Category: Personal Finance

The Hidden Costs of Buying A House or Condo

For most OFW’s (and Filipinos as a whole), owning a land or a house is like winning a championship trophy in a basketball game. In fact, that’s an understatement. For the working Filipino, it is an achievement and a dream-come-true to finally own a tangible “investment”.

But if you are someone who has just started working, being tempted to “invest” in a house or lot somewhere outside the Metro or in a condo unit somewhere at The Fort is rather inevitable.

You can not escape from the binoculars of real estate agents positioned strategically inside malls and commercial establishments. They can identify if you have been dreaming to have a house soon. They know if you’re an OFW or a newbie yuppie from Makati. Continue reading The Hidden Costs of Buying A House or Condo

Most OFW’s Families Are Not Protected

Filipinos working overseas (OFW’s) are always exposed to a lot of physical risks. They travel from their apartments/housing camps to work either by train, shuttle bus services, by cars  on highways, bicycles, or even on foot.

In hazardous workplaces like factories, mills, chemical plants, and even offices, OFW’s face everyday fears of accidents and tragedies while thinking about their loved ones back home.

But the most alarming part in this already worrisome conditions of our OFW’s is that most of them and their families are not protected enough with insurance.

When an OFW passes away due to accident or even by natural cause, his or her family back home is left with almost nothing but the last payment from his/her employer. And maybe a few more from the government’s grant or financial aid. Continue reading Most OFW’s Families Are Not Protected

Angat Pilipinas Coalition for Financial Literacy – Call for Submissions

Angat Pilipinas Coalition for Financial Literacy is seeking projects and encouraging volunteer personal finance writers who have unpublished articles and essays to submit to us.

APC

Articles embracing any aspect of personal finance are welcome, including financial literacy for tots and teens, personal finance subjects in school, insurance literacy for high school/college students, basic stock market investing, raising financially-smart children, budgeting, allowances, savings accounts, mutual funds, financing college, responsible borrowing, banking services, etc.

We are also accepting logo drafts and tagline suggestions for the coalition.

Book reviews of personal finance works are also solicited.

Notices of conferences, webinars, seminars, calls for papers, and similar advocacy announcements will be accepted.

For submission guidelines and other information, please contact Ann Angala-Shy at admin@pinoymundobiz.org or call +63 917 576 9198. Continue reading Angat Pilipinas Coalition for Financial Literacy – Call for Submissions