HOW TO MANAGE YOUR FINANCES DURING PANDEMIC | 7 Steps for OFWs to Crisis-Proof their Finances

Описание: 7 Actions Steps for OFWs to Crisis-Proof their Finances || This video is based on a Blog post that I wrote in April after learning about the mass repatriation of Overseas Filipino Workers (OFWs) who lost their jobs abroad because of the Covid-19 pandemic.

Our dream for this channel, which is to help/encourage OFWs to maximize their time abroad so they can retire on their own terms in the Philippines or elsewhere, came to be when I wrote this blog.

https://pausepraysimplify.com/what-of...

So I decided to do a video version and an updated one for those who prefer to watch than read. Please feel free to choose.

It broke my heart then to learn that so many of our fellow OFWs lost their chance to earn and support their family. But when I checked the data from the Department of Foreign Affaris last week (Last week of October), I froze. That number grew even more and is expected to further increase.

In this video, I broke down the 7 Action Steps that OFWs can take in order to survive and thrive in a pandemic. If you’re an OFW and you still have a job abroad, I sincerely ask that you consider watching this video. If you’re already practicing these 7 Action Steps, you may of course skip this video but PLEASE PLEASE share it with others who aren’t doing it yet.

***HERE ARE THE CHAPTERS/TIMESTAMPS TO GUIDE YOU:

0:00 DATA FROM DFA - How the Pandemic affected OFWs worldwide
05:55 Action Step 1: Our Biggest ASSET
07:16 Action Step 2: How we can protect ourselves
14:40 Steps to Financial Peace
10:30 Action Step 3: The KEY to Financial Success
16:55 Action Step 4: Emergency Fund
22:04 Action Step 5: Invest and Diversify
24:13 Action Step 6: Plan for Retirement
25:43 Action Step 7: Why we need to crisis-proof our finances
28:52 Our Dream for OFWs

#PersonalFinanceForOFWs #PandemicMoneyMoves #PlanningForOFWRetirement

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📱All videos shot using Samsung Note 9/10, DJI Osmo Pocket. Edited using Kinemaster.
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Special thanks for the Additional Footage from Pexels (www.pexels.com)
Special thanks to Karina Javier for her Kalimba cover of Waymaker
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Special thanks to www.gulfnews.com
News stories cited from Gulf News were authored by Janice Ponce de Leon while she was working as a news reporter there between August 2011-October 2019.