Tips to Financially Cope During Covid-19

It’s not just the governments and businesses who should make some adjustments, we, individuals, should also adapt. We have to make drastic changes to conform to the new normal, and these include our finances.

This pandemic has affected not just our way of life but also our livelihood. Businesses, large or small, have been severely impacted because of the lockdown. Thousands ended up with no work and no pay scheme.

Just a month after the lockdown, companies have started to cut salaries, lay off employees, and some have unfortunately closed. I’m one of those whose pay has been reduced and is anxious about the uncertainly that lies ahead.

Today’s situation had reminded me of a maxim that was thought to me when I was an accounting student in the university. “Maximize profit and minimize expenses.” This is what businesses usually follow, and can be applied to our individual finances. If you have a salary cut, then slash some unnecessary spendings and look for an extra income source.

Tips to
Cope During


Save More (Minimize Expenses)

Money saved is money earned. Now, more than ever is the right time to save. The quarantine, in a way, has forced people to save. There are no more impulse buying in the malls, no dining out, no entertainment/recreational activities, and a good saving in gas and transportation expenses.

Although we have seen a significant decrease in spending of individuals, we can still do more to save. Start by cutting non-essential expenses. Prioritize needs in order of importance: food, health, and shelter come first.

Budgeting is really an essential thing to do. Revisit your monthly budget and do some budget cuts. Audit expenses to see where you can chop big items or prevent small items – like deliveries – adding up. Focus on what gives you value and what is essential. Trim down your expenses and add more to your savings. Today, we are navigating in unchartered territories.

Water. If possible, use recycled water for your plants and to flush your toilet. When washing dishes, use a basin rather than keeping the water running. Use a glass when brushing your teeth.

Electricity. Turn off the lights and other electrical devices whenever not used. In electricity, every minute is consumption. Harness the free resources from nature. Open your blinds/curtains to get natural light. Unplug appliances if not in use. Use air-conditioning only when the temperature is unbearable.

Rent. Check with your landlord for a possible rental cuts or delay in payment. Some real estate companies here in Dubai are already extending rental reduction. Now is an excellent time to negotiate everything.

Food. Cook at home rather than ordering from outside, especially if you’re a family. Make use of the time in isolation. There is nothing healthier than home-cooked food, aside from the fact that you are sure of the safety and cleanliness of the food you are consuming. Don’t throw away food. You can keep them for later consumption. Don’t let fruits and vegetables rot or spoil.

Clothes. If you are working from home, then there is no need to buy new clothes. Just wear that a pajama set, and you can still be as productive when you’re dressed-up.

Cancel Subscriptions/Memberships: In April, I have used only 5% of my mobile data as I have WiFi at home. When you are not using the service of something that you are paying for, then why not terminate to get a good saving. Cancel Netflix subscription if you find it not essential for survival. Gym membership, nowadays, is of no use because gyms are closed and might not open anytime soon. Remember, every cent counts.

Buy in Promotions. Buy groceries and supplies on promotions. In Dubai, you can get a good saving during weekends in Carrefour or and some other major supermarkets. You can buy in bulk to get a good deal. Viva and Baquer supermarkets both offer low prices in many grocery items.

In General. It could be worth downsizing lifestyle costs: for example, cheaper schools and a smaller place if your contract is ending soon. Now is an excellent time to negotiate everything.

Earn More (Maximize Earnings)

After trimming down your expenses, focus on what you can do after this is over. Once the economy bounces back, we need to be creative in keeping costs low and generating more income for the family. Work on a new idea to solve the current financial struggle by engaging in activities that give you extra cash.

Sell Products. The internet is a very useful tool in commerce nowadays. You can start selling products to your friends on Facebook. If you have a talent for artworks, then you can sell some handmade products like this other featured article: Earn from Personalised Artworks & Crafts.

Offer Services. If you know carpentry and electrical works, then you can offer your services to friends and neighbors. Any specific skill you possess can be used in some freelancing jobs online.

Sell Unwanted Items. Items that are of no use to you could be valuable to others. You can earn for its salvage value. Begin a garage sale in your front yard or online.

Utilize Idle Resources. If you have a spare room, you can accept some boarders. You may convert the front part of your house into a commercial space. If you have any idle land, then you may start investing in farming: Backyard Goat Farming and Starting a Coconut Farm Business?

Other Important Tips

Loans / Credit Card Debts. Get in touch with your banks/lending agencies for re-structuring options. Some banks in the UAE have introduced free-of-charge repayment holidays for up to three months; interest-free and processing fee-free credit card installment plans of up to six months. Or you can speak to the person whom you owed to give you more time to pay.

Invest in Yourself. Learn a new trade or skill. After this pandemic, the competition in the job market can be tough. The more skills you have, the more chances of landing in a better job. Take online classes to prepare for the job requirements in the new normal. There are many free online courses. Some premium courses may collect a minimal fee. Free online courses are available in TESDA.

