How to Secure Your Future with a College Scholarship

COLLEGE-SCHOLARSHIP_BLOG_BANNER

Whether you’re a Grade 12 student looking for ways to secure a college education or a college freshman who just realized that you want to help your parents, there’s a scholarship program that you can apply to. Applying to college scholarship programs is not as easy as one may think for the primary reason that scholarships are bestowed to exemplary students and talented individuals. The goal of these programs is to make sure that financial aid is awarded to the most deserving students. Students and their families need to know what to do to find the best program, and how they can apply for it. We’ve created a guide to help you through the process of getting a college scholarship. 1. Look for the scholarship program that best fits your needs and situation. So, you’ve decided to actually go for it. Now, it’s time to look for the scholarship program that can best fit your situation. If you’re an exemplary student with consistently high grades, you can look for academic … [Read more...]

A Parent’s Guide to Saving Up for Children’s Education

In the words of Nelson Mandela, education is indeed the most powerful weapon that one can use to change the world. Needless to say, education is the primary key to success that relatively plays a vital role in shaping one’s future. The knowledge that one can attain from education serves as the backbone of many practical and theoretical decision-making processes that one may encounter, and at the same time, it opens doors to many opportunities as one goes through life. Since all parents want nothing but the best for their child/children, providing them a quality education is the key to making them enjoy all the fine things in life and mold them to be successful as they grow. However, the cost of education here in the Philippines is changing over time. Then again, nothing can ever replace the cost of missing out on education and its implications on one’s life. Planning and saving up for your child’s future education even in their young years will help take the pressure off you … [Read more...]

5 Best Ways to Help You Pay Your Tuition Fees

As tuition fees hike every year, it is increasingly difficult for some students and families to pay for their education. On May 29, 2017, the Commission on Higher Education (CHED) approved the tuition fee increase of 268 private colleges and universities for school year 2017-2018. The average increase in fees is slated at 6.9% or ₱86.68 per unit. Whether you’re a new couple preparing for your baby’s future, a parent struggling to pay for your child’s education, or a working student trying to make ends meet, you have multiple options available for you. You can save money, adjust your budget, apply for a scholarship, get a bank loan, or go to an online pawnshop to get funding. We’ve gathered the best tips to help you pay for your or your child’s tuition fees. Read on to learn more. 1. Save early. This is the golden rule for anything that has to do with a big purchase or investment. Determine how much you need every year, plan ahead, and structure your finances early on so that by … [Read more...]

8 Realistic Financial Goals and Ways to Achieve Them

REALISTIC-FINANCIAL-GOAL_BLOG_BANNER

With so many things to do, places to see, and bills to pay, your wallet and savings will be put to the test. Before accomplishing your life bucket list, you have to make sure your financial savings are all set not only to accommodate your wants but also prepare for the rainy days. But first things first, you must plot out specific financial goals and match it with your financial capabilities. In a previous World Bank study entitled “Enhancing Financial Capability and Inclusion in the Philippines,” Filipino respondents received a rating of 45% in financial literacy quiz, which means that Filipinos’ financial management and habits are still average. No matter what age set you’re in or how your lifestyle goes, the need to save money and be financially aware is a must do. While saving money is a tough deal when you’re living paycheck to paycheck, you can counter it by saving little by little.     1. Have no debts – If there’s one thing you’d feel good for … [Read more...]

Identify and Avoid Loan Scams: Here’s How

LOAN-SCAMS_BLOG_BANNER

Loan scams are rampant everywhere. These may involve payment of fees for a loan that “lenders” promise to grant, but result in fraud or taking something from you either in the form of cash or personal information in the end. But no matter how much you warn people about loan scams, a significant number of people still fall prey to this fraudulent act. And the reason is quite simple: people dealing with money problems can easily get swayed by all kinds of deals. Further, since many loan scams transpire online nowadays, Malaysians are dubbed to be the most vulnerable to being victimized. A survey made found that almost 50 percent of the respondents have had a history of getting tricked by fraudulent practices on the internet. In the Philippines, economic and cyber crimes are prevalent, too—with reports saying that the country ranked seventh as the most attacked country on the mobile platform. Despite the bleak scenario, there are signs that give away that you may be dealing with … [Read more...]

