8 Smart Things To Do With Your 13th Month Pay

When Christmas season kicks off, nothing excites a Filipino employee better than the 13th month pay.

Eagerly, you wait for it. In your head, you are already planning on the things that you want to buy. A lot of us use their 13th month pay to surprise our friends and family members with Christmas presents. Some use it to book their much-needed escapade or travel abroad, while others treat themselves with luxury items and new gadgets. But, the wisest are those who take their 13th month pay as an opportunity to invest.

You waited for your 13th month pay all year long! Don’t be a one-day millionaire. Here’s a list of tips on how you can spend your 13th month pay wisely.

8 Smart Things To Do With Your 13th Month Pay - RichDadph


If there’s a pike of debt hanging over your head, now’s your chance to settle the amount you owe, whether that’s credit card debt, personal loans, amortization, or even borrowed cash from family and friends.

You don’t even have to pay it in full, but you can use your 13th month pay to reduce it significantly. It’s a great way to save on interest expenses.

Reducing or eliminating debt will help you start to build an emergency fund and traverse the road to financial freedom.


Use your 13th month pay to open a separate savings account you can tap into in case of emergency or urgent needs. This emergency fund can prepare you for unforeseen events such as healthcare expenses, home repairs, or even job loss.

Calculate your expenses every month. Your goal is to build an emergency fund that can shoulder at least 6 months of your living expenses.

You don’t have to allocate your full bonus to your emergency fund. Up to 40% to 50% of it will help you get started. Make it a habit of depositing even a small percentage of your future income until you surpass your goal.


Take this as an opportunity to protect you and your loved ones from unforeseen circumstances such as a critical illness, accidents, or disability and dismemberment. Let your 13th month pay cover the cost of your first life insurance premium. Purchasing life insurance in the Philippines is one of the smartest investments that you will ever make.

Be wise and use your 13th month bonus to choose a life insurance plan based on your needs.


Most Filipinos dream of earning passive income, and stocks and mutual funds are the answer. They are among the most affordable investments for Filipino employees to look into. You can choose from a variety of fund structures depending on your risk appetite and individual goals.

You don’t even have to be a stock market expert to earn from stocks and mutual funds. There are fund managers and financial institutions you can turn to who can manage your investment for you.


You are your biggest investment. Don’t hesitate to spend your 13th month pay on your career or personal growth. Consider using part of your bonus to develop your talents or skills by taking a certificate course, joining a seminar or workshop, or buying books that will enrich your knowledge and sharpen your skills.

Whether you can place your new skills in your resume or not, they will certainly improve your sense of well-being, widen your horizons, and even open new doors for you. Who knows, maybe you can supplement your income with the new skills you acquired.


Your 13th month pay is the perfect opportunity for you to finally start the business you’ve long been dreaming of! Whether that’s an online store, a new website, a food business, or a sari-sari store, you can use your year-end bonus to jumpstart your road to owning your very own business.

Perhaps you’re an avid baker who’s already selling cookies and pastries to your colleagues. Well, you can make it bigger by launching your products online. Finally, you can pursue your new business venture with a small capital to get the ball rolling.


It’s the gig economy, and even full-time employees are freelancing to supplement their income. If you’re a talented photographer, you can buy a new camera, lens, or other photography accessories so that you can offer your services in events.

If you’re a content writer, graphic artist, website designer, or software developer, you can invest in a brand-new laptop that can help you work from anywhere you are. Whether it’s a new gadget or appliance, for as long as it can help you earn money, then it’s a wise purchase.


Share your blessings with others. Christmas is all about giving and paying it forward. Some may think that donating to charity is counter-intuitive, especially if there are so many other things that they need to settle or want to buy.

Donating to charity is a great investment. After all, you’re not just contributing to the greater good of mankind. You’re also helping fight a cause you believe in and shaping the world for a better future. Think about it as your way of giving back to society.

Before you head to the mall, think about how you can turn this once-a-year bonus into a long-term financial plan by putting your money in smart investments.

Avoid listening to the voices in your head telling you that you need a new smartphone when you have a perfectly working phone right now. Be smart about money and spend your bonus wisely.

