8 in 10 Filipinos ‘struggling, suffering’ financially

26 March 2015

By Camille Diola

MANILA, Philippines — Only 18 percent of Filipinos saw themselves as “thriving” financially, while the rest of the represented population said they are “struggling” or “suffering” in terms of economic security.

The recent Gallup-Healthways State of Global Well-Being Index 2014 reported that Filipinos’ perception of financial security is notably below the Asian and global averages of 25 percent.

Read on…

10 Responses to 8 in 10 Filipinos ‘struggling, suffering’ financially

  1. March 26, 2015 at 4:52 pm

    agree with steve salonga: “of all the many studies and surveys, this one feels just right.”
    https://www.facebook.com/steve.salonga/posts/10153136301395762?pnref=story

    • March 27, 2015 at 9:57 am
      GabbyD

      all of it? or just the headline? if u read the whole thing, philippines is doing well in some…

      also, why add struggling and suffering? arent we all struggling? parang ibang level ang suffering

  2. March 26, 2015 at 5:29 pm

    The problem in the Philippines is too much disruption, too many destabilizers, too much red tape and self-defeating practices. The outlook is actually great if troublemakers would just get out of the way.

    http://joeam.com/2015/03/26/the-philippines-is-in-great-shape-its-in-the-numbers/

  3. March 27, 2015 at 2:50 am
    manuelbuencamino

    Who are buying all those cars and motorcycles and condos and houses and keeping all those malls profitable, a mere 18% or 18M Filipinos?

    • March 27, 2015 at 5:41 am

      People moving up or moving back. The 18% is the cumulative increase in population.

      • March 27, 2015 at 4:48 pm
        manuelbuencamino

        But the news report starts with “Only 18 percent of Filipinos saw themselves as “thriving” financially, while the rest of the represented population said they are “struggling” or “suffering” in terms of economic security.” Thus my question.

  4. March 27, 2015 at 9:12 am
    andrew lim

    “Pessimists are usually right, and optimists are usually wrong, but all the great changes were accomplished by optimists.” -Thomas Friedman

    The Stuart Santiagos are probably “eternal pessimists”, but hey, nothing lasts forever. LOL

    • March 27, 2015 at 11:13 am

      if i were a pessimist, i wouldn’t bother to write, or blog, and have to deal with commenters who are eternal contrarians. LOL.

      • March 27, 2015 at 11:28 am
        andrew lim

        That’s consistent behavior for pessimists. Pessimists love to write, blog and deal with contrarians, because misery loves company. But I congratulate pessimists – they never get disappointed, since they see the worst all the time. LOL

        • March 27, 2015 at 11:33 am

          really? i hate dealing with contrarians, it’s such a chore. none so blind as those who do not care to see. LOL.

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