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One of the main economic contributors in the Philippines is the OFW's, and we salute them. A domestic helper for example, they left their family to go to other nation and to babysit other children. They stay and work abroad for more than 30 years and some even stayed longer. The main thing that attracts Filipinos to go elsewhere is money, other nations have higher currency. However, it's is not always a happy ending, some people work for years and when it's time to retire they have not saved enough money to buy a property. Here are some helpful tips to secure financial freedom before OFW retires.

Yearly packages
As an OFW, we want to give our family all the things they want from abroad, and we send packages twice and sometimes three times a year. Keep in mind that sending these boxes actually will cost you if calculated annually. It is better to send the boxes once a year to save more and you'll be one step closer to financial freedom.

Pinoy Fiesta
Filipinos have fiesta's everywhere you go. It is common to some relatives, neighbors and even barangay officials to approach an OFW that just got back and ask them to sponsor a dinner or an event. It is probably fine if you agree once or twice, however, if this happens every time you come home then it will set you back on your finances. The best way is to decline and suggest a fundraiser or potluck.

Keeping up with technology
Nowadays we try to keep up with technology, especially on electronic devices like smartphones. We keep on buying the latest phone whenever a new product is on the market. However, these are the items that the value depreciate in a short span of time. Be contented with your current phone and try to think why you need to upgrade it to the newest version.

Open a personal savings account
OFW's tend to spend all their monthly salary to their love ones and just leave a fraction to themselves to last till the next paycheck. This will put them in a tight financial situation in the long run. Opening a savings account will inspire you to save and it will let you feel that you are obliged to save. One can also ask your payroll to automatically deduct an amount from your salary for your savings account.

Once you have saved enough and wanted to see Cebu City Homes for Sale, or check out what is on the market, try to search online and look at the home listings. Enjoy your search!