactions are done online, consumer complaints also run aplenty. Frequent concerns include, Can defective items be returned? Are warranties applicable? What are the rights of consumers? Is the “No Return, No Exchange” policy legal?  We will address these consumer rights-related questions in this article. Know Your Rights: Understanding the Consumer Act of the Philippines 1. Are there laws in the Philippines that protect consumers? Yes. There is a wide range of laws and regulations in the Philippines that protect consumers.  The 1987 Constitution provides that consumers must be protected from trade malpractices and substandard or hazardous products. Thus, in 1992, Republic Act (R.A.) No. 7394 or the Consumer Act of the Philippines[1] was passed. According to the ASEAN Peer Review on Consumer Protection, the Philippines possesses one…

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Buying a Home? Get to Know These Property Developers in the Philippines First

You already know that a real estate property makes a good investment. But you have to understand that the success of such an investment will depend on your decisions early on. Surely you want to avoid buyer’s remorse. More importantly, you don’t want to waste your hard-earned money on something you don’t want or deserve. So, if you’re planning to buy a home, you need to work with a reputable property developer in the Philippines.  If you’re entirely new to home buying, this guide is for you. Foreigners who want to gauge the real estate landscape of the Philippines can benefit from this article as well.  What is a Property Developer? A property developer in the Philippines is an organization or company that develops real estate assets for profit, such as houses, condominiums, apartments, and commercial buildings.  Property developers also build villages, communities, and townships or mixed-use developments that contain residential and commercial properties (e.g. Greenfield District in Mandaluyong, Eton City in Laguna, Vertis North, Arca South, etc.). They cater to different groups of home buyers, so expect that each property developer has client tiers. What are the Advantages of Working with a Property Developer in the Philippines?  Primarily, buying a home from a property developer will allow you to make the most of your money in the long run. Nevertheless, here are some of the top advantages of working with them:  1. You Get a High-Quality Real Estate Asset  When you buy from a trusted real estate developer, you have every assurance that you’ll get what you pay for…

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What You Need to Know About Using an E-Bike and E-Scooter in the City

More and more people are turning to electric motorcycles and scooters these days, and you’ve probably seen them on streets everywhere. It comes as no surprise, given the traffic and parking problems that motorists in the Philippines have to contend with every day. E-bikes and e-scooters are great alternative modes of transportation to get around the city. Compared to conventional gas-powered motorcycles, these light electric vehicles are more economical, environment-friendly, and convenient. Should you ditch your car in favor of an electric bike or scooter? Think things through first. We’ve put together a handy guide that will help you come up with a wise decision. E-Bike and E-Scooter: What’s the Difference? E-bikes and e-scooters are the same in the sense that they’re both running on batteries and that used for personal mobility. Structurally speaking, however, there are obvious differences between the two. An e-bike takes on the look of a traditional bicycle, or even a motorcycle, and may or may not come with a pedal. It also comes with a seat, which makes for a comfortable ride. Some varieties of e-bikes have three wheels and may look like a taxicle. E-bikes of this type allow you to carry passengers and loads, such as groceries. An e-scooter, on the other hand, looks very much like its non-motorized counterpart.  What makes it different, though, is that it’s much larger. It has bigger wheels and a more spacious deck, which conveniently accommodates the rider. Riding it just requires you to stand on the deck as you let the electric motor move the wheels….

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The Year That Was: Looking Back on the Most Important 2021 Events

To say that the year 2021 is an eventful one is an understatement. In retrospect, one can definitely say that this year is much better than the last. Some parts of it may have upset us, but you can never discount the fact that it has a lot of winning moments that made us smile and hope. You already know the adage, “Ang ‘di lumingon sa pinanggalingan ay ‘di makararating sa paroroonan.”  So, before we move on to the next year, let’s pick up the lessons that this year has given us. The insight and moral that came with each event, no matter how big or small, should serve as our compass when we navigate the future.    Here’s a compilation of the most memorable 2021 events that left a mark in every Filipino’s life. Top 2021 Events That Shook Us Let’s face the uncomfortable first: the news that stirred our emotions in a not-so-desirable way. Here are some 2021 happenings that tested not just our faith but also our unity.  PNoy’s Sudden Passing In June, former President Benigno “Noynoy” Aquino III passed away at the age of 61. Apparently, he was suffering from different health conditions since 2019. Other than undergoing a heart procedure, he also underwent dialysis for at least five months. PNoy was known for his “Daang Matuwid” battle cry. During his term, poverty incidence went down from 26.3% to 21.6%. Among the seven administrations, PNoy’s leadership recorded the lowest inflation rate.[1] The Philippine Air Force C-130 Crash In the middle of the year, a tragedy struck the…

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New Year Countdown Events to Usher in 2022

