Category: Press Room

We are about to end the first quarter of 2017. Have you started saving, spending, and investing like a pro lately? If so, congratulations, and keep it up. The next step is to share to your friends and family how they can also start maximizing their overall income so that they can earn more and save more.

If you haven’t started using your income wisely yet, there’s still time to learn! Your basic everyday spending habits may make or break your savings. To avoid being broke and living from paycheck to paycheck, this Financial Checklist can help make 2017 your year of prosperity.

Print this page and tick the boxes when you’re done.

Have you:

 Have you reviewed your bank statements and monthly bills? (You can find out how much goes into your savings account and how much goes to your rent, bills, utilities, groceries, and other everyday expenditures.)

 Have you set daily, short-term, and long-term financial goals? (Setting goals at different points of your year helps you become more responsible and give you more guidance how much you should save.)

 Have you created or revised your monthly budget? (A budget generally consists categories where your income could go to. These can be rent and bills, food, recreational activities, or your emergency fund. Knowing how much you can spend on a monthly basis can give you a better idea on where your money goes and how much you can save.)

 If you’re living with a partner or you’re married, have you discussed financial matters together? (You have to be open and honest about your plans. While traditionally, one partner is in charge of handling finances, it’s good to occasionally talk about your budget so that they can keep tabs on how much they can spend. You can discuss your overall savings and spending habits, for example, and talk through mistakes that you both can avoid in the long run. Don’t forget to use “we” when talking about finances.)

 Have you studied more about financial literacy? (You don’t have to spend a fortune learning about how to be financially healthy. Look for websites and blogs that give spending and investing tips for families like yours. You can learn to start a budget, how to use a savings account and a checking account, and how credit cards should help your life, not bring you in debt.)

The key to a prosperous year is to always check if you’re within budget, and revise when needed. It’s good to always be open and honest about your finances to those who matter to you. Beware of unreliable sources and unreliable people. Once you keep with your budget, it’s much easier to see that financial freedom is just a step away.

Are you growing your business?

All businesses need to start with capital, and usually owners get loans to get going. If you’re not sure what to prepare for a business loan—whether from a bank or from a lending organization like Cebuana Lhuillier—you should consider collecting the following to get you ready.

1. Collateral – this is an asset or a set of assets that the borrower gives in order for the lender to secure the loan. It offers security to the lender in case the borrower doesn’t pay the loan back.
2. Business Plan – a plan that contains your vision, mission, objectives, and budgets for your business to operate.
3. Accounts Receivable – this is money owed to debtors.
4. Accounts Payable — This is money that a business owes because it has been given proper goods and/or services.

5. Personal Credit Report – a summary of your financial information, including your creditor report.
6. Income Tax Returns – a document with the BIR that reports your income, profits, and losses of your business, as well as other deductions.
7. Financial Statements – a document reporting your financial activities and the position of your business in terms of assets and liabilities.
8. Bank Statements – record of your bank account’s balance, how much you’ve withdrawn, and much you’ve deposited.

9. Legal Documents – It depends from the lending organization or bank, but you might have to disclose certain legal documents like: business licenses and registrations, contracts with third parties, franchise agreements, and commercial leases
10. Loan Application Form – of course, you cannot apply for a business loan without filling out a loan application form!

Once you’ve prepared all of these, you’re now ready to sign up for a business loan. Take note of the number of years you have in order to completely pay your loan, as well as the interest rate and penalties if you don’t pay on time.

Being a responsible businessman is also as important as being a responsible borrower. So, prepare well for all your business endeavors.

Winning Cebuana Lhuillier clients and their relatives tour Dubai as prize for winning a contest in partnership with radio station Tag 91.1.

Five Lucky Ka-Cebuanas from Dubai were reunited with their loved ones from the Philippines through Cebuana Lhuillier’s promo, Da Best Kang Ka-Tag, Ka-Cebuana, together with Tag 91.1, the leading Filipino radio station in Dubai.

Anthony dela Peña, Alyana Colendrez, Aphrodite Salazar, Brylyn Aroma and Coleen Nucom each won an all-expense paid trip to Dubai from February 8 to 12 for three of their family members. The winners were also treated to local city tours in a limousine, a dinner cruise, and AED 1,000 shopping money. Fifteen on-air daily winners also received 500 AED worth of remittances to Cebuana Lhuillier.

Mr. dela Peña thanked Cebuana Lhuillier for the chance to bond with his family. “I always send money to the Philippines through Cebuana Lhuillier because of their fast and efficient service,” he said.

“As a Philippines-based remittance service provider, we hope to provide the most appropriate money transfer needs of OFWs and Filipino community and extend the heartwarming Filipino service to them even more. We hope that through this promo, they would feel less homesick and feel renewed strength and motivation in their work,” Cebuana Lhuillier Services Corp. Senior Executive Vice President Philippe Andre Lhuillier said.

The year is about to end and you’re currently auditing all of your savings and expenditures for this year. There is nothing bad about this. It’s just normal after all to analyze whether you have made any financial mistakes this year, what may have caused it, and what may be done to revert that mistake to financial success. Moreover, we Filipinos are conscious and alert when it comes to all things financial, whether towards saving (discounts, promos) or spending (night outs, gadgets, food), which is why we listed down a few factors to consider in preparing yourself financially for the new year. Take note that the following would not be achieved without self-control, which is why strategy and discipline go hand in hand when it comes to financial stability:

1. How much did I spend this year alone?

Food, transportation allowance, house rent, and utility bills are just some of the major expenditures of an average person. While these things are the usual responsibilities of people in their lifestyle, sometimes, they tend to spend much more than they should. Night outs for example incur about P500-P1,000 worth of food and drinks, perhaps even twice or thrice the amount of what you spend on food and beverage on a normal basis. This is why you should list down your expenses, whether on a regular day or not, to identify what may be eating up your allowance, or worse, your savings and be more aware of what you can do the next time you encounter such concern.

2. How much did I save?

Whether big or small, knowing your savings is important as well, as it helps you identify what you need to do in order to save more in the upcoming year.

3. How much do I spend for myself alone?

It’s one thing to spend for the bills, but another to spend on your personal needs and wants. Grooming charges such as haircuts may be a minor thing to consider when auditing your expenses, however, try to remember how many times you had a haircut in one this year alone. An average local barbershop charges P35, so if you groom every 3 months, multiply that by four and you have yourself P140 worth of haircut expenses. It may seem small, but this amount already has a big impact on your budget. Knowing this helps you find alternatives to be able to save up. If you work in a company with no strict haircut policy, you may cut down your haircut charges by either finding a more affordable barbershop, or perhaps getting cut every four months instead of the usual three.

4. How much do I spend for other people?

It’s okay to spend for your family, friends, and loved ones. It is a common part of Filipino culture to help others, even financially. However, one must also learn to say no. If someone were to borrow cash, analyze your budget and how this will greatly affect your bill paying. If it would hinder you from paying this month’s electricity bill, resulting to a blackout, you might as well just have kept and used the amount to pay bills. It is not to say that you shouldn’t share. However, also consider your options when it comes to stabilizing yourself financially.

5. If you happen to save a few amounts in your bank account, remember not to withdraw any amount at all.

This is due to the very obvious reason that you need to save. Whether you had saved big or small, do not ever touch it, except for emergency purposes. It may be tempting to buy new gadgets, but always remember that the needs should always come first, never the wants. This would bring us to the next important factor…

6. Planning to buy a new gadget or item? Consider function over fashion.

What better way to financially prepare for next year than not having to spend for anything that came out this year? Cellphones are a perfect example for this, seeing that they get outdated after a year, and then get replaced with a new one with much better features. If you are planning to buy something new, ask yourself if you’d really need it, if not, just keep on saving for next year, until such time that you would come across an item that would really tend to your needs.

7. Own a car? Get insurance then.

Spending for something is one thing, but what happens if someone damages or destroys your beloved possession? A car is no different. You may be a great driver, unfortunately, others do not share the same ability and skills. People encounter accidents on the road, which is why you should avail of car insurance, to avoid spending a lot for the damage to your car (and worst case scenario, spending a lot for your injuries as well).

8. Reduce utility charges by going for items which are environmental friendly.

Electricity charges take up a majority of our monthly bills. This is a common truth among us Filipinos, hence we should switch to appliances which only feed on minimal energy. Light bulbs, for example, should be replaced with their fluorescent counterparts as they consume lesser energy. There are also certain brands or air-conditioning units and refrigerators that offer the same feature and are much more affordable than normal units. If you plan to save more for next year, consider replacing a few of your belongings that are high-maintenance.