Prepare for a Plan B. Let’s hope for the best but prepare for the worst. Stockpile cash. Now is not the time to invest in an off-plan property or start day-trading stocks. Plan financially for losing your job, so you are prepared if the worst happens. But if a job loss or collapse of your small business befell upon you, then you should be implementing the Plan B now.

Start Your Own Business. Harness your full potential. So many successful businesses start during tough times. In every threat, there is an opportunity. Somehow, somewhere there is a problem that requires a solution, a need that has to be satisfied. With a gifted entrepreneurial eye, you can create a business from that need. I have another article that outlines 40 Business Opportunities Arising from COVID-19. Check that out, and maybe you will get the best fit for you.

Ask for Help. If, after exhausting all your resources and efforts, you’re still struggling financially, there is no harm to ask for help from relatives and friends. You can borrow money and pay or work for it later. If you are a carpenter, then you can fix some broken furniture as a form of payment.

Give Help. The only way that we are all going to get through this is if we think as “WE” not “ME. Let us help others in our little ways. If you are financially able, provide, or lend money to a relative or friend in need. Money is not the only way to help others. Give non-monetary support, advice, and expert opinion.

Pray. Prayer is the best weapon everyone possesses. Ask for grace, help, guidance and strength from Him.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article provides you essential information to improve your finances. Check Finance Tips for more insightful essays.

Do you have any questions? I would love to hear from you. Please leave a message in the comment box below or follow and message me on Facebook.

1. Experts share their tips to financially cope during Covid-19


Business Opportunities Arising from COVID-19

COVID-19 has started as a threat to human life and looks to end as a threat to everyone’s livelihood. The effects have now begun to be felt as many companies around the world started laying off employees. Some stronger companies adapted the no work, no pay scheme, and others have reduced employee’s compensation by 25% or up. Many businesses have started to collapse, and some have adapted to the situation. Job loss is inevitable to many employees.

“Survival of the fittest.” That’s a phrase from Darwinian evolutionary theory. Applying to the current situation, we need to be strong to survive. We need to plan for our future and prepare for all eventualities.

In every threat, there is an opportunity that anyone can turn into profit. Finding a new job in the Philippines this time can be challenging, then why not start your own business with a small capital taken from your saving. You can create partnerships with friends and relatives to pool the needed capital.

In this article, I’ll be enumerating business opportunities in the Philippines that you can select to start, improve, or innovate. Hope this blog helps many to survive and win in these trying times.

Sanitation Services: The first business I want to highlight is a retail janitorial service. It experienced a boom in clients thus far but was able to see an opportunity to expand its offering in terms of sanitization services. Your target markets are offices, stores, shops, and even homes. You can begin offering shelving and store sanitation services as well as cart sanitation for grocery stores and shops.

Sanitation Tools and Supplies: Many buildings, offices, and shops will ensure a very clean and safe environment to safeguard its customers and for business continuity. You can sell sterilization machines, thermal scanner, thermometer, door frames with a sanitizer, utraviolet disinfection units, etc.

Bike/Motorbike/ eBike/e-Scooter (Including supplies and repairs): In the new normal, mass transport is being discouraged. Social distancing is a must. A jeep that usually takes a load of 20 passengers might be allowed to load only 10 passengers or even less. Bicycle, Motorbike, eBike, and e-scooter are social distancing-friendly means of transport. I can recall how motorbikes are dominating the streets of Phuket, Bangkok, and Bali and how every household in Amsterdam owns a bicycle.

Rolling Grocery Store: With restrictions in movement and limited acceptance of customers in the supermarket, a rolling grocery store/palengke will be a great solution. You can use any vehicle you have – sidecar, tricycle, or van to go from house to another and sell your goods.

Fresh Produce Online Shop: Perishable goods (meat, seafood, fruits, and vegetable) are challenging to store. Amongst the hundreds of shops, including Sari-Sari stores, you can only find a handful of them that offer fresh meat, fruits, and vegetable. With the difficulty of buying supplies from a public market (palengke) or supermarket (SM, Robinson’s, etc.), offering an online shopping option with free delivery would be a great business to start.

Personal Protective Equipment: You can sell face mask, face shield, gloves, disposable protective clothing, etc. Many have been doing this already but the demand is still high as more and more governments are requiring citizens to wear protections. You can sell washable and reusable ones, which is favored by many Filipinos for being economical.

Lending/Micro-financing: Since everyone needs financing, then lending can be another business to try. Be just and fair with interest, and do not exploit the situation. Likewise, ensure to put up some effective screening and collection measures to succeed in this business. It would be best to require collateral in every loan.

Agriculture: One of the most common human practices during the quarantine and lockdown periods was ‘shelf sweeping.’ Strategists have looked at the sectors both unaffected by the situation financially, and that are critically needed during the situation. The Venn diagram reveals that agriculture is that sector; providing food is the number one priority. Along with technology and the high-level business services being provided, this sector could be the future of business.

