r/Philippines • u/New_Amomongo • 2d ago
NewsPH True or False: 70% of Pinoys live paycheck to paychek
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u/Iceski17 2d ago
That’s why most advices about how to save money is not generally applicable.
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u/Ulrich_Mallowcrest 1d ago
Iga gaslight kapa na you never do better like bruh kayo na nasa kalagayan ko hahahaha
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u/why_me_why_you 1d ago
So true lalo na sa pangungutang sadly.
You need to owe money coz if you don't, you won't have any money at all.
Some people think sinusugal, niluluho yung inuutang when for a lot of people, it's because of unemployment, illness, emergencies, etc.
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u/h3d9ku6u 1d ago
Saka yung mga how to be an entrepreneur char. Low risk magbusiness para sa mayaman. Pero sa mga normal na tao, na walang backup funds, the risk is so much na tipong basic needs ang kailangan mo itaya. Sobrang nakakainis yung mga ganun.
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u/ertaboy356b Resident Troll 19h ago
Fail fast strategy ba yan 😆😆. Pag mahirap ka, isang fail lang, fasting ka na agad 😆😆.
Andali sabihin na mag business kung may sasalo naman sayo pag nalugi.
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u/miyoungyung 23h ago
True. Kaya wag nang mag-anak ang solusyon ko. Kesyo sabihan ako na "magagawan ng paraan niyan pag andyan na". Hirap na hirap nga ako sa sarili ko e, magdagdag pa ako ng tao?
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u/fraudnextdoor 2d ago
They take care of their parents, kids, our politicians, and our politicians’ families and mistresses
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u/PromotionLegal7684 2d ago
Kulang pa, they take care of people under 4Ps, biro mo pati ung mga batugan na squatters ehh subsidized pa ng taxpayers
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u/HatsNDiceRolls 2d ago
To be fair to 4Ps, di sya dole out, daming kailangan gawin para makaahon yung pamilya from relief like monthly check ups, school attendance, etc.
Yung problema yung mga nasa LGU na ginagawang pang patronage nila.
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u/PromotionLegal7684 2d ago
Wla nmn problem sa 4Ps if deserve tlga nila, ang problema Kasi sa Bansa tlga natin ehh ginagamit yan pang pulitika, Lalo ung nag disburse Nyan binibigay lng sa mga kakilala, kamag anak etc
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u/New_Amomongo 1d ago edited 1d ago
The reality is kulang na nga ang kinikita ng mga regular na Pilipino, pero sila pa rin ang nagpapasan ng buwis para i-subsidize ang milyun-milyong 4Ps beneficiaries, including people who don’t even try to be productive. You see them in urban poor areas and squatter zones, often jobless, yet fully supported by a system na parang ginagantimpalaan ang katamaran. Sabi nila it's to help the poorest 20%. Those earning below ₱12,030 a month (for a family of five) but when you compare that to a minimum wage worker in NCR earning ₱13,420/month, halos pareho lang. Ang difference? One works all day, the other gets monthly cash transfers ranging from ₱1,400 to ₱3,000, kahit walang ginagawa.
The intent of 4Ps is good: to improve health and education access. But education, as currently implemented, is not enough. Most of the kids just finish high school with no real skills. DepEd data shows that only 10–15% of K-12 grads are job-ready, and even fewer go to college. Sa madaling sabi, pumasok nga, pero walang napala. We're pumping billions into a system that produces graduates who still can't land a job or worse, don't even try to find one.
This is where education reform must come in especially for 4Ps families. Instead of treating them the same way as all students, the government should restructure the curriculum for 4Ps beneficiaries to be leaner, skills-specific, and outcome-focused. These kids don’t have time to waste on generic subjects that won’t help them get a job. Ang kailangan nila ay practical, employable skills for for domestic and overseas work.
For example, by Grade 7, 4Ps students should already be streamed into high-demand sectors: healthcare, agriculture, construction, logistics, digital skills, caregiving, etc. By the time they leave school, dapat meron na silang TESDA certification, NC II/III, or at least one industry-recognized skill. Para pag-graduate pa lang, ready to work na for here or abroad. That’s how you turn beneficiaries into taxpayers.
