Financial Management

In my previous post, I discussed about benefits of investing money in time deposit over putting all of it in savings account. Time deposit is famous among Filipinos and among US citizens because I think it is one of the safest investments since it is insured by the government up to certain amount. Time deposit [...]

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// Union Bank of the Philippines is  a partnership among the Aboitiz Group, Insular Life and Social Security System of the Philippines.  It started operations in 1981 and became a commercial bank by January 19, 1982. In July 1992, UnionBank was granted the license to operate as a universal bank. In 2002 & 2003, the [...]

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Sending money to the Philippines is sometimes stressful especially for the first-time OFW. It’s hard to choose where to remit your money because you don’t know how or there’s limited options. Remittance to the Philippines became easier these days compared ten years ago. Many financial institutions like banks and remittance company offer wide range of [...]

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What is  a financial statement? In layman’s term, financial statement shows you where a company’s money came from, where it went and where it is now. Reading a financial statement can be hard to some people but once you learned the basics of financial statement, it will be easy just like reading an electricity, credit [...]

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How do you earn from stocks? One way to earn from stocks is through dividends paid to shareholders of the company. Another is through appreciation of the stock price of the company you bought. Dividends can be in the form of cash or stocks. Dividend will be automatically added to your portfolio through your stockbroker [...]

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Before going to abroad, an OFW or his/her relatives must open a bank account for remittance purposes. Sometimes it’s hard to decide where to open a bank  account since there are many banks you can deal with. Actually, there are really many banks in the Philippines but I listed some of the most trusted, customer-oriented [...]

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Mutual fund is one of the best investments available nowadays. When you invest in mutual funds, you will just wait to make your money grow and until the time you need the money you invested. Usually, people invest their money in mutual fund for several reasons such as for retirement, college expenses and for emergency [...]

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The Philippine Savings Bank commonly known as PSBank or PSB, is a savings bank based in the Philippines. It is a subsidiary of Metrobank and is the second-largest savings bank in the Philippines. PSBank is a member of BancNet, a Philippine-based interbank network connecting the ATM networks of more than forty local banks. It is [...]

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Land Bank of the Philippines is a government-owned bank which is one of the biggest banks in the Philippines and ranks among the top five commercial banks in the country in terms of deposits, assets, loans and capital. Land Bank is also an official depository bank of the Republic of the Philippines. Different from most [...]

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Today when I checked my Spam email in my Gmail account, my attention was caught by an e-mail saying that I won an international lottery. Thanks to Gmail for filtering unwanted e-mails just like this one. Actually, there are many instances I received this kind of scam email but I think this one is worth [...]

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