Category: Family

It’s Ramadan Sale! Should You Shop Or Not?

The Middle East is an adopted home to many OFW’s (overseas Filipino workers) where they also experience one of the holiest months in Islam. The month of Ramadan is also synonymous to the 3-day mall sales in the Philippines. Only that it’s 30 days/nights for most locals (and Pinoys as well) of splurging and spending extra on food, personal items, appliances, clothes, gadgets, etc. on huge discounts!

Even some remittance centers lower their fees and charges during this month. Awesome, isn’t it?

The only usual problem I observe is that many Filipinos would spend above their means during this season just because their colleagues are spending too. Or that because they are bored in their apartment during the night so they need to go out and window-shop around downtown. Just to kill homesickness and boredom. Continue reading It’s Ramadan Sale! Should You Shop Or Not?

When Salary Increases, Do You Upsize Your Lifestyle?

Many Filipinos, OFW’s and locally-based alike, are easily tempted to buy more things they “want” upon receiving news that they will either be given a raise or at best, be promoted. They haven’t gotten the money yet but the shopping spree usually happens ahead of it, usually using borrowed money.

Just because you received that 10% salary increase this year (wow) you will find spending a little more easier this payday weekend. While inflation increases most likely every year it doesn’t justify your rationale to inflate your lifestyle too. Wouldn’t it be more prudent if we address our debt issues first? Continue reading When Salary Increases, Do You Upsize Your Lifestyle?

Mo’ Money, Mo’ Problems?

A couple of months ago, I wrote about why couples need to have money talks with each other.

In that article, I specifically recommended a few points on how to stop fighting over money. But to give us a broader perspective on why I gave such recommendations, here’s an infographic from Money Rates as compiled and distributed by Infographiclist.Com giving us complete details about the reasons for money problems in relationships, the problems brought about by these reasons, and the ways to solve all these.

Although this survey is done in the U.S., I think a lot of Filipinos and Filipino-Americans can relate to these issues. It will surely help you assess your personalities and how to properly handle your finances without compromising your relationships and marriages. Continue reading Mo’ Money, Mo’ Problems?