Mortgage Redemption Insurance (MRI). Is It Really Important?

I think it is safe to say that majority of us Filipinos (if not all) want to have a place that we can call our own. This is why we save/invest part of our income in preparation for our dream home.

Investing Rules: Compounding Interest

If you invest money, you will hear the term interest. If you borrow money, you will still hear this famous term. But what is this exactly?