OFW hard-earned money worth nowadays in the Philippines?
By Neomanx
@Neomanx (9)
Bahrain
August 5, 2007 9:25pm CST
Sad to think that we OFW's abroad are striving hard to earn dollars just to keep our families sustained for a living. How much worth are those remittances that we send to them if cost of living keeps on rising. Is there any hope for us? for our families? and our future?
1 response
@rsa101 (37969)
• Philippines
6 Aug 07
But you have to realize that compared to those that earn thjeir living here in the Philippines OFWs remittances far more exceeds compared those that are working locally. The thing is every cent the OFW is sending should be spent wisely to be able to save money. Rising cost of living may also be cause by increase in buying power of those that can afford. It is but natural that cost of living will increase if those families that earn from their families abroad spend their money without thinking saving it. Those that are beneficiary of OFW earnings should be taught how they could spend their earnings wisely.
