I attended a seminar and my seat mate asked me that question. I was about to answer him, but the seminar resumed from break.
I rarely received questions regarding investing. Why? Because based on the data, only less than 1% of the Filipino population actually invest in stocks, mutual funds, etc. Majority of Filipinos place their money in bank deposits, which earn a measly 0.375% per year.
Have you heard this line? Maybe from your friend or colleague saying "if they only have the opportunity to work abroad and be an OFW, for sure their lives will change and they'll be rich?"
I’ve met people who earn P100,000 , P200,000+ or more a month —and they spend everything. (Yes, those earnings are chicken feet if you are an OFW)