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Joining a club is super awesome because it makes one feel like they belong. The right one comes with perks and benefits. A cooperative kind of works the same way. Find out what a coop is and how you can get a loan through one!

Credit cooperatives may not be the first thing that comes to mind when you’re in need of a loan. Because we’re so used to traditional banks and online loan companies, these tend to be brushed over, especially by the younger generation.

A nice thing about cooperatives is that profit isn’t their main goal. They aren’t here to make money, but to…


If you happen to be someone working in a regular Philippine company, you’re likely to be paying taxes as well as contributions to local organizations like PhilHealth, SSS, and Pag-IBIG. But most of the time, we’re unaware of the benefits we can get from being active members and contributors to these corporations. For example: did you know that you could claim sick benefits from SSS if you missed work due to COVID-19? Yep, you totally could.

Another benefit for employees contributing to SSS happens to be a salary loan! We’ve discussed it in our…


If you have credit cards or if you’ve ever borrowed money through a loan, it’s crucial that you know how to check your credit score.


Your credit score is a number that represents your creditworthiness. As a result, it can have a significant impact on your ability to obtain any form of financing, such as credit cards and personal loans.


If this is your first time learning about credit scores, don’t panic. We can walk you through the whole process. Continue reading to get…


Learn all about how credit scoring works in the Philippines and how Tonik is pushing boundaries with its new products!

Picture this: you’re super excited about a shiny new gadget you want to buy! A new laptop, perhaps, to help you work better? While you don’t have enough funds for it, you think, hey, I can always take out a small loan so I can pay for it! So, you apply to a financial institution that can lend you some money for a loan, like a bank maybe! You’ve got everything covered—you seem to have all the criteria down, including a stable job and regular salary.


online business owner smiling as he views funding options like business loans on his laptop
online business owner smiling as he views funding options like business loans on his laptop

Vlogging, online selling, and starting a virtual tutorial service… These are just some of the most popular online businesses started by Filipinos in recent years. The convenience, flexibility, and vast market reach offered by online platforms have inspired many entrepreneurs to embark on their digital ventures. Plus, the increase in online shopping activity among Filipinos during the pandemic has convinced many of us to start a business online.


Although, there is one crucial aspect that often determines the sustained success of any business—whether it’s a brick-and-…

entrepreneur happy that he can explore many ways to fund his business expansion plan
entrepreneur happy that he can explore many ways to fund his business expansion plan

Did you know? There are over a million small and medium enterprises in the Philippines as of 2021. And a recent study also noted that 4 out of 5 Filipinos are interested in entrepreneurship. This clearly shows that Filipinos have a strong entrepreneurial spirit. Many of us know that doing business can not only help…

Digital Banking in Southeast Asia
Digital Banking in Southeast Asia

There is so much room for growth and innovation in Southeast Asia’s digital banking landscape -- especially here in the Philippines. But because the industry is still in its initial stages of development, there are some critical gaps that need to be addressed before digital banking can fully take off in the region.


In an episode of On Call with Insignia Podcast, our Strategic Associate Jui Takle shares an overview of the…


Ever wonder why most budgeting advice feels like it’s written for someone living on another planet? You try to follow it to the letter, but somehow, you end up feeling more restricted than ever.

It's not you, luv. It's the advice. Too often, it misses the mark on what truly matters in our daily lives. So, what actually works? Stick around as we debunk common budgeting myths and introduce practical strategies that fit real life, not just an idealized version of it. 


Would you be ready if (and when) your car breaks down? Can you confidently say you’re prepared to face a sudden layoff? How about an emergency medical expense?


We never wish for these unexpected scenarios to happen… but it’s best to be prepared, luv. That’s why having an emergency fund in place is truly important. With an emergency fund, you have a financial buffer that cushions you from the impact of life’s unpredictable moments, ensuring they don’t escalate into full-blown crises.


