Good Read: Predictably Irrational by Dan Ariely

Posted Leave a commentPosted in Daily Life, Economics, Economics 101, Financial Freedom, Financial Literacy, Personal Finance, Suggested Readings

Recommend this book to those who want to know themselves more, learn more about personal finance and those who want to know certain discreet yet recurring human tendencies that hinder us from pursuing financial freedom.

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PH: Too Many Banks Yet Many Pinoys Still Unbanked

Posted Leave a commentPosted in Credit and Loans, Economics, Personal Finance, Reflections, Suggested Readings

Banks still have a long way to go to tap the underbanked segments especially the countryside where access is very limited. Other sources are perceived to be easily reachable like pawnshops or money remittance business, which have more branches, less costly to put up and some of which even operate 24 hours.

Inflation: Passive Expense and How Much Just To Keep Up?

Posted Leave a commentPosted in Daily Life, Economics, Economics 101, Financial Literacy, Passive Income, Personal Finance, Reflections

Juan’s PHP1,000 in 2006 should be PHP1,395 in 2014 just to get by, keep up with inflation and retain the same purchasing power for the same level of expenses. With rising needs and standards of living (hence more expenses) and more mouths to feed, keeping up with inflation is not enough. A 40% return in 8 years is then, not enough. Now do your own math.

Get a Home Loan Soon(er); Loan-to-Value (LTV) and Interest Considerations

Posted 6 CommentsPosted in Condominium, Credit and Loans, Economics, Economics 101, Personal Loans, Suggested Readings

BSP is planning to lower and tighten the LTV cap to 60%, which means future borrowers will have to shell out higher DP at 40%. This effectively makes the target market for home loans smaller since not everyone can easily afford a 40% DP.

Juan Liners: The Walking Dead Cat Bounce, Odd Odds and Oil Megasale

Posted Leave a commentPosted in Economics, Juan Liners, Stocks

Filipinos still prefer betting on lotto even if the odds of winning is very very small. But the odds of winning and burning the ticket is much much way way smaller. This is what happened to a man who claims he won the PHP12M pot but unfortunately, his ticket got burned by a flat iron. Odd odds.

Juan Liners: Demographic Sweet Spot and Other Drivers (or Show-stoppers) of Philippine Economy

Posted 7 CommentsPosted in Economics, Economics 101, Juan Liners, Suggested Readings

The demographic sweet spot is said to be the time when our population has below 30% of aged less than or equal to 15 while those aged 65 or higher is less than 15%. Which means 55% of our population is aged 16 to 64 are economically productive and income-earning.