Dabbling in Crypto? Learn More About Crypto Apps
- By Jay Pagkatotohan
- January 24, 2022
The growth of cryptocurrency in the Philippines is unstoppable. If you’re looking for proof, the country’s transactions in virtual currency, including cryptocurrency, jumped by 71% during the first half of 2021. This means that the said transactions hit PHP 106 billion from PHP 62.12 billion in the same period of 2020. The Bangko Sentral ng Pilipinas (BSP) even claims that the pandemic keeps serving as a catalyst to the digitalization of such transactions. [1] If you’re an investor, chances are you’ve considered riding the trend in the hopes of making it big―or you might have already dipped your toes in this pursuit, which is why you’re reading this article. Increasing your odds of success in the crypto trade requires proper management of assets, something that you can do when you’re equipped with the right apps. Here’s everything you need to know about crypto apps and platforms in the Philippines. What is a Crypto App? Everything about cryptocurrency, from investing to trading, happens online. And to initiate or participate in a crypto-related activity, you need a specialized tool. Simply put, a crypto app is a type of software that allows you to store, buy, and sell cryptocurrencies. It may also let you track cryptocurrency prices and exchanges, which in turn allows you to make a sensible decision. Moreover, crypto apps are designed for mobile and desktop devices. Read more: 5 Essentials for Cryptocurrencies: Get Started Now What You Need to Know Before Investing in Cryptocurrency in the Philippines What are the Types of Crypto Apps? Because there are many activities involved in…
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The Cost of Owning a Dog: Maintenance, Vet Check-up, and More
- By Moneymax
- January 21, 2022
For some of us, the ideal best friend is a furry, hyperactive, and four-legged creature. If you want someone to keep you company or someone who loves warm cuddles, an adorable dog will surely fit the bill. Owning a dog has undeniable benefits. According to the reputable mental health publication HelpGuide, playing with a dog can elevate the levels of serotonin and dopamine.[1] In other words, dogs help you relieve stress. However, one truth remains: having a dog can be stressful, too! This is especially true when it comes to the cost of owning a dog. Taking care of younger pets, in particular, is not only physically taxing but also financially demanding. If you’re single and taking care of a dog, you’ll be somewhat forced to try your hand at child-rearing even if you don’t have a kid! With that, you need to be emotionally and financially prepared before you take home a pooch. Otherwise, you’ll end up neglecting your pet, which of course is not a great thing to do. Below is a comprehensive guide that will give you all you need to know about the cost of owning a dog, including dog price of each breed, vaccination cost, and vet check-up cost in the Philippines. Price List of Dog Breeds The Philippines has many dog breeds, ranging from the beloved aspins to regal toy poodles. In case you’re looking for a dog with a good pedigree, here’s a dog price list of popular breeds in the Philippines. Shih Tzu Price: ₱5,000 – ₱25,000 Originating from China, this small…
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ATM Fees in the Philippines: How Much Will Your Transactions Cost?
