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10 Toxic Filipino Money Beliefs

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Content provided by Rampver Financials. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rampver Financials or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Toxic Filipino money beliefs encompass a range of detrimental attitudes and superstitions prevalent in the culture, often hindering financial progress and perpetuating poverty cycles. One such belief is the notion of "bahala na," which translates to "come what may." This fatalistic approach to life discourages proactive financial planning and encourages a passive acceptance of one's financial situation. Additionally, there's a common belief in the concept of "utang na loob," which means a debt of gratitude.

While gratitude is important, this belief sometimes leads individuals to lend money to others even when they cannot afford to do so, causing financial strain. Moreover, the stigma around discussing money openly hampers financial education and prevents constructive conversations about budgeting, investing, and wealth creation. These toxic money beliefs continue to impede the overall financial well-being of many Filipinos, perpetuating a cycle of financial insecurity and limiting economic growth.

Know more about Rampver Financials and how we can empower you for financial success: ⁠⁠⁠https://rampver.com/radio-inquire

  continue reading

130 episodes

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10 Toxic Filipino Money Beliefs

Rampver Radio

1,065 subscribers

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Manage episode 413865642 series 2128035
Content provided by Rampver Financials. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rampver Financials or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Toxic Filipino money beliefs encompass a range of detrimental attitudes and superstitions prevalent in the culture, often hindering financial progress and perpetuating poverty cycles. One such belief is the notion of "bahala na," which translates to "come what may." This fatalistic approach to life discourages proactive financial planning and encourages a passive acceptance of one's financial situation. Additionally, there's a common belief in the concept of "utang na loob," which means a debt of gratitude.

While gratitude is important, this belief sometimes leads individuals to lend money to others even when they cannot afford to do so, causing financial strain. Moreover, the stigma around discussing money openly hampers financial education and prevents constructive conversations about budgeting, investing, and wealth creation. These toxic money beliefs continue to impede the overall financial well-being of many Filipinos, perpetuating a cycle of financial insecurity and limiting economic growth.

Know more about Rampver Financials and how we can empower you for financial success: ⁠⁠⁠https://rampver.com/radio-inquire

  continue reading

130 episodes

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