Go to any of the 800 BPI branches nationwide today.
© bpi-philam.com

How to Register an Account from FXPrimus

Gusto ko pong malaman ninyo na napakahalaga ng Video na ito. Dahil ito ang first step ng ating Trading Journey. Bago po tayo makapag Trade sa Forex ay dapat may Account muna tayo mula sa ating Broker. At sa Video na ito, FXPrimus po ang napili nating Broker.

Once you signedup, Automatic na po kayo na maging member ng aming itinayo na Trading community ng RichDadph kung saan kayo ay suportado ng mga members upang matulungan.
Para naman sa nakapag Signup sa FXPrimus na hindi gamit ang aking User ID, wag po kayong mag-alala, mag Message lang po sa aming Facebook Page at ipagbigay alam sa amin na kayo ay interesado na maging member ng aming Community.

OK, let us assume po na naClick nyo na ang Link na ibinigay namin sa inyo.

Sa first Step, makikita nyo po sa Screen ang Complete your Profile to Start Trading. Dito nyo po ilagay ang inyong pangalan, email Address, Country kung saan man kayo ngayon, Preferred Language, at Phone number. Wag po ninyong kalimutang eReview ang information na nilagay ninyo. At pagkatapos ninyong mag Fill-up, eClick ang Go to next Step button na nasa baba.

Step 2, wag po natin kalimutan ilagay ang ating mailing address. Mahalaga po ito at dapat ang information na nakasulat dito ay katulad ng Address ng inyong Billing Statement gaya ng Electric Bill, Telephone Bill. Water Bill at iba pa. This information is important on your account verification. ilagay din ang Zip code at kung anong province kayo nakatira. At syempre ang iyong Birthday na dapat kaparehas ng nasa government issued ID ninyo gaya ng Drivers License, Unified ID at Passport. Again, eClick ang Go to next Step button

Step 3, may Questions tayo na sasagutan natin ng YES at NO, ito ay tanong tungkol sa iyong Experience sa Trading. Kung sakaling nakasama ka na namin sa mga Forex Session, Trainings o Seminars ng aming Community, piliin ang YES. At kung ikaw naman ay first Timer pakiSelect ng NO. Sa next question, again kung may experience ka na sa Trading, select Yes at kung wala ay No.
Sa Employment Status, pakiSelect lang kung ano ang nararapat sa inyo, Sa Source of Fund naman kung saan manggagaling ang iyong pera na ipang Trade sa Forex, Level of Education depende yan sa kung anong natapos mo. Estimated Annual income kayo na po bahala maglagay, ganun din sa Net Worth at Estimated investment amount.
PakiSelect lang po ng Speculative sa intended purpose of Trading
Variable Spread naman sa Account Type
Leverage 1:500
At US Dollar naman sa Base currency kung kayo ay nasa Pilipinas, pero kayo pa rin po bahala kung ano sa tingin ninyo ang nararapat base sa inyong personal preference.
And lastly may tanong about derivative products, pakiSelect lang ng NO, at pagkatapos ay eClick ang Go to next Step.

isang Confirmation Screen po ang mag-Pop up para tanungin kayo
Either to Continue or Switch to Demo. Mahalaga pong basahin ninyo ang message na nakasulat sa confirmation screen dahil ito ay paalala tungkol sa Risk na inyong papasukin sa Forex Trading.
Since this video is about signing up a real account, please select CONTINUE.

Money Changer versus Forex Trading

Sa Money Changer Business, ang negosyo ay tumatakbo sa pamamagitan ng Buying at Selling ng Foreign Currency.

We Buy at a lower price
We Sell at a higher price

Ang maliit na tinubo ng Money Changer ay nanggagaling sa price difference ng Buying Price at ng Selling Price. Maliit nga ang PROFIT per Transaction pero kung malaki naman ang Volume, Malaki ang INCOME.

So bakit Money changer ang halimbawa natin sa video na ito? 

Simple lang, ang sistema kasi ng Money Changer Business ay katulad ng Forex Trading. Kung maiintindihan mo ang sistema ng Money Changer ay mas madali mong maunawaan ang Forex Trading.

