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Showing posts with label remittances. Show all posts
Showing posts with label remittances. Show all posts

Friday, October 19, 2018

Two Bills For OFWS: HB 8110 And HB 1700 Now Approved In Congress

The overseas Filipino workers (OFW) helps the economy by the remittances they send to their family which is spent on their daily needs making local commerce move. In spite of the help they give to the economy, OFWs are often vulnerable to abuse and maltreatment abroad especially those who are deployed as household service workers (HSW). Due to lack or very little knowledge about their rights, many OFWs needs equipping and protection.
Recently, two pro-OFW bills were already approved in the House Of Representatives: HB 8110 and HB 1700 which aims to empower and protect the OFWs.

The overseas Filipino workers (OFW) helps the economy by the remittances they send to their family which is spent on their daily needs making local commerce move. In spite of the help they give to the economy, OFWs are often vulnerable to abuse and maltreatment abroad especially those who are deployed as household service workers (HSW). Due to lack or very little knowledge about their rights, many OFWs needs equipping and protection. Recently, two pro-OFW bills were already approved in the House Of Representatives: HB 8110 and HB 1700 which aims to empower and protect the OFWs. Ads Sponsored Links The House of Representatives has approved on second reading two measures aimed at empowering and protecting overseas Filipino workers (OFWs). In a statement by Bagong Henerasyon Party-list Rep. Bernadette Herrera-Dy, she said that the Congress approved House Bill (HB) No. 8110, which proposes a standard handbook on the rights and responsibilities of OFWs, and House Bill 1700, granting OFWs the right to equal protection on money claims. Under HB 8110, the Philippine Overseas Employment Administration (POEA) is mandated to develop, publish, disseminate, and update a handbook on the rights and responsibilities of migrant workers. They shall also be the lead agency in implementing an intensified program against illegal recruitment activities. The bill also provides that the handbook shall be written in words that can be easily understood, with translation in the local language as may be necessary. On the other hand, HB 1700 is seeking to amend Republic Act No. 8042, or the “Migrant Workers and Filipino Migrants Act of 1995”, by removing the clause "or for three months for every year of the unexpired term whichever is less" found on the fifth paragraph of Section 10 of the law which refers to money claims for the unexpired portion of a migrant worker's contract. Under the measure, a worker shall be entitled to the full reimbursement of his placement fee and deduction made with interest at 12% per annum in case of termination of overseas employment without just, valid or authorized cause as defined by law or contract, or any unauthorized deduction from the migrant worker’s salary. Filed under the category of overseas Filipino workers, remittances, economy, abuse, maltreatment, household service workers, HB 8110, HB 1700, House Of Representatives, OFW, HSW
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The House of Representatives has approved on second reading two measures aimed at empowering and protecting overseas Filipino workers (OFWs).

In a statement by Bagong Henerasyon Party-list Rep. Bernadette Herrera-Dy, she said that the Congress approved House Bill (HB) No. 8110, which proposes a standard handbook on the rights and responsibilities of OFWs, and House Bill 1700, granting OFWs the right to equal protection on money claims.
The overseas Filipino workers (OFW) helps the economy by the remittances they send to their family which is spent on their daily needs making local commerce move. In spite of the help they give to the economy, OFWs are often vulnerable to abuse and maltreatment abroad especially those who are deployed as household service workers (HSW). Due to lack or very little knowledge about their rights, many OFWs needs equipping and protection. Recently, two pro-OFW bills were already approved in the House Of Representatives: HB 8110 and HB 1700 which aims to empower and protect the OFWs. Ads Sponsored Links The House of Representatives has approved on second reading two measures aimed at empowering and protecting overseas Filipino workers (OFWs). In a statement by Bagong Henerasyon Party-list Rep. Bernadette Herrera-Dy, she said that the Congress approved House Bill (HB) No. 8110, which proposes a standard handbook on the rights and responsibilities of OFWs, and House Bill 1700, granting OFWs the right to equal protection on money claims. Under HB 8110, the Philippine Overseas Employment Administration (POEA) is mandated to develop, publish, disseminate, and update a handbook on the rights and responsibilities of migrant workers. They shall also be the lead agency in implementing an intensified program against illegal recruitment activities. The bill also provides that the handbook shall be written in words that can be easily understood, with translation in the local language as may be necessary. On the other hand, HB 1700 is seeking to amend Republic Act No. 8042, or the “Migrant Workers and Filipino Migrants Act of 1995”, by removing the clause "or for three months for every year of the unexpired term whichever is less" found on the fifth paragraph of Section 10 of the law which refers to money claims for the unexpired portion of a migrant worker's contract. Under the measure, a worker shall be entitled to the full reimbursement of his placement fee and deduction made with interest at 12% per annum in case of termination of overseas employment without just, valid or authorized cause as defined by law or contract, or any unauthorized deduction from the migrant worker’s salary. Filed under the category of overseas Filipino workers, remittances, economy, abuse, maltreatment, household service workers, HB 8110, HB 1700, House Of Representatives, OFW, HSW
Under HB 8110, the Philippine Overseas Employment Administration (POEA) is mandated to develop, publish, disseminate, and update a handbook on the rights and responsibilities of migrant workers.

