How We Got Out of Debt

Being in debt is very common in most Filipino families today. It becomes so normal in the Philippines that some are even buried up to their eyeballs just to keep up with their friends, co-workers, and whatever is trending on social media. They already lost the hope of getting out of debt in the future.  I remember the time when …

How We Paid Off Over P 450,000 Of Debt in 6 Months

Being in debt is normal in the Philippines. The Bangko Sentral ng Pilipinas (BSP) released the National Baseline Survey on Financial Inclusion (NBSFI)1 in 2015 which is the first national survey of Filipino adults who are actual and potential users of financial products and services. It stated that almost 5 of 10 adults (47.1%) have debt, 33.8 percent borrowed in the past …

How to Budget a Seafarer’s Income in 5 Simple Steps

We all know that the income of a seafarer on board is  usually more lucrative compared to the income of employees working ashore. So often times,  we may think that seafarers are living a really good and easy life. But actually, life on board ship is not as sweet as a piece of cake like what other people are thinking. …