Web Analytics

4 thoughts on “The Filipino Savings Account: Carabaos, Cows & Chickens

  1. Dave,
    A couple of weeks ago an Uncle of Anne’s that she hadn’t seen in about 10 years passed away. You guessed it we had to end up paying for most of it which amounted to 32,000P of the 38,000P total cost. The silver lining is that Anne will get reimbursed since she is the beneficiary of his benefits. How long that will take, who knows? I don’t mind helping out in emergencies, but her family in Pampanga could have helped a little more. Anne sometime wishes she hadn’t gotten back in touch with her distant relatives.

    1. Dave, you said that you and Melinda had saved money for the barangay’s upcoming fiesta but donated the money for the funeral instead and advised all relatives that they should not stop by the house during fiesta time and expect to be fed. Did any relatives show up anyways during fiesta time, and what happened?

  2. Dave, you said that you don’t know who is going to pay for your mother-in-law’s funeral. I can tell you who people expect to pay for it.

  3. “But even though she is close to 80 years old, she’ll still probably outlive me so I’m not going to worry about it.”

    I am mot exactly sure why your comment made me laugh so hard…it just did. At least you have the right attitude…no wonder you have adjusted well to the Philippines. You are taking on their attitude also. I love it.

    I have heard many times that filipinos have their cows, pigs, and more as savings accounts, especially when the animal basically lives off the land and they do not have to do much to take care of it. It is actually a pretty smart deal as a savings account in the Philippines seems almost totally unknown to most filipinos…even if they had a bit of money to put into the account.

    The cows, the pigs, the whatever…it takes a bit more to get rid of them than just showing up at a bank and withdrawing money.

Leave a Reply

error: Content is protected !!