Quote Originally Posted by London_Manila View Post
Family values in the Philippines seems to center around financial gain

Allow me to widen the debate further on financial matters in the Philippines
I have yet to meet anybody in the Philippines who has a clue about money or how to spend it
Here in the UK we are brought up to believe that saving some money for emergencies is prudent
That just does not happen in the Phills whatever money they have they will spend and only start to think about money when all their money has run out

Is this just different cultural behaviour or do we put it down to a lack of education on financial matters ?
My friend who has been going to the Philippines for the past thirty years or so says exactly the same. Maybe they don't save their money because they don't want to part with what they saved when a family crisis arises.