7 Life Hacks to Manage Your Finances Better During the Pandemic

7 Life Hacks to Manage Your Finances Better During the Pandemic

The COVID-19 pandemic has brought stress and fear upon people. Some are faced with job uncertainties and reduced income, while some have been completely laid off their jobs. Wise individuals have resorted to setting up an online business or taking part-time jobs to survive. Because of the pandemic, it has been extra challenging for many people to manage and budget their finances. With utility bills piling up and going back to “regular programming” far from sight, it makes all the more necessary to up your money management skills. There’s no concrete answer as to when this pandemic will end. It’s crucial to do everything you can now to anticipate financial setbacks and find a way around it. We’ve rounded up some simple yet practical life hacks to help you manage your finances during this trying time. Let’s dive into it! 1. Check for utility bills you can pay in installments. The unpredictable event of a crisis like a pandemic can put millions of people out of work either … [Read more...]

6 Creative Ways to Show That You Care During COVID-19

6 Creative Ways to Show That You Care During COVID-19

The past few months have been extremely tough for everyone. With the world battling the COVID-19 pandemic, it’s no secret that some people are having a hard time managing through the crisis. Apart from dealing with the health and economic ramifications of the virus, people around the world are also dealing with the psychological challenges it brought. Due to limited mobility and the lockdown rules imposed by the government, many are unable to be with their loved ones. Breadwinners in the metro or abroad cannot visit their relatives in their hometowns because public transportation needed to cease to mitigate the spread of the virus. Luckily enough, we live in a digital age, when we can bring those that are far away closer to us. Thanks to smartphones, laptops, and the advent of online communication platforms, you can stay in touch with anyone no matter where they are. Even though talking through a screen may not be as good as a face-to-face encounter, it can help you stay afloat … [Read more...]

Why You Should Also Sanitize Your Spending Habits During COVID-19

Why You Should Also Sanitize Your Spending Habits During COVID-19

  The ongoing COVID-19 pandemic has altered the “normal” habits of people and living conditions not only here in the Philippines but also worldwide. With lockdowns and community quarantine, limited mobility, layoffs, and shortage of supplies, the spending habits of Filipinos are perhaps one of the most affected by the recent changes. For one, only essential shops like groceries and drugstores are allowed to operate. The fear brought about by the pandemic influenced people to hoard or participate in panic buying. Companies have either introduced pay cuts or layoffs, which worries the Filipino workforce. Budgeting for expenses has become trickier than ever. Hands aren’t the only things we should sanitize With the sudden pause in our normal activities, this period may be the right time for some Filipinos to look into a financial detox. Spending money has become almost second nature to people—bills, food, housing, and commute—it never ends. But, with the enhanced community … [Read more...]

10 Ways to Spice Up Your Routine During Self-Quarantine

10 Ways to Spice Up Your Routine During Self-Quarantine

  There’s no denying that public health crises, such as the COVID-19 pandemic, have caused big changes to the people’s lifestyles. To minimize the risk of infection, everyone is highly encouraged to practice social distancing and to spend the majority of their waking hours inside their homes. However, even though many are staying in the comfort of their humble abodes, it’s no secret that spending countless days cooped up at home also comes with its own set of challenges. During this period, it’s incredibly easy to just go with the flow and embrace disorder. While a pandemic is a circumstance that is not under your control, you still have the power to make the quarantine period more pleasant and productive. The guide below will discuss several things you can do to spice up your routine during self-quarantine. 10 Ways to Spice Up Your Self-Quarantine Routine 1. Give structure to your day Being under lockdown doesn’t mean that you should stop following a routine. Even … [Read more...]

Credit Card Alternatives for Millennials With Zero Credit

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Possessing a credit card provides many advantages, such as the opportunity to pay for emergencies like an unexpected hospital bill or replacing a broken appliance. In 2017, Google Trends revealed that Filipino millennials searched for finance-related keywords (search growth of 24%), covering loans and credit cards. Come 2019, credit card usage remains low in the country partly due to the strict requirements. If you’re not good at financial planning, it would be impossible to build a credit history to be approved for a credit card. In the same vein that you need to have money to make money, people need credit to build and improve their credit score. Thanks to technological advancements and modernization in the digital age, the financial landscape has continued to evolve and become more inclusive. Today, there are many alternatives for people to build their credit and take advantage of services that echo the benefits of a credit card. Millennials and Credit Cards in … [Read more...]