Last year, the whole world experienced a different kind of New Year’s Eve. Lockdowns and social restrictions forced families and businesses to take their celebrations and countdowns online. Truth be told, it wasn’t as exciting as the pre-pandemic New Year’s festivities, but people couldn’t afford to be careless. At the latter part of this year, however, things started looking up. A lot of Filipinos have already been vaccinated, and some are also starting to receive their booster shots.[1]  Authorities have either eased up on certain restrictions or completely lifted them. You could see malls reverting to their pre-pandemic state, and the holiday rush has been manifested by traffic jams and busy businesses. With all these improvements, you can expect that New Year’s Eve in the country will be alive and eventful once again. So, the question is where should you spend your New Year countdown? Some may elect to go to the beach for a quiet countdown or visit their relatives in the province for loud merriment. But if you wish to stay in the metro, there are a few options that you can look into. Here are some of them: New Year Countdown Events in the Philippines Resorts World Manila’s Grand Countdown to 2022 Resorts World Manila is not new to New Year celebrations. It knows how to spice things up, and it always delivers. For this year’s Grand Countdown, Resorts World Manila will be bringing in two legendary OPM icons to usher in 2022―Aegis and The Dawn. This 2022 countdown in Manila will also be hosted by Nicole…

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How This Young Couple Built Their Dream Home in the Middle of a Pandemic

It was the height of the COVID-19 pandemic, and she just gave birth to her first child. But Moneymax’s Senior SEO Specialist Pierre Angela Salonga and her husband John were still able to build their dream house in Malolos, Bulacan. Their simple dream home is a beautiful 90-sqm bungalow that sits on a 150-sqm lot in Atlag, Malolos City. Pierre and John opted for a Western-style design with two bedrooms, a one-car garage, and a pocket garden.  It was a scary time to embark on a major financial endeavor. Despite the pandemic, everything just fell into place for Pierre and her family. Read her full interview here about their smart steps to building a house and what it’s like to do it in the middle of a pandemic.   Steps to Building a House: How We Built Our Dream House  What was your living situation before you moved to your new house?  Before I got pregnant with my son Juan Gabriel, or Gab-Gab, we lived with my parents. Then after I gave birth, we moved to an apartment that my husband’s parents were renting out and stayed there until our dream house was finished.  Even if we were living in the apartment rent-free―at my in-laws’ insistence―we wanted a place we could call our own. We wanted our own home.  “We wanted a place we could call our own. We wanted our own home.” Why did you choose Malolos, Bulacan to build your dream house in? My husband and I are both from Bulacan. I grew up in Calumpit, and he grew…

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How to Save Money This Christmas: 8 Tipid Tips to Enjoy Your Quarantine Holidays

It was a long journey, but we’ll all soon reach the end of 2021. Good thing, we can all bookend the year with the holiday season. With only a few days away from the celebrated day, here are some tips on how to save money for Christmas. Because evidently, the COVID-19 pandemic will change the way we celebrate Christmas this year, and you’ll definitely need to save up more for the upcoming year. How to Save Money for Christmas in 2021 Save and Spend Your Christmas Bonus Wisely December is indeed a wonderful time of the year, especially for the employed folks out there. Bust out the classic Aegis song because it’s time for your Christmas bonus and 13th month pay. You get paid this much only once a year, so it’s important to handle your money with care. You have a choice to make: either save all your holiday earnings or spend it all on holiday cheers. Or there’s a third option: save and spend. Why not divide your earnings in half and use the other half to fund this year’s Christmas celebration? Use this opportunity to either start an emergency fund, a retirement fund, or even an investment fund. You can also take this chance to practice your budgeting skills by managing gifts, noche buena, and other holiday budgets. Set a Spending Limit for Exchange Gifts Speaking of gifts, you’ll undoubtedly spend money on gifts of any size this December. But in previous years, you probably exceed the budget just on gifts, leaving you with almost nothing or knee-deep in…

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Old Home Makeover: How to Save on House Renovation Cost in the Philippines

Perhaps you’ve been living in the same old house for 10, 15, or even 20 years. There’s no doubt about it―the homeyness of the place makes you feel welcome, safe, and content. But if you’ve been living in the same home for that long, there’s definitely been a time when you wondered how your home will look if you renovated it. The prospect sounds exciting, especially when you find lots of inspiration while browsing Facebook groups, such as Home Buddies.     Maybe you’ve received a windfall that will help you achieve that Boho chic interior design.[1] Or maybe the family is getting bigger. These situations make valid reasons for renovating an old house. But understand that the task at hand is not going to be simple. You’ll have to be more careful when handling the delicate parts of the house, and of course, you need to take care of the budget. We’ve come up with a comprehensive playbook that will help you spruce up your old home while making sure that your house renovation cost in the Philippines won’t leave you broke. Tips to Save on House Renovation Cost in the Philippines Renovating an old home can be expensive, so you need to be wise when it comes to spending your budget. You can save a few thousand bucks if you have discipline and know your priorities. Here are some pointers that will help you save on house renovation costs in the Philippines. 1. Set a Budget and Stick to It Start with a well-defined budget that covers all home renovation…