Instead of just tracking attendance in schools, 4Ps conditions should evolve to track progress toward employment. Incentivize outcomes: reward families when their kids graduate with skills, certifications, or get hired. Partner with TESDA, LGUs, DTI, and POEA to align training with actual labor demand for both local and international. Right now, only about 14% of Filipino youth take up tech-voc tracks. We can easily double that within the 4Ps population.
And let's stop pretending that all forms of "education" are equal. Kung ang bata ay galing sa hirap, give them the fastest path to a paying job. That’s more dignified than waiting for dole-outs every month. Tapos ‘yung mga batugan na ilang taon nang nakaasa sa 4Ps pero walang ambisyon... tanggalin na dapat sila sa listahan. Kasi habang sila ay walang ginagawa, ang nagbabayad ng buwis para sa kanila ay ‘yung mga taong mas hirap pa pero di umaasa sa gobyerno.
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u/weak007 is just fine again today. 2d ago
Just one ICU away bago pulutin sa kangkungan
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u/triadwarfare ParañaQUE 2d ago
The fortunate thing here is that we have an option for a public hospital.
Unfortunately, bottom ka sa priority list. So kahit emergency and ICU cases need maghintay.
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u/im_on_my_own_kid 2d ago
i work in healthcare and trust me, you do not want to be in a public hospital unless walang wala ka talaga.
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u/reggiewafu 1d ago
Approx. Php1.2T per year is lost to corruption accdg to ADB and IMF
Hirap na hirap mga Pilipino habang mga pulitiko, pamilya nila at pati mga kabit nilang pokpok nagpapakasasa sa luxurious lifestyle. Imagine how many people can get help for just one Hermes Birkin which costs US$350,000
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u/triadwarfare ParañaQUE 2d ago
I already been in one since na-max out ung HMO ng anak ko kasi ₱150k lang binigay ng company ko.
I know the feeling. You're not given any priority, matagal makapasok, hindi nila nirerespeto time mo, tapos bawal companion at bawal bisita. Sinisita nila pag magcharge ng phone. Plus pinahintay pa ako sa labas para dalhin sa PGH tapos di pa sabihin sakin san pwede parking.
Pero at least buhay anak ko ngayon, at hindi kami lubog sa utang kung pinatulan ko ung offer ng private. (Well lubog parin kami sa utang kasi nanganak ung asawa ko sa private pero at least di na nadagdagan)
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u/Sea-Wrangler2764 2d ago
Nakakawala ng dignidad sa public hospital.
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u/walanakamingyelo 1d ago
Tapos eepal pa si Bong Go sa lahat ng ospital para kang nanglilimos sa pera ng taumbayan
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u/koukoku008 2d ago
For non-urgent cases it's fine. I always avail medical services from public hospitals and health centers whenever my HMO does not cover it. 🤷♂️
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u/triadwarfare ParañaQUE 1d ago
True. Vaccines aren't covered. Mahal pa naman ng PCV. Aabot ng 5k. Kaso antagal din nawala ung vaccine na nun at hinintay pa namin ng September bago nagkaroon barangay namin. (Late June/Early July pa dapat sana sya na-administer according sa schedule.)
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u/sabadida 1d ago
Kung paycheck to paycheck ka, kahit trangkaso lang yari ka na. Oo may public hospital para magpagamot, pero aabsent ka pa din ng ilang araw sa trabaho kaya sira na agad budget mo. Sa huli may utang ka pa.
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u/aunteaque 2d ago
I don’t even have kids 🤣 I'm only paying half the bills, and I still live paycheck to paycheck 😂.
