Relationship Index

It’s interesting to note that the Philippines is second to Cambodia in terms of Relationship Index as per PRU LIFE UK’s research for 2017.
Cambodia and the Philippines are still considered developing economies. Though it may not be conclusive, I find having strong family ties is causing some families to think low about their future, after all being in the family home brings food and economic security altogether. We don’t dream of owning a house because we can live in our parents house. Why think of retirement when the simple lifestyle we got used to need not be changed? We don’t dream of flying outside the country because our parents never did anyway! If I don’t have rice today, how difficult can it be to get a 5/6 loan from a loan shark? Basic food is enough for us and we’re so used to this kind of meal—rice with tuyo, rice with pork oil and salt, rice and “lucky me” noodles, etc…
Today’s forum on Relationship Index made me appreciate more my decision to become a Pru Life UK’s financial advisor and a student of Registed Financial Planners (RFP). I see myself as having a big responsibilty in changing the course of the Filipino culture, albeit in my own little ways, that is, helping many to unlearn old thinking and learn new and modern theories and applications about personal finance; about how strong family ties can be an inspiration or motivation to work hard and not become a limiting or curtailing trait amongst a lot of us.
Filipinos being 2nd in strong family ties is a good thing. it’s never a bad thing. Us Financial Advisors just need to educate every family about planning properly for the future, about dreaming BIG and daring to achieve that Dream.
So when I ask you about protection, retirement, education, or investment, it’s not about me. It’s definitely about you. I’m only here to show you the way.

Author: pruactiveadvisor

I am a Financial Advisor affiliated with PruLife UK, in the Philippines. I can help you with your Traditional insurance and VUL needs. But more than that, I am very willing to discuss with you your financial status and how we can find ways to improve it. I have been a strong advocate of financial literacy and financial wellness since 2010, sharing information related to achieving ones financial goals. If you want to set up a meeting to discuss your current financial status and needs, reach out to me thru pruactiveadvisor@gmail.com

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