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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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 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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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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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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Planning to Resign? Consider These Financial Factors Before You Quit Your Job

Thinking twice about resigning from your job? Well, you should. Resignation—whatever your reason is—can have serious consequences on your finances. Some employees get too blinded by their eagerness to leave that they overlook the possible effects of resigning from work. They end up struggling with money, feeling stressed, and regretting their decision. You’ll be making […]

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Best Remittance Centers in the Philippines

What remittance center do you usually visit to send money within the Philippines or to another country? Your favorite money transfer company may be providing great service, but it doesn’t hurt to look for better options out there. Almost 20,000 money remittance centers operate all over the Philippines, including far-flung barangays where banks and ATMs […]

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Where to Get the Best Peso to Dollar Exchange Rate in the Philippines

The Philippine Peso (PHP) recently hit an all-time low of PHP 53 to a US Dollar (USD), its weakest in 12 years. Is the higher peso to dollar exchange rate good or bad? Prices of goods and oil go up as a result of the declining local currency. More pesos are needed to purchase the […]

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Learn More About Personal Finance with Moritz Gastl

Do you want to learn more about personal finance? Do you wish to be smarter when it comes to money? Know the answer to all your finance questions and get a chance to win PHP 1,000 worth of gift certificates. How? Just Ask Moritz! Join our Instagram Live session tomorrow, June 22, 2018 at 3:00 […]

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8 Steps to Prepare Financially for the Freelancer Life

Becoming a full-time freelancer without financial preparation is like driving while blindfolded—it’s risky, unpredictable, and nerve-racking. While you may manage to survive even if you haven’t saved up for it, you’ll always get stressed and worried about money. Over time, you’ll be drained not just financially but emotionally as well. It’s tough to be a […]

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7 Wrong Reasons to Get a Credit Card

Tempted to apply for a credit card? Make sure you do it for good reasons. Before signing up for a credit card, check your motivations first. Does one of these reasons to get a credit card resonate with you? If so, it might not be the best time yet to become a credit cardholder. 1. […]

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Beat Inflation: Tips to Maintain Your Household Budget Amid Price Hikes

You’ve probably heard about it lately: the inflation rate in the Philippines has been going up. Even if you don’t follow the news, you definitely feel its impact on your finances. What does a high inflation rate mean? What can you do to minimize its effects? Read on to find out more. What is Inflation […]

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