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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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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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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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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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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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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A Snapshot of the Asian Couponing Market

In the world of commerce, the humble coupon has always maintained its place in the value chain. After all, who doesn’t want to pay a few dollars less, get free shipping, or take home that exclusive free gift? With a history dating back to the Gilded Age of the late 1800’s, the coupon has carried people through […]

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Building Your Child's Tuition Fund: A 5-Step Guide for New Parents

“Pasensya na, anak. Hindi ka namin kayang pag-aralin sa college.” For parents, the guilt over failing to support their child’s needs is one of the worst feelings in the world. Nobody wants to be that parent who can’t afford to send their child to a good school. Education in the Philippines will become more expensive […]

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Got Your Car Repossessed? Here's What You Must Do

Uh-oh, the bank has just hauled your car away. What to do now? Losing your car is painful as it is. The hard-earned money you’ve paid for the monthly installments is gone in an instant. Having no car all of a sudden will jeopardize your work or business. It doesn’t help that the miserable state […]

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Cheap Activities for Millennials Stuck in the City

We always look forward to weekends because they allow us to take a break from work and spend some time with family and friends. Some weekend activities, however, can be costly especially for millennials on a budget. If you spent too much during the Holy Week or if you’re saving for something more special (a […]

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Filipino Financial Gurus You Need to Follow Today

For some Filipinos, the inclination to save comes naturally. However, for most of us, saving and investing are not as easy as they seem. Although there are many materials that we can use to educate ourselves financially, most of these materials are of foreign context. Good thing there are Filipino financial gurus out there who take these principles […]

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Traditional vs. Online Money Transfer: Which Works Better for OFWs?

Send money online or the traditional way? If you’re torn between these two choices for sending remittances to your loved ones in the Philippines, consider the benefits and drawbacks of each option. This way, you can decide which one better fits your needs (as well as your recipient’s). Courier or postal services are definitely not […]

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10 Beach Resorts That Accept Credit Cards

Summer is already here and you’re probably searching for beach resorts to spend your vacation. With so many beautiful beaches and unique accommodations in the Philippines, finding one that suits your needs isn’t really that difficult. However, finding one that suits your budget can be quite a challenge. Fortunately, there are beach resorts near Metro […]

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8 Affordable Ways to Lose Weight This Summer

Summer does not only mean weekly trips to the beach, but regular visits to the gym as well. With no doubt, this season is all about achieving #FitnessGoals to prepare for out-of-town trips and to forget the (good) food we consumed during the holidays. Nothing wrong with that. However, going to the gym can be […]

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Can You Fund Your Travel With Your 9-to-5 Job?

Many people in the Philippines love to travel—not a strange thing, considering the beauty of this country and its people’s adventurous spirit. However, traveling can be sometimes difficult, especially when you consider that, for many, the income remaining after taxes, bills and other expenses is minimal. I myself used to be in that situation: a […]

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OFW Health Insurance: 3 Ways to Protect Yourself from Financial Risks

Are you ready financially for when you get sick or hospitalized abroad? Without a health insurance, your savings may get depleted and your family may suffer financially when you’re hospitalized. You know how expensive medical bills are. Even if your overseas employer pays for your OFW health insurance, you can’t rely on that forever. How […]

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