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Thursday, November 3, 2022
Thursday, October 13, 2022
Pag-IBIG Loyalty Card Plus FAQS
Hello Pag-IBIG Frequently Asked Questions
I withdrew my funds using my card but no cash was dispensed and my account was
1. Pag-IBIG Loyalty Card Plus Application
How is the Pag-IBIG Loyalty Card Plus different from the original Loyalty Card?
The Pag-IBIG Loyalty Card Plus is enhanced with banking features and is now linked to a Prepaid Account by AUB. Your card and account may be used to receive loan disbursements, deposit savings, withdraw from ATMs, pay for groceries and more. You may also use your card to avail of perks and discounts from Pag-IBIG partners as originally used.
Where do I avail of the Card?
You may avail in designated Pag-IBIG Fund Branches. For the complete list of these branches, please refer to the branch locator in www.aub.com.ph/hellopagibig
How do I apply for my Pag-IBIG Loyalty Card Plus?
Approach the Pag-IBIG team at any designated branches to validate your Pag-IBIG membership and get an application form. You may also download an application form from the Pag-IBIG website to get started.
How much is the Card?
The Pag-IBIG Loyalty Card Plus fee is Php 125.00
What is AUB's role with the Card?
AUB is one of the bank partners for the Pag-IBIG Loyalty Card Plus Project. AUB enables the card with a Prepaid Account to receive funds, withdraw and inquire through BancNet ATMs, as well as pay through BancNet POS devices.
What are the requirements for a Pag-IBIG Loyalty Card Plus?
You'll need a filled up registration form, at least 1 Pag-IBIG contribution within the last 6 months, a valid government ID, mobile number, and payment.
If I have no middle name, what do I put on the registration form?
Kindly input a "-" or dash character in place of your middle name.
How do I update my Pag-IBIG account details (e.g, married name, birthday)?
To update your Pag-IBIG membership information please visit your nearest Pag-IBIG Branch and approach the information booth for assistance.
2. Pag-IBIG Loyalty Card Plus Features
What is the Pag-IBIG Loyalty Card Plus?
The Pag-IBIG Loyalty Card Plus is a combination of Pag-IBIG's loyalty card program and AUB’s Prepaid Account product that allows the card to have ATM functionalities.
I already have a Pag-IBIG Loyalty Card issued on or before 2018. Can I still avail of the
new card?
Yes, you may keep your old card for loyalty privileges and avail of the new Pag-IBIG Loyalty Card Plus to take advantage of new banking features.
What can I do with the Pag-IBIG Loyalty Card Plus?
Availing of the Pag-IBIG Loyalty Card Plus powered by AUB automatically enables you to receive loan proceeds directly to your card. You may withdraw the proceeds via BancNet ATMs or use the card directly to purchase goods via POS.
Can I have more than one Pag-IBIG Loyalty Card Plus?
You may only have one active Pag-IBIG Loyalty Plus Card powered by AUB. If you avail of another card from AUB, it will automatically deactivate the previous card. Your prepaid account and funds will be linked to your new card.
What does it mean to have an ATM card built into my Pag-IBIG Loyalty Card Plus?
With the added benefits of a BancNet ATM Card, you may avail of the following services:
- ATM Withdrawal through BancNet Powered ATMs
- ATM Services (Balance Inquiry, Pay Bills, Payment via POS)
Can I use my ATM card to purchase online?
No, your Pag-IBIG Loyalty Card Plus may only be used for ATM and POS transactions. You may avail of the Hello Pag-IBIG Mastercard to transact online. This is a virtual debit card linked to your account that is available for subscription through the Hello Pag-IBIG mobile app.
How will I know my card's card number?
Your 16-digit card number is located at the back of the Pag-IBIG Loyalty Card Plus.
How do I check my card's balance?
You may go to the nearest BancNet powered ATM and inquire about your balance using your card. You may also download the Hello Pag-IBIG Mobile App to check your balance.
What is my AUB Account number tied to the card?
Your AUB Account Number is provided via SMS upon successful registration for the Pag-IBIG Loyalty Card Plus.
What should I do if I deleted the SMS containing my AUB Account Number?
You may download the Hello Pag-IBIG Mobile App to view your account number. You may also visit any AUB Branch for assistance in retrieving your account number.
What is the PIN code of my Pag-IBIG Loyalty Card Plus?
The PIN code of your Pag-IBIG Loyalty Card Plus is found inside the PIN mailer. This is a sealed envelope you will receive together with your card, welcome letter, and brochure. Inside the PIN mailer is a 4-digit PIN linked to your card.
How can I change the PIN code of my Pag-IBIG Loyalty Card Plus?
You change your PIN code using any Asia United Bank (AUB) ATM machine. Other ATM machines will not allow you to change your PIN. You may also download the Hello Pag-IBIG Mobile App to change your PIN.
Can I deposit funds to my Pag-IBIG Loyalty Card Plus?
Since your card is linked to an AUB Prepaid Account, you may make a deposit or cash-in transaction to your account. The maximum balance of the account is Php 500,000.00. Your account has no maintaining balance and no dormancy charge.
How do I deposit to my account?
You may make a deposit or cash-in transaction through the following:
- Over-the-counter deposit through AUB Branches for FREE
- Fund Transfer from other AUB accounts
- Fund Transfer from other local banks via PESONet or InstaPay
- Cash-in through 7/11 CLiQQ or ECPay machines (look for “HelloMoney” under “Bills Payments”)
Do I have a limit on deposits?
The account may hold up to Php 500,000.00 at any given time. Maximum cash-in transactions are also capped at Php 500,000.00 per month. Transaction limit shall be refreshed on the first day of the succeeding month. You may view your limit through the Hello Pag-IBIG mobile app.
Can I withdraw my funds from AUB Branches?
No, over-the-counter withdrawals are not available. You may use your Pag-IBIG Loyalty Card Plus to withdraw using any BancNet powered ATM Machine. In case you would like to transfer your funds to other bank accounts, you may do this through the Hello Pag-IBIG mobile app.
Do I have a limit on ATM withdrawals?
