1. Financial Wake-Up Call!!!
> “Based on the Fin-Q results, only 1 out of 10 Filipino respondents is consciously
saving up for retirement. The rest have some savings but don’t know if it will be
enough. Others have no idea at all how much they need or have not started
planning,” said Agustin Davalos, Citibank Philippines’ retail bank director.
“If they lost their jobs tomorrow, or suddenly fall ill and cannot work, their
savings would last only for nine weeks (about two months) before they run out of
money,” Davalos said. <
Source:
Philippine Daily Inquirer (2008-01-17) – Filipinos-have-low-financial-IQ-says-bank
http://healthywealthphilippines.blogspot.com
