SSS Retirement Benefit is not Enough as Retirement Fund

sss-retirement-benefitSSS retirement benefit or pension as they normally call it is one of the few benefits employees are entitled to receive when they retire. So before you empty your savings going all YOLO (You 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 time you’ll retire. Are you ready to know how small much it will be? [continue reading…]


New SSS Contribution Table 2019: Bigger and Better Benefits

SSS Contribution Schedule 2019The Government recently approved a law called the Social Security Act of 2018 or otherwise known as R.A. 11199. In pursuant to this, a new SSS contribution table will be used in April 2019. The law will effectively increase the contribution rate from 11% to 12% and will continue to increase by 1% every other year. The hike in contribution rate will continue until it reaches 15% by the year 2025. [continue reading…]


Why Breadwinners Should Get a Life Insurance?

sun life insurance for breadwinners in the philippinesDo you know what? I want you to be insured. That’s true and this is not because I’m affiliated with an insurance company. I’ll be honest, it opened the doors for me to deeply appreciate the value of life insurance. The sole reason is that I came from a household that the breadwinner, my father nor mother, is not insured. I personally experienced all the emotional pain and financial hardship from taking the role that I am not ready yet. And I believe that no one has to experience the same if only breadwinners like you can see its value. [continue reading…]


Basic Investment: Mutual Fund 101

sun life mutual fundI started saving money in a bank, just like you, because it’s a good place to keep it safe. But then I realized that there’s something wrong. Imagine for every hundred thousand that I have in my savings account it only earned Php 250. Oh, did I say that withholding tax will still be deducted from it? So I have decided to just complete my emergency fund and after that, I will invest the rest. If you are reading this then I guess we are on the same page. [continue reading…]


The Top 6 Reasons to Start Investing Your Money Today

Saving money is a good start in achieving your financial goals in life but investing can speed it up when done right. Imagine your financial goal like a destination you would want to go like Boracay for example. Yes, taking a boat, i.e. saving, can take you there but taking the plane, i.e. investing, will take you there faster. That’s basically what investing is, bringing you to your destination faster and efficiently. [continue reading…]


The Ultimate Guide in Opening a BPI Savings Account

How to open BPI Savings AccountBank of the Philippine Islands (BPI) is one of the biggest and trusted banks in the country. If you are looking for a stable bank to place your hard-earned money then you may consider opening an account with them. BPI also has over 800 branches in the country and close to 3,000 atm machines and cash deposit machines. Making BPI a wonderful chose for a bank because there’s always a branch near your place. [continue reading…]


5 Money Lessons To Teach Your Children Today

Learn the 5 money lessons your can teach your kidsTeaching kids about money may sound off to many but if you don’t some else might do it for you. Did I just hear a yes? Like sparring, you may be from a task, right. Nope because they might be taught differently in making, handling, and multiplying money. Remember, kids are like sponges and you don’t want them to learn inappropriately. [continue reading…]


BIR Certificate of Registration Renewal (Form 2303)

Did you know that you still need to renew your BIR Certificate of Registration (form 2303) every year? This is paid, yes, every year, on or before January 31. I know you must be familiar with the registration fee, right? It’s the Php 500 you paid using the form 0605 when you got your COR. It’s the same thing when you’re renewing it. [continue reading…]


Things to Know in Sun Fit and Well From Perks to Benefits

Sun Fit and Well is the most comprehensive health insurance in the Philippines until age 100. I know you are so familiar with it already so I will leave it like that. But if you’re still interested or maybe it’s your first encounter with Sun Fit and Well then I’ll be sharing a link below so please check that out. Because lately, I have been receiving a lot of inquiries about the plan. So I thought you might be interested to know what makes Sun Fit and Well so special. Like is it worth it from all the benefits you can get? How much would it cost, perks of having the plan and so on? So now here it is.
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Good Buy or Goodbye: Break-Free by Don Soriano

I came to see the book called Break Free by Don Soriano while roaming around a bookstore. The design was too simple for my taste but it was also too intriguing so even I’m not a fan of reading books, I still considered getting a copy. Anyway, who wouldn’t want to be an employer from just being an employee in 3 years time or even less which is the idea the book is introducing to us. Good thing I told my manager, Raymund Camat (MoneyTalkPh), about it not knowing he has a copy until he lent it to me. Yippee! So here I am now making a review of “Break Free” and I’ll tell you  later if it’s a good buy or goodbye. [continue reading…]