Yes, you may withdraw up to Php 50,000 per day using your Pag-IBIG Loyalty Card Plus.
My card was captured by an ATM machine, what should I do?
You may request the nearest branch of the ATM's bank provider for assistance; you may then claim your card from said branch. Please note that if you have lost your card for more than 2 banking days since capture, your card will be deactivated.
I withdrew my funds using my card but no cash was dispensed and my account was
debited.
Please e-mail us at hellopagibig@aub.com.ph with the Subject ‘Debit Without Dispense’ and
include the following information:
- Account Name:
- Account Number:
- ATM Bank & Location:
- Amount:
- Screenshot of Debited Amount:
What should I do if I lose the card?
Don't worry, you will not lose your Prepaid Account nor balance when you lose your card. Call the AUB hotline at (02) 8282-8888 or 1-800-10-282-8888 and report your card as lost for immediate blocking. You may visit any of the designated Pag-IBIG branches to avail of another card.
Is there a fee for card replacement?
The card replacement fee is Php 125.00.
What do I do if my card cannot be read by the AUB ATM?
Visit any AUB branch for assistance in checking your card. In case this is defective, we may endorse to have your card replaced for free upon validation.
3. Hello Pag-IBIG Mobile Application
What is the Hello Pag-IBIG app?
The Hello Pag-IBIG app is a companion app for your Pag-IBIG Loyalty Card Plus. You may register your card for the service to gain access to additional digital banking features for your account.
What are the requirements to register for Hello Pag-IBIG app?
You need the following to register to the app:
- Pag-IBIG Loyalty Card Plus powered by AUB
- Access to mobile number
- Smartphone with camera and stable internet connection
I don't have a Pag-IBIG Loyalty Card Plus yet, may I apply for the card using the app?
No, you may not. To register for the service, you must have already been issued a Pag-IBIG Loyalty Card Plus powered by AUB. Please go to https://www.aub.com.ph/hellopagibig for more details.
Can I check my Pag-IBIG contributions or apply for a Pag-IBIG loan through the app?
No, you may not. These features are not available through the app. You may contact the Pag-IBIG Fund for further inquiries.
Why should I register my Pag-IBIG Loyalty Card Plus?
Hello Pag-IBIG provides added convenience in managing your Pag-IBIG Loyalty Card Plus and AUB Prepaid Account:
- Block/Unblock your card wherever you are
- Change your card's PIN anytime through the app
- View your balance and check all transactions
- Access features like Pera Padala, Buy Load, Pay Bills, and Hello Pag-IBIG Mastercard
How do I cash-in to my Hello Pag-IBIG account, is it different from cashing-in to my
Pag-IBIG Loyalty Card Plus Prepaid Account?
Your Hello Pag-IBIG account is the same account as your Pag-IBIG Loyalty Card Plus Prepaid Account. Any changes in the balance of your bank account will reflect on both your card and your mobile app.
I registered my previous Pag-IBIG Loyalty Card Plus, however, I just had this replaced
with a new one. How do I register my new card number?
You do not need to register your new card number. Upon issuance of your replacement Pag-IBIG Loyalty Card Plus, the app will automatically update to your latest active card number.
Can I access Hello Pag-IBIG account in my personal computer/laptop?
No, you may not. Your Hello Pag-IBIG account may only be accessed from your registered mobile device.
I tried logging in to a separate mobile device, it was asking me to register my device.
What does this mean?
As an added security feature, you may only access your account on one (1) primary registered device at any time. If you will be registering a new device to your account, simply login from the new device you wish to use then follow the on-screen instructions to proceed.
I failed to input the correct password during login and now it says that my account is
locked. How do I have my account unlocked?
To unlock your account, press the 'Forgot Password' link on the login page. Follow the on-screen instructions to elect a new password. Once this is done, you will be able to access your account with your new password.
I lost my primary registered device, how do I block access to my account?
Login your account from a different device and register this as your new primary device in order to block access on previous mobile device.
Is there any charge for making a bills payment transaction through the app?
AUB does not charge for transaction fees. While there are some billers that charge a service fee for processing the transaction, most of our billers in Hello Money have no transaction fee.
When will my payment be credited to the biller?
Regarding payment posting, we highly suggest that you check directly with your biller. Your bills payment should be posted within 1-3 banking days.
If I encounter a problem with my payment/funds transfer through the app, what do I do?
Automatic reconciliation shall apply within the next banking day which excludes weekends and public holidays. If your transaction is on a Friday, the next banking day is on the coming Monday. If it happens that after such time your funds would remain uncredited, kindly email us at hellopagibig@aub.com.ph with the details of your transaction:
- Account Name:
- Account No.:
- Transaction Reference #:
- Amount:
- Date & Time of Transaction:
If I do a funds transfer to the wrong account, can I have it reversed?
Once you confirm your payment, charges and transfer of funds cannot be reversed. Please ensure to check all details before proceeding with your transaction.
Thursday, September 22, 2022
Marilene C. Acosta Pag-IBIG CEO
____________________________
Marilene C. Acosta Appointed as Pag-IBIG Fund CEO
In a letter released by Malacañang on Monday (19 September), Marilene C. Acosta has been appointed as acting Chief Executive Officer of Pag-IBIG Fund, succeeding Acmad Rizaldy P. Moti as head of the country’s leading home financing agency.
Acosta, who hails from Narvacan, Ilocos Sur, has been with Pag-IBIG Fund since 1981. A Certified Public Accountant (CPA) and Career Executive Service Officer (CESO) V, she rose from the ranks since starting her career as an accounting clerk in Pag-IBIG Fund’s Baguio Regional Office. During her tenure as Pag-IBIG Fund Deputy CEO for Home Lending from March 2017 to September 2022, the agency released consistent record-highs in housing loans, which then enabled a record-high number of members to acquire their own homes.