9. Sell the things that you wouldn’t need any more in the upcoming year.

If you plan on reducing the junk in your home, why not organize a garage sale. A new year deserves a new beginning. Hence, selling a few unneeded gadgets, appliances, or even furniture will not only provide you with a breath of fresh air; it would also enable you to earn a few cash in the process, enough to get you through the first few weeks of the new year. Much better, if you plan on not touching the proceeds from your mini garage sale, you may even keep it until your savings pile up all throughout next year.

10. Pay your taxes.

This may sound like an advice which seems out of place from this list, however, paying your taxes is one major thing you shouldn’t leave off this year, unless you want to suffer the huge penalties next year. You may hear news of celebrities, athletes, and even politicians being chased by the BIR due to failure of paying their taxes. They even have to settle their concern by the millions, so just imagine if the same thing were to happen to you. You wouldn’t be financially stable midway into the New Year just because of tax penalties alone. Pay now, save later.

After following our tips, you may still find yourself having trouble within the first few weeks, but it’s normal, as with other routines being practiced at first. With that in mind, you may want to provide cushion to your starter budget in the first month of the New Year. No worries as Cebuana Lhuillier has got you covered. With their Micro-Loan Services, reaching out for assistance is never a hassle, due to their simple application process, easy terms, and fewer requirements, cutting long lines and long waiting time. With a network of over 1,800 Cebuana Lhuillier branches and online presence, you are given unlimited access and utter convenience in applying for a loan. Their five-point application to disbursement process ensures services are delivered on time. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

The holiday season brings many expenses. People have to prepare their budget for various gifts and meals for the Christmas Eve dinner. Yes, indeed Christmas is one occasion that everyone spends so much on. However, that is not the only thing that requires proper financial management. The New Year celebration also requires a certain amount of money estimation, mainly due to the fact that it also has a traditional dinner before and after the clock strikes twelve. This doesn’t even include the after party, something which we Filipinos love even after the fireworks had ended. With this, we had prepared a few tips to ensure that you will be able to save a reasonable amount even after the whole celebration, something that will make your cash last longer than the ten minutes fireworks display after the countdown.

1. Budget your Christmas to save for New Year.

This is top priority with all financial concerns. If you spend too much for Christmas without setting anything aside for the New Year celebration, then don’t be surprised why you wouldn’t have any amount left by then. As with any type of budget, plan ahead of time and avoid overspending on something which will only last for a week or two, go for long term plans so that you will be able to avoid cutting too much corners on other upcoming occasions. Yes, Christmas is a major once-a-year occasion, but that doesn’t mean you should indulge all finances in one go. Set aside a few amount for the New Year celebration so you may have no trouble in budgeting thereafter.

2. Recycle your decors from Christmas.

Yes, you’ve read that right. We Filipinos do not actually end Christmas right after December 25th; in fact, we only remove the Christmas decorations a few days into the first week of January. With that in mind, do not take the Christmas tree down immediately, as our belief of polka dots and all things round bring luck, so must we leave the Christmas bubble decorations hanging. Never put away the green and red colors of Christmas as they add to the magnificent lights of the fireworks as well during the New Year celebration. Perhaps the only thing you may remove would be the Christmas lights. This is to save on electricity bills and to avoid sparking a few wires, especially during the fireworks-infested parties in the streets before the countdown.

3. Have fun with parlor games.

Parlor games are the staple of every Filipino party. Who wouldn’t be familiar with stop dance, newspaper dance, and musical chairs? They’re fun, they’re easy to organize, and their prize usually ends up being very affordable. Kid participants may receive knick-knacks and toys lower than P30 as prize, while adult participants may receive picture frames and Tupperware. This is planning at its basic form, yet fun at the highest level.

4. Christmas leftovers? More like New Year celebration feast.

Don’t be quick in throwing out leftovers from the Christmas Eve dinner. Any excess roast pork from the occasion? Make them into stew; they wouldn’t go bad with proper refrigeration. How about leftover cheese? No worries, convert them into toppings for other New Year’s Day meal. The possibilities are endless and you would be able to save big as you wouldn’t have to spend money for additional ingredients and groceries anymore.

So, you are a few hours away from the New Year’s celebration and are preparing to greet your loved ones a fruitful year through text. However, as luck would have it, you ran out of load. You try to load via your local store, but they also end up empty due to the countless numbers of families loading up for the festivity greetings later. No worries, as we here in Cebuana Lhuillier offer our E-Load Service, an accessible loading station for prepaid internet and mobile phone users subscribed to major telecommunication networks. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

There are a few times in which we may have to pawn a few valuables in order to make amends with our budget. This is normal as we have to make ends meet once in awhile, especially as some expenses are unavoidable. With this in mind, we only hope for the best payback after presenting our crown jewels. After all, isn’t this the very reason that we are selling them? But what determines the type of amount we’ll be receiving when pawning our jewelry and what would be the best way to ensure that the offered amount we receive indeed matches their value? Here are a few pointers to remember:

1. You don’t get paid the same amount you bought the jewelry with.

This is rule number one when it comes to pawning. If you bought a ring for about P15,000 or more, you wouldn’t get paid the same amount. It wouldn’t even be the basis for the amount you’re going to get paid with, rather, the condition of the jewelry itself. Does it have scratches? Is the gemstone still intact? Does it have any dent? The more mint the condition is, the higher the amount you’re going to get in return.

2. Gemology or appraisers? Which should you trust?

Gemologists are basically those who know how to value gemstones, but are weak in providing estimates in other forms of jewelries. Appraisers, on the other hand, are those that are trained to identify the value of any type of jewelry, and may have been jewelers themselves long ago. They have the edge over gemologists, in the sense that they know how to market research, hence, they can quickly provide estimates of the value when you’re intending to pawn your belongings and may definitely let you know if ever you may be receiving less or more than what was bargained for. Do take note though that some appraisers may charge a “consultation fee,” which is why you should prepare a little extra when asking for value.

3. Do your own research.

The best way to find out the market value of your jewelry is to ask around the stores. You may be surprised that the prices of jewelry change from time to time, even quicker than some other products, hence another reason to have it appraised as well as routinely as you can. This doesn’t mean that you should have it validated monthly. Rather, whatever changes you may hear from the store, you may confirm via the appraisers. Only then may you know the current selling price of your jewels. This is one of many ways to know that you are not getting less than what should be given during the pawning process. Knowing the right value would save you from possibly losing something and not getting the fair amount at all. Be informed at all times and stay firm on your price range.

With all of that being said, you may be looking for a pawn shop that would provide you with the most honest and highest appraisal possible. No worries, as Cebuana Lhuillier has got your back. With their Pawning Service you can never go short in any amount, as they accept an array of items, from jewelry to gadgets, as collateral. They also lead the pawning industry by offering safety and the highest appraisal rate in the industry in its more than 1,800 branches nationwide. Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Have you ever wanted to send money to your loved ones, only to experience long waiting lines and inconvenient transactions? Ever visited a bank branch to do so, only to be hindered by the countless requirements and hidden remittance fees? Or how about trying online money transfer, only to be scammed by hackers in the process?

Well, worry no more, as Cebuana Lhuillier offers their efficient Pera Padala Service, an easy, quick, and safe way to send and receive money. All transactions are real time, which enables clients to claim the money as soon as the sender completes the sending process in the branch.

