What is Metaverse in Crypto and Other Important Things You Should Know
- By Moneymax
- April 18, 2022
When you think about the future of gaming, what comes to mind? VR? Augmented Reality? These are part of the future of gaming, but another platform is starting to gain traction — blockchain games. As mobile gaming and cryptocurrency become more popular in the Philippines, it’s essential to understand the technologies that make them work. This article will answer what is Metaverse blockchain and how it makes digital assets like tokens and virtual reality games possible. Learn how it works and its potential in generating income through investments in digital assets. What is Metaverse and Its Origins? The Metaverse is a term coined by Neal Stephenson in his science fiction novel Snow Crash[1] to describe a virtual reality (VR) world where users can interact with each other and computer-generated characters and objects. The word “metaverse” is a portmanteau of the prefix “meta” (meaning “beyond”) and “universe.” Stephenson described the Metaverse as “the next place to be,” an extension of cyberspace that would be used for more than just communication and information exchange. In Snow Crash, the Metaverse is a 3D virtual world where users can create avatars to represent themselves and interact with others in various ways, including flying, driving, and shooting. How Does Metaverse Work? The metaverse is a digital universe that exists beyond the physical world. It’s a place where people can interact with each other, and with digital content more immersive than ever before. The metaverse is also a platform for creating and sharing new experiences, for commerce, and for entertainment. What are the Key Features of…
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Just Tied the Knot? 10 Tips to Find the Perfect House for Newlyweds
- By Moneymax
- April 11, 2022
Ready for the next chapter of your life? If you’re reading this, home-buying is clearly on the horizon for you. It hardly matters if you’ve recently tied the knot, are still planning for the big day, or are just looking to build a home with your significant other. Just reaching this milestone is a great feat on its own and should be met with deserved cheers. Congrats on unlocking a new level of adulting! Take a moment to celebrate. But when the applause dies down, make sure to plant your feet back on the ground. Remember that home-buying is not as glamorous as it seems. You need a lot of time, money, patience, and—if this is your first big purchase as a couple—courage to get through this in one piece. Lucky for you, we have some tips below on how to buy a house for couples so that you don’t have to go house-hunting with a blunt spear. 10 House-Hunting Tips for Couples Buying a house isn’t as easy as they make it look in lifestyle shows: couple shows up at an open house, falls in love with the place, and then issues a check before the episode is over. In real life, there are a lot of things to consider before you decide on the perfect house for couples. Here are the most important ones. Do a Finance Health Check An important piece of advice for first-time home buyers is to evaluate your joint financial situation early on. Take a minute to sit with your partner and lay all…
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No More Bill Shock: How to Compute Your Meralco Bill and Electricity Consumption
- By Adji Hendrawan
- April 8, 2022
Don’t you just hate getting shocked by how much your electricity bill has increased compared to previous months? Especially now that it’s the summer season once again and you’re mostly at home, your electric consumption is probably higher than before. Here’s a guide on how to compute your Meralco bill to avoid bill shock. Breaking Down Your Meralco Bill Payment According to Meralco, only 17% of your total bill[1] goes to the company. This means that if your total bill for March 2022 is ₱3,000, only ₱510 of this goes to Meralco. So where does the rest of your payment go? Here’s the breakdown. 55% to Generation Charge The Generation Charge goes to paying Meralco’s electricity suppliers, like the Independent Power Producers (IPPs) and other power producers. 10.1% to Transmission Charge The transmission charge is also known as the delivery charge. When Meralco buys electricity from its power suppliers, it pays 10.1% for the cost of delivery for the electricity to reach Meralco’s distribution system. The transmission charge goes to the National Grid Corporation of the Philippines (NGCP), which is the provider of transmission services. 17.5% to Distribution Charge Meralco takes 17.5% from your bill to cover the cost of distribution, which pays for the construction, development, operation, and maintenance of the distribution system. This distribution system is used in delivering electricity from high-voltage transmission grids to end-users. 11.7% for Taxes This covers local franchise tax, Value Added Tax, Tax Recovery Adjustment Charge (TRAC), and Missionary Electrification Charge, just to name a few. 5.7% for Other Charges System loss and…