“I am grateful for the trust that the President Ferdinand Marcos, Jr. and our Chairperson, DHSUD Secretary Jose Rizalino Acuzar have given me on being appointed to this post. I also thank outgoing CEO Moti and my fellow Lingkod Pag-IBIG for their support, as well as the Organization of Socialized and Economic Housing Developers in the Philippines (OSHDP), Inc. and the Subdivision and Housing Developers Association (SHDA), Inc. for their endorsements. I assure all of them, as well as our members, partner-developers, partner-employers and stakeholders, that we at Pag-IBIG Fund shall remain committed in providing them responsive and excellent service. My more than 40 years of public service in Pag-IBIG Fund has prepared me well for this post, and I will put to best use all that I have learned during the past four decades in ensuring that we continue the fulfillment of our mandates and in providing Tapat na Serbisyo, Mula sa Puso,” Acosta said.
Outgoing Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti, meanwhile, hailed Acosta’s appointment. He said that this would ensure continuity in the agency’s directions towards sustaining and building on the many gains it has accomplished over the recent years.
“CEO Acosta’s leadership, excellence, integrity, and grit are among the key factors that have enabled Pag-IBIG Fund to accomplish numerous record-highs and milestones, particularly in the home financing front. Her appointment shall allow the continuity and sustainability of Pag-IBIG Fund’s efforts to uplift the lives of all Filipino workers. I truly wish her and Pag-IBIG all the best,” Moti said.
Moti leaves Pag-IBIG Fund in its strongest-ever state, posting significant increases in key metrics from 2016 - the year prior to assuming his post as CEO. As of August 2022, the agency has P795.93 billion in total assets, an 81% increase from P439.30 billion as of yearend 2016; a P100.8 billion single-year home loan release in 2021, a 76% increase from the annual home loan takeout of P57.3 billion six years ago; P25.95 billion voluntarily saved by members in MP2 Savings in 2021, a 3,065% increase from the P0.82 billion saved in 2016; investible funds amounting to P92.56 billion, a 49% increase from P62.15 billion in 2016; and, an annual net income of more than P30 billion for five consecutive years since 2017.
Saturday, September 17, 2022
Executive Leadership Team of the Year 2022
Pag-IBIG Fund Management is Circle of Excellence Awardee - Executive Leadership Team of the Year in the 2022 Asia CEO Awards!🏆
Congratulations to our Senior Management Committee, CEO Acmad Rizaldy P. Moti, Deputy CEO for Home Lending Operations Marilene C. Acosta, Deputy CEO for Member Services Operations Alexander Hilario G. Aguilar, Deputy CEO for Support Services Atty. Robert John S. Cosico, and Vice President for the Legal and General Counsel Group, Head of Compliance, and Chief Legal Counsel, Atty. Marcial C. Pimentel, Jr. for being recognized as one of the best leadership teams among private and government organizations in the country.
We are proud of you for embodying the spirit of a Lingkod Pag-IBIG!
Sunday, September 11, 2022
Pag-IBIG Launches Official Mobile App
Pag-IBIG Launches Official Mobile App
Pag-IBIG members can now view their Pag-IBIG Savings and annual dividends, payments history, and loan balance and dues using their mobile phones with the launch of the agency's official mobile app - the Virtual Pag-IBIG Mobile App - its top officials announced Thursday (18 August).
The mobile app allows members to view their Pag-IBIG Savings and annual dividends, confirm savings remitted and loan payments made through all channels, and monitor their loan balances and due dates. The mobile app can be accessed by members using their Virtual Pag-IBIG accounts to ensure data protection and security.
Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti, meanwhile, stated that members can expect more services to be made available via the Virtual Pag-IBIG Mobile App over the coming weeks. These services include online application for housing and cash loans, as well as online payments.
“We developed the Virtual Pag-IBIG Mobile App following the success of our online service facility, the Virtual Pag-IBIG, which has now served over 3.6 million members since its launch in 2019. And, just like our online service facility, we shall continuously develop our mobile app to have our full range of services so that it can provide all our members another safe, convenient and secure means of accessing their Pag-IBIG benefits, 24/7. With the Virtual Pag-IBIG Mobile App, we are truly bringing Pag-IBIG Fund’s services to the palm of our members’ hands,”Moti said.
The Virtual Pag-IBIG Mobile App is now available via Google Play at:
https://bit.ly/VirtualPag-IBIG
Thursday, August 18, 2022
Virtual Pag-IBIG App
Good News sa ating VIRTUAL PAG-IBIG ACCOUNT!
What's New!
▪︎ Login
-Allows user to login using their Virtual Pag-IBIG web account.
-Terminate session after 1 minute of inactivity
▪︎ Homepage
-Allows user to view the following:
◼ Last login details
◼ Latest news and announcements from the Fund
▪︎ Products
-Allows viewing of the following transaction details:
◼ Regular Savings
◼ MP2 Savings
◼ Multi-Purpose Loan
◼ Calamity Loan
◼ Housing Loan
◼ Online Payments
Virtual Pag-IBIG App- The official mobile app of Pag-IBIG Fund.
Viewing your Pag-IBIG records just got easier with the Virtual Pag-IBIG Mobile App!
With your mobile device, now you can:
• View the record of your Pag-IBIG Regular Savings
• See the growth of your Modified Pag-IBIG 2 (MP2) Savings
• Monitor annual dividends earned by your Pag-IBIG Regular Savings and MP2 Savings
• Track your Pag-IBIG Housing Loan Payments
• Track payments for your Pag-IBIG Multi-Purpose Loan (MPL)
• Check the outstanding balance of your loans anytime.
Install now to feel Pag-IBIG anywhere you go!
ANDROID DOWNLOAD HERE:
https://bit.ly/VirtualPag-IBIG
For more information, go to https://pagibigfunds.blogspot.com, call 8PagIBIG or (02) 8724-4244, or send an e-mail to contactus@pagibigfund.gov.ph.
Tuesday, August 9, 2022
Pag-IBIG Members surges to P19.40B up 47%
Pag-IBIG members save record-high P38.82B in H1 2022, up 23%; MP2 surges to P19.40B up 47%
Pag-IBIG Fund members collectively saved P38.82 billion in the first six months of the year, an increase of P7.23 billion or 23% compared to the P31.59 billion collected during the same period last year. This set a record for the highest amount saved by members with the agency for any January to June period.
