Posts tagged ‘OFW’

Handling Finances as an OFW

Published: March 19, 2018 | Guest Posts, Personal Finance | 1 Comment

One common impression about Filipinos working abroad is they earn more compared to what they could earn in the Philippines. However, how many of them do you think are able to spend responsibly? Most often, only a few. We’ve heard all those sad stories, whether on the news or even from a close friend or […]

Tags: , , , , ,

8 Smart Money Spending Tips for OFWs During Christmas

Published: December 5, 2017 | Money Saving Tips, Personal Finance | No Comments

Christmas is a time for family. And for most Overseas Filipino Workers, it is their once-a-year chance to go home and spend quality time with their loved ones. Unfortunately, coming home for Christmas usually results to overspending for OFWs. However, the good news is that it doesn’t have to be that way. Below are eight […]

Tags: , , , , , ,

6 Ways that an OFW Can Invest in the Philippines

Updated: August 4, 2018 | Investing | 1 Comment

Where can an Overseas Filipino Worker (OFW) invest in the Philippines? What are the best investment opportunities available for Pinoys working abroad? There are currently more than 1.8 million OFWs who sends around 800 Billion Pesos every year to the Philippines. How is all this money spent? Most go to living expenses — theirs and […]

Tags: , , , , ,

50 Pieces of Advice For My Soon-To-Be OFW Friend

Updated: October 18, 2017 | Personal Finance | 17 Comments

First of all, congratulations on your new job, and that fat paycheck that comes along with it. But before you leave the country, and make your millions abroad as an OFW, please bring with you these 50 pieces of advice. Some of them you’ll recognize from our talk over coffee yesterday, but a good number […]

Tags: , ,

Philippine Financial Literacy Advocacy Report 2013

Updated: September 21, 2013 | General Information | 2 Comments

Back in 2008, I published a special research on The State of Financial Literacy in the Philippines. Five years later, let’s take a look at what has changed since then. Below, I’ve embedded the Financial Literacy Advocacy Report (FLARe) of Sun Life Philippines when they did the Study of Lifestyles, Attitudes, and Relationships (SOLAR). And […]

Tags: , , , , ,

Money Lessons Learned by an OFW’s Wife

Updated: June 30, 2018 | Reader Mail | 14 Comments

I’m sharing with you today an email which I received from one of our readers, which we shall call Mrs. A. She is 29 years old and wife to a husband working somewhere in the South Pacific since 2011. Below, she shares her story. How her life changed when her husband went abroad for work, […]

Tags: , , ,

Reader Mail #22: OFW Personal Finance and Investing Questions

Published: March 4, 2013 | Investing, Personal Finance, Reader Mail | 3 Comments

Last week, I conducted a personal finance webinar with mostly OFW’s as my audience. The whole talk, including the question and answer portion, lasted for about an hour and a half. If you wish to watch the recording, you can view it HERE, you just have to register your name and email address. On a […]

Tags: , , , , , ,

UnionBank Offers New Money Service For Filipinos in UAE

Updated: February 9, 2015 | General Information, In Focus | 2 Comments

My brother works in Dubai, and to save money from remittance fees, he usually sends money once every quarter. That money is used for the simple luxuries of my parents, as me and my youngest brother already takes care of their monthly necessities. Indeed, me and my siblings are part of “The Sandwich Generation” – […]

Tags: , , ,

The State of Financial Literacy in The Philippines

Updated: April 19, 2015 | General Information | 16 Comments

In my previous post, I shared F. Sionil Jose’s thoughts on why Filipinos are so poor. He mentions poverty of spirit, poor sense of nationalism and loss of ethical moorings as some of the reasons. Personally, I believe that the lack of financial literacy is also one of the major cause why Pinoys are struggling […]

Tags: , , , ,