“Isang kahig, isang tuka.” Bangko Sentral ng Pilipinas (BSP) revealed that 86 percent of Filipinos don’t have bank accounts. One of the main reasons is not having enough money to open and keep one. A lot of Filipinos think they cannot save for the simple fact that they have low income. If you go through various financial sites in social media, you will see different people sharing their “Saving Challenges”. As you read the comments, you’ll find some people saying that low-income individuals will never be able to do such saving strategies. For a person living paycheck to paycheck, is it… [Read More]
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Topics and articles related to career and employment. Get more information about loans and finance here at Cash Mart Philippines blog.
Personal loans are your financial lifelines. Living in the Philippines, most Filipinos get loans for various purposes. It could be for medical emergencies, education, or your long awaited vacation with the whole family. Utang is part of our culture. And this is why there is a vast type of loans offered by banks and money lenders. Citibank does not hold back when it comes to loan services too. Citibank PH Citibank has been here with us since July 1902. Today, Citi Philippines stands as one of the largest foreign commercial banks in the country serving top-tier Filipino corporates and common… [Read More]
Are you enjoying your benefits as an employee? With Labor Day just around the corner, it the best time to review the Labor Code. Whether you are a fresh graduate who landed your first job or you are a professional who had just celebrated your anniversary with your company, you must know that you have six basic benefits as mandated by the Labor Code. What’s in it for the entrepreneurs? If you are hiring people in your company, then you must know their benefits, standard wage and compensation, and the individual contributions you should remit to various government agencies. Labor… [Read More]
Looking for a high paying job? JobStreet has finally revealed the top paid jobs in the country for 2017! JobStreet.com’s Salary Report has been created mainly for employers to create a job list with competitive salary offers. While this is a useful reference for the bosses, it also gives the job applicants an idea on how much they can negotiate for their salary based on their experience. Most young job seekers in the corporate world may have no idea on how much they can ask for a salary. Of course, if you have been through a couple of interviews, you… [Read More]
What’s your plan for the coming Lenten Season? Got a road trip destination for the family or barkada yet? Don’t miss this chance to get away! Holy week is not only a reminder of faith for Christians, it also reminds you to take a break from your toxic work-life balancing act. You only live once, you have the right to have some fun every now and then. But if you are feeling lazy to spend too much travelling to magnificent and “Instagramable” destinations, we have listed five places near Manila to spend your long weekend. Where to Go This Holy… [Read More]
When you finally found the home you want to call your own, the next thing you have to look for is a fitting housing loan. With a lot of housing loan from various banks and lending institutions, will the PSBank Home Loan be the most flexible one for you? PSBank Home Loan PSbank offers three types of home loan packages to their clients. there is a term loan with a specific term and a home credit line which can be used for renovation and refinancing. There is also a home construction loan which you can use to build your home…. [Read More]
(Updated March 22, 2017) Most people will agree that seeing your tax in your payslip does not create happy thoughts. How can you be sure that the right amount has been deducted from your hard-earned salary? To set it straight: Withholding tax is the tax deducted by your employer from your salary every payday or every month depending on what you have agreed on. The withholding tax is simply the partial payment of your income tax. Income tax is your tax annually which you have to file to avoid penalties. Share this Image On Your Site Please include attribution to… [Read More]
(Updated April 10, 2017) Clear cut truth: Filing your tax returns is like going to the dentist. Most people would love to avoid it but failing to do so at the right time will incur consequences. What is Income Tax Return? This simply means that you have to file your proof of income tax payments. You have to declare the total income you have earned, investments, salary deductions and paid tax from the previous year. You may file your ITR quarterly or yearly. Aside from the fact that you need to pay off tax as a good citizen, you need… [Read More]
BPO agents never fail to rank as the one of the highest paid job in the country in the annual list of both JobStreet and Department of Labor and Employment (DOLE). Each of us has at least one friend or relative who are call center agents and the stories about those agents who are unable to save and in need of immediate cash are not new.
The number of OFWs constantly grows each year as Filipinos strive to give their families the means to financially survive. Being away from loved ones in times of celebrations and mourning constitutes most of the OFWs struggles, yet they bare it for years in exchange of a chance to give them a better future.