Urban Farming: When there is a logistical problem in fresh produce delivery, a farm within the city walls takes advantage. Using a hydroponics system, you can grow vegetables all year round on a small land area. Mushroom farming is another option of producing food in an urban setting.

Gardening Supplies: You may put up a store to sell seeds, gardening tools, garden fixtures, pesticides, fertilizers, and maybe with free delivery. Gardening had helped me a lot to fight boredom and cabin fever. It helped me maintain my mental equilibrium. You must agree with me that at times it’s depressing. Furthermore, growing your veggies ensures the cleanliness and safety of your food plus significant savings too.

Pickup & Delivery: With reduced mobility during or even after the quarantine, then the delivery business is another opportunity to try. Grab has been doing this, but you can make innovations and replicate the same on a smaller scale. These can include food, grocery, medicine, letter, or parcel delivery.

Food Delivery: Several restaurants had to shut their shutters after the government ordered an enforced lockdown. Waiting for the situation to get back to normal seems no longer a good option for them. But switching to online delivery sounds undoubtedly perfect. Food delivery services thrive, as consumers opt to stay in to avoid the spread of contagious diseases. Launch your branded food delivery app to enable your customers to order food online and delight them with contactless deliveries.

Medicine Delivery: At this moment, pharmaceutical businesses have an essential role to play. People quarantining themselves find it difficult to reach medical stores. Not only those affected by the virus, but others who are dealing with minor or major health issues are failing to get medicines on time. With the right tech partner by your side, you can switch to an online medicine delivery business in just a few weeks.

Fitness & Wellness App: Gyms are closed, food is within reach, and people are gaining weight. I have to go on a low carb diet because I gained weight during the lockdown. Offline gyms and health centers are among the businesses severely impacted by pandemic outspread. On the contrary, digital platforms have turned out to be a blessing in disguise for the health and fitness industries. As major gym chains close their doors to curb the coronavirus outbreak, people are increasingly turning to digital workout programs to maintain their exercise routines from home. From online training apps to yoga and meditation apps, the sector promises tremendous growth.

Online Fitness Class: Develop online training classes for people who can workout from home. It might include recorded videos or live sessions where hundreds to thousands of participants can join from the comfort of their homes. Likewise, meditation and yoga sessions can be incorporated.

Rent Out Gym Equipment: If you have a gym or own gym equipment, then you can rent them out and profit from it rather than keeping them idle. One gym owner is giving their best clients gym equipment to take home and then do virtual training sessions.

Create a Website: At a time when many companies are closed for business, many are wondering which ones are open. You may create a website that tracks the working hours of individual companies in a particular locality. Another example is Trekking The World did almost $100k in revenue in a week. Everyone is stuck at home—a great time to create activities for your friends and the world.

Office Furniture/Supplies: The need for office furniture and fixtures is expected to rise. With the WFH set up, many would buy office tables, chairs, and other office supplies.

Kitchen Equipment and Cooking Wares: Everyone has become a chef nowadays. Trying a new recipe or just satisfying their cravings. A good cooker will be required, and a set of cooking utensils are a must.

Cooling and Airconditioning: Beating the summer heat is tough, especially if you brought your office to your home. Making innovations in cooling and airconditioning might be an excellent business to start.

Movie Snacks on Delivery: Going to the cinemas will be a long way to go. With cinemas closed, there is a sharp rise in demand in digital entertainment platforms like Netflix and Amazon Prime. Although movies can be watched from the comforts of our homes, the whole film out experience is incomplete without the cinema snacks that we love munching like popcorn and nachos. Vox Cinemas in the UAE is delivering snacks to customers at home.

Teach English Remotely: Teach on, preply, or Great way to find students looking for teachers.

Be Creative With Your AirBnB Or Real Estate: If you are currently having a room/apartment listed in AirBnB, then you must have been suffering a direct blow from the travel industry downturn. You can turn your AirBnB into a Short-term office.

Share Your Expertise: There are many sites begging for your knowledge. You can earn in Skillshare, Teachable & Udemy when you share your expertise.

Date Night Boxes: Everyone is stuck at home, and many couples need food, drinks, activities to do together. You can call up your friends and offer this.

e-Commerce: This is not something new, but this pandemic has turned many to online shopping. You can sell your products through established e-commerce platforms like Lazada or Shopee, live selling thru Facebook, or even create your own platform. As per the Quantum Metric report, online sales have surged 52% from the year-ago period, and the number of online shoppers has increased by 8.8% since the outbreak began. Taking your e-commerce business online, you can enable contactless commerce deliveries now.

Educational Entertainment for Children: Parents are desperately looking for entertaining and educational content for their children. The prospect of months off school looms large. Edtech companies are already experiencing extraordinary growth. Indian unicorn BYJU has experienced a 60 percent increase in students since it offered children complete access to its online learning app for one month.

Youtube Channel for Kids: Containing kids within the four walls of your house can be very challenging, especially if they are used to playing outdoors. If you have a kid, then you can start creating videos of him/her doing activities or games that are enjoyable and educational for children while on isolation at home.

