Why most of us Filipinos are poor?

[lorenzoleo]

---

Root cause why we are poor because we lack of Financial Education and we don't have a Disciplined-Mentality.
We know that our race is hardworking but why still end-up broke? -> Lack of Financial know how. If you have know how to invest and save the right way even Php 1k/Month you can be wealthy overtime.

Why there are many Filipinoes earn 300K php/ month but still end up broke? -> Lack Of Financial Education and Lack of Mental Discpline in spending below their means.

What if a person has the habit to earn 10k / month but suddenly he got 20M in one click with out financial knowledge, what is the odds of lossing money? 100% guaranteed, Do you know why because he lacks to increase his/her Psychological wallet, increasing psychological wallet can be change through constantly forcing himself/herself to live below their mean, you can gain that habit if you always attend Financial Literacy lectures. You can change your bad habit within 30 days, try forcing youselves to save at least 30 days relentless, it could change you life and the way you think. Just try it, it's just a habit.

[optimusprime]

I don't totally agree we failed to succeed just because of pessimism.. it a matter of choice, most of us forget to think the other side which is positive... financial literacy also is essential to us... I am an OFW, but I have observed here thou, some people earn good money here but still ended up nothing, why because most of OFW's dont know how to differentiate the needs and wants.. it is very rampant to see here, buying new flat screen TV's, gadgets, digital cameras, nice cars, stereos.... Its not bad at all you see, but the bottom line is all these things are just going to depreciate within few months time leaving them earning nothing.. whereas if they invest into something income generating activities/programs or engage in entrepreneurship, then for sure will reap the harvest in due time... I always share my views on financial literature to my colleagues, and I can see to them their amazement, as if its new to them.. Though I am not financial adviser, but this is how I view things..

Back home, family members tend to ask unnecessary things... tay palit celpon... tay, palit ta auto..., tay palit ta ani... tay palit laptop... tay shopping mi.... Again, its not bad at all.. but the bottom line is, they should know how to differentiate needs and wants... Instead, why not let them engage in business, that later could reap the harvest.. by then you can have extra money, then maybe you can have those things you want to have without compromising the income.

[boylaang]

ako ra nia ha pobre ko ky pobre mn ako ginkanan hasta pud ang ginikanan sa ako ginikanan pobre jud nglabi sa mga mga adunahan karon ky nagsunod na sa gibilin sa ila ginikanan igo nalang misunod ug mipalambo niini. ug gipakatawo ka sa kakabos karon na panahunan sulagma nalang au ang imo pag asenso. labi na sa panahon karon na grabi kamahal sa tanan na butang ilabi na jud sa education na labihan ka mahal

ug gipakatawo ka na mag uuma sa yuta na pila lang ka dupa ing abot sa kapanahonan mag uuma ra gihapon ka ug dili ka mahimo asendero

ug gipatawo ka na mag uuling mag uuling jud ka

ug gipatawo ka na anak ug panday sa umaabot mahimo ka na panday

karon panahona lisud na ang mag uuma panday mag uuling maka paiskwela sa ila mga anak labi na sa kulihiyo

bisan muunsa pa ug ingon ang uban na negative ra ang ato mintalidad pero sa kdaghanan sa miingon niini
wala magikan sa kalisud

[rcdy]

disagree ko nimo bro. ang panday ug mga farmers dli matawag na pobre basta kabalo ka momanage sa imo financial.
ang point nako ang pasabot sa pobre are those person who always end up broke no matter how much they earn. Farmers are not poor I've known some who invest in machines para sayon na cla mag harvest, some invest in warehouses and dryers. kani cla na mga tao naghuna2x sa future og naay positive mentality dli cla kontento na sa ila life. naa pa ambitions parisan ug hardwork mao ni asenso.

[bakahame]

ako ra nia ha pobre ko ky pobre mn ako ginkanan hasta pud ang ginikanan sa ako ginikanan pobre jud nglabi sa mga mga adunahan karon ky nagsunod na sa gibilin sa ila ginikanan igo nalang misunod ug mipalambo niini. ug gipakatawo ka sa kakabos karon na panahunan sulagma nalang au ang imo pag asenso. labi na sa panahon karon na grabi kamahal sa tanan na butang ilabi na jud sa education na labihan ka mahal

ug gipakatawo ka na mag uuma sa yuta na pila lang ka dupa ing abot sa kapanahonan mag uuma ra gihapon ka ug dili ka mahimo asendero

ug gipatawo ka na mag uuling mag uuling jud ka

ug gipatawo ka na anak ug panday sa umaabot mahimo ka na panday

karon panahona lisud na ang mag uuma panday mag uuling maka paiskwela sa ila mga anak labi na sa kulihiyo

bisan muunsa pa ug ingon ang uban na negative ra ang ato mintalidad pero sa kdaghanan sa miingon niini
wala magikan sa kalisud

ako sa rad ni bro. pero kabalo baka nga dunai na asenso bisan mas worst pa ila setwasyon sauna karon dato na..dili pasabot nga tungod anak sa pobre e pobre najud ka.kung mao na imo hunahuna aw pobre jud ka..

[lord]

kung ako ang pasulti-on, Ang Pobre ug ang Datu pareho ra peru mas bintaha jud kung may kwarta ka.

[lorenzoleo]

I came from a poor family, my grand father was living on the streets of China before and he was cast away to the Philippines. But our blood do find a way to win. Winner always find a way to win while losers always find a way to quit or give up.

Do you know even those people who scavenge from garbages has the chance to become wealthy? If he has the mentality of a winner.

That's why change first your Undisciplined-mentality.

[ethzneuron]

i surely agree on number 2..

it could have managed some of number 1 and could have changed/remodel numbers 3 & 4.

[carbrill]

for me kay,
mo dawat ra man gud ta kung unsa ang naa nato...
we tend to blame other for our fate...
most of us are "bahala na"
too much freedom..

like mo ingon ra ta nga
" mao man gud ni pag boot sa ginoo"--- we are the one who make our own fate
"aw ing ani man jud mi pobre"-- no one is telling us to be poor, y kung pobre nata wa na di ai tay mahimo?!
"bahala na ni "--- it is ok to take the risk as long as we have reserve plans ahead of tym...
"democratic country bitaw ta, way mag bout nako"--- this act is a selfish act di mag huna2x sa uban...etc....

most of us are negative thinkers...

[lorenzoleo]

for me kay,
mo dawat ra man gud ta kung unsa ang naa nato...
we tend to blame other for our fate...
most of us are "bahala na"
too much freedom..

like mo ingon ra ta nga
" mao man gud ni pag boot sa ginoo"--- we are the one who make our own fate
"aw ing ani man jud mi pobre"-- no one is telling us to be poor, y kung pobre nata wa na di ai tay mahimo?!
"bahala na ni "--- it is ok to take the risk as long as we have reserve plans ahead of tym...
"democratic country bitaw ta, way mag bout nako"--- this act is a selfish act di mag huna2x sa uban...etc....

most of us are negative thinkers...

Yes, exactly. Most people are negative thinkers, I was one of them before I got into business especially in the people business.