So Saan magkatulad ang Money Changer Business sa Forex Trading?
#1 Pera ang ating product, kikita tayo sa pamamagitan ng Buying at Selling
#2 Kailangan natin ng Kapital para mag-umpisa ng Business
#3 Kailangan updated sa Current Price ng Currency, dahil kailangan alam natin kung kelan tataas at bababa ang presyo para hindi tayo malugi, Kung naalala ninyo, We Buy at a lower price, We Sell at a higher price
#4 Kailangan may Time para eManage ang iyong business

Sa madaling salita,Pera ang ating product, kailangan ng Kapital, Kailangan updated sa presyo at may Time sa Business. Madali lang tandaan diba?

So Ano naman ang kaibahan ng Money Changer Business sa Forex Trading?
#1 Hindi kailangan ng sariling Building o tindahan ang Forex Trading, You can transact business at the comfort of your Home, kahit nakaPajama ka pa
#2 Hindi mo kailangan ng Empleyado ang Forex Trading, because you can do it and manage it on your own
#3 Hindi Physical na pera ang hahawakan mo sa Forex Trading, dahil lahat ng Transactions ay ginagawa sa Computer na Connected sa iyong Broker gamit ang internet. So ang ibig sabihin, you safely do your business online. Hindi ka matatakot sa Holdap o nakawan.
#4 Hindi mo kailangan ng Malaking Kapital, $100 lang pwede ka ng mag-umpisa sa Forex Trading
#5 May FREE Training ang Forex Trading, ibig sabihin, sa DEMO account ka muna mag-Practice before you Decide na lagyan ng FUND ang iyong Real Account. At yan ang purpose ng video na ito para maEducate kayo about Forex Trading business.
#6 Hindi mo kailangan magtawag ng Customer, dahil ang Buying at Selling ng Currency ay ginagawa sa pamamagitan ng Trading Platform. At hindi mo rin kailangan mag-Recruit, kasi hindi naman Networking o MLM ang Forex Trading
#7 Hindi mo kailangan mag Advertise sa Forex Trading Business mo, gusto mong malaman kung Bakit? ang sagot ay nakasulat sa #6
#8 You can do Forex Trading anywhere as long na may computer ka at internet connection
#9 You can Do Business in Forex Trading 24 hours a day 5 days a week, So kung nagising ka ng madaling araw at nakita mong may Opportunity magBUY o magSELL, pwede ka magTrade mula Lunes ng umaga hanggang Sabado ng madaling araw.
#10 Wala kang Boss, wala kang Office mate, mag-isa ka lang, period. in short Boring ang Forex Trading business. At dahil mag-isa ka lang, madalas mong kinakausap ang sarili mo. Maiinis ka sa sarili mo, papagalitan mo ang sarili mo at pasasalamatan mo ang sarili mo lalo na kung malaking Dollars na ang income mo.

So ganun din ang Forex, minsan maganda, minsan hindi. Wala naman kasing perfect na business diba?
Ang kagandahan lang sa FOREX ay pwede ka munang mag-aral bago ka mag-umpisa na magbuhos ng pera o kapital.

Basic Concept of Forex Business

Ang mga pag-uusapan natin dito ay kung paano ginagawa ang negosyo ng Forex, at dahil isa itong negosyo, kahit sino na may kakayahan na magBusiness ay pwedeng mag Forex

So How FOREX works?

Ang Forex business ay ang malawakang palitan ng pera sa buong mundo.
Ang salitang FOREX ay nanggaling sa salitang Foreign Exchange

isang Halimbawa nito ay ang pagpunta natin sa Money Changer kung saan doon tayo nagpapapalit ng US Dollar, Canadian Dollar, Saudi Riyal, British pound at iba pa.

So ang ibig sabihin nyan, di mo lang namamalayan na ikaw pala ay may contribution sa Foreign Exchange Market.
Ang Foreign Exchange Market ay nabuo dahil ang bawat bansa ay may sariling Pera.

Halimbawa tayo dito sa Pilipinas, ang pera natin ay Peso. Kung tayo ay pupunta sa Hong Kong para mag Shopping, kailangan natin magpapalit ng Hong Kong dollar dahil ang pera nila ang gagamitin natin para makapamili doon sa kanila.

