Why Financial Literacy Is Not Enough To Help The Poor

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Uplifting the lives of the less privileged takes more than just teaching them how to save, budget, and invest. But it is still an essential part of the process.
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Опубликовано:

19 сен 2024

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Комментарии : 19

@alvingomez8932 2 дня назад

Financial literacy for those who already have money, but what poor people truly need is the knowledge and skills to generate wealth in the first place.

@gilbertalconera5635 День назад

solusyon wag muna mag anak sa murang edad

@buzzcodez День назад

legit din talaga yung madalas sabihin ng mga masusungit na matanda, na maraming tamad sa pinas. galing ako sa hirap, naubos ngipin ko sa harapang part dahil wala man lang pampabunot na 100 pesos sa clinic. ngayon i earn 6 digits na. everyday pwede ka swertehin at mabigyan ng break. Pero marami kasing tamad, kaya di sila ready sa panahon na kumatok sa kanila ang swerte.

@individual1199 День назад

Listening by my headset while working and until the end. Tama po kayo Hindi ka talaga Onesided ang mga video mga Sir. Ang Galing Ng pagka explanation mo Sir. ❤❤

@gilean6179 18 часов назад

That is what our professor in surgery told us years ago….Nothing to be ashamed of being born poor; but to die poor is something else. Thank you for this video.

@maynnemillares 2 дня назад

I have 0 privilege. Nakatira ang family ko sa slum area sa mandaluyong nung 80s, 90s hanggang 9 years ago lang. Wala akong inheritance lol. Pero I'm a self made millionaire today. Financial literacy is important. That user was speaking in general, everytime you speak in general term - usually mali. There is no absolute in the world. The world is not divided into black & white, napakarami ang shades of gray.

@kirk_noviç 9 часов назад

Hi sir, I'm poor but thankfully I have 3 credit line on major banks. I think poor but financially literate people should penetrate the banking sector to gain their trust and will eventually give you credit line which you can use for business.

@tangosaturday1106 2 дня назад

Galing po! Dami ko natutunan.

@RickSancheeze 2 дня назад

wow. underrated channel! new subscriber po. More content like this pa po. 🎉

@sale8085 2 дня назад

You can't save yourself out of poverty. The mindset should be - make more money, plain and simple

@peakkopi9411 День назад

I believe if ang isang mahirap nagdesire (ng totoo at malakas) to get of poverty..ang kaalaman punta financial freedom.. Kaya talaga.. Mahirap pwede di imposible.

@josemarinazarenevista7043 16 часов назад

Hot take: do not get into debt, majority of Filipino doesnt have the capacity to be in debt especially with the high interest rate. at wag na wag magpa dala sa mga "free money" from credit cards. they wont give you free money. sila ang leading industry sa mudo for decades, di nyo matatalo ang banks. as an accountant, Businesses lang ang mag bebenefit sa credit card and loans. Dave ramsey's strategy is flawed yet effective, wag nyong hanapan ng mali kasi di ka naman makikinig sa kanya kung di ka pumalpak sa financial journey.

@qs613 День назад

Laruin mo lng sistema s pinas di ka mamroblema s pera...

@jeraldaguirre7981 День назад

natawa ako sa video na to.. Financial literacy is the art of making, saving and multiplying money.. hindi ibig sabihin na pag marunong ka magbudget ng 500 to 1k per week eh financially literate kana.. 😂😂😂

@gilbertalconera5635 День назад

poor people dont know how to budget, kung di na mag kakasya mangungutang mga yan.

@hanazawarui-jb9ic День назад

sir pa advice. nag invest ako sa ALFM multi asset, at target ko makakuha ng 500php dividends per month. goods po ba yun? sabi kasi nila, ang manager lang ang masaya jan, dahil sa fee. tsaka hindi daw sure ang growth. 🤔 nag invest din ako sa ibang stocks, pero dito ata ako naparami.

@jareddailo486 День назад

Yes goods yun since naginvest ka na. Yung mga fund manager sila yung magmanage ng mutual funds, yes may fee sila kasi ginagawa nila yung research and trading na supposed to be ikaw ang gumagawa. Take note wla nman investment na 100% sure ang growth, kung meron edi lahat tayo mayaman na.

@ReadyToBeRichYT День назад

Assuming na 4% per annum ang dividend rate ng fund, you need to invest P240,000 para may P500 per month ka na dividend. The dividend rate changes and the unit value also changes. Nothing is guaranteed but the fund manager's fee goes up if the fund makes money, so there is motivation to manage the fund well and make it grow. The ALFM multi asset has 1.5% fee, so sa 4% na kinita mo, ang reality 2.5% lang ang naging returns mo. Hindi na rin masama. If you can find a fund that gives higher dividends, it's okay to shift your money there. One suggestion is Pag-IBIG MP2 that's been giving around 6% dividends. Meanwhile, may transaction fees din ang stocks (both when you buy and when you sell). Make sure to keep this in mind also. For cash flow, look into dividend-paying stocks like REITS and preferred shares.