Filipinos have low Financial IQ - 2008 Study

"Based on the Fin-Q results, only one out of 10 Filipino respondents is consciously saving up for this retirement. The rest have some savings but don't know if it will be enough. Others have no idea at all how much they need or have not started planning," said Agustin Davalos, Citibank Philippines' retail bank director.
"If they lost their jobs tomorrow, or suddenly fall ill and cannot work, their savings would last only for nine weeks (about two months) before they run out of money," Davalos said.

 Article: Filipinos have low financial IQ, says bank - Philippine Daily Inquirer

Step 2. Establish Goals:

Establish S.M.A.R.T Goals for your Dreams and Ambitions.
Refer to this link for the discussion on Goal Setting.

"A dream is just a dream. A goal is a dream with a plan and a deadline." - Harvey Mackay
"The trouble with not having a goal is that you can spend your life running up and down the field and never score." - Bill Copeland