Filipinos unable to track 42% of weekly expenses

Filipino consumers are unable to account for 42 percent of their average weekly expenses, financial services firm Visa said, underscoring the need for closer monitoring of budgets.

According to a regional survey carried out by international market research firm YouGov for Visa, Filipinos fork out an average of P2,416 per week but lose track of P1,010 due to “mystery spending.”