The internet is swarming with money-saving tips aimed at helping you achieve financial freedom. With all these financial tools and advice available, sometimes it can be overwhelming to listen to the various voices telling you the do’s and don’ts in managing your finances and building your wealth.
But don’t fret, we are here to offer you the best financial tips that will surely help you be on your way to financial independence. From the most practical tips to manage your money, to finding ways to increase your earnings, we’ve rounded up four of the best financial tips below.
Learn and Understand the Basics
A good way to achieve your goal to become financially independent is to learn and understand the basics. Start by creating a financial calendar, paying attention to your debts, and tracking your net worth. Creating a financial calendar will help you manage your money efficiently and conveniently. Paying attention to your loans and its interest rates will help you understand which financial commitments you should focus and settle first. Learning about your net worth will also let you know where you stand financially. It will serve as your guide, which will warn you if you are falling short on your budget, or making strong, steady progress towards your financial goals.
Manage Your Finances Like a Pro
Learning the art of budgeting is the starting point to become financial independent. You can manage your finances like a pro by setting a budget for every purchase or investment that you’re planning to make. Always avoid overspending since this will accumulate over time and bury you in a pile of debt. Also, take one minute of your time to check on your daily finances. This will help you keep track of your expenses, budget, investments, and other financial commitments.
Spend Your Money Wisely
You deserve to enjoy the fruit of your hard work, but be sure to make smart purchases. Spend your money on things that will make you feel good, bring happiness and memorable experiences (e.g. traveling, going to concerts and watching movies) instead of spending it on material things that will depreciate in value over time.
Increase Your Earning Potential
Practicing frugality as a lifestyle is good to help you avoid debt in the future. Your savings will also help you in times of emergencies. However, don’t forget to focus your time and effort in increasing your earning potential as well. Getting a new job and negotiating a new salary is one way to increase your earning potential. Aside from this, you can also focus your energy on making more money through investments. Yes, your income doesn’t need to stop at your day job. You have the power to grow your money by investing in bonds, mutual funds, peer-to-peer lending, and even go to real estate business.
Old or young, rich or poor, no matter what you are, everyone has the same opportunity to acquire wealth and achieve financial freedom.
By learning and understanding these money-saving tips and financial advice, we hope that we can help you achieve the financial independence you’ve always dreamed of.
“A skilled worker, regardless of the job description, remains a treasure.” – Madeleine M. Kunin
The global economic slowdown in 2015 is said to have a delayed impact on labor markets in 2016, resulting in a rise in unemployment levels, particularly in emerging economies. According to the International Labour Organization’s World Employment and Social Outlook – Trends 2016 (WESO), the estimated worldwide unemployment rate in 2015 was 197.1 million and this year it was estimated to rise by 2.3 million, reaching to 199.4 million.
Result of Unemployment This report by the International Labour Organization (ILO) about the worldwide increase of unemployment is alarming because this will make a big impact in the countries’ economies. High unemployment in a country will result in economical problems such as the following:
Less spending of people, thus, hurting the country’s overall economy
Low GDP (Gross Domestic Product)
or even Recession
Source: ILO – World Social Employment Outlook Trends 2016
Unemployment might happen in many industry. Some of the businesses in these industries will cut employees to control their spending and maintain their businesses. But while this is the case, there are still industries that have high demand for jobs.
What You Can Do So to avoid unemployment, some of the things that you can do are: (1) Apply to the industries that are barely affected by the unemployment trend; and (2) Take freelance jobs.
The Most In Demand Jobs in 2016
Since it is the second half of 2016, let us review the most in demand jobs in the year 2016.
Other thing that you can do to avoid being unemployed is to adapt the freelancing trends. According to a blog post by Elaine Pofeldt in CNBC, employers are preferring to hire freelancers.
“Experts say work in itself isn’t disappearing. What is declining, they say, is how it is packaged. Rather than employ people in traditional jobs, more employers are choosing to hire contractors.”