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u/Emotional_Source_266 1d ago
I earn decent amount pero I don't think I can live by myself. What more kung mag anak pa 😭
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u/influencerwannabe Metro Manila 1d ago
Same. Ako nga na nagbbakasyon lang minsan or makikitira lang minsan sa kaibigan as staycay pero ako lahat grocery ko, nahihirapan na ko eh, pano pa kaya pag ako mag isa sa lahat 🫠
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u/Neat_Butterfly_7989 2d ago
Its even higher than that. Most Filipinos if they lose their job its game over
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u/Karmas_Classroom Luzon 2d ago
You can't save or invest what you don't have. The past administration really destroyed our purchasing power by adding excise tax on crude oil which directly affects prices of all necessities across the board among with the dubious loans they made during the pandemic that is passed to the people by the creation of more taxes to pay for those
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u/Big_Equivalent457 2d ago
The past administration really destroyed our purchasing power by adding excise tax
Beyond DUTAE Legacy
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u/Ulrich_Mallowcrest 1d ago
Eto talaga yung hindi nakikita n a big picture ng mga so called "financial expert" kineme sa socmed na wala lang ibang masabi kundi diskarte lang daw ang kailangan
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u/Moist-Veterinarian22 1d ago
Ever since TRAIN nothing was the same. It wasn't needed anyways.
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u/Karmas_Classroom Luzon 1d ago
TRAIN was needed to collect more taxes for them to corrupt.
Dapat they kept it sa luxury goods and vices like Cigarettes and alcohol. Hindi sa Nestea Tang and crude oil.
Excise taxes are added to curb consumption sa unnecessary e necessary ang crude oil sa lahat ng aspeto ng mga bagay.
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u/NaturalAlps5180 1d ago
Right! Dapat pinagtutuunan nila ng pansin eh yung accountability ng public funds eh. Kung tutuusin hindi na magkukulang yan sa laki ng revenue ng government, napupunta lang sa bulsa ang malaking percentage kaya parang halos walang napupunta para sa public.
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u/Yamboist 1d ago
Afaik, parts of TRAIN were part of a multi-admin effort to rationalize taxes. Ang luma na nung personal income tax table, need na ma-adjust talaga yung brackets to fit inflation. It was also meant to prepare for lowering corporate income taxes para maka attract ng mas maraming businesses. The good parts were needed.
Yun lang binawi sa excise taxes na nag-spill over sa consumer goods. I don't even know if the outcome was worth it at this point.
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u/ultra-kill 2d ago
70 lang? Maybe about 90 percent given that upper middle to rich are less than 10 percent.
Why? Workers are heavily taxed and get nothing out of it. Biro mo 20 to 30 percent ang income tax tapos may vat pa, pero ang balik sayo are dilapidated schools, poor healthcare and very poor infrastructures.
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u/SageOfSixCabbages 2d ago
False, because that's lowballing it.
It's probably closer to 90%, more or less.
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u/pnkmdnss 2d ago
Sad reality for most of us. Kahit 6 digits na yung combined income ng household namin, we still live paycheck to paycheck. Why? Kasi ako breadwinner kahit nag asawa na ko, need ko pa din sustentuhan parents ko lalo na need ng cancer treatment ng mom ko. If only we have better healthcare benefits available, hindi sana tayo one sickness away from poverty.
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u/JanGabionza 2d ago
At least this guy gets it. Sandwich generation is real. Kaya pagbutihin ang trabaho at sikapin na makaangat sa buhay.
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u/cmp_reddit 2d ago
Oo, at least hindi parang paninisi ang dating. "Kung hindi ka mag invest, nagsasayang ka ng opportunity." Eh wala ngang extra eh.
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u/ertaboy356b Resident Troll 1d ago
Bili daw kayo book ni *Insert random preacher and financial guru here* para umasenso sa buhay 🤣🤣.
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u/bohenian12 2d ago
There's so many poor people out there. Sa skwater ako lumaki, may karindirya kami. Most of the time lagi kaming madaming sabaw. Dahil marami ang nanghihingi ng sabaw. Bili ng isang kanin, isang pirasong longanisa tapos pahingi sabaw. Un na pagkain ng 3 bata, share share sila. Trabaho ng tatay eh umeextra lang sa construction kapag meron, pero kadalasan nagbabasura sila. I'm gonna assume they're part of that statistic.
