Push Admin

Understanding 'Paluwagan' in the Philippines

Article (news)

MoneyMax.ph

<p>MANILA -- Not sure whether to accept or decline a friend’s invitation to join a &quot;paluwagan&quot;? Like anything that involves money, it’s something you must consider carefully.</p><p>Understand its mechanics, as well as pros and cons, before engaging in it. Here’s everything you need to know about the &quot;paluwagan&quot; system.</p><p>For more finance tips, visit <a href="https://www.moneymax.ph/" target="_blank">MoneyMax.ph</a>.</p><div class="media-content"><div class="slider-for"><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2018/business/10/08/moneymaxph_understandingpaluwagan_1.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2018/business/10/08/moneymaxph_understandingpaluwagan_2.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2018/business/10/08/moneymaxph_understandingpaluwagan_3.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2018/business/10/08/moneymaxph_understandingpaluwagan_4.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2018/business/10/08/moneymaxph_understandingpaluwagan_5.jpg"/></div></div><div class="slider-desc"><div class="item-desc"><div><cite>MoneyMax.ph</cite></div></div><div class="item-desc"><div><cite>MoneyMax.ph</cite></div></div><div class="item-desc"><div><cite>MoneyMax.ph</cite></div></div><div class="item-desc"><div><cite>MoneyMax.ph</cite></div></div><div class="item-desc"><div><cite>MoneyMax.ph</cite></div></div></div></div>

<p>Understand its mechanics, as well as pros and cons, before engaging in it.</p>