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What You Should Know About Green Investments in the Philippines
- By Adji Hendrawan
- April 7, 2022
The effects of climate change are real. We experience them globally with more intense storms, heat waves, drought, rising sea levels, warming oceans, and melting glaciers. The result? Loss of lives, properties, communities, and livelihoods. Sadly, the effects of climate change will only get worse and more devastating in the future, unless we start doing our part in supporting green companies and their green projects, such as green investments. What exactly are green investments, and why should we care? Keep reading to learn more. But First, What is Green Finance? Green finance isn’t a new term. In fact, its roots go back as far as the 1970s. However, it was only in 2015 that it reached the critical threshold when the Sustainable Development Goals and the Paris Agreement were launched.[1] The simplest definition of green finance is any structured financial activity that’s been created to ensure a better environmental outcome.[2] This can be financial services or products such as investments, loans, or debt mechanisms, which encourage and support environment-friendly projects, or any financial activity that reduces the impact on the climate. It can even be a combination of both. The goal of green finance is to promote green activities and eco-friendly projects that are also economically friendly. Furthermore, it seeks to ensure that green investments are given priority over regular investments, which only promote unsustainable growth patterns. Read more: Investments for Beginners: Find the Right Investment for You What are Some Examples of Green Finance Products? There’s a wide range of green finance products and services, and they’re categorized into…
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Holiday Pay Rules and Computation for Employers and Employees in the Philippines
- By Adji Hendrawan
- April 6, 2022
As an employer, do you observe the holiday pay rules mandated by the Labor Code of the Philippines? And if you’re an employee, are you paid correctly for the work you’ve rendered on a holiday? You might dismiss the importance of this kind of pay, but it’s essential to know the holiday pay computation in the Philippines. For employees, it ensures they receive fair compensation for working on a holiday. For employers, it ensures compliance with the law and prevents salary disputes from employees. Here’s everything you need to know about holiday pay in the Philippines. What is Holiday Pay? Holiday pay is the amount that eligible employees in the private sector receive—whether they worked or not—on a regular or special non-working holiday. Under the Philippine Labor Code,[1] employees covered by holiday pay rules should receive at least 100% of their salary even if they didn’t report for work, as long as they’re present on the workday or on paid leave on the day immediately before the holiday. Who is Entitled to Holiday Pay? Not all employees in the Philippines are entitled to this kind of pay. You’re exempted from receiving this government-mandated benefit if you belong to any of the following groups: Workers for retail and service companies with less than 10 regular employees Managerial employees Managerial staff members and officers Government employees Kasambahays Employer’s family members who are dependent on the employer for support Employees engaged on task, contract, or purely commission basis Read more: Holiday Money Mistakes You Should Avoid How to Compute Holiday Pay in the Philippines…
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Your Complete Guide to Lalamove Delivery Rates in the Philippines
- By Adji Hendrawan
- April 1, 2022
Years and years ago, scouting for delivery or moving services was such a taxing chore. You’d find yourself combing through different telephone directories or even browsing the classified ads sections of countless newspapers. If you were lucky enough, a family relative or a friend would give you a recommendation. But all of that is a thing of the past now. Thanks to your smartphone, finding a delivery or moving service is just a few taps away. One of the most popular companies in this industry is Lalamove Philippines. Lalamove can deliver a wide range of items, from documents that you’ve forgotten at home to furniture that you’ll move to a new crib. Are you running a restaurant or shop? If you don’t have your very own delivery service, Lalamove can fill that gap with their business solutions. If you want to know more about how Lalamove can help you, check out this comprehensive guide. This article also covers Lalamove delivery rates, so you can plan your personal transfers accordingly. What is Lalamove? Lalamove is an on-demand and scheduled delivery app that connects individuals and businesses to its partner drivers for same-day and door-to-door courier services. This online delivery company[1] operates in several countries across the United States, Latin America, and Asia, including the Philippines. What are the Benefits of Getting Lalamove’s Services? As expected from a technologically driven delivery service, Lalamove has qualities and features that make life easy. Here are some of the things that may convince you to try its services: 1. Quick Response You can connect with…