So you may ask, how efficient is Pera Padala when it comes to local remittances? After all, you may need to send money even to the farthest region of the Philippines. Relax, as Cebuana broadened its reach by strengthening its network of partners. Also known as the Pera Padala Agents (Domestic Remittance), they are mainly composed of:

• ADB Lending Company, Inc. (Pasamonte )
• Expresspay, Inc.
• Global Pinoy Remittance and Services (GPRS)
• Orient Asia Lending, Inc. (Prime Remit)
• Jewelhouse Pawnshop and Jewelry
• Ayala Alabang Village Association-Employees Multi-Purpose Cooperative (AAVA-EMPC)
• Filinvest Homeowners’ Association Inc. (FILHAI MPC)
• Republic Pawnshops Corporation (H Lhuillier)
• Quickloan Pawnshop
• Cardbank, Inc.
• Tiaong Rural Bank, Inc.
• China Bank Savings, Inc
• Cantilan Bank, Inc
• Enterprise Bank, Inc
• ABS-CBN E-Money Plus, Inc (myREMIT)
• Opportunity Kauswagan Remit, Inc. (OK Remit)
• Rural Bank of San Antonio
• Dalton Pawnshop and Jewelry, Inc.
• Inter Asia Development Bank
• Gata Daku Multi-Purpose Cooperative (GDMPC)
• Sun Gate Pawnshop
• Bangko Kabayan, Inc.
• Card SME Bank
• Viaexpress Travel & Tours, Inc.
• Philippine Postal Savings Bank
• Bayad Center
• Tanglaw Pawnshop
• Golden Rural Bank
• Pazalonia Pawnshop
• Country Builders
• Rural Bank of Kiamba (Sarangani) Inc.
• Common Wealth Rural Bank
• Via.com

Okay, so you already have a list of their authorized partners, but how about the rates? No need to worry as we got your back with that. Here is a chart indicating the rates, depending on the amount/s sent:

Domestic Remittance Rates

Take note that the charges vary, depending on the location of the recipient.

With the following information in mind, let us direct you to one of Cebuana Lhuillier’s main offerings, their Pera Padala Service. With more than 1,800 branches nationwide and accredited international partners, this money transfer service is made available to clients within and outside the Philippines. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

During the holidays, we get to spend so much, in terms of gifts, decorations, and Christmas treats. While it may be true that the Yuletide season is all about partying to your heart’s desire and being merry, we should not forget to consider the possible effects of overspending. If savings would not be enough, people tend to utilize their credit cards, just to make up for the expenditures and cash that no longer exist in their bank accounts. Yes, it may seem like a convenient and harmless idea at first. However, such as with all things, too much of anything may do more bad than good. With this, we had listed a few pointers in utilizing your credit card during the Holiday season:

1. Know your limit, literally.

All credit cards have spending limits. This is clear from the very moment you had decided to get one from the bank. For those who are not familiar with the term, what does it mean? Basically, using a credit card is like borrowing money from a bank. Credit limit is set by the bank so that you may only avail within a certain range of amount. If you lose track of your spending, there is a strong possibility that you will go over the limit. Keep this in mind as you will incur penalties and charges if not careful.

2. Be careful of deceitful promos and discounts during the holidays.

It is natural for us to save, hence we go for the items that involve reduced prices. However, some retail stores tend to fake some deals, having a few fine print conditions in their discounts resulting to hidden charges. This is more critical when you’re using a credit card, since you’re technically spending more than what you had bargained for, adding the interest rates to the charges, etc. The best advice would be to plan your purchases ahead of time, so that you may be able to canvass and find a truthful deal along the process.

3. Take advantage of your credit card’s reward system.

Some credit card companies reward their clients if they happen to have a clean record, no overspending over the limit and no late payment on the monthly rates. In lieu of this, why not avail this certain feature? It wouldn’t only save you money; it would also enable you to pay less when the monthly bill arrives. Some companies even reward you with points, bought about by achieving a certain number of purchases using your card.

4. Be on the lookout for coupon codes.

Not to be mistaken with discount and other promos, coupon codes are those which may be found online, instead of the actual store itself. Some offer varieties of percentages in price deductions, while some may only be availed once you buy an item of certain amount. You may even validate the code itself using the main website of your credit card company, or the main server of the coupon website itself. Do remember to read the fine print though, just to be sure that there are no other conditions in your purchases.

After knowing of our valuable tips, you may definitely want to pay for the monthly credit card charges of your transactions with great ease, and through that be able to save for the future without any impending balances. No worries, as Cebuana Lhuillier offers their Bills Payment Services in their 1,800 branches nationwide. All transactions are online and are completed quickly and safely. Its current partners (such as Metrobank Credit Card) also include major telecommunication networks, insurance companies, online businesses, and schools. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image Source: http://www.creditlawcenter.com/shouldiclosemycreditcard/

Everyone’s excited to get their Christmas bonus. Why wouldn’t they, considering that the holiday season brings forth so many expenses. It isn’t just about spending all your money on yourself; it’s also about spending for other people as well, meaning you’ll have twice as much spending to do, and it just keeps on adding up depending on the number of people you’d have to buy gifts for. And it doesn’t stop there, as you would also have to prepare for the Christmas Eve dinner. At the rate of your spending, you may have nothing left by New Year, or worst, be in debt at such time. With these in mind, we prepared 10 Christmas money budgeting tips to make sure that you wouldn’t have to experience any money concern during and after the Yuletide season:

1. Save up.

Probably one of the most basic, yet, commonly ignored advice. Throughout the year, you are given an opportunity to save for future needs; hence, from January to November, you are given about 11 months to save. Learn to keep aside a few amounts each month leading up to Christmas, and only then would you have enough to spend for the whole December. The best thing about this is, the more money you save each month, the higher the chances of having more left even after New Year’s celebration.

2. Too many lights? Cut down the decorations.

Yes, all occasions need the appropriate décor, the same with having confetti in your birthday and having pumpkins on your doorstep for Halloween. However, it isn’t really about the appearance, but more on the amount of your decorations. If you have an average or small sized home, reduce the amount of Christmas lights. A few hanging over your window, shaped into a Christmas tree, is enough. Less décor, less maintenance, fewer expenses.

3. Collect those coupons.

Usually, supermarkets hand out discount booklets a few weeks before Christmas. Take advantage of this and try to look for more vouchers online. You may spend a few for print outs, but the amount you’ll save from the deductions in the retail prices is nothing compared to the big savings you will acquire from the discounts in groceries and shopping.

4. Pay your bills immediately.

This may sound like a conflicting statement against the purpose of this list; however, remember that bills tend to stack up with penalties when left unpaid over the due date. A much bigger concern occurs when one of your household utility gets disconnected due to lack of payment; the addition of the reconnection fee to the already high amount of penalty fee may leave you with little to no amount left. So be aware of your due dates and pay on time.

5. Make your own gifts.

As they say, it’s the thought that counts. Usually, hand-crafted presents are more valuable and less expensive than ready-made ones. Perhaps a hand-knitted scarf will do the trick, or even a paper Mache display animal for their living room.

6. Learn to say no.

Yes, Christmas is a time for sharing and unconditional giving, however, you are also liable for your own expenses, and giving in to the request of your kids (or other loved ones for that matter) in buying an expensive gadget may put your budget in jeopardy. Remember, sometimes you have to teach your loved ones that love is best expressed by actions, not by branded apparels or high-end cellphones.

7. Let your family know of the true importance of Christmas.

People do not appreciate the true meaning of Christmas. For others, it’s just all about expensive gifts and delicious warm meals, forgetting the fact that it was the time when our Lord was born, and that He sacrificed His own life to save us. Such is the strong message of “it is better to give than to receive.” Motivate, or better yet, initiate for your family to participate in outreach programs during this holiday season. Charity organizations practice the secret Santa program, where participants (without letting the recipients know of their identity) would donate a few second-hand clothes and supplies for the less-fortunate ones. This is hitting two birds with one stone, as you would not only teach your family the true essence of Christmas, but also, you would be able to save big as supplies don’t cost too much in groceries, and you wouldn’t even have to buy them new clothes for second hand apparels would be sufficient for the program.

8. Prepare your Christmas list ahead of time.

This is related to the first tip in this list. Saving up for Christmas is one thing, but knowing what you’re really saving for is another. You’ll also be able to approximate the exact amount and price of the gifts, hence, be able to plan out your gifts without overspending by mistake during the process.

9. Buy in bundles.

Christmas season brings about many promos like buy 1 take 1. Always remember to take advantage of this as well. If you’re planning to make fruit salad or spaghetti for the Christmas Eve dinner, for example, you may be able to encounter the ingredients in a plastic-wrapped basket, all bundled up for a discounted price. This is getting more value for your money, rather than buying things separately, which may cost more.

10. Take note of all your expenditures.

Regardless of what you buy or the services that you avail, pocket the receipt; don’t just throw it away immediately. Add up your expenses and plan out alternatives so that you may avoid paying more than you need to. Avail wisely, save highly.

