The Bogo Times

Our views on money are greatly influenced by how we were raised and what money concepts we were made to believe growing up. Most of us were introduced to the same sequence of life events: going to school, moving on to college, and then finding a job. This particular format made us think that once we’ve found a job, we won’t have to worry about money anymore. And, boy, were we wrong. Photo by  rawpixel.com  from  Pexels Most of us who are actually lucky to have found jobs live from paycheck to paycheck. This means having enough money to pay the monthly bills, have enough food on the table, go out a few nights every month, and possibly get to travel once or twice every year; but you know for sure you’d want more out of this life if you had the chance. You want to try out new dishes at fancy restaurants without having to live on instant noodles in the next few days. For sure, you want to travel more, fly business class, and stay in hotels with more than 3 stars. Yo...

Being a first-time car owner is an exhilarating experience. For sure you’ve spent months, even years, planning, researching, and saving for this important purchase, and now you finally hold the keys! Now what? Whether you purchased a brand new car or a second-hand one, you need to know how to care for it.  Proper car care means less need for repairs, which means fewer expenses down the road. Here are a few tips for first-time car owners like you. Start by taking the time to read the owner’s manual.  Manuals of anything are long and boring, which is why most of us skip it. Your car’s manual may not be the most interesting read, but it contains vital information about your car such as its features, maintenance schedule, the fluid or oil to use, and tire pressure, among others. If you have a second-hand car and the manual did not come with it, search the Internet for an online copy. Organize your car documents.  As early as now, keep your car documents ...

Save more with Pag-IBIG and qualify for higher loan amounts and bigger dividend earnings. Bigger dividend means bigger savings for you. Consider the following: Monthly Savings Savings in 20 Years Total Savings with 4%* annual dividends 200.00 48,000.00 73,015.85 300.00 72,000.00 109,523.77 400.00 96,000.00 146,031.70 500.00 120,000.00 182,539.62 1,000.00 240,000.00 365,079.24 1,500.00 360,000.00 547,618.87 2,000.00 480,000.00 730,158.49 * Dividend rate is only sample rate of 4%.  Actual dividends will be based on the yearly income of the Fund. Bigger savings with Pag- IBIG means that your maximum loanable amount is higher. - The Multi - Purpose Loan (MPL) Program aims to address the member’s immediate financial needs. The loan amount is based on the member-borrower’s total savings and length of membership with Pag-IBIG.* - The Calamity Loan Program is open to members whose place of residencehas been placed under a state of calamity after a natu...