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How to Buy Axie Infinity Coins Using Binance: A Guide for Players and Investors
Non-fungible token (NFT) games are all the rage these days. They’ve given people a new way not only to entertain themselves but also to make money. One of the most popular NFT games in the Philippines is Axie Infinity. The pandemic pushed a lot of Filipinos to play Axie Infinity.[1] The response to the game was overwhelming, attracting a lot of new players. And because the game runs on two virtual currencies with a real-life value, many crypto investors started venturing into this metaverse, too. The game’s two coins, namely Smooth Love Potion (SLP) and Axie Infinity Shards (AXS), can now be traded on Binance, the world’s largest crypto exchange. If you want to know how to buy and sell Axie Infinity Coins using Binance, here’s a quick guide that you should check out. Read more: 5 Essentials for Cryptocurrencies: Get Started Now What are Axie Infinity Coins? If you’re new to the game, it’s important that you know the difference between Axie Infinity’s two native currencies: SLP and AXS. SLP is an Ethereum-based cryptocurrency that you’ll earn from playing the game. This is required for breeding Axies, which are the NFT characters that you’ll use for completing quests and battling other players. As of this writing, one SLP is equivalent to ₱1.10. AXS, on the other hand, is the game’s governance token. Just like SLP, this coin is Ethereum-based. Those who own AXS are directly involved in determining the future of the game since this particular crypto comes with in-game voting privileges. If you’re a serious investor, consider getting…
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Inheriting Property? Learn About Estate Tax in the Philippines First
- By Moneymax
- March 29, 2022
American genius Benjamin Franklin once said that nothing’s certain except death and taxes.[1] More than 200 years later, his wise words still ring true. And even in the event of your passing, you’ll still be troubled with taxes. Only this time, the family you’ve left behind will be the ones dealing with them. Such is a payable called estate tax. The ongoing presidential campaigns suddenly piqued the interest of the public in this matter.[2] And there’s no better time to discuss this than now. However, estate tax in the Philippines will always be a relevant topic. Knowing your estate taxes comes with some benefits. For one, it’ll help you prepare your family for what they’ll need to settle financially once they’re ready to receive your assets when you pass. On your end, it will help you come up with a smart transfer plan, which in turn will result to lower estate taxes. Keep reading if you’re ready to learn more. What is Estate Tax in the Philippines? The Bureau of Internal Revenue (BIR) defines estate tax as a tax on the right of the deceased person to transmit their estate to their lawful heirs and beneficiaries at the time of death and on certain transfers. Don’t confuse it with real property tax, which is associated with real estate. The latter is called amilyar, which is a tax on the value of a real estate property. Here’s a layman’s explanation. In case a person dies, transferring their properties and assets to their family will require a tax payment. Also, it’s important…
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4 Steps to Apply for a Franchise Business in the Philippines
