Category: Saving

Term Insurance – Is it for Everyone?

This is a guest post from my friend and fellow financial literacy advocate, Jess Uy.:)

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Term insurance may seem like the underdog when it comes to insurance policies because it lacks cash value. It may not be for everyone, but one should seriously think about getting a term policy over a whole life if their budget is rather limited.

Affordability is a primary reason why people buy term. It is highly attractive to people on a budget who need high coverage but have limited resources. Plus the earlier you get the policy, the more you save. In fact, savings become exponential the younger you are.

Young families or those with dependents will particularly benefit from this option. This group may find the option very attractive especially since they usually work with limited funds – balancing their financial resources for children’s education needs and retirement savings among other financial commitments. Continue reading Term Insurance – Is it for Everyone?

What Are Securities?

In our recent seminars, one of the most asked questions was “What is a security?” For the first time participant, the word may sound alien or may mean another thing for some. Such as the word security in “security guard”.

A new investor may already probably know what securities are but are not just aware that they are called by that name.

Now, what really are securities? Continue reading What Are Securities?

Why is The Church Not Teaching Its Flock to Invest in Stocks?

Tirades against the Church, the Catholic Church to be precise, are nothing new. Whether they are about political or societal issues, entities from both sides of the fence will never stop questioning the actions of the Church. In effect, people will either mock or love the Church even more.

Even in the area of finance and investing, the Church has always been questioned and challenged. One of the issues being discussed over and over again by groups of investors and finance advocates is the billions worth of investments by the Catholic Church (although these are investments by a few dioceses only and not the whole Philippine Catholic Church) in the stock market. Continue reading Why is The Church Not Teaching Its Flock to Invest in Stocks?