The Most In Demand Freelance Jobs In a blog post by Rich Person, senior Vice-President of Upwork, he wrote that the most in-demand jobs and industries in Upwork this 2016 are the following:
Presentations Creation (Prezi and Keynote)
In addition, I also found out that these jobs and industries are in-demand:
Web development: Web Design, Search Engine Optimization, Online Marketing
Graphic Design: Logo Design
Key Takeaway In conclusion, the most in-demand jobs requiring a degree are under the Technical and Healthcare Industry. On the other hand, the most in-demand jobs that does not require a degree are Manual Jobs (Drivers and Mechanics) and jobs under the Healthcare Industry.
As regards the freelancing trends, you have no choice but to improve your technical skills — to maintain your “employability”.
If your job or industry is not in demand, do not lose hope. Remember that this is just a guide to help you make a better career decision. And who knows? Maybe the industry where you want to work for will boom next year.
In the 118th celebration of Independence Day in the Philippines (June 12), there will be a Kalayaan 2016 local and overseas employment job fairs to be held in different regions of the Philippines.
Kalayaan 2016 Job Fairs – Central Luzon The Kalayan 2016 Job Fairs offer 5,955 job vacancies for local employment and 5,388 job vacancies for overseas employment. In total, more than 11,300 jobs are waiting to be filled.
The event, with the theme Pagkakaisa, Pag-aambagan, Pagsulong, are participated by 142 participating private companies and 30 government agencies for local employment and 28 recruitment agencies for overseas employment, as processed by the Philippine Overseas Employment Administration (POEA).
It will also be joined by members of the Regional Coordinating Council (RCC) comprising DOLE attached agencies — Overseas Workers Welfare Administration (OWWA), National Reintegration Center for OFWs (NRCO), National Conciliation Mediation Board (NCMB), National Labor Relations Commission (NLRC), Regional Tripartite Wages and Productivity Board (RWTPB), Employees Compensations Commission (ECC), Technical Education and Skills Development Authority (TESDA), and POEA.
The different city and municipal local government units, through their respective Public Employment Service Offices (PESOs), and other allied-partner agencies will also be present.
The job fairs will be held on the following dates with their specific locations:
June 10, 2016 – Old Capitol Compound, Burgos St., Cabanatuan City, Nueva Ecija
June 12, 2016
Malolos Sports and Convention Center, Malolos City, Bulacan;
Liwasang Bayan, San Felipe, Zambales; and the
Baler Municipal Hall, Baler, Aurora.
June 13, 2016 – Rizal, Triangle, Olongapo City
June 30, 2016 – Municipal Ground, Concepcion, Tarlac
Job seekers are requested to go with their proper attire, multiple copies of their resumes, certificates of employment, transcript of records, clearance, photos, and other pertinent pre-employment documents needed by employers.
Pre-Registration “To save time for jobseekers, they may now start filling-up their Skills Registration System Forms to pre-register to the PhilJobnet web. They may likewise visit their nearby PESOs in their areas to register,” DOLE-Technical Support and Services Division for Employment and Welfare Chief Alejandro Inza Cruz said.
