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Showing posts with the label Financial

BDO Life offers protection from life’s ‘what ifs’

“What if she says ‘no’? What if she gets pregnant right away? What if she gets sick? What if I get sick?” —these are the thoughts running through the mind of a young man as he prepares to propose to his girlfriend in the newly-launched online video of BDO Life Assurance Company, Inc. The video spotlights a man confronted by life stage uncertainties or the ‘what ifs’ that come with getting married, starting a family, and growing older. “What if she wants a big wedding? What if she gets pregnant right away? What if we have twins? What if ours kids want to get double majors?” Like the video’s lead character, it’s normal to feel uneasy over these ‘what if’ questions despite the excitement of beginning a life together. Fortunately, there is a way to address life’s ‘what ifs.’ “Everyone needs two plans in life. Plan A consists of a wealth accumulation program focused on successfully saving and investing within a given timeframe. But given life’s uncertainties, lifestyle needs

BDO Unibank warns against SIM-card-related scams

BDO Unibank, Inc. cautions against scammers who use SIM cards to deceive and steal their victims’ money. One modus is called SIM Swapping, where scammers disguise as telco agents offering upgraded network connection in exchange for SIM cards. More prevalent is the SIM Upgrade modus. Scammers purchase 4G SIM cards, register their victims’ mobile number, and fool their victims into giving the One-Time PIN (OTP) needed to own the mobile number. In both modus operandi, scammers takeover their victims’ mobile number to control their victims’ online bank accounts. BDO urges clients to call BDO Customer Care to deactivate their accounts if they get SMS notifications or emails about suspicious online transactions. How SIM Swapping and SIM Upgrade work Scammers identify then gather their victims’ personal information through phishing or from the internet. They mention personal information such as birth date and mother’s maiden name when they call their victims to sound convinc

CBIG: Protecting the Unsung Heroes of COVID-19

During the duration of the lockdown period because of COVID-19, We realized a lot of things in our life, we've also learned to make the most of what we have and to adjust ourselves to the "new normal". It was a perfect example of an event in our life where we've been caught off guard since almost all of the access that we have to the outside world has been limited that even the ability to buy groceries and personal needs has been a luxury. While the whole Metro Manila is being quarantined, few brave souls came out to aid their fellow Filipinos in delivering their needs during the entire duration of the quarantine while risking their health to support their families while their regular jobs have been halted. These are the brave Delivery Riders, the unsung heroes that served as a bridge for us to buy what we need while we are in the comfort of our own homes. Imagine the risk that they are facing every time they are on the road, with that in mind is

Piolo Pascual's funny videos help OFs mental burden

Being away from your family and loved-ones brings unimaginable sadness. Imagine this struggle that our OFW's need to face every day as they perform their duties in different countries missing every event with their families. I still remember when I was an OFW in Hong Kong, despite my everyday struggle in missing my family, I always think of their future and that makes me stronger. Providing them what they need and sending money to my loved ones back in the Philippines gives me satisfaction from all the sacrifices I made abroad, and of course, sending the hard-earned money requires a trusted remittance partner where I can ensure that my family will receive it safely, and that's where BDO partner establishment helped me. Experts in the Philippines and other countries have been warning us: along with the wave of COVID-19 infections would be a wave of mental illness. There’s no avoiding that: people are anxious, afraid, and many have lost jobs and face an uncertain future.

Bank Services now accessible in selected areas

With the Enhance Community Quarantine, having funds on your pocket is really necessary for you to buy your necessities but right now, goung to ATM's just to withdraw is not accessible for everyone, especially if you live far from banks. BDO Unibank continues to find ways for its bank services to be accessible in areas covered by the prevailing enhanced community quarantine.  With the roving ATM on Wheels, bank clients are still able to perform various transactions like balance inquiry, cash withdrawal, cash advance, BDO cash card reload, prepaid mobile reload, fund transfer, donation, activation of online banking enrollment and 3rd party fund transfer and pin change. The ATM on Wheels, which is available from 11am to 6pm, accepts both local and international cards. The ATM on Wheels recently went to Anonas in Quezon City, Bagbaguin in Caloocan, and Pasig City. This week, it will be deployed to Savemore Branch in Camarin, Caloocan from April 13-15, and to Savemore B