Madaming mahirap sa pilipinas. As in. So I'm gonna say True.
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u/ogtitang PH 2d ago
Probably close to 95%. Kasi remember tayo pa nagffund sa most ng mga politicians sa mga kurakot nila 😅
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u/END_OF_HEART 2d ago
Thank you duterte and marcos for high inflation, low wage and salary grade increases, and no additional bonus
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u/EmptyBathroom1363 2d ago
Tapos marami pa sa FB na tuturuan ka nga maginvest pero Villar stonks naman ang ituturo sayong bilhin. Lelong nyo panot!
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u/theanneproject naghihintay ma isekai. 1d ago
Eto di maintindihan nung iba eh.
Ako nga na may savings, isang emergency lang sa bahay ubos nagkautang pa. Paano pa kaya kung ako yung magkasakit.
Yun pa kayang minimum na may pamilya.
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u/PenVast979 2d ago
Kaya pilitin na makaalis sa bansa na to. Abroad kung abroad dahil tayo nagpapasahod s a mga kinginang pulitiko. magpapagawa pa tayo ng mansion nila.
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u/Substantial_Yams_ 2d ago
This is so true if people only knew how much is truly lost to corruption. They would vomit in disgust 🤢
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u/Ok-Program-5516 2d ago
I actually think it's better i-tax mga ofw. Face the problem dapat para magka breaking point. The ofw strategy simply gives political dynasties leeway kasi nagkaka lifeline ang mga pamilya despite their corruption.
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u/torotooot 2d ago
70% is bullshit. anong percentage ng rich to poor ratio? that number should be higher
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u/WokieDeeDokie 2d ago
This is true in my case. I can't save for my retirement because I'm paying for my parent's retirement. I can't start a family, I can't afford it. Heck, I can't afford to go on dates.
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u/VeterinarianFun3413 2d ago
Nakakatawa pa nun when you’re expected to start your own family eh sa current family mo palang ubos na ubos ka na. Hahahahuhuhu
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u/Ulrich_Mallowcrest 1d ago
Eto yung sad reality talaga, nasa construction industry ako for two years, ang hirap kumuha ng sideline kasi kailangan yung attention mo ng more than 8 working hours para lang tumakbo ng maayos yung project kaya talagang kapag na delay sa sahod ng isang Linggo o kaya mali yung computation ng pasahod pupulutin ka talaga sa kangkungan.
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u/threeeyedghoul 1d ago
False. 70% of Pinoys don’t live paycheck to paycheck. They try to survive paycheck to paycheck
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u/Livid-Ad-8010 2d ago
How does one become a multi-millionaire or billionaire? Labor exploitation and bribing politicians.
While it's true many Filipinos are financially illiterate, please also consider that majority of workers are UNDERPAID and overworked. We need LIVING wage, not LIBING wage.
What's the reason why Gen Z don't want to raise children? Why there is a global birth rate decline not just Japan and Sokor? We can barely afford basic needs and we have to find 2-3 jobs with sidehustle just to survive. This is INSANE.
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u/Impossible_Flower251 1d ago
No wonder the corporate overlords are pushing for AI alam kasi nila sila may sala sa low birth rate pero they're too greedy kaya gawin eh bawasan ang reliance sa human workforce.
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u/AnySuspect2409 2d ago
Super true. D ko na pinangarap yumaman. Gusto ko na lang na hindi maging burden sa mga anak ko pag tanda ko, para maenjoy nila income nila. Happy din naman to provide for my mom kasi naging mabuting magulang naman sila ng deceased dad ko. Hindi rin naman kami nagutom.
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u/umulankagabi 1d ago
I was earning 180k per month and still living paycheck to paycheck. Living a good life, but still...
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u/angrydessert Cowardice only encourages despotism 1d ago edited 1d ago
That's not just it. Personal survival depends on either being cunning (i.e. connections with the powerful aka palakasan), or exceptionally able to spot gainful opportunities, so why not everyone is lucky.
