The Philippines’ workforce is currently dominated by young workers as data indicates that almost half of the labor force population in 2015 were Filipino Millennials.
And because it has been said that this generation is driven by instant gratification, it’s not unusual to see young workers in urban areas sporting the latest gadgets, going on vacations to take Instagram-worthy photos, and crowding coffee shops and the hippest restaurants on the weekends—even if they end up in debt as their spending habits are not in sync with their current salary.
While having it all on the surface may seem like the way to live, it’s not the definition of living well. But by making good financial choices, prioritizing, and knowing how the system works, it’s possible to truly live a good and healthy lifestyle, even on a low income.
Continue reading How Young Workers Can Live Well On a Low Income
Real estate is one of the safest and most profitable investments one can ever make through careful management and smart strategies. Here and abroad, the Philippines is considered a prime location for real estate investment, thanks to the property market boom in the past few years. Yet, most Filipinos are too risk-averse to take advantage of the high-yield property investment opportunities available to them.
On the other hand, savvy investors diversify their portfolio, including real estate, to maximize their long-term earning potential. If that is your goal, then you need to tap into these six real estate opportunities in the Philippines that most Filipinos miss out on. Continue reading 6 Real Estate Investment Opportunities Most Filipinos Miss Out On
Whether you’re a business guru or not, you probably know the importance of finding a good location for your business. An ideal location should be able to satisfy certain criteria such as a steady populace, accessibility, good infrastructure, a well-developed community, availability of basic services and resources, safety, and many others which are all advantageous for business.
If you are an investor with plans to start a business in the Philippines, here’s some good news: the country has been able to develop central business districts in key cities and regions, which can be the best choice for your business location. With central business areas meeting the aforementioned criteria, putting up your office in those prime locations means better and higher chances of making your business thrive.
Below is a list of the CBDs in the Philippines, plus some basic information you need to know about each of them: Continue reading An Investor’s Guide to Central Business Districts in the Philippines