How Not to Worry About Money in the Future

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You probably dream about spending and not worrying about money. Then again, it’s not easy having day-to-day expenses and not having much money left over. Fortunately, you can worry less about money and spend as much as you want, although it might take a few years before you can achieve this. However, with the right amount of discipline, you can make this happen and achieve financial freedom. Minor changes in your spending habits now can help you reach your goals in the future. You don’t have to be earning lots to have a great future. You just need to know how to handle your expenses and learn to save. Start now and worry less in the future. Here’s how:   Have Multiple Sources of Income   Even if you have a full-time job, you can always try working for extra income. You can freelance as an analyst, consultant, or virtual assistant. You can even rent out your property or have a small business on the side. If you have valuable items you no longer use or want, … [Read more...]

Top Android Phones to Pawn and How Much They’re Worth

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Android phone owners, rejoice! You can now turn your mobile devices into quick cash by pawning them the next time you need extra funds for minor to major expenses. Yes, gone are the days when Android phones are not included in the top items to pawn, leaving you frustrated, disappointed, and worst of all, still out of cash as you step out of the pawn shop. PawnHero’s online pawnshop lets you borrow some badly needed cash in exchange for your Android device. Its high-value appraisals should help tide you over until you’re able to recover from your financial slump. Without further ado, here’s a low-down on top Android phones that you can bring to PawnHero and how much they’re worth: 1. LG LG tried to challenge other well-known smartphone brands by releasing the LG G6 and LG V20 as its flagship devices for 2017 and 2016, respectively. The phones have a 5.7-inch screen, 4 GB of RAM, and dual cameras. LG G6, being the current flagship, uses the Snapdragon 821 processor compared … [Read more...]

5 Challenges Holding You Back from Achieving Financial Freedom

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Whether you’re single or married with kids, you have day-to-day expenses to think about. You pay for bills, your daily commute, food, gadgets, and so much more. But of course, you don’t want to worry about what’s left in your bank account every time you spend. Everyone wants financial freedom. When you’re financially free, you can purchase an item without it being on sale, retire earlier, focus on a career you love, take up a new hobby, and travel in different places. However, some challenges might get in the way of you achieving your financial freedom. But, there are ways to overcome them, such as learning to control your expenses, planning for your future at a young age, not accumulating huge amount of debts, and even considering online pawning when short during emergencies. Understand the challenges that hold you back from achieving financial freedom, so you can avoid and overcome them. Poor Money Management via GIPHY Budgeting your money can take a while to … [Read more...]

9 Best Designer Bags to Pawn and How Much They’re Worth

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Although It’s true that you can own too many bags, there are times when you just want to get rid of the ones that you barely use. It is either filling up your closet and you have nowhere to place it, or you probably bought it just because you feel like it. Good thing there’s PawnHero, an online pawnshop in the Philippines, where you can pawn your bags that you don’t need or use anymore at a very reasonable price. Here are some of the designer bags that you can pawn and how much they are worth.   1. Louis Vuitton Speedy 30 Dubbed as "The Perfect Bag for The City," Louis Vuitton's The Speedy is one of the brand's iconic bag design. It appeals to a lot of women due to its simple lines and chic Monogram canvas. Estimated loan value: P14,250   2. Louis Vuitton Neverfull MM Louis Vuitton's Neverfull is another iconic design of this brand. It also contains a removable zippered clutch which can be used on its own or as an additional pocket for the … [Read more...]

6 Best Watches to Pawn and How Much They’re Worth

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It’s true that you’ll almost feel naked and bare when you forget to wear your watch. It’s such a day-to-day fashion staple that you put so much value to it. You can personalize it depending on the overall look, watch & strap size, color, and design. However, you can get more value to it when you decide to pawn it. Below are some of the best watches that have the greatest pawn value: Michael Kors   Image source: Michael Kors)   With an estimated loan value of P3,750, a Michael Kors watch is sparkly and glitzy on your arm and at the pawnshop too. This watch brand is known for designing watches with jewels. In other words, they’re taking watches to a whole new level of accessory. Whether you have it in gold, silver, or the trendy color of rose gold, it’s all good to be pawned.   Tag Heuer Formula 1   (Image source: Tag Heuer)   If ever you decide to pawn a Tag Heuer Formula 1, expect to get its pawn value at P19,350. The … [Read more...]

