Personal Finance Pinoy Style

The COVID-19 pandemic forced our country to expedite the assimilation of electronic commerce or e-Commerce. All government institutions and instrumentalities are being required to implement online transactions and online payment to help with social and physical distancing so as to prevent the spread of the virus. Electronic wallets or e-Wallets is now at the forefront of the e-Commerce transaction, allowing for contactless payment, and online payments that you could do anytime and anywhere. Among the e-Wallets available are GCash, Paymaya, Grabpay, Paypal and Coins.Ph. I currently have all of them on my mobile device so that I can make an honest assessment based on my experience using their mobile app. 1. GCash - GCash is an e-Wallet supported by Globe Telecoms, In my opinion GCash is the best electronic wallet in the Philippines. It provides multiple easy cash-in methods some of which you can avail for free. My favorite cash-in method is the BPI online link, which allows me to transfe

If you are spending Php 500.00 on your Globe prepaid load you might be missing an opportunity to gain a Php 25.00 rebate/savings from said transaction. You can buy a prepaid load for yourself or for others and get a 5% rebate on said transaction thru GCash app. This is one of the advantage of GCash, you need not go to your "suking tindahan" (mom and pop store), to buy a prepaid load. You can just do it in the palm of your hands, thru your GCash Mobile App. In the GCash App menu, select Buy Load, then input the cellphone number you wish to buy load for; There you will able to select the desired amount of load or promo load you wish to purchase. Thus if you load GoExtra90, Php 90.00 will be charged against your GCash balance but you will get a rebate of Php 4.50. Please be aware that the maximum rebate is Php 50.00 or equivalent to a Php 1,000. 00 load.  Using GCash you can lessen your exposure from COVID-19 by staying at home and you get a 5% rebate on

You can open a savings account on GCash with CIMB and get as much as 4% interest per annum. I have started a savings account with GCash thru Save Money, and I was able to make saving a regular habit without really trying. Most people fail to realize that they are the last to get paid when they get their wages. They are unaware that the government gets paid first before they get their wages. First Taxes, SSS, Philheath and Pag-Ibig are deducted; second payment for loans is withheld; only then they are given their take-home pay. And the only way to save is if you "pay yourself first" by including your savings as part of your deductible salary and automate and forget about it. After you have fully verified your GCash you can now use GSave or Save Money. Upon setting up your savings account you can automate your savings by scheduling auto-deposit. In auto-deposit you can dictate the frequency and amount of regular deposit; every week, every 2 weeks or every month.

Since we were required to #StayAtHome due to the COVID-19 PANDEMIC, I have been actively looking for other sources of income online. One of which is Paid Online Survey: Milieu Surveys Milieu is a survey app that you can install on your iPhone or android phone. It offers a short surveys that you can do in 2-3 minutes. You can accumulate points that you can exchange for vouchers such as Earn points and redeem them for a range of exciting treats: GCash Puregold vouchers SM Gift Pass Max's Restaurant Voucher Grabpay Prepaid Mobile Credit Started May 23, 2020 I have already accumulated 8,070 points. If you think this is a good opportunity for you, then install the milieu app ( https://play.google.com/store/apps/details?id=com.milieu&hl=en ) and enter this referral code for the opportunity of getting additional 500 points

Applying for a GCash account has been more relevant than ever, due to the COVID-19 pandemic "no-contact payment" is highly encouraged. If you are a Globe subscriber and a smartphone user, a GCash account would prove to be helpful for your financial transactions. GCash provides the following advantages (all from personal experiences) 1. Contactless payment via QR Scanner 2. Electronic payment via the mobile app 3. E-loading with 5% rebates 4. Online bill payment (Meralco, Citibank and other utilities) 5. Electronic transfer of funds to banks and other GCash accounts. 6. An online savings account via GSave thru CIMB Bank 7. An investment account via GInvest thru ATRAM 8. A readily available microfinance loan via GCredit 9. Be a Green Energy saver via GCash Forest You can enjoy all of these by installing and registering for the GCash App by clicking the link. I've shared PHP 70 worth of freebies for you to try it out: https://gcsh.app/r/XsliN8s