Ornamental Plants: Plants are a good subject of inspiration. With the extra time people spending indoors, then tending the plants can be an enjoyable pastime. You can sell ornamental plants to urban clients and offer online shopping options and free delivery.

Upskilling / Online Courses: Paid access to videos, modules, and training on a particular skill. Adults are using the extra time at home to learn and to upgrade their skills in preparation for the new job market landscape post-COVID. Coursera, one of the world’s biggest online providers of education, has seen a 23 percent month-on-month increase in overall enrollments among learners in the Middle East, and a 21 percent increase in the UAE. Some famous courses by Imperial College in London on the coronavirus and some of our top courses are ‘The Science of Well Being’, ‘Positive Psychology’, and ‘Managing a Virtual Organisation’.”

Virtual Training Centers/Classrooms: Just like schools, training centers are closed. You can create an online platform for virtual training, webinars, or live lectures. These ensure continuous education while maintaining social distancing. You can offer selected courses that are suitable for distant learning.

Online Education App: Educational institutions around the world are forced to shut down and shift to online learning programmes. This crisis has definitely triggered an online boom for the education industry. As per the stats, education app downloads spiked in March 2020, increasing nearly 300%. While it is helping to cope with the current emergency, it is also preparing the world for the next future. It is a great idea to build your trusted platform for learning. DepEd is pushing for online education. This has been the trend worldwide to protect the children from the virus. Also, many people nowadays use the free time they saved to study.

Healthcare Consultation: Telemedicine is another sector experiencing strong growth, as patients seek virtual reassurance and diagnosis online, without the risk of infection from busy waiting rooms in doctors’ surgeries and hospitals. Qualified doctors can be accessed through an app for a live video consultation. If a medicine is required, the prescription is sent digitally. You can offer the best possible solutions to their health issues with the help of your own branded online healthcare app.

On-Demand Doctors/Nurses/Caretakers: A Manchester-based online doctor platform Push Doctor saw a 70% increase in consultations. Hence, developing a platform where users can seek on-demand doctors, nurses, and even other healthcare service providers seems to be a future-proof idea. Build an app which simplifies the process of booking for medical professionals visiting their home.

Office Cost Reduction Opportunities: Office rent is expensive and flexible work arrangements are yet to be explored in their full functional scope. This will open up opportunities across multiple and linked sectors, such as office space redesign, building remote work systems, software platforms, and cloud-based services – all of which will likely see significant gains once the world economy goes into post-COVID-19 recovery mode and employers keep their office space costs in check in case their staff will need to work from other locations.

Emergency Kits: Being ready is the most crucial factor for survival in case of an emergency. I remember watching documentaries about the Cold War, where many American houses have bunkers built underneath equipped with emergency food, medicines, and tools. This pandemic reminds people how to become ready. You may offer packages like travel emergency kit, 3-day survival kit, pandemic kit, flood/typhoon/earthquake kit.

Car/House/Lot Buy and Sell: When we are running out of cash, we tend to in cash our properties for survival. We sell houses, lots, cars, jewelry. This is now happening in this time of pandemic when people’s livelihood has been compromised. You can buy properties and sell them for a higher price later. Or you can simply become an agent mediating the transaction between seller and buyer in exchange for a commission.

Apartment/Condo Unit Rental: WFM (work from home) is seen to increase the need for a spacious house used as a home and an office at the same time. Cramped living quarters affect the employee’s efficiency and productivity.

Mobile Application/Online Games: When everyone is staying at home, most of us are now spending more time on our mobile devices. Even after COVID-19, the new normal would still focus on social distancing, where many would still be confined at home. Working from home saves hours of commute that can be utilized most likely on using out gadgets like mobile devices, game consoles, and Smart TVs. The gaming industry is one of the beneficiaries of the lockdown. If you know how to develop an app, then you may think of something that can be very useful. Mobile app spending is expected to double by 2024.

Develop a Software: With many businesses adapted the work from home set up for their employees, many companies are forced to go digital. You can develop a software or program that can be used by a company to simplify the process.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Chat with me

I have ventured into an e-commerce business (online selling) that you might also be interested in setting up. You can visit our website at, where you can have a chat with me (just select Contact Us), and I will be more than willing to entertain your questions regarding this post and e-commerce.


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  5. Covid-19: The new business opportunities in the Middle East and beyond
  6. Finding the Hidden Business Opportunities Around the Coronavirus Pandemic
  8. COVID-19’s Grim Milestones: Impact on Business is Real but Opens Up New Growth Areas

Is Travel Insurance Important?

I have traveled to 26 countries for the past 11 years, and thanks to God, I never fall ill on my travels except for a minor gastrointestinal disorder when I was in London (lols).

Falling sick on a foreign land can be very draining physically, emotionally, and financially. This can disrupt your holiday and could lead to more expenses in extending your hotel stay, rebooking your flight, and those yummy foods. Not to mention the hospital and medicine bills.

