now browsing by month
Sourced MoneyMax.ph | January 13th 2015
There’s this indescribable mix of excitement and anxiety for first-time drivers and first-time car owners. But to take things on a legal point, you definitely need a driver’s license before you bring your wheels on the major roads. Spare yourself from spending your first thousand of pesos to the MMDA for driving without license.
The Land Transportation Office (LTO), under the Department of Transportation and Communications (DOTC), is responsible in drivers licensing and motor vehicle registrations. According to the Official Gazette (gov.ph), a driver’s license is “an official document authorizing an individual to drive a motorized vehicle in the Philippines.
read more: List of LTO Branches
LTO has three classifications of drivers licensing: student permit, non-professional driver’s license, and professional driver’s license. Before going to any branch, you have to decide what kind of license you will get. As the name implies, a Professional Driver’s License entitles you to drive a vehicle for a living. Apply for Professional license if you will drive any public utility vehicles (PUVs) such as jeepneys, tricycles, taxi, etc. On the other hand, a Non-Professional Driver’s License allows you to drive private vehicles. In both licenses, a prerequisite is a valid student’s permit, which is “an official document authorizing a person to operate a motorized vehicle in the presence of a duly licensed driver.”
Eligibility for Drivers Licensing:
- You must be at least seventeen (17) years old.
- You must be physically and mentally fit to operate a motor vehicle.
- You must not be a drug user or alcoholic.
- You must be able to read and write in Filipino or English.
- You must be clean, neat and presentable.
For Non-Pro driver’s license, take note of these steps:
List of Driver’s License Requirements
- Duly accomplished Application form for Driver’s License (ADL).
- Valid Student Permit (at least 1 month old)
- Medical Certificate with Official Receipt (from LTO accredited or Government physician)
- Taxpayer’s Identification Number (TIN) if employed
- Passing score in the written and practical examinations
1. Get a Student Permit
Before applying, you should accomplish a Student Permit also from LTO. When testing your driving skills on the road on your first few tries, you’ll need to present this permit to authorities who might issue you a ticket. A student permit will cost you around PHP 300 for 2-3 hours of processing. The one-month-old student permit is your time to really practice your driving.
2. Medical Examination
Before filing your application for a driver’s license on the same day, you will be required to get a medical examination which will cost around PHP500. Make sure that you only deal with LTO-accredited clinics, usually near the LTO branch.
3. Road Signs and Major Traffic Rules
As early as the thought of driving pops in your head, be wary of the road signs. In your exam, you will be asked for around 50 questions of road signs. If you pass the exam, you will get in to the next step.
4. Practice driving
When you apply for any of the two driver’s license, your skills will be test through a practical exam facilitated by an LTO officer and gauge if you’re capable of driving. It is notable though that a lot of people brags about getting a license without undergoing this process. But in reality, these people are the ones who get caught in vehicular mishaps because of foolish risks. No one is worthy to be on the road without any driving knowledge.
Here’s a run-through of your expense for that day:
|Medical Examination||Php 100.00|
|Application Fee + Computer Fee||Php 167.63|
|Driving Test Fee||Php 400.00|
|License Fee + Computer Fee||Php 417.63|
|TOTAL COST||Php 1,085.26|
Published by MoneyMax.ph | Kristel Silang – December 26th, 2016
What can you say about your financial state last 2016?
The answer to this question can help you get an overview of what you want to achieve financially this 2017 based on actual personal instances and figures. Did you hit your savings goals? Did you decrease your credit card debt or loan payments? Did you wish that you achieved more last year?
Reflecting on the past year and taking action can help you reach your financial goals for 2017 with more objectivity and effectiveness.
Seat sales? Sales on every corner of the mall at all months of the year? That’s what gets most of us to make impulse buys because we think we will be getting a great deal from it.
A great way to leverage these kinds of savings as well as satisfying that adrenaline of getting the most bang for your buck is to plan your impulse buys.
How to do it:
Set a budget you are willing to spend for leisure for the whole year. Plan your destinations in advance with the time frames so when you get hold of a seat sale, you can gauge if it fits the plan you made for the year. If yes, go for it! If not, check out other couriers on their seat sales.