Pawnshops Then and Now: How the Digital Transformation Changed Pawnshops

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A couple of decades ago, it was probably a novel idea for most people to think that they could do so many tasks digitally. Things, like shopping online, paying bills, and even learning a new course, are now part of the online space, and it’s helped tremendously in the way people live their lives. Thanks in part to the continuous innovation of the tech industry, the digitization of our everyday tasks has spread to other sectors, like pawning. Traditionally, pawning was done face-to-face. You had to present your collateral to the shop and surrender it physically for inspection before any agreements could take place. Now, online pawning allows you to list your item on pawnshops so you can get offers more quickly and lessen the hassle of having to make trips to physical stores frequently. To better understand the state of the pawnshop industry, it’s worth learning about the history of pawnbroking and how it came to be. Check out the infographic below for an informative … [Read more...]

Online Pawnshops: Everything You Need to Know

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When you’re tight on cash and in need of funds, there are a couple of ways that you can acquire a loan: You can seek help from the usual sources like the bank or the government, which normally takes several days to process a request. You can also ask a friend who may have extra funds to spare and might be willing to lend you some money. However, if you’re not too keen on either of those choices, there’s always the easiest and most immediate alternative to getting the funds you need: the pawnshop. Here you’ll be able to get a loan instantly so long as you provide an item you can leave as collateral. It’s simple, easy, and convenient. In recent years, technology has made it possible for traditional forms of fund transactions to become a faster, more accessible process through the internet. Pawnbroking, for instance, is no stranger to this development as a considerable number of online pawnshops have emerged. In this article, you’ll learn about how online pawnshops work, … [Read more...]

Pawnina Tips: How To Save Yourself from Credit Card Debt

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Hi guys, Pawnina here! There are at least 7 million actual credit card holders in the Philippines as of 2015, according to data from the Credit Card Association of the Philippines and statistics from the Bangko Sentral ng Pilipinas reveal that credit card debt in the country reached P157.34 billion in 2014. A really alarming figure considering that Filipinos are averse to credit cards. These wallet-sized shiny plastics hold great purchasing power, and with great power comes great responsibility. While credit card can be a good source for immediate cash, it is still money you owed from the bank. Being irresponsible with managing your credit card debts can mean dire consequences. For those indebted by the cards, take the time to read smart tips from moi to liberate yourself from credit card debt! 1. Resolve one debt at a time. Carrying more than one credit card debt can be so heavy in your near-empty wallets. What you have to do is to resolve one debt at a time. It is advised to pay … [Read more...]

Pawnina Tips: Follow Your Heart And Start Earning Money Doing What You Love

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Hey guys, Pawnina here! It’s the love month! Speaking of such, this is the time to celebrate your love for someone, or for something. Now, after you leave your 9-5 jobs, take a stroll and start to reflect on things. How have you been faring on with your life lately? Are you fulfilling your purpose? Do you feel like doing your calling? Or simply put, are you happy right now? If you feel like it’s the total opposite of joy, here’s the good news, it’s entirely possible to follow your heart and pursue what you love doing most! And no doctor’s prescription can help you decide to follow your heart other than yourself. So, here’s what you can do to figure out how to start earning money from doing what you love: 1) Try not to quit your job before you start pursuing what you love doing. Others tend to be bold enough to quit their jobs with no plan at all. But sometimes, as Forrest Gump would have said it, “Life is like a box of chocolates, you’ll never know what you get.”   While … [Read more...]

Pawnina Shares: 8 Bad Business Habits Every Young Entrepreneurs Should Avoid

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Hey guys, Pawnina here! We’re ending the first month of January with so much to look forward to, maybe, even starting your own business this year or getting an investment as well just might do! Speaking of business, if you’re considering packing up your 9-5 jobs for an entrepreneurial lifestyle as a start this 2017, then great for you! But before you make such a bold move, heed this list of bad business habits first. As a soon-to-be young entrepreneur, you ought to know what to avoid and what to work on to make the capital a worthwhile investment. 1) “Analysis Paralysis” With an eager motivation to start the business, it is most likely you will encounter Analysis Paralysis. This is a state of over analyzing or over thinking. Because of this, a situation or decision sometimes. When you overthink of an idea and it takes time to start it, others may be ahead of you. You don’t want that. To keep from over thinking, start writing down to clear your mind and plan where to start … [Read more...]