The holiday season is an exciting time full of joy, gatherings, and the tradition of exchanging gifts. However, without careful planning, it can also become a source of financial stress. The pressure to give meaningful and thoughtful gifts often leads to overspending, which can negatively impact your finances well into the new year. Holiday Budgeting Tips Creating a holiday budget, staying...
In the vibrant and rapidly growing economy of the Philippines, thrift banks have emerged as a driving force in empowering individuals and small businesses to access essential financial services. With their commitment to financial inclusion and a customer-centric approach, thrift banks play a pivotal role in fostering economic growth and stability across the nation. As the Philippine economy continues...
When we talk about currency depreciation, does it mean weaker peso for us and currency strengthening for our foreign counterpart? To discuss thoroughly, the central bank, Bangko Sentral ng Pilipinas (BSP) claims that the country's currency depreciation is caused by the strengthening of dollar rather than our sinking peso. When peso depreciates, it means that more money and more Philippine peso must be...
Regardless of what you may have previously believed or heard about budgeting, remember this: Having multiple savings account or active investing in actually increases your freedom! Literally, it's you taking charge, being deliberate, and directing your finances plus begin active investing in. You earn every single peso! An effective strategy for taking charge of your finances is a wealth management for...
When is really the right time to know if you are ready to start investing? Is there a specific age for you to start? Well, there is no really an exact time, date, and age for you to invest but the only question is "are you ready?" Most people think that in you're early 20's, you should start investing at that very young age. Yes, it can be. However, identifying first all the necessary information about...
If you're planning to buy a condo in the Philippines, it's important to understand how bank loans work and the requirements involved in securing one. A housing loan in the Philippines is a popular option for many buyers. However, it's not as simple as just filling out an application form and waiting for the loan approval. There are certain criteria that you need to meet and required documents that you...
Affordability and ease of financing are two important factors when considering the purchase of a new home. In many cases, buyers opt to buy a condominium unit instead of a house due to cheaper transaction costs and lower down-payment requirements. There are several condo projects all over the Philippines that feature different types of units and amenities that you may want to ponder. For those of you who...
Many Filipinos wish to work abroad for a greener pasture in order to improve their quality of life. There is the so called “The American Dream” for every Filipino to work in America or in another country as they think that their lives will change tremendously when earning dollars. According to the Philippine Statistics Authority (PSA), as of September 2021 there are an estimated 1.83 million...
Many aspiring homeowners are getting more attracted to the practical living that condo ownership entails. For one, it is relatively cheaper than a traditional home. If you're on a budget, buying a condo in Calamba is undoubtedly a smart choice. But what if we tell you that there are more clever ways to save even more money before the actual condo purchase? In this blog post, learn how you can get the...
Back then until now, many Filipinos fancy going to Metro Manila as it was known as the country's Land of Dreams, providing a wide range of job opportunities and sources of income. But fast forward to today, to say that a lot has changed would be an understatement. For one, there are simply too many people crowding the streets and vehicles congesting the highways. These are just two among several...
