Why our neighbors are richer than us

Question: Why are the citizens of our Asian neighbors much richer than us Filipinos?—Name withheld by request Answer: This is a question that ‘hits the spot,’ as the saying goes. I just read an article stating that Singapore has the highest concentration of millionaires in the world with 16 percent of its households having at … Continue reading Why our neighbors are richer than us

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Hyperinflation anyone?

The rising cost of goods and services have been a big concern to us Filipinos for many months now. Official numbers puts inflation at around 4% but it seems that the rising prices goes beyond the official numbers. Generally, the barometer to measure inflation is the Consumer Price Index of the CPI. An earlier 3 … Continue reading Hyperinflation anyone?

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Coping with the rising cost of education

QUESTION: What is the best way to properly prepare for our child’s college education?—Question asked via Twitter Answer: Oh wow, answering this particular question really hits close to home for me. As I write this column, I just issued a check for the enrollment of my children in college. Providing for the education of our children … Continue reading Coping with the rising cost of education

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