
Originally Posted by
Soul Doctor
1.)It is because we waste our money on fiestas.
Our whole year savings which we supposed to save for future needs and for emergency,
were spent on food and drinks in celebration of fiestas.
Mangungutang pa upang bonga ang handa at sobrasobra ang inuman.
2.)We waste our money on vices.
For catholics, halos lahat ng bisyo pwede.
Sigarilyo, inom, sugal, babaye,
Okey ra magsabong human og simba.
Bisan sa sulod sa simbahan manigarilyo pa.
Mosimba nga nakainom.
Mosimba kuyog ang kabit.
3.)Don't know how to manage their finances.
No savings. Do not save for their future.
No investments. Do not know how to invest their money.
Waste money on vices. Income is spent most on beer, smoke, gambling and entertainment or computer games.
Debt dependent. Utang ng utang and survives on credit and supermarket P.O.
4.)No family planning law (Unlike China). Absence of family Education or family planning programs.
With family with 6 children at the average, we pass our burden to the society
and blame the government for our problems of poverty.
5.) Laziness due to whole year perfect weather.
In other countries where there is winter, people are forced to work hard to save something for the winter.
If they fail to save for the winter, they die.