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Wednesday, September 05, 2018

What Are The Signs Of Depression And How To Deal With It

Depression is a serious global problem that if not properly addressed could ruin a person's life as well as those of the people around them. 
According to the World Health Organization, depression affects 300 million people around the world and around 16.2 million adults in the U.S translated to 6.7 % of the adult population in the country have experienced major depressive episodes in the past year. Some of them resulted in suicide.
It is also experienced by adolescents or teenagers from age 12-17. Statistics show that about 20% of teens experience depression before their adulthood. As parents, especially those who are working overseas such as overseas Filipino workers (OFW) are advised to monitor their kids at least during their chat time or video calls. We must be aware of the signs that might tell us that our children are already into such kind of mental condition without us even noticing it. 
Depression is a serious global problem that if not properly addressed could ruin a person's life as well as those of the people around them. According to the World Health Organization, depression affects 300 million people around the world and around 16.2 million adults in the U.S translated to 6.7 % of the adult population in the country have experienced major depressive episodes in the past year. Some of them resulted in suicide. It is also experienced by adolescents or teenagers from age 12-17. Statistics show that about 20% of teens experience depression before their adulthood. As parents, especially those who are working overseas such as overseas Filipino workers (OFW) are advised to monitor their kids at least during their chat time or video calls. We must be aware of the signs that might tell us that our children are already into such kind of mental condition without us even noticing it. Ads Sponsored Links The most common symptoms of depression are the following: -The child or adolescent gets lower grades than usual. -Being aloof or isolating themselves from others. -You may even notice a sudden change of sleeping pattern -The kid may also show sudden anger and irritability -They can also show loose of appetite -Posting a negative status on social media - If you notice them be doing self-harm like wounding themselves or the likes, you must act and bring them to a specialist for counseling. Are There Warning Signs of Suicide With Depression? Depression carries a high risk of suicide. Suicidal thoughts or intentions are serious. Warning signs include: —A sudden switch from sadness to extreme calmness, or appearing to be happy —Always talking or thinking about death —Clinical depression (deep sadness, loss of interest, trouble sleeping and eating) that gets worse —Taking risks that could lead to death, such as driving through red lights —Making comments about being hopeless, helpless, or worthless —Putting affairs in order, like tying up loose ends or changing a will —Saying things like "It would be better if I weren't here" or "I want out" —Talking about suicide —Visiting or calling close friends and loved ones If you or someone you know shows any of the warning signs mentioned above, call your Philippine suicide hotline at Hotline:(02) 804-HOPE (4673) Mobile phone: 0917 558 HOPE (4673) or contact a mental health professional right away. Filed under the category of Depression, World Health Organization, major depressive episodes, overseas Filipino workers, suicide, mental condition
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The most common symptoms of depression are the following:

 -The child or adolescent gets lower grades than usual.

 -Being aloof or isolating themselves from others.

 -You may even notice a sudden change of sleeping pattern

 -The kid may also show sudden anger and irritability

 -They can also show loose of appetite

  -Posting a negative status on social media

 - If you notice them be doing self-harm like wounding themselves or the likes, you must act and bring them to a specialist for counseling.

Are There Warning Signs of Suicide With Depression?

Depression carries a high risk of suicide. Suicidal thoughts or intentions are serious. Warning signs include:
—A sudden switch from sadness to extreme calmness, or appearing to be happy

—Always talking or thinking about death

—Clinical depression (deep sadness, loss of interest, trouble sleeping and eating) that gets worse

—Taking risks that could lead to death, such as driving through red lights

—Making comments about being hopeless, helpless, or worthless
—Putting affairs in order, like tying up loose ends or changing a will
—Saying things like "It would be better if I weren't here" or "I want out"
—Talking about suicide

—Visiting or calling close friends and loved ones

If you or someone you know shows any of the warning signs mentioned above, call your Philippine suicide hotline at 

Hotline:(02) 804-HOPE (4673)
Mobile phone:  0917 558 HOPE (4673)