- By Moneymax
Every day, millions of Filipinos use an ATM to access their savings and checking accounts. With a debit or ATM card, account holders can withdraw money, check their account balance, and even transfer money to other bank users. All these activities can be done in a few clicks, making electronic banking more convenient to the public. However, it can also be costly when done without knowing the ATM fees in the Philippines. In case you didn’t know it yet, your bank charges different service fees. And some of these bank fees and charges include ATM fees. ATM fees in the Philippines may vary from bank to bank. Charges also differ for every transaction. For example, balance inquiry fees are typically cheaper than bank withdrawal charges because balance inquiries are simpler compared to withdrawals. You may also pay more when you use your ATM to withdraw or check your balance using a different bank’s ATM. To help you learn more about ATM fees in the Philippines and how they can affect you financially, here are a few things to note. What is an ATM? An automated teller machine or ATM is an electronic banking outlet that offers quick self-service options to cardholders. Electronic banking allows customers to complete transactions without going to the bank. ATMs are convenient as you don’t have to wait in line at the bank to withdraw funds or know how much money you have in your account. There are millions of ATMs in the Philippines and in the world. In fact, in 2020, more than 5.1 million…
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Learning Stocks Made Easier: Here’s How to Use Investagrams
- By Moneymax
- January 13, 2022
The pandemic has changed everyone’s view on investment. As COVID-19 impacted every economy in the world, the decline of share prices triggered more Filipinos to express interest in the stock market.[1] Stock market trading is no longer an avenue of investment for the affluent alone, but also for young, lower-income Filipinos[2] who want to learn how to invest and become part of numerous trading platforms in the country. With about 78.5 million Filipinos using social media as of 2021,[3] it’s clear how a huge part of the population is keen to use their online social networks for various profitable purposes. Investagrams is one of these popular platforms where people can share their knowledge on investment and the stock market. What is Investagrams and how can you use it to strengthen your investment power? Read on to learn how to use Investagrams and start enhancing your investment advantage. What is Investagrams and How Does It Work? Investagrams is an online community where people who share the same interest in the stock market and investment collaborate. At a glance, Investagrams is like any other social networking site. But on Investagrams, you and your connections can share ideas on choosing the right investments while learning the ins and outs of stock trading. Once you become a part of this online community, you’ll be able to do the following: Learn investment strategies – Investagrams allows you to learn how to invest and make money through articles, seminars, and video subscriptions. Experience the stock market – A priced opportunity for the investing newbie, you’ll be able…
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A Silver Lining Called Cloud Kitchen for Food Business Owners
- By Moneymax
- January 12, 2022
Because of the COVID-19 pandemic, many restaurant owners struggled to keep their operations running. Lockdown implementations hit the vulnerabilities of brick-and-mortar restaurants, forcing them to shut down longer than expected. This inability to support day-to-day operations gave birth to cloud kitchens or services that offer kitchen spaces to food and beverage (F&B) business owners. If you’re planning to set up a cloud kitchen to support small businesses in your locality, or if you’re a small business owner planning to join a cloud kitchen, you can learn more about it in this article. What is a Cloud Kitchen? A cloud kitchen is a commercial facility for F&B business owners who can rent kitchen space to prepare delivery-only food items. It goes by several names, such as ghost kitchen, shared kitchen, and virtual kitchens. Cloud kitchens are restaurants that only have kitchens.[1] They provide the space conducive for cooking, baking, or preparing meals. The cloud kitchen concept is perfect for food business owners who don’t have sufficient funds to pay for their own brick-and-mortar restaurant. Nevertheless, owners can still have their own brand identity, apps, websites, and the like. But customers will need to book a delivery service to receive their orders. Cloud Kitchen vs Ghost Kitchen: Is There a Difference? Technically speaking, cloud kitchens and ghost kitchens are the same. They both offer kitchen spaces to F&B business owners who are either new in the industry or are cutting operational costs. However, there’s a clear distinction between the two. Cloud kitchen – Many different food brands operate in the same outlet….