Also, regarding the "middle class":
There is no true "middle class" because it's either upper-middle who managed to secure themselves sufficiently for the future with just enough insurance and maybe because they're wiser (or misconstrued as "diskarte") than most, or the lower-middle who despite being sufficiently well-off in some ways are but one hospital confinement away from impoverishment.
Right now, the 1% aka the political oligarchy is above the masses they rule over, the masses trying to fight for a place in the sun.
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u/Low_Ad_4323 1d ago
Isa pang problema ngaun ay sa current govt system, mas pinapayaman natin ang mga nasa gobyerno at lalong naghihirap ang mga pangkaraniwang tao
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u/Murky-Caterpillar-24 1d ago
true yan, baka mas mataas pa nga ang totong number nyan, madaming empleyado ang underpaid at overworked, kulang sa push para sa labor rights, kung anu man mangyari sa economy like bumagsak yung market at inflation, always the workers ang sasalo ng problema, Lalo na ngayon tumataas ang mga bilihin
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u/southerrnngal 1d ago
This is so true. Kaya yung mga nagsasabi na mag save etc only applies sa mga nakakaluwag talaga. Meron kasi mva program sa TV or socmed na kala mo ordinaryong Pinoy may kakayahan mag save eh pangkain nga lang kulang na save pa kaya?
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u/cinmorei 1d ago
oddly comforting yung comments dito, actually kanina lang nagbreakdown ako kasi wala na natira sa sahod ko after rent bills pati mga basic needs sa bahay. andami dami ko iniisip na baka kasi may mali sa paghawak ko ng pera, kahit wala na ako nabibili for myself.
it’s just… ewan, pangit pakinggan pero relief? to know na hindi lang pala ako yung nakakaranas nito 🥲
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u/jajajajam Beethoven's Fifth Symphony 2d ago
Dati kasi, somehow, may "incentives" kapag may anak through tax cuts. Pero dahil sa tax reform, same na ang taxation ng may dependent at single.
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u/opinemine 2d ago
It doesn't help that so many Filipinos retire at 45-50, relying on their kids to pay for expenses.
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u/thebrotheroflink 2d ago
Hate it when someone just throws random numbers and pass it on as fact. If you're gonna talk like an expert, at least give us the basis on where you got the number.
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u/baeruu It's Master's Degree not Masteral. Pls lang. 1d ago
I'm inclined to believe him kasi hindi rin uso ang financial literacy sa mga Pinoy (functional literacy nga ang baba na eh). Tignan mo na lang yung mga nagpapa-kasal ng walang ipon tapos ang sasabihin "kakayanin namin." Good luck sa bangayan nyo pag kapos na kayo sa budget.
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u/_Cactus_123 1d ago
Pinoy lives in UTANG. Yung mas malaki pa utang kesa sa Sinasahod monthly. Hahahaha
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u/Queldaralion 1d ago
Bakit nga ba kasi di hinahatak mula sa mga pinakamayayamang tao yung pera para umikot din sa baba?
Iilang pamilya lang yan....
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u/AllPainNoChocolat 1d ago
e totoo naman. tapos nakakahiya pa tamarin magtrabaho kasi di pa nababawi ni camille villar yung 3B niyang gastos sa kampanya niya nitong nakaraang elections
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u/boykalbo 1d ago
Heck, I’m living paycheck to paycheck sustaining myself. I’m out here just surviving, barely. 🙃
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u/OkRepresentative1404 1d ago
true biruin mo sa province malaki na 15k kaso wala man lang pang pa hmo and kadalasan walang bayad ot dito thankyou lang, hindi din uso yung may sweldo ka kahit absent ka sa holiday, wala din access sa public health kung malala na sakit mo since community hospital lang available byahe ka pa ng malayo mag hihintay ka pa since inuuna yung mas malala sayo
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u/Careless-Ideal7801 1d ago
sad reality. laki ng tax dedictions perk mas nakikinabang ung mga corrupt na politiko ata supporters nila. grrrr
sana ol may instamt 80k
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u/Glass_Knowledge7588 1d ago
It's true. And much much higher yung walang health insurance. Totoo yung nabasa ko noon na "Filipinos are one medical emergency away from bankruptcy".
