personal | ABS-CBN News

Bangko Sentral, TESDA, BDO Foundation to develop free financial literacy course

ABS-CBN News
Posted at Jun 01 10:47 AM

The BSP said it signed an agreement with the TESDA and BDO Foundation for the development of free online courses on personal finance. Read more »

'Open economy' needs tighter cybersecurity: fintech experts

Lady Vicencio, ABS-CBN News
Posted at May 24 06:02 PM

Fintech experts said the Philippines is headed toward an open economy, wherein data will be shared among financial institutions, government and businesses. Read more »

Why 'sangla-ATM' is bad news

ABS-CBN News
Posted at May 22 06:49 PM

The Bangko Sentral ng Pilipinas (BSP) recently warned the public against “sangla-ATM” schemes. Read more »

How to grow your money with Pag-IBIG MP2 Savings

Aneth Ng-Lim
Posted at May 15 07:29 PM

While waiting for my turn in PAGIBIG, I spotted a flyer about MP2 Savings, and back then they just announced paying a dividend rate of 8.11 percent! Read more »

Cash remittances up 3 percent at $2.67 billion in March

ABS-CBN News
Posted at May 15 11:28 AM

Money sent from the US, Singapore, Saudi Arabia, and the United Arab Emirates were the main drivers of the growth in cash remittances in the first quarter. Read more »

Pedal UP: The Philippine Bike Demo Day goes to UP

Art Fuentes, ABS-CBN News
Posted at Apr 23 08:16 AM

But in this year’s demo festival, there is a noticeable shift in the kind of stuff on display. Read more »

Can you afford long weekends? These rest days are likely hurting your savings

Aneth Ng-Lim
Updated as of Apr 10 03:35 PM

With the long weekends already set, all travel-related companies are also ready with higher rates anticipating the bigger demand on these red-letter dates. Read more »

PC retailer Upson Corp lists on PH Stock Exchange

ABS-CBN News
Posted at Apr 04 09:14 AM

Upson International Corp said it listed on the Philippine Stock Exchange on April 3, following an initial public offering (IPO) that raised P1.65 billion. Read more »

Spurred by TikTok, some Americans return to cash to curb spending

Daxia Rojas, Agence France-Presse
Posted at Mar 20 02:03 PM

Manicured fingers meticulously place cash in transparent envelopes marked "food," "gas" and other categories, demonstrating in a TikTok video a retro technique for controlling what you spend that is newly popular with some money-conscious Americans. Read more »

Cash remittances hit $2.76 billion in January 2023: BSP

ABS-CBN News
Posted at Mar 15 11:36 AM

Cash remittances from overseas Filipinos coursed through banks rose 3.5 percent to $2.76 billion in January 2023, data from the Bangko Sentral ng Pilipinas released Wednesday showed. Read more »

On Intl Women's Day, Here’s Money Advice for Women from their 20s to 60s

Aneth Ng-Lim
Updated as of Mar 08 01:34 PM

To get you on the road to financial independence, and be prepared because it can be a long and hard road, here are some money advice to consider if you are in your 20s, 30s, 40s, 50s and 60s. Read more »

Financial tips for couples

Moneymax.ph
Posted at Feb 28 10:08 AM

Couples who get married or move in together naturally share their finances with each other. Pero aminin mo, you’ve probably had a few arguments about money already. Read more »

Subscriptions: they add up and can lead to money troubles

Aneth Ng-Lim
Posted at Feb 21 07:53 AM

Is there such a thing as too many subscriptions? If yes, just how many is enough and how many is too much? Read more »

Cash remittances hit $32.54 billion in 2022: BSP

ABS-CBN News
Updated as of Feb 15 03:38 PM

Cash remittances from overseas Filipinos coursed through banks reached $32.54 billion in 2022, higher by 3.6 percent from $31.42 billion in 2021, the BSP said. Read more »

BNPL player Atome says extending payments up to 12 mos

ABS-CBN News
Posted at Feb 07 06:54 PM

Buy now pay later (BNPL) firm Atome said Tuesday it is planning to move beyond pay-in-3 deferred payments, and will soon launch multi-tenure plans of 6 and 12 months. Read more »

Bucket list ideas for 2023

Moneymax.ph
Updated as of Feb 06 01:56 PM

Make the most of your years with these bucket list ideas. Mas mae-enganyo ka to step out of your comfort zone. Your future self will thank you for it! Read more »

Your health insurance can come to your rescue

Aneth Ng-Lim
Posted at Jan 31 03:32 PM

When we were sent home, what a relief to be informed that between my health insurance and my active Philhealth coverage, we won’t have to pay for a single thing. Read more »

SWS: 49 pct of Filipinos believe their life will improve in 12 months

ABS-CBN News
Posted at Jan 30 08:23 PM

Nearly half of adult Filipinos believe that their quality of life will improve in the next 12 months, a recent poll from the Social Weather Stations showed (SWS). Read more »

Your monthly credit card interest rate is up by 50 pct

Aneth Ng-Lim
Posted at Jan 25 01:10 PM

We are not talking about 10 percent, or 20 percent but 50 percent more, with a jump from 2 percent monthly add-on rate to as much as 3 percent. Read more »

Study: PSE has been beating inflation, but PH fund managers have failed to match it

Warren De Guzman, ABS-CBN News
Posted at Jan 24 10:36 PM

A new study by Registered Financial Planner Efren Cruz of Personal Finance Advisers Philippines shows the Philippine Stock Exchange is beating inflation, but fund managers have failed to capitalize. Read more »