Not wishing for this to happen, the good thing is my company’s medical insurance has international coverage. Any hospitalization expenses will be reimbursed.

What is a Travel Insurance?

It is a type of insurance covering medical expenses, costs related to trip cancellations or delays, accidents, and other losses incurred while traveling. This is commonly used when traveling internationally but can also be used domestically.

When my elderly parents visited Dubai in September 2019, I made sure to buy travel insurance. That was their second time to have visited Dubai. They had no insurance the first time they came, and even when we traveled to Hong Kong in 2010.

What made me buy insurance was an incident that happened to my colleague, where her dad fell ill while vacationing in Dubai. He had to be transported back to Manila on a stretcher.

A stretcher case onboard a flight needs a special arrangement with an airline. It comes with a hefty price tag as it requires at least six seats on the plane, plus the seats of the attending nurse and the family of the patient. We are talking 700,000 to a million pesos for a stretcher passenger for a flight from Dubai to Manila.

How much is Travel Insurance?

The cost depends on your destination country and the duration of your stay. For my parents, I paid only P2308 per person for a 30-day plan. I took it from and paid with a credit card online. It was the cheapest insurance available online with medical treatment insurance of up to half a million pesos. It will also compensate for other travel-related events such as loss of travel documents, flight delays/cancellations, loss of baggage, and even has life insurance coverage, too.

My Mom’s Travel Insurance Certificate

Thanks to God, my parents’ holiday in Dubai went well. They had enjoyed a lot their month-long vacation. The policy I bought has given them peace of mind and just focused on enjoying their trip.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Do you have any questions? I would love to hear from you. Please leave a message in the comment box below or follow and message me on Facebook.

Why I Invested in Memorial Plan?

We should focus on living life, but we should also not forget that there is an end for all of us.

For five years, I was living in the slums of Tondo. And true to what Catriona Gray said, ‘Life there is very poor.’ Whenever there is a deceased, wakes are usually extended and take up to 3-4 weeks. The main reason is to raise funds from abuloy and profits from nightly gambling such as mahjong, pusoy dos, tong-its, and other card games.

Dying in an urban area comes with a high price tag. As per St. Peter Life Plan, the cheapest funeral services package they have (as of writing) is P38,000. Discounts are given to senior citizens at P27000. This includes embalming, 4-7 days of wake services, casket, and internment services. Memorial lot/space is not even included. Read “Why I Invested in Memorial Lot.”

This amount can cause massive distress to the bereaved family if they are not ready for this untimely emotional and financial shock. It is an additional burden to the pain of the grieving relatives. But this can be avoided if we have been open-minded to plan for something that we don’t want to happen but is inevitable.

Death, although certain to happen, is the most avoided topic due to its sensitivity. Who would want to die? No one! But it’s going to happen with certainty. Then why not prepare for it, too. You, as an individual, should be the one responsible for arranging for it. After all, you don’t want to add more pain to your hurting loved ones if the time comes.

Last December (2018), I acquired a Memorial Plan from St. Peter Life Plan. They are the leading deathcare company in the country for almost 50 years now. For as low as P700/month, you can have a memorial plan. It is payable for five years only.

St. Peter Memorial Plans

There are three categories of memorial plans that you can avail of. All policies are payable in 5 years (monthly, quarterly, semi-annually, or annually). A 10% discount is given for spot cash buyers.

1. Traditional Memorial Plan 
This is an anti-inflationary plan that guarantees your choice of a Memorial Service Package. Complete with value-added insurance coverage, transferable, assignable, and available at easy installment payments. Prices start at P700/month. This is the plan I took. For more details, follow this link.

2. Traditional Memorial Plan with Money Back 
The same benefits as the regular Traditional Plan but with a money-back or refund of the entire amount paid. An amount equivalent to 20% of the Contract Price based on the annual mode of payment shall be returned to the Planholder each year beginning at the end of the 16th year from date of effectivity until the end of the 20th year while the Planholder is still living. Prices start at P1900/month. For more details, follow this link.

3. Cremation Plan 
This guarantees first-class cremation service performed by St. Peter Crematorium and accredited crematoria in selected areas nationwide. St. Peter Cremation Plans are only available in Metro Manila, Cebu, Davao and Bacolod City. Prices start at P1255/month. For more details, follow this link.

Traditional Plans Package Inclusions :

  1. Pre-selected casket (kabaong)
  2. Retrieval of the remains
  3. Embalming and funeral cosmetics
  4. Viewing arrangement (lamay) at St. Peter Chapels for four or seven days at home, complete with flowers.
  5. Internment services (libing) including luxury hearse (karo)

Cremation Plans Package Inclusions:

  1. Embalming and funeral cosmetics
  2. Provision of a metal casket (on St. Jude plan)
  3. A 3-day viewing arrangement (lamay) at St. Peter Chapels or at home.
  4. Full cremation services
  5. Marble urn

Value-Added Benefits*:

  1. The plan is transferable to any living person. It can also be assigned to any deceased person.
  2. A cash benefit is due to the beneficiaries in case of natural/accidental death or dismemberment.
  3. A waiver on installment, in case of disability.
  4. The unpaid balance is deemed paid if the planholder passes away.