When you find an interesting product or service, they usually give you a one-month, no commitment FREE subscription. The operative word being free, we are lured into getting on free subscriptions. The psychology behind this is beyond the utility of the product or service, we develop an attachment to any possession we have over time. This is why most people give an overestimate of selling price when selling their pre-loved items.
When the one month passes by and we are prompted to subscribe to continue using the service, we will be willing to pay for the service which we voluntarily signed up for. We may lose sight if we are really utilizing these products or services over time. Most subscriptions are also low on cost so we have this thinking of “Ay, Php100 per month lang naman ang subscription. Ayos lang yan.”
How to do it:
Schedule one hour within this month to assess all the recurring subscriptions you have and ask yourself:
- Can I live one year without this subscription?
- Is there a cheaper way for me to obtain the product or service I got from this subscription?
- How many times this month did I check or use the product or service I am getting from this subscription?
- Does this subscription help me earn money by providing me resources or giving me inspiration to do my work?
By answering these questions, you should be able to gauge whether these subscriptions are worth keeping and sustaining.
Even the most determined saver can get busy with life and miss putting money in his savings. You can also miss putting in savings when you feel obligated to make a sudden purchase before even stepping in the bank to deposit your payment to the other account.
Automating your savings can help you avoid unnecessary purchases and save you time because you do not have to do it manually.
How To Do It:
Sign up for an online account with your bank so you can set-up an automated savings plan. You can also coordinate with your HR Department if your company has a savings plan that you can use so you’ll save money while working in the company.
Thinking about saving money is just the tip of the iceberg. Making it happen is where the challenge lies, and identifying how much your target savings is the next step.
Knowing an exact amount will make this concrete and also make you realize how much you need to put aside per month to hit this goal by the end of the year.
How To Do It:
The amount you will identify should be based on your long-term goals. Is this for a new car or house? For an additional investment in your portfolio? This should also be a realistic goal. A good amount to start with is 10% of your net income. You can increase this over time as your income increases.
It’s not common to read financial literacy books for leisure when you are trying to relax from a long day’s work but it will help you get closer to your financial goals for 2017.
This can be from anywhere from general personal finance to a specific topic in personal finance that you want to know about.
How To Do It:
This depends on your pace and schedule. You can block off time periods during the day to read 10 pages per day or schedule one day to read the whole book. What is important is that you gain progress on getting new information and you apply your learnings on improving your personal finances.
You can add value to your everyday social media break by following financial experts who can give you tips, share motivational quotes, and help you keep going on your journey to financial freedom.
How To Do It:
Here are a few personal finance experts that you can follow. You can set this to “See First” so when you log in at Facebook, you can see their posts at the top of your News Feed:
- Randell Tiongson
- Marvin Germo
- Lianne Laroya
- Fitz Villafuerte
- Burn Gutierrez
- Dave Ramsey
- The Simple Dollar
- Get Rich Slowly
- Wise Bread
Yes, you have an emergency fund. The question is: Is it really ready for when an emergency hits you right this minute? While this might seem negative to think about it before it actually happens, remember that this is the main reason why you are saving up money for an emergency fund. It is not for your big leisure purchases or for those sudden sales in the mall that makes you compelled to spend more than you should.
How To Do It:
Assess every quarter if the full amount of your emergency fund can support you to any of the following emergencies that will call for moving it:
- Hospitalization of yourself or any other family member for 5 days or more
- Losing your job tomorrow
- Your car totally breaking down
- Needing to have an international trip because of an emergency with a family member abroad
For most Filipinos, this is the time after work when they rest and take a break from work. This may also be the time to help you get additional income which may not be immediate but gradually being built up.
Successful individuals may stop the work once they step out of their offices but they do not stop learning and improving their skills so they are at the optimum condition when they get back on the hustle. This could also spare you from spending money by going out with your friends or officemates out of whim instead of planned get-togethers.
How To Do It:
List all the activities you do on this time after work (which may vary depending on your work schedule) aside from getting ready for bed and going to sleep. Do any of these activities help you grow a side business, make you learn new ideas or skills that may get you promoted at your job, or give you more information on building up your finances?
