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Topic: spending

Must we pay fees just to make a payment?

Must we pay fees just to make a payment?

Aneth Ng-Lim
Posted at May 29 03:32 PM

I hate paying fees. I especially hate paying fees just so I can make a payment. That’s twice the pain, when one should be enough. Read more »

'Flexi-shopping, eatertainment' trends seen as inflation rises

'Flexi-shopping, eatertainment' trends seen as inflation rises

Jessica Fenol, ABS-CBN News
Posted at May 10 12:50 PM

Filipino consumers have become more flexible shoppers as economic challenges such as inflation affect their spending capacity, according to a report by Tetra Pak. Read more »

Strong consumer spending likely to continue as inflation eases

Strong consumer spending likely to continue as inflation eases

ABS-CBN News
Posted at May 10 11:18 AM

'Strong spending' is still observed from Filipino consumers despite high inflation, Mastercard Country Manager Simon Calasanz said. Read more »

Revenge spending seen fading, new rate hike likely: S&P

Revenge spending seen fading, new rate hike likely: S&P

Jekki Pascual, ABS-CBN News
Updated as of May 09 08:28 PM

The Philippines should not rely solely on revenge spending to drive the economy this year amid high inflation and interest rates, according to S&P Global. Read more »

How to make sure your ‘Revenge Travel’ does not become ‘Regret travel’

How to make sure your ‘Revenge Travel’ does not become ‘Regret travel’

Aneth Ng-Lim
Posted at May 08 04:48 PM

With the WHO declaration, we can expect more countries to relax their Covid-19 travel restrictions, that is if they still have any. Read more »

Budget deficit rises to P210 billion in March

Budget deficit rises to P210 billion in March

ABS-CBN News
Posted at May 02 05:00 PM

The Philippines’ budget deficit climbed to P210.3 billion in March, which was 12 percent higher compared to the same month last year, the Bureau of Treasury said on Tuesday. Read more »

Diokno says infrastructure spending 'front and center' of PH growth strategy

Diokno says infrastructure spending 'front and center' of PH growth strategy

ABS-CBN News
Posted at Apr 13 10:11 AM

Finance Secretary Benjamin Dioko said the Philippines is committed to reverse the 'underinvestment' in infrastructure as part of its growth strategy. Read more »

Gov't eyes private sector help to improve NAIA, other gateways

Gov't eyes private sector help to improve NAIA, other gateways

ABS-CBN News
Posted at Apr 13 09:51 AM

The government is eyeing the help of the private sector for the improvement and management of the Ninoy Aquino International Airport. Read more »

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

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 »

Revenge travel: PH hotels, resorts full during Holy Week

Revenge travel: PH hotels, resorts full during Holy Week

Davinci Maru, ABS-CBN News
Updated as of Apr 10 02:00 PM

Filipinos splurged on "revenge travel" during the Holy Week as hotels and resorts were bursting at the seams for the long holiday weekend. Read more »

PH posts $895 million balance of payments deficit in February

PH posts $895 million balance of payments deficit in February

ABS-CBN News
Posted at Mar 21 09:10 AM

The Philippines' overall balance of payments (BPO) posted a deficit of $895 million in February 2023, the Bangko Sentral ng Pilipinas said on Tuesday. Read more »

Financial tips for couples

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 »

More Filipinos prioritizing insurance despite 'tug of war' in spending

More Filipinos prioritizing insurance despite 'tug of war' in spending

ABS-CBN News
Posted at Feb 27 12:26 PM

There are Filipinos who still prioritize investing in insurance products despite inflation and other headwinds biting into their spending budget. Read more »

Filipinos likely to rebuild savings as revenge spending wanes: economist

Filipinos likely to rebuild savings as revenge spending wanes: economist

Michelle Ong and Jessica Fenol, ABS-CBN News
Updated as of Feb 23 10:57 AM

More Filipinos are expected to build up their savings this year as the revenge spending effect from the pandemic wanes, an economist said. Read more »

Anti-Valentine News: Misery rising for consumers

Anti-Valentine News: Misery rising for consumers

Aneth Ng-Lim
Posted at Feb 13 03:28 PM

The formula is actually quite simple: you take the consumer price index inflation and add unemployment rates. Read more »

Slowdown in spending, growth seen due to elevated inflation: analyst

Slowdown in spending, growth seen due to elevated inflation: analyst

ABS-CBN News
Posted at Feb 08 11:07 AM

The elevated inflation in the Philippines is expected to cause a more pronounced deceleration in terms of growth and household spending, Fitch Solutions Food and Drink Analyst Damien Yeo said on Wednesday. Read more »

Your monthly credit card interest rate is up by 50 pct

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 »

Try the 50-30-20 budget rule with your first paycheck for 2023

Try the 50-30-20 budget rule with your first paycheck for 2023

ABS-CBN News
Posted at Jan 16 03:58 PM

Financial experts recommend a 50-30-20 rule when it comes to a sustainable spending and saving plan. Read more »

Russia runs budget deficit as defense spending rises

Russia runs budget deficit as defense spending rises

Agence France-Presse
Posted at Jan 11 02:25 AM

Russia ran a budget surplus in 2021. Read more »

Tracking your money is important: Nasaan ang resibo?

Tracking your money is important: Nasaan ang resibo?

Aneth Ng-Lim
Posted at Jan 09 02:32 PM

While keeping receipts and tracking your expenses can be such a chore, more and more consumers are discovering they need to do this, especially in light of rising fraud cases. Read more »

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