They shall also be the lead agency in implementing an intensified program against illegal recruitment activities.

The bill also provides that the handbook shall be written in words that can be easily understood, with translation in the local language as may be necessary.

On the other hand, HB 1700 is seeking to amend Republic Act No. 8042, or the “Migrant Workers and Filipino Migrants Act of 1995”, by removing the clause "or for three months for every year of the unexpired term whichever is less" found on the fifth paragraph of Section 10 of the law which refers to money claims for the unexpired portion of a migrant worker's contract.
Under the measure, a worker shall be entitled to the full reimbursement of his placement fee and deduction made with interest at 12% per annum in case of termination of overseas employment without just, valid or authorized cause as defined by law or contract, or any unauthorized deduction from the migrant worker’s salary.
Filed under the category of overseas Filipino workers, remittances, economy, abuse, maltreatment, household service workers, HB 8110, HB 1700, House Of Representatives, OFW, HSW
The overseas Filipino workers (OFW) helps the economy by the remittances they send to their family which is spent on their daily needs making local commerce move. In spite of the help they give to the economy, OFWs are often vulnerable to abuse and maltreatment abroad especially those who are deployed as household service workers (HSW). Due to lack or very little knowledge about their rights, many OFWs needs equipping and protection. Recently, two pro-OFW bills were already approved in the House Of Representatives: HB 8110 and HB 1700 which aims to empower and protect the OFWs. Ads Sponsored Links The House of Representatives has approved on second reading two measures aimed at empowering and protecting overseas Filipino workers (OFWs). In a statement by Bagong Henerasyon Party-list Rep. Bernadette Herrera-Dy, she said that the Congress approved House Bill (HB) No. 8110, which proposes a standard handbook on the rights and responsibilities of OFWs, and House Bill 1700, granting OFWs the right to equal protection on money claims. Under HB 8110, the Philippine Overseas Employment Administration (POEA) is mandated to develop, publish, disseminate, and update a handbook on the rights and responsibilities of migrant workers. They shall also be the lead agency in implementing an intensified program against illegal recruitment activities. The bill also provides that the handbook shall be written in words that can be easily understood, with translation in the local language as may be necessary. On the other hand, HB 1700 is seeking to amend Republic Act No. 8042, or the “Migrant Workers and Filipino Migrants Act of 1995”, by removing the clause "or for three months for every year of the unexpired term whichever is less" found on the fifth paragraph of Section 10 of the law which refers to money claims for the unexpired portion of a migrant worker's contract. Under the measure, a worker shall be entitled to the full reimbursement of his placement fee and deduction made with interest at 12% per annum in case of termination of overseas employment without just, valid or authorized cause as defined by law or contract, or any unauthorized deduction from the migrant worker’s salary. Filed under the category of overseas Filipino workers, remittances, economy, abuse, maltreatment, household service workers, HB 8110, HB 1700, House Of Representatives, OFW, HSW
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The overseas Filipino workers (OFW) helps the economy by the remittances they send to their family which is spent on their daily needs making local commerce move. In spite of the help they give to the economy, OFWs are often vulnerable to abuse and maltreatment abroad especially those who are deployed as household service workers (HSW). Due to lack or very little knowledge about their rights, many OFWs needs equipping and protection. Recently, two pro-OFW bills were already approved in the House Of Representatives: HB 8110 and HB 1700 which aims to empower and protect the OFWs. Ads Sponsored Links The House of Representatives has approved on second reading two measures aimed at empowering and protecting overseas Filipino workers (OFWs). In a statement by Bagong Henerasyon Party-list Rep. Bernadette Herrera-Dy, she said that the Congress approved House Bill (HB) No. 8110, which proposes a standard handbook on the rights and responsibilities of OFWs, and House Bill 1700, granting OFWs the right to equal protection on money claims. Under HB 8110, the Philippine Overseas Employment Administration (POEA) is mandated to develop, publish, disseminate, and update a handbook on the rights and responsibilities of migrant workers. They shall also be the lead agency in implementing an intensified program against illegal recruitment activities. The bill also provides