Only Ready for Up to PHP 50K: The State of Filipino Preparedness

According to the PURPLE Report, a study commissioned by fast-rising insurance company EastWest Ageas to global leader in consumer intelligence NielsenIQ, most Filipinos only have P50,000 in emergency funds. In fact, only 2 out of 10 Filipinos have emergency funds that can last over three months, and even less with P100,000 saved.