Skip to content

Survey details ways Filipinos used remittance money this past summer

Many Filipinos used remittances for educational expenses in the third quarter.

When people transfer money abroad, those funds are used in a variety of ways, as families have a variety of responsibilities and obligations. But when it comes to people who send money to the Philippines, odds are that it will go toward paying for food and groceries.

According to a recent report from the Bangko Sentral ng Pilipinas, approximately 97 percent of the remittances sent by overseas foreign workers were used for food between July and September of this year.

That's not the only way in which the money was used. Of the nearly 500 households surveyed, 75 percent also set some of the money aside for education-related expenses. In addition roughly two-thirds devoted it to medical payments and half toward debts and bills.

Saving was less common among Filipinos in the third quarter, as the report showed that about three in every 10 families saved some of the money so that they could use it on another purchase at a later date. That's down from the previous quarter, when nearly five in every 10 Filipinos saved.

At the same time, though, many Filipinos were interested in making their earning potential grow. About 5 percent of people in the survey said that they invested what they got from an online money transfer, which was about where the level stood when contrasted with the previous three-month period.

There's no shortage of usages for remittances, as evidenced by the purposes Filipinos prioritized this past summer.

Read more from Money Transfer, Philippines
39 Comments
  1. Sep 14 2013

    There is emphatically one Opportinity for you to impairment your Ugg Classic Short within the easiest Means, and this is direct cleanup them with less Attention than had you been cleansing your galoshes. As your match of shoes was created from the freshest wool and diploma, then you should take proper Concern in cleaning them. Read about some smooth manners so that you can continue your Ugg Classic Short boots attending just only the Mode they did when you initially purchased them:. No rain since May. That corn should be lush, seven feet tall, tasseled and forming ears. It’ll amount to nothing. The material is waterproof snow boots, that is, no water, no cold air could possibly get into your boots. They will continue to warm your feet, because their shell and lining. Once you slip into one pair of due to the fact to your feet, they will be warm and toast until it’s time to put them off. These are kids. You are not God. You have no right to damn these phones hell. So it a relief doing in a breezy comedy like Adult. The show doesn weigh that much, but it includes a kind of pointblank piquancy that has gradually seeped away from American comedies, which now are mainly going for broad, topical gags that rarely adventure into the relatable shadows of human behavior. Adult has a dark side, and Theron attraction into it initially feels like a stunt.. Ugg has sold millions of pairs of boots plus more of the mini, short, and tall classic than every other style. But, variations on these standards are quickly catching on and changing up the bestseller lineup. The shoe manufacturer lists is current most popular on its website plus it would appear bling is in.
    [url=http://amm-shadeports.com]gucci outlet[/url]

  2. Sep 23 2013

    Jon Strachan, The Fremantle Society: Fremantle is a mix of traditional owners and post war migrants from Europe and more recently SouthEast Asia and Africa. We’re very happy with Fremantle Prison being listed on the UNESCO World Heritage list there are a host of Federation buildings under western culture End. Must mention the Cappuccino Strip Street Club where individuals turn up and take over an area of the street, bringing furniture, games, their hobbies and youngsters, and have a great Friday evening. Flacco contains a 53 playoff record, including a make an impression on the Patriots in the 2009 postseason. However, he threw just 10 times in that game and has thrown more interceptions (seven) than touchdown passes (six) in his postseason career. Brady threw six touchdown passes the other day against Denver. In the event it is ones very first time that winter sports, there are various selections for finding out models in addition to tactics. Could you instruct you to ultimately telephone someone or even skilled training Spyder Mens Ski Wear. An item educates you tend not to advocate solution. About GingerGinger, or Zingiber officinale, is surely an Asian native plant that is now cultivated throughout India, Australia, The united states and the Caribbeans. Ginger is abundant with carbohydrates, essential fatty acids, vitamins, minerals and plant sterols. The main element active ingredients in ginger include gingerols and shagoals. Mootsies Tootsies offers current trend fashion for your classic customer. It is a lifestyle brand which takes her from work to weekend, offering the latest in dress, tailored and casual collections. You’re gogetter! Get your feet familiar with the feel of comfortin the because I dare you as well! Sling back sandal includes a canvas/elastic upper, cross straps 1 heel, and slip resistant..

  3. Sep 23 2013

    Excellent site. Plenty of helpful info here. I

  4. Sep 24 2013

    She wore it for the walk around the block, but not much lenogr. I wore one too and it was pretty itchy. Maybe next time we will bring them home and wrap them around a cup for a pretty fall center piece!

  5. Survey details ways Filipinos used remittance money this past summer | The Official Xoom.com Blog

  6. Survey details ways Filipinos used remittance money this past summer | The Official Xoom.com Blog

  7. Oct 3 2013

    I love for getting letters with U.S. commemorative stamps on them; I collect these. How are your letters stampedor are they metered (yech)?

  8. Oct 4 2013

    An intriguing discussion is worth comment. I feel that you really should write far more on this subject, it may well not be a taboo subject but usually men and women are not enough to speak on such topics. Towards the next. Cheers

  9. Oct 4 2013

    Quite interesting points you’ve got noted , thanks for putting up.

  10. Oct 6 2013

    Aw, it was quite a very good post. In notion I have to spot in writing comparable to this moreover – taking time and actual effort to produce a truly excellent article

Trackbacks & Pingbacks

  1. http://www.openlrm.com
  2. cheap car insurance
  3. www.ecotechnologia.net
  4. herpes medication cost
  5. hemoroizi externi
  6. electronic cigarette free trial kit
  7. bed bugs prevention
  8. diet pills that work
  9. Electrician Durham
  10. Diabetic Shoes Charleston
  11. v2 cigs coupon
  12. Carpet Pet Urine Removal
  13. maketplace to sell electronics online
  14. lavorare da casa
  15. tree service atlanta ga
  16. marietta moving companies
  17. green coffee bean extract
  18. casino aams bonus senza deposito
  19. raspberry ketones review
  20. hcg drops review
  21. pure garcinia cambogia
  22. water ionizer
  23. UATWPtIzlf UATWPtIzlf
  24. james bond girls sexy
  25. 99470-1
  26. canvas printing
  27. check out this image
  28. my blog
  29. their explanation

Comments are closed.