Saving – Page 62 – Rock To Riches

The Magic of MRI for Home Loan Borrowers

In my recent talk at the University of the Philippines-Diliman as part of UP Phil Delta Alpha Sorority’s Alternative Classroom Learning Experience or ACLE, I discussed about securing one’s future through frugal living and growing money through various investment vehicles.

The two other guest speakers spoke about insurance and its importance in protecting our finances, homes, and lives in the event of natural calamities and disasters.

What caught my attention the most was the sharing of Mr. Jay Castillo of Foreclosure Philippines about their experience with Ondoy back in 2009. There are a handful revelations from his talk as his was a first-hand experience as a home loan borrower who lost a home right where Ondoy struck the heaviest, Marikina City.

According to Jay, his Pag-ibig home loan insurance has helped him recover a big portion of the cost of the house after selling it. While it was expected to find it hard to look for buyers, Jay was lucky enough to find one: their neighbor. Continue reading The Magic of MRI for Home Loan Borrowers

When Loan Sharks Attack

I was one of Randell Tiongson’s guests in his Money Talks radio show last night on Energy FM. In our discussion we talked about Filipinos getting buried in debt and eventually resorting to looking for opportunities overseas and leaving their loved ones behind.

I remember falling victim, a willing one at that, to a loan shark about 10 years ago. I couldn’t eat well. I could barely sleep for more than a couple of hours every night. I only worry about what could happen if they come to our house and do something terribly unlikeable. I could have even lost my job.

I recently read a news headline in Ireland that says “Soldier stole money from car park to pay back loan sharks“. AN OUT-of-work soldier came under pressure from loan sharks to repay a debt when he stole nearly €1,000 from a car park office safe, a court heard.

And then just recently (September 1, 2014), “Two teachers and a collector were killed, while four other teachers were injured, after a police officer went on a shooting rampage in the Pangasinan National High School campus in Lingayen town, Pangasinan Monday afternoon.”

Continue reading When Loan Sharks Attack

PSE-iACADEMY 4th Run of the Certified Securities Specialist Program

The PSE and iACADEMY School of Continuing Education are launching the 4th Run of the PSE-iACADEMY Certified Securities Specialist Course (CSSC) on Monday, February 10, 2014.

The Certification Program is comprised of 136 classroom hours divided into three weekly sessions on Mondays, Wednesdays & Fridays from 6-9 pm over 16 weeks. Classes are held at the iACADEMY campus on Ayala Avenue, directly across from the PSE.

The program starts on February 10 for a learning investment of P55,000. Aside from the courses, there will also be a Review & Mock Exam and a Comprehensive Exam. Participants who pass the exam will earn the privilege of being Certified Securities Specialists.

We encourage the following individuals to attend this Program: Financial Planners/Advisors, Chief Financial Officers, Investors and Leaders & Other Professionals interested in the financial markets.

The program was designed by a group of notable professors and market practitioners with the goal of financial literacy for those who are interested in and involved in the markets. As such, the curriculum covers a diverse range of fifteen subjects, including: Financial Excel, Quantitative Methods of Finance, Valuation, Fundamental & Technical Analysis, Raising Capital in the Capital Markets and Securities Regulation.

For inquiries, please email Sales & Marketing at short.course@iacademy.edu.ph. You may also call 889-7777 local 352. Early bird rates apply to those who register & pay by January 27, 2014.

Note: This is a sponsored post.