Thinking of how you can grow your hard-earned money? If neither stocks, real estate investment, nor Bitcoin is your cup of tea, you may want to explore fixed deposits (also known as time deposits). A fixed deposit is one of the simplest ways to invest at low risk. However, your earnings will depend on your…

So you’re ready to apply for a credit card. You already have the requirements, but now you’re wondering what type of credit card to get. There are three common types of credit cards in the market you can choose from: rewards, air miles, and cashback. Your choice depends on the features and benefits you want.…

Electronic wallets are a must in this new normal. They allow us to manage our bills payments, money transfers, and other cashless transactions on the go. Thankfully, GCash, PayMaya, and Coins.PH help us settle payments without queues and branch visits. Alternatively, there’s an app called CLiQQ that you may want to explore. It’s useful if…

Planning to apply for a new credit card? Not satisfied with your existing credit card? Whether you’re a first-time cardholder or would like to switch, you need to compare credit cards first before signing up. Moneysmart folks keep an eagle eye on credit cards with the lowest interest rates and fees. With that said, here’s…

If you find it hard to budget your money or worse, you’ve recently been retrenched, it’s time to step back and assess your finances. Fortunately, it’s never too late to learn financial management skills, especially during this crisis. One of the things you can do to efficiently manage your expenses is to keep a record.…

Bitcoin, Ethereum, Ripple are some of the popular cryptocurrencies that are making rounds on the internet. If you know a little about them, you should also know that a digital wallet is a must-have to store these digital assets. If you’re looking for other digital wallet options, you may want to explore the Abra wallet.…

As Covid-19 cases continue to rise in the Philippines, most schools have adapted online teaching and learning to keep students safe and help control the spread of the virus. The online learning set-up is a combination of synchronous learning (learning at the same time with classmates and a teacher) and asynchronous learning (learning at any…

So you’ve decided to be an entrepreneur and put up your own online business. Congratulations for making this decision to create a new stream of income! Connections on Facebook and Instagram make it look so quick and easy. But there are still a lot you need to know and prepare for to have a successful…

The Department of Education recently announced that it’s pushing back the opening of classes this year to October, giving more time for teachers, parents, and students to prepare for the online learning set-up. It’s a big change that will require time, preparation, and yes, money. To facilitate online learning at home, you will need to…

When we hear the words ‘self-care’, we instantly think about lush beauty products, luxurious getaways, boutique exercise classes, and Instagram-worthy meals. They all sound wonderful for your stressed out mind, tired body, and weary soul. Especially if you have a lot of money to spare. Some of you may think self-care practices during this pandemic…

When it comes to talking about money matters with your significant other, it can get a little tricky. But there’s a way to have real talk about money without feeling stressed, embarrassed, or emotional. Every relationship is different. Building a good system that will help you manage your finances as a couple takes work. But…

Are you a first-time credit cardholder? It’s such a thrill to finally own this little plastic and buy the things you’ve always wanted. However, there are limitations to a credit card and responsibilities as a credit cardholder. Before you activate your card and start swiping, it’s important to know that with each swipe, you owe…

Banking is made easy these days as banks shift to digital platforms. For instance, ING Philippines and CIMB Bank have gone branchless on new applications. Simply download the mobile app, and you can open a savings account right on your phone. With unending community quarantines in different cities and increasing numbers of COVID-19 cases, it’s…

It’s tempting to be a couch potato and binge watch Netflix shows during this quarantine period. While there’s nothing wrong with entertainment, your health and physical well-being are more important these days. According to experts, people who are overweight are more susceptible to fatal conditions if they are infected by COVID-19. To strengthen your immune…

Mobile wallets like GCash and PayMaya have made it easier to send and receive money these days. Cashless payments have never been so essential, especially in our new normal. But while they offer ease and convenience, there are also transaction fees involved. Every centavo counts, so check out GCash and PayMaya’s transaction fees here and…

Opening a savings account isn’t as hard as you think. With digital banks, you don’t even have to visit the branch anymore, given that most of us would rather stay home these days. Yes, you still go through the same process of filling out forms and submitting the required documents. Only this time, it’s quick,…

The Department of Labor and Employment expects that by the end of this year, 4 million Filipinos will lose their jobs because of COVID-19. The numbers are staggering. However, retrenchment is not unheard of during economic crises and global pandemics like what we’re currently experiencing. After all, companies need to downsize and cut expenses to…

Everyone has been financially affected by the pandemic, so people are finding creative ways to get what they need without having to spend money. More and more people are joining online barter groups and posting things they no longer need in exchange for food or items. If you are decluttering and have items that you…

Parents are now considering homeschooling their children to keep them safe from coronavirus and ensure their continued learning amidst this pandemic. But what exactly is homeschooling, how do you get started, and is it ideal for everyone? In this MoneySmart article, we’ll talk about the basics of homeschooling, as well as its pros and cons.…

Because of the Covid-19 pandemic, engaged couples have to face the reality that their dream weddings will need to be put on hold or cancelled altogether. But some couples are also coming up with creative ways to make it happen while observing health safety protocols and practicing social distancing. While these quarantine or lockdown weddings…

It’s so easy to get distracted when working from home. Every space is your comfort zone after all. You can work on the kitchen counter, or even on your bed. There’s no boss looking over your shoulder and no coworkers who can see you. But as a result, you slack off or get distracted at…

Life insurance is an essential part of good financial planning, but not everyone enjoys talking about it. There’s not the usual excitement like when buying a house or a car. People usually brush off talks about it or simply put off buying one. Until a serious, unexpected, and devastating life event happens, and usually it’s…

This pandemic has certainly unleashed our creative and entrepreneurial sides. A lot of us are discovering other talents we didn’t think we had and exploring new hobbies we never thought we’d love! It’s definitely a healthy and fun way to while away the time when quarantined at home. Not only do they help us manage…

From asking for cellphone load to emailing you about your $10,000 prize money,  online scams are aplenty. Protect yourself from scammers and recognize the warning signs. Here are some important things you need to know so you won’t be a victim. What are the most common online scams in the Philippines? Internet Shopping Scams Shopping…

If you still have not discovered the wonders of e-wallet services, you’re missing out on a lot. They have definitely made banking and other financial transactions easy and convenient during this community quarantine. Check out Coins.ph, another mobile wallet service that you can download on your phone or computers to make a variety of financial…