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Don’t Think Twice About Getting Mortgage Redemption Insurance― Here’s Why
- By Moneymax
- January 11, 2022
Owning a home is one of many Filipinos greatest dreams. It’s a worthwhile investment not only for you but also for your family. However, not everyone can buy a home in full. As a result, many take on housing loans to purchase their dream home. It’s the most recommended, if not the best, financing option for buying a new house or renovating a property. But what happens to a housing loan if the borrower dies and the mortgage is still unpaid? This is where Mortgage Redemption Insurance (MRI) comes in. Having this kind of insurance ensures that your outstanding mortgage debt is paid in the unfortunate event of death or total disability. Learn more about Mortgage Redemption Insurance in housing loans below. What is Mortgage Redemption Insurance? Mortgage Redemption Insurance is a life insurance policy that helps repay your mortgage balance in the event of your death before the housing loan’s full repayment. MRI will protect your home from foreclosure, as it will take out your outstanding debt if you die. Just like any other insurance policy, MRI covers a set amount and duration. It dictates how much of your mortgage can be covered and for how long. The higher your premium is, the better your coverage will be. However, keep in mind that just because you have an MRI doesn’t mean your outstanding housing loan balance will be paid in full. It will still depend on the kind of coverage you have. If you chose an MRI with the cheapest premium, the coverage would be minimal as well. What…
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What is Coins.ph? Here’s a Quick Guide to Using the Mobile Payment Platform
- By Moneymax
- January 7, 2022
For tech-savvy Filipinos who use their smartphones to make financial transactions, Coins.ph is one of the popular mobile payment apps nowadays. What is Coins.ph, and how can you make it work to your advantage? Also called Coins, the fintech company is Southeast Asia’s leading mobile payments app and digital wallet powered by blockchain technology.[1] It’s licensed by the Bangko Sentral ng Pilipinas (BSP) to provide a variety of financial services that people can access from their phones without the need for a bank account. Moreover, Coins is the first blockchain-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from the BSP. Whether you have just downloaded the Coins.ph app or are still thinking about using it, you need to familiarize yourself with the platform and understand how it works before you can fully reap its benefits. What is Coins.ph? Coins is known as a Bitcoin platform in the Philippines, being one of the few companies authorized by the BSP to let users buy, sell, and store virtual currencies such as Bitcoin, Ethereum, and Bitcoin Cash. Aside from cryptocurrency-related transactions, Coins also offers plenty of mobile payments services quite similar to GCash and PayMaya. Once you’ve successfully registered at Coins.ph, you can now use the mobile wallet and enjoy its features. With just several taps on the Coins.ph wallet app, customers can send or receive remittances, pay bills, buy cellphone load, buy game credits, or pay for purchases. Read more: Coins Pro Trading: What You Should Know Before Buying Cryptocurrencies How to Register for Coins.ph Account…
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Start Your 2022 Right with These Financial New Year’s Resolution Ideas
- By Adji Hendrawan
- January 6, 2022
Another challenging year came to pass. Naturally, all of us want a fresh start to attract good vibes this 2022. Last year will definitely be remembered as a year that pushed everyone’s finances to the limit. But hey―with the new year comes another opportunity to look at our financial wins and losses and make that much-needed New Year’s resolution list. What’s a new year’s resolution, really? It’s simply a promise or commitment that you make to yourself to quit bad habits or start doing something differently to make a better version of yourself or to improve your life. For most of us, it’s harder than it sounds. But check out these New Year’s resolution ideas below to help you come up with your own 2022 resolutions. Or you can just pick the best financial new year’s resolutions from this list to help turn your financial situation around and achieve your money goals. The Best Financial New Year’s Resolution Ideas This 2022 If you always make the most common New Year’s resolutions, it would be so easy to lose interest and completely forget about them just a few days into the new year. So make them more specific and attainable (unrealistic goals will only stress or disappoint you). And as much as possible, work with a realistic timeline. Here are some New Year’s resolution ideas that may work for you this year. 1. Set Realistic Financial Goals Setting a realistic financial goal will not only prevent you from being frustrated or disappointed when you don’t achieve them. It will also remove…
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Pag-IBIG MP2 Guide: How to Enroll and Invest in MP2 Savings Program
