As the Philippines celebrates National Heroes Day, we pay tribute not only to the heroes of our country’s past, but also to today’s modern-day heroes: overseas Filipino workers (OFWs).
In a report shared by the Philippine Statistics Authority, there are over 2 million OFWs with an estimated remittance of around PHP 238 billion in 2023. If you are one of the millions of Filipinos working abroad, be proud as your hard work and sacrifices go beyond just providing for your family – you also contribute to strengthening the nation’s economy and demonstrate Pinoy resilience in every community.
To honor selfless Filipinos like you, CIMB Bank Philippines, the country’s Best Digital Bank according to The Asian Banker, would like to share some practical money habits that you can adopt to maximize the value of your hard work abroad:
Build and expand your emergency fund
The usual rule of thumb for emergency funds is to have at least three to six months’ worth of expenses saved up. If you are currently building your own fund, keep in mind that more than just your family’s daily expenses, it would be best to have extra funds saved up for your own expenses as well. Some examples include having money in case of repatriation due to sudden job loss, urgent health-related expenses while in a foreign country, or funds for family emergencies that would entail immediately booking a flight back home.
Track your money together as a family
Despite the distance, open communication between family members is important especially when dealing with finances. Schedule regular money talks with your family to review expenses, savings, and priorities. Adjust them as needed to align with everyone’s goals. This helps make sure that all needs and wants are planned and provided for while also saving up for the future.
Balance giving with self-care
Many OFWs prioritize their family’s needs but may forget to secure their own future. More than just filling up balikbayan boxes with pasalubong and remitting money back home, you also need to invest in yourself. Whether it’s setting aside additional savings for your personal use, purchasing insurance, or planning for your eventual retirement, these efforts can help ensure that your hard-earned income lasts for years to come.
When it comes to remittances, CIMB Bank PH strives to make this process more convenient for OFWs and their families. This is part of the award-winning Bank’s mission to support the underserved overseas Filipino market and empower them to live their purpose wherever they may be.
Sending money to a CIMB Bank PH account is now easier, faster, and more secure, as direct crediting of remittances to CIMB bank accounts is now possible from over 170 countries with no hidden fees from CIMB. You can opt to send money through direct bank transfers from partner provider apps such as Revolut, Western Union, WISE, and WorldRemit, or use a remittance transaction reference number using Ria or Remitly.
This National Heroes Day, CIMB Bank PH recognizes that heroism lives in the everyday choices of OFWs like you – especially when those choices create a brighter future for your family and the nation.
44 Comments
I precisely wanted to appreciate you all over again. I’m not certain the things that I would’ve followed without those information shared by you on that theme. It had been an absolute frightful crisis in my circumstances, but discovering a new skilled approach you managed that forced me to cry with joy. I am just thankful for this support and then believe you know what an amazing job you are always doing training many others all through your site. I know that you haven’t got to know any of us. czauvr sale
Being grateful for for your post. I know that throughout today’s complicated world, folks have many beliefs and this has made it to be very difficult for learners much like me. However, you have made it very easy for me to fully grasp and I now have in mind the correct thing. Your continued reputation as one of the top experts on this topic may be increased through words with appreciation from visitors like me. Thanks, again. findsome us
Some genuinely wonderful articles on this web site , thankyou for contribution. dcshop ma
Thank you for your time to have put these things together on this blog. John and I very much appreciated your insight through the articles about certain things. I realize that you have a number of demands in your timetable hence the fact that you actually took equally as much time like you did to guide people like us via this article is even highly treasured. realandrare cc
As i pured, We will be book-marking during a period attain forms finish happens further up. castrocvv
I’m often to blogging and i in actual fact respect your content. The piece has actually peaks my interest. I’m going to bookmark your content and preserve checking for brand new information. cococheck
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how could we communicate? tox3
Youre so cool! I dont suppose Ive learn anything like this before. So good to search out someone with some authentic ideas on this subject. realy thank you for beginning this up. this web site is one thing that’s needed on the web, someone with somewhat originality. useful job for bringing something new to the internet! czauvr
