Kuya Well's personal finance corner
It’s been almost 4 months since Pag-IBIG has announced the dividend rates for 2023. Have you received yours? Crediting of dividends is still ongoing I have 2 MP2 accounts and one of them has already reflected the dividends since March but the older MP2 account hasn’t been credited yet. Also, my Pag-IBIG regular savings still … Read More “Pag-IBIG MP2 2023 dividends not yet credited?” »
In the past, paying your Pag-IBIG MP2 contributions using a debit card or via bank will cost you 1.75% in fees. Nowadays, more banks are making it easier for you to pay your Pag-IBIG MP2 contributions with a low convenience fee. In a previous post, I talked about how you can pay your Pag-IBIG MP2 … Read More “How to pay Pag-IBIG MP2 contribution using GoTyme” »
It was only a few days ago when Pag-IBIG unveiled the dividend rate for 2023. And now, the dividends are being credited to members’ accounts. Pag-IBIG has also posted the same info on their Facebook page. Take note that it may take some time for all accounts to reflect the dividends, so you might want … Read More “2023 Pag-IBIG MP2 Dividends are now being credited” »
Pag-IBIG Fund has just announced the latest dividend rate for both Pag-IBIG Regular Savings and MP2. Compared to last year’s announcement, Pag-IBIG announced it a month earlier than expected. What are the dividend rates for Regular Savings and MP2? The dividend rate for the Regular Savings is at 6.55% per annum while MP2 sits at 7.05% per annum. How does it compare to … Read More “2023 Pag-IBIG Dividend Rates for Regular Savings and MP2 are out” »
When paying MP2 contributions, I always recommend doing it via the Virtual Pag-IBIG website. However, let’s admit that paying MP2 contributions via debit/credit card will cost you a 1.75% convenience fee. So that’s a bit costly if you’re going to put in a large amount. Hence, in one of my previous posts, I provided a … Read More “How to pay Pag-IBIG MP2 contribution through BPI” »
Though I recommend going through the Virtual Pag-IBIG website and selecting GCash as the payment processor, some don’t have an account with Virtual Pag-IBIG just yet. Hence, this post is to show you how you can pay your Pag-IBIG MP2 contributions directly through GCash instead. Steps on how to pay Pag-IBIG MP2 contribution via GCash … Read More “How to pay Pag-IBIG MP2 contribution via GCash” »
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” »
The eligibility requirement to enroll in Pag-IBIG MP2 is broken down into 3: Maximum age limit I am a Senior Citizen, can I still invest in MP2? I’ve seen this question a lot of times in a Facebook group of which I’m a member. The answer to the question: Yes, you can. A retired Pag-IBIG … Read More “Pag-IBIG MP2: is it for everyone?” »
Note: this lifehack no longer works for a Mastercard. I’m sure you’ve thought of using your credit card to pay for your MP2 contribution but have considered not doing it because of the hefty 1.75% convenience fee. Before I share the life hack, first consider using a credit card to pay for your MP2 contribution … Read More “Life hack: How to pay MP2 contribution using a credit card with just a 5-peso convenience fee” »
With digital banks offering high-interest returns nowadays, one would think, should we just put our money in digital banks rather than invest in stocks, mutual funds, or even MP2? Maya Savings has captured the attention of many due to its advertised “10% p.a.” interest rate to the point that some are considering just investing in … Read More “Which one’s better: investing in Maya Savings or MP2?” »
