Kuya Well's personal finance corner
I’ve found (so far), two ways how to pay SSS WISP Plus contribution using a credit card. Two methods to pay SSS WISP Plus via credit card 1. Through the SSS Portal This is the easiest way to do it since you won’t have to go out of the SSS Portal after creating the Payment … Read More “How to pay SSS WISP Plus contribution using a credit card” »
In addition to Maya and GCash which I’ve discussed in previous posts, you can also pay your SSS WISP Plus contribution using GrabPay. Steps on how to pay SSS WISP Plus contribution via the GrabPay Step 1: Generate your PRN via the SSS Portal You can generate a PRN by going to PAYMENT REFERENCE NUMBER … Read More “How to Pay SSS WISP Plus contribution via GrabPay” »
CIMB has made some major changes to its promo. It appears to be somehow following that of Maya wherein there are tasks that you need to perform to get additional 1-2% increments. What’s the latest promo? Before we go to the breakdown, let’s acknowledge the fact that the interest promo rate will be applied to … Read More “CIMB’s Interest Rate Latest Update (November 2023)” »
Maya has updated their boost interest promo where the changes benefit new users more. That said, existing users get an additional 1% increase in the interest rate from that of last month’s promo. What’s the latest promo? Here’s the breakdown depending on the type of users: Promo for Existing Users As mentioned earlier, the promo … Read More “Maya Savings Boost Interest Latest Update (November 2023)” »
I’ve recently participated in discussions where people regard VUL insurance as a scam and I can understand their sentiment. To be fair though, VUL insurance is a legitimate product that is allowed by the Insurance Commission. So why are people calling it a scam? The main reason is incorrect expectations. People tend to think that … Read More “VUL Insurance is a Scam” »
In a previous post, I discussed how you can pay your SSS WISP Plus contribution via GCash. This time around, I’ll provide the steps on how you can use Maya to pay your WISP Plus contribution. Steps on how to pay SSS WISP Plus contribution via the Maya app Step 1: Generate your PRN via … Read More “How to Pay SSS WISP Plus Contribution using Maya” »
Though SSS WISP Plus was just launched in December last year compared to Pag-IBIG’s MP2 which was established in 2010, it’s good to compare these 2 government-backed programs and see which one’s better. Let’s make a side-by-side comparison between these two, shall we? Maturity Period A Pag-IBIG MP2 account has a lock-in period of 5 … Read More “Pag-IBIG MP2 vs SSS WISP Plus” »
When it comes to investing your hard-earned money, you have several options, and two popular choices are Mutual Funds and Unit Investment Trust Funds (UITFs). Both of these investment vehicles offer opportunities to grow your wealth, but they have some key differences you should understand before making a decision. In this blog post, we’ll break … Read More “Mutual Funds vs. UITF: Understanding the Key Differences” »
Maya just recently launched Funds in their app where you can invest in several Mutual Funds / UITF similar to that of GCash GFunds. How to Enroll in Maya Funds? 1. From the Maya Dashboard, tap on Funds. 2. If you haven’t done it before, you may be asked to do the following: Once completed, … Read More “Investing in Mutual Funds / UITF through Maya Funds” »
It’s a little bit late for the portfolio update but here we are. Portfolio Performance for September It’s another red month, but this time, it’s a -4.99%. Technically, the combined August and September performances negated the portfolio growth I had for June and July. With this, my portfolio’s year-to-date performance is now just sitting at … Read More “Poor Pinoy Investor US Stock Portfolio Update (October 2023)” »
