45% – that’s the grade Filipinos received when they were asked to take a financial literacy quiz. The results were reported in a World Bank study entitled ‘Enhancing Financial Capability and Inclusion in the Philippines’. Part of the study is statistics on financial management and knowledge habits of Filipinos. On average, the adults surveyed … Continue reading In Numbers: The Money Habits of Filipinos
Finally, a well produced honest to goodness personal finance TV in the Philippines gets launched. ABS-CBN’s news channel, ANC recently launched its personal finance themed show called On The Money with hosts Edric Mendoza, Melissa Gecolea and Salve Duplito. The Registered Financial Planner Institute Philippines has partnered with ANC’s On The Money to help provide … Continue reading ANC’s On The Money
Poverty remains one of the most painful realities in the Philippines. Yes, we hear about economic growth. We see new buildings rising, more malls opening, and more businesses expanding. But at the same time, many Filipinos still feel like they’re barely surviving. Some don’t just feel poor: they are poor, and their daily life proves … Continue reading Mendicancy Culture Among Filipinos… Is It Always a Bad Thing?
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