Should You Immediately Grab an 8% Annual Return Investment Offer?

An OFW blog follower sought my opinion earlier today regarding a business proposal being offered to her and her friends by a person who claimed that he is expanding his fishpond business in the Philippines. While I do not have a complete background of the proposal I told her right away that she needs to consider a handful of things before saying yes to the offer.

She mentioned that the business proposal is that they are being promised to receive an 8% annual return or annuity for every P50,000 she and each of her friends will invest in the said fishpond business expansion. However, the P50,000 that each of them will invest shall be returned to them only on the third year of the business. Continue reading Should You Immediately Grab an 8% Annual Return Investment Offer?

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

Arteng Pinay Financial Workshop (Personal Finance for Artists and Musicians 2)

We’re back to teaching our fellow artists, writers, and musicians on how to take care of their earnings from gigs and bookings and how to make them grow to achieve their future financial goals.

This time around, our lady volunteers from Angat Pilipinas Coalition for Financial Literacy who are artists themselves in their own rights, will be sharing with us their knowledge and experience in managing their finances and investing them in various financial instruments.

The FREE workshop will take place on March 2, 2014, Sunday, at 2PM at the UCC Cafe Burgos Circle near Cantinetta/Johnny Rockets, Forbes Town Center, Taguig City. Continue reading Arteng Pinay Financial Workshop (Personal Finance for Artists and Musicians 2)