Shaun T. Dy's Business & Economics Perspective Blog

There's always that irritating habit among Filipinos called the mañana habit. It's typical to think about how events tend to start one hour late, people who always show up late for work, and you know the drill. As Christmas draws near, I can expect heavy traffic from last-minute shoppers. There can be various reasons why there's no money for Christmas. Be it the payday blowout problem (read here ) or there are various other dumb ways to drain the salary (read here ). I would also like to blame the incredibly bad habit of procrastination on paying bills. I don't care what the reasons are but procrastination keeps people poor. Sure, it's typical for teenagers to procrastinate but shouldn't that be outgrown as an adult?  Some people procrastinate to pay bills because they're reluctant to part with their money Some people can be so stingy it's borderline unreasonable (read here ). A thrifty person spends money wisely. Stingy people are  very reluctant to par

IBON Foundation Yesterday, I decided to write about how Pinoy Pride won't help pay that enormous PHP 13.42 Trillion debt . I thought I'd probably take a bit of a break to do some more research. However, I feel the need to write this post today since one of IBON Foundation's articles says that there's a destructive fetish for foreign investment . Then, another of IBON Foundation's articles says that there's money for Ayuda . I really feel insulted reading these since I'm a Masters Degree graduate in the School of Business and Economics. This really shows the destructive obsession with ayuda (cash handouts) and protectionism. IBON Foundation Above is one of IBON Foundation's charts. Some people on Facebook have gone as far as to call them Birdbrain Foundation. So what if there's money for ayuda or cash handouts? The problem here is that "think tanks" like IBON Foundation want to make it look like ayuda is more important. If asked to account