Author: admin

October 2020 Net Worth Update

Welcome to my October 2020 net worth update!   The reason why I do net worth updates is to stay accountable with my finances. I publish my real numbers as it is with the mission to continue to bridge the financial literacy gap for Filipinos one content at a time.   I hope you enjoy today’s post.   October 2020 The month of October was filled with meetings. Most were […]

How to Achieve Financial Peace in Your 30s, 40s, and 50s

Today we will talk about how to be financially at peace in your 30s, 40s, and 50s.   When I did my very first Reader Survey , the results revealed that the primary age bracket of SavingsPinay Readers are in between 25-55.   I remember how surprised I was back then. I felt a lot of pressure because I knew those who were reading SavingsPinay have the age, experience, and […]

6 Things Consumers Should Check when Evaluating Credit Card Offers

There are a lot of misconceptions about credit cards among Filipinos. Among them is the idea that credit cards are debt traps. However, with proper money management and financial literacy, credit cards are actually helpful financial tools.   With that said, it can be hard for first-timers to decide on which credit card to get. The same goes for those looking for a secondary or a replacement card. That’s because […]

101 Sure Ways To Save Money From Your Money or Your Life Book

Your Money or Your Life is one of the financial book I finished for 2020.   The book introduced me to a 9-step plan to financial independence which I soon will write a separate blog post.   One of the best part I read in the book is a list of 101 sure ways to save money. I thought it would be great to share with you today.   Most […]

Investing in Mutual Fund for Beginners – The Complete Guide

If you ask me what the perfect investment for beginners is, I’ll definitely answer – Mutual Fund.   At 19, I had a mutual fund and kept investing in it as little as 1500pesos every month. I treated my mutual fund as a retirement account, money I am saving for my(future)self.   Over the years I’ve received a number of questions about investing in mutual fund in Philippines. So today, […]

High-Yield Savings Accounts in the Philippines

Most of us are in the hunt for high-yield savings accounts.   And I cannot blame you.   Nowadays it’s important to maximize whatever money we have. And if we can get a decent interest rate from the money we save, that would be amazing.   The typical savings accounts in the Philippines only provide 0.125% to 0.50% interest. With the fees involved maintaining the account, talo ka pa kapag […]

I’m Finally Investing in Stocks | SavingsPinay

I’m investing in stocks!!!   Today allow me to share to you one of the major financial decisions I did three years ago – I started investing in stocks directly.   I have always wanted to know how stock trading works and finally I can now learn from experience.   Investing in stocks is one sure way you can build a strong financial foundation and enable yourself to earn passive […]

September 2020 Net Worth Update

Welcome to my September 2020 net worth update!   The reason why I do net worth updates is to stay accountable with my finances. I publish my real numbers as it is with the mission to continue to bridge the financial literacy gap for Filipinos one content at a time.   I hope you enjoy today’s post.   September 2020   September 2020 went by too quickly, wasn’t it?   […]

Stay Productive While Quarantined at Home with Security Bank

The pandemic has changed the way we live and connect with each other. A few months ago, we all went out for every little necessity and luxury without any second thought. Now, we cautiously schedule every errand as we limit our exposure to public places and ensure our safety.   Neither life or work stops despite being quarantined. Security Bank offers digital banking solutions and innovations that help its customers […]

11 Ways to Build an Emergency Fund from Scratch

For sure this is not the first time you encountered the word emergency fund.   Financial experts agree that building an emergency fund is crucial to grow wealth and achieve financial freedom. If you are reading this post because you want to build an emergency fund for your own, good for you!   You are now one step closer in building a strong financial framework for life.   An emergency […]