seafarers income
Budget, Finances, Maritime

5 Steps on How to Budget a Seafarer’s Income

We all know that seafarers income on board is more lucrative compared to the employees working ashore. But actually, life on board ship is not as sweet as a piece of cake like what other people are thinking. They see the abundant life of a seafarer’s family but they do not have any idea of… Continue reading 5 Steps on How to Budget a Seafarer’s Income

Budget, Finances, Getting Out of Debt

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

Budget

How to Budget Using Zero-Based Budgeting by Dave Ramsey

 "Know well the condition of your flocks, and give attention to your herds..." - Proverbs 27:23 A budget is indeed part of our being accountable when it comes to our finances. My husband and I need to lay it out prior to an upcoming month so we can tell our money where exactly they have to… Continue reading How to Budget Using Zero-Based Budgeting by Dave Ramsey