MANILA - It is a frustrating fact that Filipinos have the wrong concept of debt or "utang."
When Filipinos are short of cash, their first instinct is to borrow money from friends or family. But it's also common for Filipinos to "forget" to pay back what they borrow.
Filipinos who lend money are often also reluctant to ask for payment because they are afraid this may offend their friends and family members.
But this unpaid debt also tends to become a problem later on, leading to mistrust or worse, a fight.
Here are three of the most effective ways of asking family and friends to pay back what they owe you without damaging your relationship with them.