Archive for the ‘Money and Finance’ Category

Beware of Lucky Winner Scams

Wednesday, September 30th, 2009

Scams have victimized many people and in this desperate times when many Filipinos lost their properties, including cars, to the heavy flood caused by Typhoon Ondoy, these scams may yet claim more victims. While it’s apparent that so many are willing to lend a helping hand to the victims, it’s also a fact that many are willing to capitalize on their sad plight. Ganyan lang talaga ang buhay. (more…)

Business as Usual in 2009 for Filipinos

Saturday, January 31st, 2009

We all know that there’s a financial crisis affecting the world, the Philippines not excluded. It arguably started in the United States, which is now in a recession. We can’t say, not yet anyway, that there’s a global recession, but we can say that there’s a global financial problem. (more…)

Recession and Suicide

Wednesday, January 28th, 2009

This news is shocking and sad — just today, a man killed his wife, their five young children, then shot himself, after the couple have been fired from their jobs.  The couple apparently agreed that it’s the best way out of the financial mess. (more…)

Control Credit Card Spending

Friday, January 16th, 2009

There are pros and cons in everything. Let’s take credit cards, for instance. Credit cards are wonderful tools that allow you transact without carrying wads of cash. However, it’s also very easy to get carried away and swipe without considering available funds to cover the purchase. while a credit card  is a wonderful tool, it could also lead to financial woes. This is particularly important in this time of financial difficulty. (more…)

Family Home for the Newly-Wed: Buy or Rent

Thursday, January 15th, 2009

After the excitement (or dread, depending on the case) of the wedding has worn off, or maybe even before the wedding for some, the couple face a number of important issues that they have to decide on. One of these issues relates to the family home. (more…)

Feeling Worse and Christmas Spending

Friday, November 28th, 2008

If you feel that you’re worse off this year, don’t be hard on yourself — you’re not alone. More Filipinos feel that they are worse off now than last year, and, worse (pun intended), a higher percentage thinks most Filipinos are “losers” now compared to a year ago. This is part of the study result of Pulse Asia’s October 2008 Nationwide Survey on Quality of Life (QOL), Comparative State of the National Economy, and American Financial Crisis. (more…)

Will you try your Luck in Gambling?

Thursday, November 13th, 2008

Just recently, a huge pay-out came the way of a 22-year-old college dropout from Denmark, Peter Eastgate. He vanquished opponents in the World Series of Poker, winning US$9.15 million. The second-placer, Ivan Demidov, got US5.8 million. Not too bad, huh? (more…)

Richest Filipinos in 2008

Friday, October 17th, 2008

Money can’t buy you happiness, although many won’t definitely agree with that. So what do you say if instead of struggling to reach a hundred thousand in savings for the year, you’re on the list of the richest Filipinos? But hey, who knows you’ll be in that list years from now. (more…)

Your Money in the Bank in a Financial Crunch

Wednesday, October 15th, 2008

Just recently, the international financial landscape suffered (and still is suffering) from a severe problem. Even giant US financial institutions like Fannie Mae and Freddie Mac had to be bailed out; Lehman Brothers filed for bankruptcy and AIG is fighting to survive. (more…)

Long and expensive Christmas, good for Pinoy Entrepreneurs

Wednesday, September 3rd, 2008

We Filipinos celebrate the longest Christmas season in the whole world. Christmas is ushered in — no, not by the rumors if there’s any or how much is the Christmas bonus — but by the Misa de Gallo or Simbang Gabi, which is from December 16 to 24, with the 25th being the Misa de Aguinaldo, the final Christmas mass. While the Christmas season official starts with the Simbang Gabi, preparations for Christmas start as early as the first “ber” month — September. The celebration lasts until the feast of the Three Kings, which is on January 6 (incidentally, there are plenty of declared holidays in December). (more…)