Everything You Need to Know About Microinsurance in the Philippines


Introduction For most people around the world, financial security is difficult to achieve. Most individuals end up spending a large percentage of their wages to pay for bills and everyday essentials. In situations like these, very little money is set aside for future expenses or possible emergencies. What Is Insurance? Having inadequate savings poses a…

Microloans: A Quick Microfinancing Solution for Your Various Needs


Introduction Saving money is difficult for most people because monthly wages are often just enough to cover everyday expenses and bills. Even if individuals can set aside a small amount of money, it may still take some time to earn enough for large purchases, whether essential or not. In cases like these, financing options, such…

What saving money is and why you should save


Saving money can be a struggle. According to BangkoSentral ng Pilipinas’ latest Financial Inclusion Survey, only 29% of Filipinos have a dedicated savings account. This means, more than half of Filipinos find it difficult to save money. But saving money is an important step to reach financial freedom. Failure to save money as early as…

15 Tips and Tricks to Save Money


There is no doubt that saving money is important. The sooner you start to save money, the more you can save. In this post we are giving 15 tips and tricks to help you save money. Use these money-saving tips in your day-to-day life. Have a separate account for your savings The very first tip…

7 Saving Tips for Students


Saving money as a student can be difficult. Most college and high school students are living on a tight budget, depending only on the allowance they get from their parents. As difficult as it is, there are still ways you can be smart about managing your money as a student. In today’s post we will…

Micro Savings in the Philippines: A Convenient and Affordable Means to Save Money!


Introduction Saving money is one thing people aim to do but is often difficult to commit to. While banks and other financial institutions offer several options to help individuals start saving money, these services are not easily accessible to everyone. Low-income earners are at a disadvantage because most of the resources available to them often…

How Pawnshops Work: A Basic Guide for Pawnbroking in the Philippines


Introduction Have you ever wondered why there are more pawnshops than banks in the Philippines? This is attributable to the reality where pawnshops provide a wide range of financial services in places where banks are scarce. In fact, these outlets can become crowded and have long queues even in the provinces and especially in outlying…

Money Remittance 101: Tips in Sending Money to Your Loved Ones in the Philippines


Introduction With the increasing number of overseas Filipino workers (OFWs) globally, money remittances have been constantly boosting our country's economy. This has been an ongoing trend in our recent history. Our modern-day heroes have proved to be a vital source of financial support for their families' daily consumption needs, investments, and savings. OFWs work selflessly…

Taking the Shorter Route: The Fewer the Travels, the Better


“Never leave for tomorrow what you can accomplish today.” You may have heard of that quotation and its various versions before. It’s very true, especially in our society today, when the proper authorities are taking their time in processing projects and items that are meant to be for the good of their constituents. Even we…