So, you had finally decided to plan your budget ahead of time, however, you still came to the conclusion that it wouldn’t fit well enough to survive the holiday expenditures. Well, worry no more, as Cebuana Lhuillier offers its Pawning Service. They lead the pawning industry by offering safety and the highest appraisal rate in the industry in its more than 1,800 branches nationwide. Accepting an array of items, from jewelry to gadgets, as collaterals, the company’s core business has evolved with the needs of its clients. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

We Filipinos love to eat. Whatever the occasion, a personal party or a big time feast, the centerpiece of our celebration would probably be the buffet right at our dining table. Christmas season is no different. We are entitled to choose our own meals, tinted with our top secret recipes just to impress our visitors for the Christmas Eve dinner. And no matter the cost, as long as our delicacies generate the expected smiles from our guests, we are definitely smiling along with them, thinking to ourselves, “We had succeeded!” Yes, great food is one way towards other people’s hearts, however, such may only be the case if we managed to mix the right ingredients, and sometimes the right ingredients would cost too much. Well, in such case, keep your worries away, as we had prepared a list of the Top 10 Budget-Friendly Filipino Noche Buena Favorites:

1. Bibingka – A familiar treat among Filipinos, this variety of a sweet steamed rice cake has strong heritage significance from our rich history. Just as our great, great grandparents enjoyed having this on their dinner table, so do their cheerful descendants who are avid fans of this delicacy as well. No need to go to fancy restaurants for this, you may find this treat right outside the church during early morning masses leading up to Christmas day, with the price usually ranging from P35 – P50.

2. Fruit Salad – If you want your budget done right, you have to do it yourself. Food that is prepared by your own hands can give you an advantage, especially if you’re already familiar with the preparation process. The more you know about the exact amount of ingredients, the fewer mistakes you’ll make in purchasing them. This is true when it comes to fruit salad. You see, a true expert in preparing one knows how much condensed milk or cream, canned fruits, and additive syrup he/she would have to put in to achieve just the right amount of sweetness. The whole ingredient ranges from P300-P450. Choose your ingredients wisely.

3. Puto Bumbong – Similar to bibingka, this may also be found outside the church during early morning masses leading up to Christmas day. If you want variety, in terms of desserts, you may have to include this one as it features the stickiness that bibingka lacks. The sprinkled sugar and coconut bits add a majestic flavor to this already delicious treat.

4. Queso de Bola – This is one treat that every Filipino family should have on their table at Christmas Eve. Not to be mistaken as a mere traditional display, this rounded cheese made more appearances at Christmas than some of your aunts and uncles, who mysteriously disappear every Yuletide Season (hmm, we all wonder why). The elegant taste adds a smooth, salty variety to your meal. Don’t let the appearance intimidate you. Yes, some are truly expensive. However, if you would persevere, you would surely find a grocery selling certain brands of this delicacy for a much affordable price; sometimes, even buy 1 take 1.

5. Embutido – Tired of hearing your visitors complain about how you had served them with cold food? Worry no more, as this delicacy may be served in either cold or hot temperature, depending on your preparation. As our own version of meatloaf, this favorite is a must-have on the table, exploding with different flavors due to the variety of filling in the middle. This is also affordable, as some are even sold in foil-wrapped bundles, having enough for every guest at the Christmas Eve dinner.

6. Leche Flan – Another delight that may be served as either hot or cold. This desert may be purchased or prepared. Regardless, you would be able to get more value for your money, as price of this delicacy is within reach, one tub us usually priced P35 – P50, depending on the size. Discounts are also given if bought in bundles.

7. Filipino Style Spaghetti – What Filipino gathering would be complete without spaghetti? It may seem strange for foreigners, but our love for this delicacy never fades, whether at birthdays, weddings, or even blow outs. Recently, groceries started selling pastas with tomato sauce and other needed ingredients in plastic-wrapped baskets. This offer usually appears during the yuletide season, indicating that stores indeed study their customers. The best thing about this is it also comes in a reduced price. Imagine getting all of the ingredients for less, unlike buying them one by one in which you would likely never save any amount by the time you exit the supermarket.

8. Lumpiang Ubod (Lumpiang Sariwa) – This is another one of those masterpieces, not due to its appearance, rather because it is made by your very hands. Yes, you purchase a few to save up preparation time, however, where’s the fun in that? Besides, purchasing the ingredients may help you think wisely about the exact amounts to be bought. The right amount of vegetables and sauce mix that you can buy for its preparation may make the difference between getting the right amounts and spending less, or buying more than what you need and spending a lot in the process.

9. Barbecue – Notice a certain pattern in the list? There are numerous times in which you may be able to save more only if the food to be served is prepared by your own hands, meaning, you would spend more if you were to buy ready-to-eat meals. Again, this is due to the fact that you would be able to buy the right amount of ingredients and avoid overspending at the same time. Barbecue, whether pork or chicken, may not be too pricey if you know the right delicious parts to be bought. Some pork parts are cheaper than the other but less tasty, this may be remedied with the proper marinating. Ketchup and soy sauce, with a touch of citrus and garlic definitely adds to the taste. Brush the pork/chicken while being grilled to add a tender coating of sweet marinate, even after pulling out from the charcoal.

10. Kastanyas – “Chestnuts roasting on an open fire…” – Isn’t that the opening lyrics of a famous Christmas song? Yes, it is. As the song clearly signifies, nuts are a traditional part of our Yuletide treats. Here in the Philippines, it is identified by its hard outer shell, which then softens as you expose it to heat. The result is a holiday snack sold per gram or kilo, depending on the current market price. Nonetheless, it’s another must have on the dinner table.

So, you are prepping up your budget to prepare the said delicacies, but you had only counted enough as the other half of your expenditures would be allotted for the gifts to be given this holiday season. You need a few extras to survive this Yuletide season. Well, worry no more, as Cebuana Lhuillier offers its Pawning Service. They lead the pawning industry by offering safety and the highest appraisal rate in the industry in its more than 1,800 branches nationwide. Accepting an array of items, from jewelry to gadgets, as collaterals, the company’s core business has evolved with the needs of its clients. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image Source:
http://www.kusinamasterrecipes.com/bibingka-recipe/
http://www.kawalingpinoy.com/leche-flan/
http://bambit.kusangpalo.com/wp-content/uploads/2012/01/

Christmas season is among us and there are already countless holiday promos in malls as of late. This has caused many to rush to their nearest brand stalls and purchase to their hearts content. However, as delightful it may sound to shop for items for a much lower price, the hassle comes with the crowd. Shopping in a mall with countless sale offers may prove too much of a struggle, as people have the same idea as you, and the huge crowds may make it difficult for you to walk through the aisles. There are countless viral videos online which show many people getting hurt due to stampedes and panicking shoppers, worrying they’ll get the least from discount offers if people get ahead of them in the line. With these, we had listed a few money-saving, stress-free Christmas shopping tips to protect you, our avid readers from deceiving offers and the hostile environment, which are the discount-infested shopping malls:

1. Plan ahead of time.

Do you already know what you need to purchase? If you’re going to a crowded shopping mall with an incomplete shopping list, then you might as well just waste valuable time. Remember that going through a crowd is exhausting, and that going back and forth due to unbought and forgotten presents may take too much time and energy. Plan out your list as early as possible and route your direction within the store isles (if you’re familiar with the mall structure). Take it from us, you’ll have more time to prepare for the Christmas Eve dinner after.

2. Make your own presents.

Why waste time and money going through a crowded mall when you can just make your own presents? Hand-crafted miniature models, self-made paintings, and hand-knitted sweaters will surely bring a smile to your loved ones more than expensive brands may do. Prepare your own gifts and save big without going through any hassle.

3. If others can do it, ask for their help.

Bustling in the city malls and spending your own money in one go may be ineffective, especially if you’re going through a financial drought. What would be your best alternative then? In the Philippines, there are such things as “Bayanihan,” or the well-appreciated gesture of help and assistance from our family, neighbor and friends. In this way, why not ask a loved one to buy for you a few gifts from your Christmas list? You may pay them in full right after, or perhaps pay up in installments, rendering it as a form of gift from them. This may seem like asking too much from a family or friend, but there are times in which you definitely have a valid reason, perhaps needing to get away from stress and they will surely understand your reason for avoiding it all this holiday season.

4. Recycle old, unused items from your home.

We’re not talking about furniture, rather well-kept appliances that you may not have utilized due to your fear of high electricity bills. An unused iron or rice cooker may be a great gift for your relatives. No need to spend much for wrapping as well, you may decorate a few layers of bond paper with Christmas patterns and redecorate with a cheap ribbon to top it off.

