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Information on financial and communication services for Overseas Filipino Workers and their families

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Using OFW Money Strategically

Posted in March 26th, 2008
by ka edong in Financial Literacy

I found this video on YouTube produced by the Economic Resource Center for Overseas Filipinos (ERCOF).
The video starts with testimonials about how OFWs money goes down the drain through
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Deposit Accounts as “Containers” for Specific Savings Purposes

Posted in March 24th, 2008
by ka edong in Financial Literacy, How To's

The principle is quite simple: Use separate bank deposit account(s) to contain/hold money for specific purposes.
I first learned of this money management principle from one of Francisco Colayco’s articles. I immediately applied this principle to save up for my first real estate investment, consistently depositing in a separate account until I gathered enough money to [...]

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One Million Pinoy Millionaires Mission

Posted in February 22nd, 2008
by noelle in Financial Literacy

This is the vision shared by Dr. Larry Gamboa (author of best selling books like Think Rich Pinoy, co-author of Think Rich Quick), Trace Trajano (co-author of Think Rich Quick), Bro. Bo Sanchez (author of best selling books like 8 secrets of the Truly Rich), and real estate investor Nelson Terrible.  They themselves are already millionaires [...]

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Aasenso Tayo!

Posted in February 20th, 2008
by ka edong in Financial Literacy

My very good friend, Dex — my partner in crime as volunteer teachers in Cuyo Palawan — has started blogging about finance.
Dexter was one of my first “advisers” about finance and we downed a few SMLights at the QAve MRT station one evening just talking about money, money and … money. Dexter was the first [...]

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Think Rich Pinoy Wealth Seminar goes to Singapore

Posted in February 10th, 2008
by noelle in Financial Literacy, Singapore

Think Rich Pinoy Wealth Seminar is coming to Singapore on March 29, 2008.
Learn the secrets of the truly rich and the practical know-how of how to get rich from best-selling authors and Pinoy millionaires Larry Gamboa, Trace Trajano, and Bo Sanchez.
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How to Cope with the Weak Dollar

Posted in January 16th, 2008
by ka edong in Financial Literacy

The Personal Finance section of the Inquirer Money has this piece of advice for OFWs and their families on how to cope with the lowering value of their dollar remittances.
Question: My husband’s $1,000 used to give us P55,000; now it only amounts to P41,000. I’m having difficulty making ends meet and paying all our bills. [...]

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