Only 3 in 10 Filipinos feel financially confident, FWD study finds

Nearly seven in 10 are anxious about money as rising costs, healthcare, retirement, and family responsibilities put pressure on household finances.

Nearly seven in 10 Filipinos are anxious about money, while only three in 10 feel confident in their ability to handle financial setbacks, according to insurance firm FWD Philippines’ Filipino Financial Confidence Report 2026.

The pressure goes beyond rising prices. Many households are trying to build emergency savings, prepare for retirement, pay for healthcare, and secure their children’s future while supporting more than one generation of the family.

Based on a nationwide survey of 1,050 middle-class Filipinos, the report also found that financial challenges look different across age groups. Gen X worries about protecting retirement savings, Millennials are balancing the needs of both parents and children, while Gen Z is trying to build financial independence amid inflation and an uncertain job market.

The findings suggest that getting through today’s financial challenges takes more than resilience. Long-term financial security depends on having a safety net through savings, insurance, investments, and retirement planning instead of relying on the ability to recover after every setback.

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