Smart and Effective Ways for OFW's to Save and Stretch their Budget

It is a popular misconception that OFW’s earn fat stacks of cash and sleep in a bed of money and that is why some of their more selfish and greedy friends and family always ask for more money or pasalubongs without thinking about the reality of the situation. But because they think about others more than themselves and they want to give their loved ones what they want and need as much as possible, OFW’s often find themselves struggling to keep their heads above water to avoid financial woes. Therefore, instead of enjoying themselves after receiving their checks every payday, they tighten their purse strings and apply these pieces of advice to help them save as much as humanly possible.

Be the Next Master Chef

Instead of dining out in fancy restaurants and five-star hotels that charge too much for their extravagant meals that cost an arm and a leg, they can shop for ingredients and learn how to cook. This way, they can prepare their own sumptuous and healthy meals for breakfast, lunch, and dinner for just a fraction of the cost of their bill when they eat out in diners and restaurants.



Stay on the Carpool Lane

Due to the hassle of the daily commute from their house to the workplace, it is tempting for OFW’s to reward themselves and head to a dealership to buy their own ride. But if they really want to save some serious moolah, they can just set up a carpool arrangement with their friends and colleagues and this is also great for the environment because they are lessening their carbon footprint.

Always Buy in Bulk

To avoid falling for the retail price trap, OFW’s should buy in bulk during flash sales if they have a habit of sending balikbayan boxes to their family regularly. Non-perishable items like clothes, soap, shampoo, and other toiletries can be stocked for a long time but they need to seal the package securely to avoid the vultures from stealing their goods.



Wait for Airline Seat Sales

When it is time for them to come home for a relaxing vacation, they should book their flights in advance and search for seat sales or promotional discounts from different airlines. And if it is possible, they should avoid the major holidays and peak seasons because of the sudden surge in prices.