5. Be aware of discounts online.

The best way to get real-time information on available vouchers and sales within your favorite malls is to check their official social media page or website. This is related to the very first tip in this list, as you would be able to plan ahead of time, preparing you for any possible holiday rush or panic.

So, you had already allotted enough for your shopping list, but forgot a few more acquaintances in the process. To your surprise, you may need more amount than what you had listed, just to make amends for the sudden change in your budget. Well, worry no more as Cebuana Lhuiller offers its Happy Loan Service. It is a multi-purpose loan amounting to Php 5,000 offered to any individual who is employed, self-employed, student, or a remittance beneficiary. The best thing is, almost anyone can avail this service, as any individual with source of income (employed, self-employed, remittance, allowances & pension), falls within the age bracket of 21-65 years old, and has passed the company’s credit scoring guidelines may avail of this spectacular opportunity to receive a few extras this Yuletide season. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Cebuana Lhuillier, one of the country’s leading microfinancial companies, has forged a partnership with Bayad Center to further boost its domestic remittance service in the country.
The partnership officially makes Bayad Center as one of Cebuana Lhuillier’s Pera Padala Authorized Agents, which adds 250 transaction outlets more to the company’s already existing over 1,800 branches nationwide.

“As one of the most trusted companies in the financial industry, it is really an honor to have Bayad Center as an addition to our list of remittance agents. This partnership will open new doors of opportunities for both of our businesses and will definitely provide our clients an added fast, easy, and safe option for their domestic remittance needs,” Cebuana Lhuillier President and CEO Jean Henri Lhuillier said during the partnership signing on September 19, 2016 at Makati City.

Known in the Philippines as a bills payment service provider, Bayad Center can now accommodate sending and receiving money remittance to and from any Cebuana Lhuillier branch in any part of the country.

With the addition of Bayad Center, Cebuana Lhuillier’s roster of domestic remittance partners increases to 31. These partners form a network of 2,561 branches located nationwide.

Also present at the event were Cebuana Lhuillier Chairman and Philippine Ambassador to Portugal Philippe Jones Lhuillier, Cebuana Lhuillier General Manager Hamilton Angluben, Bayad Center President and CEO Manuel Tuason, and Bayad Center Senior Vice President and COO Francispito Quevedo.

We all have our home sweet home. It’s the place where we relax, take time off from work, and even celebrate with our friends during some weekends. However, as much as it may deem to be the safest place for us and our family, cautious measures should always be implemented so that we may avoid possible injuries and big amounts of expenses, especially when disasters such as calamities and storms arise. Yes, we shouldn’t need to worry if our house is well-built, but some disasters are strong and unavoidable, so much that what we can do is just simply prepare for any type of catastrophes. With that being said, a home insurance is always a good option when it comes to protecting our home and financial well-being. We had enumerated a few valuable tips on getting the most out of your home insurance.

1. Know your home’s value.

As with the prices of things we buy in the supermarket, knowing the value of our home may save us hassle in the future. This would help the insurance company and home builders to determine how much claim would be given to you, in such time that your home is damaged due to calamities. This is not limited to storms, as fire and other accidents that happened within your home that caused the damage/destruction may also be covered. Take note that there are premiums that would extend some coverage, which is why it is wise to research about home insurance policies as well.

2. Cause and effect.

Speaking of policies, know that external factors matter when it comes to choosing a premium. May it be crime rates in your neighborhood, your living habits, your home location, how close you are to highways and busy areas, trees around or near your home, etc. your surrounding will always have an effect on your home. The more risk your home faces from these external factors, the higher the premium that your home insurance should be entitled to. It may cost much at first, but it is always better to be prepared for everything.

3. Prevention is better than cure. It will also bring discounts.

This is true in most cases, as some insurance companies are willing to give you a deduced price on your premium expenses if you have safety measures in your home. Things such as a home burglary alarm system, well-maintained bolt locks, fire alarms, well-maintained wiring and electrical system, a nearby fire hydrant, a nearby police department, and a well-structured and maintained stairs, sidewalks, driveways, and entrances (less chance of injury), etc. may show the insurance company that you clearly care about your home and may share that concern well enough to provide you discounts. The reason that most insurance companies would do this type of offer is that some people with no best interest at heart would try to scam the companies by purposively damaging their own home, and then blame it on the lack of security measures.

After reading our tips, you decide to avail a home insurance so that you may be protected from the unforeseen occurrences of nature; however, you can’t decide which one to go for. No need to worry, as Cebuana Lhuillier Pawnshop offers their HomeCARE Insurance, a very affordable Residential Fire Insurance coverage. It offers loss protection to buildings and residential dwellings including their contents against perils of fire, lightning and other allied perils such as earthquake, typhoon and flood. Never fear the force of nature, ever again. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy, and secure transaction.

Emergencies bring many forms of expenses, may it be for health or for home. However, not many of us are aware that there are ways to decrease our expenditures in times of crisis. Being in a calamity requires not just a peace of mind, but also financial smarts. Only then could we be able to avoid spending big amounts of money to cope with tragedy. With these in mind, we enumerated a couple of ways to manage your finances in times of emergency, most important, how to prepare for one financially. Take note that proper planning is key to doing the following pointers. Always be ready for anything.

1. Save up for future use.

There are certain moments in which you may need an extra cash just to be able to pay for emergency utilities and rations. It would be wise to remember to at least have your own emergency fund so you may be able to have just enough amounts of cash to help you during calamities. Keep your cash in a safe, yet easy to access container, one which only you are aware of so that you may readily acquire cash when everything goes to panic due to calamities. Also, never rely too much on ATM’s, as usually they tend to go offline after a storm passes, giving you more to be concerned about in terms of where to withdraw that much needed cash. Consider opening up an emergency savings account or designate a credit card exclusively for emergency use.

2. Protect your home with precautionary measures.

It is always wise to at least try and make your home storm/calamity/damage proof. They say that prevention is better than cure, which is why, if you’re able to, install a few fire alarms at home. A simple smoke can set the alarm off, making sure you’d have enough time to at least extinguish the small fire before it becomes a huge inferno. There are also some of us who live in earthquake prone areas, an indication that one should arrange their furniture in a way that it wouldn’t fall over any of our loved ones. Spending a bit right now would save you from the larger amount of expenditures caused by tragedy due to lack of precautionary measures.

3. Make an inventory of your possessions.

Most insurance claims require you to present a list of your beloved furniture, accessories, etc. Sometimes, a simple list may not even be enough, as you may need to present images of your belongings; this is due to the fact that most insurance companies are strict when it comes to claims. Make a video of your possessions if you can. Creating an inventory now may assure you that you would have your insurance claims in no time.

4. When it comes to insurance, choose wisely.

Like any form of membership, it is appropriate to study the policies of an insurance firm. Understand the dos and don’ts, find out which is covered and which isn’t, know which calamities or emergencies are included in their claims. Take note of this important step to avoid misunderstanding and losing more than what you had bargained for.

5. Know the extent of the damage.

Remember the very first step? Save up for future emergencies. This is where your well-kept cash may come in handy. So you had done everything in your power to at least tone down the damages to your home and belongings due to calamities. However, you would also need to consider estimating their prices to keep track of total loss. This is very much connected with steps 1, 3, and 4, as they all involve proper management of your resources in times of emergency.

When it comes to calamity, you can never be too sure, so you must always be prepared. Property damage is a heavy burden to carry, but much heavier is it to carry injuries and their related expenses. As an employee, you would also be absent from work due to the injuries, hence your need to recover while missing many paid days of work. Worry no more, as here at Cebuana Lhuillier Pawnshop, we offer the EmployeeCARE, a Group Personal Accident Insurance specially designed for employees. It covers Accidental Death, Disablement & Dismemberment (ADD&D), Accidental Medical Cash Aid, Burial Benefit (Accident/Sickness), Unprovoked Murder & Assault (UMA), Motorcycling and Personal Liability. Mainly offered to companies with a minimum number of employees, interested parties may feel free to inquire further via our Cebuana Lhuillier Insurance Solutions Sales Team at 895-1093 – we assure a fast, easy and secure transaction.

