The Envelope System: simple but very effective way to budget your money I remember my officemate and I were going to the ATM right after we received our pay. She saw me holding my whole month’s salary. She curiously asked me "Where will you spend your salary?" Upon seeing her curios reaction, I told her about the budgeting system that I have and how it helped me manage my finances.

There are a lot of Financial Scams in the Philippines. Sadly, many Filipinos gets victimized. Reason? Lack of financial knowledge and most wants Instant Money. Who will forget Multitel (Multinational Telecom Investors Corp.)? Rose Baladjay started it, and it was probably the biggest scam in Philippine history. Approximately two million people invested in this company—which probably reached P100 billion. Multitel was so believable that they lured many military people and police officers to invest their hard earned money in the scam. Multitel promised 4 percent to 5 percent interest a month or 60 percent growth a year! They also offered to double your money in 18 months. This is why when you hear the word pyramid, the first thing that comes to your mind is SCAM. Agree?

OFW Engineer terminated from work

Are you prepared to return to Pinas?

The salary of a regular wager OFW in Singapore is huge! Even with the expensive cost of living, One can still buy an iPhone, iPad and Designer clothes. For Singapore, sale happens every 3 months, there is always like the ‘Last day Sale’ on malls and of course the yearly Great Singapore Sale and the IT Shows.