Host: PESO – Iloilo, Radio Station RMN 774 Start Date: June 10, 2016 End Date: June 10, 2016 Region: Region VI (Western Visayas) Location: 3rd Floor, Cafeteria Area of City Hall
Host: DOLE – Western Visayas Start Date: June 12, 2016 End Date: June 12, 2016 Region: Region VI (Western Visayas) Location: Mary Mart Mall Job vacancies: 2700 (local), 5500 (overseas)
Available slots: Hotels & Restaurants, BPO, Carpentry, Fitters, Abroad Construction
Baguio Host: DOLE, PESO – Baguio City Start Date: June 12, 2016 End Date: June 12, 2016 Region: CAR Location: University of Baguio Gymnasium
Local & Overseas Job Fair / Kalayaan Job Fair Host: DMDP / PESO Cebu City Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region VII (Central Visayas) Location: Cebu City Sports Complex
31st Sulong Zambales Jobs Fair Host: Provincial Gov’t of Zambales Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region III (Central Luzon) Location: Liwasang Bayan, San Felipe, Zambales
Kalayaan 2016 Job Fair Host: PESO Tagum, DOLE DNFO Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region XI (Davao Region) Location: New Tagum City Hall Atrium
Kalayaan Job Fair Host: DOLE Aurora Provincial FO Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region III (Central Luzon) Location: Baler, Aurora
Independence Day Host: DOLE- Agusan Del Norte Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region XIII (CARAGA) Location: Butuan City Hall (Butuan City)
Araw ng Kalayaan Job Fair 2016 Host: LGU-PESO Malolos Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region III (Central Luzon) Location: Malolos Sports & Convention Center, Bulihan, Mc Arthur Highway, Malolos City
Independence Day Job Fair Host: DOLE- CAR Start Date: 2016-06-12 End Date: 2016-06-12 Region: CAR Location: Baguio City
Kalayaan 2016 Job Fair Host: PESO / DOLE Davao City Field Office Start Date: 2016-06-12 End Date: 2016-06-12 Region: Region XI Location: NCCC Mall Davao
Kalayaan Job Fair Sa Naliyagan Festival 2016 Host: Prov. Gov’t of Agusan Del Sur Start Date: 2016-06-12 End Date: 2016-06-13 Region: Region XIII (Caraga) Location: Naliyagan Cultural Center, D.O.P. Gov’t. Center, Prosperidad, ADS
Independence Day Jobs and Trade Fair Host: City Government of Olongapo Start Date: 2016-06-13 End Date: 2016-06-13 Region: Region III (Central Luzon) Location: Rizal Triangle, Olongapo City
June 14 Job Fair Host: LGU- Mabalacat City Start Date: 2016-06-14 End Date: 2016-06-14 Region: Region III (Central Luzon) Location: Brgy. Cacutud Covered Court, Mabalacat, Pampanga
Job Fair Host: LGU-PESO Daet Start Date: 2016-06-16 End Date: 2016-06-17 Region: Region V (Bicol Region) Location: Central Plaza Mall, Daet, Camarines, Norte
Yagi-Yagi Festival Job Fair 2016 Host: LGU – Rosario, Agusan Del Sur Start Date: 2016-06-20 End Date: 2016-06-20 Region: REGION XIII (CARAGA) Location: Municipal Gymnasium, Rosario, ADS
June 21 Job Fair Host: PESO – San Fernando City Start Date: 2016-06-21 End Date: 2016-06-21 Region: Region III (Central Luzon) Location: SM Downtown, San Fernando, Pampanga
Local & Overseas Job Fair Host: PESO – Palawan Start Date: 2016-06-22 End Date: 2016-06-22 Region: Region IV-B (MIMAROPA) Location: Victoriano J. Rodriguez Hall, RVM Bldg., Provincial Capitol, Puerto Princesa City
Charter Day Job Fair Host: Tandag City Start Date: 2016-06-22 End Date: 2016-06-22 Region: Region XIII (CARAGA) Location: Brgy. Dagocdoc Covered Court, Tandag City
Tabuk City Job Fair Host: LGU-Tabuk City Start Date: 2016-06-23 End Date: 2016-06-23 Region: CAR Location: Tabuk City
9th Charter Day Job Fair 2016 Host: LGU-Bayugan City, Agusan Del Sur Start Date: 2016-06-23 End Date: 2016-06-24 Region: Region XIII (CARAGA) Location: Multi-Purpose Hall, Bayugan City, ADS
Career Expo For Local And Overseas Job Fair Host: LGU- Tagbilaran City Start Date: 2016-06-24 End Date: 2016-06-24 Region: Region VII (Central Visayas) Location: Galleria Luisa Mall Gallares St., Tagbilaran City, Bohol
Local Job Fair Host: DMDP Start Date: 2016-06-25 End Date: 2016-06-25 Region: Region VII (Central Visayas) Location: Punta Princesa Sports Complex
June 30 Job Fair Host: LGU – Mabalacat City Start Date: 2016-06-30 End Date: 2016-06-30 Region: Region III (Central Luzon) Location: Brgy. Sapang Balen Brgy. Hall Annex, Madapdap Rest. Mabalacat, Pampanga
Social media is a global phenomenon happening in all markets regardless of wider economic, social and cultural development. If you are online you are using social media. – Universal Mc Cann
According to TechTarget, social media is the collective of online communication channels dedicated to community-based input, interaction, content-sharing and collaboration.
