Posts tagged ‘Filipinos’

The Financial State of Filipinos: Q1 2014 Survey

Published: May 31, 2014 | News and Events, Personal Finance | No Comments

What’s the financial state of Filipinos for the first quarter of this year? According to a survey commissioned by Sun Life Philippines, and conducted by the Social Weather Station (SWS) – 9 out of 10 Filipinos had been short of cash for the past 12 months. The study involved 1,200 respondents sampled from the A […]

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Survey Results: The Financial Situation of Filipino Families

Published: February 10, 2014 | Personal Finance | 7 Comments

Last month, I did an online survey on the financial situation of Filipino families. I’d like to thank everyone who took the time to answer the questions. Below are the current summary of responses, and my personal thoughts about it. What is your biggest source of income today? Salary from being an employee: 85% Income […]

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Infographic: The Spending Habits of Filipinos

Published: October 18, 2013 | Personal Finance | 9 Comments

After years of “blind spending”, a friend has decided to finally track his expenses and create a monthly budget starting next month. I’m glad and excited for him because he did not wait for 2014 to work on his “New Year Resolution” to save more money. So, we were talking yesterday and he asked for […]

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How Financial Responsibilities Change The Way Filipinos Think and Act About Money

Published: September 21, 2013 | General Information, Personal Finance | 6 Comments

When I graduated from college and got my first job, I officially became financially independent. For almost ten years since that time, all my income was mine alone to spend on whatever I need and want. But then, I slowly realized that my parents have not fully prepared for their retirement, and time would soon […]

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Philippine Financial Literacy Advocacy Report 2013

Updated: September 21, 2013 | General Information | 2 Comments

Back in 2008, I published a special research on The State of Financial Literacy in the Philippines. Five years later, let’s take a look at what has changed since then. Below, I’ve embedded the Financial Literacy Advocacy Report (FLARe) of Sun Life Philippines when they did the Study of Lifestyles, Attitudes, and Relationships (SOLAR). And […]

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The State of Financial Literacy in The Philippines

Updated: April 19, 2015 | General Information | 14 Comments

In my previous post, I shared F. Sionil Jose’s thoughts on why Filipinos are so poor. He mentions poverty of spirit, poor sense of nationalism and loss of ethical moorings as some of the reasons. Personally, I believe that the lack of financial literacy is also one of the major cause why Pinoys are struggling […]

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Why Are Filipinos So Poor?

Updated: June 12, 2017 | General Information, Mindsetting | 39 Comments

Just the other day, I was organizing my book shelf when I saw a novel which my Humanities teacher assigned for us to review back in college. It was Viajero by F. Sionil José. This novel is about the Filipino diaspora as seen through the eyes of an orphan who is brought to the United […]

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