“I am happy to note Pag-IBIG Fund's excellent performance in its members' savings collections. Our strong collections mean that we have funds to finance our programs and continue providing affordable home and cash loans for our members. This is our contribution to the call of President Ferdinand R. Marcos, Jr. to resolve the country’s housing backlog and provide a better life for Filipinos,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.
Driving the double-digit growth is the continuing popularity of the agency’s voluntary Modified Pag-IBIG 2 (MP2) Savings. MP2 Savings amounted to a record-high P19.40 billion in the first half of the year, growing 47% from the P13.23 billion collected during the same period last year.
Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti, meanwhile, attributes the agency’s record-high collections to the trust of members in preferring to save with Pag-IBIG Fund, and the support of the business community for the proper and on-time remittance of their employees’ Pag-IBIG Savings.
“The continued growth of our members’ savings is truly remarkable. We are grateful to the business community for responsibly remitting the Pag-IBIG contributions of their employees on time, and to our members for their continued trust in saving with Pag-IBIG, particularly in the MP2 Savings. Should the upward trend in our collections hold, we expect another record-high in terms of total members’ savings by the end of the year. More importantly, with our robust fiscal position, we are confident that we can continue to finance the increasing demand for our loans while keeping interest rates low. This is one of our ways of bringing Tapat na Serbisyo, Mula sa Puso to our members,” Moti said.
Thursday, August 4, 2022
Buy Bo's Coffee & Enjoy 20% Discount!
Enjoy 20% discount on food and beverage at Bo’s Coffee! Just show Pag-IBIG Loyalty Card or Loyalty Card Plus upon purchase. Discount will be applied to purchases worth at least P500. Maximum discount set at P200.
More discounts? More rewards? Meron din sa iba pa naming partners. Kaya always take your Pag-IBIG Loyalty Card or Loyalty Card Plus wherever you go!
See the list of discounts from our partners by clicking here: www.pagibigfund.gov.ph/loyaltycard.html
PAG-IBIG LOYALTY CARD BENEFITS!
The Pag-IBIG Loyalty Card Plus allows you to enjoy exclusive discounts and rewards on your grocery purchases, tuition fee, hospital bills, fuel expenses, restaurant bills and many more from our more than 300 partner-establishments nationwide.
And now, you can also use it as a cash card where you may conveniently receive your Pag-IBIG Multi-Purpose Loan (MPL) proceeds, MP2 Savings dividends, and other benefits.
HOW TO APPLY Pag-IBIG Loyalty Card Plus ...
Basic Requirements:
1. Pag-IBIG Loyalty Card Plus Application Form.
2. One (1) photo of valid ID Card for verification.
3. Card Fee (150.00)
4. Photo shot and Biometrics.
5. Encoding by bank operator.
6. Congratulations! May Pag-IBIG Loyalty Card Plus kana at madadala muna.
PAG-IBIG LOYALTY CARD PLUS BENEFITS CLICK & Check out here:
Buy McDonald Treat Worth P200 & Get 5% OFF!
Discount sa McDo extended hanggang next year! Enjoy a 5% discount when you purchase your McDonald’s favorites for minimum worth of P200.
Just present your Pag-IBIG Loyalty Card Plus or Pag-IBIG Loyalty Card upon ordering.
Valid for Dine-In, Take-Out, and Drive-Thru transactions in any McDonald’s store nationwide. Terms and Conditions apply.
DTI Fair Trade Permit No. FTEB-147950 Series of 2022.
More discounts? More rewards? Meron din sa iba pa naming partners. Kaya always take your Pag-IBIG Loyalty Card Plus or Loyalty Card wherever you go! See the list of discounts from our partners by clicking here:
More info:
Saturday, July 9, 2022
7 Ways to Earn Extra Income
An Income stream as the amount of money that keeps coming in or produced from an investment, or by selling products or services. Or a flow of money that comes from business, investment, or employment.
Today, let's talk about the 7 most common income streams that can help you generate extra cash flow.
Yes, you can earn more by juggling 2 or 3 jobs. But, you won’t be living life by working non-stop. If you continue to push without managing it right, you’ll tire yourself. Furthermore, it’s not smart or healthy, and you will lose valuable time– for yourself, your family, and for leisure and fun.
To sum it up working more than one job is already tiring and time-consuming. You’re not actually thinking smart or diversifying your income. Adding more of this isn’t efficient. As a popular proverb goes, “Do not put all your eggs in one basket.”
In order to earn extra, you need to have multiple income streams. If done right it will work out to your advantage. But before we discuss the 7 common income streams, let’s first talk about the 2 types of Income streams: Active and Passive.
2 Types of Income Streams
- Active Income. Defined by Investopedia.com as an income stream where you are earning from performing a task related to your job or career. It mostly takes up your time as your involvement is an integral part of it.
- Passive Income. According to corporatefinanceinstitute.com it is any money earned in a manner that does not require too much effort. Basically, it is when you are earning even if you are not working full time for it. A type of extra income that you earn while pursuing your primary job, and does not require your direct involvement. Check out my Passive Income Source here!
Here's the seven ways to earn extra through multiple income streams.
1. Earned Income
This is your main source of income or your primary job. Where you trade your time and skills for money. This is where the majority of us started. However, many did not go past earned income.
Solely depending on earned income is constricting as it is mostly enough to survive. Everything, of course, has an exception as there are jobs that actually pay exceptionally well.
Under the category of earned income are the following: Salaries, Bonuses, Commissions, and Tips.
2. Profit Income
This type of income is also called Business Income. In profit, income-you either provide service or make and sell a product more than they actually cost to earn a profit.
For instance, opening a retail store and selling products, offering professional services, and charging for your time.
3. Dividend Income
Another source of income that comes from investing in stocks and owning a share in a company is dividend income.
It’s often a long-term investment to companies that offer higher dividends and stock sharing.
So, how does it work?
A dividend is an amount of money paid to you annually. How much you will receive will be based on the number of stocks you own in a company and the dividend rate the company is giving. The more stocks you own, the more dividends you will receive.
