Kuya Well's personal finance corner
Which is better: trading in the US stock market or PSE? We know that investing in the stock market can be a great way to build wealth over the long term, but where should you invest? Let’s take a look at the main differences between the two markets: Market Size and Capitalization The PSE and … Read More “US Stock Market vs. PSE: Which Offers Better Returns?” »
Retirement is a period that many Filipinos either look forward to or dread to happen. I guess it all depends on how well-prepared you are when that time comes. Hence, it’s imperative to plan ahead and consider various financial factors that can affect your retirement income. For this particular blog post, let’s discuss the financial … Read More “Retirement Savings Strategies for Filipinos” »
Maya recently released new changes to the interest rate that a depositor gets from their savings account. The updated rates were effective March 7, 2023. What are the changes? Previous New Changes 4.5% per annum base interest for earnings balance of up to 5M 4% per annum base interest for earnings balance of up to … Read More “Maya Savings Account Interest Rates Updated: What You Need to Know (March 2023)” »
Was your account debited but the recipient failed to receive the money when you used InstaPay transfer during an InstaPay maintenance or downtime? I’m sure you’re worried about the mishap but here’s what you need to do: Don’t get mad at your bank or eWallet provider I’ve seen several comments on the social media accounts … Read More “How to Handle Failed InstaPay Transactions During Maintenance” »
“You should invest in stocks”. That’s what most financial gurus will say. But for someone living in the Philippines, that’s easier said than done. Though there were already online trading platforms available for Filipinos as early as the 2000s, the technology and information were not “there” yet. Hence, the older generations including Millenials were not … Read More “Investing in Stocks: A Guide for Filipinos” »
Curious about Pag-IBIG MP2? Then you’re on the right page since we’ll discuss some of the most frequently asked questions about Pag-IBIG MP2 here. FAQs about Pag-IBIG MP2 Is Pag-IBIG MP2 a good investment? Yes, Pag-IBIG MP2 is widely regarded as a good investment option for Filipinos who want to save and earn more than … Read More “Maximizing Your Savings: What You Need to Know About Pag-IBIG MP2” »
The Pag-IBIG regular savings is one of the most overlooked investment vehicles by Filipinos. Most people think that the mandatory contribution is simply a requirement in order to be able to get a housing loan. But do you know that the monthly 100-peso mandatory Pag-IBIG contribution deducted from your monthly salary is actually held in … Read More “Pag-IBIG Regular Savings: What You Need to Know” »
One of the key questions people often ask is, “Should I be saving or investing my money?” The answer is not always clear cut and there are pros and cons to both. In this post, we’ll explore the difference between savings and investment that will help you determine which approach is right for you. Savings … Read More “Savings vs Investment: Which Approach is Right for You?” »
Investing is a great way to grow your wealth and secure your financial future. Whether you’re looking to save for retirement, purchase a new home, or just grow your savings, there are a variety of investment options available to help you reach your goals. In this article, we’ll introduce you to the different types of … Read More “How to Choose the Right Investments for Your Financial Goals” »
With the right knowledge of your financial objectives, risk tolerance, and overall financial condition, investing can be a terrific strategy to gradually increase your wealth. Here’s what you need to know to get started: Create a Budget The amount you can afford to invest depends on how much money you have coming in and going … Read More “How to Start Investing: Tips for Beginners” »
