Pinoys prioritizing financial resilience

Nov 24, 2023 12:42 am

FILIPINOS have become more cautious given challenging economic conditions, the local unit of an American consumer credit reporting firm said on Thursday.

'Despite 80 percent of Filipinos expecting income growth in the next 12 months, 51 percent are saving more for emergency funds and 34 percent are paying debts faster in face of economic pressures,' TransUnion Philippines said in a statement announcing the results of a fourth-quarter survey.

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