Start an Investment Plan
Put your savings to good use by investing a part of it in a small business venture or more standard investment options in the market. The earlier you begin, the better it will be, because you want to keep it for as long as possible, and start as early as possible.
You don’t even need to wait until you have millions in the bank, because there are many options to choose from. Whether it’s a small home-based business, stocks or mutual funds, life insurance, a business franchise, or a condominium unit, anyone can begin investing.
Learn New Skills
Just because you’re an OFW doesn’t mean you have to limit yourself to the skills you currently have. Being in a foreign country while working in a multicultural workforce gives you the opportunity to observe different points-of-view and learn something new.
Consider short courses offered online, or in get in touch with local learning centers, communities, or schools that offer courses on topics that may be beneficial to your resume. Look into graphic design, video editing, stock trading, foreign languages, entrepreneurship, and many others.
Think About Life Insurance
Purchasing life insurance is an important financial and life decision—especially for OFWs who need to protect themselves and their family back home. While it's sometimes a topic some choose to avoid talking about, it's an important part of planning for the future.
You’ll find different insurance products to go with different needs. OF millennials, for example, may find a perfect fit in BPI-Philam’s Family Care Plus. It’s a 10-year renewable joint life term insurance plan that provides coverage for two people under one plan. It’s perfect for OFWs with a spouse or a dependent back home.
The plan provides life and critical illness coverage and can be shared with another family member. Which means coverage for both of you in the event of critical illness or death, as well as, diabetic complications and angioplasty, and it even comes with a Philam Vitality Program Membership -- a science-backed wellness program that will encourage you to live healthier, longer, and better lives. Philam Vitality also offers rewards for taking active steps in knowing and improving your health!
Remove the stress and anxiety of worrying about your loved ones back home in the event of an illness or accident; Family Care Plus is there to make things easier.
To know more, visit the nearest BPI branch and speak to a Bancassurance Sales Executive. Or click here to find out how you can secure wellness and protection together.