Safeguarding our Future made possible for everyone

Life is unpredictable, unforeseen events like accidents and sickness are just around the corner, they can happen anytime and can catch you off-guard. Just as Stephen King said, “there's no harm in hoping for the best as long as you're prepared for the worst.” Many of us are ignoring the importance of insuring ourselves and our future. The most common reason is money. We may be decided to get ourselves insured but with all the expenses that we have every day, it becomes least of our priority.  This is a common scenario to a regular Filipino worker who earns minimum-wage which is just enough to bring food on the table, and a lot of us are on the same page.  The second reason is trust. A lot of companies offering insurance often sound too good to be true, or we have heard stories from our friends and discouraging us to get insurance, so instead of having fewer worries during times of crisis, we end up stressed out. This is what is happening right now. With t

Cebuana Lhuillier Insurance Brokers, ensures accessibility for Filipinos

Preparing for your future is more than working hard and saving money, getting insurance plays a vital part in it. A lot of Filipinos are still not aware of the importance of getting insurance and even if some are already aware of it, most of them are hesitant about where to start for their insurance. If the knowledge and benefits of insurance are easily accessible to every Filipinos, it would enlighten a lot of us in the importance of insurance and preparing for our future. Cebuana Lhuillier, the country’s largest micro-financial services provider, has introduced a new insurance brokerage company, Cebuana Lhuillier Insurance Brokers, Inc. (CLIB), that aims to help provide Filipinos with better access to more inclusive and affordable insurance products and services.  2018 data from the Insurance Commission reveals that almost 40 million or only 37% of the country’s 105 million total population are covered by insurance. Further highlighting how getting insurance can be a cha

P 1.00 per kWh total reduction on Meralco Bill for February 2020

            After the holiday season, one of the things that may have hit your wallet hard is your electricity bill., the aftermath of those parties and holiday lights that made the celebration memorable and fun. You can only wish that you can get a discount on your electricity bill. You don't need to wish for it since there is great news for us consumers! For the second month in a row, the Manila Electric Company (Meralco) announced a decrease in power rates for February. The overall rate for a typical household consuming 200kWh decreased by P0.59 to P8.86 per kilowatt-hour (kWh), its lowest level in two years, from last month’s P9.45 per kWh. Such a household will see a decrease of around P118 for their total electricity bill this month. The reduction is mainly due to a lower generation charge after the implementation of new Power Supply Agreements (PSAs) starting last December 26. The back-to-back rate decreases to start the year total to P1.00 per kWh and goe

Protect your heart and bank account this love month

Masakit mabasted. Pero mas masakit mawalan ng pera sa bank account. Habang papalapit ang araw ng mga puso huwag hayaang maging biktima ng mga mapagsamantala, hindi lahat ng mga matatamis na salita ay ginawa para paibigin ka, it rin ay ginagamit ng ibang tao para maloko ka, lalong lalo na ng mga kawatan na handing samantalahin ang ganitong mga okasyon para sa pansariling kapakanan. Todo ang pangungumbinsing ginagawa ng ilang kawatan hanggang sa makuha nila ang inyong personal na impormasyon, na gagamitin nila para mapasok ang iyong account at makuha ang lamang pera nito. Alam nilang manipulahin at paglaruan ang feelings ng mga tao kapag Valentine’s. Base sa report ng US Federal Trade Commission, $143 milyon ang nawala sa mahigit 21,000 kaso ng cyberfraud sa Amerika nung 2018. Mas marami pa ito kumpara sa $33 milyon mula sa 8,500 kaso nung 2015. Pero merong mga paraan para maiwasang ma-fall sa mga scam na ‘di lang masakit sa puso, kundi rin sa bulsa. Ito ang ilan sa mga

Best Christmas gift for kids

Teaching kids on how the importance of financial stability at their early age makes them ready for their future. Like with our youngest child, Chelsea we already start telling her the importance of saving her money, wants vs needs and the importance of having emergency funds. Nothing secures a child's future better and, at the same time, teaches them the value of saving than by gifting them with a BDO Junior Savers account this holiday season. The BDO Junior Savers Account is specially designed for children 12 years and below. With an initial deposit of Php100, you can open an account and start growing interest. Kids below 12 years old will get a passbook to monitor their savings for as low as Php100 and start earning interest upon reaching a P2,000 deposit balance. Children between 7 to 12 years old may request for a personalized BDO EMV Debit Card upon reaching a deposit balance of P2,000. Junior Savers also gives you the option to help your child save. Through

SM & BDO’s Pamaskong Handog offers exclusive deals for Overseas Filipino families