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14 Online Toy Stores in the Philippines for Kids and Grown-ups

It’s just a few days before Christmas. Nothing—not even the pandemic—can stop us from spreading holiday cheer. Put a smile on the kids’ faces by gifting them with cool toys from any online toy store in the Philippines. If you’re a hobbyist, treat yourself by shopping for more collectable playthings. If you’re feeling uncomfortable and wary of going to the mall for your Christmas gift shopping, your best bet is to shop for gifts online. Good thing, too, because some toy stores in the Philippines have launched their own online stores, so people can shop from home instead of flocking to the malls. Here’s a list of online toy stores in the Philippines where you can buy gifts for your children, nieces, nephews, inaanaks, yourself, or even loved ones who are kids at heart! What is the Best Online Toy Store in the Philippines for Kids? Top 7 Options 1. Toy Kingdom Online Store Do you always buy gifts for the kids at Toy Kingdom? No need to go to the mall this time. You’ll be glad to know that you have not just one but three ways to shop online at one of the most popular toy stores in the Philippines. Toy Kingdom opened its e-commerce website in September 2020 for customers who prefer to shop online. The Toy Kingdom online store has guaranteed delivery services and a 15-day return policy. Alternatively, if a particular item you’re looking for is not available on the Toy Kingdom website, you can shop at its Lazada, Shopee, or MetroMart store. Delivery location: Nationwide…

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Handy List of Holiday Mall Hours for Hassle-Free Shopping

The holiday season has officially begun. It seems like things are going back to normal with the easing of COVID-19 quarantine restrictions in the metro. People are trooping back to the malls to do their holiday shopping and to buy their noche buena ingredients in the supermarkets. Minimize the stress that comes with holiday shopping by planning your schedule before heading to the mall. Fortunately, mall operating hours in Metro Manila have been adjusted to open earlier at 10 am on weekends and holidays. According to the MMDA, this will help ease traffic in the metro this Christmas season.[1] So check out this list of holiday mall hours in Metro Manila for 2021. December 2021 Mall Hours in Quezon City Ali Mall, Farmers Plaza, and Gateway Mall Operating Hours December 10 and 11, 17 and 18 11 am to 10 pm (retail/services) 11 am to 10 pm (F&B and restaurants) December 24 and 31 11 am to 7 pm (retail/services) 11 am to 10 pm (F&B and restaurants) December 25 12 pm to 9 pm (retail/services) 11 am to 10 pm (F&B and restaurants) Rest of December: 11 am to 9 pm for retail/services and 11 am to 10 pm for F&B and restaurants January 1, 2022 12 pm to 9 pm (retail/services) 11 am to 10 pm (F&B and restaurants) January 2, 2022 onwards Sunday to Thursday: 10 am to 8pm (retail/services) and 10 am to 9 pm (F&B/restaurants) Friday to Saturday: 10 am to 9pm (retail/services) and 10 am to 10 pm (F&B/restaurants) Read more: Are you Financially…

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10 Important Money Lessons from Money Heist

Can you recite all the Money Heist characters’ names without skipping a beat? What about describing all the Money Heist deaths in great detail? Are you the unofficial Money Heist meme sharer in your group chat? Congratulations, you’re a certified Money Heist fan!  We strongly urge you not to plan your own bank heist, now or in the future. But you can indulge yourself in these key takeaways from the show, especially when it comes to money and a little bit about life, too. What is Money Heist About? The hit Netflix show is about a group of robbers with different backgrounds recruited by The Professor, a brilliant and unassuming man, to help him carry out a heist in the Royal Mint of Spain (their first). Each heist crew is also given a nickname, specifically famous cities in the world: Tokyo, Moscow, Berlin, Nairobi, Rio, Denver, and Helsinki. More members join the team as the show progresses, with bigger heists and bigger stakes. But more than the elaborate plot to rob banks, outsmart the police, and lay out escape routes, Money Heist also has a lot to teach us about money and life in general.  10 Money Lessons We Learned from Money Heist Here are just some of the Money Heist lessons we’ve learned from watching all the heart-pumping and nail-biting episodes. 1. Capitalize on Your Strengths So what’s your superpower? What can you do superbly even with your eyes closed? Whatever it is, focus on your strengths and expect great results.  This is what The Professor did when he…

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12.12 Sale Alert! Check Out These December Deals from 15 Websites and Apps

