Category: Investing

Are You Really Ready To Buy A House?

If you are running a social media group like our OFW UsapangPiso Forum, one of the most moderated posts are those ads of houses and condo units that local real estate brokers and agents are selling. The problem is that they don’t read our posting guidelines/rules first before flooding our walls. Nothing against selling of properties as I myself do sell some passively. (Yes, I don’t like competition). 😛

Seriously, agents and brokers target OFWs and OFW communities in selling their units, boasting of easy installment plans and low interests. There are also a lot to choose from. Pretty tempting for most OFW’s whose goals include owning a house or run a house-for-rent business.

However, people need to examine their situation first whether it’s already the right time for them to buy their first house.  Just because everybody’s buying and news of a good economy keeps on popping up your TV screen, doesn’t mean you have to buy now also.

Ask yourself the following questions to know if you are really ready to make that once so elusive dream of owning a house come true. Continue reading Are You Really Ready To Buy A House?

We’re Using Cheap Cellphones, So What?

Some friends are telling me that I should buy a brand new smartphone, an iPhone5 (Update: iPhone7 na!) perhaps. Para saan pa ba daw ang sweldo? Probably because they’ve been seeing me using a ridiculously older and funnier model of cellphone (not already) available in the market today.

Well, my wife and I agreed that we don’t need a brand new smartphone for now as we don’t see its benefit and relevance to our goals. Besides, we communicate heavily through the internet (emails, Facebook, LinkedIn, Twitter, etc.) using our laptops and a tablet (I’m not a cheapskate after all!).

In spite of the fact that we can actually afford to buy a couple of brand new top-of-the-line smartphones, we still preferred to just keep our old ones while they are still working according to our needs (Read: Text and call).

I know you don’t care but perhaps if you are someone who’s currently in deep debt but you brandish the latest smartphone, then I guess you can learn a thing or two from what we do. So whether you are interested or not to know what cellphone models and brands we use, I present to you our Trio Ring-O. Continue reading We’re Using Cheap Cellphones, So What?

Do You Really Need To Get A Life Insurance?

People who are becoming more aware about the need to manage their finances have started to think if they really need a life insurance. Especially when most personal finance gurus mention its importance in an investor’s portfolio.

How about you? Have you asked yourself or an insurance agent/financial advisor if you really need to buy a life insurance?

Let’s see where you belong among the following categories. Continue reading Do You Really Need To Get A Life Insurance?