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bigdude

Filipinos and saving money for retirement

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The Filipinos do have a culture of dependency upon the children to support them when older.

LOL that is why they say philipines biggest export is filipinos lol :) The chief source of money coming into the philippines has and probly always will be the money sent in from filipinos living abroad to thier families. I mean i send my wife money every month or so and she in turn takes her wages from her job and gives it to her family and uses the money i send her.

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Also on the birth control issue. They are not taught about birth control in normal curriculm like they teach us americans in grade school it gets earlier and earlier lol. There it is not a common practice which i beleive is due to the catholic influence as well as funding issues. So most of the teenagers or young adults early 20's who do not get married or do not go to college only get hear-say and there are a lot of myths as we all know....mr. pull out. I know me and my wife had to attend a seminar before we got married over contraceptives and birth control. And for a few in teh class it was the first time they had a class on it. Not to mention contraceptives are just that expensive. I think a pack of condoms was 20 or more pesos which if you have to worry about that or some rice for dinner that night pretty sure the rice wins. And the pills are even more expensive. Yaz goes for 700 pesos or more most cannot save that much and it isn't like they have a government program that buys it for them like here.

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