Wealth Management and the Economy

Several studies and surveys conducted has already established the direct connection between the wealth management skills of a country's population to the economic strength and wealth of the country:

The better the money management and wealth building skills of the people as a whole, the better is the status and strength of the country's economy.

Sad to see yet another study confirm the poor training in wealth building our Filipino kids are getting especially since we call them the future builders of our nation.

Maybe this news article will motivate us to teach our future nation builders to not just spend, spend, spend, but also to save, invest, and build.

Filipino kids lack money management skills -- study
BY DIANE CLAIRE J. JIAO, Reporter

HONG KONG -- Almost all Filipino children have regular access to cash, but they still do not understand key money concepts, such as earning, saving and spending, and the impact these have on their lives, a study showed.
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Filipino kids lack money management skills - study