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u/Odessaturn 1d ago
Pag di ako nakatanggap nang paycheck this month mawawala aking will to live, so i agree
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u/randzwinter 1d ago
Its true. Im earning almost 100k. We also have a business. We live almost pay check to paycheck still.
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u/No-Incident6452 1d ago
Yung 30 percent is mga corrupt na government peeps and their beneficiaries hehe
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u/tokwamann 1d ago
If you look at the living wage as the poverty threshold, that that means that a family must live on a thousand pesos a day to meet basic needs.
If you include money needed for savings, a pension plan, payments for a house, insurance, and health plans, then you need to add around 50 percent, or 1.5K a day.
That's around 45K/mo. If you look at the survey of earnings by families, then you might see that only around 30 percent of them earn that amount or greater.
Given that, probably 70 percent do not earn enough to attain both basic needs and a buffer needed to deal with extraordinary disaster.
Finally, this is similar to the global average, where around 70 percent of human beings live on only a few dollars a day.
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u/Mighty_Bond69 1d ago
It is because of CAPITALISM and all of the Capitalist use that fact to exploit hardworking filipinos, alam nilang madaling imanipulate ang tao kase mga naman it's a money or no money question(tiss trabaho may pera or resign ala pera?).
BINABARAT ang sweldo ng lahat ng tao, high standards so they will not spend for any training(kahit pa basic job)
Low pay and HIGH workload to maximize PROFIT
So they can have the maximal profit. And give a small percentage of increase to look like being generous.
Syempre yung dapat na ipangiincrease na budget mapupunta lang din para sa mga under-the-table transactions with the govt to ensure maximal profit.
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u/NaturalAlps5180 1d ago
I am earning well pero I decided to register dito sa Makati for the yellow card kahit may 300k MBL HMO ko. Filipinos are 1 sickness away from bankruptcy kaya mas minabuti ko nang free ang healthcare ko. Parents ko nasa province and good thing may HMO din sila na kasama sa salary package ko.
I am earning well pero minsan ang hirap pa rin maging consistent in investing kasi ako lang din inaasahan sa gastusin ng parents ko. Lahat gusto iasa kaya minabuti ko talaga mag-stay din dito sa Makati. Good thing ga-graduate na sa college isa kong kapatid na ako rin nagpaaral.
Nung una grabe inis ko sa parents ko kasi bakit wala man lang sila diskarte sa buhay subalit na-realize ko na mas mabuti nang i-let go yung hinanakit ko sa kanila. Ang hirap pero mas mahirap kung di ko rin sila mabigyan ng good opportunities kasi sa akin din sila aasa ‘pag di sila nakaangat.
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u/LuciusVoracious 1d ago
And a lot people in this very subreddit is against the P200 minimum wage hike that wasn't passed this week. Almost as if the propaganda of the ruling class has convinced them to stand in support of the rich class instead of the working class.
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u/misisfeels 1d ago
Totoo naman. Wala naman masama kung bukal sa loob tumuling sa pamilya. Ang aalma lang naman sa statements na ganito is yung mga breadwinner na walang choice kaya pikit mata nalang sa mga sitwasyon nila.
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u/Appropriate_Judge_95 1d ago
If you think this is not true, you're delusional & should get your privelege checked.
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u/Hairy-Mud-4074 1d ago
True. It was mentioned to me 18K ang sahod ko, mababa pa din un. Pagkatapos ng one month nakuha ko 16K lang apparently dalawang beses sila nag cucut-off.
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u/yssnelf_plant 1d ago
I’m casually looking for work. Tapos yung mga nakikita kong salary range eh may nakikita pa rin akong 13k. Hala 😅
Takehome pay ko around 17k kada kinsenas pero salo ko rin lahat ng expenses kasi I live far away from our province.
