tag:blogger.com,1999:blog-173020494023064292025-05-14T10:09:29.812-07:00My musings on personal finance, served with a smile. :)The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-17302049402306429.post-31719245269259206912013-02-27T00:01:00.001-08:002013-02-27T00:01:11.074-08:00

I never thought this is going happen. But it did. Betting on lottery just got easier with Globe (come on, Globe! What were you thinking?!) Being a financial planner, I feel so sad about it (and at the same time, very disappointed with Globe). I know of people who feel that this is their way out of poverty (heck, my boyfriend even had those "pag nanalo ako sa lotto" moment, even enumerating

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-31982459289311908242013-02-25T01:00:00.002-08:002013-02-25T17:40:24.311-08:00

My high school friends and I met up yesterday to informally discuss about personal finance. They said that this year, they plan to seriously manage their finances and they would also like to try investing (two of them admitted that they only keep their money on savings account.) One of them asked my opinion on an investment instrument offered by an agent. He said that with this instrument, he'll

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-80237341788495852622013-01-29T23:52:00.001-08:002013-01-29T23:54:59.785-08:00

This is a continuation of my post regarding online subscription and redemption of my UITF under BPI. You can read  Part 1 here. I was not able to use all the funds that I withdrew last week. Being a responsible adult (haha!), I decided to return it to my emergency fund rather than buy something that I'll later regret. I went to my BPI branch and deposited the excess (oh, by the way, those

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com19tag:blogger.com,1999:blog-17302049402306429.post-18499277774850516602013-01-29T21:30:00.002-08:002013-03-04T06:48:46.417-08:00

For me, going to the bank is such a chore. That's why, I always find ways to automate almost everything. Just last week, I discovered that I can subscribe and redeem my Premium Bond Fund though BPI Express Online. I love it! And I know you'll love it too! A portion of my emergency fund placement is in BPI UITF Premium Bond Fund. An unexpected expense came my way last week (and it's really under

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com33tag:blogger.com,1999:blog-17302049402306429.post-46528719016628199422013-01-15T00:22:00.001-08:002013-01-15T00:22:18.097-08:00

2012 for me was a year of financial awareness. I learned more about savings, stocks, and other financial instruments. I also tried (hard!) to live within my means, to save enough funds for the rainy day, and to reduce my spending. And I'm still trying. I am now credit card debt-free and it feels great! I know my RFP instructors will be so proud. I mentioned in my first post about my reasons

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com5tag:blogger.com,1999:blog-17302049402306429.post-26555033840640943512012-12-03T08:33:00.000-08:002012-12-03T08:44:21.857-08:00

My boyfriend and I have been together for seven years. Nope, he hasn't formally asked me "the question" yet. although I wish he will, sooner than later. Sometimes I can't stand the pressure from everyone from my mom to my boss. When I was a bit younger, I imagined my wedding to be grand. Not as grand as Princess Diana's, but let's just say that I have some suppliers in mind and they are not

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-87100788681276717532012-12-01T22:58:00.000-08:002013-02-18T19:02:30.305-08:00

I may not be the best person to talk about beauty and make-up tips, but bear with me for a while. I got the whole cleanse-tone-moisturize in my regimen quite perfectly and I think my skin is ok (no breakouts, except during that time of the month where I experience a pimple or two.) But here's my frustration: doing my own make-up. I attended a friend's wedding last Thursday. Since this is a

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-26552957235396335482012-11-30T09:20:00.001-08:002012-11-30T23:17:12.004-08:00

I blogged about BPI increasing their minimum SDA requirement to Php 500,000 and my search for other viable investment vehicle where I can put my emergency fund. I'm happy because I was able to place the available funds last week. Accessibility is one of my main considerations. I should be able to withdraw the funds around 2 days when needs arise. This is the reason why I still keep some

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com3tag:blogger.com,1999:blog-17302049402306429.post-40177667791517563582012-11-25T03:00:00.000-08:002012-11-25T03:02:54.506-08:00

Christmas!!! Whether you like it or not, Christmas is not just the most wonderful time but also (one of the) most expensive time of the year. Sales are everywhere, and to make matters worst, malls will be playing Christmas tunes while you're shopping (this gets me in the mood to shop more.) During the beginning of my working days, I find myself broke after holidays - after all those gift buying

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-17332813087717294772012-11-24T09:37:00.003-08:002012-11-24T09:50:07.676-08:00

In an effort to encourage people to invest in their Short Term Fund, BPI increased the minimum amount requirement to open a Special Deposit Account (SDA) to Php 500,000. Previously, one can open an account for only Php 50,000. To give you a background, SDA is like a time deposit with a higher yield (lately, I got it at around 2.6-2.8% net of all fees).  SDA is a short-term investment which

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-75790118151908826762012-10-05T22:13:00.000-07:002012-10-05T22:13:16.310-07:00

I think there's a virus in our office. I already have a couple of colleagues who took their sick leave a week ago. And last Tuesday, it was my turn. I suddenly felt chills Monday afternoon. I thought it was just the air conditioner. But I still have it when I got home. So I decided to take a time off the next day. While having my  rest, I decided to check my stocks. I also noted that

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-83997300603384869962012-10-03T05:02:00.003-07:002012-10-03T05:04:11.621-07:00

