
“The best way to help the poor is not to become one of them” - Laing Hancock
Two weeks ago, the news that 80% of Filipinos don’t have a savings account caught my attention. The reason is that majority of Filipinos can’t afford the 5,000 peso maintaining balance of set by banks. Personally, if one would really want to open a savings account they’ll just need to find banks like BPI that offers as low as 1,000 pesos maintaining balance to...