When COVID-19 hit the Philippines in 2020, the entire economy suffered a blow. Large corporations and small businesses were forced to file for bankruptcy or close up shop, leaving average workers displaced from their jobs. This pushed many to try out different means of earning, securing, or growing their income to achieve financial security. Bolder souls tested out their pandemic-proof business ideas while first-time entrepreneurs took the franchising route—and for good reason. While the franchise industry also went through a rough patch because of the pandemic, it’s now expected to recover in 2022 before reaching its peak in 2025.[1] If you’re interested in exploring this profitable industry, check out this guide on how to start a franchise business. How to Start a Franchise Business: Know the Pros and Cons of Franchising Every business endeavor has two sides: the positive and the negative. You should consider both before making any commitments. Below are some pros and cons of franchising. Franchising Pros Lower Business Risk: When you franchise a business, you’re essentially replicating something that’s already been proven and established, thus minimizing any potential risk. Brand Recognition: You can skip a few steps in marketing as a franchise business means you get to inherit a familiar name and an existing customer base. Proven Operating Model: No more trial and error to see what works—all you need to do is adopt your franchise business’s existing systems, procedures, and best practices. Faster Return on Investment: Everything you need for your franchise business to succeed is already in place, so you can expect a faster…
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Be a Business Owner Today: 10 Steps to Starting Your Own Buy and Sell Business
- By Adji Hendrawan
- March 28, 2022
A buy and sell business is one of the easiest and cheapest small business ideas in the Philippines. You don’t need a business-related degree (though having one is an advantage) and large capital. Anyone—even college students, stay-at-home mothers, and inexperienced people—can start this kind of business for as low as ₱10,000. Buy and sell businesses can be profitable, too. Pinoys love good bargains in small quantities (also called tingi) but don’t have the time, energy, and patience for shopping at places like Divisoria. As a reseller, you buy cheap items in bulk and sell them in retail at higher prices. This allows you to offer low-priced products to budget-conscious consumers while still earning good profits. Above all, the internet makes building and running a buy and sell business from home one of the most profitable business ideas nowadays. Those are the whys of buying and selling for profit. Now, let’s tackle the hows of it. Here are the crucial steps aspiring entrepreneurs should take to start a buy and sell business in the Philippines. How to Start a Buy and Sell Business in the Philippines Considering starting a buy and sell business this year? It may seem like a daunting task. But if you do it slowly but surely, step by step, then don’t be surprised by your success! 1. Research Your Market Many small business owners skip this critical step because of the wrong impression that market research is both expensive and unnecessary. The exact opposite is actually true. Market research serves as the foundation of a business of…
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8 Driving Tips to Save Gas and Improve Your Fuel Economy
- By Moneymax
News about fuel price hikes is not uncommon to Filipinos. In fact, we’re all gearing up again for another fuel price increase after just a week of oil price rollbacks.[1] Now more than ever, every drop has become so precious that we really can’t afford to waste it. Unfortunately, there’s not much we can do about the soaring fuel prices. For now, all car owners can do is to save gas in every way possible. How to save gas while driving and keep your fuel expenses low? It’s all about changing your driving habits that waste fuel. Check out these driving tips on how to save gas when driving manual or automatic to increase your fuel economy. How to Save Gas While Driving: 8 Tips to Reduce Your Fuel Consumption 1. Avoid Hard Braking Braking hard as you approach a red light is less energy-efficient than coasting, raising your fuel consumption by as much as 40%. Not only does hard braking consume more gas. It also causes premature damage to the brake pads, discs, and rotors (which means spending more often to have your brakes fixed). Be aware of the cars in front of you. If you see them slowing down, anticipate that the traffic light will soon turn red, or that something ahead is causing traffic to slow down. Ease up on the accelerator pedal. And as much as possible, keep a good distance from the car in front of you to avoid using the brake. Remember, when you release the gas pedal, your car will retain some momentum…
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From Digital Art to Music: These NFT Celebrities are Earning Serious Money
- By Jay Pagkatotohan
- March 24, 2022
