The challenge of saving money in the Philippines can be attributed to a combination of economic, cultural, and social factors. Limited access to financial education and services also plays a role, as many people lack the knowledge and resources to effectively manage their finances and save for long-term goals. Furthermore, the extended family system in the Philippines often leads to financial responsibilities for relatives, making it challenging to allocate resources for personal savings. Know more about Rampver Financials and how we can empower you for financial success: https://rampver.com/radio-inquire
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