 or contact a mental health professional right away.
Filed under the category of Depression,  World Health Organization, major depressive episodes, overseas Filipino workers, suicide, mental condition
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The remittances coming from overseas Filipino workers (OFWs) helps the Philippine economy on its feet for decades. Because many Filipinos count on their relatives or family member working abroad for their monthly expenses, particularly those who are working in Saudi Arabia, was worried about a recent news that the Saudi Arabian government will impose taxes on remittances sent by expatriates including thousands of OFWs in the Gulf region. Ads Sponsored Links The Ministry of Finance has denied rumors with regard to the imposition of fees on remittance by foreign workers. “Referring to what has been circulated by some media about the proposal to impose fees on remittance by foreign workers, the Ministry of Finance categorically denies this and affirms the commitment to support the free movement of capital through official channels in accordance with the best international standards and practices,” the ministry said in a statement carried by the Saudi Press Agency. The statement noted that the ministry aims by this to boost investor confidence in the economy and achieve further growth of the economy within the framework of the Kingdom’s Vision 2030 so as to enhance the competitiveness of the economy and its attractiveness to foreign investments. It is to be noted that the ministry spokesman had denied in January 2017 a similar report about the move to impose a fee on foreign remittance.
One of the many problems encountered by overseas Filipino workers (OFW) prior to their deployment is the high placement fees collected by recruitment agencies aside from processing and medical fees and other expenses in securing various documents in applying for overseas jobs. For that reason, they are forced to sell their properties or to avail loans even on a high interest rate. But for the OFW caregivers who are applying for deployment to Israel, the placement fees will become lower as a new bilateral agreement is being forged between the two countries. Ads EMBED VIDEO HERE Sponsored Links Filipinos wanting to work as caregivers in Israel would no longer have to pay high placement fees as the governments of Israel and the Philippines are expected to forge a bilateral labor agreement during President Rodrigo R. Duterte’s state visit on September 2-5. Philippine Ambassador to the State of Israel Nathaniel Imperial said the labor cooperation agreement will “hopefully ensure that the exploitative placement fees that are being charged to our workers would be substantially reduced, if not, eliminated.” “It will be a government to government agreement. So private recruitment agencies will no longer be involved in the recruitment process,” Imperial said in an interview with Radio Television Malacañang at the Philippine Embassy in Tel Aviv, Israel on August 30. Aside from the labor and business agreements, Imperial said the Philippine Embassy has identified several areas of cooperation that will be pursued during the President’s visit. “One is in science and technology. Israel, as you know, is known as the start-up nation. It is known for its innovation and its very advanced software and technology. And this is something that we can learn from and that we can partner with Israel,” he said. Over the last few years, he said, the Philippines has broadened the areas of labor cooperation with Israel, which is home to 29,000 Filipino workers and residents. “Around 24,000 of them are caregivers taking care of the elderly in Israel and disabled children. And so in a way, you can say that we are helping Israel cope with an aging population,” he said. Imperial also took pride in saying that labor conditions in Israel are some of the best in the Middle East. “Workers here receive the highest minimum wage in all of the Middle East. And they have days off, they have the right to worship and practice their faith,” he added. “And as you know this is the Holy Land. It’s a special place for Filipino Christians and they’re having a very good time here and enjoying their work even though it’s a very difficult and demanding type of work, caregiving.” Ads The President, who departed Manila Sunday afternoon for Israel, is expected to meet with the Filipino community (Filcom) at Ramada Hotel in Jerusalem at around 9:30 p.m. (Manila time). Imperial said Filipinos are looking forward to the meeting because it is a fulfillment of the President’s promise. “He was supposed to come in May of last year. But because of the Marawi incident, he had to postpone his overseas travel,” he said. Because of the limitations of space though, only around 1,400 Filipinos will be able to meet with President Duterte at the Filcom event venue. Imperial said Filipinos in Israel are fortunate because President Duterte’s visit is the first by a sitting Philippine president since the formal establishment of diplomatic ties 61 years ago. He said the enduring friendship between Israelis and Filipinos actually started in the late 1930s. “In 2009, the Philippine embassy together with the Israeli government dedicated a monument in the city of Rishon Lezion called the Open Doors monument to commemorate the humanitarian assistance provided by the Philippines to Jewish refugees escaping the Holocaust in the late 1930s,” he said. He added that then President Manuel Quezon allowed the entry of around 1,300 Jewish refugees and that monument has attracted a lot of attention from Israeli and Filipino tourists.
