Abstract

This research study discusses the saving, buying and spending patterns of Overseas Filipino Workers. It used quantitative research design and has 772 OFW-respondents coming from all parts of the country. The sampling design was convenience-snowball non-probability sampling design. Findings suggest that most of the respondents were female, college graduate, have 1-2 dependents and are currently working in Hong Kong. As to buying and spending preferences of OFWs, they intend to plan ahead of time what they are buying. They are responsible spenders since they know how hard it is to earn money abroad. Food, remittance and health and wellness are the major expenses of OFWS. Many OFWs also allot portion of their income to savings. One of the limitations of this study is that this research paper only considered one point in time.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.