Investing Vs. Spending: Know the Difference to Help You Grow Your Money #infographic

Investing Vs. Spending: Know the Difference to Help You Grow Your Money #infographic

Many Filipinos find the term "investing" a little overwhelming. No wonder, since it does mean having to spend your money, but if invested in the right assets, it may be well-spent money.

The question is why are Filipinos not investing?

Not all Filipinos, the thing is, are hanging below the poverty line. Attitude and conduct," Rex Mendoza, a leading investment expert and president of Rampver Financials, said when asked about why they think Filipinos don't invest." For Filipinos, delayed gratification isn't easy. Many of us work in the moment."

It is ringing true. Many Filipinos can afford to shop for the latest fashion trends or gadgets, purchase a new car, or stay up to midnight to book cheap flights in various parts of the country and even abroad, as you can see on social media. Both of these offer immediate gratification. It goes to show that a lot of Filipinos have the money to expand, but not all of them spend it wisely or put it into different investment vehicles.

investing-vs-spending-know-the-difference-to-help-you-grow-your-money-infographic

Infographic by: www.bpi-philam.com


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