If it’s a yes to any of those income-growing possibilities, then you’re on the right track. If all your activities didn’t fit into any of them, it’s time to identify at least one activity that you enjoy on that free time that you can add to start achieving your goals at work or on your finances.
Insurance is a financial topic that isn’t top of mind when Filipinos talk about personal finance. While this may be an unnecessary cost for most of us, this actually helps us save more money when the need arises based on our coverage.
If you are the breadwinner of the family, it may be time for you to get life insurance. If you bought your car 5 years ago, maybe it’s time to re-visit if your car insurance policy still gives you the best coverage at a value-for-your-money price.
Having the right insurance can help you avoid spending a big amount of money in case of an accident or death of a loved one. Cliche as it may seem, prevention is always better than cure.
How To Do It:
Seek the help of a Registered Financial Planner (RFP) who can help you make informed decisions on which types of insurance you should get. Do not go into buying insurance and paying your contributions every month without talking to the experts and researching on the details so you don’t end up buying the policy that’s not suited to your actual needs.
Most of us love the idea of excess since this validates our financial capability and our satisfaction that we have something tangible that came from the money we worked for but in reality, we do not need 10 pairs of workout shoes or 20 pairs of heels so we can go on with our everyday lives.
How To Do It:
Why not try the Oprah Winfrey Closet Hanger Experiment? Hang all your clothes with the hangers in the reverse direction. After you wear an item, return it to the closet with the hanger facing the correct direction. After six months, you’ll have a clear picture of which clothes you can easily discard. You can also apply this to other clothing items such as shoes, accessories, bags, and more.
Through these financial resolutions and the determination to do them and follow through throughout the whole year, you should be able to reach higher financial heights by the end of the year and build great financial habits that you will own for the years to come.
Sourced Wikipedia | Image sourced NJYTolentino
Metro Manila Major Roads
This list of roads in Metro Manila summarizes the major thoroughfares and the numbering system currently being implemented in Metro Manila, Philippines. Metro Manila’s arterial road network consists of National Roads, the Circumferential Roads, and the Radial Roads, as well as the other major roads connecting the cities of Manila, Quezon, North and South Caloocan, Valenzuela, Malabon, Navotas, Pasay, Parañaque, Las Piñas, Taguig, Muntinlupa, Marikina, Pasig, Mandaluyong, Makati, Pateros, and San Juan as well as the surrounding provinces.
List of numbered routes
The first road numbering system in the Philippines was adopted in 1930 by the administration of President Manuel Quezon, and was very much similar to U.S.
In 1945, the Metropolitan Thoroughfare Plan was submitted by Quezon City planners Louis Croft and Antonio Kayanan which proposed the laying of 10 Radial Roads, which purposes in conveying traffic in and out of the City of Manila to the surrounding cities and provinces, and the completion of 6 Circumferential Roads, that will act as beltways of the city, forming altogether a web-like arterial road system. The Department of Public Works and Highways (DPWH) is the government agency that deals with these projects.
The road numbering for Radial Roads are R(Radial Road)-1 up to R-10. The radial roads never intersect one another and they do not intersect circumferential roads twice; hence they continue straight routes leading out from the city of Manila to the provinces. The numbering is arranged in a counter clockwise pattern, where in the southernmost is R-1 and the northernmost is R-10. The Circumferential Roads are numbered C(Circumferential Road)-1 to C-6. The innermost beltway in the city is C-1, while the outermost is C-6.
Circumferential Roads of Metro Manila
There are six (6) circumferential roads around the City of Manila that acts as beltways for the city. Two run inside the City of Manila Proper, while three run outside the City of Manila. Another circumferential road, the C-6, will run outside Metro Manila and is under construction.
Circumferential Road 1
Cover Roads (City of Manila) 5.9 Km long
- Recto Avenue
- Pedro Casal Street
- Ayala Boulevard
- Finance Drive
- Padre Burgos Avenue
C-1 is a route that runs inside the City of Manila proper, passing through the Tondo, Binondo, Quiapo and Ermita districts. It starts from the North Port as Recto Avenue and becomes P. Casal Street after crossing R-6. The road crosses the Pasig River as Ayala Boulevard, which ends in Taft Avenue and enters Rizal Park as Finance Drive, which merges into the southern part of Padre Burgos Street, which ends in a junction with Roxas Boulevard.
