Managing your salary can feel overwhelming, especially when bills, savings goals, and unexpected expenses keep piling up. If you often wonder where your money went before the next payday, then the 50-30-20 rule might be the budgeting formula you need. … Continue reading
Tag Archives: personal finance
The Dream of Hitting ₱1,000,000
For most Filipinos, hitting that ₱1 million mark feels like the ultimate financial milestone. Whether it’s for building a house, starting a business, or simply securing your future—₱1M is no small feat. But here’s the truth: it’s possible, even if … Continue reading
E-Wallets in the Philippines Remove Online Gambling Links: What You Need to Know
The Philippines is taking a big step in protecting consumers from online gambling. Major e-wallets like GCash and Maya have removed in-app access to online gambling platforms following a directive from the Bangko Sentral ng Pilipinas (BSP). This move is … Continue reading
20% Tax on Interest Income Philippines (2025): What Savers Need to Know
Effective July 1, 2025, the Philippine government rolled out a flat 20% final withholding tax (FWT) on all interest income from bank deposits. Yes, kahit anong klase pa ’yan—regular savings, time deposits, or foreign currency accounts—basta may interest, may bawas … Continue reading
Savings vs Investment: Which Approach is Right for You?
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 … Continue reading
Why Filipinos Struggle with Saving and How to Overcome
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 … Continue reading
Practical Ways to Pay Off Your Ballooned Credit Card Debt
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 … Continue reading
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 … Continue reading
Money Matters: A Preview of the Topics I’ll Cover on My Personal Finance Blog
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. … Continue reading
Emergency Fund 101: How to Prepare for Life’s Unforeseen Events
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, … Continue reading