Financial confidence growing in PHL but savings still low

THE feeling of financial security and confidence in the short term is growing, though long-term confidence is weaker, according to the findings ofa survey by Sun Life of Canada, Inc.

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“These findings highlight both the resilience and the vulnerability of F

We are encouraged by the growing financial confidence and commitment to saving, but it’s clear that more support is needed to help families plan for the long term. Sun Life remains committed to empowering Filipinos through financial education, innovative products, and community engagement,” Sun Life Philippines Chief Executive Officer and Country Head Benedict C. Sison said ina statement.

Sun Life surveyed 1,000 respondents from the Philippines between April and May 2025.

Some 66% said they were confident in their ability to manage month-to-month finances, up from 57% a year earlier.