.jpg)
Every day is a chance to make better choices and one of the areas of our lives that would greatly benefit from a determination to improve and make smarter decisions on would be on finances. The less financial stress to deal with, the better life becomes. The more one gets to take care of financial wellness means greater chances of financial freedom.
According to the 2023 Financial Readiness Survey of major life insurance firm Sun Life Grepa Financial, Inc. (Sun Life Grepa), Filipinos have a clear sense of financial priorities but lack financial preparedness when it comes to securing protection instruments to achieve goals and address needs. Only less than 10% of the respondents claim full financial preparedness. Those who are fully or somewhat prepared when it comes to having emergency funds are at 34%, 32% are prepared for major goals, 32% readiness for personal health and 30% for investments.