One of the many problems encountered by overseas Filipino workers (OFW) prior to their deployment is the high placement fees collected by recruitment agencies aside from processing and medical fees and other expenses in securing various documents in applying for overseas jobs. For that reason, they are forced to sell their properties or to avail loans even on a high interest rate. But for the OFW caregivers who are applying for deployment to Israel, the placement fees will become lower as a new bilateral agreement is being forged between the two countries. Ads EMBED VIDEO HERE Sponsored Links Filipinos wanting to work as caregivers in Israel would no longer have to pay high placement fees as the governments of Israel and the Philippines are expected to forge a bilateral labor agreement during President Rodrigo R. Duterte’s state visit on September 2-5. Philippine Ambassador to the State of Israel Nathaniel Imperial said the labor cooperation agreement will “hopefully ensure that the exploitative placement fees that are being charged to our workers would be substantially reduced, if not, eliminated.” “It will be a government to government agreement. So private recruitment agencies will no longer be involved in the recruitment process,” Imperial said in an interview with Radio Television Malacañang at the Philippine Embassy in Tel Aviv, Israel on August 30. Aside from the labor and business agreements, Imperial said the Philippine Embassy has identified several areas of cooperation that will be pursued during the President’s visit. “One is in science and technology. Israel, as you know, is known as the start-up nation. It is known for its innovation and its very advanced software and technology. And this is something that we can learn from and that we can partner with Israel,” he said. Over the last few years, he said, the Philippines has broadened the areas of labor cooperation with Israel, which is home to 29,000 Filipino workers and residents. “Around 24,000 of them are caregivers taking care of the elderly in Israel and disabled children. And so in a way, you can say that we are helping Israel cope with an aging population,” he said. Imperial also took pride in saying that labor conditions in Israel are some of the best in the Middle East. “Workers here receive the highest minimum wage in all of the Middle East. And they have days off, they have the right to worship and practice their faith,” he added. “And as you know this is the Holy Land. It’s a special place for Filipino Christians and they’re having a very good time here and enjoying their work even though it’s a very difficult and demanding type of work, caregiving.” Ads The President, who departed Manila Sunday afternoon for Israel, is expected to meet with the Filipino community (Filcom) at Ramada Hotel in Jerusalem at around 9:30 p.m. (Manila time). Imperial said Filipinos are looking forward to the meeting because it is a fulfillment of the President’s promise. “He was supposed to come in May of last year. But because of the Marawi incident, he had to postpone his overseas travel,” he said. Because of the limitations of space though, only around 1,400 Filipinos will be able to meet with President Duterte at the Filcom event venue. Imperial said Filipinos in Israel are fortunate because President Duterte’s visit is the first by a sitting Philippine president since the formal establishment of diplomatic ties 61 years ago. He said the enduring friendship between Israelis and Filipinos actually started in the late 1930s. “In 2009, the Philippine embassy together with the Israeli government dedicated a monument in the city of Rishon Lezion called the Open Doors monument to commemorate the humanitarian assistance provided by the Philippines to Jewish refugees escaping the Holocaust in the late 1930s,” he said. He added that then President Manuel Quezon allowed the entry of around 1,300 Jewish refugees and that monument has attracted a lot of attention from Israeli and Filipino tourists.
uying real property can be considered among very important investments for an overseas Filipino worker (OFW) must have. having your own house and lot is a big accomplishment in a life of OFWs regardless of how big it is or its location or if you bought it cold cash or through a mortgage loan. To own a real property, it is important that you secure proper documentation. You need to be issued a land title as a proof of ownership. But what if your title was lost or damaged no matter how safe you keep it? That is why the Land Registration Administration urges every Filipinos to enjoy the benefit and convenience of converting their paper land titles to electronic titles also known as the eTitle. Ads Sponsored Links The Philippine Embassy in UAE on Tuesday, August 28, encouraged overseas Filipino workers (OFWs) in the UAE to convert their physical copy of land titles to e-titles or the digital version of land titles. Under the Land Regulatory Authority’s (LRA) Land Titling Conversion Project, original titles in the Registry of Deeds are now stored in digital databases while the landowner’s duplicate copies of land title can now be converted to e-titles. In a video uploaded by LRA, physical copies of land titles are prone to get lost, production of multiple fake copies, fire, and other natural disasters that may damage the physical copies. Landowners will also no longer need to pay hefty fees in securing another copy of the land title when their duplicate copies are lost. Moreover, e-titles also have security features to further protect the legitimacy of the land title. Landowners need to bring their duplicate land title copies and other required documents to the Registry of Deeds or nearest satellite office. The LRA personnel will then compare the duplicate copy to the original copy stored in their database. Once validated, the physical copy will then be converted to e-titles for a minimal fee. The e-title will be available for pick-up after a few days. The Land Registration Authority has been implementing the Voluntary Title Standardization Program. It provides title owners the option to upgrade manually-issued titles to “eTitles”, which are issued by LRA’s new Computerized System. LRA’s Computerized System was developed as part of the agency’s Land Titling Computerization Project, which aims, among others, to: 1. Maintain on-line information on titles that is current, complete and accurate. 