- By Adji Hendrawan
- January 5, 2022
Despite uncertainties caused by the COVID-19 crisis, total member savings from Pag-IBIG MP2 reached nearly ₱25.95 billion in 2021.[1] This marked a 95% growth from the ₱13.23 billion collected in 2020. This pandemic is certainly reshaping Filipinos’ saving behavior,[2] so it’s best to consider all possible options to grow your hard-earned money. Let’s walk you through everything you need to know about the MP2 Savings Program to understand why it’s an investment worth considering and how to get started. What is Pag-IBIG MP2? The Modified Pag-IBIG II, better known as MP2, is an optional savings program for current and former Pag-IBIG Fund members who want to grow their savings in addition to their Pag-IBIG regular savings. MP2 Savings Key Features The MP2 program makes saving and investing money easy, affordable, and quite profitable for Filipinos. If you’re not sure yet whether to open an MP2 account, here are some basic information about the savings program to help you decide. Budget-friendly investment – For as low as ₱500 monthly, you can invest in MP2. No penalties if you miss a contribution for certain months (though it’s best to regularly remit your MP2 contributions). Government-guaranteed savings – You’re assured that you won’t lose your principal since the Philippine government guarantees it. Tax-free dividends – Receive your MP2 dividends without tax deductions either every year or in five years. Up to 8% annual dividend rate – The Pag-IBIG MP2 interest rate is higher than the regular Pag-IBIG savings program and even those of bank accounts, time deposits, and other investment vehicles. No limit…
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Upfront and Hidden Home Ownership Costs You Need to Prepare For
- By Moneymax
With banks offering competitive mortgage rates and developers extending attractive payment terms, property advisors believe that now’s a good time to buy residential properties.[1] The opportunity to invest in real estate is clear, but are you ready to join the bandwagon and cover the cost of home ownership in the Philippines? What are the one-time costs and ongoing costs of being a homeowner? From property taxes and plumbing to electrical systems, let’s break down the costs that go with home ownership. What’s the Cost of Home Ownership? If you’ve decided to buy a house so you can have your own place, then the next step is to prepare the funds for the upfront fees, as well as the hidden costs of owning a home. Upfront Costs of Home Ownership Purchasing a new home is very exciting and a big deal. But it’s not cheap, so you also need to prepare your finances to pay for the following upfront costs: 1. Reservation Fee To secure the unit and have it reserved under your name, you need to pay a reservation fee. In the case of rented residences, tenants need to pay up to two months’ rental cost. However, if you’re buying a property, the reservation fee can cost anywhere from PHP 1,000 for Pag-IBIG foreclosed properties to as much as PHP 25,000 for condo units and single detached houses. Read more: Should You Buy or Build a House? Important Things to Consider Should You Buy or Rent a House? Know the Pros and Cons Before You Decide Condo vs House: Which…
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Coins Pro Trading: What You Should Know Before Buying Cryptocurrencies
- By Adji Hendrawan
- January 4, 2022
The pandemic has driven Filipinos to start adopting cryptocurrencies as a form of investment.[1] Studies further revealed that this crypto adoption was enhanced by the integration of crypto in rural banking, ATM networks, BTC, and gaming rewards. While Filipinos started embracing digital currencies, exchange platforms like Coins Pro trading also began penetrating the market, allowing more and more investors to participate. Coins Pro Trading helped trigger the leap towards the wide acceptance of cryptocurrencies by making digital finance services more accessible. Now, if you’re considering your chances within the crypto space, then it’s time to learn how to use Coins Pro Trading and understand the pros and cons of using currency exchange platforms like it. Read on as we walk you through the things you need to know about Coins Pro and how you can leverage its benefits to advance your investment goals. What is Coins Pro? Coins Pro, formerly Coins Exchange (CX), is a cryptocurrency trading platform where you can directly buy and sell digital currency. It’s the first digital currency exchange in the Philippines. The online trading platform also doubles as an e-wallet where you can store your digital currency. Coins Pro is operated by Coins.ph, a digital wallet service provider licensed (as a virtual currency exchange) and regulated by the Bangko Sentral ng Pilipinas. Read more: Investments for Beginners: Find the Right Investment for You Coins Pro Philippines Features Here’s a quick overview of what you can do and enjoy with Coins Pro: Trading of the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Ripple…
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Starting a Business This 2022? Here are 9 Business Ideas with 50K Capital in the Philippines
