inflation
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Dealing with the oil price hike
I remember, kinalakihan ko na ito (I have outgrown this). Every time tumataas ang presyo ng gasolina (every time the price of gas increases), domino effect ang nangyayari (the hike in prices of goods and services is triggered by a domino-effect starting with the oil price hike), meaning the prices of goods and services go Read more
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Even Big Mac is not spared by inflation
This is the size of the Big Mac these days. Before, you cannot hold the Big Mac with one hand because of its size. See what inflation did to Big Mac. Aside from the price increasing through the years, the size is also shrinking every year. McDonald’s, it’s about time you label Big Mac as Read more
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Trickle Down Economy: Fact or Fiction?
Recently, I’ve been seeing posts on the current inflation rate in the country. The inflation rate for September 2019 was at 0.9% compared to 1.7% in August 2019 (image source:ABS-CBN news). But is it something to rejoice about? Let me ask you: Do you feel it? The low prices? Is it there? To the common Read more
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What is a Safe Investment?
People tell me that they prefer to keep their money in time deposits and savings accounts rather than put it in investments like stocks, mutual funds, and other investment instruments. (Note: time deposits earn like .75% effectively while savings deposits earn less than 1% or .25%) I’m certain that 10 years from now… Tuition fees Read more
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Is it really a safe investment?
Some of my friends tell me that they prefer to keep their money in time deposits and savings accounts rather than put it in investments like stocks, mutual funds, and other investment instruments. (Note: time deposits earn like .75% effectively while savings deposits earn less than 1% or .25%) I’m certain that 10 years from Read more
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