We love heroic moments in movies. When the hero rides his motorcycle, shoots the bad guys, and jumps off in the nick of time to hang on an airplane where the kidnapped damsel in distress is being kept, we almost jump out of our seats in the cinema, hoping that we may someday do the same things in real life. Real life, on the other hand, may prove very destructive when it comes to vehicles. Yes, movie heroes may survive multiple motorcycle crashes, as what the director instructs him to do. In real life, we may not be too lucky though, especially as motorcycles are more likely to be thrown off in a collision. Those of us who own a motorcycle would have to worry about two things; injuries and property damage. With that being said, what better way to avoid big expenditures (whether in hospitals or repair shops) than to avail a motorcycle insurance. We had enumerated a few tips to get the most out of your motorcycle insurance.

1. The right coverage.

The great thing about purchasing insurance is you would be able to study its policies. We are not just referring to minor scratches in your motorcycle. Losing a tire is one thing, but rendering the motorcycle totally non-ridable is another. No worries, as certain coverage and premiums give you many options when it comes to availing the claim just right for you.

2. To add or not to add.

As much as our first advice suggests that you get as much premium as possible from your insurance, please note that too much of anything isn’t also good. Get the premium that you only need. Know your motorcycle so you may also know the type of risk that it may be involved in. The very reason you are getting a motorcycle insurance is that you are avoiding big amount of expenses after an accident, so why spend so much for an unneeded premium before the accident?

3. Be on time.

Insurance involves payment, so you should pay regularly to avoid penalties. As with our regular bills like water and electricity, we should always remember to pay our insurance/s as well. Separate as they seem, insurance companies implement penalties if you’re not able to pay on time. While riding your motorcycle, keep your eyes on the road and focus on safety, but when you get off it, remember that there are also bills to pay aside from the fun rides.

4. Choose wisely.

We are not just referring to your choice of insurance, but also the type of motorcycle that you would like to purchase. You may choose a less powerful engine as this can technically help to reduce your insurance premium, as would an older, less expensive motorcycle. Choosing a bike with lots of modifications will also grant you an expensive premium as they may cost more to repair or replace, not to mention, be more appealing to motorcycle thieves.

You finally decide to avail of motorcycle insurance. However, you would prefer one that would really look out for you in times of need. No need to worry, as here at Cebuana Lhuillier, we offer the MotorCARE Insurance, a Standard Comprehensive Motorcar Insurance that covers Own Damage (OD), Theft, Loss and/or Damage, Excess Bodily Injury (EBI), Excess Property Damage (EPD), and Acts of God/Nature (AOG/AON). Be a hero on the road, be safe, and be insured. Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy, and secure transaction.

It’s that time of the year again! While other countries celebrate the yuletide season at the beginning of December, we Filipinos welcome the holidays as early as September. And while we enjoy every event that comes our way, whether we like it or not, expenses are always nearby. But no worries, we have got you covered, as here are the top 10 tips on how to properly budget during the “ber” months.

1. To upgrade or not?

Discount on gadgets are common during the Holidays, however, one should always remember the quotation “if it isn’t broken, don’t replace it,” as there is no need to upgrade if your current smartphone still works well.

2. Expensive cuts or budget cuts?

Expensive salons promise a more stylish look for the holidays. However, there will always be practical ways in making ourselves presentable without spending too much. Buying affordable cosmetics and hair care shampoos are great substitute for overpriced parlors.

3. Use coupons.

It is in the nature of Filipinos to save, especially with the help of promos. Malls usually provide discounts during the ‘ber’ months. As the saying goes, “take advantage of Buy 1 Take 1 so your cash wouldn’t be none.”

4. Do not let any resource go to waste.

Our parents would always tell us not to waste food during meals. This same rule applies even now. No need to buy food that would go to waste if you still have a few left in your refrigerator. Other simple things such as paper, water, etc. are included in this rule.

5. Turn off and unplug.

Take it easy with the Christmas lights, it isn’t even December yet. Turn off and unplug everything that is not in use.

6. Commute wisely.

Most would commute to save money; however, we should also look for cost-effective ways to travel during the holiday rush. Look for PUVs that take shortcuts, which would otherwise make us ride twice just to get to our destination.

7. Old gift to new gift.

Have any gifts from last year that you haven’t even used at all? Repackage and use that instead as a Christmas present, just don’t give it to the same person though.

8. Make your own present.

Why buy when you can make one? Your loved ones will even be impressed with your creativity. Christmas cards and hand-decorated mugs are a perfect example.

9. It’s the thought that counts.

You don’t have to give everyone a present. Simple gestures such as greetings and acknowledging party invitations are sure to warm their hearts.

10. Track your budget

Saving and reusing your resources would amount to nothing without practicing self-control. Choosing value meals over restaurants can help you save big. Prioritize due dates. Needs first, wants last.

Want to add more to your budget aside from the ones you had saved? Cebuana Lhuillier’s Pawning Service accepts an array of items, from jewelry to gadgets, as collaterals. They also lead the pawning industry by offering safety and the highest appraisal rate in the industry in its more than 1,800 branches nationwide. Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image Source:
http://blogs.wsj.com/moneybeat/2016/04/07/people-arent-upgrading-smartphones-as-quickly-and-that-is-bad-news-for-apple/
http://www.kidspot.com.au/Christmas/Christmas-ideas-Cheap-Christmas-How-to-draw-up-a-Christmas-budget+3652+664+article.htm

Credit cards are life savers. When you run out of cash, with it, you may definitely buy now and pay later. However, there are also some credit card holders who have their own horror stories when it comes to owning one, usually due to misuse and lack of discipline. We at Cebuana Lhuillier value your insight regarding your expenses and financial choices as well. Hence, we created a list of things to consider before applying for a credit card.

1. Spending habits

Everything begins with you. It is your choice and your choice alone that would determines whether you are ready to own a credit card or not. Are you the type of person who would spend for an expensive gadget every time a new model is released? Or are you the type of person who would instead save for future emergencies. It is important to know your ability to self-discipline, especially when it comes to spending, as owning a credit card may also bring temptations to purchase many items without realizing the risk of going over the limit.

2. Credit limit

Payment using a credit card is basically like borrowing money from the bank. Credit limit is set by the bank (depending on the conditions discussed during your application) so that you may only avail within a certain range of amount. If you lose track of your spending, there is a strong possibility that you will go over the limit. Most of the time, this will result in a bad credit history, which may help the bank decide whether they would still let you borrow money in the future or not.

3. Penalties and charges

This is one of the many scary things that may happen when you go over your spending limit. Aside from a bad credit history, you will also get fined for going over the limit. This isn’t just the end of your expense, as other fees would be asked from you. Some of the transactions you had done with your credit card (including buying a new gadget) would include transaction fees in them, the same way that service charge will be asked of you when you dine in expensive restaurants. Think of them as the cost of serving you in your transactions.

4. Rewards

Charges aside, there are also good points in using a credit card. Some banks would provide reward points every time you use the said item to avail items or services. Of course, there is a catch in this type of reward system. Sometimes, you may have to use the credit card a certain number of times to acquire a single point. The bank initiated this rewards program to make sure that you use the card. No worries though, as long as you are within your limit, the possibility of attaining your reward is higher than gaining penalty due to overspending.

5. Interest rates

Remember when we said that using a credit card to avail items and services is like borrowing money from the bank? Each time you use your card, there is a certain interest that you’d have to pay for that “borrowed” money. Consider researching on the particular interest rates of a bank before applying for their credit card. If you’re going to pay that “borrowed” money in full every month, then the interest rate wouldn’t matter to you. However, if you plan to carry that certain “debt,” you may want to consider a lower interest rate, as they accumulate each particular time passes that you don’t pay your “debt.”

With all that has been said, owning a credit card requires complete self-control and discipline in spending. If you wouldn’t want to have horror stories of your own, then be sure to pay for the charges of your transactions, and with great ease. Cebuana Lhuillier offers their Bills Payment services in their 1,800 branches nationwide. All transactions are online and are completed quickly and safely. Its current partners (such as Metrobank Credit Card) also include major telecommunication networks, insurance companies, online businesses, and schools. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy, and secure transaction.

Image Source:
http://thevirtualworldsbook.com/category/credit-cards/
https://philippinescreditcards.wordpress.com/2015/09/03/helpful-tips-for-using-rewards-credit-cards/

So you left a job to pursue greener pastures, but haven’t quite figured out where those greener pastures are. In times like this, it (quite literally) pays to have a work-from-home job to tide you over while you’re searching. Some of it is easy, some of it not, and it’s pretty much a matter of knowing where your strengths lie and how well you play your cards! Check out these 10 ways to earn money while going through unemployment.

