Last Christmas, we probably received cash as gifts from some of our wealthier or purportedly wealthy relatives. Some have received a substantial amount, while others may have received a relatively small amount of money. Others may have received big bonuses or Christmas incentives. So what happened to the money that you received? Did you spend […]
Financial literacy for OFWs
Janice, an Overseas Filipino Worker (OFW) regularly sends an average of P 30,000.00 to P 40,000.00 (Almost a $1,000.00 U.S) a month to support her husband and two children. After several years of working abroad she comes home expecting a loving husband and two healthy children to greet her. Instead she finds her household in […]
Buy term invest the difference?
Some of us has probably heard of the saying “Buy term, invest the difference” when it comes to buying insurance and considering investments. But do we really understand what this means? And if we do understand what this means, why do financial planners recommend that you buy term and invest the difference while your insurance […]
A stronger Philippine Peso . . . Fearless forecast for the months to come
Before we resume our regular stock market series and discuss the strengthening of the Peso. This is an important factor that plays a vital role in determining the economic outlook of our country. This will also help you decide when considering investments. When the dollar-Peso Exchange rate was still P44+ to a dollar, I told […]
The world’s best investment
Today is Christmas day. But my blogging schedule today is financial management and investments. I’ve been thinking lately about what to write on Christmas day, I don’t want to go about the traditional route focusing on Christmas topics (like the Corruption of Christmas or Should Christians celebrate christmas.) I finally found my topic by reconciling […]