Finally! After seeing all those "Date A Girl Who..." articles, I finally found something that I can relate to. :p This is just too good not to share: Date A Girl Who Invests in the Stock Market I particularly love this part: "A girl who invests in the stock market will be the rarest people you'll meet here in the country. So when you find her: love her and never let her go. Invest your time&

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com1tag:blogger.com,1999:blog-17302049402306429.post-44237581155001306452012-09-23T21:43:00.003-07:002012-09-23T21:43:20.935-07:00

It has been a long time since I last posted in this blog. Sorry about that. I'm actually busy doing my case study for the RFP Program that I took last July. Our task is to present a case on financial planning for a client. This financial plan consists of cash management, education (for those with kids), protection (insurance), and retirement. It took me a long time to figure out who will be my

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-89805401128245770862012-09-01T02:26:00.000-07:002012-09-01T10:48:08.641-07:00

During our Investment Planning class with Mr. Randell Tiongson, I asked him whether I should get another insurance policy aside from what's offered in our company. I'm single and have no kids. I'm not the bread winner in our family, but I contribute every payday. I know insurance is important because I want my family secured in case, you know, I die and go to heaven. :) Our company's

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-34619917423981333162012-08-27T00:00:00.000-07:002012-08-28T07:53:32.178-07:00

It was around five years ago when someone told me to join Odesk. At first, I was hesitant to try. However, after reading some reviews from the forum, I concluded that this was not a scam. So I created an account...but forgot about it. Past forward to today, a classmate in RFP program encouraged me to have an online job. I really want to try it, after all, my current job is really not

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com6tag:blogger.com,1999:blog-17302049402306429.post-8483400162780167252012-08-26T01:56:00.004-07:002012-09-03T05:50:08.247-07:00

I was a loyal prepaid Globe subscriber ever since I got my first cellphone, which was the trusty Nokia 3110. Technology has changed, as well as my cellphone, but I'd remained prepaid. One of the things I like most was the fact that I can control my expenses. I was ok with a Php 300 load for a month or Php 500 during Christmas and January, my birthday month (because that's the time I

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-86848822023937068382012-08-20T23:01:00.000-07:002012-08-20T23:01:35.202-07:00

I read a news on Inquirer.net saying that Manila City Hall is "virtually bankrupt." The article cited that the local government does not have enough cash to pay off its debt (which is three times more that its cash). Yikes! (Read the article here.) Is this a reason to panic? The thing is, there's a difference between liquidity and solvency. Liquidity is basically one's capability to meet

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-81064307031622213942012-08-16T22:10:00.002-07:002012-08-16T22:14:10.071-07:00

I invested in Calata Corp. (CAL) when it had its IPO last May selling at Php 7.50 per share. Citisec (now COL Financial) only allocated 100 shares (which is fine with me because I don't know much about the CAL, but would like to buy anyway.) Lo and behold, before I knew it, the price continued to rise and I was just there, sitting in my work station, mesmerized, asking myself, "why is this

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-24453228709413773322012-08-15T03:00:00.002-07:002012-09-16T17:26:59.868-07:00

I have my "senior moments." I sometimes forget the time slot of my favorite show (hence, my need for Torrent, hahaha!) and due date of my Globe and credit card bills. My worst moment is forgetting to double lock our door one night. Good thing, we were not robbed, but I had to face my angry mom the morning after. Since I am now a voluntary SSS contributor (my employer does not

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com20tag:blogger.com,1999:blog-17302049402306429.post-77848894748409651542012-08-02T07:22:00.001-07:002012-08-20T07:41:48.214-07:00

I have just realized, after looking into one of our company benefits, that without me doing anything, I'll be an instant millionaire.*  How? Photo Source Through the power of compounding. Every payday, Php 500 is deducted in my salary until my retirement. It is being invested at a rate of 6.5% per annum - that's 0.2708% every payday (6.5%/24 months). I started contributing

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-47236498370238294042012-07-26T23:51:00.000-07:002012-08-20T07:44:24.438-07:00

I hate long lines even though I've mastered falling in line since 1999 (I studied in UP where there are lines everywhere.) Patience may be a virtue, but long lines are just a waste of time when you can do other things, such as eating, sleeping, working out, reading. Though you can do all those things while lining up (working out? Hell yeah! Try standing on one foot), you have to be mindful of

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2tag:blogger.com,1999:blog-17302049402306429.post-35204625641546581052012-07-24T22:48:00.003-07:002012-08-15T17:20:17.283-07:00

Don't get me wrong. I love working out. The happiness I feel after sweating it out is exhilarating. As if I can kick anyone's ass any time, any day. But I hate going to the gym. On my previous job, I had a gym membership for two years paying around Php 1,200 per month. It seems cheap given that if you divide it by 30 days, it'll give you a mere Php 40/day. The big problem, however, was

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com0tag:blogger.com,1999:blog-17302049402306429.post-51132803660715636472012-07-24T06:51:00.000-07:002012-08-17T02:21:22.955-07:00

Cliché as it may seems, I want to document my so-called “road to financial fitness.” I'm not so sure when did this realization began, but one day I just wake up and realize that I am not getting any younger (another cliché) and that I need to take control of my finances. I mean, who will manage it except for me? (Though, yeah, I could hire a financial planner, but it’s a shame since I’m an

The Thrifty Chickhttp://www.blogger.com/profile/00866092997354896909noreply@blogger.com2