- By Moneymax
The pandemic has undoubtedly affected the Philippine economy, resulting in 4.25 million jobless Filipinos in September 2021,[1] the highest since the start of the coronavirus outbreak. This could very well be the reason many started looking for business ideas with 50K capital in the Philippines. In fact, around 88,000 new online businesses were registered with the Department of Trade and Industry (DTI) in 2020 alone,[2] with 750,000 more expected registered new online businesses by the end of 2021. Almost always, Filipinos find the silver lining, no matter how dire the situation is. When one door closes, a window of opportunity will open sooner or later. And this time, you can be your own boss and work within the comforts of your home. Top 9 Business Ideas with 50K Capital in the Philippines There’s a new paradigm shift as more people are working freelance and starting their own home-based businesses. So even if you haven’t lost your job, the pandemic may have already inspired you to look for side hustles through small businesses you can start with PHP 50,000 or less. Know your options so you can decide. We rounded up these businesses ideas with 50K capital in the Philippines. 1. Online Tutorial Services Startup cost: PHP 40,000 Potential monthly income: PHP 10,000 and up A business under 50K pesos? Yes, there is! If you have around PHP 40,000, you can already buy a decent laptop or desktop computer, pay for fiber internet installation fees, and purchase a reliable headset. These can help you start an online tutorial business that can…
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Try These Creative Ipon Challenges to Hit Your Financial Goals This 2022
- By Adji Hendrawan
- January 3, 2022
Saving money is as easy as spending it. Said no one ever. This is probably why Filipinos are trying different fun and creative ways to save, or even coming up with their own ipon challenges. When you take on a money-saving challenge, you’ll hit two birds with one stone. First, you achieve your financial goal for the year—be it saving up for a trip abroad, destination wedding, down payment for a home or car purchase, or capital for starting a small business. Second, you develop financial discipline and the habit of saving. Seems like a tall order, huh? But guess what: if everybody else can do it, so can you! Looking to challenge yourself to consistently save a certain amount this year? Take a look at these ipon challenges and pick the one that suits you best. What is a Saving Challenge? An ipon challenge is a strategy that involves sticking to a money-saving activity for the entire year. Unlike the typical act of saving money, ipon challenges are done regularly, deliberately, and strategically, helping you stay on track with your savings target and meet your money goal. 7 Ipon Challenges to Start in 2022 52-Week Money Challenge How much you can save in a year: PHP 1,378 to PHP 137,800 What is 52-Week Ipon Challenge? The 52-week money challenge involves saving in increments weekly, starting from the first week of the year up to the last. Why Should You Try It? This ipon challenge is popular among Filipinos for a good reason. The amount to save increases as the weeks…
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Best Health Cards for Senior Citizens in the Philippines
- By Adji Hendrawan
- December 28, 2021
Isn’t it ironic that most health insurance companies end their coverage when you reach the age of 65? But at 65, you start to feel different aches and pains in your body. You’re also not earning as much as you used to. This is why when you’re a senior citizen, you need health coverage more than ever. But that’s the sad reality for many elderly Filipinos. They end up paying for checkups, hospital confinements, and surgeries with their own money. It may be hard to find a health card for senior citizen in the Philippines that provides health insurance coverage and medical benefits. But thankfully, there are still great options available. As senior citizens become more prone to illnesses and injuries, health cards should also offer better medical benefits. If you’re looking for an HMO for senior citizens, we have rounded up a few in this article. What is an HMO Health Card? HMO stands for Health Maintenance Organization. It’s a network or organization that provides health insurance coverage for a monthly or annual fee.[1] Premiums for HMO health cards are usually paid on a monthly or annual basis. Also, you can only receive services or get consultations from doctors within the HMO’s network. For example, you don’t need to pay consultation fees if you consult with an accredited physician. However, you’ll need to pay if you consulted an unaccredited doctor. The same applies when you go to a clinic or hospital that’s not affiliated with your HMO. What is the Difference Between a Health Card and a Health Insurance? …
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JRS Express in the Philippines: Guide to JRS Delivery Services, Rates, and More
- By Adji Hendrawan
- December 22, 2021