Shopping for gifts this Christmas? Or perhaps you want to treat yourself to some clothes and shoes? Satisfy your shopping and dining cravings and save some money this month with the much-awaited 12.12 sale online. Here’s a roundup of various 12.12 online sales that you shouldn’t miss this holiday season—we’ve got electronic deals, fashion deals, and furniture deals online. Check them out! 12.12 Sale in the Philippines: Best Deals to Check Out This Year Lazada 12.12 Grand Christmas Sale Sale period: December 12 to 14, 2021 Get awesome discounts on Lazada’s 12.12[1] online sale this year. Grab the best deals on beauty, gadgets, home, and even pet care when you shop at LazMall. Enjoy free shipping with no minimum spend, and get Lazada Bonus vouchers with every PHP 600 spend. Start adding to cart from December 5 to 11, and check out from December 12 to 14. There are also daily flash sales happening on the Christmas Sale, so don’t miss out! Best Deals from Lazada 12.12 Up to 90% off PHP 60 off Lazada Bonus voucher with every PHP 600 spend Free shipping with no minimum spend Exclusive Brand Mega Offers Collect raffle entries for a chance to join and be the next Lazada Millionaire Exclusive free gifts when you check out with your credit card Read more: Ask Moneymax: What are My Rights Under Consumer Act of the Philippines? Shopee 12.12 Big Christmas Sale Sale period: December 12 to 15, 2021 Are your wallets ready for your next budol? Gear up for the grandest, biggest, and most exciting…

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Should You Buy or Build a House? Important Things to Consider

As you plan to settle down, raise a family, or make your first real estate investment, one of the things you also need to consider is whether to buy or build a house. The good news is 2022 might be the best time to do it, with the real estate scene gradually recovering amid the pandemic.[1] But how do you know if it’s more practical to purchase a home than build it from the ground up? What are the considerations before signing the contract or making the down payment? In this guide, we’ll help you decide if you should buy or build a house by delving into the pros and cons, so you’ll know what to consider. Pros and Cons of Buying a House Buying a house can be overwhelming, especially if it’s your first time. You have to consider the location, your budget, the features of the house, and the documents that come with the property. But it’s also a good investment and a milestone that you should be mighty proud of. If you’re considering buying one, first know the pros and cons of buying a house. Advantages of Buying a House Move in Anytime Buying an already-built house means that you can move in as soon as your paperwork is done. If you’re in a time crunch and you want your house to be ready before the baby comes, for example, then buying one will give you a place to settle in as soon as possible. Save Time If you don’t have the luxury of time to coordinate with…

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Cars in the Future: What Will They Look Like?

The future has always sounded exciting not just for futurists but also for car lovers. Nothing has stirred people’s curiosity more than the possible look and function of cars years from now. In fact, musings over this have inspired car makers to come up with wild concepts. Some of these ingenious ideas have even permeated the mainstream media through movies, such as Back to the Future, Mission Impossible, The Dark Knight, and Blade Runner 2049, just to name a few. But what will cars in the future actually be like? It used to be so hard to grasp. But with the technology and data we have now, predicting the future of cars, and driving in general, might have just become easier. Read on to see how promising future cars will be. Read more: Got a New Car? Here’s What You Should Before Hitting the Road The Cars of the Future If you’re wondering what you’ll be driving years from now, here are the impressive futuristic cars that will hit the road―well, some of them already have! Electric Cars For some, electric cars may not sound that exciting anymore. You’ve already heard of Tesla. Moreover, China’s electric vehicle market is already growing fast.[1] But if you come to think of it, electric cars can significantly change the future. There will come a time when cars will no longer burn fuel to run. When that happens, fuel emission will be reduced, which in turn will make for a greener Earth.  The world is somehow transitioning, as a lot of car brands―from Toyota…

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Should You Buy or Rent a House? Know the Pros and Cons Before You Decide

Having a place to call your own is everyone’s dream. Pandemic or not, all we want is to provide a safe and comfortable place for ourselves and our loved ones. This desire comes with the decision to buy or rent a house.  Renting is probably the easier choice. However, when you rent, you can’t stay in your house forever because you don’t own it.  On the other hand, buying a house guarantees you’ll have a house to live in for the long-term. But the initial considerations are quite taxing and dependent on your financial capacity.  In this article, you’ll learn more about the factors to consider when choosing to buy or rent a house. What’s the Difference Between Renting and Owning a House? To move out of your parents’ home and get your own place is quite a goal. It’s a huge decision that could affect your finances and your life as a whole.  Renting can be an option because it allows you to occupy a living space just by paying monthly rent to the owner. Just remember that regardless of how long you’ve rented the house, it doesn’t make you the owner of the house.  Buying a house is a different story. You automatically become the owner of the house after payments have been made and the paperwork is done. Whether you buy it in installment or in cash, you have authority over the property, which means you can sell it or have it rented out.  Read more: Tips When Buying Your First Real Estate Property Financial Considerations When…

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