Young OFWs, First Go Deep, Then Fly
Aim high. Climb the ladder to success. Reach for the stars. These are the common catchphrases we hear while growing up and finding our own place in the world. Even toys tell us to go “to infinity and beyond!” Wired as we are to raise our heads up to the vast skies, the towering high-rises, and the things that zoom faster that what we’re used to, many of our countrymen end up as Overseas Filipino Workers (OFW). Progress is believed to be up there, somewhere else beyond Philippine soil. Faster means better results, further means getting somewhere. Yes, the idea of going abroad is enough to perk us up and start our engines. Seldom do we ask ourselves, “Wait, go somewhere…for what? Go somewhere ‘til when?” We’re not so curious about these important details because this requires us to collect ourselves, go slow, and move a few steps back so we can reassess our motivations and definitions of success and happiness. Look inside Your overseas life is more than just a job stint or an enduring opportunity. It’s a battle of the mind, body, heart, and spirit. Like in any battle, you must always prepare yourself to face adversities, condition…
Push yourself to give more value as an OFW
Overseas Filipino Workers–that’s what we are called. We take pride and celebrate it as a nation. Keep in mind, though, that OFW is NOT all who we are. We are more than Filipino workers residing overseas. We can do more. We can go further. We can be who we want to be. You shouldn’t think that our roles and ambitions end right after your overseas contract expires. Or when you have uprooted all of your family members to where there are green pastures. Your label right now as an OFW requires you to step it up, not just for you but for the rest of us. You are an OFW, yes, but you can bring more depth to this or redefine it. Don’t know how to start? Consider adding the letter E. OFW + Enabler Sending money back home to cover the tuition fees of your kids, siblings, nephews or nieces? Did you lend money to someone to help them set up their business in the province? Hurray, you are close to becoming an Enabler. Being an Enabler means you are helping someone get on their feet so that they can depend on themselves in the future. We salute you if…
Abroad Me showcased in OFW trade expo
“Abroad Me” joins top brands and services targeted to Overseas Filipino Workers (OFW) and their families in this year’s Mega Balikbayan/OFW Expo. Held at SMX Convention Center from December 18 to 20, the expo is dubbed as the biggest gathering of OFWs and their families. Now on its 11th edition, the expo’s theme centers on the upcoming ASEAN integration and how local businesses can prepare for the opportunies ahead. A main thrust of the expo is to encourage OFWs to go into business. “Abroad Me”, which also touches on the topics of financial literacy and investment planning, aligns well with the message of OFW empowerment by venturing into business. Visitors to Abroad Me’s booth in the expo are entitled to a special discounted rate of PHP320 for a single copy, or PHP900 for three copies. Other companies in the expo are involved in banking services, dealership, franchising, health and wellness, technology, and more. Highlights of the event includes an OFW-SME (small and medium enterprise) business summit and an awards ceremony for outstanding OFWs.
Personal Finance: Lessons Learned From Our 1st Real Estate Investment As OFWs
We have closed our 1st big purchase late last year after working for five years as overseas Filipinos in Taiwan. But first, let me qualify one important thing. This didn’t happen overnight. I’d like to state that fact, because when overseas Filipinos share their story about purchases and investments, others automatically think that this was because everything is just that easy overseas. Something like, “you know, I feel like buying a property today…Done!” Nope. It wasn’t like that for us. And for overseas Filipinos planning to purchase a real estate property, I’d like to share with you four main lessons we’ve learned along the way. (Note: I also created an OFW take-home primer for our participants in our 1st Abroad Me Live seminar to flesh out some of the details.) 1) It pays to start early. My husband and I decided to make our purchase in our mid-20s, almost two years after moving overseas. I pushed for that decision because, in Taiwan, real estate properties are way too high. It was very clear to us that while we’re staying here, we’d be renting our place and that’s actually more economical for us. We also have another problem. You can’t easily purchase or…
Abroad Me’s Anne Quintos Among 7th Obra Awardees
For reaching out and inspiring her readership of overseas Filipinos, Abroad Me author Anne Quintos received the 7th Obra Award for Outstanding Community Builder. According to the organizers, the award is given to overseas Filipinos “who have been actively contributing and helping their community and society in a positive way.” Anne was cited for both her online and offline outreach effort. Since her book was published in 2014, she has written about the struggles of Filipino professionals based abroad in other media outlets like Rappler.com. Her blog and social media accounts are also popular among OFWs seeking information about life overseas. She has also spearheaded live workshops, such as on the topic of real estate investments for OFWs at the AIM Conference Center. A counterpart online course is also in development for a planned launch early this year. Anne joined a short list of other remarkable OFWs who received the Obra Award for 2015. The awarding ceremony was held last December 15, 2015 at the Mega Trade Hall in Ortigas Center. Among the other awardees are: Clarisse Pastor-Medina and Carlo Casinto (Entrepreneurs) Joel Nedamo (Family Builder) Vagelyn Federico (Work Ethics) Carmi and Tristan Cristobal (Bloggers) Salome Cunanan and Rowel Anicas…
Abroad Me in Korea
Big thanks to Philippine Ambassador to Korea Raul Hernandez for his dedication to support overseas Filipinos, and congratulations to the incoming officers of Filipino EPS Workers’ Association (FEWA) in Korea!
Abroad Me Book Launch in Photos
Abroad Me author Anne Quintos gave a short talk on the need to redefine what we consider as a “successful” OFW. During the Q&A, a spirited discussion on some of the audience’s personal experiences also ensued. We thank everyone for supporting Abroad Me!
1st Abroad Me Live! in Photos
To the participants and sponsors of the 1st Abroad Me Live with Eden Dayrit, thank you for making the event a success! Special thanks to all of our sponsors who believe in Abroad Me’s mission of proper education for better real estate investment decisions!
Why OFWs Need To Prepare For Their Real Estate Purchase Or Investment
As an OFW, I am passionate about investing my hard-earned money to secure a better future for my family. I’ve read a lot of financial articles on how OFWs should invest on stocks, mutual funds, and other paper assets that will exponentially increase in value. I totally agree with it. In fact, before my husband and I decided to purchase a property in Metro Manila, we have taken the dive in local and offshore stocks and bonds. We had our share of wins and losses. That’s how we are learning. There are some financial blogs and articles, however, that completely discourage the idea of OFWs investing in real estate. They have valid arguments and concerns. Perhaps, they also have the best intentions. There’s one thing that they don’t understand, though. OFWs would, in most cases, want to someday build their nest back to where the heart is. Home. That’s why 30% of the billions of OFW remittance is poured into real estate investments. You have to understand that this isn’t so much of a financial strategy, but more so of an emotional attachment. Whether it’s for their families back in the Philippines, an investment they’d like to earn from, a…