that the handbook shall be written in words that can be easily understood, with translation in the local language as may be necessary. On the other hand, HB 1700 is seeking to amend Republic Act No. 8042, or the “Migrant Workers and Filipino Migrants Act of 1995”, by removing the clause "or for three months for every year of the unexpired term whichever is less" found on the fifth paragraph of Section 10 of the law which refers to money claims for the unexpired portion of a migrant worker's contract. Under the measure, a worker shall be entitled to the full reimbursement of his placement fee and deduction made with interest at 12% per annum in case of termination of overseas employment without just, valid or authorized cause as defined by law or contract, or any unauthorized deduction from the migrant worker’s salary. Filed under the category of overseas Filipino workers, remittances, economy, abuse, maltreatment, household service workers, HB 8110, HB 1700, House Of Representatives, OFW, HSW
Natural remedies have long been used in the Arab world to treat a range of health issues, including these seeds and herbs that are thought to have various benefits. Unlike synthetic drugs that could damage your liver in the long run, herbal medicines can cure illnesses without damaging your internal organs. Ads </ Sponsored Links Black cumin seed According to Islamic tradition, the black cumin seed is a powerhouse of health benefits. It is thought to help with immune-related, digestive and respiratory issues and has antihistamine, anti-inflammatory, and anti-oxidant properties. Cloves Cloves and clove oil have been used in dentistry since as early as the 19th century. It is known to contain antiseptic and anti-inflammatory chemical eugenol. Turmeric Turmeric contains the chemical curcumin that is thought to decrease inflammation in the body. Thyme Thyme has been used for centuries to treat such medical conditions as diarrhea, stomach ache, arthritis and sore throats due to the presence of thymol, an antiseptic agent. Fennel seeds A concentrated source of minerals like copper, potassium, calcium, zinc, manganese, vitamin c, iron, selenium and magnesium, fennel is thought to do everything like regulating blood pressure and easing water retention as it’s a known diuretic. Anise Anise oil contains thymol, terpineol, and anethole, which are known remedies for a cough and flu cases. Anise is also known to help improve digestion, alleviate cramps and reduce nausea. Filed under the category of Natural remedies, Arab, health issues, seeds and herbs, synthetic drugs, herbal medicines, a cure.
Many Filipinos especially those in the remote areas of the country. They can only avail of medical attention once in a blue moon through medical missions coming from non-government organizations (NGO's) and other health advocacy groups. Instances also happen where citizens, even at the heart of the city suffer illnesses and just succumb to their deaths without having treated due to expensive medications and hospitalization. Soon, all Filipinos will have access to free health services including the families of the overseas Filipino workers (OFW). This situation is about to change as the new universal health bill was already approved and soon to be enacted as a law. The Senate passed on third and final reading a bill that seeks to provide adequate health care services to Filipinos. The senators unanimously voted for the approval of Senate Bill #1986 also known as the "Universal Health Care Bill." President Rodrigo Duterte wanted it to be certified urgent and called for the proposed measure's passage at the Senate. Ads Sponsored Links With this law being enacted, Filipinos will be given health care coverage and benefits under the National Health Security Program, which replaces the National Health Insurance Program or Philhealth. Under the universal health care law, "contributors" or those who have the capacity to pay will have to pay for their premiums while the government will shoulder the contributions of non-contributors. Funds for the subsidy will be included in the annual General Appropriations Act as well as sin taxes from cigarettes will also be a major source of funding for the policy. Presidential Spokesperson Harry Roque, who authored the bill when he was still a party-list representative, thanked the Senate for passing what he considers to be a "groundbreaking" law. The House of Representative had previously passed a version of the bill (House Bill No 5784) in September 2017. The President's move in certifying the bill as urgent shows the administration's "unrelenting commitment to provide the marginalized and disadvantaged with sufficient and better health care services," Roque said. Filed under the category of Filipinos, non-government organizations (NGO's), health advocacy groups, free health services, universal health bill, Senate, Universal Health Care Bill, President Rodrigo Duterte