You can Save in MP2 Savings Program. Pag-IBIG Fund sets aside at least seventy percent (70%) of its annual net income and credits it proportionately to its members’ Pag-IBIG Savings as dividends. This means that the more one has saved, the higher dividends that member shall earn.
Pag-IBIG Fund invests at least 70% of its investible funds in housing finance, as required by its Charter. It also invests in government securities and corporate bonds.
The Pag-IBIG MP2 Savings, being a voluntary program, earns a higher dividend rate than the mandatory Pag-IBIG Regular Savings.
HERE ARE THE MP2 SAVINGS DIVIDEND RATES OVER THE PAST 11 YEARS.
Year and MP2 Savings Dividend Rate:
2021 = 6.00%
2020 = 6.12%
2019 = 7.23%
2018 = 7.41%
2017 = 8.11%
2016 = 7.43%
2015 = 5.34%
2014 = 4.69%
2013 = 4.58%
2012 = 4.67%
2011 = 4.63%
4. Rental Income
Rental income is a source of income that comes from owning property or something that you rent out.
If you buy a house, condominium unit, or a commercial building and lease them out, the money you earn from them is called rental income. Of course, such acquisition requires a substantial initial investment but is still a great source of additional income.
5. Capital Gain Income
This is the money you earn when you sell a capital asset. It can be in a form of stocks, a piece of art, or real estate property such as a parcel of Land.
One example I can site for capital gain income is memorial lots. This type of real estate investment is easy and hassle-free with Low Capital Requirement, Low Risk, and High Return.
Moreover, it is affordable and offers a lucrative return. This type of investment has become recently popular among young professionals, millennials, and even Filipino Expat who are starting up in investing and multiplying their income.
6. Interest Income
This income comes from lending out your money at an Interest. This could mean a CD, P2P lending, real estate crowdfunding, funding fix-and-flip debt deals, or simply money in a savings account.
An example of this is Time Deposit Savings where you deposit a certain amount of money, keep it in the bank, and withdraw it after a certain period at a higher interest rate than your standard savings account.
You can open a Digital Bank Account like DISKARTECH to earn higher interest.
Ang DiskarTech ay ang first and only Taglish financial super app! Madali nang maabot ang #BuhayGinhawa.
All-in-one na online banking services ang hatid ng DiskarTech. Sa iisang mobile app hindi na lang pwede magbayad ng bills, magpadala ng pera, at magpa-load. Pwede na ding magbukas ng savings account, mag-loan at mag-apply ng insurance!
Ito ang tamang diskarte.
I-download mo lang ang App sa: https://diskartech.ph/ at i-verify mo lang ang account mo gamit ang code ko na'to: ABSX8247.
Kailangang dumiskarte?
Kaya ng super app natin ‘yan!
- SAVINGS - Ipon Goals? Create your savings account gamit ang isang VALID ID.
- WITHDRAW/DEPOSIT - Di'na kailangan sa branch, real-time pa ang transaction.
- E-LOAD - Load-an na ang sarili. May ePINS ding available.
- BILLS PAYMENT - 'Wag magpahuli sa due date, pweding bayaran 'yan dito.
- FUND TRANSFER - Safe na ipadala ang pera kahit saan pa 'yan.
- QR SCAN - Yung square na barcode? May Scanner para dyan.
- GOVERNMENT PAYMENT - Magbayad bago pumunta para iwas-pila na.
- TELEMEDICINE - Checkup, gamot at iba pa deretso na sa bahay mo.
- INCOME GENERATION - Mag-refere ng users at kumita up to 30K sa verified account.
- DISKARTECH LITE - Qualified sa ayuda? Pwede kaming payout partner.
- INSURANCE - For as low as P20 insured kana.
7. Royalty Income
Finally, we have royalty income or licensing. It’s where you create a product, idea, or process, let someone use it and in return, you make a small fee.
An example is Burger Joints or Fast Food Companies that franchise their store. They, as the franchisor, earn royalty income from their franchise.
I hope this article has been helpful to you. You may have also realized that we are giving focus on our earned income and have not explored other income streams that can also help you earn extra and build your net worth.
I suggest you spend time and learn more on how you can earn capital gains by investing in Home-Based Business, as I have found this Passive Income stream beneficial to me not just in the present but in the years to come.
How Can We Save In Recession?
How Can We Save In Recession?
Here are seven tips to protect yourself whether a recession is coming or not.
- Don't be afraid of a bear market.
- Don't try to time the market.
- Get rid of your credit card debt.
- Stockpile savings.
- Establish a backup to your emergency fund
- Don't underestimate the power of having bonds in your retirement portfolio.
- Get a side gig.
The real success story begins with a hardship in life. starting from there, the journey is full of passion, focus and consistency to continue to change lives from ordinary to extraordinary. What is the story behind his success? Spend your time with CD Wenefredo & Rosita Baay (Philippines) in the slot 'Ordinary to Extraordinary Life'. Stay tuned.
8 Money Saving Tips During a Recession
Recession again? Just when we all thought we were coming out on the brighter end of the tunnel, it seems like we’re off to singing another Annie Lenox song... wait for it -here comes the rain again! But don’t you fret because recessions don’t have to hit so hard if you can prepare and manage your lifestyle and expenses for it, kabayan!
Since 2020, the Philippines has been in a drawn-out recession, aggravated by the economic impact of the pandemic and other global events. Prices for goods and commodities have been rising, prompting some politicians to advise Filipinos to tighten their belts in the coming months. With geopolitics and other global events impacting the global economy, we’re set to meet another recession. This again begs the relevant question of ‘How to save money in a recession?’. What are the best ways we can avoid these high costs while maintaining our savings and livelihood?
Part of 'adulting' is dealing with situations over which we have no control and making the best of what life throws at us. And as hoomans, we are completely capable of finding both old and new alternatives to keep life moving and avoid letting the costs of living get the best of us. Remember that previous generations (the boomers and Gen X'ers) have already been through terrible recessions and found ways to manage their expenses. Worry not, young Padawans, because you can do it as well.
To help, here are some money-saving tips during a recession, hun.