20 Personal Finance Blogs in the Philippines to Read Now!

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Everyone dreams of becoming rich—rich enough to be able to pay for bills, acquire property, send a family member to school, get proper medical care when health fails, or travel at least once a year. This is the great Filipino dream. Luckily, Filipinos today have more access to online blogs that can be their source of information and inspiration to be financially literate. These blogs offer valuable tips about money, investment, and related financial topics that Filipinos can apply in their everyday life and help them prepare for their future. Here are some personal finance blogs where you can pick up a lesson or two on how to free yourself from money woes: 1. BoSanchez.ph Bo Sanchez is a published author of best-selling books such as “My Maid Invests in the Stock Market…And Why You Should, Too!” and “8 Secrets of the Truly Rich.” He’s also a micro-entrepreneur on a mission to convert (no pun intended) ordinary Filipinos to become financially literate. As a fan of the … [Read more...]

5 Warning Signs You Really Need a Loan

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Whether you’re the head of your family making ends meet, an entrepreneur starting a new business, or a young professional who wants to level up their lifestyle, a personal loan can help you if you run out of cash or don’t have enough savings. If you do your research, you can find that there are many choices for borrowing money. You can choose to loan from family, apply for salary loans, personal loans, and you can check out online pawnshops, among others. Here are five warning signs that you need to consider getting a loan now. 1. Emergency Hospital Bills or Medical Expenses via GIPHY No matter how careful or health-conscious you are, you can never be fully prepared for medical emergencies. You or your loved one may suddenly need to be hospitalized due to a critical illness any time, and we all know how high hospital bills can get, especially in the Philippines. Unfortunately, the majority of patients in the Philippines have to pay for their own bills, unlike other … [Read more...]

4 Signs You’re Ready to Invest in the Stock Market

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When it comes to investment, the Philippine stock market has its share of good news and bad news. Statistics show that over the last few years, there has been an increase in the number of Filipinos who are into stock trading or investing—with current numbers pegged at 640,000. Still, this number represents no more than 1 percent of the country’s more than 100 million population. So, is it worth investing in the stock market then? For starters, this practice helps people form positive spending habits and gives them the opportunity to grow their money over time. More so, if money is invested in various investment products, as it serves as a cushion from when a particular stock loses value. Investing in stocks is also a way of preparing for one’s retirement way before that eventful day comes. To help you decide if it’s time for you to enter the stock market, here are some signs to watch out for: You are financially sound. You’re making enough money to cover your expenses … [Read more...]

A Guide to Types of Insurance You’ll Need in the Future

Insurance, savings, and investment – these are terms that are slowly disappearing from the Filipinos’ financial vocabulary. According to the 2014 Consumer Finance Survey conducted by the BSP, only one in four Filipinos has a retirement or an insurance plan. Additionally, the study revealed that only 4 out of 10 Filipinos have savings, with only 32% of the surveyed population depositing their savings in banks. The figures above are alarming, but not entirely unexpected. In today’s consumer-driven society, planning your finances is becoming increasingly challenging. But with discipline and strategic planning, it’s not impossible. Achieving financial security is all about knowing where to put your hard-earned money. This means cutting down on unnecessary costs and investing every extra cent you will save. When getting a loan, for instance, choose an online pawnshop offering the least interest. The money that you will save from the additional cost could then be rechanneled to … [Read more...]

The Perks of Being Financially Independent

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Everyone seeks financial independence to break free from their money woes. This includes the daily struggles of worrying about how to pay the bills and utilities, groceries, and other necessities. You may have experienced having to loan from relatives or banks just to get through a difficult time or have resorted to selling some valuables to a pawnshop for financial emergencies. Striving for financial independence is important so that you don’t have to worry about your day-to-day expenses in the future. Not only will financial independence give you economic freedom, but will also enable you to explore other possibilities in your life. Indeed, there are a wide variety of perks that come with being financially independent. 1. You have extra spending money. Whether you still have a desk job that’s supplemented with extra cash flow from other investments, having the extra cash for shopping, vacations, and other activities is a great perk. You don’t have to find excuses to … [Read more...]