Archive for the “Money Matters” Category

Today, the Philippine economy is booming that we were already labeled by prominent international personalities as rising tiger of Asia. We obviously see on-going constructions of buildings and residences everywhere. This is one of the indicators that the economy is really strong. It is now the best time to invest in real estate.

Incidentally, I was one of the few people who were invited by Avida Land to take an advance peek of their new vacation home development in Tagaytay. I was instructed to proceed to their showroom in Alabang Town Center and was surprised to see familiar faces – yes, bloggers that I usually see only online. Read the rest of this entry »

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If you are looking for an investment with high returns and low initial investment then putting your money in the stock market may be right move for you. Many people have made millions buying and selling stocks. However, many people too have lost money due to both ignorance and bad luck. To minimize the risk of loss, a person must have knowledge on how to invest in the stock market wisely.

You must first understand what the stock market is. The stock market is where shares of ownership of different companies are bought and sold. Since you become a part owner, you participate in the company’s earnings or losses. So while there is a greater chance of high returns, there are also risks. Read the rest of this entry »

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There are many places that have a strong demand for a money changing business. The growth of tourism and our large OFW population has guaranteed a huge market to be tapped by money changers. This is one opportunity you may not want to miss. It is a simple business if you know how to start and operate it. Below is a shortened and simplified step by step procedure to give you a basic idea on this business:

1. Find an ideal location. The key to success in this business is to secure a location in a place where there are many potential customers who feel safe when changing money. Previously this was limited to areas where there are many foreigners like the tourist belt. Read the rest of this entry »

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I’ve been a client of BPI for about 15 years now. For that span of time, I opened a savings account, a dollar account, a checking account, a credit card, and another joint-savings account for me and my wife. This only shows how satisfied I am with the banking and financial services of BPI.

My next plan is to put up a business that I’ve been very passionate and eager to do since several months back, but what holds me is an insufficient capital to fund for this business. I’m thinking of getting loans from several lending institutions, but the interest rates and requirements kept me thinking twice. Luckily, and perfectly timed, I received a brochure inside my latest credit card billing about a new offer of BPI about the Ka-Negosyo financial loan and assistance for small business start-ups like me.
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In support of the National SME Development Plan, the government financial institutions (GFIs) collaborated to design a uniform lending program, tailored fit to meet the funding needs of SMEs.

Participating GFIs:

  • Development Bank of the Philippines
  • Land Bank of the Philippines
  • National Livelihood Development Corporation
  • Philippine Export-Import Credit Agency
  • Quedan and Rural Credit Guarantee Corporation
  • Small Business Guarantee and Finance Corporation
  • Social Security System

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