The Bank of Mum & Dad
Friday, August 30, 2019
Piggy Bank
In effect, their newfound independence is an illusion - they are still dependent on the Bank of Mum and Dad.
Today we’ll share some tips and skills that you as a parent should start to introduce to your children in the safe environment of “Under your Wing”. That way they’ve got a more secure (and successful) future when they become independent as adults.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...