How do you use social media? Do you use it for personal entertainment or do you use it for a more important cause? Actually there are many ways that you can use social media. Its most common usage nowadays are social networking, promotion, news updates, and building professional brands. But do you know that you can also find your next job using social media?
How to Use Social Media in Your Job Search
You will be surprised how social media can help you land your next job. To give you a head start, here are the top 3 social media websites where you can look for a job:
LinkedIn is a social networking website for professionals. It connects people, companies, same minded professionals, colleagues including alumni, industry and business related groups — to network, search jobs, hire and do research.
If you are already on LinkedIn, one of its most usable features is its online resume that can be viewed by your connections who are possibly looking for good hires. So make sure to make your profile as good as possible.
Receiving job offers in LinkedIn is possible only if you have many connections. But if you are just starting, you can manually look for jobs on LinkedIn yourself. Here is how to job search using LinkedIn:
Facebook is not just a social networking website, it is the ultimate social networking website. If you are not in Facebook, you are probably living under a very huge rock. Here are few of the major features of Facebook:
Marketplace – allows members to post, read and respond to classified ads.
Groups – allows members who have common interests to find each other and interact.
Events – allows members to publicize an event, invite guests and track who plans to attend.
Pages – allows members to create and promote a public page built around a specific topic.
Presence technology – allows members to see which contacts are online and chat.
A. Facebook Job Groups and Pages. There are many Facebook job groups that post legitimate job openings. Most of these groups are created by regular citizens.
Note: Good Facebook job groups will vary on your location.
If you want to join a Facebook job group, log on to Facebook, input the word “job” in the search box, then head over to groups tab. Some factors that you should consider in joining a job group are the following: (1) administrators, (2) number of members and (3) how active the group is.
If you are in the Philippines, you can join the following groups:
B. Events. Also with Facebook, you can keep track of upcoming job fairs and career-related events in your local area.
C. Official company pages. You can follow the official Facebook pages of the company where you want to apply. Most companies share their latest job openings through their official social media accounts.
B. Job Site’s Official Twitter Accounts. You can also check out official Twitter accounts of job sites like @Monster, @Glassdoor, and @indeed.
Caution A sense of caution, social media is not immune from scams. Some social media accounts, groups and pages are made to gather personal information from people who are determined to get a job. So, before you apply for the job post, make sure to do the following:
Verify that the recruiter is genuine.
Google the employer or recruiter’s name. If all you can find are job postings, that is a bad sign.
Track the employer’s phone number via Google or some other reputable web phone directory, or by simply calling Information.
If you cannot verify the availability of the job post or the legitimacy of the recruiter, do not bother to apply.
Final Take: Don’t get me wrong, the traditional method of job search is still effective. But slowly, job search is going digital and you should keep up. If you want an easier job search method, use social media — just be cautious of scams and bogus job posts.
Looking for job hiring today? Check out the best job sites in the Philippines. These websites will help you find the most current job openings, help you quickly find information on jobs you’re interested and connect with the hiring team at the company you want to work for.
Best Job Sites in the Philippines
Here are the best job sites and job search engines in the Philippines:
Hireme.ph is a simple job search engine. It is different from other job sites because it doesn’t require applicant registrations and it’s FREE for both applicants and employers. Its site navigation is very easy to understand and each job is classified in each industry, giving job seekers faster time to search for the right match for them.
Trabaho.com is an online recruitment site that was developed by Web Philippines, Inc. in 1996. This site is more of an online career resource than a job site. With trabaho.com, you can track current news and job fairs. You can also check out their consolidated career guides and resources which is very helpful to jobseekers especially fresh graduates searching for career fairs.
Phil-JobNet (Philippine Job Exchange Network) is a facility of the Department of Labor and Employment with centralized database maintained by the Bureau of Local Employment. It was launched in 1998 and is meant to exhibit the technical feasibility of a real-time job seeker-vacancy matching system.