Circumferential Road 2
Cover Roads (City of Manila) 10 Km long
- Capulong Street
- Tayuman Street
- Lacson Avenue
- Quirino Avenue
The C-2 Road starts from Tondo, Manila, passing through Binondo, Sampaloc, Pandacan and Paco Districts. It starts from R-10, becomes Tayuman Street in the Sampaloc district, then continues on as Arsenio H. Lacson Avenue after passing A. Mendoza Street. It crosses the Pasig River, then becomes President Quirino Avenue, which continues on until it reaches R-1 (Roxas Boulevard), passing through the Paco and Malate districts.
Circumferential Road 3
Cover Roads (Navotas – Pasay) 21.7 Km long
- C-3 Road
- 5th Avenue
- Sgt. E. Rivera Avenue
- G. Araneta Avenue
- Metro Manila Skybridge
- South Avenue
- Ayala Avenue Ext.
- Gil Puyat Avenue
The C-3 Road is a route that lies outside the City of Manila. It starts as the C-3 Road in Navotas, and becomes 5th Avenue after entering Caloocan. It becomes Sergeant E. Rivera Avenue after crossing A. Bonifacio Street, and becomes G. Araneta Avenue after crossing the Kaingin Road in Quezon City. The road ends shortly after entering San Juan, only resuming at the junction of J.P. Rizal Avenue and South Avenue. South Avenue becomes Ayala Avenue after crossing Chino Roces Avenue. The route is rerouted to Gil Puyat Avenue after Ayala Avenue enters the Ayala Triangle, an important industrial landmark in Makati. The proposed Metro Manila Skybridge will bridge the missing segment of the road.
Circumferential Road 4
Cover Roads (Malabon – Pasay) 28.1 Km long
- C-4 Road
- Letre Road
- Samson Road
- Epifanio de los Santos Avenue
The C-4 Road starts from Malabon. It becomes Letre Road, then becomes Samson Road after entering Caloocan. After crossing the Monumento Roundabout, the C-4 Road becomes EDSA, the most important thoroughfare in the metropolis. With 2.34 million vehicles and almost 314,354 cars passing through it and its segments everyday, the road is also the most congested and busiest highway in the metropolis. The road ends Mall of Asia roundabout in Pasay. The MRT-3 follows the route of C-4, from North Avenue to Taft Avenue.
Circumferential Road 5
Cover Roads (Malabon – Parañaque) 55 Km long
- NLEX – Karuhatan Link
- NLEX – Mindanao Avenue Link
- Mindanao Avenue
- Congressional Avenue
- Luzon Avenue
- Tandang Sora Avenue
- Katipunan Avenue
- Bonny Serrano Avenue
- E. Rodriguez Jr. Avenue
- Carlos P. Garcia Avenue
- C-5 Road Ext.
Several arising controversies regarding an expressway MCTEP, properties of Sen. Manny Villar, and the constant squatter demolishing issues in Quezon City causes the C-5 Road, although complete, have less than half of the length, only 32.5 kilometres (20.2 mi), be functional. The road officially starts from Letre Road, but it only starts from the NLEX Segment that crosses the North Luzon Expressway and becomes Mindanao Avenue. The road will follow the route of Congressional Avenue and Luzon Avenue, crossing Commonwealth Avenue and becoming Tandang Sora Avenue, which becomes Katipunan Avenue after crossing C.P. Garcia Avenue in the University of the Philippines campus. The road will follow the route of Col. Bonny Serrano Avenue, which becomes C.P. Garcia Avenue after entering Pasig. The road ends in South Luzon Expressway. A continuation of the road currently provides no access, which starts from Merville, Parañaque to Coastal Road in Las Piñas.
Circumferential Road 6
Cover Roads (Marilao, Bulacan – Bacoor, Cavite) 49.1 Km long
- Circumferential Road 6
The Bulacan-Rizal-Manila-Cavite Regional Expressway is a superhighway currently under construction. It will act as a beltway of Metro Manila, so that buses and other transportation vehicles coming from the southern provinces going to the northern provinces would not need to pass through Metro Manila, thus lessening traffic in the metropolis. Its northern terminus is MacArthur Highway and the southern terminus is in Bacoor, Cavite.