1. Think Before You Act
This may sound weird for a first tip, but it really is you putting your thinking brain ahead of your heart. We frequently let our fear get the best of us, leading to irrational decisions. Irrationality may lead you to make decisions that have a significant impact on your finances. So, rather than panicking, it is better to just observe things first. Remember that recessions do not last indefinitely. Feel your emotions, but don't let them overwhelm you.
2. Create A Financial Plan
Now that we've calmed you down after you panicked due to the high costs and inflation, it's time to start thinking about a financial plan. Getting out of this recession means devising a strategy to maintain control over your own life, and having a financial plan can help you get ahead. Begin by listing your budget, savings and investment plans, and financial goals. Financial planning can assist you in determining your monthly expenses. This is one money-saving tip that will undoubtedly come in handy during a recession.
3. Start Getting Rid Of Your Credit Card Debt
Credit card debt can spell danger so make sure that you’re able to pay off your balances as soon as possible. Interest rates can increase quickly during recessions. Consider looking at alternatives like low-interest personal loans or balance-transfer credit cards if you want to spread out your payments. Try switching to credit cards that offer 0% APR if you have high-interest debt to transfer. To inquire about interest rate reductions, you might also try calling your current credit provider.
4. Save While You Can
Save as much of your extra cash as you can now because a recession could swiftly deplete it. Save, save, save since economic downturns can significantly alter everyone's situation. An alternative is to think of expenses as a shared obligation. Get a roommate who will help you divide the costs of living or who will assist you split other expenses. Inflation is real, my friend. So “KKB” and “hati tayo” can really help during this time. Even better, why not save together? Learn more in tip number 8.
5. With Saving Comes Living Frugally
One of the few ways to achieve, maintain, and taste financial stability is to live your life frugally. It’s a tip that is tried and tested over the years. Start tracking your own expenses and then cut spending. Commit to days or months where you only eat at home and cancel subscriptions that you no longer use. Also, stop getting ‘budol’-ed by online shopping. Delay your purchases and retail therapy dreams for a while. We know it’s tempting every time the double digit sale comes out but be conscious of your savings and get what you really need.
6. Get A Side Hustle
There is a risk for unemployment rise during a recession so having multiple streams of income can help if you lose your job. A side hustle can help maintain your finances and save up for money too. Nowadays, you can find a lot of online jobs and many employers are begging for new workers too. If you think this is the best time to apply for a part-time job at Adonis, might as well! We’re kidding but there are plentiful ways to earn that extra cash so grab what you can and continue building up your savings.
You can also start doing Home-Based Business.
Find a product you consume every day and talk about it to others, as before, when no financial interest linked you? It's that simple! Nothing more!
I have two good news:
You do not need to search no longer, you have found this product: the ganoderma coffee!
You Can do it too!
- Do you hate pedlary?
- Do you feel you can not sell anything?
- You can not stand the mass crowd events, where everyone is clapping?
- Are you fed with the pushing sales technics?
- You do not want to invite your relatives and friends to product previews by using different tricks, and after it they would be angry?
- Would you like to be financially independent and therefore are you willing to work hard, but comfortable from home?
- You have no money to launch a company or you want to escape the rat race of your own company?
If your answers were mainly yes to the questions above, online network building was invented for YOU!
Why Online Networking?
Because there is no nicer thing, when your professional website (i do not mean the thousands of amateur product preview sites) is working instead of you 24 hours a day!
If you have decided to go deeper into the mysteries of online networking and to start the building of your financial independence there is a vast of information on the internet. Professional and self-styled gurus offer their selves and solutions to your life.
I have got a bad news, but this should be clarified in the beginning: it will not run without work! In spite of the professional marketing and other materials, for your success the most important is YOU! If you have preservance left, read on!
There is no study available for download on this page and I do not want to sell anything to you. I want to attract your attention to an Opportunity. My success is guaranteed without you, but for yours, you need yourself!
7. Have An Emergency Fund
A lot of people say that you should save for at least six to a one-year worth of savings for an emergency fund, in case anything happens. But do you know where to put your emergency fund? We recommend that you put up your emergency fund into a high-yield savings account because they offer higher interest rates and are more convenient when you need to access your money at any time. You can easily open a high-yield savings account online through traditional or digital banks.
8. Save With Your Family and Friends with a Group Stashing
A Group Stash is one method of saving money during a recession. A Group Stash, also known as 'paluwagan' in Filipino, is a non-interest saving and borrowing method. It's a method of pooling savings funds among close friends or, better yet, family. Now that we are in a recession, it is important to encourage members of the household to have this extra source of funds in times of need. Group stashing (yes it can also be a verb, hun!), also allows you to develop the habit of disciplined saving and keeps you from individually depleting your finances. If you want to survive the current recession, you should start saving with your OGs!
Tonik is one of the best places to open a high-yield savings account today. When you open a solo or group account with Tonik Digital Bank, you can earn up to 6% in interest. When you open an account with them, no initial deposit is required. The balance between maintaining and earning interest is zero. One of the products they provide is Group Stash, which is a safe way to save money with family and friends. With their Group Stash, you can invite a minimum of three people to save money with you. Members must contribute at least one peso for the Group Stash to earn 4.5 percent interest per year. If you need to withdraw, you'll need to ask your Group Stash owner, so choose someone trustworthy and responsible to ensure your savings are safe. What can you do with the Group Stash? It can be used to save money for emergency funds, bills, travel goals, tuition fees, or a new car. Furthermore, with their enhanced security features, you can prevent fraud when doing online transactions. It's quick, dependable, and will take your relationship with banking to a whole new level.
These are money saving tips during a recession. Make sure to take these hacks to heart and remember, no cheating on your financial goals, luv. Saving is a long-term plan and you need all the motivation that you can get.
Share these tips to your friends and family & to people we care about, so they know how to survive a recession with you! Happy saving!
Tuesday, July 5, 2022
Daddy, May I Please Borrow 75 Pesos?
A man came home from work late, tired and irritated, to find his 7-year old son waiting for him at the door.
SON: 'Daddy, may I ask you a question?'
DAD: 'Yeah sure, what is it?' replied the man.
