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Kuya Well's personal finance corner

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Tag: personal finance

Savings vs Investment: Which Approach is Right for You?

Posted on February 27, 2023March 9, 2023 By Kuya Well No Comments on Savings vs Investment: Which Approach is Right for You?
Savings vs Investment: Which Approach is Right for You?
Posts

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?” »

Why Filipinos Struggle with Saving and How to Overcome

Posted on February 17, 2023March 4, 2023 By Kuya Well No Comments on Why Filipinos Struggle with Saving and How to Overcome
Why Filipinos Struggle with Saving and How to Overcome
Posts

As discussed in a previous post, savings are crucial because they allow you to build a financial cushion for emergencies, such as job loss or unexpected expenses. In addition, saving can help you achieve your long-term financial goals, such as buying a house, starting a business, or retiring comfortably. That said, many Filipinos struggle with … Read More “Why Filipinos Struggle with Saving and How to Overcome” »

Practical Ways to Pay Off Your Ballooned Credit Card Debt

Posted on February 14, 2023March 4, 2023 By Kuya Well No Comments on Practical Ways to Pay Off Your Ballooned Credit Card Debt
Practical Ways to Pay Off Your Ballooned Credit Card Debt
Posts

Credit card debt is a common problem for many Filipinos. Ballooning debt is when the minimum payment is not enough to cover the interest, and the balance keeps increasing. This can quickly lead to a situation where the debt becomes difficult to repay. However, with the right strategies, you can pay off your ballooned credit … Read More “Practical Ways to Pay Off Your Ballooned Credit Card Debt” »

The Ultimate Guide to Using GCash App in the Philippines

The Ultimate Guide to Using GCash App in the Philippines

GCash is a mobile wallet and online payment platform in the Philippines that allows users to pay bills, buy load, send money, make purchases online, and more.

Features of the GCash app

Bill Payments

You can use the app to pay your bills for electricity, water, cable, internet, and more.

Bills Payment
Bills Payment

Mobile Load

Buying prepaid load for yourself or others is made easy by the app.

Mobile Load
Mobile Load

Send Money

Send money to other users or to any mobile number in the Philippines.

Send Money
Send Money

Online Shopping

Due to partnerships with various online merchants, you can purchase online using your GCash wallet. Though the app has its own Shopping section, you can also pay for your purchases on other online shopping apps like Shopee, Lazada, and Shein using GCash as the payment method.

GCash in-app Shopping
GCash in-app Shopping

QR Payments

Go cashless and pay for your stuff in physical stores by scanning the QR codes using the app.

Investments

Investing made easy! You can now invest in mutual funds, cryptocurrency and even buy insurance using your mobile wallet.

  • GCash Investment
    Investment
  • GCash Mutual Funds
    Mutual Funds
  • GInsure
  • GCrypto
    Gcrypto

Note: Global GStocks and GStocks PH are currently not available yet. There’s no specific date as to when they will be released.

Remittances

GCash has partnered with international money transfer services to allow users to send money abroad.

Remittances
Remittances

Signing up for GCash

  1. Scan the QR code below or click here to start the registration process.
  2. Download the GCash app from the App Store or Google Play Store.
  3. Launch the app and select “Sign Up”.
  4. Enter your personal information such as your full name, mobile number, and email address.
  5. Verify your mobile number through an SMS verification code.
  6. Create a password and secure it with a 4-digit MPIN.
  7. Read and agree to the terms and conditions.
  8. Complete the verification process, which may include providing a government-issued ID, selfie, and proof of address.
QR Code

Cashing in on GCash

  1. Open the GCash app and tap on the “Cash In” button.
  2. Choose your preferred cash-in method, such as bank transfer or over-the-counter (OTC) at a partner outlet.
  3. Enter the amount you want to cash in and follow the instructions to complete the transaction.
  4. Wait for the cash to be credited to your GCash wallet, which usually takes a few minutes to an hour.
Cash in
Cash in

In conclusion, GCash is a highly convenient and user-friendly app that allows you to easily manage your finances on your smartphone. With its various features, including the ability to pay bills, buy load, send money, and more, ithas become a popular choice for many Filipinos looking for a simple and reliable way to manage their finances.

Money Matters: A Preview of the Topics I’ll Cover on My Personal Finance Blog

Posted on February 10, 2023March 5, 2023 By Kuya Well No Comments on Money Matters: A Preview of the Topics I’ll Cover on My Personal Finance Blog
Money Matters: A Preview of the Topics I’ll Cover on My Personal Finance Blog
Posts

I’m sure some of you are already itching for me to start discussing investment-related topics on this personal finance blog. I am too. In fact, I am more than excited to share with you my journey in the stock market. That said, we must lay the groundwork first and not rush things out. It’s important … Read More “Money Matters: A Preview of the Topics I’ll Cover on My Personal Finance Blog” »

Emergency Fund 101: How to Prepare for Life’s Unforeseen Events

Posted on February 3, 2023March 5, 2023 By Kuya Well 5 Comments on Emergency Fund 101: How to Prepare for Life’s Unforeseen Events
Emergency Fund 101: How to Prepare for Life’s Unforeseen Events
Investment and Finance, Posts

An emergency fund is a substantial amount of liquid assets/funds that you can use in case of unprecedented events like the following: If I have savings/investments, do I still need one? Let me stress the term: emergency. So ang tanong, pag may emergency ba and need mo ng agarang pera, pwede mo ba makuha agad … Read More “Emergency Fund 101: How to Prepare for Life’s Unforeseen Events” »

Reasons why I’m not a Millionaire yet

Posted on January 30, 2023March 5, 2023 By Kuya Well No Comments on Reasons why I’m not a Millionaire yet
Reasons why I’m not a Millionaire yet
Posts

Before I give you a rundown of the reasons why I don’t have a million pesos in my name at the age of 39, let me give you a little bit of my work background. I graduated from college at the age of 20 and jumped into the workforce a few months after. So basically, … Read More “Reasons why I’m not a Millionaire yet” »

Personal Finance – the poor Pinoy investor version

Posted on January 28, 2023March 4, 2023 By Kuya Well No Comments on Personal Finance – the poor Pinoy investor version
Personal Finance – the poor Pinoy investor version
Posts

Yow! Kuya Well here and welcome to my personal finance blog. Why you are here I’m guessing: Purpose of this Blog Make personal finance easier to understand and relatable Three years ago, I’m in the same boat as some of you: no savings/emergency funds, I wanted to invest in the stock market but I don’t … Read More “Personal Finance – the poor Pinoy investor version” »

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