Radial Roads of Metro Manila
There are ten (10) radial roads that serves the purpose of conveying traffic in and out of the city of Manila to the surrounding cities of the metropolis and to the provinces, numbered in a counter clockwise pattern. All radial roads starts at kilometre zero, which is, the Jose Rizal Memorial Monument in Rizal Park.
Radial Road 1
Cover Roads (City of Manila – Cavite) 41.5 Km long
- Bonifacio Drive
- Roxas Boulevard
- Manila – Cavite Expressway
- Antero Soriano Highway
Radial Road 1 connects the City of Manila to the province of Cavite, officially starting at Bonifacio Drive, just south of Pasig River. The road skirts the coastline of Manila Bay entering Roxas Boulevard and later, after crossing NAIA Road, as the Manila-Cavite Expressway. The road will keep skirting the coastline until it ends in a junction with the Governor’s Drive in Naic, Cavite, spanning 41.5 kilometres (25.8 mi) from Rizal Park to Cavite.
Radial Road 2
Cover Roads (City of Manila – Batangas) 64.2 Km long
- Taft Avenue
- Elpidio Quirino Avenue
- Diego Cera Avenue
- Aguinaldo Highway
- Tagaytay – Talisay Road
The road lies parallel to Radial Road 1, connecting the City of Manila to Cavite and Batangas. The road starts from the Lagusnilad Underpass in front of the National Museum in Ermita. The road, as Taft Avenue, will follow a straight route, and after crossing EDSA in Pasay, becomes Elpidio Quirino Avenue. E. Quirino Avenue serves as the main road in the suburb of Parañaque, until it becomes Diego Cera Avenue upon entering Las Piñas. The road then becomes the Aguinaldo Highway after crossing the Alabang–Zapote Road. Aguinaldo Highway serves as the main thoroughfare in the Province of Cavite, ending in the Tagaytay Rotunda, and becoming the Tagaytay-Talisay Road, which ends in front of the Taal Lake. The Manila LRT Line 1 follows the route of R-2 from Padre Burgos Street to EDSA.
Radial Road 3
Cover Roads (City of Manila – Batangas) 96 Km long
- South Luzon Expressway
- Southern Tagalog Arterial Road
The entire road is an expressway, except for its northern end starting from its junction with C5. It is jointly operated by the Skyway Operation and Management Corporation (SomCo) and the Citra Metro Manila Tollways Corporation (CMMTC). Although the kilometer zero of the road is at Rizal Park, the road officially starts from the junction of South Luzon Expressway and Quirino Avenue. The road will follow a straight route from Paco, Manila to Santo Tomas, Batangas, wherein it becomes the Southern Tagalog Arterial Road or the STAR Tollway. The STAR Tollway connects Sto. Tomas to the Batangas Port in Batangas City.
Radial Road 4
Cover Roads (City of Manila – Rizal) 23.5 Km long
- Pasig Line Street
- Kalayaan Avenue
- M. Conception Avenue
- Elisco Road
- Highway 2000 Phase1
The road itself is incomplete. It starts from the junction of Pedro Gil Street and Quirino Avenue in Santa Ana, Manila, and it will enter Makati before ending in a junction with Zodiac Street. A logical continuation of the road starts from the junction of EDSA and Gil Puyat Avenue. The road again ends in a dead end in Kalawaan, Pateros. The continuation of the road starts from the east bank of the Manggahan Floodway, as Highway 2000. Highway 2000 becomes the Taytay Diversion Road after crossing Road 1 in Taytay, Rizal. The proposed Pasig River Expressway is also labeled R-4. The road currently spans 23.5 kilometres (14.6 mi).
Cover Roads (City of Manila – Laguna) 86.1 Km long
- Victorino Mapa Street
- Padre Sanchez Street
- Shaw Boulevard
- Pasig Boulevard
- Ortigas Avenue Ext.