This job site was launched as part of the national advocacy strategy adopted by DOLE in popularizing an information technology-based employment service. If you have been to your provincial, city or municipal PESO (Public Service Employment Office), you must be familiar with this site.
Careerjet is essentially a job search engine that acts as traffic driver to job listings. It maps huge selection of job offerings available on the internet in one extensive database by referencing job listings originating from job boards, recruitment agency websites and large specialist recruitment sites. Job offerings in this site are not hosted by Careerjet and users are always redirected to the original job listing. Its job search engine network encompasses over 90 countries, featuring separate interfaces that are translated into 28 languages.
BestJobs works together with CompuTrabajo and InfoJobs.com.br which are part of the job and recruitment network of Red Arbor present in 33 countries including Australia, New Zealand, Singapore, Malaysia, Canada, United States of America, United Kingdom, Ireland, Philippines, Kenya, South Africa, India and Indonesia. What’s nice with this site is their fast jobseeker registration and the easy employer recruitment process.
Indeed is one of the best job search engines worldwide. Its site navigation is very straightforward and its automatic location finder is very handy and time saving. Employers can freely post jobs directly on Indeed. Since 2004, Indeed has given job seekers free access to millions of jobs from thousands of company websites and job boards. This job site and job search engine site drove millions of targeted applicants to jobs in every field.
In terms of web design, this job site has the best web design among this list and is the best online recruitment site for fresh graduates. Like Hireme.ph, this site has a very easy navigation and with their user-friendly and easy-to-use tools, they make job hunting fun and easier. What makes them different from other job sites is their Resume link creator which help job seekers share their resume online.
JobOpenings.ph was launched in 2008 and is a sister site of WorkAbroad.ph. This site is one of the most trusted job sites by top companies and local recruitment agencies in the Philippines. Aside from posting job advertisement, member employers and agencies can also monitor their job posts at anytime of the day and view, sort and contact qualified applicants in an instant.
Like trabaho.com and Jobs180, this job site also offers informative and comprehensive articles. They frequently post employment news, career guides, employee’s rights and benefits, career videos and latest career events.
Founded in 2007, Glassdoor is the world’s most transparent career community that is changing the way people find jobs, and companies recruit top talent. This job site and search engine holds a growing database of 6 million company reviews, CEO approval ratings, salary reports, interview reviews and questions, benefits reviews, office photos and more. Unlike other jobs sites, all of this information is entirely shared by those who know a company best — the employees. Add to that millions of the latest jobs — no other community allows you to see which employers are hiring, what it’s really like to work or interview there according to employees, and how much you could earn. Glassdoor has also a mobile app on iOS and Android platforms.
JobStreet is one of Asia’s leading online employment marketplaces. Since 1995, JobStreet.com has grown to become one of the leading Internet Recruitment websites in the Asia-Pacific, revolutionizing the way recruitment is done today. JobStreet offers a comprehensive suite of interactive recruitment services. International and local Asian corporations recruit from JobStreet.com’s ever-increasing pool of top talent and manage their recruitment process through uniquely developed software applications via the Internet.
In November 2014, they became part of the Australian Stock Exchange-listed SEEK Limited – the world’s largest online employment marketplace by market capitalization.
Started in 1998, JobsDB is a job portal with substantial positions across China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore and Thailand, and is considered Asia’s preferred destination for job seekers. With a team of 1,000 talented individuals, they have a strong local presence in the countries they’re in.
In 2011, (like JobStreet) they also became part of the Australian Stock Exchange-listed SEEK Limited — the world’s largest job portal by market capitalization.
Founded in 1994, Monster.com is the leading online global careers network available in 50 countries around the world. Their tagline is pretty simple “Think Big, Be Happy” and their goal is to help job seekers make the most of their 80 or 90 years on this planet.
Cool isn’t it? To add from these, Monster’s site is very easy to navigate. They also organize fun and crazy contests that is why Monster is the best job site in the Philippines.