Learn which Philippine banks can help grow your money fast with their high-interest rate savings accounts in 2020. If there’s one thing this coronavirus pandemic has taught us about personal finance, it’s that each of us should have an emergency fund tucked away. A rule of thumb when it comes to building your contingency fund is to save for it FAST! In Dave Ramsey’s 7 Baby Steps to financial freedom, the number one step is to save $1,000 as fast as you can that will cover for life’s unexpected events. The keyword here is “fast”, and you can never go wrong with a high-yield savings account for ..read more

The COVID-19 pandemic, as the World Health Organization calls it now, is a tough wake-up call on how things can quickly change. The rapid escalation of this threat has not only caused damaging effects on people’s health but also on our finances. Just last week, it was a distant problem. Today, not anymore. It’s evident as countries shut down their borders, stock markets came plummeting, and everyday life is further disrupted and grappled with fear and anxiety. Certainly, as different governments issue temporary lockdowns, we can’t help but think about the financial implication of this coronavi ..read more

Sometimes the first step is the hardest. I’ve compiled the 6 best strategies to save money and achieve your savings goals fast according to financial experts. Limited funds or little discipline, these two are among the top challenges we encounter when saving money. Money is hard enough to get by for most of the population, understanding how to keep it is all the more difficult. And yet, money matters are something we have to deal with on a daily basis. If you want to achieve your money goals and turn your financial life around, then start saving money. Sometimes, all it takes is to take the fi ..read more

Do you know the number one dumb money mistake millennials make that make them broke and poor? Answer: NOT creating a BUDGET! It’s not just millennials who commit this sin. Baby boomers and Gen X-ers are all the more guilty of not having one in the first place. And it’s not about the money you make. It’s about how much you keep… and how it works hard for you! But more on the latter in a future blog post. Let’s focus our attention on the B-Word that everybody entering the adulting phase must get acquainted with. Many people fear the word budgeting. You may even have this belief that budgeting wi ..read more

Hey, folks! I’m back! It has been a while since my last blog post and the reason will be explained below. Meanwhile, I would like to wish you all a happy and prosperous New Year 2020. So far, how’s 2020 going for you? Before 2019 ended, I had already declared 2020 as my year – the year that will pour me a lot of blessings and bigger opportunities. I had no idea what really that meant, but I claimed it as it is nonetheless. And while I was on my 2-week holiday break from my full-time job, which my Australian clients so kindly allowed me to do, I found a great opportunity I had not expected to c ..read more

Can having separate bank accounts make for a financially happy ever after? A joint bank account after marriage is considered a symbolic gesture of trust and commitment. Of telling each other and to the world, “What’s mine is yours, and what’s yours is mine.” At least, that’s what society has trained us to think! In our case, not really. And 1 in 4 married couples who have separate finances agree.  Compared to older generations, millennials were the least likely to be in favor of opening joint savings accounts. For my husband and me, it doesn’t mean we don’t trust each other. Ironically, w ..read more

Planning to quit your job? It could be a horrible boss, a toxic workplace environment, or unchallenging work that’s making you feel crazy or frustrated. To decide whether or not to quit your job can be stressful per se. After all, it’s your livelihood that is at stake. It can be quite scary to dive again into the job market where you’ve been out for so long and there are tough competitions out there to battle out. But knowing when to pack up and move on from a job can be life-changing and a bold step toward your long-term happiness. If you’ve been asking yourself lately if it’s finally time to ..read more

ING vs CIMB: Two fully digital banks in the Philippines that offer 10x higher interest rates compared to local banks. Which one is better for your needs? Admit it. You hate waiting in line… for a while. Sometimes for hours! Who has time for that? Banks close usually around 3 o’clock in the afternoon. As a person hustling to make money, you’d rather not waste a huge chunk of your precious time to wait! Time is gold, baby. Thank God for online banking! Now we don’t have to do all that! With just a push of a button, our banking activities can now be done at the comforts of our home or anywhere we ..read more

If you want to avoid going broke this Christmas season, you need a good plan! Part of having a good plan is to know what and what not to do with your hard-earned money. Ah, Christmas! It’s the perfect time of the year you can justify any outrageous consumer spending. When you’re in the mood for gift-giving, you can easily go nuts with your holiday shopping! Not only does this season make you feel a sense of guilt and obligation to give gifts, but it also makes you spend more on food, booze, and parties. These leave you “broke” at the start of the new year. By the time you open your first credi ..read more

Are you truly prepared for when life decides to deal you with a bad hand? A sudden job loss, a visit to the emergency room, your car tires are up for immediate change – all these can put a major dent to your income and budget. One which you may or may not be entirely prepared for. But what if you’ve got everything in place before one of these major life crises happened? You would have probably breezed through it. Why? Because you would have your safety net to fall back on: your emergency fund. You no longer have to stress about how you’re going to pay the bills and rent for next month. Or how ..read more