A short stint in food service can be a very humbling experience, and a lot of people from that industry have said that everyone should try it at least once, to build their character up. Interacting with hundreds of different people a day, each with their own set of demands, can tire anyone out – but while you’re there, pick up all the experience you can get.

1. Food Stall

Filipinos love food. A food stall is the easiest way to pick up some extra cash! If you have a special merienda treat – perhaps the best turon, an easy way to make ramen, or a snack that isn’t popular (yet!) in the Philippines – it’s time to fire up the stove, bring out the folding table and set up shop in a great place with good foot traffic. If the people like it, you’ll keep making cash as you watch your customers grow!

2. Graphic Design

If you’re a whiz at Photoshop or Illustrator, you’re in luck! Tons of people are looking for graphic designers for their graphic design needs. Make logos, posters, edit photos for a good fee and set yourself up with a portfolio. Who knows, with enough practice, you can charge a lot higher for your work!

3. Virtual assistant

Organizing schedules, setting up meetings, and making sure every second is accounted for is no easy task, and executives need someone to plan everything up for them. Being a virtual assistant not only keeps you busy, but also allows you to work even when you and your employer are thousands of miles away. Better still, most gigs offer monthly payments, so it’ll be a stable source of income for quite a while!

4. Transcription

Transcription services are in demand, especially in the media industry. You’ll be taking voice recordings and putting it in writing, and it’s a time-exhaustive activity. If you’re good with languages and accents, you’ll be able to recognize most words and accents and be able to provide an excellent output. Try Googling online transcription services and see if you can set yourself up with a gig!

5. Affiliate marketing

Affiliate marketing is a performance-based type of marketing, meaning you get money through marketing the product by yourself. What you do is you gain a supply of the product, and it is your job to sell them, and the company pays you a share of the profits, for your solo marketing efforts. Mostly, you also get incentives if you pull in another friend to do the job with you.

6. Bazaars

If you’ve got a ton of clothes, or appliances that you don’t need and are just gathering up dust in the closet, it’s time to take them out to the bazaar to sell. Clean up lola’s old rocking chair, sew up torn clothes, and buff out old appliances to make them presentable, and watch your money pouch bulge by the end of the bazaar!

7. Online English tutorials

This job has become the bread and butter for many Filipinos working from home. With our good handle on the English language, and our hospitality, Filipinos are good choices for English tutors – and the scores of foreign clients that they get can only attest to that. All you need is a good pair of headphones, a clear mic, a laptop that can supportVOIP applications such as Skype, Viber, Yahoo! Messenger, or AOL, and a good internet connection to start teaching some English!

8. Arts and Crafts

If you’re into arts and crafts, there is a world of opportunity out there waiting for you. People are always looking for cute little accessories, phone charms, or maybe handmade giveaways for big events like weddings, debuts, and baptisms. Also, if you have the knowledge and tools, woodworking is a good way to rack up some serious cash. Build furniture that stands out from the rest and sell them on the internet! So pick up some wire, a ton of beads, some clay, or some wood, and get to work!

9. All-around handyman

Handymen are never out of work. People are always on the lookout for one! Be there to fix pipes, reshingle roofs, or paint a room for your family, friends and neighbors; do a good job, build up a network, and see yourself earning enough cash to sustain that job hunt.

10. TESDA Course

While not exactly a way to make money, it’s a good way to start. TESDA offers a lot of entrepreneurial, skilled, and managerial courses, with certifications that will help you either land a job, or get started on your own business. What’s more, they also offer free online courses that don’t require you to pay for tuition, and provide certifications as well.

Image Source:
http://www.pepper.ph/manilas-meals-on-wheels-a-food-cart-revolution/
http://www.choosephilippines.com/do/shopping/978/christmas-shopping-at-the-world-bazaar-festival/
http://www.santaisabel.edu.ph/academics/tesdacourses.php

We Filipinos always believe in superstitions. Some make sense, while most are just weird. But out of all the local superstitions, those that involve money are definitely the ones we usually practice. After all, we don’t like to lose any, right? With that, here are just some of the most commonly heard money superstitions of Filipinos.

1. Don’t sweep your floors at night. According to our elders, sweeping at night causes luck to go out the door as well, bringing wealth with it.

2. If you buy a new wallet, put a certain amount in it that you should never spend. Rumor has it that leaving a certain amount of money (regardless if it’s as low as P20) would dictate your luck of never running out of money for a year.

3. An itch on your palm means incoming wealth. Regardless if it’s an ant bite or just dirty hands, if your palms itch, expect money in the upcoming days.

4. If you mistakenly wear your clothes inside-out, expect more money. Similar with the superstition of getting lost, wearing your clothes the wrong way would attract good luck.

5. If you are a businessman, giving discount to your first customer of the day will increase that day’s sales. This belief is said to attract more customers and earnings within a single day.

6. Never put your bag or purse on the ground. This is said to cause bad luck in wealth, leaving the owner of the bag/purse with no money.

7. Never pay your debt at night. This is similar to the superstition of not sweeping your floor at night, as it also causes loss of income.

8. When you see a shooting star, quickly take your money (any amount) and wrap it in your handkerchief. The money you had wrapped should then be used for gambling. This would be a sure win for that particular game.

9. Wallet money should be arranged from lowest to highest. This is another superstition that is said to attract more wealth in the upcoming days.

10. Never pay on the first hour and day of the month. Similar to not paying your debt at night, this also causes bad luck when it comes to earnings.

11. When moving to a new house, throw coins inside first before entering. This is said to indicate showering the house with wealth, providing its inhabitants with many blessings.

12. Keep plants with round leaves, cut down those with vines. Round shapes are always believed to symbolize coins; vines however, take their gardeners with them to the ground.

13. Never put money on the table. Many believe that it will cause the family to spend all their money on food, with nothing left to spend on other important things.

14. Black ants are good luck. It is a belief from the Chinese that motivates many to leave sweets on certain parts of their houses to attract ants, and hopefully, money.

15. Use your right hand whenever you pay. This is a belief that indicates balance, as your left hand should be used to receive payment. Proper balance in using your hands attracts more money towards you.

Luck and superstitions aside, hard work would always be the best way in attracting wealth and blessings. Here at Cebuana Lhuillier, we offer Micro-Loan money lending to help you upstart your own business, putting your hard work and valuable time into good use. We create value to customers through a simple application process, easy terms, and less requirements, cutting long lines and long waiting time. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image Source:
http://www.icytales.com/13-ridiculous-superstitions-existing-in-india/
http://www.jmlalonde.com/shooting-star-leadership/
http://www.zipmatch.com/blog/upfront-costs-buying-philippine-home/

Are you planning to go on a vacation? Wanting to get away from the stress of work? How about fulfilling your list of dream destinations across the globe? Yes, we all dream of having that perfect relaxation, regardless if it’s in the white sandy beaches of Boracay or among the snowy mountains of Canada. However, with every dream destination, there will always be expenses along the way, and most of the time, travel does not come cheap. We would have to spend thousands just to reach local vacation spots alone. But no worries, as we have listed the top 5 ways to save money when travelling.

1. Always plan ahead.

When planning to go on a vacation, it is always wise to consider all of your expenses. This doesn’t mean you would just list down the cost of transportation, as even the place you would have to stay in (commonly known as accommodations) during your vacation would also add to your expenses, and the more exclusive the room is, the higher its price. Go for an accommodation that is near your exact vacation spot to avoid further travel cost

2. Do your research.

While many vacation spots advertise the good points of their most-visited landmarks, you should not forget to do you own study of the place. Most vacation spots have their official websites, and these sites have sections where you can look for reviews about the place. Is it safe? What are the interesting activities to participate in? Are there any hidden charges to the accommodations? How good is the service?

3. Good timing equals great savings.

There are certain months within a year in which travel agencies would offer discounts and promos in their offered travel packages. Look for the ones which would fit your budget. This tip is connected with tip # 1 as well, since you would have to clarify hidden charges, and if their promo package already includes accommodations. Never hesitate to ask questions, as this is your budget we are talking about, after all. Some agencies even offer customizable packages, so you may really fit your budget to achieve a cost-effective travel.

4. Just pack what is necessary.

Sometimes, less is better. Airlines charge extra due to excess baggage and for each airport that you would have to go through; the accumulated extra charges may greatly affect your expenses. Just bring what you need. Going to a warm place? Bring your sun tan lotion and beach wears. Planning to freeze in a cooler climate? Pack your jacket and Christmas mug for those warm chocolate refills.

