There are more Filipino households with savings, according to a quarterly survey of the Bangko Sentral ng Pilipinas (BSP). Bank of the Philippine Islands (BPI) Family Savings Bank (BFSB) President Ma. Cristina Go noted the BSP report released March which showed that the percentage of households with savings rose to 36.6 percent from 32.8 percent […]
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BPI assists HK-based OFWs with financial literacy workshops
The Bank of the Philippine Islands (BPI) is continuing its mission to assist Hongkong-based Overseas Filipino Workers (OFW) on how to save, invest, and secure their families’ future. With the continuously growing number of overseas Filipino workers (OFWs) in Hong Kong, BPI has stepped up its efforts to be a reliable partner in managing their […]
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How You Can Improve Your Savings By Being Mindful
Your energy bills keep on increasing. Neverending payments for monthly subscriptions. The lure of shopping sites and home tv shopping. You probably have encountered the myth that you need to make more in order to spend more. You cannot save money because you are not actively earning, hence there is no source from which you […]
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3 Simple Causes of Financial Stress That You Need To Pay Attention To
Have you experienced any of the following? You find it difficult to sleep at night because of some unsettled financial obligations. You always find yourself ranting about how hard you’re working yet not getting enough money to pay your bills? Your bank account always seem to scream: “not enough!” You could probably be battling financial […]
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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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5 Myths Uncovered About Money
According to Wikipedia, “A myth is a traditional story consisting of events that are ostensibly historical, though often supernatural, explaining the origins of a cultural practice or natural phenomenon. The word “myth” is derived from the Greek word mythos which simply means story.” Here’s the hard truth – sometimes our beliefs about money are the […]
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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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10 Tips on How Savings Money Made Me a Better Person
I am thankful and grateful that my parents really taught me how to save money. But it wasn’t really pleasant when I was starting. It seems like I felt deprived of so many things in life when I was still young. But thanks be to God the discipline of savings made me a better person. […]
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How Can I Increase My Monthly Income?
What’s the most frustrating thing that has ever happened in your life? Maybe it’s these things…
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Why Should I Make a Budget?
People often will say they have a budget. You say you know where your money goes and you don’t need it all written down to keep up with it?
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