Are You A Ninong/Ninang Because You’re an OFW?

This goes out to our OFW friends who have been ignored by their network of friends in their earlier years as a regular factory worker in Philippine provinces or an ordinary blue-collar yuppie in Makati or Ortigas.

Have you ever wondered why among all your friends you were not considered as a Ninong or Ninang (Baptismal godparent/sponsor) to another friend’s new-born child?

It’s simple, right? Because you didn’t have a high-paying job. Your salary was not even enough for you. Worse, you didn’t have a job. Continue reading Are You A Ninong/Ninang Because You’re an OFW?

FREE Personal Finance Management Seminar for Artists and Musicians

The Angat Pilipinas Coalition for Financial Literacy and OFW UsapangPiso Forum have found an advocacy partner in the Heart of Music Foundation headed by the legendary “Manila Girl” and Queen of Philippine Ska music Myra Ruaro, more popularly known in the local music scene as Skarlet Brown of the famed alternative/ska bands Put3Ska and Brownbeat All Stars.

Heart of Music is an NGO that seeks to secure and protect the health and livelihoods of local musicians. Skarlet is joined in this advocacy by another passionate jazz music artist and editor/writer Gou de Jesus.

On October 26, 2013 at 3pm, these heroes will conduct a FREE financial learning event for our fellow artists and musicians based in the Philippines. This will be held at the 70’s Bistro located in Anonas Street, Project 2 in Quezon City. Continue reading FREE Personal Finance Management Seminar for Artists and Musicians

What Consists a Fixed Income Fund?

Unlike stocks and equity funds, fixed income funds have “fixed rates” of interests or returns.  It is a type of mutual fund (MF) or unit investment trust fund (UITF) which is basically a pool of money that is invested in different types of fixed income securities.

The good thing about fixed income fund products is that they offer sureball, more convenient and more affordable ways of investing money in various fixed income securities in just one fund to satisfy different short-term to medium term financial goals like purchasing a car, a new house, or for a dream travel.

Remember our previous article about mutual funds and UITF’s? For short-term and medium-term financial goals (5 years or less), the best fund to invest in are the fixed income funds. But are you familiar about the different financial instruments that fixed income fund managers are investing in? Continue reading What Consists a Fixed Income Fund?