5. The more, the merrier.

Why would you choose to spend time alone when you can bring along your friends? Some agencies (similar to tip # 3) offer discounts when you travel in groups, accommodations included. Of course, this would enable more savings, meaning, you would still have extra cash to buy souvenirs for your loved ones back home. Believe us, they’ll greatly appreciate it.

So, you finally decide to go on that dream travel towards local favorites such as Boracay and Palawan, and you’re definitely enjoying every value of your vacation as every airway travel gives accumulated rewards. It seems airline companies aren’t the only ones offering reward points though, as Cebuana Lhuillier also has its 24k Rewards Program. It instantly grants clients with exclusive privileges, discounts, freebies, and special service offerings for every transaction they make at any branch nationwide. So for every local dream destination, Cebuana’s 1,800 branches are here to serve you. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image Source:
http://www.theholyweb.com/a-list-of-useful-websites-and-apps-for-fun-and-cheap-travel/
http://blog.opodo.co.uk/hand-luggage-and-checked-baggage-tips/

Personal loans are double-edged swords. It can help you get back on your feet after an emergency, square off some outstanding debt, get you through an unexpected financial situation or help set up capital for that business idea you’ve been working on.

Sadly, a lot of people would take out personal loans to buy frivolities and luxuries that they can do without, and they end up not paying them off, leading them to the first few steps to financial ruin. Taking on debt is a huge responsibility, because if mismanaged, debt can compound and grow before you even know what’s happening. Before taking out that personal loan, here are a few things you should consider:

1. Check out your credit score

To banks, your credit score is everything. They’d be more likely to clear a personal loan (with good interest rates, as well) if you have a good credit score; the opposite is true if your credit score is in the red. To avoid biting off more than you can chew, take a good look at your last credit report, square off any debts you have, if you can, and try to improve your credit score before you even apply for a personal loan. Trust us, it’s in your best interest to do this!

2. Look around

Not every lender is right for you. Find a lender that gives you flexibility with its payment terms, reasonable interest rates, and at a fee you will find manageable Cebuana Lhuillier’s microfinancing solutions might work for you, compared to other lenders and banks that charge very high interest rates, which might leave you with more debt. Make sure that the personal loan you take out is a loan that you see yourself paying off as soon as possible. Never bite off more than you can chew!

3. Consider the fees

Most loans would have other, less noticeable fees besides principle and interest rates, and every single peso adds up. Check every clause in the contract before signing, and weigh it out – will I be better off after taking out this loan, or will this really hurt me in the long run? Learn to weigh the risks and the benefits before you take out a loan to avoid inconveniences in the long run.

4. See if it’s affordable

If you’re taking out a loan, be sure that you can afford it. The longer it takes you to pay, the bigger the interest you incur. Before taking out a loan, figure out how to set up a monthly budget dedicated solely to paying off your loan. If it turns out to be a reasonable enough amount to pay off each month, and if you’re confident that you’ll be consistent about it, take it out. It helps to consider every angle of your loan to protect yourself.

5. Get all your documents in order

Many borrowers have been denied, or charged with higher interest rates, just because they didn’t bring the complete documents needed by the lender to fully assess their financial background. Avoid this by taking everything with you: identification, credit card statements, billings, tax forms, deeds, titles, and other things that a lender might require you to bring. Save yourself the hassle of paying more by being prepared!

Image Source:
http://ivsz.hu/ivsz-rol/alapdokumentumok/
http://ourfinancialsecurity.org/2009/11/a-one-page-credit-card-agreement/credit-risk/
http://ivsz.hu/ivsz-rol/alapdokumentumok/

It’s hard spending money. Sometimes, we get caught up in the moment and suddenly drop P3,000 on a nice sweater that you won’t get to wear, or P50,000 on a new laptop that you don’t really need, or maybe you buy round-trip tickets to a destination you’ve always wanted to see, but it wasn’t a seat sale. Impulse purchases on small and unneeded things build up to negative cash flow, and it usually is why you find yourself experiencing “petsa de peligro” 2 days after payday.

The YOLO mentality is real. It makes a lot of people impulsive, dropping cash on a lot of things that can wait, in pursuit of satisfying a need immediately. These spending habits can have a bad effect on your financial stability; before long, you might find yourself deep in debt. Read on and see if any of these 5 bad spending habits resonate with you!

1. You don’t have an emergency fund.

A lot of people, especially young ones, don’t realize the value of having an emergency fund. Financial experts recommend that you set aside at least half a years’ worth of monthly expenses as your emergency fund, to take care of things that may go wrong in the future. Make no mistake, having an emergency fund will be advantageous to your future (and can also work as show money for applying for visas!)

2. Using your credit card on everything.

A credit card makes a lot of people feel powerful. With one swipe, whatever you desire can be yours. Tomorrow be damned, you’ll cross that bridge when you get there. Sales all around, and you swipe to your heart’s content, even on items you don’t even need, like winter coats you’ll never get to use. What you don’t realize is that doing this gets you closer and closer to maxing out your credit card – an incident that will wreak havoc on your credit history. Be careful!

3. Spending to not be left out.

The new iPhone is out! Oh, is it #LaBoracay already? Let me get the tickets! My Instagram friend had a steak dinner at Blackbird – got to have it, too! Our fear of missing out preys on our spending habits. When you feel bad that you don’t have what others have, you spend money to get it as well, even if you don’t want it. Learn to exercise temperance. Double-check every purchase you’ll make, and ask yourself if it’s a good long-term investment, or another instant gratification episode.

4. Satisfaction now, regrets later

Credit cards make you feel the gratification, but pay for it later, in more ways than one. In many cases, this kind of thinking also leads to not paying your debts on time, leading to big overdue fees, or maybe even compounding with other debts. It’s going to be hard to pay it all off all at once, and it makes your credit history suffer. Try to keep careful track of your expenses and limit yourself to avoid being in this situation.

5. Borrowing to pay off debt

A lot of people think that the only way to pay off debt is by taking out another loan to pay for it. In many ways, that is so wrong. Not only is this counterproductive, it doesn’t help your credit score in the least, and it means you will be trapped in a cycle of debt, with interest rates climbing and climbing as you take out more loans to pay for other loans. Work off your loans one at a time to avoid this.

Image Source:
http://www.insidefortlauderdale.com/1122/YOLO-makes-the-Banned-List
http://www.thefrisky.com/2011-06-17/7-shopping-pet-peeves
http://www.infobarrel.com/Borrowing_Money_from_Good_Sources

Sometimes we encounter situations that demand us to spend more than we’ve budgeted for. These may be due to emergencies or miscalculated business transactions. Whatever the reasons are, first, we must not be hard on ourselves for not being prepared enough to attend to these sudden needs.

While there are several creative options to come up with money, pawning an item is perhaps one of the easiest and fastest ways to generate cash. However there is still this stigma that pawning is an embarrassing way to generate money when times get rough. Here are some things to consider:

1. You have to tend to your needs and obligations

Yes, budgeting early on is necessary. But should you slip, just get back on track. For now, focus on attending to your responsibilities. Consider your timeline. When do you need the money? Pawning is fast and easy. For immediate needs, why not consider it? This way, you’ll save time and energy and you can shift your energies on other areas of your life as well.

2. Assess the risks and returns

Cebuana Lhuillier assures the highest appraisal and security for pawned items. If you wish to have your valuable possessions back, then selling it is definitely not an option. For every pawned item, Cebuana Lhuillier’s advance interest amounts Php4 for every Php100 loan amount. To maintain our standard of service, clients will be charged additional one percent (1%) of the principal loan, but not exceeding five pesos (Php5). No other hidden charges will be deducted from the loan.

3. Who cares what others think?

Filipinos get too conscious about what others might think about their activities. Don’t let yourself get caught up imagining others judging you. Know what you need to do. If you let others affect you all the time, otherwise, they will rule your life.

So, you think you should pawn? Cebuana Lhuillier accepts gold, diamond, and platinum jewelry and watches, as well as selected non-jewelry items such as cellphones and laptop computers. Visit the Cebuana Lhuillier branch nearest you–we assure you that it will be a fast, easy and secure transaction. There’s nothing to be ashamed about that!

Image Source: http://www.schoolatoz.nsw.edu.au/homework-and-study/other-subjects-and-projects/business-and-economics/budgets