*Terms and conditions apply.

St. Peter’s has many authorized agents selling plans nationwide. I went personally to their office, but they still contacted an agent to assist me. After filling out the application form, you will pay directly to the agent, and a receipt will be given to you. The same agent will come and collect your succeeding contributions. Just make sure that you kept your receipt for future reference.

If you are interested in knowing more or buying a memorial plan from St. Peter, you may contact my trusted agent Auggie Liberato (Au Jang). He will further explain the policy to you and answer all your questions.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Do you have any questions? I would love to hear from you. Please leave a message in the comment box below or follow and message me on Facebook.

1. St. Peter Life Plan

Investing in Cropital

(Updated 22.May.20)

I believe that farming is the oldest profession, not prostitution, as others have claimed. It sounds like a weird comparison, but I want to emphasize the importance of farming to human survival. Food sustains a man’s life, and man cultivates plants to produce food since the beginning of time.

I grew up on a farm, and I know very well the life of a farmer. It’s not easy. We were lucky back then because my father was tilling our land. Many farmers don’t own farmland and are just a mere tenant of a particular landlord. For me, the most significant burdens to many farmers in the Philippines are the recurring typhoons, lack of capital, and lack of proper training on the latest agricultural technology.

The Future of Agriculture

With the younger generations called millennials abandoning farmlands, myself included, and prefer to work in the city, farming in the Philippines is in a tough position. The support of the government is still not enough to guide the farmers in the country.

Supports from private sectors and non-governmental organizations play a vital role in improving the yield of farmers further. I am glad to know that few companies are helping the farmers.

In my previous articles, I have tackled FarmOn as the new agricultural investment that many of us can join. In this article, I will discuss Cropital.

What is Cropital?

Cropital is a crowdfunding platform that connects anyone to help finance farmers in the Philippines. It allows any person to contribute money to support a farmer to grow crops. Due to lack of funding, many farmers run to 5/6 lenders, whose interest is up to 20% monthly. With Cropital, farmers get paid for labor and, at the same time, take a majority of the profit – significantly better than other lenders. Plus, Cropital trains them on the latest farming technology boosting their yields.

Why Invest in Cropital?

I have already invested in Cropital and have received profits from it. Cropital gives a fixed rate of return of 3.5% per cycle (4-6 mos), which is very small as compared to the average of 19% ROI I earned from FarmOn. Besides the low profit, I have continued my investment just for the common good. My little way of helping others.

A screenshot from my Cropital account.

I invested P5000 in August. After three months, I have received back my capital plus the interest. In November, I have reinvested my money, so I’m on the 2nd farming cycle now.

How Safe is Investing in Cropital?

Cropital is duly registered as Cropital Enterprises Corporation at SEC. Cropital does not guarantee any returns to its users. Although crops planted under Cropital management are covered by insurance under PCIC (Philippine Crop Insurance Corporation. This insures farms from risks brought by weather and pests.

How does It Work?

1. Sign-up – Users can sign up at to join the community
2. Select farms – Members can view farms and select which farms to invest in.
3. Funding – A variety of options is available to send your money to Cropital. Once fully funded, the farmers will be provided with the resources they need to start farming.
4. Gain returns – After the harvest (4-6 mos), and once the product has been sold, the capital will return to the investor’s wallet, together with the profit shared.

What I find unique with Cropital is the ability of the investors to choose which farmer to help. A profile describing the farmer and the location of the farm is available for the investors to review.

Quick Peek

Risk Rate: Moderate
Legality: SEC-registered
Initial Capital: P5000
ROI: Low (at 3.5%) per 3-6 mos cycle

Final Thought

Cropital is a social enterprise whose primary goal is to provide farmers with scalable and sustainable financing. Its purpose is not really to profit but to help farmers. If you’re after a considerable ROI, then Cropital is not your cup of tea. However, if your advocating charity and social responsibility, then this is another avenue for you to help the needy and help make this world a better place.

Review (Investment Update – 22.May.20)

My investment with Cropital has not been fruitful as I expected.

A screenshot of my account dated 22May-20

As you can see above, I had invested P5000 (P4750 capital plus 250 transaction fee) on July 16, 2018. Another P5000 was invested on Nov. 27, 2018. It’s been 22 months now, but neither of the two farms where invested has been successful. Cropital has been sending email in every calamity happening in Luzon. They would always reason that payment will not happen anytime soon because the farms were affected by the typhoon, volcano ashfall, COVID-19 pandemic.

In my opinion, Cropital is not appropriately managed. It’s as if our money is just being given away. Two years of non-payment proves their inefficiency. The objective of the platform is trashed when the investor’s money is compromised.