Picture this: You're in your late 20s or early 40s, and you're caught in the middle of two generations. You have your own kids to take care of, but you're also responsible for your aging parents. Welcome to the Sandwich Generation--a unique position that more and more Filipinos are finding themselves in. Providing for your extended family is already hard. And having savings in the Philippines as part of this generation can get even harder. If this is something you can relate to, we see you. We hear you. We feel you, luv.


We’ve said it before—as much as we love LUV, it’s not the only thing that keeps a relationship healthy and strong. There’s a lot of room to grow together with your partner, and yep, that includes financially! Check out these 6 tips to build on your finances with that special somebody.



Having debt hanging over your head can feel like carrying a backpack full of rocks on a hike up an enormous mountain. It’s heavy, it’s draining, and it sure doesn’t make the journey any easier. But here’s the good news, luv: with the right strategies, you can unload this burden and stride toward a lighter, debt-free future. So, let’s unpack these rocks one by one, shall we?  Table of ContentsAssessing Your Debt: Know What You OweDebt Repayment Strategies: Pick Your Battle PlanNegotiating…
Getting a personal loan isn’t rocket science. You need cash, you borrow cash, then you pay it back. Simple, right?Well, yes, and no. Nowadays, you can get a personal loan in as fast as a couple of minutes through an app, and it can even be a great way to build your credit. Make one wrong move, though, and it can cause a domino effect, ruining your chances of getting another personal loan or other credit accounts you may need in the future.…
Diving into personal and business loans might seem like navigating a maze with unexpected turns at every corner. It's easy to feel overwhelmed by all the extra costs and fees that pop up, but guess what? With a bit of guidance and know-how, you can avoid these financial pitfalls and keep your journey smooth and straightforward.This blog is your guide through the loan fees, minus the confusing banking speak (a.k.a. origination fees, APRs, etc.). We're talking about the upfront charges, the extra costs for paying off your loan early, and all those other fees that seem to come out of nowhere.…
Is that a credit card in your pocket, or are you just happy to see us?We’re guessing it’s a credit card since everyone has at least one of those magical shopping wonders these days. The thing that everyone doesn’t have is the ability to manage their credit cards and credit accounts in general.It’s essential, because not only will this give you the financial flexibility you need. It can also help you build a healthy credit score that can open doors to your dreams.Sit back, relax, read…



This colloquial contraction of the English word “deserve” is popular among Filipinos to justify consumerism. And if you ever found yourself justifying an often extravagant purchase by saying this phrase, you are not alone, luv. You see, this vibrant example of consumerism isn’t just a practice, it’s almost a culture.


We’ve all been there, right? That moment when you buy something you don't necessarily need because, hey, you've worked hard for it anyway.


But what does this mentality mean for our personal finances? Let’s…

Has adding an MBA to your list of accomplishments ever crossed your mind, luv? Let’s explore the world of MBAs where I can’t promise that all days will be exciting but can assure you that the entire experience has sharpened many individuals, including topnotch CEOs in both Philippine and international history. Of course, we’ll be tackling the costs of MBAs in the Philippines, which is the top deterrent from starting an MBA. However the costs fair into your budget, you’ll see how beneficial it is to go through MBA life if it aligns with your ambitious goals. Grab a cup of coffee; we're…

We've all heard about the Tinder Swindler and Anna Delvey's Netflix series, just a couple of the popular factual social engineering stories that shook not only social media but also international banking systems. If there's one lesson these stories have hammered into our heads, it's that anyone can fall victim to scams because scammers find ways to game us.


You may be one of the few, like me, who remain unscathed from these scammers, but that doesn’t mean you’ll be safe for long. As you read this, a scammer from…


But the sad reality is that education, especially quality education in the Philippines, comes with a hefty price tag. This is the reason why as many as 3.6 million Filipinos are considered part of the growing population of out of school youths. This alarming figure was further aggravated by the resumption of in-person classes in 2021.


Now, you might be wondering: What makes education so expensive?…