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Make your money work harder by getting free insurance with BPI Save Up

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et Free Insurance BPI Save Up

I’m always looking for ways to make my money work harder. When I first learned about BPI Save Up more or less 10 years ago while I was still working at a BPO, I immediately opened one. I got to have automatic savings and free insurance? What’s not to like? Why not let my money do two things, instead of doing only one thing? Unfortunately, when I changed jobs my payroll bank account also changed. I didn’t bother keeping the BPI Save Up account active. After years of dormancy it became a regular savings account. I recently decided to open a new BPI Save Up account during a visit to the Philippines. My idea was to park my peso emergency funds in a Save Up account, and while the money is sitting there waiting to be used for an emergency, it can also give me free insurance coverage. As a […]

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How to Achieve a Total Money Makeover in the Philippines

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How to Achieve a Total Money Makeover in the Philippines

I’ve been trying to follow the financial advice of so-called experts to try to achieve a total money makeover in the Philippines but nothing seemed to stick. Most of the advice I found were either the feel-good touchy-feely type (you have to think positive thoughts to attract wealth), too unrealistic and out of touch with how human beings work (don’t spend on ANY luxury and eat beans and legumes for an entire year), too chaotic and/or unstructured (set aside 20 percent on savings and don’t stress about the rest), or can land you in small claims court (pay yourself first before paying your creditors). These advice may work for other people but not for me. Me, I need structure. I want lists, bullet points, flow charts. I get a kick out of writing to-do lists and then ticking them off. I have an entire shelf of personal finance books in […]