Sa panahon natin ngayon, maraming mga OFW na nagtatrabaho sa ibang Bansa, dito sa Pilipinas naman ay labas pasok ang mga Turista. Kung kaya mapapansin natin na kahit sa mga Malls ay may Money Changer na rin. isa itong patunay na maganda at matatag ang Forex Business.

if you have experienced going to a money changer
You might have seen this electronic board
dito naka Post ang Current Buying Price at Current Selling Price ng Currency na iyong papalitan.
So bakit may Buying at Selling Price?
Kung ikaw ay galing sa ibang bansa, halimbawa sa Amerika, ang bitbit mo ay US Dollar. So kailangan mo itong palitan ng PESO
Kung kaya Buying Price ng Dollar ang titingnan mo
Kung ikaw naman ay pupunta sa Amerika, kailangan mo ng US Dollar
So ang titingnan mo ay ang Selling Price

Kung napapansin po ninyo, magkaiba ang Buying at Selling Price na nasa Electronic Board

Sa sample natin dito
Buying Price is 42.1000
Selling Price naman ay 42.8500

Price difference 0.75 or 75 centavos

At yan ang masasabi nating Profit ng Money Changer

Yan ang kinikita nila sa bawat US Dollar na pinalitan ng Philippine Peso
Maliit lang diba?

Pero kung 1 Million US Dollar ang pag-usapan natin, Ang equivalent nyan ay 750,000 pesos
Sa tingin ninyo, OK ba ang Money Changer business?
Mabubuhay ba sila sa maliit na tubo ng Pera?

At yan ang concept ng Forex Trading Business. Kikita ka ng kaunti sa pamamagitan ng Buying at Selling ng Currency gamit ang Forex Trading Platform.

What FOREX is not?

Sa panahon ngayon, kakaunti pa lang ng mga Pilipino ang nakakaalam ng FOREX Trading. Maaring narining na nila ito pero hindi pa nila lubusang maintindihan. Siguro dahil sa hindi naman gaanong pamilyar ang FOREX sa ating mga Filipino, actually kahit ako nga mga ilang buwan ko pa lang ito naintidihan.

At sa kadahilanang nakita ko ang opportunity sa pagkakaroon ng negosyo sa FOREX. Naisipan kong mag-Organize ng isang Forex Trading Community sa aming Lugar sa Davao para maumpisahang maEducate ang mga kababayan natin na maari pala tayong magkaroon ng kabuhayan gamit ang internet.

Upang maintindihan ng mabuti ang FOREX, minarapat kong gawin ang video na ito para maalis sa isipin ang mga maling pananaw ng mga Pilipino tungkol sa FOREX TRADING.

What FOREX is not
1. Network Marketing Business
2. Get Rich Quick Scheme
3. For Rich People only
4. You always WIN
5. Stock Market
6. Gambling


Panoorin po natin ang VIDEO Tutorial na ginawa ko para mas maintindihan natin kung ano ang ibig kong sabihin.

Traders: Millions by the Minute (BBC Documentary)

Two-part documentary series which goes inside the fast and fiercely competitive world of financial traders to meet the men and women who play the markets in London, New York, Chicago and Amsterdam.

Two-part documentary series which goes inside the fast and fiercely competitive world of financial traders to meet the men and women who play the markets in London, New York, Chicago and Amsterdam. The film offers a rare, personal portrait of what life is like for the people who do this lucrative but relentless job, against a backdrop of non-stop news, Globalized Markets and the rise of ultra-fast computers capable of placing millions of trades at a time.

Manhattan hedge fund manager Karen believes that money is power and making it is fun, as she juggles two sets of twins, a busy social calendar and her $200-million fund. Bob has spent more than three decades yelling out his trades and jostling for position on Chicago's cattle futures trading floor, but now he thinks it may be time wean himself off his trading addiction. London day traders Will and Piers use their expertise to train others in the art of making money from tiny moves in the markets. But they warn their new trainees it is going to be far harder to master the psychological and emotional skills needed for trading than the technicalities. Ultimately, it is a story of money, desire and emotion.

