Things that will financially tide me over the epidemic
Personal Updates

5 Things That Will Financially Tide Me Over The Epidemic

RedditPinShare20TweetShareClipVibeWhatsAppTelegramPrintEmail20 SharesNow that the entire world is being ravaged by the novel coronavirus, I feel paralyzed.  Although we felt the effects of the COVID-19 epidemic here in South Korea ahead of the rest of the world (with the exception of China), I wasn’t as scared then as I am now. Now that the epidemic have reached almost all parts of the world including the Philippines, I’m like a deer caught in the headlights. I don’t know what to do, I can’t focus on tasks, I’m scared for humanity. I’m scared for my loved ones back home. I’m scared for my

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Pag-IBIG mp2 vs SSS Funds - Which is better?
Investing

Pag-IBIG MP2 versus SSS funds – Which is better?

RedditPinShare73TweetShareClipVibeWhatsAppTelegramPrintEmail73 SharesI received so many messages from people who want to put money away for retirement but are hesitant to invest in the stock market for different reasons. Many simply don’t know how, while others are scared of the stock market’s volatility. Luckily for us Filipinos, the government is implementing programs to help those who want to prepare for retirement. So far, we have the Personal Equity and Retirement Account or PERA, the SSS Flexi Fund for overseas Filipino workers, SSS PESO Fund for all SSS members, and Pag-IBIG MP2. In this article, I will compare two of these government-backed

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Best Financial Blogs in the Philippines
Personal Finance

Best Financial Blogs in the Philippines

RedditPin1Share210TweetShareClipVibeWhatsAppTelegramPrintEmail211 SharesI enjoy reading financial blogs and learning from the experiences and opinions of people who have the same interests as I do. Because I had nobody to teach me how to achieve my financial and investing goals in real-life, I feel a certain connection with people who share their journey to financial independence with the public (and me) through their blogs. I’ve been reading blogs for years and I’ve seen financial blogs come and go. Some showed great promise in the beginning then fizzled out. Some became so popular that their writers moved on to greater and better things

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3 way to Top UP Your BPI PERA Account
PERA

3 Ways to Top Up Your BPI PERA Account

RedditPinShare23TweetShareClipVibeWhatsAppTelegramPrintEmail23 SharesAfter opening a Personal Equity and Retirement Account (PERA), our next step is to make sure that we top up our account every year. In this post, I will share three ways to top up your BPI PERA account. Yes, there are only three ways to do it. But before we proceed, in case you’re not familiar with PERA yet, you can read these related posts: What is PERA and Why You Need One Right Now?  Ultimate Guide to PERA Investment Instruments 1. Personally visit BPI Buendia Center in Makati If you’re in Metro Manila, the easiest and most

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How Much Should Your Investments Grow to Beat Inflation
Back to Basics

How much should your investments grow annually to beat inflation?

RedditPinShare8TweetShareClipVibeWhatsAppTelegramPrintEmail8 SharesHow much should our investments grow each year? Most of us would answer that our investments should, at the very least, beat inflation. Despite the simplicity of this guideline, many investors do not really understand what it means. Or if we understand what it means, we do not know how to apply it to our investment strategy. For many of us, as long as our investments have positive returns, we’re good. Never mind if the said returns are barely able to cover inflation. In this post, I will reinforce why we should target to beat inflation AND figure out

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Transfer property to a relative
WTTK

WTTK #1: Should I Transfer Property to a Relative?

RedditPinShare6TweetShareClipVibeWhatsAppTelegramPrintEmail6 Shares What’s the Tea, Katie? or WTTK, is where I answer financial and investment questions from the readers of the Katie Scarlett Needs Money blog. Although I try my best to answer the questions based on the information provided, I want to reiterate that I am not a not a licensed professional. These are my opinions and suggestions based on what I think are the best information available.  On the other hand, I am not selling you any investment advice and/or products, so you can be assured that I’m not being biased since I have no hidden agenda. 😀

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How to Invest for College
Education

How to Invest for College – A Simple Method

RedditPinShare22TweetShareClipVibeWhatsAppTelegramPrintEmail22 SharesIf you’re a parent like me, one of your most important financial goals is to save and invest enough for your child’s college education. Even though there is an emerging trend in western and developed countries of people opting out of college, we in developing countries do not have the same luxury. If we ever want to ensure that our children stay out of poverty, have high paying jobs (if they choose to), and receive a modicum of respect from society, they need to attend and finish college. Periodt. Not saving enough money for your child’s college education is

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I Opened a TD Ameritrade Account
Cross Border Investment

I Opened a TD Ameritrade Account – Now What?

RedditPinShare1TweetShareClipVibeWhatsAppTelegramPrintEmail1 SharesAfter the initial excitement of having a US-based online brokerage account, readers messaged me asking what else they need to do to actually start investing through TD Ameritrade. They needed additional information and guidance on how to proceed. This post is to bridge that knowledge gap from account activation to buying the stock or mutual fund of your choice. I wrote this post because I thought that if there are people who took the time to write me and ask these questions, there must be others who have the same questions but didn’t bother to write. If you’re one of

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Analysis of Common Investment Options for OFWs
OFW

Analysis of Common Investment Options for OFWs

RedditPin3Share29TweetShareClipVibeWhatsAppTelegramPrintEmail32 SharesA great way for OFWs to maximize their earnings abroad is through investing. Instead of just putting their money away in a regular bank savings account, OFWs can instead make that money earn more money by investing. But not all investments are created equal. Depending on several factors, one option may be great for you while it is not so for another. In this post, I will share my analyses of common investment options for OFWs. I mentioned in the post How to Build a Strong Financial Foundation As An OFW that you need to be prepared, mentally and financially, even

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3 Pag-IBIG MP2 Hacks for Advanced Investors
Investing

3 Pag-IBIG MP2 Hacks For Advanced Investors

RedditPin7Share3.8KTweetShareClipVibeWhatsAppTelegramPrintEmail3.8K SharesI think most of us would agree that Pag-IBIG MP2 is a great investment. It is one of the most popular investment instruments for both OFWs and workers based in the Philippines. Its popularity is due to the fact that Pag-IBIG MP2 is guaranteed by the Philippine government and has a higher dividend rate compared to other safe investments like time deposits, retail treasury bonds, and money market funds The MP2 is a boon to Filipinos who want their money to grow but are afraid to put their money in other, riskier investments. If you’re one of these people,

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Katie Scarlett

Katie Scarlett

is a personal finance advocate working towards achieving financial independence and early retirement (FIRE).

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