Category: Saving

How To Protect Yourself and Your Finances From Natural Calamities

There are just a lot of things we don’t have control over when a natural disaster strikes. The heart-crumbling earthquake that destroyed houses and hopes in Bohol, Cebu, and other provinces. In the not so long past, the country welcomed the strongest typhoon ever recorded, the typhoon Haiyan (Yolanda in the Philippines).

However, there are a handful of things we can do in order to prepare ourselves and ensure that we and our loved ones are in the best possible position to manage whatever happens after the disaster.

Many of us are fortunate enough to have avoided being victims of the earthquake and typhoon Yolanda. But are we really ready to face such disasters with plans in place to protect our properties and loved ones? Continue reading How To Protect Yourself and Your Finances From Natural Calamities

Are Stocks and Equity Funds Really Your Long-Term Buddies?

In my previous post about depending solely on SSS/GSIS/HDMF to cover for one’s retirement expenses and needs, we mentioned that the pension that you will be receiving from these institutions will never be enough.

These employer-sponsored retirement plans can be a good start for a young employee while learning about other investment options that can generate higher returns.

Two of the most commonly-recommended financial instruments to invest in for long-term are stocks or equity funds through mutual funds or UITF’s. But are these really your reliable friends to entrust your money from Investing Day 1 up until your retirement age? Continue reading Are Stocks and Equity Funds Really Your Long-Term Buddies?

Are You A Ninong/Ninang Because You’re an OFW?

This goes out to our OFW friends who have been ignored by their network of friends in their earlier years as a regular factory worker in Philippine provinces or an ordinary blue-collar yuppie in Makati or Ortigas.

Have you ever wondered why among all your friends you were not considered as a Ninong or Ninang (Baptismal godparent/sponsor) to another friend’s new-born child?

It’s simple, right? Because you didn’t have a high-paying job. Your salary was not even enough for you. Worse, you didn’t have a job. Continue reading Are You A Ninong/Ninang Because You’re an OFW?