In this episode, we explore why some Overseas Filipino Workers (OFWs) retire broke despite earning well for years abroad. We unpack common financial pitfalls such as lack of savings plans, excessive remittances, poor investments, and pressure to support extended families.
Many OFWs focus on short-term needs without setting clear goals for retirement or building assets. We also discuss emotional spending, scams, and the false belief that high income always means future security. Featuring real-life stories and practical advice, this episode aims to shed light on the importance of financial planning, discipline, and making wise decisions to secure a comfortable life after working overseas.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
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On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!