Author's Name:	Dr.Revenio C. Jalagat, Jr. & Dr. Van S. Dalluay
Subject Area:	Social Science and Humanities
Subject	Economics
Section	Research Paper

OFW, Financial Management, Financial Literacy, Earnings, Financial Dispositions

Working abroad is considered by most as a hard earned money especially to the Overseas Filipino Workers (OFW). Some were successful in their long years of working while others were still suffering after settling back home. Based on this premise, the objective of this study is to examine whether the OFWs utilized planning and managing their financial resources while still working in the foreign land. It will also assess the experiences of OFWs regarding their utilization of earnings in terms of savings and spending and their responses in periods of uncertainties. The study employed the qualitative research and utilized the purposive sampling to solicit the ideas and opinions from respondents. Moreover, focus group discussion were presented to highlight the openness of the responses from the ten (10) respondents. Findings showed that, there is a need of the OFWs exposure with any trainings relative to financial management, financial literacy and others. Financial discipline is also necessary to manage the resources effectively. Also, realization should be reached that, government should respond to these needs with employment of trainings and programs to address these needs.