SON: 'Daddy, how much do you make an hour?'
DAD: 'That's none of your business. Why do you ask such a thing?' the man said angrily.
SON: 'I just want to know. Please tell me, how much do you make an hour?'
DAD: 'If you must know, I make 150 pesos an hour.'
SON: 'Oh,' the little boy replied, with his head down.
SON: 'Daddy, may I please borrow 75 pesos?'
The father was furious, 'If the only reason you asked that is so you can borrow some money to buy a silly toy or some other nonsense, then you march yourself straight to your room and go to bed. Think about why you are being so selfish. I don't work hard everyday for such childish frivolity's.'
The little boy quietly went to his room and shut the door.
The man sat down and started to get even angrier about the little boy's questions. How dare he ask such questions only to get some money? After about an hour or so, the man had calmed down , and started to think: Maybe there was something he really needed to buy with that 75 pesos and he really didn't ask for money very often.
The man went to the door of the little boy's room and opened the door. 'Are you asleep, son?' He asked. 'No daddy, I'm awake,' replied the boy. 'I've been thinking, maybe I was too hard on you earlier' said the man. 'It's been a long day and I took out my aggravation on you. Here's the 75 pesos you asked for.' The little boy sat straight up, smiling. 'Oh, thank you daddy!' he yelled.
Then, reaching under his pillow he pulled out some crumpled up bills. The man saw that the boy already had money, started to get angry again. The little boy slowly counted out his money, and then looked up at his father. 'Why do you want more money if you already have some?' the father grumbled. 'Because I didn't have enough, but now I do,' the little boy replied.
'Daddy, I have 150 pesos now. Can I buy an hour of your time? Please come home early tomorrow. I would like to have dinner with you.'
The father was crushed. He put his arms around his little son, and he begged for his forgiveness.
It's just a short reminder to all of us working so hard in life. We should not let time slip through our fingers without having spent some time with those who really matter to us, those close to our hearts.
Do remember to share that 150 pesos worth of your time with someone you love. If we die tomorrow, the company that we are working for could easily replace us in a matter of hours...
But the family & friends we leave behind will feel the loss for the rest of their lives.
Wednesday, June 29, 2022
P40.41B Home Loans in Jan-May 2022
Pag-IBIG Fund releases record-high P40.41B Home Loans in Jan-May 2022, up 15%
Pag-IBIG Fund again surpassed its own record by releasing over P40 billion in home loans in the first five months of 2022, top officials announced on Tuesday (June 28).
From January to May, the agency released home loans worth P40.41 billion, the highest ever amount released during the first five months of any year in its history. Compared to the same period last year, the amount disbursed so far this year grew 15% from the P35.28 billion released during the same period in 2021.
“Pag-IBIG has once again set a new record in the amount of home loan releases to begin the first five months of the year. We are happy that the number of Filipino workers who are able to become homeowners through the Pag-IBIG home loan programs continue to grow. Our consistent performance also indicates that the home loan policies we have set in place have been effective, and we expect that these would continue to enable even more Filipino workers to have decent and affordable homes in safe, sustainable and resilient communities,” said Secretary Eduardo D. del Rosario, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.
Meanwhile, Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti said that the amount released as of May financed the acquisition and construction of 36,865 homes for Pag-IBIG Fund members, 5% higher than the 34,979 homes financed during the same period last year.
He added that out of the total number of homes financed, 6,787 or 18% were socialized housing units which are now owned by minimum-wage and low-income workers and their families.
“Last year, we surpassed the P100-billion peso level in home loan releases, a feat we previously thought was impossible. This year, with our record-high home loan releases from January to May, we are optimistic that Pag-IBIG Fund is well on its way to yet another banner year. Should the current trend hold, we expect to release at least P105 billion pesos in home loans by year's end. I am confident that our outstanding performance on the home loan front will be sustained, especially under the leadership of our Deputy CEO for Home Lending Marilene C. Acosta, who has been instrumental in our record-breaking performance in home loan releases since 2017”, Moti said.
Read More Below To Learn More About Our Pag-IBIG Savings Program!
Saturday, June 25, 2022
Get a Multi-Purpose Loan (MPL)
APPLY FOR A SHORT-TERM LOAN
Get a Multi-Purpose Loan (MPL) or Calamity Loan without having to go to our branches.
It’s SAFER and MORE CONVENIENT.
Before getting started, please make sure to prepare the following:
1. LOAN APPLICATION FORM
Photo or scanned copy of your LOAN APPLICATION FORM, containing the required information, your signature, the signature of your employer (if employed) and signature of two (2) witnesses.
To help you fill in your application form, see our APPLICATION FORM GUIDE:
2. ONE (1) VALID ID
Photocopy or scanned copy of ONE (1) of your VALID IDENTIFICATION (ID) CARDS
(See sample like this) ...
3. CASH CARD
Your CASH CARD, which can be your Loyalty Card Plus issued by Asia United Bank (AUB) or Union Bank of the Philippines, LandBank of the Philippines (LBP) or United Coconut Planters Bank (UCPB) cash card.
4. SELFIE PHOTO
Selfie photo showing your ID Card and Cash Card
(See sample like this) ...
Friday, June 24, 2022
Bank with High Interest
Meron kana ba DISKARTECH DIGITAL BANK?
Ano ba ‘to?
Ang DiskarTech ay ang first and only Taglish financial super app! Madali nang maabot ang #BuhayGinhawa.
All-in-one na online banking services ang hatid ng DiskarTech. Sa iisang mobile app hindi na lang pwede magbayad ng bills, magpadala ng pera, at magpa-load. Pwede na ding magbukas ng savings account, mag-loan at mag-apply ng insurance!
Ito ang tamang diskarte.
I-download mo lang ang App sa: https://diskartech.ph/ at i-verify mo lang ang account mo gamit ang code ko na'to: ABSX8247.
NegosyanTech Referral Incentive
1. Paano makakuha nito?
Ang NegosyanTech referral incentive ay nakukuha ng isang DiskarTech app user sa bawat successful na account verification ng mga na-refer na bagong DiskarTech app users.