A Millennial Guide to Getting Personal Loan

Millennial-P-Loan_BLOG_BANNER (1)

  #Adulting has been a buzzword among the millennials, and is often used in a witty way to mean taking charge of your own life, doing grown-up things, and holding responsibilities. From having a job, paying bills, ensuring that your car is in good, working condition, undergoing certain medical procedures, planning some home improvement activities, achieving financial independence, and so forth. But if you would be honest, #adulting is so much more than a millennial jargon. It’s an inescapable reality just like having expanding waistlines and thinning hair, and admittedly, it’s no less scary than the latter two. Unfortunately, there’s no denying that only a few grew up truly prepared to #adult, particularly when it comes to handling finances. As a Filipino millennial yourself, you know very well that you still have a lot to learn when it comes to your financial health and spending habits. More so, that it takes time to truly take control over this large part of your … [Read more...]

Pawnina Tips: How To Save Yourself from Credit Card Debt

PAWNINA-T_SAVE-CC-DEBT_BLOG_BANNER

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...]

Fast Cash: How to Get Away With Money Problems

FAST-CASH_BLOG_BANNER

You got 99 problems and money is one! While your diploma may have landed you a job, sometimes, it is not enough (let’s be honest). Getting into a financial emergency is the unlikely event that you want to avoid, if that happens, and you do not want to save your face from the embarrassment of IOUs, then we’re giving you different ways of getting fash cash for emergency situations. Check them out below: 1. Take those odd jobs. Look beyond your 9 to 5 job, because you still have 16 hours of your life in a day to spend - minus 8 hours of sleep, so you have remaining hours to make it as productive. If you have other skills you can use to earn, then take the sideline offers. There are unconventional jobs that pay good. You can babysit for your aunts and uncles, host events, be a freelance graphics artist or writer, cook or bake, whatever skill can be lucrative on the side, as long as it’s a source of income, then go for it. After all, they say, a typical millionaire has around 7 sources … [Read more...]

10 Money Advice from Billionaires You Can’t Ignore

BLOGEXP-MILLIONAIRE-ADVICE_BLOG_BANNER

Not all billionaires start on the crib with a silver spoon. Truth be told, most of them keep a “rags to riches” kind of story. The only thing different about you and them right now is your different net worth values, but you can definitely change that! If you’re working your way to be a somebody, struggling and juggling living through payday after payday, then maybe you need a little mentorship from the world’s billionaires. Here are just ten inspiring money advice you can learn from them below: 1. Money is not the sole thing to determine your net worth. "The reason I've been able to be so financially successful is my focus has never, ever for one minute been money." —Oprah Winfrey One of the most celebrated media mogul in the world is around 3 billion dollars in net worth! Oprah Winfrey is one among those with an inspiring tale of success. As the Queen of Media shared, you don’t have to equate your net worth to become financially successful. Believe it or not, some of the … [Read more...]

A Young Millennial’s Guide On Starting A Business

MILENNIAL-BIZ_BLOG_BANNER

Millennials (defined as today’s 18 to 34 year olds) are a different breed of generation. They are more confident, really task-focused, and downright articulate. The millennials are the kind of people who will resign if they don’t feel fulfilled in their job and even if there’s no job lined up for them. They are after self-fulfillment, as having such means a strong and solid security. Plus, millennials have the ambition to eventually set up their own business to be their own boss. Now, if you have the millennial-driven attitude to take risk and jump into the uncertain entrepreneurial road, then here’s a guide for all of you aspiring young business-minded yuppie on starting your business venture. 1) First, listen to problems and think of creative solutions. The market is really competitive, so, what’s something you can offer in a pure competitive market? What makes your business idea stand out? Now, that gets you thinking, here’s the trick: listen closely to all the rants, problems … [Read more...]