Category: Family

What Happens To Your Digital Assets When You Die?

This may sound new but the truth is the digital world is ridiculously part of everyday lives of many Filipinos. And because it is part of almost every Filipino’s lives, digital assets are accumulated by them over time.

In our growing advocacy for financial literacy, not only do we teach how to build up wealth and valuable physical properties and how to take good care of them. We also would like to teach about taking care of one’s assets that are built up online.

If you are a blogger or an online seller, most probably you have accounts in online “money banks” and payment systems such as PayPal, Google Wallet, Stripe, Adyen, etc.  You consider your money in these accounts as your digital asset.  Continue reading What Happens To Your Digital Assets When You Die?

Why Emergency Cash Is Not Enough During Calamities

The provinces affected by the storm Yolanda has not yet fully recovered. But another howling hurricane battered the same places and destroyed even more, including Metro Manila. And the saddest thing to know is that a lot of Filipinos are not prepared for these natural calamities and a lot are clueless on what to do in the aftermath of these disasters.

For those who are building up their emergency funds, you should know that your contingencies should not only mean “cash” but also other important intangibles and physical preparation. Your emergency funds may not always be enough to make your loved ones feel safer.

In order to prepare you for the worst, here are some realizations and very important steps to take in order to protect your families, keep them safer and prepared before any natural calamity comes. Continue reading Why Emergency Cash Is Not Enough During Calamities

Dad, I Wish You Had A Life Insurance

I lived in Batangas for the most part of my life since he time my father chose to retire as a government legal officer early back in the 80s. I believe it was after the EDSA revolution and I was just around 9 years old.

The first year in that sleepy town and that beautiful province was relatively easy and comfortable than when we were in Manila. We built our own house out of bamboo poles, a few kilos of cement, and patches of plywood behind our ancestor’s old house. But the land where our small house stood was not my father’s. It was my uncle’s.

My parents ran a small restaurant called “Chow Nook” in that small hometown of Alitagtag, several years before Chowking was invented. The food was great, the prices were cheap, but our profits were small.

In short, we always run out of cash whenever my brother and I got sick. ‘Good thing’ we were living just around our relatives. Continue reading Dad, I Wish You Had A Life Insurance