For the time being there's still money to be made by characters like Karen, a Manhattan hedge fund manager who takes the long view, and Scott, a day trader, who can make $8,000 in two minutes, then lose it shortly thereafter. We also met Ben, who was once jailed for his part in Darius Guppy's insurance scam, but is still intent on getting rich(er).

Introducing the new breed of trader - the British men and women who play the financial markets from their kitchens, sofas and bedrooms. Thanks to online trading technology, anyone with an internet connection and some cash to spare can attempt to reap the rich rewards that can come from trading. This documentary charts the real-time trading ups and downs, dreams and disappointments of a handful of Britain's 'retail traders'.

Mother-of-three Jane could hardly be less like the archetypal professional City trader. She squeezes currency trading in between the school run and her work as a nurse.

Justyn and Akil are ambitious young men from Birmingham, who are convinced that trading will be their ticket to lavish lifestyles.

Rene gave up a successful career as an antiques dealer for a new existence as a trader, and he is undeterred despite seven years of struggling to break even.

The home traders are united by a desire to take control of their lives and their own financial destinies. But the odds are stacked against them - 90% of retail traders will not make a consistent profit.

None of the brokers featured quite fit the City Boy stereotype, but all of them were confronting the same psychological challenge – risk. Getting comfortable with risk can make fortunes, ruin marriages, give you a newly Zen perspective or just kill you stone-dead from a heart attack. As Bob said: "It's about money, but it's about everything else too."

Forex Trading is Better than Stock Market

Foreign Exchange or Forex (FX) becomes the alternative investment for who have suffered from the equities market which have been went through chaos recently.

Forex Trading is Better than Stock Market

There are plenty of reasons to learn Forex trading, such as:

Currencies tend to trend and are more predictable
Many astute currency traders believe that the movement of Forex market is in predictable patterns. Currencies have a tendency to trend as many traders say, “ the trend is your friend, until the end, when it bends”. This tells us that if you learned how to read the charts and found the trend, it would be the chance for you to make profit.
Historically, currency pairs found to follow certain movement pattern. For example, during the crisis, there will be “safe” currencies that investors flock to.

High degree of transparency of Forex market
Comparing to the currency or foreign exchange, the stock and bonds are found to be not predictable as it. Wall Street corporations have got a reputation for having the nasty habit where does not telling their investors everything. Worse yet, at the times they have stifled the truth because of the negative effect which could have on the corporate bottom lines.

Forex is a liquid market
Forex is the over-the-counter market which trades 24 hours a day, 5 ½ days a week. The large volume of trading dwarfs the stock market. It is undeniable that such a large market is extremely liquid where losses would not be occurred because of waiting for brokers execute the transaction, as the orders are executed at real time.

Low startup cost
There is a low startup cost for entering into the Forex market because the brokers would not charge commission for the trade. It is easy to start trading with few hundred dollars and it could multiply your investment if you know well about the Forex market.

Currency trading course
As there is still risk involve in the Forex market, it’s better to learn at least a few basics before you sign up with any broker. The Forex courses are available on the internet.

Unparalleled liquidity In the forex market, over $5 trillion worth of trades are traded daily, which makes the currency trading market the most liquid market in the world – trading in 1 day what Wall St. trades in 1 month. No matter what time of the day or night it is, the forex market is always moving, and around the world active traders are buying and selling currencies.

200 times more leverage than trading stocks With stocks, the maximum leverage is 2:1. But when you trade Forex with CMS Forex, you can use up to 400:1 leverage. For example, if you invest $1,000 in stocks, with 2:1 leverage you may buy up to $2,000 worth of shares. However, if you invest $1,000 margin on a foreign currency trade, at 400:1 leverage, you can control up to $400,000 in currencies. Leverage is one of the most appealing factors of the forex market. Traders should note that trading using leverage may increase potential gains as well as losses on any given trade.
Scratch-out the middleman Spot currency trading bypasses expensive middlemen that are always associated with trading stocks. With forex, clients are able to interact directly with the currency market, and can buy and sell at the simple click of a mouse. No mess. No hassle. No middleman.
Commission-free* With CMS Forex, you are never charged a commission. No clearing fees. No exchange fees. No Software fees. No brokerage fees.