Because of the above mentioned, I will not recommend investing in Cropital.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Do you have any questions? I would love to hear from you. Please leave a message in the comment box below or follow and message me on Facebook.

1. Cropital

Earn from Being an Airbnb Host

The buying power of Filipinos nowadays has significantly increased because of the expansion of the middle-income class. Many can now afford to spend on shopping and leisure activities like traveling. It is very evident from the sights of jampacked malls all over the country.

You can always hear or see on social media, radio, TV, and prints the words vacation and “staycation.” People nowadays are always in search of new destinations to go, unwind, and enjoy. It could be within the city or to other islands in the Philippines. Tourism is undeniably a booming industry where you can jump on the bandwagon and profit from it.


How to Profit from Tourism?

With the increasing touristic activities comes the need for more accommodations. Having a property in a tourist spot will give you the advantage of hosting these adventure or tranquility seekers. If you are looking for a very unique investment in the real estate, don’t just go for the standard condo unit in Metro Manila or any typical house & lot. Look for a property that offers a place to live and a destination to go and an experience to try. You will have the option of living on vacation for life or constant income flow.

When I was in Boracay in 2016, someone handed me a leaflet of Boracay Newcoast. It’s an integrated tourism estate on the island developed by Megaworld. You can buy a condo unit, and the prices are just a little above the average condo units in Metro Manila. Imagine having a home on one of the world’s best islands.

Century Properties is currently developing a very unique and remarkably beautiful estate in Nasugbu, Batangas. Batulao Artscapes is dubbed as the world’s first livable art park. It is an expansive artventure community and a livable art park with designer homes, world-class vacation amenities, and an outdoor mecca.

Another realty developer, Revolution Precrafted, is building the “first livable food park” in the culinary capital of the Philippines. Revolution Flavorscapes at Lakeshore is set to rise in Mexico Pampanga. Amenities include a 12-hectare manmade lake, a community swimming pool, a cinema, museums, spas, a sports center, and pop-up stores featuring cuisines from 200 countries. This development is just a few minutes away from Clark, poised to be the next financial and governance capital of the Philippines.

Airbnb Hosting

Marc Manila used to be my colleague in a company in Dubai. In 2010, he acquired a house in a neighborhood in Laguna that has a recreation, leisure, and retail amenities. For two years, his investment was left idle. Just like many OFWs who have invested in decent homes in the Philippines but are living abroad, his property was almost reclaimed by nature. In 2017 he decided to refurbish and furnish his house and listed it in Airbnb. He earned an average net profit of P25000 monthly. Having seen such a high earning in that property and Airbnb’s great potential, he has invested in a condo unit in Tagaytay, a unit in Batulao Artscapes and one in Revolution Flavorscapes at Lakeshore.

His advice to OFWs is to buy a property where there are touristic activities within or just nearby. You can lease it for a long-term (yearly) or daily leasing through Airbnb while you are away. Your profit from rental will take care of the property’s monthly amortization. For hassle-free leasing, make sure to buy a property from a developer that offers an in-house longterm and daily rental (Airbnb) to give you both options whatever suits you best.

You can replicate Marc’s investment strategy. This is good for OFWs who are always outside the country. In the meantime, you lease it (long term or short term) and let the rental fee pay for itself. By the time that you are ready to go back to the Philippines, a lovely home is waiting for you.

Your condo unit in Boracay, your house in Batulao Artscapes or a house in Revolution Flavorscapes at Lakeshore, can be transformed into a money machine that will bring you a good income source. Aside from the fact that you can enjoy this property whenever you like to use it. In the end, we can’t be an OFW forever. Let us come back to the Philippines and reap the fruits of the investment we sow while working abroad.

If you are interested in acquiring property in Batulao Artscapes or in Revolution Flavorscapes at Lakeshore, you may contact Lea Godinez thru Facebook or email:


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Do you have any questions? I would love to hear from you. Please leave a message in the comment box below or follow and message me on Facebook.

1. Batulao Artscapes
2. Revolution Precrafted, CCEI join hands on Pampanga development

Backyard Goat Farming Business

I was born and raised on a farm, and one of the many livestock that we grew were goats. These animals are easy to grow. They are fed by grass and water only. There is a minimal cost involved in raising them, but you will surely get good cash once sold. We grew only a few goats as it was not really our primary source of income.

The story that I’m gonna tell is not mine but of an OFW in Saudi Arabia. His name is Nelson Ilao. He has ventured into different businesses and investments, but one particular endeavor that he has been profiting is goat farming. Together with his friend, they started this business two years ago.

Nelson Ilao

I got a chance to interview Nelson via voice chat. I am grateful to get details that can be useful to many Filipinos who want to venture into this type of business. In this article, we will tackle how to grow goats in a backyard. This is a type of simple goat farming of around 20 goats in a herd.

Lot, Fence, & Shed

Nelson’s goat farm is a 300 square meter lot in Brooke’s Point, Palawan. He has initially grown rice but has seen a better potential in goats. This size of the land is enough to grow up to 20 goats.