Before GrabExpress and Lalamove became mainstream, there’s JRS Express providing express delivery services in the Philippines since 1960. Despite the emergence of the more technologically advanced app-based couriers, the country’s leading logistics company is still going strong. Sending packages to your loved ones or customers through JRS? Here’s what you should know about how to use JRS Express delivery services, as well as the shipping rates, tracking feature, and other important information. What is JRS Express? JRS Express[1] is one of the largest and oldest express door-to-door delivery companies in the Philippines. This 100% Filipino-owned company is one of the most recognizable brands in the delivery services industry, having been in the courier business for over 60 years now with 460+ branches nationwide. How JRS Express Works JRS mainly provides delivery services to and from the Philippines and abroad. Here are the JRS Express features you should know before booking it for parcel or cargo shipping: Ships nationwide and to different countries in Asia and Pacific, Middle East, USA, and Europe Operates 24 hours a days, 365 days a year Regular, same-day, and next-day delivery services Accommodates bulk deliveries Free pickup service via JRS Express app Payment on delivery through contactless methods like GCash and PayMaya Cash on pick-up service JRS Express tracker for monitoring delivery status online 24/7 customer service via phone, email, and Facebook Read more: 20 Courier Services in the Philippines You Can Rely On JRS Express Delivery Services in the Philippines JRS has pouches, envelopes, and boxes in different dimensions and capacities that customers can choose…
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Christmas Shopping Tips: 10 Ways to Beat Impulse Buying These Holidays
- By Adji Hendrawan
- December 20, 2021
Got too many items on your holiday shopping list? Or rather, have you had a lot of unplanned purchases already? There are more temptations to overspend during the holidays than any time of the year, turning even the stingiest person into a shopaholic. The urge to splurge on Christmas shopping is so strong, it’s hard to resist. It isn’t easy to control impulse buying, especially during the holiday season, but you certainly can! We’ve compiled a list of Christmas shopping tips for keeping your holiday spending in check. 10 Christmas Shopping Tips to Curb the Urge to Splurge Here are 10 practical Christmas tips to help you beat the urge to splurge when shopping. 1. Fulfill Your Important Financial Obligations First What’s the first thing that comes to your mind as soon as you receive your 13th month pay or bonus? “I should upgrade my phone.” “I can finally buy that imported bag!” “I deserve a new pair of shoes.” We often think of ways to spend each time we get a large sum of money. But soon, reality slaps us hard in the face: piling bills, debts, and depleting or non-existent savings. Before you go on a Christmas shopping spree, allocate your money first to things that matter. Clear or pay down your debts, increase your emergency fund, and diversify your investments (or start investing, if you haven’t done it yet). Back to the main article: Holidays in the Philippines and Long Weekends Guide 2. Set a Realistic Christmas Shopping Budget Done taking care of your important financial obligations? Good!…
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[Battle of the Brands] AirPods Pro vs Sony WF-1000XM4: Your Side-by-Side Comparison Guide
- By Moneymax
- December 17, 2021
The explosion of the wireless earbuds market over the last few years has rendered wired earphones and similar peripherals outdated these days. Leading tech brands and audio companies have been producing a wide range of wireless earbuds to address market demand and satisfy different budget sizes. You also can’t deny that Apple is one of the bestsellers in this category. But it’s worth noting that other players offer equally advanced and promising wireless earphones. If you’re looking to transition from wired audio to wireless acoustics, check out this edition of Battle of the Brands where we’re pitting the Apple AirPods Pro against the Sony WF-1000XM4. Apple may have topnotch and lauded audio peripherals. But Sony will prove to be a tough competitor since it has already cemented its reputation as an audiophile’s brand. Sony knows its sound craft, and a lot of its audio products (including the pair that we’ll review) are even part of different “best of” lists. So, let’s find out which noise canceling earbuds are the best for you. AirPods Pro vs Sony WF-1000XM4: Affordability The AirPods Pro and Sony WF-1000XM4 almost fetch the same price. The AirPods Pro has a price tag of PHP 14,990. Inclusive of the price is free personalization, which allows you to engrave emoji, text, and number to your AirPods, and six months of free subscription to Apple Music.[1] On the other hand, the WF-1000XM4 is priced at PHP 13,999.[2] If you can live without the AirPods Pro’s free personalization and subscription to Apple Music, Sony’s price saves you PHP 991. Winner:…
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Enjoy Instant or Same-Day Deliveries: Your GrabExpress Delivery Guide