As overseas Filipino workers (OFW) working in an unfamiliar territory, we feel comfortable whenever we see a compatriot or a fellow Filipino abroad. In some instances, very unfortunate things happen like getting into a trouble because of a fellow Filipino. The Department of Foreign Affairs (DFA) and the Consulate General in Saudi Arabia confirmed that an OFW was stabbed and killed by a fellow OFW in Jeddah, KSA. Ads Sponsored Links A Filipino was stabbed and killed by a fellow Filipino in Jeddah, Saudi Arabia, according to the confirmation of the Department of Foreign Affairs (DFA). The victim (name withheld) was a 29-year-old from Datu Odin Sinsuat, Maguindanao, who worked as a family driver in Jeddah. The suspect (name withheld), a 34-year-old from Capiz, also a driver for the same family The suspect remains under police custody after he was arrested immediately after the incident. The two "allegedly engaged in a fistfight in front of the house of their employer that ended in the victim getting fatally stabbed by his fellow driver." The motive of the stabbing is still unknown. The Consulate General and the Philippine Overseas Labor Office in Jeddah will extend full assistance to both Filipinos as well as their families. The victim is set for a vacation to the Philippines soon but the incident turned out to be unfortunate that he will come home inside a box. Consul General Edgar Badajos said that the suspect is facing a death sentence as per Saudi Sharia law. However, since they are both Filipinos, it is possible that the victim's family could instead He assured that they will render assistance to help both OFWs. Filed under the category of overseas Filipino workers, Filipino abroad, Department of Foreign Affairs (DFA), Saudi Arabia, stabbed, Jeddah, KSA
Two Bills For OFWS: HB 8110 And HB 1700 Now Approved In Congress
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
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Friday, October 12, 2018

OFW in Oman Chooses Lover Over 4 Kids?



A mother of an Overseas Filipino worker (OFW) in Oman pleads for help after her daughter stops sending remittances to her four children, instead, her hard-earned money abroad, goes to her boyfriend. According to Marlyn Lazo in one episode of Raffy Tulfo In Action, her OFW daughter Irene, rarely sends money to her four kids, instead gives all her earnings abroad to her boyfriend. The mother Marlyn said, she even incurred debt due to the expenses for her daughter's deployment to Oman in last year. She added the debt are still unpaid up to now and she is being pressured by her debtors to pay. According to Marlinda, Irene's sister that she only send them money once from then. On the other hand, OFW Irene explained that she stop sending remittances to her family after her boyfriend suffers bullying from them. She even gave them an ultimatum to stop but it did not happen, that is why she chooses to send his money to the guy. “Nung time po na magpapadala ako sa kanila, binully po ng binully yung lalaki eh wala naman pong ginagawa sa kanila. Marami po silang sinasabi sa akin kaya nasaktan ako, hindi na ako nagpadala ng pera sa kanila,” Irene added that although she is no longer sending remittances to her children, the kids are being supported by her former husband on a weekly basis. When asked if she is willing to send monthly remittances to her family, Irene said, she cannot promise because she already has her own life now. Eventually, Irene agreed to send her family a portion of her salary after being reminded of the reason why she decided to become an OFW in the very first place.
A mother of an Overseas Filipino worker (OFW) in Oman pleads for help after her daughter stops sending remittances to her four children, instead,  her hard-earned money abroad, goes to her boyfriend. 
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 According to Marlyn Lazo in one episode of Raffy Tulfo In Action, her OFW daughter Irene, rarely sends money to her four kids, instead gives all her earnings abroad to her boyfriend. The mother Marlyn said, she even incurred debt due to the expenses for her daughter's deployment to Oman in last year.

