It would seem to me that Filipinos these days have improved economic capacity, i.e. more call centers means more jobs, more OFWs means more remittances. Unfortunately, their financial literacy has not risen enough to allow them to make better purchasing decisions hence Filipinos continue to be One-Day Millionaires.
“ I just got my salary a week ago, and now I’m broke?”
“Relatives to OFW – We need money. The money you sent last week is not enough! We will starve if you don’t send.”
The big WHY? We collected here the top ten (10) reasons…
Out of town
Filipinos love going out of town, doesn’t matter if there is an occasion or none. They don’t care how much it will cost as long as they can get out of their “daily routine.”
With more and more international brands opening up stores in the Philippines – Uniqlo, Forever 21, H&M – Filipinos have flocked to these stores in droves on buying sprees. Some even come from as far as north and south of the country just to shop at these stores.