- By Moneymax
Grab is Southeast Asia’s largest mobile technology company that connects its users to drivers, merchants, and businesses. It also has a proven track record in delivering customer satisfaction, may it be through its ride-booking or delivery services. If you haven’t tried Grab’s parcel and courier delivery service yet, we’ve gone ahead and created a GrabExpress delivery guide for you. What is GrabExpress? GrabExpress is Grab’s parcel and courier delivery service platform that allows you to manage your deliveries. If you need something delivered urgently, GrabExpress can deliver your parcels instantly or within the day. You can even pick your vehicle type to match the weight of your goods. Do note that this service is only available in Metro Manila and Cebu. What Can You Do with GrabExpress? There are two types of delivery options for GrabExpress: Instant Delivery and 4-Hour Delivery. Instant Delivery lets you send your parcels to anyone as soon as the booking is made. Meanwhile, GrabExpress 4-Hour Delivery allows you to send items within the day. GrabExpress Instant Delivery is a great option for people who are on-the-go and need to send parcels as soon as possible. With the added convenience to Instant Delivery, it costs slightly higher than getting a 4-Hour Delivery service. On top of that, you can also use GrabExpress’ Add-on Service where the delivery partner collects payments from the recipient for items sold. This is a great option for when you’re running a small online business. With so many courier services in the Philippines, it can be stressful to find a partner you…
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Before You Head to the Grocery, Read These Noche Buena Tips to Stretch Your Holiday Budget
- By Adji Hendrawan
- December 16, 2021
In this time of seemingly unstoppable price increases in the Philippines, can your family still enjoy a special Noche Buena meal this year? Even on a tight budget, yes, you can prepare a quality holiday feast for your loved ones. You just have to be wais and madiskarte. Affordable Noche Buena Tips and Ideas If you’re looking for ideas to stretch your holiday shopping budget, here are some Noche Buena tips to help you make the most of your money. 1. Plan Your Noche Buena Budget, Menu, and Shopping List Still not sure what to prepare for the holidays? Before your trip to the supermarket, plan these three things in the following order: your budget, menu, and shopping list for Noche Buena. Determine Your Budget It can get very exciting to shop during the holidays. But even when you’ve already received your annual bonuses, this shouldn’t give you the ticket to overspend. So to avoid overspending, make sure that you know exactly how much you’re willing to shell out for your Noche Buena shopping. Set an amount that works for you, bearing in mind the number of people you’ll break bread with on Christmas Eve. Also, determine who will share the expenses with you in your household. Be clear about how much you’ll contribute, and how much each person is willing to allocate. Plan Your Menu Come up with a Noche Buena menu that matches your budget. Consider how many people will be celebrating Noche Buena with you. For example, you can’t go all out if you have a large…
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Personal Accident Insurance in the Philippines: What is it and Where to Get it?
- By Jay Pagkatotohan
- December 14, 2021
Accidents, big or small, can happen anytime. And sometimes, they happen when you’re at your most financially vulnerable. The costs related to treatment and recovery not only take a toll on your wallet but also on your family’s savings. Sure, emergency funds can tide you over. But when you’re confined at the hospital or recuperating at home, you’ll realize that money burns fast. So from the get-go, you must have a personal accident insurance policy. It’s another layer of financial protection that will keep your family from becoming penniless in case something unexpected happens to you. We’ve put together a comprehensive guide that will help you understand the importance of getting a personal accident insurance policy. What is Personal Accident Insurance? Personal accident insurance provides you and your family cash in case you get injured or die due to an accident that’s covered by your policy. Depending on your coverage, a personal accident insurance may cover the following incidents: Accidental death and dismemberment Permanent disablement or dismemberment Loss of sight, hearing, or speech Murder Unprovoked assault When it comes to benefits, a personal accident insurance plan may offer the following: Emergency treatment Medical exams Hospital lodging Hospital income Burial benefit Medical reimbursement How is Personal Accident Insurance Different from Life Insurance and Health Insurance? Personal accident, life, and health insurance policies have overlapping qualities since their goal is the same: to provide you and your family with protection from life’s uncertainties. However, there are some stark differences. Here’s a simple matrix to help you understand each policy’s nature: Looking at…
