Retirement Website that offers e-book.
Retirement Website that offers e-book.
Overseas Filipinos’ cash remittances coursed through the banking networks rose by 2.7 percent year-on-year to $10.167 billion as of end-April from $9.898 billion, data from the Bangko Sentral ng Pilipinas (BSP) showed. For the month of April only, cash remittances went up by 3.9 percent to $2.395 billion from $2.305 billion same period in 2021. […]
Cash remittances reach $10.17 B in 4 months Read More »
The Bangko Sentral ng Pilipinas (BSP) on Wednesday, June 15, issued a reminder to the public to deposit their hard-earned money in formal accounts rather than keep their savings or cash at home. “The unnecessary accumulation of banknotes and coins prevents Philippine currency from being recirculated and used as payment instrument,” said outgoing BSP Governor
BSP encourages public to open formal savings accounts Read More »
The Insurance Commission (IC) reported on Wednesday, June 15, that local insurers have paid about P2.93 billion for claims related to Covid-19 in the first three-months of the year. In a statement, Insurance Commissioner Dennis B. Funa said the claim payouts were made by life and non-life insurers, health maintenance organizations (HMOs), and mutual benefit
Covid-related insurance claims hit P2.9 B in Q1 Read More »
Banks’ loans to micro, small and medium enterprises (MSMEs) as alternative compliance to the reserve requirement (RR) totalled P212.8 billion in May, higher compared to the previous month’s P204.6 billion, based on Bangko Sentral ng Pilipinas (BSP) data. This accounted for 13.6 percent of total required reserves as of mid-May versus 13.1 percent in April.
Banks’ RR-linked MSME loans reach P213 B Read More »
The national government borrowed less than expected after interest rate for long-term Philippine debt papers rose. At the Bureau of the Treasury auction on Tuesday, June 14, the yield for the seven-year Treasury bond with a remaining life of six-year and 11-months settled at 6.740 percent. The yield is above the 6.494 percent fetched in
Seven-year interest rate rises Read More »
Retirement Planning Benefits “Retirement is …. a time to experience a fulfilling life derived from many enjoyable and rewarding activities.” —Ernie J. Zelinski, The Joy of Not Working mghservices May 31, 2022 Retirement Retirement Planning is not something that people prioritize. They do not prepare themselves for when they retire. Though people were required to
Retirement Planning Benefits Read More »
Retirement: Starter Pack mghservices May 26, 2022 Retirement Planning, thinking and saving up for retirement but don’t know HOW, WHERE and WHEN to start? Worry not because WE got YOU covered from the start of your retirement til the end with the help of our fellow “hooman” species who shared their story, experiences and many
COMMON MYTHS IN RETIREMENT PLANNING mghservices May 26, 2022 Retirement There is a lot of readily available information and knowledge when it comes to financial education. That being said, it is easy to access knowledge in order to become financially literate. But the question is, how much of it is true? Just because a lot
COMMON MYTHS IN RETIREMENT PLANNING Read More »
Common Mistakes in Retirement Planning mghservices May 25, 2022 Retirement Aside from the fact that many Filipinos are not that knowledgeable in their finances, there are those who continue to commit mistakes. It is important that you identify the things that you are doing incorrectly. And in order to move through the mistakes, acceptance
Common Mistakes in Retirement Planning Read More »
Common Misconceptions in Retirement Planning It is already given that there are a lot of Filipinos that are still not financially literate. While there are people who have access to financial financial education, there are those who are afraid to learn about being financially literate. Why? A reason behind this is that there are misconceptions
Common Misconceptions in Retirement Planning Read More »