Wondering how much do we really get fmo PhilHealth in cases we get sick? Then read on. From fee for service, that is computing every single item of your expense. Right now, PhilHealth is now paying it at a package called “All Case Rates Provider Payment Scheme.” With the successful implementation of the first 23…
Biblical Principles of Financial Freedom, Part 2
Financial freedom does not mean our lives will be free of any difficulty in the area of finance. It means, giving up control over your finances and letting God take over. It means having peace no matter what circumstance you are in, because God is now managing your finances. Are you willing…
Biblical Principles of Financial Planning, Part 1
Why set financial goals for your family? Why even do financial planning in the first place? Perhaps you can answer that for yourself after reading this: Do you know of someone who after becoming established with his job, decided to propose to his girlfriend? You first attend his wedding, then the baptism or…
How to Build Doctor’s Retirement Fund?
Doctor’s Dilemma: How to Build Doctor’s Retirement Fund? Most medical doctors I know are private practitioners. They are not employed, hence, they are not an employee of any company. Meaning to say, they run their own game and they don’t get any benefits from any company. All that they have are what they call “sariling…
How to Spark Up your Child’s Entrepreneurial Spirit
Setting your Child’s Entrepreneurial Mindset is never too early. Almost every day we set their minds to an employee mindset, sometimes we just have to become more intentional in teaching them about money. You don’t believe me? Just think about all his/her toys. Does it promote business mindset? Or you have more toys and activity…
Retirement: Life After Medical Practice
Retirement : Life After Medical Practice December 2015, I was invited by Dr. Agnes Manalo to talk to Ilocos Medical Society for their postgraduate course for March 13, 2016. The topic was about Retirement, and I believe it is one of my favorite subjects in finance. I said yes. Knowing that I will be talking…
Dissecting PhilHealth: Know your Rights and Benefits Part 1
Now that PhilHealth is on the rocks. Let’s know it’s what and how. This will be the first part of a 3-part-series regarding PhilHealth. “Health is not valued until sickness comes.” Thomas Fuller Health is wealth, the saying goes. But health insurance can be costly. One affordable option especially for any employee, is…
Filipino Doctor’s Taxation: Monthly Percentage Tax
Question: Tax was already deducted in my income, what is Percentage tax? How come I still need to pay this monthly? Percentage tax – is a tax imposed for those who sell or lease good, properties or services, including those practicing medical profession with gross annual sales and receipts of less than P1,919,500 in…