Fencing is recommended in growing goats. If you let them roam astray, they will eat the surrounding plants that might upset other people. Using barb wire, you can create a perimeter fencing enough for goats to be kept inside. In Nelson’s case, they have used a precast concrete post to make a sturdy fence. He has spent around P50,000 in fencing. Although you can use bamboo or tree trunks as poles to save money. Or just use poles and bamboo stalks in fencing to reduce the cost.

A small shed (Kubo) has to be built as a resting place for your herd. This will protect them from the rain and extreme heat from the sun. It can be a simple hut made of bamboo or pole and nipa or cogon leaves as roofing.

Food & Caretaker

Goats graze on the grasses within the fence. They can also be fed by leaves of trees such as ipil-ipil, malunggay, acacia, coconut, and banana leaves. Daily freshwater feeding is required to grow a healthy goat.

You need only one person as a caretaker to manage this business. Salary can be given on a commission basis. If you have an unemployed relative, then it’s the right time to provide him with a source of income. This business is easy to run as it doesn’t require full-time attention from the caretaker. Goats just eat the grasses within the fence. The caretaker will only provide water to drink. Goats take themselves to shelter at night without the caretaker’s help.

Growing & Selling 

Any local goat breed can be used to start farming. Nelson has begun with 2 pairs of male & female goats for P8000. In just a year, it had grown into 20 goats.

A doe (female goat) reproduces twice in a year. It gives birth to usually a pair of kids (baby goats). It takes 6 to 8 months to grow a kid to maturity and is ready for selling. An adult goat can be sold on a local market. Nelson’s yearly net profit is P50,000 on average.


Many of us may have owned vacant lands that have been left unused. Rather than keeping them idle, you can make it productive by raising goats. For one, I have a coconut farm in Leyte that can also be used as a goat farm. You can pick a caretaker from an unemployed relative. You earn a profit at the same time helping others to make a living.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Chat with me

I have ventured into an e-commerce business (online selling) that you might also be interested in setting up. You can visit our website at, where you can have a chat with me (just select Contact Us), and I will be more than willing to entertain your questions regarding this post and e-commerce.

Earn from Personalised Artworks & Crafts

When we were young, we used to create some arts and crafts in school. Some are really gifted with talents to draw, paint, carve, and create artworks and crafts. Some might have followed their passion and earned a living from it. But more often than not, this artistic talent is put into sleep as we go on with our adult life and find a different career path.

I couldn’t help but admire Jakeh Montemayor on how she is using her talent to earn an extra income. She works as a document controller in a construction consultancy firm in Dubai. A very hardworking woman, she uses her free time to create some arts and crafts and profit from it.

Jakeh Montemayor

Her artistic talents started to manifest at a very young age of 5. She recalled that her first drawing was a malunggay leaf. Upon growing up, she has improved her artistic skills. Aside from drawing, she loved to create artworks from scrap materials.

Profiting from Her Talent

She started earning money from her crafts when she was in college. She made scrapbooks and sold it for a hundred pesos each. After college, she ventured into selling personalized caricatures. While having full-time work, she earned extra income from painting wall murals and making invitation cards, party giveaways, etc.

Even now, in Dubai, Jakeh creates some personalized artworks and sell it for a fee. Having a full-time job doesn’t stop her from making these beautiful creations. She loves doing it as a pastime and is enjoying it much. She expresses herself thru her creations. Her artworks have provided her with an additional income flow since her younger years up until now. Sometimes she makes arts and crafts for her friends and family as a gift on special occasions.

Below are the arts & crafts that she creates nowadays. If you want to surprise your friends and loved ones on special occasions then these gifts are worth giving. They are unique and unusual presents. Jacqueline accepts orders. You can contact her thru her Facebook by following this link.


 A caricature can be a fabulously fun gift to anyone. It would put smiles into the eyes of people seeing it. It can be a perfect present for any occasion or just for your display in your room.

Engraved Ceramic Mug

 A personalized mug with the name of a person engraved can be a fascinating gift on many occasions. It can be a perfect Christmas or birthday gift. It can also be given as giveaways for weddings, baptisms, and birthdays.

Engraved Wooden Hairbrush

The reality is that ladies can’t live without a hairbrush or comb. Search for their bag, and you will always find one. A hairbrush engraved with a person’s name is a perfect birthday or Christmas gift for ladies.


 Piñata is a colorfully decorated container filled treats such as toys, money, candies, and prizes. It is usually smashed and opened broken to release the treats during important occasions, especially for kids’ birthday parties. It brings fun to any parties.

In Conclusion

There are many people out there who are gifted with extraordinary talent, just like Jakeh. You can use this to your advantage. Think of a unique thing that you can create, make it fabulous, and sell it. Small yet multiple flows of income, when combined, can make a flood of money to your coffers.


EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Do you have any questions? I would love to hear from you. Please leave a message in the comment box below or follow and message me on Facebook.

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