What are the Financial Instruments Available in the Philippine Market?

[Quint]

Most Pinoys are not aware of what's available out there.
More important though, we tend to spend more than save for our futures, and throw caution to the wind on what the future holds.
Most Pinoys will think about borrowing money when they need to make a purchase than plan for and earn it.
Why do Pinoys love to borrow or make "utang?"
Why do we think that buying a house is so important even if we can't really afford it (even after doing the math)?
What is it with the interest rates that we don't understand and are still willing to be slaves to loans---be it housing loans, car loans, etc. (again, utang).
How can we change the Filipino's financial intelligence?
How can we make them aware of the financial instruments out there?
How can we educate them?
How can we make the Pinoy richer?

[niky]

Buy my motivational tapes to find out.

And then subscribe to my 100,000 peso life "audit" to clear up your finances and your spiritual life.


Joke.


Education, education, education... I guess. It's also part of our culture... we're too Americanized... too obsessed with the appearance or riches and easy money and not really as focused (as the old Pintsik guard are... some of the new generation Pintsiks are also short-sighted) on the fundamentals of financial security and discipline.

[uls]

gone are the days when people actually saved up to buy something

now we have credit cards, auto loans, housing loans, personal loans

How can we change the Filipino's financial intelligence?
How can we make them aware of the financial instruments out there?
How can we educate them?
How can we make the Pinoy richer?

education

quality education

[badsekktor]

Buy my motivational tapes to find out.

And then subscribe to my 100,000 peso life "audit" to clear up your finances and your spiritual life.


Joke.

hahaha! natawa ako dito!

Education, education, education... I guess. It's also part of our culture... we're too Americanized... too obsessed with the appearance or riches and easy money and not really as focused (as the old Pintsik guard are... some of the new generation Pintsiks are also short-sighted) on the fundamentals of financial security and discipline.

gone are the days when people actually saved up to buy something

now we have credit cards, auto loans, housing loans, personal loans



education

quality education

yep! we really have to get back to basics......

[badsekktor]

.............