Read: 9 Laws in UAE You Might Accidentally Violate That'll Cost You a Fine, Jail Term or Deportation

She added the debt are still unpaid up to now and she is being pressured by her debtors to pay. According to Marlinda, Irene's sister that she only send them money once from then.
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On the other hand, OFW Irene explained that she stop sending remittances to her family after her boyfriend suffers bullying from them. She even gave them an ultimatum to stop but it did not happen, that is why she chooses to send his money to the guy.

“Nung time po na magpapadala ako sa kanila, binully po ng binully yung lalaki eh wala naman pong ginagawa sa kanila. Marami po silang sinasabi sa akin kaya nasaktan ako, hindi na ako nagpadala ng pera sa kanila,” 

 Irene added that although she is no longer sending remittances to her children, the kids are being supported by her former husband on a weekly basis. When asked if she is willing to send monthly remittances to her family, Irene said, she cannot promise because she already has her own life now.

 Read: DFA Advisory: 6 Things to Keep in Mind While Travelling Abroad

Eventually, Irene agreed to send her family a portion of her salary after being reminded of the reason why she decided to become an OFW in the very first place.

 This article is filed under Filipino workers, Filipina maids, remittances, debt, and earnings.

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Whether you are a tourist or overseas Filipino workers (OFW), these reminders from the Department of Foreign Affairs (DFA) are applicable to you one way or another when traveling abroad or visiting other countries. Filipinos love to see new places. No doubt that many of us love to travel and dream to work in other countries as well. But being a tourist or a foreigner does not give you a guarantee that you will be safe from any crimes. Sometimes in other countries, foreigners and tourist are the targets of petty crimes that we can avoid if we are on-guard of ourselves. According to the DFA, regardless of where you are, you should watch out for the following; thieves pickpockets snatchers scammers other petty criminals Aside from this, DFA reminded Filipinos of the following things to keep in mind while traveling in other countries. These things may help you avoid any inconveniences on your travel. Be mindful of and respect local laws and regulations; Always keep alert in crowded areas such as popular tourist spots, airports, bus, train and metro stations, markets and shopping areas, large sports and concert venues, and onboard public transportation, among others, where petty criminals tend to congregate; Be wary of con artists who use a variety of tactics to distract tourists while accomplices gain access to one’s personal items; Be careful of your belongings. Never leave items that may easily be picked up, such as wallets, mobile phones, and cameras, unattended. Always keep these close to you, especially in crowded areas; As much as possible, distribute your cash, credit cards, important documents, and other valuables in separate compartments in your bag; and Keep both hard and electronic copies of your passport, IDs, credit cards and important documents handy while on travel. The DFA said Filipinos whose passports get lost or stolen should immediately secure a Police Report and contact the nearest Philippine Embassy or Consulate for assistance. In a case that you lost your passport in other countries, the DFA said that the Philippine embassy or consulate can help Filipinos by issuing a travel document that will allow them to travel back to the Philippines. But obtaining a replacement for a lost or stolen passport in other countries needs more requirements and much harder compared to applying for a regular passport.

