I guess you want to invest in mutual funds too? I understand that because it could potentially give you better earnings compared to banks. Oh yes, you can open an account with Sun Life for as low as Php 100, giving you more reasons to start it now! Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a […]
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According to the latest press release by the Philippine Statistics Authority (PSA), the current health expenditure (CHE) in 2022 had reached Php1.12 trillion. In healthcare terms, current health expenditure (CHE) is the total sum of money that a country spends to keep everyone healthy. It includes contributions from the government (PhilHealth), insurance companies (health insurance and HMOs), and what individuals […]
Read moreIn 2021, the Current Health Expenditure (CHE) in the Philippines rose to PHP 1.09 trillion, 18.5% higher than in 2020, based on the Philippine Statistics Authority (PSA). The CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) for health care. Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified […]
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Investing in the Philippine stock market can be an exciting way to grow your wealth. But it can also be confusing and overwhelming for beginners. With so many options and variables to consider, it’s essential to educate yourself before making any investments. In this article, we’ll teach you how to invest in stocks, so you can start building your portfolio […]
Read moreThe Philippine economy has been expanding steadily for several years. However, some signs indicate that inflationary pressures may be building up in the economy. Inflation affects everyone, from consumers to businesses and investors alike, because it makes borrowing more expensive. Thus, inflation can slow down growth if not addressed properly. It means keeping prices stable over time without causing too […]
Read moreSSS retirement benefit or pension as we normally call it is one of the few benefits employees are entitled to receive when they retire. So before you empty your savings by joining the YOLO, you will only live once, and FOMO, fear of missing out, craze you may want to consider how much you’ll be getting from SSS by the […]
Read moreUnit Investment Trust Fund (UITF) is a pool of investments from various investors like you. It will let you invest with little capital. It’s a good investment vehicle for those starting to invest but with a busy lifestyle. UITFs are offered mainly by banks. On the other hand, insurance companies offer mutual funds. They are almost the same but with […]
Read moreLast January 20, 2018, Chinkee Tan had released a new book called “My Ipon Diary” which is a follow-up to his successful book “Diary of a Pulubi“. If you’re not yet familiar with the author, he is known for his direct attacks on financial topics with a hint of humor. He makes each topic easy to follow especially for beginners […]
Read moreBeing new in the workforce and managing salary is quite a daunting task. It can be very difficult to strike a balance between what you want and need. Adding all the sales in malls or from your favorite stores can really mess up your cash flow that’s why you need to do budgeting. I’ll be sharing a budgeting idea that […]
Read moreUpdated: May 19, 2021 In 2019, the Current Health Expenditure (CHE) in the Philippines rose to Php792.6 billion based to the Philippine Statistics Authority (PSA). CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) shouldered by Filipinos for health care. And 47.9% of which is from the individual pockets of Filipinos. As a […]
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