In my previous post, I explained why we should buy travel insurance and the criteria to keep in mind when buying one. I mentioned the many ways that a perfect vacation can suddenly turn into disaster due to medical emergency and the accompanying costs. So after doing hours upon hours of research reading about offering and trying to contact insurance providers and banks, I finally settled on one. Here is my Pacific Cross travel insurance review, where I lay out why chose this product and how easy it is to buy from them. DISCLAIMER: This is NOT a sponsored post
One of the things we often neglect when we go on trips abroad is buying travel insurance. We’re justifiably obsessed with getting the best deals on plane tickets and hotels, arranging itineraries, and researching “must have” experiences we shouldn’t miss. But when it comes to protecting ourselves from possible expenses such as accidents, missed flights, and other things that might negatively impact our travel, we turn a blind eye. We don’t want to “jinx” the trip by being “too negative”. [bctt tweet=”By the time we realize that we should’ve purchased travel insurance, we’re already in the middle of a very
Updated on 03 September 2019 Many of us are already aware of the advantages of investing in index funds but are having a hard time choosing which fund to invest in. We are enticed by a dizzying array of index fund options, ranging from mutual funds, UITFs, and even an ETF, with their respective pros and cons. Although there are a lot of information available online, it is hard to sift through the hype. So I decided to conduct my own extensive and thorough research (I hope) and create the ultimate guide to Philippine index funds that is easily accessible and
In terms of looking for ways to save money, we’ve seen it all. Almost everyone has their go-to way to save, ranging from the mundane (clip and use coupons!) to petty criminality (take home toilet paper from work). In this post, I will share some savings tips that can potentially change your life. Potentially because it’s still up to you if you’ll apply them in your life. All of these have and continues to work for me. I hope you can incorporate some of these ideas in your journey to a better financial future. Saving money can be
Here’s a very neat method I learned from the classic personal finance book, Your Money or Your Life: how to calculate my real hourly wage and why I should do it. The concept is this: [bctt tweet=”we only have a limited time on Earth and we exchange a portion of that time to go to work and earn money. That means we are literally giving up our life for money. ” username=”MeKatieScarlett”] Which raises the question: are the things we’re spending money on worth the life we’re giving up to buy them? How to Calculate Your Real
Many Pinoy expats, including myself, often fail to maximize government benefits when we start working abroad. We often discount programs in the Philippines thinking that: Since we’re no longer in the Philippines, the benefits will not help us in our new country The benefits are too small compared to our new increased income The benefits are not worth the bother Nothing can be further from the truth. [bctt tweet=”The way I see it, many Philippine government benefits designed for OFWs, when taken all together and with proper planning, can help us achieve our financial goals faster. ” username=”MeKatieScarlett”] Yes, not one
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
- Women and Money
- Personal Finance
- Get out of the Poor House
- PH Government Benefits
- Financial Hacks
Be part of the Scarlett List!
Join hundreds of readers who receive weekly updates on the latest tea on escaping poverty and achieving FIRE (financial independence and early retirement) in the Philippines.