Filipino Families Need is 120,000 peso per month
The National Economic Development Authority (NEDA) have determined that a Filipino Family of Four needs 120,000 peso per month for a simple and comfortable life.
At the time of writing this, that would be equivalent to a monthly income, in other currencies of:
Type of Life Wanted
79.0% of Filipinos aspire for a simple and comfortable life (79%)
16.9% want an affluent life
3.9% aspire for the life of the rich
88% say it will be good for the country if citizens will stay in the Philippines instead of going abroad to work.
69% would choose a job at home instead of a job abroad if given a choice
In their words:
Vision of Filipinos for self: “In 2040, we will all enjoy a stable and comfortable lifestyle, secure in the knowledge that we have enough for our daily needs and unexpected expenses, that we can plan and prepare for our own and our children’s futures. Our families live together in a place of our own, yet we have the freedom to go where we desire, protected and enabled by a clean, efficient, and fair government.”
Most Filipinos expressed the need to eliminate corruption to achieve a better future.