It said that ignorance of the law excuses no one. This is not only applicable here in the Philippines but also in other countries where stricter implementation of the law is enforced like in the United Arab Emirates (UAE) where many Filipinos resides or work as overseas workers. So if you are an OFW in UAE, you should watch out with these nine simple laws that you might accidentally break and make you land into a difficult situation, get fined or prison. 1. Jaywalking In Abu Dhabi alone, Some 50, 595 pedestrians were ticketed for crossing roads illegally last year. The Traffic and Patrol Directorate advised pedestrians to use underpasses, bridges and zebra lines to cross the roads and urge motorist to slow down and give them the right of way. This traffic violation will incur you a fine of Dh400. 2. Photography Taking and publishing pictures of people without their permission is considered illegal in the UAE. It is considered a breach of privacy especially if the affected party files a complaint against you. Fines for cybercrime in the UAE ranges from Dh150,000 to Dh200,000 along with a jail time. There is more. The UAE's Ministry of Interior says that snapping photos or videos of traffic accidents and posting them online is a violation of the law. It is also illegal to post images or videos of aviation accidents. Anyone who found guilty of this may face life imprisonment and/or a fine of Dh50,000 to Dh3 million, as well as deportation. 3. Texting in foul language Watch your mouth especially if you are in UAE. Don't you know that you cannot just drop the F-bomb in public? Yes, because this is a criminal offense. Aside from this, it is also against the law to use abusive language in text or chat such as 'middle finger' emoji. Under the UAE’s cybercrime laws, anyone convicted faces a fine of up to Dhs500,000, a prison sentence, and deportation. Article 20 states that slander, using abusive language, or insulting another person or entity using a computer network or any information technology means is a punishable crime. 4. Flashing your middle finger Flashing your middle finger in UAE is offensive and will get you deported. This hand gesture is a violation of dignity and honor under the UAE Penal Code. According to the Federal Penal Law, deportation has been compulsory against those found guilty of flashing their middle finger in public for several years now. 5. Dirty cars and washing your car in public Your unkempt and dirty vehicle may cost you Dh500 fines. Authorities have warned the public not to leave their cars unwashed for a long time. It said that this is uncivilized behavior that can tarnish the aesthetic appearance of the city. Aside from this don't you know that washing your car in public parking space or in front of buildings in UAE is illegal? Also, there is a regulation that bans washing a car in residential areas. "This violation affects the environment as the dirty water breeds diseases and fouls the area. It also sullies the aesthetic look of the city and makes the place messy," Car owners who pay illegal car washers on public streets or residential areas will be fined Dh 250 while illegal car washers will be fined Dh500. 6. Littering, Spitting, and Burning Waste Anyone who caught littering while walking or throwing out garbage from a vehicle may cost a fine of Dh500. This includes throwing your cigarette buts on the road, in the streets or in the park. In 2017, in Dubai alone, 1,800 people are fined for littering in public places while 500 residents were also fined for spitting on public roads. On the other hand, you may be fined of Dh100 for disposing of waste by burning it in an unauthorized manner. 7. A Bounced Cheque Under UAE Law, the criminal court may convict the person who issues a check that bounced if the receiver files a complaint in the police station. The conviction will be based on evidence provided by the complainant. The criminal court may give the issuer of the cheque a two option either he will pay the money or go to jail. 8. Fund Raising Activity Before you solicit money for a cause or charity, make sure you have a permit to do so. Organizations are required to seek authorization for activities and register the personal details of volunteers. Under the law, it is illegal to conduct volunteering and fundraising activities without authorization. 9. Sharing Secrets Article 379 of the UAE Penal Code states that punishment by detention for a period of not less than one year and by a fine of not less than Dh20,000, or either of these two penalties, shall apply to anyone who is entrusted with a secret by virtue of his profession, trade, position or art and who discloses it in cases other than those lawfully permitted. Privacy, defamation, and confidentiality are taken very seriously under UAE laws. You are also not allowed to publish information or make false defamatory or accusatory statements that could raise public hatred or contempt against an individual or enterprise.

