Categories
Finance

How to Set a Reminder for Ginvest in GCash

If you just started investing with GInvest in GCash, we highly recommend setting up your reminder even when you get really busy so you won’t forget to add funds to your account.

How to Set a Reminder for Ginvest in GCash

  1. Go to GInvest
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2. Scroll down and you will see the Set Reminder

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3. Select when you want to be reminded, amount and confirm

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This is an example of the text you will receive as a reminder:

How to Set a Reminder for Ginvest 4
Categories
Finance

How to Invest using GCash

If you want to start investing with low capital but don’t have an idea of what it should be and where to start. There’s now an easy way with GCash, in a simple tap of your fingertips you can start investing in the Philippine Stock Exchange and New York Stock Exchange with the multiple funds they are offering patterned with ATRAM Securities.  

You can start investing as low as P50! You can do it on a weekly, monthly, or quarterly basis, it’s up to you. You can also set a reminder and you will receive a text from them.  

How to Invest using GCash

  1. Go to GCash app
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  1. Choose Ginvest
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  1. Select View Investment Products
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  1. As of writing, there are 7 available funds to choose from then check the fund you would like to invest in:
  • ALFM Global Multi-Asset Income Fund inc
  • Philippine Stock Index Fund
  • ATRAM Peso Money Market Fund
  • ATRAM Global Consumer Trends Feeder Fund
  • ATRAM Total Return Peso Bond Fund
  • ATRAM Global Technology Feeder Fund
  • ATRAM Philippine Equity Smart Index Fund
How to Invest using Gcash 4
How to Invest using Gcash 4
  1. Tap on Buy and Enter the amount and it will show you the confirmation, the approximate NAVPU you will get  
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6. Tap on Agree and Confirm   

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7. After the transaction, you will receive a confirmation

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For more questions and information, you may visit their website GCash, call their hotline via 2882, or you may also submit a ticket to the help center via the GCash app.

Categories
Finance

5 Practical Money Management Tips

5 Practical Money Management Tips

Image by Pixabay via Pexels

Managing your money is not an easy task. You need to earn money first then save it and invest it. At the same time, you need to handle it well so you won’t end up broke.

We want to help you have a more effective and efficient ways in how to manage your money.

1. Set financial goals

You can list your personal financial goals for the year then divide it per month. This method can help you become hyperfocused into what financial goal you want to achieve in that specific month. Also it will serve as a guide into how you will budget your income to attain and maximize your other financial goals whether it is short term or long term such as savings and investment.

2. Create a budget

Before receiving your salary, it would be better if you can budget it first. You can start with 80% for expenses that can include your budget for rent, bills, food, transportation, and insurance while 20% for savings there no such thing as a small savings but you can also increase it slowly.

3. Build an emergency fund

You can start as low as P500 per month and you can save P6000 in a year as your starter emergency fund. It may be small at first but you can work to increase it month by month.

4. Pay your debts

One of the recommend ways to get out of debt is prioritize the debt with high interest then you can proceed to the next debt with the highest interest and so on. Debt can be a cycle but you have the choice to work on your budget in order for you to get out of it.

5. Educate yourself in the basics of finance

Read personal finance books. You can also start research on the internet about the basics of finance from income, budgeting, credit cards, savings, investing, insurance, to estate planning.

Categories
Adulting

5 Basic Skills as an Adult That You Need

5 Basic Skills as an Adult That You Need

Image by Liza Summer via Pexels

As you start your adulting journey, you’ll have a lot of things to figure out. From managing finances and how to make a small talk in a networking event to proper making your meal from scratch rather than ordering a take out. You don’t know what your doing at the beginning that’s just normal but as you older you’ll get the hang of it.

Navigating adulthood isn’t easy. There’s no handbook for it to learn as we were getting older. Before you plan to move out and live alone we suggest, you need try to learn and master these basic life skills as you kick off your adulting journey. Welcome to reality!

1. Learn how to cook

Cooking is a vital skill. You can minimize your take out and dining out expense when you know how to cook your favorite dish. You can start practicing then eventually you’ll master it.

2. Managing Finance

  • Budgeting
  • Saving
  • Investing (stocks, mutual funds, bond and real estate)
  • Understanding insurance (life, HMO, phone and pet insurance)
  • Paying your bills on time
  • Creating a system that work for you

3. Admin Skills

This will make your life easier when it comes to paperwork.

  • Keep financial records organized.
  • Learn how to organize your documents and it’s better to have a binder or file organizer at home which can hold a compilation of bills, receipts, health records, contracts, and government documents.

4. Laundry

You are now in charge of your own laundry. You should know how to do your laundry properly.

  • How to wash and dry it properly
  • How to take care clothes
  • How to remove certain stains

5. Learn how to network

You’ll need this when working in corporate world. In a dog eats dog world, you can rely to yourself that you need to know the basics of introducing yourself and small talk in order to leverage it in your career.

  • Present self well to others
  • Master how to introduce yourself
  • Practice small talk
  • How to network the right way

You’re now a responsible adult. You’ll do things on your own. You can do it. We’re rooting for you!

Categories
Life Hacks

How to Purchase Gomo Unlimited Data

Is there still an unlimited data offer here in Philippines?

Telecommunication companies here in the country are rarely offering the unlimited data feature these days to their prepaid user. Internet is widely used in the Philippines but you’d be surprise that most of the people are still using data. There are a lot of factors since we’re an island nation, it could be internet service providers are not offering service in their area and also not everyone can afford to have a monthly internet subscription.

We discovered that Gomo is offering unlimited data promo with up to 5mbps speed for only ₱499 valid for 30 days. This is a good deal and very affordable compared using consumable data.