May incentive din ang bagong DiskarTech app users na gagamit ng NegosyanTech code sa pag-register pagkatapos ma-verify ang account nila.
Lahat ng verified DiskarTech app users ay may sariling NegosyanTech code.
2. Magkano ang NegosyanTech referral incentive?
Instant PHP 30.00 ang makukuha na NegosyanTech referral incentive ng DiskarTech app user sa bawat successful na account verification ng mga na-refer na bagong DiskarTech app users.
Meron ding matatanggap na libreng personal accident insurance na may coverage na may coverage na PHP 70,000.00 na underwritten ng Malayan Insurance Corporation.
3. Paano malaman ang NegosyanTech code ko?
Pindutin ang “Account” sa baba ng DiskarTech app. Sa susunod na page ay pindutin naman ang “Mag-invite ng friends sa DiskarTech”. Ang 8-character NegosyanTech code mo may apat na letters at apat na numbers.
Pwede ‘tong i-copy o diretso nang i-share via SMS o sa iba pang apps.
4. Kailan matatanggap ang NegosyanTech referral incentive?
Agad na matatanggap ang NegosyanTech referral incentives pagkatapos ma-verify ang account ng bagong DiskarTech app users. Real-time at automatic ‘to.
Sabay na maki-credit ang incentives sa accounts ng nag-refer na DiskarTech app user at bagong verified na DiskarTech app user.
5. Gaano kalaking NegosyanTech referral incentive ang pwede kong makuha?
Hanggang PHP 30,000.00 kada buwan ang pwede mong makuhang NegosyanTech referral incentive. Kaya i-share na sa mga kaibigan at kapamilya ang DiskarTech app at ang NegosyanTech code mo.
Kung wala kapa Digital Bank Account, feel FREE na makapag open ka ngayon, narito ang details sa baba ...
DiskarTech Digital Bank (by RCBC)
✔️no maintaining balance
✔️no initial deposit required.
✔️earn 3.25% to 4% p.a. interest.
✔️free to open in less than 10 minutes.
✔️pay bills.
✔️buy and sell loads.
at marami pang iba ...
I-download mo lang ang App sa: https://diskartech.ph/ at i-verify mo lang ang account mo gamit ang code ko na'to: ABSX8247.
* DiskarTech is a digital product of Rizal Commercial Banking Corporation (RCBC). RCBC is regulated by the Banko Sentral ng Pilipinas (BSP).
* Deposits are insured by PDIC up to P500,000 per depositor.
Tuesday, June 21, 2022
Saturday, June 18, 2022
Bank with High Interest & No Fees!
Meron kana ba DISKARTECH DIGITAL BANK?
Ano ba ‘to?
Ang DiskarTech ay ang first and only Taglish financial super app! Madali nang maabot ang #BuhayGinhawa.
All-in-one na online banking services ang hatid ng DiskarTech. Sa iisang mobile app hindi na lang pwede magbayad ng bills, magpadala ng pera, at magpa-load. Pwede na ding magbukas ng savings account, mag-loan at mag-apply ng insurance!
Ito ang tamang diskarte.
Kung wala kapa Digital Bank Account, feel FREE na makapag open ka ngayon, narito ang details sa baba ...
DiskarTech Digital Bank (by RCBC)
- no maintaining balance
- no initial deposit required.
- earn 3.25% to 4% p.a. interest.
- free to open in less than 10 minutes.
- pay bills.
- buy and sell loads.
- at marami pang iba ...
I-download mo lang ang App sa: https://diskartech.ph/ at i-verify mo lang ang account mo gamit ang code ko na'to: ABSX8247.
* DiskarTech is a digital product of Rizal Commercial Banking Corporation (RCBC). RCBC is regulated by the Banko Sentral ng Pilipinas (BSP).
* Deposits are insured by PDIC up to P500,000 per depositor.
Per DTI Fair Trade Permit No. FTEB-139603 Series of 2022.
Mag Enrolled na sa Digital Tonik Bank for FREE.
- Earning 4% interest p.a. for Regular Savings
- Earning 6% interest for your Time Deposit
- No Monthly & Yearly Fees.
- FREE charge ATM Balance Inquiry.
- FREE charge ATM Withdrawal.
- No Maintaining Balance Required.
- FREE Virtual Debit Card.
- Shop
- Pay Bills.
- And make more transaction online.
Referral Code: TIYWED6
KABAYAN, I invited you to join Tonik. Get ₱60 when you enter Referral Code TIYWED6 within 3 days of your successful ID upload and top up any amount.
Learn more & Download Tonik App here:
https://tonikbank.com/tonik-referral
Referral Code: TIYWED6
Get the ₱60 + ₱60 Referral Bonus by inviting your friends.
1. Open your Tonik App
Complete the onboarding process to get a Tonik Account.
2. Click on Friends with Benefits on your profile
Go to your user profile and then click on the Friends with Benefits button (second button below your profile pic and name), to get your code.
3. Share the unique code to as many friends as you want
The more the merrier! Share the luv with no limit as to how many you can invite.
4. Get ₱60 for every successful referral
Make sure your friend inputs your code correctly. Please tell your friends to follow the 4-steps process below.
Claim your ₱60 after getting invited by your friend. Here’s how:
1. Sign up for a Tonik Account:
Complete the onboarding process to get a Tonik Account.
2. Verify your Tonik Account by uploading an ID:
Upload your ID if you haven't done so yet during onboarding. Go to the next step after you've uploaded your ID.
3. Input Referral Code:
Tap the user icon on the top left part of your Tonik App dashboard, click on "Friends with Benefits," and it'll lead you to a space where you can input your buddy's referral code.
*NOTE: Make usre to place the CODE within 3 days of your ID's successful upload.
4. Top up your Tonik Account:
Top up any amount through our top-up channels (PESONet, your ex-bank's debit card, over-the-counter or other online top-up methods in the Tonik App).
After these 4 steps, you’re good to go!
We’ll credit the reward after the end of the month.
Download the Tonik App and learn more here:
https://tonikbank.com/tonik-referral
**Referral Code: TIYWED6
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