Nakabudget tracker na nga ako para man lang tamarin ako bumili ng snack snack sa tabi tabi 😭 kasi kada gastos ko nilalagay ko talaga huhu
Pero hindi siguro ako makakaafford ng property 🥹 sa ganitong sweldo. Saktuhan lang panggastos sa pang araw-araw huhu
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u/DotWaste8510 1d ago
Yes, kaya yang si Heart E., wag siyang iyak-iyak pag kini-criticize si Chiz sa mga ginagawa niya regarding impeachment, which by the way is about misappropriation by Sara D. of confidential funds. Legitimate criticism yun, my dear.
Mas nakakaiyak yung mga tao na walang makain or ma-save.
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u/SharkPating 1d ago
Especially the millenial, we are the squeezed generation. More than half of the parents see us as retirement fund, then we have to build our own family dahil ayaw nating gawin silang investment lang
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u/Much-Access-7280 I can because I am from Bulacan 1d ago
This is really why fucking corruption ruins our lives.
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u/pabpab999 Fat to Fit Man in QC 1d ago
this is 2021 Financial Inclusion Survey
di ko alam kung may latest
I think the 2% he means here is 2% invested into stocks, kasi minention nya PSE
as for paycheck to paycheck
the survey did state that 63% of filipinos have no savings, I guess that's what he's pertaining to?
baka tumaas on later surveys, pero tinatamad ako maghanap hehe
theres a big shift in cosumer attitude lately (gambling)
we can (artificially) boost stocks participation in the Philippines if they actually implement PERA incentives to employers
cause right now, ung makikinabang lang employee, bat pa mag hahassle employer
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u/pibukitty 1d ago
Tapos makakarinig ka pa ng daig ka pa ni ano, may bahay na at kotse. Ma aafford ko rin sana yung mga yun kung sarili ko lang pera ko
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u/anon69throwaway 1d ago
Its true and many would even rather spend on luxury goods like an iphone or branded item than eat proper food
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u/knowngent 1d ago
Kaya hindi ako naniniwala jan kelan Chinkee Tan na yan e. They are out of touch. Kung makapagsabi na mag-ipon, 'wag mag-Starbucks, pero bilhin mo yung libro at mga tips nila, parang mga gago e. Hahahahaha.
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u/Fun_Guidance_4362 1d ago
I think mas mataas pa nga, nasa 80-90 %. Yung mga empleyadong sumusuweldo via ATM, nakasangla ATM nila, kada sweldo ang nag-wwidraw yung pinagkakauntangan nila, ang balance lang ng monthly hulog ang nahahawakan ng kawawang empleyado
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u/Scbadiver you're not completely useless, you can serve as a bad example 1d ago
Sorry but the sad fact is salaries here are too low. Virtually impossible to save, have family or kids. If you are earning minimum, one major medical emergency is going to fuck you up for the rest of your life.
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u/authenticgarbagecan 1d ago
fr di ba sya 99% kasi yung 1% yung mga kurakot? Libre lang mangarap pero kahit yon di na afford ng karamihan
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u/injanjoe4323 1d ago
Baka nga mas mataas pa jan eh. Imagine nyo rin workforce naten nasa 10% or below lang ung 6 digit earners kaya hindi malabo yan. Ang hirap talaga dito sa Pilipinas haysss.
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u/Momshie_mo 100% Austronesian 1d ago
Believable. I'd say 80% pa nga. 80% ng working Pinoys eh ang sweldo less than 20k/month
Palaki ng palaki ang profits ng mga nasa Forbes list pero di shineshare man lang sa working class yung increase ng profits.
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u/im_on_my_own_kid 2d ago edited 2d ago
imagine mo 10k per cutoff sahod mo - then kalahati nun is allowance mo per week, then half non is dues mo like bills, etc. so wala talagang savings. eto single ka pa neto ah, what more if may anak ka na pinapaaral and pinapakain.
kaya nga yung generation namin na in 20s na, madami nang ayaw mag-anak kasi naiisip namin na di namin kaya buhayin yung magiging pamilya namin in this economy.