QUESTION: Hi Sir Randell! I’ve been reading a lot of personal finance articles about millennials. I read one that definitely hit home. It was one about the “sandwich generation” wherein Filipino adults feel sandwiched between their responsibilities to their parents and their responsibilities to their families (or the family they will have in the future). […]
Read more →Author: Randell Tiongson
5 Simple Ways for OFWs to Invest in the Philippines
OFWs are generally the kind of people who leave home because they want to provide for their respective families, others still are looking to broaden their life experiences by working abroad for a time. With their time working abroad comes the idea of eventually putting the money they’ve worked hard for to good use. Most […]
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Financing your adult children
Question: Hi, Randell. My child has been working for five years already but I feel that I can do more to help him become financially independent. I’ve been helping him out by giving him a monthly allowance of P10,000, instead of him contributing to our expenses in the house. He was recently unemployed and lives […]
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5 Tips To Get Rid of Your Credit Card Debt
QUESTION: Because of emergency and other unforeseen expenses, I have racked up credit card debt. I hate the feeling of having debt. It scares me that I may never be able to pay them down, and the interest rates are discouraging. I would love to get some tips from you on how I can pay […]
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7 Preparations for OFWs Before Buying a Property
One of the main reasons why overseas Filipino workers (OFWs) are willing to sacrifice being away from home is because they would like their families to have better and comfortable lives by earning more money. Saving more money means having more budget to buy and own a property. Real estate trends based on Lamudi’s latest […]
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Who Should Control the Finances of Your Family?
Men, take control. I have often been asked the question: “who should handle the finances of the family?” Is it the husband or is it the wife? The ‘politically-correct’ answer is ‘it depends’. You will hear many people even so-called experts, say that the handling of the money should be done by the spouse who […]
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Think Long-Term
Here are a few points as to why long-term thinking is a must in investing and why you should stick to a long-term mindset: 1. It determines your investment objective People invest in various investment instruments depending on their objectives. Some want to grow their money to pay for an upcoming wedding while others want […]
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Is it Time to Teach Your Kids About Money?
Question: Hi Randell. I’m a mom of two kids—a 3-year-old girl and a 4-month-old baby. I know that they’re still too young to understand what money is, but my husband suggested that we already start teaching them the value of money. I think this is a good thing. Soon, they will be in school and […]
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3 Steps to Start Saving and Enjoying Your Money
Q: I READ your ‘5 finance things millennials should do’ article from before, but I’m worried that concentrating on saving and investing won’t leave me any money to have any fun with. What do you suggest I do? —Allen, via e-mail A: While you’re young (even when you’re not!), it’s natural to want to enjoy […]
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Be Faithful Over A Little
Throughout life, God will bless you with an infinite amount of resources. You will be blessed with only so much money, time, assets and talents. With each blessing God has given you, He expects you to be a good steward of what He has blessed you with. Faithfulness leads to fruitfulness How can you ask […]
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5 Money Management Tips for Married Couples
I thought about a lot of marriage breaking up and it seems that annulments have been increasing in the Philippines and has actually been more socially accepted. So why do marriages end? How can a couple who are really in love with each other end up hating each other? How did “till death do us […]
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How to Spot Good Real Estate Deals
Every great investment starts with a great deal. Investors looking to start their real estate portfolio or even a bachelor planning to buy his first condominium unit must learn how to spot a great deal to make sure that their hard-earned money will turn into a valuable investment. Here are some tips to remember if […]
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