Category: Information and Communication Technology

Investing From Phoneline To Online – 20 Years of Philippine Internet

Many Filipinos have forgotten when and how the Philippines hooked up to the global internet. And a lot even do not know that the first Philippine link to the Internet happened at the first International E-mail conference in University of San Carlos in Cebu on March 29, 1994.

That was the same date when the Philippine Stock Exchange’s Stratus Trading System (STS) was linked with the MakTrade trading system to produce a One Price-One Market exchange. Something our young investors should at least remember. However, during these years, investing in the stock market would mean interacting with a broker either via the telephone and not online.

Fast forward 20 years, the internet has helped improve our investing journey by giving us the opportunity to buy our stocks and top up our funds by just logging online. It has also helped us establish and organize our financial literacy advocacy for Filipinos in the Philippines and abroad. For those who are not aware, the educational projects of Angat Pilipinas Coalition for Financial Literacy, together with its OFW UsapangPiso wing, are being run by Filipino volunteers from all over the world communicating mostly only via the internet and the social media. Continue reading Investing From Phoneline To Online – 20 Years of Philippine Internet

Of Home-Based Businesses and Power Addresses

I’ve always wanted to be an entrepreneur but for the longest time, it didn’t want to be me. A few years ago, however, I got the opportunity to be one. I partnered with my cousin, who’s a great cook, and we set up small “isawan” or barbeque place in front of their house. Being the capitalist partner, I put up the capital needed to kick-start the business and she, being the industrialist one, supplied the expertise and labor.

Sales were so-so at first but within a week or two, it picked up. In a few months, I recouped my capital, as sales just kept on getting stronger. Unfortunately, my appetite was overwhelmingly stronger than sales. I practically ate the business to death. Continue reading Of Home-Based Businesses and Power Addresses

Advantages of Easy Instalment Plans for Credit Card Holders

Last month, Kuripot Pinay had a guest post here in our site and she talked about the pitfalls of giving in to 0% interest rates offered by credit card companies, banks, and partner shops. It was actually focused on the spending behavior of consumers who use credit cards.

For Kuripot Pinay, purchasing through 0% interest plans is a good tool to trim down payments if you have bigger purchases. You can be able to maximize the potential of the 0% interest provided that you have the discipline to pay it in full and on time. Assuming you are saving and investing, having a credit card is a great buddy to celebrate little victories in life by being a responsible spender.

We currently have a survey being answered by our Facebook group members and it’s quite surprising that a lot of responsible consumers view credit cards as a good purchasing tool. You can see a few of their comments in the screenshot below. And of course, our guest writer for today, Mark of MoneyMax.ph, will show us further the brighter side of easy instalment plans using credit cards in the Philippines. Continue reading Advantages of Easy Instalment Plans for Credit Card Holders