The Filipino Mindset on Wealth: An Opinion


Muling Silang

Happy New Year!

I just want to make this first post one that really piques my interest. It’s about how most of us think about wealth.

No, I did not do a comprehensive survey on this topic. This is just based on my observation, which I believe you can verify via your own as well. Two recent events (one national, and one personal) have suddenly made me ponder on how we Filipinos think about wealth. Anyway, if I have the time and energy later on, I might do a full blown research on this.

The first event is when the grand jackpot prize of Philippine Lotto crossed the half-billion-peso mark. Suddenly, lines to buy a ticket grew astronomically.

Via: 4.bp.blogspot.com

From this event, we can see that there are literally throngs of Filipinos wanting to get wealthy. Who wouldn’t want that half-billion added to their asset? However, the method of…

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