07/11/2021
Many Overseas Filipino Workers (OFWs) work hard for years and still end up retiring poor. OFWs are heroes who sacrifice a lot just to be able to send money and gifts to their families back home. In many cases, the families take for granted just how hard it is for an OFW to earn the money they remit. The families do not know that many OFWs send balikbayan boxes filled with brand-new clothes and shoes that they themselves do not have.
You also hear stories of OFWs investing in businesses for their families in the Philippines to manage. For example, providing money to set up a transportation business, like a car or a jeepney. When it is time to replace the tires of the vehicle, the business cannot pay for it. The family instead, depends on the OFW to pay for the tires. Sa kanya na ang kapital, sa kanya pa rin ang gastos.
So it is a reality that many OFWs who work for 20 to 30 years still end up retiring poor.
-Ssbyf
If you’re an OFW, don’t let that be you. Or if you’re a family of an OFW who benefits from their regular remittances, let every peso counts.
Be informed and know the right thing to do. Be financially educated!
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