Time Value of Money

Time is money. It's an old saying and easily understood.

However, the time value of money is something that takes a bit more explaining - including formulas and whatnot.

But here's a simple and short (3:36) video from TED-edthat explains it.

Pag-ibig Housing Loan

Pag-ibig Housing Loan.   Stuff you need to know about Pag-IBIG (HDMF) housing loan that isn't mentioned on their site and instead tackled in the loan counseling session.
As I mentioned in my earlier post, there's a few important things that are left unsaid on the Pag-IBIG official site. It's instead discussed in the loan counseling session that you're required to attend first. (note: I've read elsewhere that it isn't required anymore. I would still attend though, because of the info shared there that might not be on their site.)

I haven't attended myself, so I relied on two coworkers who have attended and loaned from Pag-IBIG. (I'll post an update once I am able to attend the seminar/orientation)

Pag-IBIG's benefits

Benefits of Pag-IBIG (HDMF): calamity loan, multi-purpose loan, housing loan, and withdrawing your contributed funds (including employer contributions and dividends earned).
I've been digging up on Pag-IBIG (HDMF) trying to find out more about it's housing loan. But along the way I stumbled across a few cool facts.

Did you know that Pag-IBIG actually stood for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Indusria, at Gobyerno?

And did you know that you could withdraw everything you've contributed to the fund? Including the part your employer contributed (if any)? And also including all dividends earned?

Is Laziness Genetic?

Have you ever wondered why some people seem always on the go or seem determined to keep themselves knee-deep in things to do? While others seem quite the opposite?

In this 2:38 minute video, it turns out that there might be a couch-potato gene.

Cash In A Flash - Money Trap or Good Deal?

You've probably come across the multitude of fliers being handed out.

Is it a money trap or a good deal?

HMO Benefits And Their Importance To The Employee

HMO Benefits And Their Importance To The Employee.  While a lot can be said about being in business for yourself - either via freelancing or owning your own business - being a regular employee does have certain advantages.  And the foremost advantage is being covered by health insurance.
While a lot can be said about being in business for yourself - either via freelancing or owning your own business - being a regular employee does have certain advantages.

And the foremost advantage is being covered by health insurance.

Having health insurance is so important that it's almost impossible to overstate it's benefits.

For one, the ability of illness to wipeout your finances and get you into debt is so great that it's almost peerless.

Second, illness not only costs money, but can prevent you from earning more. That's true even for regular employees.

Even though being ill should not be taken against you during performance appraisals (which can determine your salary increase), it doesn't do you any favors when being compared with peers who have produced more simply because they were still there when you were out sick.

But the benefits of health insurance doesn't stop at simply having it. Here's a look at the three most important benefits of HMO to employees.