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When can you save for rainy days? Not when the rainy day is here.

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When can you save for rainy days? Not when the rainy day is here.

You save when times are good. You can never save enough because you don’t know how long a rainy day can last.

When times are good, it is tempting to dip into the coffers and enjoy. But it is unwise.

Think of the future and your children’s future.

We must always be able to focus our eyes on the present while also keeping them on the horizon.

Populism will lead you down the road to ruin. As the saying goes, the road to hell is paved with good intentions.

In Philippine, President Rodrigo Duterte said government has run out of funds to provide aid for people.

Doctors would want a lockdown to remain to prevent the further spread of the disease. But then many people would want to get back to work, said Mr Duterte.

But the problem is that the funds given by Congress have already run out, Duterte said as he stressed the importance of letting Filipinos return to their jobs to feed their families.

“We are doing our very best and (we have the) localized lockdown. I’m sorry Manila. Ngayon you may say, ‘Place Manila under lockdown, also other places, the entire Philippines so nobody would catch the virus.’ The problem is we no longer have money,” Duterte said in a televised address on Sunday.

“I cannot give food anymore and money to people. So I have to… So that’s modified (enhanced community quarantine) especially for critical industries. Food, number one, medicines…First, they have nothing to eat. Only a few people have savings good for…a rainy day? Well our savings is just good for a drizzle,” he added.

Reference: https://www.straitstimes.com/asia/se-asia/duterte-says-sorry-restores-quarantine-restrictions-around-manila-as-cases-soar

 

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