The art world has been changed forever. Gone are the days when artists needed to find a broker to sell their pieces at a good price, when online creators have to fight tooth and nail for the ownership of their work, and when collectors only had to invest in tangible artworks. That’s all thanks to non-fungible tokens or NFTs. The NFT art market’s starting to become a massive industry. And because NFTs have strong associations with artistic endeavors, it can’t be helped that celebrities are becoming part of this burgeoning trade. In this article, you’ll learn more about the nature of NFT in the art world. You’ll get to meet the stars, both local and international, who have dabbled in the business. You may also see some of the NFTs these celebrities have launched. Understanding How NFT Artworks Work For the uninitiated, an NFT art piece is a creative work or asset that resides on a blockchain. Because it’s non-fungible or unique, you can’t trade it at equivalency just like a cryptocurrency.[1] If you buy an NFT art piece, it means that you’re the sole owner of the said work. And if you’re an artist who puts their work on the blockchain, your ownership will be definitive and undisputable (unless you sell it). Even if reproductions of it exists online, you can easily prove that you’re the original owner of that piece. Read more: Another Blockchain Wonder: Understanding NFT in Crypto Why are Celebrities Joining the NFT Craze? There are obviously a lot of reasons and motivations behind a celebrity’s…
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Ready to Start Earning More? Here’s How to Earn Money on YouTube This 2022
- By Moneymax
- March 21, 2022
Humans are visual creatures. That’s why it’s no surprise that we’re drawn to video content more than any other media format. YouTube’s a testament to that—just ask anyone who’s ever been on the internet, and they’ll swear by the power of this video-sharing leviathan. Since its launch in 2005, YouTube has come a long way, with billions and billions of views to boast. No matter your interest—be it politics, celebrity gossip, education, or video games—you’ll surely find something to your liking on the platform. That’s how humongous YouTube has become. With the influx of traffic it gets by the second, it’s only natural that YouTube has grown into a money-making machine for its content creators. If you’re looking for a side gig or a new career that will let you jumpstart a cozy post-pandemic life, check out this guide on how to earn money on YouTube. How to Earn Money on YouTube: The Minimum Requirements Simply uploading a video on YouTube won’t earn you a dime. Also, you won’t be monetized by default just because you’ve set up your own channel and have a handful of followers. There’s a minimum threshold for subscriber and view count that you must meet for you to start getting that coveted YouTube payout. Want to know how to earn money on YouTube? Generally, to be eligible for monetization, your channel needs: at least 1,000 subscribers at least 4,000 watch hours over the last 12 months That means you have to either stay on the platform long enough to rack up those numbers, or you…
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Your Guide to Maximizing Your Earning Potential on TikTok This 2022
- By Moneymax
- March 15, 2022
TikTok is one of the world’s most popular social media platforms. Ever since it blew up among younger users worldwide, it hasn’t stopped smashing records. Recently, it was crowned as the most downloaded app in 2020[1] and 2021.[2] That’s two years in a row of absolute domination! With a user base that keeps growing by the second, TikTok’s hard to brush off. If you’re someone looking for a platform that pays, you’ve probably wondered about this before: Can you earn money from TikTok? The answer’s a short and sweet yes. The app’s massive following offers a huge potential for you to grow your audience and maximize your earnings while on lockdown. If you’re ready to capitalize on this app’s growing popularity, check out this guide on how to earn money on TikTok. How to Get Monetized on TikTok TikTok’s a treasure trove of fun, bite-sized videos about all sorts of things. It’s also a great hangout spot if you’re looking for a quick mood booster. But more than its entertainment value, TikTok’s monetary incentives are actually what draw creators, marketers, and entrepreneurs like yourself into the platform. Here are a few tips on how to monetize TikTok while enjoying the app: 1. Collect Virtual Gifts Through Lives One way to earn money on TikTok is by hosting live videos and collecting Virtual Gifts such as Diamonds from viewers. Diamonds can be converted into cash, which you can withdraw into your designated account.[3] If you have many viewers who are at least 18 years old, you can get them to send…
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Start Selling on IG: How to Use Instagram for Business
- By Moneymax
- March 14, 2022
