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Debt can be a significant source of stress and anxiety for many Filipinos. Whether it's...
It’s no secret that debt is a double-edged sword. It can be a powerful tool to achieve ...
We’ve all needed extra cash for emergencies, business expansions, or just to have a sol...
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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…
When the going gets tough, many Filipinos look to other sources of income or even start their own businesses to get by and foot their bills. It’s a great plan, considering the actual salary that most of the working population get is just enough to tide them through the barest of necessities each month. Nonetheless, did you know that there still are quite a few helpful benefits extended to salaried or employed Filipinos?
We know how stressful it can get for employed Filipinos especially when unforeseen incidents happen. For such trying times like emergencies, you can…
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…
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.
…Fintech
In case you missed it — Future Finance Manila 2022, a forum dedicated to the digital transformation journeys of Retail Banks and Insurers across the Philippines, was held last July 28 at Crowne Plaza Galleria, Quezon City. The live forum had the most esteemed speakers to talk about their respective companies and important issues on the country’s digital landscape, one of them being none other than our very own Tonik Country President, Long Pineda.…
"Is digital banking safe in the Philippines?" This neobank has the answer.
If you’re asking if we have protection, the short answer is: yes we do. We believe that digital banking in the Philippines can be safe while still giving everyone a good time. We should know ‘cause we’re making it happen.
Tonik is the Philippines’ first ever neobank (meaning we’re purely digital!). While everyone has been raving about …
Like anyone else, we hate trust issues. You can sleep soundly knowing you and your money are safe in the Tonik App, luvs. Here’s why.
Cyber security is one of the biggest things to consider when choosing the mobile banks to place your money in. After all, nobody would ever want their hard-earned cash lost due to weak security measures and outdated systems. Nowadays, multiple cases of cyber security issues have been hitting local news more and more frequently, such as data breaches, phishing scams, system…
Times have changed. Find out how you can get the best bank customer service in the Philippines – the Neo way!
A bank is a sacred place. It’s where one of people’s most valued possessions is stored. Money.
Money has roamed the earth far longer than any human has lived. Be it in the form of silver, gold, or paper bills, you can’t deny the power and influence that money has brought into our world. And because of money’s vast influence in our lives, the need to protect it is a must. Which is why people created banks.
Banks safekeep the…
Savings
Have you ever smiled and nodded through a date, without understanding what they’ve been talking about? Well, feel free to ask questions, luv. You’re getting to know your potential partner, after all.
It’s the same for personal finance. Before entering a relationship with a bank, you have to know what you’re getting into. So when they’re showing off bank interest rates, don’t just smile and nod.
Let’s scrape the sugar off all that sweet talk and see what they really have to offer.
…
Many of us were raised to think that hard work equals money. So when we need more money, we take on more work. But can you keep working forever? Do you even want to? Wouldn’t it be nice to retire one day with a cushy stack of savings for you to enjoy?
That’s our dream for you.
We’re Tonik, the first ever neobank (we’re all about digital banking) in the Philippines. We hold the first private digital bank license from the Bangko Sentral ng…
Recession again? Just when we all thought we were coming out on the brighter end of the tunnel, it seems like we’re off to singing another Annie Lenox song..wait for it -here comes the rain again! But don’t you fret because recessions don’t have to hit so hard if you can prepare and manage your lifestyle and expenses for it, luv!
Since 2020, the Philippines has been in a drawn-out recession, aggravated by the economic impact of the pandemic and other global events. Prices for goods and commodities have been rising, prompting some politicians to advise Filipinos to…
Having a Stash is the #NeoWay of saving for your dreams, opportunities, and emergencies. You may want to think of a Stash saving as a digital savings pocket where you can set aside funds for different purposes or life goals.
Hi there!
You must be reading this blog post because: …
Loan
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 serve a purpose according…
When the going gets tough, many Filipinos look to other sources of income or even start their own businesses to get by and foot their bills. It’s a great plan, considering the actual salary that most of the working population get is just enough to tide them through the barest of necessities each month. Nonetheless, did you know that there still are quite a few helpful benefits extended to salaried or employed Filipinos?
We know how stressful it can get for employed Filipinos especially when unforeseen incidents happen. For such trying times like emergencies, you can also enlist the…
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…
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.
Expectation then…
Lifestyle
Your hottest burning questions about virtual debit cards are finally answered in this handy guide!
If you haven’t been keeping up with the times yet, here’s some news for you: contactless and digital payments are a huge thing these days. Though it’s definitely been around for quite a few years now, the global COVID-19 pandemic only heightened society’s need for digital or contactless transactions, whether that’s something as simple as buying your favorite clothes online or paying for your groceries with a simple scan of a QR code. Online shopping and e-commerce also made a huge…
![3 students surrounded by money elements to represent tuition fees in the Philippines]](/sites/default/files/styles/blog_featured/public/2023-08/081023-Blog-Investing-In-Education-A-Closer-Look-at-TF-in-the-PH1080x1080---Hero-Thumbail.png?itok=hUAF1WRg)
![3 students surrounded by money elements to represent tuition fees in the Philippines]](/sites/default/files/styles/blog_square/public/2023-08/081023-Blog-Investing-In-Education-A-Closer-Look-at-TF-in-the-PH1080x1080---Hero-Thumbail.png?itok=hClGQO-I)
EDUCATION IS A RIGHT.
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?…
There’s a new way of doing digital banking in the Philippines, and it’s fittingly called the neobank. It’s gotten us rethinking our relationship with banks for three big reasons. Intrigued? Well, read on and get to know your potential partner.
It’s the new year, hun! Forget what your bad 2023 horoscope is saying and welcome the new year with optimism so you can make your money grow this year.
You may have that bucket list down, but what about your financial resolutions? Who will finance that super long list of things you want to achieve? And before you hit that X button, no, this blog is not just for beginners. Just as your closet needs spring cleaning, so do your financial habits and planning strategies.
Let’s make that “New Year, New Me” statement a reality by going over a few…