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Sunday, July 6, 2014

How to Manage Money as an OFW in Singapore

OFWs are one of the lucky Filipinos who landed a job in a foreign country. At the first few months of our salary, it's either we have to
  • Pay for our debts left behind while we were preparing our documents 
  • Pay for the agent who helped us find a job 
  • Pay for our airline tickets and other expenses.
Yup, everything goes well for a month and comes the company bonuses and salary increase.  We then look for ways on how to spend it.  

We go shopping and thinking of buying something for my brother, sister, niece, aunt, cousins and everyone.  Happiness for all of them is now included in our priority.

The next few months, we buy something for ourselves such as:
  • Hand phones and tablets
  • Shoes and bags
  • Camera and other electronic gadgets...
  • Have a beauty surgery 
Guilty? Yes for some.  But, what if one day one of our family members or ourselves has an emergency involving money and the Work Pass is not renewed?

Do we have something to get out from our pockets?  Do we have Savings?

This video will help us OFWs on how to manage our money while we are still healthy and earning dollars while working in Singapore.

Please watch this and is highly recommended to all OFWs.  Please share it to others.


If you have questions and comments about this post, please feel free to leave a comment below.
You can be anonymous, for those who are shy.

You can email me at benalagnam@yahoo.com if you need some help about Singapore, but not about money, OK? :D

Other Related Posts:
Are You Blessed With Your Current Job?
How To Save Money in Singapore

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