SM Supermalls and BDO are once again bringing a one-of-a-kind Christmas celebration to overseas Filipinos and their families with star-studded Pamaskong Handog events happening at SM Seaside City Cebu Mountain Wing Atrium on December 7, SM City Davao Event Center, Annex on December 14, and SM City Telabastagan Event Center on December 21! "Overseas Filipino workers have made so many sacrifices for their families. This is our way to help spread happiness during the most wonderful time of the year," shared Jonjon San Agustin, SM Supermalls Senior Vice President for Marketing. “Only SM & BDO have this kind of collaboration and exclusive offers for our kababayans. Every year, we look forward to organizing our Pamaskong Handog event and do our best to bring smile to their faces as they are far away from home during this time of the year.” said Genie Gloria, Senior Vice President and Head of BDO Remittance . As a special holiday gift, exclusive deals and discoun

PiTaKa program helps OFW achieve their financial goal

Working abroad is not like taking a vacation out of the country and earn money. It may seem an easy way for you to help your family, but a lot of our Kababayans spend years or decades to save and send money back to their loved ones. As a former OFW, one of the goals that we have is to give our family a better life, give them the things we can't afford, and paint our children's smiles with chocolates. With that mindset, we tend to send them whatever we can, up to the point that there is nothing left for us, and that should not be the case. You don't want to work until you've had enough, you need to set goals, save money and prepare for the future of your family, giving them the things that they wanted is not bad but don't spoil them, your family needs you, more than the toys, fancy clothes and chocolates in the Balikbayan Box. Your return is what they will be anticipating most, so you can spend time and enjoy what you've hardly earned abroad with them.

3 Important Reasons Why You Should Save Money

Whenever payday arrives, almost all of us becomes a one-day-millionaire, we buy what we want, what we need and pay what we need to pay with our hard-earned money.  That is one reason why most of us live by payday to payday. It is rewarding to get the gadget that you aim for or fulfill that vacation that you have been planning for a year or those cool sneakers whom you've saved money for months in your trusty piggy bank. But while self-reward is vital, some tend to overdo this at the expense of the need to save. You don't need to attend seminars or become a financial advisor for you to know the importance of saving for your future and whatever unexpected, while it seems that we only have enough money to get by every payday, it does not hurt to sacrifices a few our "wants" to save for what we need and gain financial freedom. A Bangko Sentral ng Pilipinas survey on consumer expectations for the first quarter of 2019 showed that only 36.6 percent of Filipino

Sun Life ambassadors reveal their lifetime partners

Life is short, so it would be better if you have a companion in your journey. Someone you can trust and rely on, someone you know that will stick with you through the end, through thick and thin. Wouldn't it be nice if as early as now we find our lifetime partner? It would be like a dream come true.  With this being said, I have been in one of Sun Life Financial's event recently that tackles on having a "kaakbay" on your financial journey. Financial literacy is not being taught in all schools, we all know that saving money in the bank is the traditional way to save and financially prepare for the future, but then what's going to happen next? This is where we need someone that we can trust, a lifetime partner for our financial journey, someone we can call "kaakbay". Our hard earned money should be spent wisely and be invested for it to grow, so aside from saving money in the bank, getting your self insured and investing your money is somethi

What Is A Point Of Sale (POS)

POS or Point Of Sale is a system that is used throughout the restaurant and retail industry. POS systems are comprised of computer software and a hardware network that work together to record sales as they occur. This computerized system allows business owners to track sales, cash flow, food and stock inventory and can help simplify your bookkeeping enormously . If you run a retail business, you'll understand the need for a good Booker POS system . The last thing you want is customers waiting impatiently in line while your staff manually enter purchase details into your system. Many small to medium-sized businesses experience problems with price reduction. Identifying which products have been marked down and then accurately recording those discounts can be a headache for many retailers. Instead of spending all of your time dealing with cash register receipts, a POS system can help you to automate the markdown process so that you are able to track them in a more

Country Bankers Alalay Sa Buhay : A One Year Insurance Coverage for only Php365

In this world full of #TravelGoals and #YOLO, people often disregard the true important investment – INSURANCE. Your cars have insurance, your house has too. But how about yourself? A car can breakdown and be easily fixed by a car shop. You will care less because Insurance got it covered. Typhoon tear-up your house, insurance to the rescue. But what about yourself? Will you be ready for unforeseen circumstances if something happened? Are you ready for the future? The primary drive of getting life insurance will always be to protect the people you care about in case something unexpected were to happen to you. How much will you be spending in order to pay off debts, support your loved ones, or take care of all your responsibilities? People have various reasons for not getting their Life Insurance. They felt that life insurance they have with their employer is good enough. Some also doesn’t feel the need for Life Insurance mainly because they are earning a lot today and is con