Pay Off a Loan Early or Invest The Money First?

Pay Off a Loan Early or Invest The Money First?   Money gives me options, but is not necessarily an end goal. The rational choice can be the one where we don't end up with the "most" money but with a better set of options.

I've written before about choosing between paying off a loan early or investing the money. And I thought it's worth revisiting that as I'm about to make the same choice myself.

A few years ago I got a car loan. However, I didn't follow most experts' advice. I did give a little bit more than the usually required down-payment and sought the lowest interest available. But I got a 5-year loan. That way I could get the lowest monthly amortization.

Most experts' advice is to instead get the lowest loan total - that is, get the option that pays the least interest.

Not the most savvy move, specially for a guy with a personal finance blog. But sometimes numbers aren't what they seem at first.

Five Reasons Why You Should Buy Life Insurance As Early As Today

Photo credits: Geralt | Pixabay

Today we have guest blogger Carmina to share with us the importance of Life Insurance.

Which Is Better UITF or Mutual Funds?

I tend to get asked this question a lot. And the common answer is neither, both or it depends on the fund.

You can actually compare a Unit Investment Trust Funds against a Mutual Funds as long as they're both invested in the same asset class (ex. they're both equity funds). It doesn't seem helpful at all to draw a line between these two types of investment vehicles.

In reality of course, each has their own advocates. It's nothing like debating VUL vs BTID, which can be contentious. But usually people do have their own preference.

9 Financial Threats And Scams You Have To Watch Out For

"Ber" months are fast approaching. Unfortunately that usually also means more scam are headed our way.

Fortunately, today we have guest blogger Carmina Natividad to share with use tips on what to watch out for to keep our money safe.

In a society, where different faces of crimes are getting more rampant, you can't blame other people for losing their faith in humanity. Criminals give in to illegal doings and take advantage of other people for personal gain. These misdeeds can happen anywhere and anytime, and the scary part is each one of us can be a potential victim.

Now, let's talk about the "root of all evil," as they say - money. Financial fraud is one of the crimes we usually see on television. We witness how thieves have become smarter in stealing, and how their ways evolved from directly robbing a bank and threatening citizens to using digital platforms and technology for luring gullible victims and getting funds from them effortlessly.

Just to raise awareness and eliminate the growing number of victims, we listed nine fraudulent activities these smooth criminals might be doing at this very moment.


Not my GC. But apparently no one's ever taken a picture of Landmark GC.

A while ago I got a Landmark GC and was going to spend it in - well, the only place I could spend it in.

How to Bring Down Your Monthly Car Loan Payments

How to Bring Down Your Monthly Car Loan Payments - 6 ways you can try to bring down your monthly auto loan amortization.
One of the most frequently read posts in this blog is the one about Car Loan rates. And consequently I get asked a lot about various stuff regarding car loans. But the most popular question seems to be about bringing down the monthly amortization/payments. So I thought it would be a good idea to tackle it in more detail here.

So what can you do to bring down your monthly car payment?

Let's tackle them in chronological order:

Balai Pabango

Balai Pabango
A few days ago I was on my home but got really hungry. Fortunately enough, I passed by a Balai Pan de Sal branch and so I went in and immediately tried to choose which one of their breads to buy.

Then a guy in white polo (and a tie?) comes in and declares "green belt giveaways". He starts spraying a sample on the store personnel's wrists (both of whom were women), who get excited.

My initial thoughts was - I can't choose between the spanish bread (my usual go-to) or ensaymada, which looked very tempting at that time. And then it occurred to me: greenbelt was a bit far from here.

Powerful Productivity Technique

Just a quick video post for today.

The essence of personal finance is not to spend more than you earn. But although saving is probably the more popular topic, the surest way to accomplish that is to ear more.

And although we can't guarantee that we'll earn more, being productive is still the best way to get on the path to earning more.

And in this 6 minute video, author Ben Angel shares with us a technique to makes us very productive.

You may have noticed that this is basically about building a good habit. Like what I've touched on previously - On Building Good Habits, and The Comprehensive Guide To Breaking Bad Habits And Making Good Habits Last For Good.

I guess that partly explains why successful people keep trying to strive for more, while a less accomplished ones may keep "phoning it in" so to speak. They may be locked into habits, one just happens to be better for their wealth.

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How You’re Wasting Money (and Not Knowing It)

How You’re Wasting Money (and Not Knowing It)
Today, we have guest blogger Kyle Kam sharing with us some insights on everyday spending that we should seriously consider before parting with our money.


There’s a quote out that says “I’m having an out-of-money experience.” You will find yourself out of cash, and it’s at least 48 hours prior to payday. You ask yourself how this could’ve happened when you were cautious about spending.

There are many ways you’re wasting money and not knowing it. They’re small at times, but when you’ve only got Php 50 left in your pocket, it’s time to re-examine your lifestyle choices.