2. Maintain the security and integrity of records by safeguarding these from tampering or destruction and deter substitution or insertion of questionable data, in paper or digital form; and 3. Provide a system of timely detection and identification of fake land titles which will assist in the identification of persons responsible, therefore. How Do You Convert Your Land Title to eTitle? Bring your owner’s duplicate title and other required documents to the registry of deeds or the nearest satellite office. The LRA personnel will match the duplicate copy to the original to validate authenticity. Once validated, the conversion process of your manual title to eTitle will commence. And after a few days, your owner’s duplicate eTitle will be ready for pick-up–all for a price of a movie date. So start enjoying the convenience of a tamper-proof, destruction-proof, lost-proof original eTitle and the security of an owner’s duplicate eTitle. Start converting today!” Why do you need to convert your paper land title to eTitle? Both original and duplicate titles are made of paper and these can be faked, lost, or misplaced, or destroyed by wear and tear, fire, and natural disasters. The answer is land title conversion to eTitle. The LRA has embarked on the eTitling Conversion Project. Original titles in the Registry of Deeds Vaults are now digitzed and stored in the computer database while owners’ duplicate copy of title can now be converted to eTitles. eTitles are immune from the dangers paper titles are exposed to. Landowners are also spared from the expensive and tedious reconstitution process whenever the original titles are lost or destroyed. Ads With the use of technology, the eTitle now empowers the LRA to further improve its delivery of services. eTitles also address the risk management requirements of banks and other institutions. Convert your titles! While the LRA is doing its part, you must also do your share as a landowner. Filed under real property, investments, overseas Filipino worker (OFW), mortgage loan, land title, Land Registration Administration, Filipinos electronic title, eTitles
Modern technology can be useful in making human lives easier. In this age where everything has corresponding applications whether you are using an Android or an iOs platform in your mobile device or smartphone, there is an application that suits your needs. You can even handle your finances using an app as a guide if you are not adept at money management. There are also apps for investing and availing loans. Advertisement Mint Hands down, the free Mint app from Intuit Inc. (INTU) – the name behind QuickBooks and TurboTax – is an effective all-in-one resource for creating a budget, tracking your spending and getting smart about your money. You can connect all your bank and credit card accounts, as well as all your monthly bills, so all your finances are in one convenient place – no more logging into multiple sites. Mint lets you know when bills are due, what you owe and what you can pay. The app can also send you payment reminders so you can avoid late fees. Based on your spending habits, Mint even gives you specific advice to gain more control over your budget. The free credit score is a nice bonus, too. Special features: Shows your real-time credit score This app is for you if: You want to know how much money you have at any given time across multiple accounts and cards. You Need a Budget: Best app for getting out of debt You Need a Budget (YNAB to enthusiasts) is unlike any other budgeting app you've used before. YNAB helps you stop living paycheck to paycheck, pay down debt and "roll with the punches" if something unexpected comes up. It's built around a fairly simple principle – every dollar has a job. You Need a Budget doesn't let you create budgets around money you don't have – it forces you to live within your actual income. If you get off track (and who doesn't occasionally?), YNAB helps you see what you need to do differently to balance your budget. The built-in "accountability partner" keeps you on your toes. Although users pay a small monthly or annual fee for YNAB, the service and support are worth it. Online classes with a live instructor for Q&A to help you learn budgeting basics are included. In fact, YNAB is so effective that the average user pays off $500 in debt the first month. Special features: Not only can you set up weekly/monthly budgets (all personal finance apps do that!) but you can also set up budgets or individual projects, like "Christmas gifts 2018." This app is for you if: Every other attempt you've made to get your budget in check has left you frustrated and hopeless. Acorns: Best app for painless saving Want to harness the benefits of automating good financial behavior? If that sounds complicated, the Acorns app decidedly isn't. Basically, every time you make a purchase with a card connected to the app, Acorns rounds it up to the next highest dollar and automatically invests the difference in a portfolio of low-cost exchange-traded funds (ETFs) that you select based on your risk preference. Acorns put your pocket change to work in an utterly painless way – users say that they never even notice the difference. Wouldn't you love to find an extra $300 or $500 or even $1,500 in your investment account each year? The service is free to college students and charges just $1 per month for pretty much everyone else. Special features: You can set up your Acorn app to automatically invest your savings without your even knowing about it This app is for you if: You have never owned a share of stock because you thought you didn't have enough money to invest. Coinbase: Best app for trading Bitcoin ... and Ethereum, and Bitcoin Cash. If you only want one app for trading Bitcoin, Coinbase is a good start. The app is a stripped down version of the desktop version. If you're worried about ease of use, the app might be even better for some people than the desktop version, due to the simple interface. As with the desktop version, purchase limits are capped at $9500 per month for the first-tier user. You can raise that cap to $25,000 if you are willing to provide additional proof of identification, by uploading your passport or other personal documents. Special features: You can set up price alerts in advance so that you know when your target sell/buy price has been met. This app is for you if: You want to get started buying and selling bitcoin, or sending it to friends. Ads Wally: Best app for tracking expenses If you're the sort of person who'd love to be as organized with personal expense tracking as you are with your expense reports at work, you'll love the totally free Wally app. Instead of manually logging your expenses at the end of the day (or week or month), Wally lets you simply take a photo of your receipts. And if you use geo-location on your device, it even fills in that info, saving you several steps. Wally is a clean, streamlined app that's extremely convenient and easy to use. It's a great choice if you'd like more insight into where your money is going. Special features: You can take a photo of your receipts instead of manually entering numbers. Less typing=less fat-fingering errors. This app is for you if: Your previous attempts to track expenses were abandoned within a month because you hated typing stuff. Tycoon: Best app for models (and other freelancers) Tycoon was founded by supermodel Jess Perez, who modeled for Victoria's Secret and Sports Illustrated's famous Swimsuit Edition. Perez noticed that models, as with all freelancers, were often paid very late for their work - sometimes months or even years after the contractually required payment period. Late payments are easy to forget, which makes it that much harder for freelancers to chase after clients who owe them money. According to Perez, the most common job descriptions for users of her app are photographers, developers, contractors, and models. Special features: Tycoon App is catered to a freelancer's special needs, such as calculating take-home pay minus agent commission so you can decide whether or not to even accept a gig. It also makes it easy to see at a glance which clients have not paid you yet. This app is for you if: You want to decide whether it's worth it for you to take a certain freelance gig. Time, after all, is money. Cashalo This mobile app allows you to make a loan through your smartphone and you can get the result in about 30 minutes only. To know more about this app, click here. Venmo: Best payment app for splitting the cost of a pizza with friends Venmo was acquired by Paypal in 2013 for $800 million. The app similar to PayPal, but, in the words of the official site, "is unique in that Venmo allows users to share and like payments and purchases through a social feed. The service is popular with the millennial generation." If you want someone to pay you, you send them your personal QR code so they can add you as a recipient. The limit for transactions is $299.99 in a given week. If you set up for authorized merchants payments, your limit for sending funds is $2999.99 weekly. Special features: If you choose, you can share your transactions with your friends or even the whole Venmo-using world. This app is for you if: You are the type of person to share your Fitbit running data on your social media feed. Home Budget Every OFW spouse must have this app. Home Budget is designed to track bills, expenses, account balances, and everything else related to home budgeting. There are also graphs and charts to show you whether or not your spouse is exceeding the monthly budget you set. Similar to other apps, Home Budget is also free and available to iOS and Android users. Robinhood: Best investing app for the 99% Robinhood is a game-changing investing app with a very unique and unbeatable feature: transactions are free. (They make money by upselling premium services like margin trading). It's also one of the very first personal investing apps to offer Bitcoin trading capabilities. Founded by Vlad Tenev and Baiju Bhatt - former roommates at Stanford University - the app is something of a Cinderella story. They were turned down by 75 VC investors before finally securing funding. Special features: "Cards" appear on your screen to give you real-time news alerts and market information. They sound intrusive but they're actually helpful, and you can customize them or opt out altogether. This app is for you if: You like free stuff and you're brand-new to investing. Ads Ipon: 52 Weeks Challenge 52 weeks challenge is popular every start of the year. It gives you an idea of how much you can have at the end of the year when you set aside a specific amount every week. In case you are having a hard time sticking to your saving commitment, then this app could help. Available to Android users, this app helps you set your financial goal and make sure you stick to a schedule. It also helps you keep track of how much you have, shows you a progress record, and sends you reminders in case it’s time to set aside the amount you promised to save. Don’t worry. This one is free as well. Filed under applications, Android, iOs, money management, app, mobile device, investing, loans Read More: What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc. Advertisement Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills. Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses. The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve. Ads The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP. From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year. The government said headline inflation rate went up to 4.6 % in May as compared to 2.9% last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized. Ads While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW. What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc. Advertisement Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills. Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses. The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve. Ads The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP. From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year. The government said headline inflation rate went up to 4.6 % in May as compared to 2.9% last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized. Ads While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW. What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc. Advertisement Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills. Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses. The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve. Ads The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP. From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year. The government said headline inflation rate went up to 4.6 % in May as compared to 2.9% last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized. Ads While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW. What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc. Advertisement Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills. Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses. The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve. Ads The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP. From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year. The government said headline inflation rate went up to 4.6 % in May as compared to 2.9% last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized. Ads While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW. ©2018 THOUGHTSKOTO

©2018 THOUGHTSKOTO
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