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Remittance money spent on wants not needs?

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OFWs from Libya: Philippine companies, like AG&P, looks to “pirating overseas Filipino workers as one of their strategies in expanding their workforce. INQUIRER PHOTO/RODEL  ROTONI

Overseas Filipino workers (OFWs) send millions of dollars in remittances back to their families in the Philippines, but is the money being spent on needs instead of wants?

Posted: February 26th, 2014 in Latest Business Stories | Read More »

The truth (in buying) shall set you (financially) free

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Photo shows an electric induction cooker. To help you become financially free, find out the truth behind a product, especially when promotion is hyped up.  PHOTO FROM ALIBABA.COM

I have time and again found myself buying stuff that I don’t really need because of sales offers and gimmicks, especially during the Christmas season. What is the best way to avoid unwanted spending?—Heavy holiday season shopper

Posted: December 12th, 2012 in Headlines,Personal Finance | Read More »

PH consumers among world’s most bullish

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Shoppers queue at a bakeshop in SM Southmall in Las Piñas City on Aug. 4, 2012. Filipino consumers continue to have one of the highest confidence levels to spend in the third quarter of 2012, according to a survey of residents in 58 countries.  PHOTO BY RICK ALBERTO

Filipino consumers continue to have one of the highest confidence levels to spend in the third quarter of the year among residents of 58 countries surveyed by media research firm Nielsen.

Posted: October 31st, 2012 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Credit card debts surge 13% to P137B in 1st semester

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Mastercard

Outstanding credit card debts of consumers in the country grew by a double-digit pace in the first semester as the robust appetite of Filipinos to spend triggered more credit-aided purchases.

Posted: October 29th, 2012 in Latest Business Stories | Read More »

Spending on family bonding

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Dining at Chili’s in Rockwell Power Plant mall. Allocate certain amounts for birthday celebrations, family vacations and the occasional dining in special places. These things, while costly, are important.

Question: I’m a family man and sometimes I feel guilty spending money on our birthday celebrations and family bonding. How much should I be spending on bonding activities for my family?—Asked via e-mail, name withheld upon request

Posted: August 29th, 2012 in Headlines,Personal Finance | Read More »

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