microbusiness

How to Start a Micro Business in Philippines with Your New Loan

Building an micro business is difficult without a startup capital, but a bit easier than building a physical business. Also, the competition in the micro business arena is a lot tougher nowadays. You need to do considerable legwork if you want to make a difference.   If you want to launch your micro business with your new personal loan, here are some initial strategies that you have to work on: Find Your Niche Many entrepreneur…

budgeting philippines

How to Make a Monthly Budget Plan in the Philippines

Having a monthly budget plan is definitely helpful in charting your financial direction. Without a budget plan, you’d just drift month to month without giving real attention to your finances. This can lead to wrong decisions and cash shortage. Now, the real question: how can you make a convenient monthly budget plan? Listed below are some of the best tactics that can help you make your plan: Determine Your Income and Expenses Your income-expense relationship…

financial mistakes

Financial Mistakes That Will Prevent You Long-term Financial Stability

The OFWs steady cash flow every month in form of remittances provide more than the basic needs of their families in the Philippines. The sudden improvement of financial standing changes their lifestyle and living conditions. They can now afford to buy material things and keep up with the latest trends. The downside is the tendency to live extravagantly and overspend which lead to debts. Borrowing is not bad if the objective is to create additional…

Steps to Manage Your Money and Build Your Wealth

There are many sad stories about OFWs coming home without realizing their goals of securing financial security despite long years of working abroad. It is heartbreaking to see old people who spend most of their adult lives working without sound investments. OFWs must therefore be more financially-smart in order to enjoy the fruits of their labor when they decide to return in the Philippines. The best ways to build a brighter future while working in…