POV: You're Broke but Trying to Save Money (ft: Coach Lester Reyes)

Description

Are Filipinos financially literate? Are you? What about our POV trio, Inka Magnaye, Aryn Cristobal, and Atty. Anselmo? Let’s all find out on this episode of the POV Podcast, where we dive into the world of money and “how your money works for you” with Mr. Lester Reyes, a professional financial coach and expert on managing money. Let’s talk about FINANCIAL LITERACY, mga VOP! SUBSCRIBE! https://www.youtube.com/@muentertainmentph 00:00:00 | S01E12 Highlights 00:02:44 | BSP Financial Survey 00:04:30 | Atty. Anselmo Gets Married! 00:09:10 | 13th Month Pay and Bonuses 00:11:53 | Inka and Atty. Anselmo’s Financial Struggles 00:13:53 | Financial Literacy and Financial Freedom 00:15:30 | Aryn’s Diverse Literacy on Finance 00:18:46 | BSP Financial Survey Part 2: Filipino’s Financial Literacy 00:19:25 | Coach Lester Reyes Shares his POV! 00:22:00 | Where should you start to be Financially Literate? 00:25:12 | POV trio and Filipinos on Budgeting 00:34:15 | HOW MUCH should you increase your income? 00:36:30 | What is a Financial Coach? 00:36:50 | HOW can you increase your income? 00:42:00 | Unhealthy Spending Habits 00:48:18 | Healthy Spending Habits 00:49:24 | Are Credit Cards Good? 00:49:54 | Being forced to borrow money 00:51:30 | Good Debt and Bad Debt 00:52:57 | Inka’s Financial Habits 00:54:40 | Atty. Anselmo’s Financial Habits 00:55:20 | Good Debt and Bad Debt Part Two 00:58:02 | Are Credit Cards Good? Part Two 01:00:27 | Investing for Beginners 01:02:50 | Protecting your income and Health Insurance 01:03:24 | Aryn’s Spit Member Health Story 01:05:20 | Investment Risks, Similarities to Gambling 01:06:34 | What’s Bitcoin? 01:08:53 | How do you Avoid Scams? 01:10:54 | Realistic vs Fishy Investment Percentages 01:13:33 | POV Trio Rate their Financial Literacy and Habits 01:14:35 | Coach Lester’s Final Tip, Exploring Good Debt Most of our financial literacy statistics came from the 2021 Financial Inclusion Survey made by the Bangko Sentral ng Pilipinas!: https://www.bsp.gov.ph/Inclusive%20Finance/Financial%20Inclusion%2