More often than not, the younger population has little to no access to banking services due to their limited credit history and the stringent requirements of financial institutions in the Philippines. Yet, quite surprisingly, this age group is the most financially literate ...
No initial deposit and maintaining balance required.
Sending money to their families will soon become easier for Filipinos abroad with a new online banking service exclusively for overseas workers. The state-run Land Bank of the Philippines announced the launch of its GoBayani Savings, a digital deposit account that ...
Did you know that only six neobanks are Bangko Sentral ng Pilipinas-approved?
With preference growing for online transactions, it's only a matter of time until digital banking becomes more mainstream. (Well, that's if it isn't yet already.)While so many options for electronic payments have emerged, only six digital banks have ...
Why should I invest my money?This is a common question when people start getting into investments. It's probably the most frequently asked, too, along with doubts about the security of their money.But people often have the tendency to overcomplicate ...
Whether women are better multitaskers than men remains up for debate. But according to this study, men are statistically more prone to managing two part-time jobs compared to women, who prefer taking up only one.
A study conducted a few years ago suggested that Filipinos need to earn an annual income of P1.3 million (or P110,000 per month) to achieve happiness. It appears that a considerable number of individuals are turning to side hustles or ...
Instead of setting unrealistic resolutions, why not try some that directly impact your financial health?
As we enter a new year, it's an opportune time to reflect on our financial goals and set resolutions to enhance our investment strategies.Whether you're an experienced investor or just starting out, setting clear investment resolutions can provide a ...
It starts with a desire to change your money habits.
It is that time of the year again when everyone is making resolutions to become better in the New Year.As you look over the past year, one of the resolutions that you can make is how to be closer to your ...
Investments vs savings why you need to know the difference.
Most of us were taught at an early age about saving our money for a rainy day, but few of us were taught about the other "basic" of handling our finances, which are investments. Saving is important because it assures us of ...
If you don’t have the right money mindset, you will always go back to your bad habits.
The year 2020 has been the most difficult year financially for many of us. A lot of people lost their jobs due to business slow down and closures. Many have exhausted their savings and used up their credit cards during the trying ...
There is every reason to be anxious about your financial security when you don’t have control of your personal finances.
Many people, even those who are already successful in the business, still struggle when it comes to financial planning. It is difficult to focus on work when you are constantly bothered by money issues.Rising expenses at home, missing credit card payments, ...
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