Hiya, I’m really glad I’ve found this information. Nowadays bloggers publish just about gossips and net and this is actually irritating. A good blog with interesting content, this is what I need. Thank you for keeping this website, I’ll be visiting it. Do you do newsletters? Can not find it. jerryclub
You will find dissertation online sites via internet settle purchase not surprisingly well-known while in the web pages. ronaldo club cc
I like the efforts you have put in this, thankyou for all the great posts . prozone
Hello my family member! I wish to say that this post is amazing, great written and come with approximately all vital infos. I would like to see extra posts like this . stashpatrick
I adore reading and I conceive this website got some genuinely utilitarian stuff on it! . blackstash
This is certainly as well a really good posting we seriously experienced looking through. It is far from on a daily basis we have risk to check out a little something. findsome
You made some decent points there. I appeared on the web for the issue and located most individuals will associate with with your website. 爱思助手
LCD TVs can really save you from high electricity bills and office space; 달리는토끼
Aw, this was a very nice post. In concept I wish to put in writing like this moreover – taking time and precise effort to make an excellent article… however what can I say… I procrastinate alot and on no account appear to get one thing done. 강남 텐카페
This is a terrific web site, would you be interested in doing an interview about how you designed it? If so e-mail me! 강남 유흥
Howdy! I read your site everynight, just after I water my plants 강남 유흥
Hello there, I found your site by the use of Google even as searching for a similar subject, your web site came up, it appears good. I’ve bookmarked it in my google bookmarks. 강남 퍼펙트
there are bronze and brass dining chairs too that looks very elegant because of their color;; b club
I genuinely enjoy examining on this web site , it has got great posts . ultshop
i like it jobs because it is a high paying job and you work in an air conditioned office,. swipes tore
my dad is a massage therapist and he can really relieve minor pains and injuries** Ultimateshop Login
You should experience a tournament for just one of the best blogs on-line. Let me suggest this website! savastan
Spot i’ll carry on with this write-up, I honestly think this site requirements considerably more consideration. I’ll likely to end up once again to study a great deal more, thanks for that information. vclub cc shop
Thanks, I have recently been hunting for details about this subject matter for ages and yours is the best I’ve located so far. briansclub
Hello, i study your blog often and i own an analogous one and i used to be just wondering if you get much of spam comments? If so how do you catch it, any plugin or anything you’ll be able to advise? I get thus often lately it’s driving me crazy so any help is very abundant appreciated. for older folks, retirement or a huge promotion at work is a time when celebration events are going to be a great idea. Sex Việt
A cool article at that time partner ! Regards for that article . 가락동노래방
Hey, this day is too much good for me, since this time I am reading this enormous informative article here at my home. Thanks a lot for massive hard work. 소액결제 현금화
Pretty good post. I have just stumbled upon your blog and enjoyed reading your blog posts very much. I am looking for new posts to get more precious info. Big thanks for the useful info. 소액결제 현금화
I have been browsing on-line greater than three hours lately, yet I by no means found any attention-grabbing article like yours. It is beautiful worth enough for me. Personally, if all website owners and bloggers made just right content as you probably did, the web will be much more helpful than ever before. 갤럭시가라오케
An example of this is Atypical Mole Syndrome. This syndrome brings about a tendency inside the physique to kind an abnormal amount of moles on our skin. This is some thing that we could have obtained from our parents or our grandparents and we’ve no manage over regardless of whether we obtain it or not. 비아그라 구매
Nice post. I find out some thing harder on diverse blogs everyday. It will always be stimulating you just read content off their writers and practice a little there. I’d choose to apply certain while using the content on my blog whether or not you don’t mind. Natually I’ll give you a link on your own internet weblog. Appreciate your sharing. https://s666abc.com/
Many thanks for bothering to line this all out for all of us. This write-up ended up being extremely useful in my opinion. slot online
I believe you have remarked some very interesting details , thankyou for the post. 강남도파민
강남 퍼펙트 가라오케는 강남 한복판, 논현동에 위치해있는 엘리에나 5성급 호텔에 귀속해 있습니다 퍼펙트가라오케
강남에 위치해있는 강남가라오케에서 최고의 노래방 경험을 즐기세요. 강남가라오케
수원출장마사지 – 수원 전역에 24시간 여성 전문 마사지사가 찾아가는 출장 홈타이 서비스! 아로마, 스포츠, 커플 마사지로 피로와 스트레스를 합리적 가격에 풀어 수원출장마사지
소액결제 현금화는 휴대폰 소액결제 한도를 활용해 급하게 필요한 현금을 마련하는 방법입니다. 쉽게 말해, 휴대폰 요금 결제로 온라인 상품권이나 디지 소액결제 현금화
롤대리 – 빠르고 안전하게 원하는 티어 달성을 돕는 롤대리사이트입니다. 챌린저 출신 고수들이 직접 플레이하며 다년간의 노하우와 24시간 상담으로 계정 안전 롤대리
소액결제 현금화는 휴대폰 소액결제를 통해 구매한 상품권이나 콘텐츠를 현금으로 전환하는 과정을 말합니다. SKT, KT, LG U+ 등 통신사에서 제공하는 월 최대 100만원 휴대폰 소액결제
소액결제 현금화는 휴대폰 소액결제 한도를 활용해 급하게 필요한 현금을 마련하는 방법입니다. 쉽게 말해, 휴대폰 요금 결제로 온라인 상품권이나 디지털 콘텐츠를 구매 소액결제 현금화
유흥알바는 주로 밤 시간대에 이루어지는 엔터테인먼트 업소에서의 아르바이트를 말합니다. 클럽, 바(bar), 노래주점(가라오케)이나 룸살롱 등에서 고객을 응대하고 서비스 유흥알바