Another year, another opportunity for change. Being financially stable is oh-so-important these days, with the prices of goods and services increasing, along with an unstable global market. In the Philippines, financial literacy is a concern: As revealed in a World Bank study, Filipinos received a failing grade of 45% upon taking a financial literary quiz—a figure that is of concern for life coach Randell Tiongson.
"How is it possible to still have insufficient funds with much greater income? The answer is Filipinos’ lack of inclination to save, budget, and monitor expenses," Tiongson explains in his post.
While saving money is a good start towards becoming financially stable, there are still some bad habits that remain stuck with Filipinos. Do you exhibit these but are you committed to change for a financially-secure future? Take the quiz below!
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