Saturday, March 18, 2017

Unsolicited Advice to a Millennial


Cosmo.ph had this article where Marie, a 26 y.o. in the publishing and advertising industry, tracked down her expenses for a week. While I wasn't surprised with how the author spent her money, I was taken aback with the vitriol generated by her article.


The outpouring of criticism was most probably was spurred by her closing statement: "Through it all, I could say that I'm proud of myself for holding up. Managing your own household, feeding yourself, and prioritizing your needs while paying off debt is something that not all people my age could do, but I am doing it in a slow and steady fashion."


In a nutshell, the comments were along the line of: Proud ka sa lagay na yan bes? Ang kapal naman nang mukha mo!


Sunday, March 12, 2017

Bima Microinsurance

I'm a firm believer in insurance. While I don't believe that everyone needs life insurance, I strongly hold that everyone should have critical illness insurance and personal insurance. What's sad is that those who need personal insurance the most are those who tend to shy away from it because they don't realize the importance of insurance, think that it's too expensive or, worse, don't know that such an animal exists. That's why things like microinsurance really excites me because it provides a viable solution to a real problem.


I first wrote about microinsurance almost a year ago and I'm happy to report that I discovered another microinsurance company that also aims to service the marginalized and underserved sector by providing low-cost insurance coverage. Everyone, meet Bima.


Sunday, March 5, 2017

Lifetime Assessment Series: Travel


I am ending this series with my biggest and recurring financial sin, travel.


Be it road trips, plane rides or even boat rides, my itchy feet don't seem to care and would take every opportunity to take a mini or extended break.


Our most recent trip was a weekend jaunt to Angeles City to attend a friend's birthday party. Instead of driving back and forth for a total of 7-8 hours, I decided to book us overnight in a hotel and play tourist the following day.