Wednesday, November 2, 2022

Money Remittance

OFW Tax: Are OFWs Required to File Income Tax Returns?

There are too many questions about tax nowadays and too few people who answer them satisfactorily. Given that ignorance of the law is no excuse, people are oftentimes skeptical of what is taxable and what is not, as well...

Learning From the Millionaires: Part II

This is a sequel to the first article that appeared on this website. We appreciate the positive feedback and hope that you will find this sequel just as informative .  Millionaire. The word brings to our mind images of grand...

6 Reasons You Should Avoid Sending Money Using Western Union

Western Union is a financial service company founded in Colorado, United States in 1851. Its major services include money transfer and money orders. The company's revenues have been impressive. According to a financial report, Western Union has annual revenue...

Breadwinner Expats Struggle to Save Amid Rising Cost of Living in UAE

Many expatriates settling in the United Arab Emirates have their families set in higher order of priority than themselves, making sure a portion of their wages are sent back home. Financial experts argue that there is nothing wrong with providing...

7 Money Transfer Tips for OFWs

One of the primary reasons for going abroad is to earn more and be able to send money to family members for various purposes. Since this money-sending activity is a routine task overseas Filipino workers do, it pays to find...

Why Many OFWs Fail to Remit Money to Families?

The life of Filipinos working abroad is not at all perfect. Millions of Filipinos come and go out of the country in the hope to sight a greener posture for themselves and their family. Despite the rising number of...

4 Reasons Why Some OFWs Return Home Without Savings

Contrary to many expectations once a Filipino goes abroad and gets paid a salary higher than back home, many overseas Filipino workers go home barely able to save money. Why is it so? In ideal situations, a Filipino spends...

Western Union Pros and Cons as Money Remittance

Through the years, Western Union has established itself as one of the premier establishments that conveniently transfer funds for individuals regardless of where they are in the world. There are currently 101,000 branches in over 185 countries, making it...

6 Reasons Behind Appreciation, Depreciation of Philippine Peso and Other Currencies

Currency fluctuation: Why does it happen? Many OFWs complain when they realize the value of the US dollar or other base currencies loses their value against the Philippine peso. Some of them blame the government for allowing it to happen;...

How to Send Money Using Western Union and MoneyGram

Western Union and MoneyGram are two of the most frequently used agencies through which Filipinos can send money to loved ones in the country and abroad. The process is generally quick and easy. Here are some tips. Using Western Union Sending...
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Latest News

Filipino Nurse in the USA: Joanne Vilchez-Baysa

Hi everyone, my name is Joanne Vilchez Baysa, born in Zamboanga del Norte and working as a staff nurse...
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