Most Filipinos are not aware that their heirs will be burdened with estate taxes upon claiming their inherited properties, vehicles and/or investments. The load becomes heavier since the heirs shall file the returns (taxes) within six months from the time of death or else they will be encumbered with penalties accruing annually. Worst, aside from […]
The new age of instant gratification
Defined as “the desire to experience pleasure or fulfillment without delay or deferment”, instant gratification actually implies that it’s the mindset which dictates that if you want something, you must have it at once. Obviously, this approach is most often displayed among our millennials which manifest itself most evidently on social media as they stake […]
Ensure your child’s education by investing now
For a parent like me, making the most out of my hard-earned money is always a challenge. Money wise, and out of the family’s budget, the challenge is which among all our needs should be prioritized and what me and my husband should save up for. Based on Philam Life’s recent studies, education always falls […]
Philam Life Smart: Taking the smart road towards your future
Philam Life Smart- Decision-making is not an easy task. There are aspects that should be considered which makes it a long process. Let’s take purchasing a car as an example. You have to make sure that the car suits your needs. This decision comes with a lot of accompanying questions such as: Do I need […]