All Articles With Category : Money Matters

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

Why Pay Your Credit Card Bill in Full Every Month?

When paying your credit card bill, you can choose either the total or minimum amount due. Do you always pay your full balance or just the minimum per month? Some cardholders pay only the minimum balance because it’s easier on the budget. Banks in the Philippines require a monthly credit card payment of at least […]

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Understanding the Salary Deductions on Your Payslip

What could be more cringe-worthy than a payslip with lots of salary deductions and a low net pay? Times are tough these days with the rising inflation and the declining peso. If you’re trying to stretch your monthly budget for the family, it’s important to track your monthly take-home pay. Scrutinize the earnings and deductions […]

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What is VUL Insurance and Should You Get One?

An insurance agent, who happens to be your friend or relative, is selling a VUL plan to you. But you aren’t sure if getting this type of life insurance is a wise investment decision. Should you invest in VUL insurance? A VUL insurance policy comes with pros and cons that you need to consider before putting […]

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Hungry? Enjoy These Buffet Promos in Metro Manila Today!

Planning to celebrate your birthday with a feast? Or maybe you’re just hungry and craving for an eat all you can treat? You’re in luck because there are tons of buffet restaurants in Metro Manila to choose from. Whether you’re craving Japanese, Italian, or Korean cuisine, you’re sure to get your appetite satisfied with the […]

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11 Helpful Tips to Get Your Pag-IBIG Housing Loan Approved

With interest rates ranging from 5.375% to 10% over repayment terms of up to 30 years, the Pag-IBIG housing loan is one of the more affordable and flexible home financing schemes in the Philippines. No wonder that many Filipinos, who dream of buying a home, apply for a housing loan from the Pag-IBIG Fund. In 2017 […]

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7 Reasons Your Personal Loan Application Got Rejected

Rejection of any kind is hard to accept—more so if it involves money, like getting your personal loan application denied. Your time and effort spent preparing the requirements and waiting anxiously for the loan approval all just went to waste. It makes you want to demand an explanation from the bank, lashing out like that […]

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8 Sulit and Useful Rewards Cards for Pinoy Shoppers

Do you regularly buy from a particular store? Take advantage of the rewards, discounts, rebates, and other perks from the customer loyalty program of your favorite retailer. Rewards cards (also called loyalty cards) aren’t something to shy away from, especially if you’re trying to save money and stretch your budget. Rewards cards in the Philippines […]

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Ask Greg: 5 Best Questions (Winners Announcement)

To continue our #MoneyMaxPHAnswers series, we had another Instagram Live session last July 12 but this time with our Call Center Manager, Greg Aguilar. Greg answered car-insurance related questions sent by our followers in advance. Were you one of those who joined and tuned in? Did you send in a question? If yes, you might […]

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End of Season Sale is Here: 5 Tips to Get the Best Shopping Deals

July, like December, is the season for shopping. This is when brands–mostly from retail–mark down their prices as they welcome new products and collections. Malls also hold weekend sales, usually during payday, to entice more people to visit their establishments. End of season sales are great, especially if you’re the kuripot type. But, do you […]

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What Happens If You Stop Making Loan Payments?

Unexpected situations—like a job loss, medical emergency or death in the family, or calamity—can put even the most responsible borrowers in a tight spot, making it extremely hard to make loan payments on time. Is your loan in danger of going into default? Defaulting on a loan comes with serious financial consequences. Not to mention […]

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How Millennials Can Prepare for Financial Independence

Financial independence seems to be on everyone’s mind. People long for the day that they can earn enough to afford pursuing their dreams; from starting their own family to starting their own business. However, this reality may not be as far off as it first appears. Here are a few tips that can help you […]

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Employer's Guide to Government-Mandated Employee Benefits in the Philippines

  As an employer, you’re expected to comply with laws that protect the rights of employees against unfair labor practices. Regardless of the nature of your business and number of people you hire, you have a legal and moral responsibility to provide your workers with government-mandated employee benefits under the Labor Code of the Philippines. […]

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How Risky is a Credit Card Cash Advance?

Wondering if you can get cash from your credit card? Yes, it’s possible through a credit card cash advance that allows you to withdraw money from an ATM or a bank branch. But just because you can doesn’t mean you should. A cash advance is a convenient yet expensive way to borrow money. When you […]

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Emergency Loans and Other Ways to Borrow Money When You're Short of Cash

“Utang” is so strongly embedded in the Filipino culture that only two in every 10 adults in the country don’t borrow money, according to the Bangko Sentral ng Pilipinas (BSP) financial inclusion survey. Emergency loans and personal loans are just two of the many options when it comes to borrowing in the Philippines. Here are […]

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Tired of Living Paycheck to Paycheck? 4 Tips to End Your Petsa de Peligro Blues

Petsa de Peligro na. Name-meligro na naman ba ang wallet mo? It’s the worst time of the month again. Several days before payday, all you’ve got are a few 20-peso bills and coins. You try all sorts of Petsa de Peligro survival hacks just so you can stretch your money until the next payday. “Kapit lang. […]

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Ask Moritz: 5 Best Questions (Winners Announcement)

Last June 22, we had our first #MoneyMaxPHAnswers featuring our Country Manager, Moritz Gastl. For about an hour, Moritz answered finance-related questions via Instagram Live. Other than sharing finance tips, he also chose five (5) best questions sent by our Instagram followers. Each of them will receive PHP 1,000 worth of gift certificates. Below are […]

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Buying School Supplies? 6 Money-Saving Hacks for Frugal Parents

Shopping for school supplies means different things to students and parents. Kids look forward to having new stuff when they go back to school, while their parents get all busy and stressed trying to provide everything needed for school. This challenge gets all the more difficult, as school supplies get more expensive each year. Despite […]

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8 Different Ways to Pay for Your Credit Card Bill

The key to managing your credit card successfully is planning where and when to pay for your monthly bill. Banks provide a wide range of credit card payment channels for their customers’ convenience. With many options available, there’s no reason for you to miss a payment. Here are the different ways to pay for your […]

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Your Best and Worst Financial Decisions Compiled

We’ve all made good and bad decisions in life. Some of them we learn from, some of them we regret for a long time. Perhaps one of the biggest decisions we’ve made involved money. From getting a house to buying an expensive phone, such decisions made us pause and think: is it right or wrong? […]

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PhilHealth and SSS Maternity Benefits Every Expectant Parent Needs to Know

Is a baby on the way? As a soon-to-be parent, you couldn’t be more excited. But you also couldn’t help being worried about the costs of pregnancy and childbirth. Do you have enough money to cover all of them? Whether you’re financially ready for a baby or not, you should know all the government-mandated benefits […]

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