A mother of an Overseas Filipino worker (OFW) in Oman pleads for help after her daughter stops sending remittances to her four children, instead, her hard-earned money abroad, goes to her boyfriend. According to Marlyn Lazo in one episode of Raffy Tulfo In Action, her OFW daughter Irene, rarely sends money to her four kids, instead gives all her earnings abroad to her boyfriend. The mother Marlyn said, she even incurred debt due to the expenses for her daughter's deployment to Oman in last year. She added the debt are still unpaid up to now and she is being pressured by her debtors to pay. According to Marlinda, Irene's sister that she only send them money once from then. On the other hand, OFW Irene explained that she stop sending remittances to her family after her boyfriend suffers bullying from them. She even gave them an ultimatum to stop but it did not happen, that is why she chooses to send his money to the guy. “Nung time po na magpapadala ako sa kanila, binully po ng binully yung lalaki eh wala naman pong ginagawa sa kanila. Marami po silang sinasabi sa akin kaya nasaktan ako, hindi na ako nagpadala ng pera sa kanila,” Irene added that although she is no longer sending remittances to her children, the kids are being supported by her former husband on a weekly basis. When asked if she is willing to send monthly remittances to her family, Irene said, she cannot promise because she already has her own life now. Eventually, Irene agreed to send her family a portion of her salary after being reminded of the reason why she decided to become an OFW in the very first place.

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Friday, October 05, 2018

What Caused OFW Remittance Drop From The Middle East?

Due to the high inflation rate which causes the price of almost everything to shoot up, the families of the overseas Filipino workers require more remittances coming from their breadwinner to catch up with the rising prices. However, instead of the inflation to cause the remittances to increase, the Bangko Sentral Ng Pilipinas statistics are telling otherwise.
Due to the high inflation rate which causes the price of almost everything to shoot up, the families of the overseas Filipino workers require more remittances coming from their breadwinner to catch up with the rising prices. However, instead of the inflation to cause the remittances to increase, the Bangko Sentral Ng Pilipinas statistics are telling otherwise. Ads Sponsored Links Cash remittance from Filipino workers (OFW), particularly those in the Middle East, saw a steep decline from January to July this year, figures from the Central Bank of the Philippines (BSP) show. A lawmaker noted that even the lifting of the ban on the deployment of Filipinos to Kuwait last May failed to stop the remittance plunge. Based on the latest BSP data, there was a 15 percent decrease in remittances from OFWs in the Middle East, although fund transfers from Libya and Israel fell the most at 73 percent and 61 percent respectively. With that, Rep. Henry Ong, chairman of the House Committee Chair on Banks & Financial Intermediaries, said the policy shift in OFW deployment priorities must happen “sooner rather than later.” “Filipinos are being held hostage by armed groups in Libya. Israel recently welcomed President Rodrigo Duterte on a brief visit. However, the remittances from these two countries pale in comparison with those from Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, and Oman, which were in the high double-digit percentages decline,” he said. Remittances from Kuwait fell by 20.4 percent despite the resumption of OFW deployment last May. Bahrain showed negative 22.9 percent, transfers from Oman dropped by 38.3 percent and Saudi Arabia showed a slide of 10.4 percent. Qatar is the exception. The remittances decline from Filipino workers there was only 6.3 percent. Meanwhile, aside from the decrease in cash remittance, the Philippines also suffered a decline in the deployment of OFWs in 2017 after 10 years of continuous growth. Remittances from overseas Filipino workers (OFWs) dropped by 4.5 percent in June to clock in at $2.4 billion, down from the $2.5 billion received in May and breaking the trend growth in inflows. In a statement, the Bangko Sentral ng Pilipinas (BSP) said they recorded lower OFW transfers from the Middle East, particularly from those in the United Arab Emirates, Saudi Arabia, and Kuwait. These are particularly the areas covered by deployment ban for OFWs announced by President Rodrigo Duterte in early 2018. This brought total remittances to $14.2 billion during the first semester, just 2.7 percent higher from a year ago. The BSP is seeing remittances to go four percent higher in 2018. Meanwhile, the overall remittances which came from countries other than the Middle East seem to bounce back recently. File under the category of high inflation rate, overseas Filipino workers , remittances, statistics,Bangko Sentral Ng Pilipinas


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Cash remittance from Filipino workers (OFW), particularly those in the Middle East, saw a steep decline from January to July this year, figures from the Central Bank of the Philippines (BSP) show.


A lawmaker noted that even the lifting of the ban on the deployment of Filipinos to Kuwait last May failed to stop the remittance plunge.

Based on the latest BSP data, there was a 15 percent decrease in remittances from OFWs in the Middle East, although fund transfers from Libya and Israel fell the most at 73 percent and 61 percent respectively.