*CMS charges no commission on your trades; we are compensated through the Bid and Ask prices or spread of a given currency pair. We may charge a fee for fund withdrawals. Please see Withdrawal of Funds for more information. Please be aware that the bank you deal with may be charging fees on your deposits or withdrawals. CMS has no control over any applicable bank fees.
Forex and the technical trader Because currencies typically develop strong trending patterns, a technical currency trader may potentially identify new trends, breakouts, and opportunities to enter and exit positions.

Measuring the currency market Currency prices are reflected in the balance of supply and demand for currencies. When it comes to currencies, there are two primary factors that affect supply and demand and they are interest rates and the strength of the originating country’s economy as a whole. Fundamental indicators, such as foreign investment, PPI, CPI, GDP, and the trade balance, echo the overall health of the economy, and alter the supply and demand for that currency. Expert commentaries and data on interest rates, International trade, and currencies are release on a regular basis.

Trade forex 24-hours a day When you are looking at your forex platform, you are actually looking at a window display of the world’s economy. Currency trading is available twenty-four hours a day, starting on Sunday at 5P.M. EST with the opening of the market in Sidney and Singapore. A short while after, the Tokyo market opens. Then London, which opens at 2A.M. EST on Monday. And, by daytime in N.Y., the currency market has already been very active for fifteen hours. With currency trading, you are able to decide when to trade. Trading stocks when the U.S. markets are closed is difficult and only offers limited liquidity. With forex, you can trade twenty-four hours a day, from Sunday at 5P.M. EST. until Friday at 5P.M EST.

6 major currency pairs vs. over 8000 stocks There are approximately 8,000 publicly traded companies, deciding which one to trade can become downright tedious and confusing. How do you determine which needle to pull out of the haystack? With Forex, there are currently 6 major currency pairs to choose from, and about 34 second-tier currencies.

Forex Trading on USA Nonfarm Payroll (NFP)

What is the 'Nonfarm Payroll'?

Nonfarm payroll is a monthly report generated and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business. Despite the name nonfarm payroll, the report excludes workers from general government jobs, private household jobs, employees of nonprofit organizations and farm employees.

BREAKING DOWN 'Nonfarm Payroll'
The nonfarm payroll statistic is reported monthly, on the first Friday of the month, and is used to assist government policymakers and economists with determining the current state of the economy and predicting future levels of economic activity

Why the Nonfarm Payroll Report Matters
The major statistic reported from the nonfarm payroll report is the number of additional jobs added from the previous month. The report also contains many valuable insights into the labor force that have a direct impact on the stock market, the value of the U.S. dollar and the price of gold. The nonfarm payroll report is a major tool used to determine the overall health of the economy. The total nonfarm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product (GDP) of the United States.

The nonfarm payroll report shows statistics of unemployment for the U.S workforce. This is communicated through an overall unemployment rate, a long term unemployment rate and a youth unemployment rate. The labor force participation rate is also a key statistic used to determine the true unemployment rate of the country.

What the Nonfarm Payroll Reports
Statistics from the nonfarm payroll also show which sectors are generating the most employment additions. The report shows large gains and losses among the sectors. The list of sectors from the report include professional and business services, health care, financial activities, mining, construction, manufacturing, wholesale trade, retail trade, transportation and warehousing, information, and leisure and hospitality. This breakdown by sector is often used by stock analysts to predict which stocks and sectors have strong earnings reports.

The report also contains additional items such as the average work week and average hourly earnings. Wage growth is communicated with the report. Each month’s report may include revisions to previous reports.

The best month for wage growth is usually May with an average of 129,000 additional jobs. August is the worst month with an average of 69,000 additional jobs. The year 1994 was the best on record with 3.85 million added jobs. That year saw gains reported in every monthly nonfarm payroll report. In 2009, the job force lost 5.05 million jobs, marking the worst statistical year for the nonfarm payroll.

Text Source: investopedia.com
Video Source: IG Singapore

According to Wikipedia: 

Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees.

It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labour market.

The financial assets most affected by the NFP data include the US dollar, equities and gold. The markets react very quickly and most of the time in a very volatile fashion around the time the NFP data is released. The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar. Historical price movement data shows a small negative correlation between the NFP data and the US dollar Index.