FInancial Literacy in the Phils

About Time For Financial Literacy

Recent studies show that most Filipinos  would want to retire early as age 50, and that majority consider health as a top concern. However, the sad part is– there is rarely enough savings to sustain an early retirement and only a minimum percentage of these people are prepared to pay for medical costs should an emergency occur. This is a common situation here in the Philippines today, and I believe it is not as hopeless as it seems to be if only financial literacy is instilled in everyone of us. See, everyone dreams of retiring at an age when they can still be active and engage in new pursuits. We all want to enjoy life to the fullest— see the world, run a business, or pursue our passions. But only a few Filipinos have done what is needed to achieve these goals. Financial planning is perhaps the most important part of this process. It […]

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