The survey results indicate that 55% of respondents in the Philippines report not having enough money to pay for food or basic necessities and 26% say that this is a regular occurrence. Estimates derived from the survey data indicate that about 23 million adults making financial decisions face this situation.
The majority identify lack of income as the main reason for running short of money for basic necessities. Among households earning less than 10,000 Pesos ($217), 62% report lack of income as the reason. Somewhat surprisingly, 64% among those with income of 50,000 Pesos ($1,086) or more also say that lack of income is the reason for not having enough money for basic necessities.