So many social media platforms are clamoring for people’s attention these days. But for many, Instagram still remains as one of their ‘big three.’ More than a decade after it was first introduced, the app is still popular, especially among younger people who relish the idea of having a visual documentation of their lives. From its humble beginnings as a photo-sharing app, Instagram has evolved into a multifunctional platform that can be used for many things—one of them, commerce. Content creators and big businesses alike have made it their home. In no time at all, Instagram can also be the new lair for your own personal brand. Check out this guide on how to create and leverage your Instagram business account to start making a living online. Establishing Your Instagram Business Account Strategy What is Instagram for Business in the first place? It’s quite simple—as the name suggests, it’s just the commerce feature of your typical Instagram account. If you’re completely new to how an Instagram business account works, there are a few things you have to keep in mind before diving headfirst into these uncharted waters. Throwing everything at the wall to see what sticks isn’t a good idea. The key to have a successful Instagram business account is to be intentional. If you want to see actual results, you need at least a basic strategy going in. Here are a few pointers to keep in mind: 1. Know Your Brand Understand the fundamentals of your brand. What’s your business about, and what makes it stand out? How about…
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eToro for Beginners: A Quick Guide on Using This Crypto Trading Platform
- By Moneymax
Trading digital currency can be a confusing and daunting task for newcomers. But with the right crypto trading platform and some guidance, it can be a fun and profitable experience. In this article, we’ll take a look at eToro, an online trading platform that offers crypto trading in the Philippines. We’ll go over what eToro is, how to use it, and what are some of the benefits and drawbacks of using this particular platform for eToro crypto traders. So if you want to have a good idea of whether or not the eToro platform is right for you, this article can help. First Things First: What is Crypto Trading? Crypto trading is the process of buying and selling cryptocurrencies. Note that cryptocurrencies are decentralized and not subject to government or financial institution control. In addition, crypto traders buy and sell cryptocurrencies to make profits from price fluctuations. One thing that any new investor or trader should know is that cryptocurrency prices can be highly volatile, making crypto trading a risky investment. Traders must be familiar with the cryptocurrency basics and the technical aspects of blockchain technology and cryptocurrency to trade successfully. Read more: Dabbling in Crypto? Learn More About Crypto Apps What’s eToro, and How Do You Use It? eToro is a social trading platform that allows users to trade cryptocurrencies, global stocks, indices, and ETFs. It’s a multi-asset brokerage with 10 offices worldwide, including the United States, Australia, Cyprus, Israel, and United Kingdom.[1] To use eToro, you first need to create an account by providing your email address and…
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Coinbase Basics: How to Create a Coinbase Account, Trade Crypto, and More
- By Jay Pagkatotohan
- March 10, 2022
Whether you’re planning to start investing in crypto or you already have a few coins to your name, you’ve probably come across Coinbase. It’s not hard to miss since it’s one of the world’s most popular crypto exchanges. Currently, it takes the second spot of CoinMarketCap’s list of top cryptocurrency exchanges.[1] That says a lot about its credibility and reliability. Before investing in crypto, familiarize yourself with the platform first. We’ve put together a comprehensive explainer that will help you use this exchange, from creating a Coinbase account to cashing out your funds. Let’s roll! What is Coinbase? Started in 2012, Coinbase is a crypto trading platform that allows you to buy and sell digital currencies. It may even double as one of your wallets since it allows you to store crypto. According to Coinbase, it has more than $270 billion assets on its platform and over $547 billion volume traded quarterly. It also has more than 89 million verified users. That means a lot of people trust the platform. Currently, Coinbase is available in more than 100 countries. Is Coinbase Beginner-Friendly? Yes. Coinbase positions itself as a beginner-friendly exchange. The platform design’s straightforward and easy to navigate. Just like other crypto trading apps, you can easily see your balance and access the watchlist, which shows you the prices of different coins. Overall, the design’s pretty intuitive. As such, the learning curve when it comes to trading shouldn’t be too steep. Is Coinbase Safe? Yes, Coinbase is one of the most trusted crypto platforms in the world as it supports…
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Autosweep RFID Guide: Hassle-Free, Quicker Travel for Motorists
- By Adji Hendrawan
- March 8, 2022