- Taytay Diversion Road
- Manila East Road
Radial Road 5 starts from the upper banks of the Pasig River, parallel to Radial Road 4 on the lower banks. The road will enter Mandaluyong and will become an important thoroughfare in the industrial downtown of Pasig and the Ortigas Center. The road will eventually become the Manila East Road, the main transportation corridor of the Province of Rizal.
Cover Roads (City of Manila – Quezon) 121.6 Km long
- Legarda Street
- Magsaysay Boulevard
- Aurora Boulevard
- Marikina – Infanta Highway
Radial road 6 starts from the junction of Mendiola Street and Ayala Boulevard. The road will serve as an important thoroughfare in Santa Mesa, Manila, and will enter the New Manila District of Quezon City after crossing G. Araneta Avenue and becomes Aurora Boulevard. The boulevard will enter the District of Cubao in Quezon City and will serve as the main thoroughfare in Araneta Center. The road becomes Marikina–Infanta Highway (Marcos Highway) after crossing Katipunan Avenue. The highway will then pass through the cities of Marikina then in Pasig and transverse the province of Rizal. The road would continue further and will end in a dead end in Infanta, Quezon. The MRT Line 2 follows the route of R-6 from Legarda Street in San Miguel, Manila to Marcos Highway in between the boundaries of Santolan, Pasig and Calumpang, Marikina. The road spans 88.6 kilometres (55.1 mi) long.
Cover Roads (City of Manila – Bulacan) 53.6 Km long
- Lerma Avenue
- España Boulevard
- Quezon Avenue
- Elliptical Road
- Commonwealth Avenue
- Quirino Highway
- SJDM – Norzagaray Road
Radial Road 7 starts from Quiapo, Manila. The road will follow a direct route to Quezon City. After crossing the Quezon City Memorial Circle, it becomes Commonwealth Avenue, the widest road in the Philippines. The route then follows Regalado Highway in Fairview, Quezon City, and it ends in a junction with Quirino Highway in the Neopolitan Business Park in Lagro. The road drives north to Bulacan, until it ends with a junction with Fortunato Halili Avenue. The currently under construction North Luzon East Expressway or the R-7 Expressway is a continuation of this road.
Cover Roads (City of Manila – La Union) 210 Km long
- Quezon Boulevard
- Alfonzo Mendoza Street
- Dimasalang Street
- Andres Bonifacio Avenue
- N. Luzon Expressway
- Subic – Clark – Tarlac Expressway
- Tarlac – Pangasinan – La Union Expressway
Radial Road 8 starts from Quezon Bridge in Quiapo, Manila. The road will follow a direct route northwards, becoming the North Luzon Expressway after crossing EDSA. The road becomes SCTEX after crossing MacArthur Highway in the Paradise Ranch in Clark Freeport Zone, Angeles, Pamapanga.
Cover Roads (City of Manila – La Union) 228 Km long
- Rizal Avenue
- MacArthur Highway
- Pugo – Rosario Road
The Radial Road 9 consists of the northern portion of the Pan-Philippine Highway or AH-26.(R-2 takes the southern portion) The LRT-1 follows the route of R-9 from Manila to Gracepark, Caloocan. R-9 starts as the Rizal Bridge from Padre Burgos Street. It follows a straight northward route parallel to R-8. The road becomes MacArthur Highway after crossing the Monumento Roundabout in Gracepark, Caloocan. The road officially ends in the road diversion in Baguio where it diverges into Kennon Road, Marcos Highway/Aspiras-Palispis Highway and the Pan-Philippine Highway
Cover Roads (City of Manila – Bataan) 105 Km long
- Marcos Road
- Manila – Bataan Coastal Road
The Radial Road 10 is currently a 9.7 kilometres (6.0 mi) long highway from Tondo, Manila to C-4 Road. There was a proposed project of extending it to Bataan, as the Manila-Bataan Coastal Road. The project has long since died, but the top local government chiefs of Central Luzon led by RDC Chair and San Fernando City Mayor Oscar Rodriquez, and Zambales Governor Hermogenes Ebdane, Jr. revived the project and approved the CLIP for 2011 to 2016 in the recent 6th RDC meeting in Balanga.