With that, Rep. Henry Ong, chairman of the House Committee Chair on Banks & Financial Intermediaries, said the policy shift in OFW deployment priorities must happen “sooner rather than later.”

“Filipinos are being held hostage by armed groups in Libya. Israel recently welcomed President Rodrigo Duterte on a brief visit. However, the remittances from these two countries pale in comparison with those from Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, and Oman, which were in the high double-digit percentages decline,” he said.

Remittances from Kuwait fell by 20.4 percent despite the resumption of OFW deployment last May. Bahrain showed negative 22.9 percent, transfers from Oman dropped by 38.3 percent and Saudi Arabia showed a slide of 10.4 percent. 

Qatar is the exception. The remittances decline from Filipino workers there was only 6.3 percent.

Meanwhile, aside from the decrease in cash remittance, the Philippines also suffered a decline in the deployment of OFWs in 2017 after 10 years of continuous growth.

Remittances from overseas Filipino workers (OFWs) dropped by 4.5 percent in June to clock in at $2.4 billion, down from the $2.5 billion received in May and breaking the trend growth in inflows.

In a statement, the Bangko Sentral ng Pilipinas (BSP) said they recorded lower OFW transfers from the Middle East, particularly from those in the United Arab Emirates, Saudi Arabia, and Kuwait.

These are particularly the areas covered by deployment ban for OFWs announced by President Rodrigo Duterte in early 2018.

This brought total remittances to $14.2 billion during the first semester, just 2.7 percent higher from a year ago.

The BSP is seeing remittances to go four percent higher in 2018.

Meanwhile, the overall remittances which came from countries other than the Middle East seem to bounce back recently.
File under the category of high inflation rate, overseas Filipino workers , remittances,  statistics,Bangko Sentral Ng Pilipinas

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As overseas Filipino workers (OFW) working in an unfamiliar territory, we feel comfortable whenever we see a compatriot or a fellow Filipino abroad. In some instances, very unfortunate things happen like getting into a trouble because of a fellow Filipino. The Department of Foreign Affairs (DFA) and the Consulate General in Saudi Arabia confirmed that an OFW was stabbed and killed by a fellow OFW in Jeddah, KSA. Ads Sponsored Links A Filipino was stabbed and killed by a fellow Filipino in Jeddah, Saudi Arabia, according to the confirmation of the Department of Foreign Affairs (DFA). The victim (name withheld) was a 29-year-old from Datu Odin Sinsuat, Maguindanao, who worked as a family driver in Jeddah. The suspect (name withheld), a 34-year-old from Capiz, also a driver for the same family The suspect remains under police custody after he was arrested immediately after the incident. The two "allegedly engaged in a fistfight in front of the house of their employer that ended in the victim getting fatally stabbed by his fellow driver." The motive of the stabbing is still unknown. The Consulate General and the Philippine Overseas Labor Office in Jeddah will extend full assistance to both Filipinos as well as their families. The victim is set for a vacation to the Philippines soon but the incident turned out to be unfortunate that he will come home inside a box. Consul General Edgar Badajos said that the suspect is facing a death sentence as per Saudi Sharia law. However, since they are both Filipinos, it is possible that the victim's family could instead He assured that they will render assistance to help both OFWs. Filed under the category of overseas Filipino workers, Filipino abroad, Department of Foreign Affairs (DFA), Saudi Arabia, stabbed, Jeddah, KSA

More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
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Tuesday, October 02, 2018

How Can OFWs Encourage Their Spouse To Save

More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings.
Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment.
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings

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More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
Stick to a budget schedule
Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings.
No matter how small the savings, it could mean a lot after a period of time you regularly do it.
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
Use the credit card wisely or do not use it at all
Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending.

 The best rule should be, do not spend the money you do not have. 
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
Always make a list of important things to buy
Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed.
Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important.
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
Live a lifestyle that suits your income
Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on.
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
There's nothing wrong with being generous but not too much
Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help.

Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family.
Filed under the category of overseas Filipino workers, extra income,  bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
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More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
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