Movement from point to point may have fundamentally changed due to the pandemic. But for many of us, travel still remains a key part of our day-to-day. Whether it’s people or objects that are moved around, travel can’t be altogether erased from our routines. If you’re someone who often has to be on the road, you know how much of a hassle it can be to travel across cities, provinces, and even regions. With traffic being a constant problem in the Philippines, expressways are almost heaven-sent. Almost—because even they get clogged at toll plazas. Enter radio-frequency identification or RFID. This technology facilitates cashless transactions at toll gates, significantly reducing your time spent queueing and paying for expressway toll fees. Autosweep RFID is one of the primary RFID systems used in major expressways in the Philippines. Here’s a quick guide on how to use it. Which Tollways Does Autosweep RFID Cover? Autosweep can be used in the following expressways: South Luzon Expressway (SLEX) Metro Manila Skyway System NAIA Expressway (NAIAX) Southern Tagalog Arterial Road (STAR) Tollway Tarlac-Pangasinan-La Union Expressway (TPLEX) Muntinlupa-Cavite Expressway (MCX) Are Autosweep and Easytrip the Same? Autosweep and Easytrip are similar but not the same. Both are RFID systems that provide contactless and cashless payments in major tollways in the Philippines. However, Autosweep is for tollways managed by the San Miguel Corporation (SMC), while Easytrip is for those under the Metro Pacific Tollways Corporation (MPTC). To better visualize which RFID system is accepted where, see the table below: Can I Merge Autosweep and Easytrip? No. Each of them…
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UITF in the Philippines: What Makes It the Right Investment for You?
- By Moneymax
- March 4, 2022
Millennials are now considered the country’s next super investors considering their growing interest in the real property market.[1] But investing in real property demands a larger capital. Thus, investments like a unit investment trust fund or UITF in the Philippines allow you to earn passive income even with a small amount to start with. Although UITFs pose risks like any other type of investment, they also offer a lot of benefits to your growing fund. If you’re interested to know more about UITF, read on and learn how it can jump-start your investment journey. What’s a Unit Investment Trust Fund? Not sure what the UITF meaning is? Simply put, a UITF is a pool of investments funded by various investors. Each UITF in the Philippines is different, considering its plan rules or Declaration of Trust that defines all the mechanics of investing, managing, and operating the pool of funds. How Does a UITF Work? You can think of it as a basket with different fruits—one basket may contain mangoes, the other may contain pineapples, and another may contain a combination of two fruits. In the case of a trust fund, various holdings, instead of fruits, make up the investment. As with a fruit basket wherein you can decide which fruits to buy, professional fund managers handle and manage the holdings of UITFs. Since these professionals actively manage the fund, once you’ve set them up, you can sit back, relax, and make your money work for you. Read more: Mutual Funds And UITFs: Investing For Beginners What are the Different Features…
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How I Started a Small Business While Working and Raising My Baby
Having a full-time job is exhausting and time-consuming enough. What more if you have an online business and a baby to take care of? Danica Fernando can certainly relate. This young first-time mom certainly wears many hats, and she makes it look so effortless! But while she may be enjoying the best of both worlds with a full-time job and her own business, it’s not a walk in the park. Read her full interview as she shares the perks, rewards, and challenges of running a business while working full-time and being a hands-on mom to her daughter. Running a Business While Working Full-Time and Being a Supermom What’s the story behind your online shop Dara Scents? Dara is actually the nickname of our baby. Having our own small business has always been one of our goals, too. We just didn’t know when or how we’re going to do it. And then the pandemic happened. Also, in 2021, my partner and I found out that we were going to have a baby, so we had to do some major planning for the future. Since we both have our full-time jobs, we were confident that we can manage the expenses of having a baby with our joint income. Aside from having full-time jobs, we also have our own life insurance policies, savings, and investments. “It’s nice to have our baby’s name as the business name, so that as she grows, this business will also hopefully grow with her.” We realized that it’s really the perfect time to start a business while at home,…
