Investment
investment
Financial Instruments for OFWs
A behavioral study conducted by the BSP to overseas Filipino workers reveals that OFWs are becoming more and more interested toward investments and solid opportunites that can further the hard-earned money abroad. In order to secure the future consumption, OFWs are always ready to invest their hard-earned money in financial intruments. These financial instruments are [...]
Shift attention to Personal Finance
These past days I’ve been reading blogs and articles about personal finance, it interest me very much that lead me to decide whether its time to change the topic of this blog to a much interesting and informative niche of personal finance and investment. If I will dedicate this site to post investment stories and [...]
6 Steps to Financial Independence
In the game of the rat race, the goal is to become financially free. For the past weeks, I’ve been browsing online articles from financial planners hoping to find some tips how to attain financial independence. Interestingly, I come accross the blog of Charles Amoroso, a Filipino Financial Planner talking about the 6 Steps to [...]
DBP Hedging Program for OFWs
New DBP Program Shields OFWs Against Strengthening Peso Overseas Filipino workers (OFWs) and their families can now benefit from a new program being offered by DBP that seeks to help cushion their remittances against the continued appreciation of the peso. President & CEO Reynaldo G. David announced that the DBP OFW Hedging Program is being [...]
Lessons to Learn in Five-Six Loan Scheme
Many of us are accustom in choosing the five-six whenever we find ourselves in the very difficult situation of needing a cash for emergency purposes. Franciso Colayco, a well known financial advisor share us his sights and advises on this popular lending scheme. Joey from the Middle East wrote me that he has been an [...]
Plan to Fail or Fail to Plan
After more than one year of being an Overseas Filipino Worker I’m now beginning to think on whether or not I should get a Life Insurance. Well actually it’s not that hard to decide specially if you are in my shoes. You probably would say that considering I’m a married man with one son opting [...]
How to make your salary fit
Francisco Colayco gives an astounding wealth of advice when someone asked him a question about savings. The question goes like this: Noong maliit pa lang ang suweldo ko, talagang kapos para sa pangangailangan namin. Pero nagtataka po ako kung bakit kahit na apat na beses na akong nadagdagan ng suweldo, kulang pa rin ang suweldo [...]
Be a passive entrepreneur
Since the birth of this blog I’ve always wanted to search and share investing articles that could help us in someway. This weeks investing article is from the well-known writer and investing coach Mr. Francisco Colayco, an entrepreneur, a venture and a financing advisor. Let’s read what he say about becoming a passive entrepreneur.. “Passive [...]
Managing Your Money
Chemical engineer Arnulfo “Nonoy” Blanco was connected with some of the country’s biggest names in food manufacturing like Liberty Flour Mills, CFC and San Miguel Corporation. A more challenging engineering design job enticed him to work for an oil and gas consulting firm in Saudi Arabia. It meant a higher salary, too. He recalls, “Pag [...]
How to have P 20,000 (5 years from now)
Today’s post is something about saving and investing. Following are the questions which I’m sure you also have asked to yourself when you think of investing your money or savings for retirement or planning for-good (OFW’s who return to Philippines and decided not go back to work abroad instead stay in Philippines either to work [...]